CFOs on the Move: Week Ending Sept. 26

Johnson Controls, USA Truck, Scan Health Plan, Omnicom Group, Ventas, Itron, Rowan Cos., Kadant, GlobeOne, Garden Fresh Restaurant.
Joan UrdangSeptember 26, 2014
CFOs on the Move: Week Ending Sept. 26

Johnson Controls has promoted Brian Stief to head finance. He replaces R. Bruce McDonald, who has been promoted to vice chairman at the industrial company. Stief, who has been at the firm since 2010, had been corporate controller.

Brian Stief, new CFO of Johnson Controls.

Brian Stief, new CFO of Johnson Controls. Brian Stief has been appointed executive vice president and chief financial officer of Johnson Controls.

Michael Borrows is the new CFO of USA Truck. He takes over from Clifton Beckham, who said earlier in the year that he would resign. Most recently, Borrows was managing director at C2FO.

Scan Health Plan has chosen Vinod Mohan as its finance chief. Previously, Mohan was regional CFO/Medicare and Medicare Advantage plans at UnitedHealth Group/United Healthcare.

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Philip Angelastro has been promoted to the top finance spot at Omnicom Group. He succeeds Randall Weisenburger, who is leaving the company. Angelastro has been senior vice president, finance, and controller at the marketing and corporate communications firm since 2002.

Real estate investment trust Ventas has appointed Robert Probst to lead the finance function, effective in October. He takes over from Richard Schweinhart, who is retiring. Most recently, Probst was finance chief at Beam.

Mark Schmitz has been selected to head finance at Itron, succeeding Steven Helmbrecht at the technology and services firm. Previously, Schmitz held the top finance spot at Alghanim Industries and, before that, at The Goodyear Tire and Rubber Co.

Drilling-services provider Rowan Cos. has said that CFO and treasurer J. Kevin Bartol is resigning. The company has begun a search for his replacement, and Bartol will remain at the firm until after a transition period with his replacement.

Finance chief Thomas O’Brien plans to retire from Kadant in June of next year. A search is under way to replace O’Brien, who has been at the company since 1991.

Network and financial-technology firm GlobeOne has appointed Philip Valvardi CFO and global head of business development. He joins the company from Fiserv, where he was general manager of the prepaid solutions division.

David Carr has been named to the top finance spot at Garden Fresh Restaurant. Most recently, he was vice president of finance at Petco Animal Supplies.