CFOs on the Move: Week Ending Nov. 4

Hearst Television, Gap, ADT, USA Truck, Black Stone Minerals, CyrusOne, Exterran, General Cable, Nancy Buese, Rocket Fuel
Joan UrdangNovember 4, 2016
CFOs on the Move: Week Ending Nov. 4

John Drain has been promoted to finance chief at Hearst Television. He joined the broadcaster in 2010 as senior vice president, finance; before that, he was divisional CFO at Comcast Spotlight.


John Drain

Gap CFO Sabrina Simmons plans to leave the retailer at the end of the fiscal year. She started at the company in 2001 and was named to the top finance spot in 2007.

Jeff Likosar has been named to head finance at security-systems provider ADT. Most recently finance chief at Gardner Denver, he formerly worked at Dell, where his posts included vice president of operations finance and vice president of financial planning and analysis.

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. 

USA Truck has chosen James Reed to lead the finance function. He had been CFO of Interstate Distributor Co. and president of its subsidiary Interstate Distributor Logistics.

Black Stone Minerals has appointed Jeffrey Wood to the top finance spot, replacing Marc Carroll. Wood is a former CFO of Siluria Technologies and of Eagle Rock Energy Partners.

Data center–services provider CyrusOne has named Diane Morefield as its next finance chief, effective Nov. 14. She succeeds Gregory Andrews, who is leaving the firm on Nov. 30. Morefield previously led the finance function at Strategic Hotels & Resorts.

Exterran, which offers production, compression, and processing products and services to the natural gas and oil industries, has selected David Barta to lead the finance function. He takes over for Jon Biro, who has resigned. Barta has headed finance at Accudyne Industries, Cooper Industries, and Royal Beloit Corp.

Fiber-optic, aluminum, and copper wire and cable products manufacturer and distributor General Cable has named Matti Masanovich CFO, effective Nov. 11. Previously, he was vice president, finance, at Delphi Automotive.

Nancy Buese has been named to head finance at Newmont Mining, replacing the retiring Laurie Brias. Formerly, Buese led the finance function at energy firm MPLX.

Rocket Fuel, which provides programmatic marketing platforms, has appointed Stephen Snyder finance chief, effective Nov. 10. Snyder most recently held the top finance spot at Trilliant and is a former vice president of finance at Adobe Systems.