People

CFOs on the Move: Week Ending Oct. 16

Genworth, Madison Square Garden, TripAdvisor, Masonite, Akorn, Providence Service, Gordmans Stores, Power Solutions, Oncobiologics, Fairmount Santrol
Joan UrdangOctober 16, 2015
CFOs on the Move: Week Ending Oct. 16

Kelly Groh has been promoted to finance chief at Genworth Financial. She replaces Martin Klein, who has resigned but will stay on as an adviser through Oct. 30. Groh had been controller and principal accounting officer.

Donna Coleman

Donna Coleman

The Madison Square Garden Co. has chosen Donna Coleman to fill the top finance spot. She has been interim CFO since May, following the resignation of Sean Creamer.

Ernst Teunissen has been named to head finance at TripAdvisor, effective Nov. 9. He takes over for Julie Bradley, who has resigned but will remain at the firm through Nov. 20 to aid in the transition. Teunissen will join the company from Cimpress, where he also holds the top finance spot.

A Better Way to Do Ecommerce

A Better Way to Do Ecommerce

Learn how Precision Medical leveraged OneWorld to cut the cost of billing in half and added $2.5M in annual revenue.

Masonite International has appointed Russell Tiejema to be its next finance chief, effective Nov. 2. Most recently, he was CFO and vice president of finance at LII Residential, a division of Lennox International.

Pharmaceutical firm Akorn has named Duane Portwood as its next CFO, effective Oct. 30. He takes over for interim CFO Randall Pollard, who will remain chief accounting officer and corporate controller. Formerly, Portwood was corporate controller at The Home Depot, a post he had held since 2006.

David Shackelton has been chosen to lead the finance function at social-services provider The Providence Service Corp. Shackelton, who has been interim CFO since August, joined the firm last year as head of corporate development.

Retailer Gordmans Stores has named James Brown to the top finance spot. Most recently, he was finance chief at Hancock Fabrics.

Daniel Gorey, who has headed finance at Power Solutions International since 2012, is retiring. Michael Lewis, previously vice president of finance and CFO of North American operations at Benteler Automotive, will succeed him.

Oncobiologics has named Lawrence Kenyon to lead the finance function. He is a former CFO and COO of Arno Therapeutics, as well as former interim president, CEO, and CFO of Tamir Biotechnology.

CFO and executive vice president of finance Christopher Nagel has resigned from Fairmount Santrol, which provides sand and sand-based products to the oil and gas industry. A search is under way for his replacement.