CFO Moves – week ending December 25, 2015

CFO Moves this week include:

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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.

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Under Armour (NYSE: UA) [BALTIMORE] announced Chip Molloy as its new Chief Financial Officer, replacing Brad Dickerson. Mr. Molloy served as EVP and CFO for PetSmart from 2007 until 2013, where in 2011 he was named Institutional Investor’s CFO of the Year for Specialty Retail. Most recently he served as a Senior Advisor for Atlanta-based private equity firm Roark Capital Group since October 2014 and has served on a number of public company boards of directors.

Kelly Services (NASDAQ: KELYA, KELYB) [TROY, MI] announced the appointment of Olivier Thirot as senior vice president and chief financial officer. Mr. Thirot managed several key finance functions at Bacardi Ltd. and L. Raphael, where he served as chief financial officer. Prior to being named acting CFO of Kelly Services, he was senior vice president, corporate controller and chief accounting officer, responsible for the finance functions in Kelly’s EMEA and APAC regions. He joined the Company in 2008.

KaloBios Pharmaceuticals, Inc. [South San Francisco, CA] confirmed that Christopher Thorn, the Company’s Interim Chief Financial Officer announced his resignation. The Company is conducting a nationwide search to fill the CFO position.

The Boston Beer Company, Inc. (NYSE: SAM) [BOSTON, MA] announced that Frank H. Smalla will be joining the Company as Senior Vice President, Finance, replacing William F. Urich. Before joining the company, Mr. Smalla had been Senior Vice President, Finance for Kraft Food Groups, Inc. of Northfield, Illinois since 2012. Prior to that, Mr. Smalla held a number of senior financial positions at Kraft from 1995-2012, including as Vice President of Finance from 2010-2012.

Pharm-Olam International Ltd. [HOUSTON] announced the promotion of Natalie Gassen to the position of Chief Financial Officer. Natalie started with Pharm-Olam as the Director of Global Finance and Accounting. Prior to coming to Pharm-Olam, Natalie was the Chief Financial Officer for ApoCell Inc.

Ameriflight, LLC [DALLAS] announced the appointment of David W. Moore as Chief Financial Officer replacing David DeRose. Mr. Moore comes to Ameriflight from Loomis US, where over the past seven years he has held various District and Regional Controller positions. Prior to Loomis, David was CFO of Alliance Systems, LTD. where he served as Vice President of Finance and Controller.

Innovatient Solutions, Inc. [HARTFORD, Conn.] has named Henry Schaffer as chief financial officer. Schaffer was recently executive vice president and CFO for InSite One, Inc. Before that, as a director with Oracle Corporation. He has also served as CFO of OutlookSoft, FitLinxx, The Custom Foot, Exxon and Compaq Computer Corporation.

TierPoint [ST. LOUIS] announced that Mary Meduski was promoted to President and Chief Financial Officer. Most recently, Meduski was Executive Vice President and Chief Financial Officer of Suddenlink Communications, recently acquired by the Altice Group. Prior to that she worked at AAT Communications, starting in 2003.

Signostics [KIRKLAND, Wash] announced the appointment of Jeffrey Markwood to the position of Chief Financial Officer (CFO) and Vice President of Administration. In 2009 Mr. Markwood became the Senior Director of Corporate Planning & Finance at Sonosite. Prior to SonoSite, Mr. Markwood spent 9 years at AT&T Wireless as Director of Financial Planning & Development. Mr. Markwood later joined Cyrk, where he spent five years as Controller overseeing the company’s international operations.

Benefitfocus, Inc. (NASDAQ: BNFT) [Charleston, S.C.] announced that Milt Alpern, its Chief Financial Officer, retiring. Mr. Alpern joined Benefitfocus in 2012 from ITA Software, Inc. where he managed the successful sale of the company to Google in 2011.

Scientific Drilling International [HOUSTON] announced Dana Armstrong as Senior Vice President and Chief Financial Officer. Prior to SDI, Dana was employed at Ion Geophysical Corporation since 2007, most recently serving as VP & Global Treasurer. From 1998 until 2007, Dana was employed with Thermo Fisher Scientific, holding a variety of key senior financial positions.