CFOs on the Move: Week Ending Nov. 11

Twitter, FM Global, Symantec, Kohl’s, Science Applications International, Diversified Restaurant Holdings, Builders FirstSource, ManTech International
Joan UrdangNovember 11, 2016
CFOs on the Move: Week Ending Nov. 11

Property insurer FM Global announced that CFO Jeffrey Burchill was retiring after 42 years with the company. He had been in the role since 1999. Kevin Ingram has been promoted to the top finance spot, effective immediately. Another long-termer at the company, having come aboard in 1990, Ingram most recently was senior vice president of corporate services.

Head shot photography for FM Global.

Jeffrey A. Burchill

Thomas Seifert has resigned from the top finance spot at Symantec, effective at the end of the month, but will remain an adviser to the company until March. He will be succeeded by chief integration officer Nick Noviello, who was CFO of Blue Coat when it was acquired by Symantec.

Anthony Noto, who leads the finance function at Twitter, will become chief operating officer. He takes over for Adam Bain, who is leaving the company. Twitter will conduct a search for a new finance head, until which time Noto will hold both the COO and CFO roles.

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Kohl’s Department Stores has said that CFO Wesley McDonald plans to retire in the spring. The company plans a search to replace McDonald, who has been at the retailer for 14 years.

Science Applications International has named Charles Mathis to head finance. He takes over for interim CFO Maria Bishop, who will return to her former post as corporate controller. Most recently, Mathis was finance chief at ScanSource.

Phyllis Knight has been named CFO and treasurer at Diversified Restaurant Holdings. She replaces David Burke, who has been promoted to president and CEO. Formerly, Knight held the top finance spot at Polar Corp.

Building-products manufacturer and supplier Builders FirstSource has appointed Peter Jackson to lead the finance function. Previously, he was CFO – refrigeration segment at Lennox International.

Finance chief Matthew Foulston has been promoted to president and chief operating officer at IT-services provider ManTech International. Deputy CFO Judith Bjomaas will succeed him as head of finance.

Matthew Foulston has resigned from the top finance spot at Compass Minerals, effective Dec. 1. Corporate controller John Craft will become interim CFO while the company searches for Foulston’s replacement.

Healthways has named chief accounting officer Glenn Hargreaves interim CFO. He succeeds Robert Dries, who has resigned. Hargreaves joined the health-and-fitness-program provider in 2005 as director of tax; he was named controller in 2011 and CAO in 2012.

Consultancy and business-process outsourcer Cognosante has promoted chief accounting officer Tom Hohman to finance chief. He takes over for Aaron Daniels, who retired at the end of October. Hohman has been at the company since last year; before that, he headed finance at Compressus.

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