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CFO Moves – week ending October 19, 2018

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CFO Moves this week include:

The Coca-Cola Company Spirit Airlines, Inc. CBS Corporation
Showtime Networks Inc. RLH Corporation ServiceSource
Bechtel Roll-Kraft AMERI Holdings, Inc.
MineralTree Ruffalo Noel Levitz Trans World Entertainment Corporation
Hamilton Beach Brands Holding Company WageWorks, Inc. JELD-WEN Holding, Inc.
Chef TurboTenant Apttus
Entertainment Studios, Inc. Ryan Orion Group Holdings, Inc.
YES! Communities BorgWarner Zosano Pharma Corporation
Idilus HR

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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John Murphy

The Coca-Cola Company [ATLANTA] announced a succession plan for the chief financial officer. John Murphy, who currently serves as president of the company’s Asia Pacific group, will become senior vice president and deputy CFO on Jan. 1, 2019. He will be elevated to executive vice president and CFO on March 16, 2019, following the retirement of Kathy Waller. Waller assumed the role of CFO in 2014. Murphy took his current role as head of the Asia Pacific group in 2016. He is also responsible for the company’s Bottling Investments Group. He has worked in the Coca-Cola system since 1988 and has served in a number of senior finance, strategy and operations roles around the world.

Spirit Airlines, Inc. [MIRAMAR, Fla.] (NYSE: SAVE) announced that it has promoted Scott M. Haralson to the position of Senior Vice President and Chief Financial Officer (CFO).  Haralson has over 18 years of airline experience and most recently served as Spirit’s Vice President of Financial Planning and Analysis and Corporate Real Estate.  Haralson succeeds Edward (Ted) Morgan Christie as CFO.  Christie was promoted to President earlier this year and will become Spirit’s Chief Executive Officer on January 1, 2019.  Haralson joined Spirit in 2012 as its Vice President Financial Planning and Analysis.  He began his professional career in corporate banking working primarily on structured finance deals.  Haralson began his airline career at America West Airlines (and what would become US Airways) where he served in a variety of roles of increasing responsibility. He has also held financial management positions with Frontier Airlines, Swift Aviation, and Dish Network.

Christina Spade

CBS Corporation [NEW YORK] (NYSE: CBS.A and CBS) announced that Christina Spade has been appointed to the position of Executive Vice President and Chief Financial Officer. Spade has served as Executive Vice President, Chief Financial Officer and Strategy for Showtime Networks Inc. (SNI) since February 2013. Previously, she was Senior Vice President, Affiliate Finance and Business Operations for Showtime Networks Inc. Spade has worked in different capacities at Showtime Networks during her over 22 years with the Company, including programming finance leadership and as a key steward of the successful implementation of various financial, operational and reporting systems. Prior to joining Showtime Networks, Spade was an audit manager with PricewaterhouseCoopers in the Entertainment, Media and Communications practice.

Adam Townsend

Showtime Networks Inc. [NEW YORK] announced that Adam Townsend has been named to the position of Executive Vice President and Chief Financial Officer. Townsend will be replacing Christina Spade, who now serves as Executive Vice President and Chief Financial Officer, CBS Corporation. Townsend joined CBS in July 2008 as Executive Vice President, Investor Relations. In January 2016, he was promoted to Executive Vice President, Corporate Finance and Investor Relations, CBS Corporation. Before joining CBS, Townsend served as Managing Director of Investor Relations and Corporate Strategy for the E*TRADE Financial Corporation. Townsend was a Vice President in Equity Research at Hambrecht & Quist and JP Morgan from 1999-2002 in the firm’s Financial Institutions Group. Prior to JP Morgan, Townsend held various positions at Franklin Templeton Investments.

RLH Corporation [DENVER] (NYSE: RLH) announced that its Chief Financial Officer, Douglas L. Ludwig, has tendered his resignation due to personal health reasons.  The Company’s Chief Accounting Officer, Nate Troup, will serve as Principal Financial Officer while the Company in the interim.

ServiceSource [DENVER] (NASDAQ: SREV) announced that Richard G. Walker, currently a member of the Company’s Board of Directors and an experienced financial executive, has been appointed Chief Financial Officer, effective November 12, 2018. His appointment follows Robert N. Pinkerton’s decision to accept an opportunity outside of ServiceSource. Mr. Walker will remain a member of the Company’s Board. Walker has served as a member of the ServiceSource board of directors since October 2017. In October 2016, he founded The Bison Group, LLC. Prior to founding The Bison Group, Mr. Walker was Executive Vice President – Strategy and Corporate Development for Ascent Capital Group, Inc. From December 2013 to December 2016, he served as a Director and Chairman of the Board of Trusted Media Brands, Inc. (formerly known as Readers Digest Association). Previous to Ascent, from 2006 to February 2014, Mr. Walker served as a core member of the executive leadership team at IHS (now IHS Markit Ltd.), including in roles as Executive Vice President and Chief Financial Officer and then as Executive Vice President of Global Finance.

Catherine Hunt Ryan

Bechtel [RESTON, Va.] appointed Catherine Hunt Ryan has been appointed chief financial officer. Hunt Ryan succeeded Peter Dawson, who was chief financial officer for 14 years. Dawson will become a non-executive director on the BGI board on January 1, 2019. Hunt Ryan was with Bechtel for 11 years and, previously, in project finance at the World Bank and other organizations. Prior to assuming her new role, Hunt Ryan was the chief financial officer of Bechtel’s Oil, Gas & Chemicals business unit.

Roll-Kraft [MENTOR, OHIO] announced the appointment of Ken Fruscella to the position of Chief Financial Officer. Fruscella replaces the recently retired Chief Financial Officer, Rich Lazar, who retired after more than 30 years of service. Fruscella has held previous positions as Chief Financial Officer with Soundwich and Horsburgh & Scott.

AMERI Holdings, Inc. [ATLANTA] (NASDAQ: AMRH) announced the appointment of Barry Kostiner as its Chief Financial Officer. Kostiner succeeds Viraj Patel, who will remain with the Company through December 15, 2018. Most recently, Mr. Kostiner was an advisor on capital markets and business development matters to LinKay Technologies and an advisor on data analytics and mergers and acquisitions strategy for a national skilled nursing facilities company.

Chris Sands

MineralTree [BOSTON] announced the appointment of Chris Sands as Chief Financial Officer (CFO). Sands has a diverse background in a number of finance and related functions – from Treasury and FP&A to Investor Relations and Investment Banking at leading firms including PwC, Barclays, and J.P. Morgan. Most recently, Sands held senior leadership roles at EnerNOC and Thermo Fisher Scientific.

Ruffalo Noel Levitz [CEDAR RAPIDS, IOWA] announced that Mike Evans will join the firm as chief financial officer. Evans comes to RNL from Renaissance. Previously, he was senior vice president and general manager of Pearson’s K-12 reading and math business lines.

Trans World Entertainment Corporation [ALBANY, N.Y.] (NASDAQ: TWMC) announced that its Chief Financial Officer, John Anderson, died on October 10, 2018.

Michelle Mosier

Hamilton Beach Brands Holding Company [GLEN ALLEN, Va.] (NYSE: HBB) announced that Michelle Mosier will join the Company on October 29, 2018 and, effective January 1, 2019, will succeed James H. Taylor as Vice President, Chief Financial Officer and Treasurer. Ms. Mosier most recently served as Chief Financial Officer for United Sporting Companies. Prior to that, she was Controller for Reynolds Group Holdings, Limited, and before that was Chief Financial Officer for Reynolds Consumer Products.  Ms. Mosier also previously served as Vice President and Controller for Circuit City Stores, Inc., and as Corporate Controller for Tredegar Corporation. She began her career with PricewaterhouseCoopers and served as a partner.

WageWorks, Inc. [San Mateo, California] appointed Ismail (Izzy) Dawood as the Chief Financial Officer (“CFO”) of the Company. Mr. Dawood has served as the Interim Chief Financial Officer (“Interim CFO”) and principal financial officer of the Company since April 9, 2018. Prior to his service as the Interim CFO of the Company, Mr. Dawood served as the Chief Financial Officer of Santander Consumer USA Holdings Inc. from December 16, 2015 to September 29, 2017. Prior to joining Santander Consumer USA Holdings Inc., Mr. Dawood served as Executive Vice President and Chief Financial Officer of the Investment Services division of The Bank of New York Mellon Corporation (BNY Mellon) beginning in April 2013; he served as Executive Vice President and Director of Investor Relations and Financial Planning and Analysis of BNY Mellon from June 2009 to March 2013 and as Senior Vice President and Global Head of Corporate Development and Strategy of BNY Mellon from November 2006 to May 2009. Prior to his tenure at BNY Mellon, he also served in various senior roles at Wachovia Corporation, where he was employed from 1994 to 2006, including Managing Director of Structured Treasury Activities and Managing Director of Corporate Development. He serves as a Member of the Advisory Board of Promontory Interfinancial Network, LLC.

JELD-WEN Holding, Inc. [CHARLOTTE, N.C.] (NYSE: JELD) announced that John Linker has been promoted to executive vice president and chief financial officer (CFO) effective November 8, 2018, replacing L. Brooks Mallard, who will leave the company the same day to pursue other career interests. Mr. Linker currently serves as JELD-WEN’s senior vice president, corporate development and investor relations. Mr. Linker, who joined JELD-WEN in 2012, previously served as the company’s treasurer and interim finance leader for JELD-WEN’s Europe and Australasia segments. Prior to joining JELD-WEN, Mr. Linker held leadership positions in corporate development and finance with United Technologies Corporation’s Aerospace Systems Division, and its predecessor, Goodrich Corporation.

Evan Fein

Chef [SEATTLE] announced the appointment of Evan Fein as its CFO. Fein most recently served as CFO at Impinj from 2000 to 2018. He served as general manager of operations at T-Mobile from 1995 to 2000, where he led financial planning and corporate development activities.

TurboTenant [FORT COLLINS, Colo.] announced the appointment of Andrew Evans to the TurboTenant Team as COO and CFO.

Apttus [SAN MATEO, Calif.] announced Gregg Hampton as Chief Financial Officer (CFO). Gregg brings extensive experience with enterprise organizations and rapid growth technology Hampton will step into the role of Chief Financial Officer, having served the same role at Actian and Blue Coat Systems. Prior to the CFO role, Hampton served as Vice President of Business Operations for Blue Coat. Before joining Blue Coat, he served in various roles at HP, including General Manager of Enterprise Software and Vice President of Finance. Hampton also joined HP through its acquisition of Mercury Interactive, where he served as Vice President of Internal Audit/Global Compliance and Corporate Controller.

Entertainment Studios, Inc. [LOS ANGELES] announced the appointment of Ronnie Ng as Chief Financial Officer and Head of Corporate Development. Ng has more than 17 years of experience, and comes directly to Entertainment Studios after five years at TCW Group.  At TCW, Ng was Vice President in the Fixed Income Group, where he specialized in media and technology corporate debt and bond investing. Prior to joining TCW Group, Ng was Executive Director of Media & Communications Group with UBS Investment Bank for six years. Before joining UBS Investment Bank, Ng held similar investment banking positions at Deutsche Bank Securities and Houlihan Lokey.

Ryan [DALLAS] announced that David Oldani has joined the management team as senior vice president, chief financial officer. Prior to joining Ryan, he served as senior vice president ‒ Treasurer, Investor Relations, and Financial Planning & Analysis for WhiteWave Foods. His career managing financial operations in major corporations also includes leadership positions with Dean Foods and Wells Fargo Bank.

Orion Group Holdings, Inc. [HOUSTON] (NYSE: ORN) announced that Christopher J. DeAlmeida will step down as Executive Vice President and Chief Financial Officer effective November 2, 2018 to pursue a new opportunity with a private company that is not a competitor.  As a result, the Company has named Robert L. Tabb, Orion’s Vice President of Finance, as Interim Chief Financial Officer.  Mr. Tabb has served as Orion Group Holdings Vice President Finance since November 2016. Mr. Tabb has over 12 years of public company accounting and financial management experience and has overseen the Company’s financial planning and analysis function since 2014.  Prior to his current role, Mr. Tabb served as the Company’s Director of Financial Planning and Analysis. Prior to joining Orion, Mr. Tabb held progressively responsible positions in accounting, finance, and M&A with Mattress Firm, Inc., MXenergy, Inc., and J. Richard Claywell, CPA.

YES! Communities [DENVER] announced that Julie Elkins has been promoted to Chief Financial Officer. Julie’s former role as Chief Accounting Officer began three years ago at YES! Communities in 2015.  Prior to YES! Communities Julie held various accounting and finance roles for Aimco and Chateau Communities.  Julie is a CPA and graduated from the University of Colorado. Chris Stopps, who is an original founder of YES! Communities and served as CFO since 2007, will be retiring and serving in an advisory role through December 31, 2018.

BorgWarner [AUBURN HILLS, Mich.] announced the appointment of Thomas J. McGill to the role of interim Chief Financial Officer, effective January 1, 2019.  Mr. McGill will succeed Ron Hundzinski, who will remain with the company through the end of 2018 to ensure a smooth transition of responsibilities before retiring from the company effective December 31, 2018. McGill has been with BorgWarner for more than 17 years and currently serves as the company’s Vice President and Treasurer, a corporate position he has held for the past six years.

Zosano Pharma Corporation [FREMONT, Calif.] (NASDAQ: ZSAN) announced the appointment of Greg Kitchener to the position of chief financial officer (CFO). Prior to joining Zosano, Mr. Kitchener served as CFO and executive vice president at BioPharmX Corporation. He was also previously a vice president of finance at Cepheid (acquired by Danaher Corporation) and a director of corporate planning at Synopsys, Inc.

Idilus HR [WARRENVILLE, ILL.] announced Lisa Wollersheim as their new Chief Financial Officer. Wollersheim brings over ten years of experience in business and financial management services.


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