CFOs on the Move: Week Ending July 25

TVGN, Ascena Retail Group, Fifth Street Finance, Culligan, Extended Stay America, Florida Citrus Sports, Layne Christensen, Ballantyne Strong, Info...
Joan UrdangJuly 25, 2014

Debra Wichser has been named to the top finance spot at network TVGN, a partnership between CBS and Lionsgate. Previously, she was vice president, corporate development, at CBS.

Ascena Retail Group, which comprises such brands as Lane Bryant and Dressbarn, has announced that finance chief Dirk Montgomery will leave the company at the end of the summer for a new post. A search is under way for his replacement.

Richard Petrocelli has been promoted to head finance at Fifth Street Finance. He takes over for Alexander Frank, who will remain chief operating officer of the firm’s investment adviser, Fifth Street Management. Most recently, Petrocelli was chief accounting officer of Fifth Street Finance.

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Water-filtration provider Culligan International has named Glen Ferguson to lead the finance function. Formerly, he held the top finance spot at ADA Carbon Solutions.

Peter Crage has resigned as finance chief of Extended Stay America, effective at the end of July. Chief operating officer Jonathan Halkyard will add to his responsibilities by serving as interim CFO.

Florida Citrus Sports, a nonprofit that operates the Capital One Bowl and the Russell Athletic Bowl, has appointed Scott Herring to lead the finance function. Most recently, he was vice president of finance for the Memphis Grizzlies; before that, he was president of basketball administration for the Orlando Magic.

Water-management, drilling and construction firm Layne Christensen has named Andrew Atchison interim CFO. He takes over for James Easter, who has resigned effective Aug. 1. Most recently a consultant, Atchison was controller at the company from 1997 until 2012.

Technology firm Ballantyne Strong has promoted corporate controller Nathan Legband to CFO, effective Sept. 2. He replaces Mary Carstens, who is retiring.

John Hofmann has been selected to head finance at data and marketing services provider Infogroup. He joins the company from private-equity firm Silver Lake Sumeru, where he managed new investments.