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CFOs on the Move: Week Ending August 26

Hilltop Holdings, Ascensus, Zoetis, Marathon Oil, Salary.com, Michaells, Global Eagle Enternainment, Swift Energy, Isola
Joan UrdangAugust 26, 2016
CFOs on the Move: Week Ending August 26

Financial holding firm Hilltop Holdings has named William Furr to head internal finance, effective Sept. 1. Most recently, he was community bank CFO at KeyCorp.

Glenn David

Glenn David

Animal-health company Zoetis has promoted Glenn David, senior vice president of finance operations, to CFO. He takes over for Paul Herendeen, who has resigned to become finance chief at struggling, debt-laden Valeant Pharmaceuticals.

Ascensus, which provides college savings and retirement plan services, has selected James Lucania as its next finance chief. He succeeds Mike Finn, who will become senior vice president of strategic analytics and reporting, a newly created post. Lucania previously led the finance function at Checkpoint Systems.

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. 

J.R. Sult has resigned from the top finance spot at Marathon Oil. Pat Wagner, vice president of corporate development and strategy, will become interim CFO while the company searches for a permanent successor to Sult.

Anne Huemme has been chosen to lead the finance function at Salary.com. Previously, she was CFO and chief operating officer at Lavastorm.

Arts-and-crafts retailer The Michaels Companies has promoted senior vice president of finance Denise Paulonis to executive vice president and CFO. As finance chief, she replaces Chuck Sonsteby, who will remain vice chairman.

Global Eagle Entertainment (GEE) has appointed Tom Severson to the top finance spot. He takes over for Michael Zemetra, who has resigned. Severson formerly headed finance at Emerging Markets Communications, which was acquired by GEE in July.

Swift Energy said that finance chief Alton Heckaman, Jr., plans to retire from the firm in the next few months, and it has begun a search for his successor. Heckaman joined the company in 1982 as an accounting manager, and has also served as controller, assistant vice president of finance, and vice president of finance.

Material sciences firm Isola has appointed Ken Rizvi to head finance, replacing interim CFO Donald Colvin. Most recently, Rizvi was corporate treasurer and vice president of finance at Micron.