CFOs on the Move: Week ending July 31, 2015

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07/31/2015
  • Blackstone Group has appointed Michael Chae to head finance. He succeeds Laurence Tosi, who resigned to become CFO of Airbnb. Chae joined Blackstone in 1997 and is currently a senior managing director.
  • Paul Dascoli has been named to lead the finance function at Serta Simmons Bedding, effective Aug. 25. Previously, he was finance chief at Express.
  • Online real-estate investment properties lender AssetAvenue has named Peter Coleman to head finance. He formerly led the finance function at FuHu, Loyal3 Holdings, and Merriman Holdings.
  • FARO Technologies has appointed Laura Murphy to the top finance spot, effective Aug. 10. Most recently, she was vice president of finance for healthcare compliance solutions at Stericycle.
  • Construction firm Tutor Perini has said that finance chief Michael Kershaw is retiring. He will be replaced by Gary Smalley, who has served as controller at Fluor since 2008.
  • PAR Technology has chosen Michael Bartusek to head finance. He is a former CFO and corporate treasurer of Sutherland Global Services; before that, he was director of finance for North American operations at Xerox Global Services.
  • Daniel Tempesta has been promoted to the top finance spot at Nuance Communications. He takes over for Tom Beaudoin, who is leaving the company. Tempesta joined the firm in 2008 and had been chief accounting officer, senior vice president of finance, and corporate controller.
  • Key Tronic has promoted Brett Larsen to the posts of CFO and treasurer. He succeeds Ronald Klawitter, who is retiring. Larsen has been vice president of finance and controller at the electronic manufacturing services provider since 2010.
  • Masonry-services company Penhall has selected Lynn Schrier-Behler as its next finance chief, replacing the departing Bruce Lux. Previously, she was managing director at Laurel Management & Consulting Services.
  • Gary Gillette has been named to the top finance spot at Select Energy Services. Formerly, he led the finance function at Allied Oil and Gas Services.
  • Tony Tripeny has been promoted to finance chief at Corning, effective Sept. 1. As CFO he takes over for vice chairman and CFO James Flaws, who will resign as CFO on Aug. 31 and will retire from the company in November. Tripeny, who has been at Corning since 1985, has been corporate controller since 2005 and principal accounting officer since 2009.
  • Celanese has appointed Chris Jensen to the top finance spot. Jensen joined the company in 2005 and had been interim CFO since May of last year.
  • Retail Properties of America has appointed Heath Fear CFO and treasurer, effective Aug. 17. He will join the company from General Growth Properties, where he is now senior vice president, head of capital markets.
  • Technology provider Intralinks Holdings has chosen Chris Lafond to head finance, replacing Derek Irwin. Previously, Lafond was finance chief at Gartner.
  • Business-surplus marketplace Liquidity Services has chosen Jorge Celaya as its next finance chief, effective Aug. 10. He will take over for Jim Rallo, who will become president of the firm’s retail supply-chain group. A co-founder of investment company Avanz Capital, Celaya also previously led the finance function at FTI Consulting.
  • Marin Software has named Catriona Fallon to fill the top finance spot. Most recently, she was chief of staff for the CFO of Cognizant Technology Solutions.
  • D. Michael Parker, who has been CFO, secretary and treasurer of Kewaunee Scientific for the past 20 years, intends to retire by year-end. The company plans to undertake a search for his successor.
  • The Institute of Internal Auditors has selected Ann Cohen to lead the finance function, effective Aug. 31, replacing David Polansky. Cohen is now head of finance at Woodfield Country Club in Boca Raton and is a former CFO of Bainbridge.
  • Software and cloud-services provider Interactive Intelligence Group has named Ashley Vukovits to the posts of CFO, secretary and treasurer, effective Aug. 1. As CFO, she succeeds Stephen Head, who is retiring. Vukovits has been at the firm since 2003, most recently as vice president of finance.
  • Joseph Ragan, who heads finance at Globe Specialty Metals, will continue in that role once the firm has merged with Grupo FerroAtlantica. The merger is expected to be finalized in the fourth quarter of this year.
  • Domino’s Pizza has promoted treasurer Jeffrey Lawrence to the top finance spot. He takes over for Michael Lawton, who is retiring. Lawrence joined the company in 2000.
  • Off-road-vehicle designer and manufacturer Polaris Industries has named Michael Speetzen CFO and executive vice president, finance, effective Aug. 3. He succeeds Mike Malone, who is retiring. Speetzen has headed finance at Xylem since 2011.
  • Centrus Energy has promoted Stephen Greene to the posts of CFO and treasurer, effective July 24. He replaces John Barpoulis, who is leaving the firm. Greene has been treasurer and vice president, finance, since 2007.
  • Retailer Conn’s has selected Thomas Moran to lead the finance function, effective July 27. He takes over for interim CFO Mark Haley, who will stay on as chief accounting officer. Most recently, Moran held the top finance spot at West Marine.
  • Steven Noreika has been promoted to finance chief at Fifth Street Finance and Fifth Street Senior Floating Rate, succeeding the departing Richard Petrocelli. Noreika had been chief accounting officer of Fifth Street Asset Management.
  • Cloud-management platform provider CliQr has named Aidan Cullen to head finance. A former CFO of Gigamon, most recently he was a consulting CFO at Kranz & Associates.
  • Raymond Cook has been named to lead the finance function at AeroVironment, which designs and produces unmanned aircraft systems. He replaces Teresa Covington, who has been interim CFO since February and will stay on as vice president, finance. Most recently, Cook was finance chief at Silicon Image.
  • Atlas Holdings has promoted Cheri Reeve to the top finance spot. She has been at the company since 2010 and previously was vice president of finance.
  • Dennis Loughran has been named finance chief of Synalloy. He succeeds Richard Sieradzki, who will become chief accounting officer. Loughran is a former CFO of Rogers Corp. and of Citadel Plastics.
  • Defense contractor Vencore has appointed Jennifer Felix to head finance, effective July 20. Most recently, she held the top finance spot at Sotera Defense Solutions.
  • Paulo Basilio will become finance chief of The Kraft Heinz Co. once the merger between the two firms is complete. He has headed finance at Heinz since joining the company in 2013. James Kehoe, CFO of Kraft, will leave the combined firm.
  • PepsiCo has named CFO Hugh Johnston to the additional role of vice chairman. He has been at the company since 1987 and was appointed to the top finance spot in 2010.
  • Jeffrey Davis has been selected to serve as finance chief of Darden Restaurants, effective July 16. He takes over for Brad Richmond, who is leaving the company after 32 years. Previously, Davis was CFO of the Walmart U.S. division of Walmart Stores.
  • Brokerage Convergex Group has appointed Frederick Arnold to lead the finance function. A former CFO of Capmark Financial Group, he is now a director of Lehman Brothers Holdings and of Corporate Capital Trust.
  • Layne Christensen has named J. Michael Anderson to the top finance spot, replacing Andrew Atchison, who has been interim CFO at the water management, drilling and construction firm since August of last year. Most recently, Anderson headed finance at Southcross Energy Partners, a role he had held since 2012.
  • Apparel retailer Express has promoted Perry Pericleous to CFO and treasurer. He replaces Paul Dascoli, who has left the company. Pericleous, who has been at Express for 15 years, had been vice president, finance.
  • Sterling Construction has appointed Kevan Blair interim CFO. Blair, who had been senior vice president, corporate finance, takes over for Thomas Wright.
  • Chad Cohen has resigned from the top finance spot at Zillow Group, effective Aug. 7. A search is under way for his successor.
  • Plastic-film manufacturer Tredegar has said that CFO and treasurer Kevin O’Leary has resigned. D. Andrew Edwards, who held those posts from 2003 until 2009, will replace him, effective at the end of the month.
  • Jeffrey Pritchett has been named to lead the finance function at marketing-execution company InnerWorkings, effective in August. He comes to the firm from Cerberus Operating and Advisory, where he has been senior operating executive since 2013 and head of the finance/CFO practice since earlier this year. Interim CFO Ryan Spohn will return to his role as controller after InnerWorkings files its second-quarter reports.

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