CFO Moves this week include:
| AbbVie Inc. | Segment | Twilio |
| Breather | Harvard Bioscience, Inc. | Wag! |
| SE Solutions | Hero Digital | Great Western Oil and Gas |
| Gibson Brands, Inc. | Cadence Aerospace | Zipwhip |
| TimePayment | Relatient | MidAtlantic Farm Credit |
Loot Crate |
AIT Therapeutics, Inc. | Iconix Brand Group, Inc. |
| Bryn Mawr Bank Corporation | Tunnell Consulting | SolarWindow Technologies, Inc. |
| PowerReviews | Blackhawk Bancorp, Inc. | Medical Group Management Association (MGMA) |
| Kadmon Holdings, Inc. | Amazing Energy Oil and Gas Co. | MeiraGTx Holdings |
| Hospitality Properties Trust | Government Properties Income Trust | Select Income REIT |
| RMR Real Estate Income Fund |
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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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AbbVie [North Chicago, Illinois] announced that William J. Chase, Executive Vice President, Chief Financial Officer, informed AbbVie that he plans to retire from the company in mid-2019. Effective October 19, 2018, Mr. Chase has been appointed Executive Vice President, Finance and Administration, and Robert A. Michael has been appointed Senior Vice President, Chief Financial Officer. Mr. Michael has been AbbVie’s Vice President, Controller, since March 1, 2017 and served as AbbVie’s Vice President, Treasurer from 2015 to 2016, and as Vice President, Controller, Commercial Operations from 2013 to 2015. He joined Abbott Laboratories in 1993 and held numerous positions in the finance organization.
Sandra Smith
Segment [SAN FRANCISCO] announced that Sandra Smith has joined the company as Chief Financial Officer. Smith joins Segment from Twilio, where she served as VP of Financial Planning and Analysis (FP&A) for five years. Prior to Twilio, Smith spent a decade with Akamai Technologies, where she served as CFO of the Emerging Cloud Business Unit and held key roles in finance. She also led Akamai’s investor relations program.
Khozema Shipchandler
Twilio [SAN FRANCISCO] (NYSE: TWLO) announced that Khozema Shipchandler will join as the company’s chief financial officer, effective Nov. 12, 2018. Shipchandler most recently served as GE Digital’s chief commercial officer. Khozema previously served in a variety of positions within GE, including as the chief financial officer and EVP of corporate development at GE Digital and the vice president of corporate audit staff of GE.
Breather [NEW YORK] announced the appointment of Mark Frackt as Interim Chief Financial Officer. Previously he was inaugural CFO at BuzzFeed.
Harvard Bioscience, Inc. [HOLLISTON, Mass.] (NASDAQ: HBIO) appointed Kam Unninayar as Chief Financial Officer (CFO), effective November 26, 2018. Most recently, she was CFO at Tetraphase Inc. Ms. Unninayar spent more than eleven years at Thermo Fisher Scientific across multiple roles leading financial operations, corporate financial planning and analysis, finance for business strategy, and acquisitions and integrations. During her tenure there, she was Vice President Finance for the Customer Channels group, Laboratory Products and Services segment, and other businesses. Ms. Unninayar replaces Robert E. Gagnon, who resigned the position of Chief Financial Officer effective August 31, 2018.
Wag! [LOS ANGELES] has named Celia Poon as chief financial officer. Most recently, she served as CFO of Highfive and has also held senior financial leadership roles at Twitter, Yahoo! and Zynga.
SE Solutions [MCLEAN, Va.] announced that Tom Stepka has been named Chief Financial Officer. Previously, Stepka held leadership roles at Cognosante, ACS/Xerox, Integic, CACI and Unisys.
Nick Gerostathos
Hero Digital [SAN FRANCISCO] announced the appointment of Nick Gerostathos as its new chief financial officer. Prior to joining Hero Digital, Gerostathos held several key executive positions with companies including PwC, Anheuser-Busch InBev, MasterCard and Revlon, UpWind Solutions and Genesys.
Great Western Oil and Gas [DENVER] has named Brady Parish as chief financial officer. Prior to joining Great Western Oil and Gas, Parish was senior managing director and head of U.S. oil and gas investment banking for Texas-based Macquarie Capital.
Gibson Brands, Inc. [NASHVILLE, Tenn.] announced Kim Mattoon as CFO (chief financial officer). The appointment is effective November 1, 2018. joins Gibson with nearly 25 years of experience, most recently as the chief operating officer of Richemont North America. Prior to Richemont, Kim served as CFO at IWC Schaffhausen and Peter Millar – both Richemont portfolio companies – and as Vice President – Finance, Real Estate, and IT at The Body Shop. She began her career and spent 10 years at PricewaterhouseCoopers.
Joyce Pae
Cadence Aerospace [ANAHEIM, Calif.] announced the appointment of Joyce Pae as Chief Financial Officer (CFO) of Cadence Aerospace. Ms. Pae has served as Interim Chief Financial Officer of Cadence Aerospace since September 10, 2018. She succeeds Don DeVore, who retired from Cadence Aerospace earlier this year. She joined the Cadence Aerospace Corporate Headquarters team as Vice President, Finance, in 2013. Ms. Pae came to Cadence Aerospace from Synchronous Aerospace, where she served as the Vice President of Finance. Prior to that, Ms. Pae held positions of increasing responsibility at Baxter International, PharMedium Healthcare Corporation and DLC, Inc.
Zipwhip [SEATTLE] announced the appointment of Bob Chamberlain as Chief Financial Officer (CFO). Chamberlain served as CFO at Big Fish and PopCap Games.
TimePayment [BURLINGTON, MASS.] announced that Robert K. Moskovitz has joined the company as its Chief Financial and Administrative Officer. For the past 14 years, Mr. Moskovitz was the Chief Financial Officer at LEAF Commercial Capital, until its acquisition by People’s United Bank.
Relatient [FRANKLIN, Tenn.] announced the appointment of Patrick Block as Chief Financial Officer, effective Oct 1, 2018. Block joins Relatient from LeanKit, where he served as Vice President of Finance. Previously, Block was Vice President of Finance at Emma for nine years, a SaaS marketing technology provider recently acquired by Insight Venture Partners.
Brian Rosati
MidAtlantic Farm Credit [WESTMINSTER, MD] announced Brian Rosati as their new Chief Financial Officer. Prior to joining Farm Credit, Rosati served as the Vice President of Finance with Videology for four years. He was also the Director of Finance with Micros Systems, and spent time in public accounting with both Ernst & Young and Arthur Andersen.
Loot Crate [LOS ANGELES] announced the hiring of Rob Leff, former Chief Financial Officer and SVP for Fandango, as its Chief Financial Officer. Leff joins Loot Crate from Fandango, where he has been a significant member of the team for over 10 years and its CFO since 2011. Prior to Fandango, Leff was formerly the 1st vice president of corporate financial planning at Countrywide Financial Corp, which was purchased by Bank of America in 2009.
AIT Therapeutics, Inc. [GARDEN CITY, N.Y., and REHOVOT, Israel] (OTCQB: AITB) announced the appointment of Douglas J. Beck as its Chief Financial Officer effective as of November 1, 2018. Beck most recently served as Chief Financial Officer at JLM Couture, Inc. Prior to JLM Couture, Inc., Mr. Beck was Chief Financial Officer of Relmada Therapeutics, Inc. Mr. Beck also served as Chief Financial Officer for iBio, Inc., and Lev Pharmaceuticals, Inc.
Iconix Brand Group, Inc. [New York] announced that David K. Jones, the Chief Financial Officer notified the Company of his intention to resign in order to pursue another business opportunity. Jeffrey Wood, the Company’s current Senior Vice President of Accounting, Tax and Treasurer, has been appointed Interim Chief Financial Officer. Mr. Wood has been an employee of the Company since December 2015 and has been its Senior Vice President of Accounting, Tax and Treasurer since June 2018. From October 2012 to December 2015, Mr. Wood was the Vice President of Tax and Treasurer of The Children’s Place, Inc. Mr. Wood is a graduate of Seton Hall University.
Marc Jenkins
Bryn Mawr Bank Corporation [BRYN MAWR, Pa.] (NASDAQ: BMTC) parent of The Bryn Mawr Trust Company (”BMT”), announced that Marc Jenkins has been appointed Senior Vice President and Chief Financial Officer of the Wealth Management division. Marc joins BMT from Wells Fargo, where he worked since 2003 and advanced through various roles, including Senior Vice President and Regional Investment Manager, Regional Finance Manager, and Regional Chief Financial Officer. His other previous work includes time at Ernst & Young, LLP; Arthur Anderson, LLP; and JP Morgan & Co., Inc.
Tunnell Consulting [KING OF PRUSSIA, PA.] announced the promotion of Larry Frattura to the position of Chief Financial Officer. Prior to joining Tunnell in 2016 as Controller, Frattura served as Controller/CFO at Marcum LLP, CFO at Magellan Search and Staffing, and VP of Finance at Yoh Services LLC, a Day and Zimmerman Company.
SolarWindow Technologies, Inc. [SCOTTSDALE, Ariz.] (OTC: WNDW) announced the appointment of its Chief Financial Officer, Steve Yan-Klassen, who brings more than 20 years of public company experience.
PowerReviews [CHICAGO] announced that the company has hired Jillian Sheehan as Chief Financial Officer. Most notably, Sheehan spent 10 years at Textura Corporation as Senior Vice President and Chief Financial Officer, and later led the sale to Oracle Corporation in 2016. Most recently, Sheehan served as Chief Financial Officer at Aquilon Energy Services.
Blackhawk Bancorp, Inc. [ELOIT, WI] (OTCQX: BHWB) announced that Mary King McGovern has been named Senior Vice President and Chief Financial Officer of Blackhawk Bancorp, Inc. and its wholly owned subsidiary, Blackhawk Bank. Mary has held the chief financial officer position at multiple community banking organizations and has also served as the chief financial officer of a wholly owned subsidiary of a larger regional bank. Her appointment fills the position most recently held by Todd James, who was recently named as the President & CEO of Blackhawk Bancorp, Inc.
Akash Madiah
Medical Group Management Association (MGMA) [ENGLEWOOD, Colo.] welcomed Akash Madiah as the organization’s new Chief Financial Officer. Madiah joins MGMA from DaVita Medical Group where he served as market CFO for the Colorado Springs region. Before joining Davita Medical Group, Madiah served in financial leadership roles at a variety of organizations, including Vail Resorts, KPMG LLP and Zolfo Cooper.
Kadmon Holdings, Inc. [NEW YORK] (NYSE: KDMN) announced that Konstantin Poukalov has notified the company of his intent to step down as Executive Vice President, Chief Financial Officer (CFO) and Principal Accounting Officer (PAO). Kyle Carver, the Company’s Controller, has been appointed PAO and will report directly to the Company’s President and Chief Executive Officer (CEO).
Amazing Energy Oil and Gas Co. [PLANO, TX] (OTCQX: AMAZ) announced that it has appointed Marty Dobbins as the Company’s new Chief Financial Officer. Simultaneous with running his CPA firm for 25 years, Mr. Dobbins also served as President and CEO of K&W Resources, Inc., an oil and gas operator, Managing General Partner of Cafe Adobe Restaurants and Vice-President and CFO of Guardian Fire Protection Co., Inc.. From 2007 to 2014, Mr. Dobbins simultaneously served as President of Franskill, Inc., and as the Chief Global Investment Analyst for Motorskill Venture Group, LLC, the parent company of Franskill. For the past four years, Mr. Dobbins has been the President and CEO of InFocus Venture Group, LLC.
MeiraGTx Holdings plc [LONDON and NEW YORK] (NASDAQ: MGTX) announced that the appointment of Katherine Breedis as chief financial officer. Prior to joining MeiraGTx, Ms. Breedis was a managing director, equity research, and senior analyst for biotechnology and major pharmaceuticals with Stifel Nicolaus & Company. Prior to joining Stifel Nicolaus & Company in 2015, Ms. Breedis worked for several years in the pharmaceuticals industry. At Pfizer Inc., she served as senior director, corporate strategy. Before that, she was senior director, global external research and development, at Eli Lilly & Company. Earlier in her career, she held a number of positions in the financial industry, including first vice president/healthcare equity analyst at Schroder Investment Management North America; principal and founder of Teewinot Capital Investors, LLC; and vice president, global investment research, and senior analyst, specialty pharmaceuticals at Goldman Sachs & Co. Before that, she held positions at Citigroup Asset Management, General Electric Capital Corporation, Creditanstalt-Bankverein, Dillon, Read & Co. and Citibank, N.A.
Hospitality Properties Trust [NEWTON, Mass.] (NASDAQ: HPT) announced that Brian E. Donley has been appointed as Chief Financial Officer and Treasurer, effective January 1, 2019. Mr. Donley has been HPT’s controller since 2007 and he has served in various finance and accounting leadership roles at The RMR Group (Nasdaq: RMR) since 1997. Mr. Donley succeeds Mark L. Kleifges who is retiring and therefore resigning from his positions with both HPT and RMR effective December 31, 2018. Mr. Kleifges has been with both HPT and RMR since 2002. Mr. Donley has also been recently appointed as Chief Financial Officer and Treasurer of the RMR Real Estate Income Fund (NYSE American: RIF).
Government Properties Income Trust [NEWTON, Mass.] (NASDAQ: GOV) announced that Jeffrey C. Leer has been appointed as Chief Financial Officer and Treasurer, effective January 1, 2019. Mr. Leer was recently promoted to Senior Vice President of RMR and has been with RMR for over five years in various accounting leadership functions. Prior to joining RMR, Mr. Leer held accounting and finance positions at several Fortune 500 companies as well as practiced for several years in public accounting. Leer succeeds Mark L. Kleifges who is retiring and therefore resigning from his positions at both GOV and RMR effective December 31, 2018. Mr. Kleifges has been with GOV since 2010, and he has been with RMR since 2002. To ensure a smooth transition
Select Income REIT [NEWTON, Mass.] (NASDAQ: SIR) announced that Jeffrey C. Leer has been appointed as Chief Financial Officer and Treasurer, effective December 1, 2018. Mr. Leer was recently promoted to Senior Vice President of RMR and he is currently responsible for the day to day oversight of the accounting and finance support functions of RMR and various affiliates. Mr. Leer has been with The RMR Group (Nasdaq: RMR) for over five years in various accounting leadership functions. Prior to joining RMR, Mr. Leer held accounting and finance positions at several Fortune 500 companies as well as practiced for several years in public accounting. Leer succeeds John C. Popeo, who is retiring and therefore resigning from his positions with both SIR and RMR, effective November 30, 2018. Leer has also been recently appointed as Chief Financial Officer and Treasurer of Government Properties Income Trust (Nasdaq: GOV).
RMR Real Estate Income Fund [NEWTON, Mass.] (NYSE American: RIF) announced that Brian E. Donley has been appointed Chief Financial Officer and Treasurer, both effective January 1, 2019. Mr. Donley has served in various finance and accounting leadership roles at RMR since 1997. Mr. Donley is also a certified public accountant. Mr. Donley has also been recently appointed as Chief Financial Officer and Treasurer of Hospitality Properties Trust (Nasdaq: HPT).