CFO Moves – week ending December 18, 2015

CFO Moves this week include:

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

The Wendy’s Company (NASDAQ: WEN) [DUBLIN, Ohio] announced that current Executive Vice President, Chief Financial Officer Todd Penegor has been appointed CEO.

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) [STAMFORD, Conn] announced that Alan M. Schnaid, currently Senior Vice President, Corporate Controller and Principal Accounting Officer of Starwood, will be appointed Chief Financial Officer, replacing Thomas B. Mangas, who was promoted to CEO. Schnaid joined Starwood in 1994 and has been Starwood’s Senior Vice President, Corporate Controller and Principal Accounting Officer since 2005. Prior to that, Schnaid was Senior Vice President and Corporate Controller since 1998 and Vice President and Controller since 1996. Prior to joining Starwood, Schnaid held accounting positions with Mazars and Company, Kenneth Leventhal and Company and Laventhol & Horwath.

Tuesday Morning Corporation (NASDAQ: TUES) [DALLAS, TX] announced that Stacie R. Shirley will join the Company as Executive Vice President, Chief Financial Officer and Treasurer. Prior to joining Neiman Marcus Group, Ms. Shirley served in areas of increasing responsibility at CompUSA, Inc., including Vice President – Finance and Treasurer (1999-2001), Senior Director – Financial Initiatives (1998-1999), Director of Investor Relations (1996-1998), and Regional Accounting Manager (1993-1996).

Diageo [NORWALK, Conn] announced the appointment of Jakob Ripshtein as Chief Financial Officer for Diageo North America, replacing Greg Kryder. Ripshtein began his career with Diageo in 2008 as VP Finance for Canada. In 2010, he moved to London to take on a role as Global Pricing Director for several years before returning to North America as SVP of Finance for Open States. Ripshtein has been President of Diageo Canada since 2014.

Sotheby’s [NEW YORK] has named Dennis M. Weibling its Interim Chief Financial Officer. Mr. Weibling, a member of Sotheby’s Board of Directors since 2006, and the current Chair of the Board’s Audit Committee, succeeds Patrick S. McClymont, who has been Sotheby’s Chief Financial Officer since October 2013. Mr. Weibling has served as the Managing Director of Rally Capital, LLC, since 2004. He served as a board member and Chairman of Telesphere Networks Ltd from 2006 to 2014. From October 1993 to December 2001, Mr. Weibling served as President of Eagle River, Inc. and then as Vice Chairman of Eagle River Investments until November 2003. Beginning in 1995, Mr. Weibling served as a director of Nextel Partners, Inc. and Nextel Communications, Inc.

Exact Sciences Corp. (NASDAQ: EXAS) [MADISON, Wis] announced the appointment of John K. Bakewell as chief financial officer. Most recently, he was CFO at Lantheus Holdings Inc. Bakewell serves as a director of two medical technology companies, including serving as a member of the audit committee of Entellus Medical and as chairman of the audit committee at Keystone Dental.

Green Dot Corporation (NYSE: GDOT) [PASADENA, Calif.] announced that it has named Mark Shifke to the position of Chief Financial Officer. recently, Mr. Shifke served as Managing Director, M&A and Corporate Finance Advisory at J.P. Morgan. Prior to joining JP Morgan in 2007, he was a Vice President at Goldman Sachs in Principal Investing and in M&A Structuring and Advisory. Previously, he served as a Partner at Davis Polk & Wardwell LLP, a law firm and a Principal at KPMG LLP.

Jaguar Animal Health, Inc. (NASDAQ: JAGX) [SAN FRANCISCO] announced the appointment of Karen Wright as chief financial officer, replacing John Kallassy, Jaguar’s former CFO, will continue to serve the Company as chief operating officer. Karen was most recently she was the head of finance for Clene Nanomedicine. She also served as vice president of finance and corporate controller at multiple other private and public companies, including Veracyte and Intermune, which was acquired by Roche.

Iconixx [AUSTIN, Texas] announced the appointment of William J. Getchell as Chief Financial Officer.  He joins Iconixx after having spent several years as Chief Financial Officer at Motion Computing, Inc. and Phunware, Inc.

Dicerna Pharmaceuticals, Inc. (NASDAQ: DRNA) [CAMBRIDGE, Mass] announced the appointment of John “Jack” Green as interim chief financial officer (CFO). He replaces James Dentzer. Concurrently to serving as part-time, interim CFO at Dicerna, Mr. Green will continue in a part-time capacity as CFO of Verastem, Inc. (VSTM). Previously, he served for more than 15 years as CFO of GTC Biotherapeutics (formerly Genzyme Transgenics).

Scientific Games Corporation (NASDAQ: SGMS) [LAS VEGAS] announced the promotion of Michael Quartieri to Executive Vice President, Chief Financial Officer, and Secretary, succeeding Scott Schweinfurth. Michael recently served nine years with Las Vegas Sands Corp., ending his tenure as Senior Vice President, Chief Accounting Officer, and Global Controller. Previously, he had a 13-year tenure at Deloitte & Touche LLP, attaining the position of Director of Audit and Assurance Services.

5miles [DALLAS, TX] has named Garwin Chan as its chief financial officer. Chan previously was a managing director at Founder H Fund, in China. Before that, he was vice president of Bain Capital. Chan began his career as an investment professional at Sankaty Advisors.

Preston Hollow Capital [DALLAS] announced that it has hired Paige Deskin as Chief Financial Officer. Ms. Deskin replaces the retiring Mike Cousins. Before joining PHC, Ms. Deskin was Vice President – Finance with SWK Holdings Corporation (NASDAQ: SWKH). Prior to joining SWK Holdings Corporation, she was Controller of ORIX USA Corporation for eight years. Before entering the private sector, Ms. Deskin was a manager in KPMG’s audit practice.

Production Resource Group LLC [NEW YORK] announced the appointment of Ryan Schroeter as its Chief Financial Officer, replacing Scott Hansen, who had previously served as both Chief Financial Officer and Chief of Asset Strategy, will now focus on the asset side of PRG’s business. Prior to joining PRG, Schroeter was Vice President Corporate Finance at Intrepid Aviation. Before that he held the role of Assistant Treasurer at JetBlue Airways.

Senior Housing Properties Trust (NYSE: SNH) [NEWTON, Mass.] announced the appointment of Richard W. Siedel, Jr. as its Chief Financial Officer and Treasurer, replacing Richard A. Doyle, Jr. Mr. Siedel has been Chief Accounting Officer of Five Star Quality Care, Inc. (NYSE: FVE) since 2014 and previously was Controller of The RMR Group since 2013. Prior to that, Mr. Siedel held various accounting leadership positions, including Corporate Controller, at Sensata Technologies Holdings NV (NYSE: ST) from 2010 to 2013 and as an auditor at Ernst & Young LLP from 2001 to 2010.

Five Star Quality Care, Inc. (NYSE: FVE) [NEWTON, Mass] announced the appointment of Richard A. Doyle, Jr. as its Chief Financial Officer and Treasurer, replacing Paul V. Hoagland. Mr. Doyle has served as Chief Financial Officer and Treasurer of Senior Housing Properties Trust (NYSE: SNH) since 2007. He was previously the Director of Financial Reporting for Five Star beginning in 2005. Prior to that, he was employed by Sun Life Financial in positions involving finance and accounting for 10 years.

eFFECTOR Therapeutics, Inc., [SAN DIEGO] announced that Alana McNulty will be its full-time chief financial officer. Prior to eFFECTOR, Ms. McNulty served as CFO at Lumena Pharmaceuticals, acquired by Shire in 2014, and Excaliard Pharmaceuticals, acquired by Pfizer in 2011. Previously, Ms. McNulty served in a similar capacity at BrainCells and Elitra Pharmaceuticals. Before those roles, she served as General Manager of the Advanced Tissue Sciences/Smith and Nephew JV. She began her career as an Associate at Bear Stearns.

Mojix, Inc. [LOS ANGELES] announced the appointment of Carey Tokirio as Chief Financial Officer. Prior to Apriso, he worked in accounting, auditing, treasury, taxes and operations capacities at several other technology firms, including Critical Path and QAD.

Alacare Home Health & Hospice [BIRMINGHAM, Ala.] has named Corrie Hall as its new Chief Financial Officer. Hall assumes the responsibility as Gene Sykes retires after more than 20 years with Alacare. Before Hall came to Alacare in November 2014, he served as Chief Operating Officer at Kare-In-Home Health in Gulfport, Mississippi, for 10 years and worked at Hattiesburg’s South Mississippi Home Health for 27 years, ultimately becoming a Vice President in Finance.

Femasys Inc. [ATLANTA] announced the appointment of Todd A. Creech as Chief Financial Officer. Mr. Creech previously served as the Chief Financial Officer of ZS Pharma, Inc., from August 2013 until June 2015. Prior to ZS Pharma, Mr. Creech was CFO and Vice President of Business Development at SARcode Bioscience. Prior to SARcode, Mr. Creech was CFO of Sirion Therapeutics. Prior to that Mr. Creech worked with NovaQuest, the investment group within Quintiles, Inc. Prior to his work with NovaQuest, he cofounded Centice, in 2003.

CardioDx, Inc. [REDWOOD CITY, CA] announced the appointment of Timothy Henn as Chief Financial Officer of the company. Prior to joining CardioDx, he served as Chief Financial Officer of Crescendo Biosciences, which was acquired by Myriad Genetics. Henn has also worked in senior finance positions in leading clinical diagnostic and life science companies, including Monogram Biosciences and Incyte Corporation.

Third Avenue Management LLC [NEW YORK] has named Vincent Dugan as Chief Financial Officer and Chief Operating Officer.

PLUMgrid [SANTA CLARA, CA] announced Marty Bradford as it’s new chief financial officer. Most recently, Bradford served as CFO at Quorum. Previously, Marty was CFO at InMage Systems (acquired by Microsoft) and SeeCommerce (acquired by NCR/Teradata).

Ramco-Gershenson Properties Trust (NYSE: RPT) [FARMINGTON HILLS] announced the appointment of Geoffrey Bedrosian as Chief Financial Officer. Mr. Bedrosian joins Ramco-Gershenson following a successful 20-year career in real estate investment banking, most recently as Managing Director of Global Real Estate and Investment Banking at Deutsche Bank Securities, Inc.

Yuma Energy, Inc. (NYSE MKT: YUMA) [HOUSTON, TX] announced the appointment of James J. Jacobs as Chief Financial Officer, replacing Kirk F. Sprunger. Mr. Jacobs served as Yuma’s Vice President – Corporate and Business Development immediately prior to his appointment as Chief Financial Officer and has been with the Company since 2013. He served as the Chief Financial Officer of Houston America Energy Corp. for seven years prior to joining Yuma in 2013. In 2001, Mr. Jacobs worked as an Energy Analyst at Duke Capital Partners. In 2003, Mr. Jacobs worked as a Vice President of Energy Investment Banking at Sanders Morris Harris. From 2006 through 2013, Mr. Jacobs was the Chief Financial Officer, Treasurer and Secretary at Houston America Energy Corp.

Shiloh Industries (NASDAQ: SHLO) [PLYMOUTH, Mich.] announced that W. Jay Potter has joined the company in the newly created position of senior vice president, chief financial officer. Potter brings over 30 years of financial leadership in complex manufacturing and service businesses.

The Boston Beer Company, Inc. (NYSE: SAM) [Boston, Massachusetts] announced that Frank H. Smalla will be assuming the position of Chief Financial Officer when current Chief Financial Officer William F. Urich steps down from the role in 2016. Mr. Smalla previously worked in various senior financial roles for Kraft Food Groups, Inc. of Northfield, Illinois from 1995 through 2015, most recently as Senior Vice President, Finance of U.S. Business Units, U.S. Sales, Integrated Supply Chain, RDQ and Marketing Services. He held the positions of Senior Vice President of Finance from 2012-2015 and Vice President of Finance from 2010-2012.

Cardtronics Inc. (NASDAQ: CATM) [HOUSTON] announced that Edward H. West will join the Cardtronics team as chief financial officer, succeeding Chris Brewster. West held the role of chief financial officer at three companies – Delta Air Lines, Internet Capital Group and Education Management Corporation. West most recently served as CEO of Education Management. West joined Education Management in 2006 as chief financial officer and became CEO in 2012. Prior to his time there, West joined Internet Capital Group as chief financial officer in 2000. In 2002, West transitioned to Internet Capital Group’s largest subsidiary, ICG Commerce, where he served as chief executive officer until 2006. He also served as chief financial officer at Delta Air Lines from 1999 to 2000, after having joined the company in 1994. West began his career in financial services at SunTrust.

Bit9 + Carbon Black [WALTHAM, Mass] announced the appointment of Mark Sullivan as executive vice president and chief financial officer. Most recently, Sullivan was executive vice president and CFO of AspenTech. Sullivan has more than 25 years of financial management and executive leadership experience, including 14 years with Fidelity Investments, where his positions included executive vice president and CFO for Fidelity Employer Services Compan. Sullivan’s prior positions include chief operating officer for Westerbeke Corporation, consulting manager at Coopers & Lybrand, and financial leadership roles with Analog Devices.

SANUWAVE Health, Inc.  [ALPHARETTA, Ga] announced that Lisa Sundstrom, has been promoted to Chief Financial Officer. Ms. Sundstrom, was formerly interim Chief Financial Officer as of July 2015. Ms. Sundstrom has over 23 years of financial and accounting experience, including the last nine years with SANUWAVE. Her previous positions include senior financial and accounting roles at ADP and Mitsubishi Consumer Electronics.