CFOs on the Move: Week Ending Aug. 15

Newell Rubbermaid, Sutter Health, Sensient Technologies, Auxilum Pharmaceuticals, Highwoods Properties, Carrizo Oil & Gas, Michael Baker, Koppers, ...
Joan UrdangAugust 15, 2014
CFOs on the Move: Week Ending Aug. 15

Doug Martin has resigned as finance chief at Newell Rubbermaid, effective Aug. 31. John Stipancich, general counsel and corporate secretary, will become interim CFO while a search for a permanent successor to Martin is under way.

CFO Dick Hobbs will retire from Sensient Technologies in February. Hobbs, who has been at the firm since 1973 and has led the finance function since 2000, will be succeeded by Stephen Rolfs, senior vice president of administration.

How Startup CFO Grew Food Company 50% YoY

How Startup CFO Grew Food Company 50% YoY

This case study of JonnyPops’ success highlights the unusual financial and operational strategies that enabled rapid expansion into a crowded and highly competitive frozen treat market. 

Auxilium Pharmaceuticals has named Andrew Saik to head finance, effective Aug. 18. He joins the firm from Endo Health Solutions, where he was senior vice president of finance and treasurer.

Real estate investment trust Highwoods Properties said that finance chief Terry Stevens will retire at the end of next month. Mark Mulhern, a member of the firm’s board of directors and CFO of Exco Resources, will replace Stevens.

Jeff Sprague

Jeff Sprague

Bob Reed will retire from the top finance spot at Sutter Health in January. He will be replaced by Jeff Sprague, currently senior vice president, financial operations.

Paul Boling has retired as CFO, secretary and treasurer at Carrizo Oil & Gas. Chief accounting officer David Pitts will add to his responsibilities as he takes over the CFO and treasurer roles.

Consultancy and engineering-services provider Michael Baker International has named Brian Lutes to the top finance spot. He replaces interim CFO Brian Arsenault, who will become a vice president in the firm’s finance group. Previously, Lutes was head of finance at Sypris Solutions.

Real Mex Restaurants has chosen Laurie Lawhorne to lead the finance function. She is a former CFO and treasurer of Grandy’s and Captain D’s, both restaurant chains.

Michael Zugay has been named finance chief at Koppers Holdings, effective Aug. 18. He takes over from Leroy Ball, who was named chief operating officer at the treated wood products and carbon-compounds producer in May. Most recently, Zugay was CFO and co-CEO at Michael Baker Corp.

Animal-health firm Zoetis has selected Paul Herendeen to head finance, succeeding senior vice president of finance operations and acting CFO Glenn David. Previously, Herendeen held the top finance spot at Warner Chilcott and at MedPointe.