CFOs on the Move: Week Ending Dec. 2

Avon, YRC, HSN, Neiman Marcus, FTD, Financial Engines, Westmoreland Coal, Golden Entertainment, PDC Energy, Gibraltar Industries
Joan UrdangDecember 2, 2016
CFOs on the Move: Week Ending Dec. 2

Jamie Pierson, whose deft financial gymnastics have helped struggling trucking company YRC Worldwide stay afloat, will leave his CFO post at year-end. The company said Pierson, after eight years of weekly commuting to its headquarters in Overland Park, Kan., plans to become finance chief at a building supply and material company located near his Dallas home.

Jamie Pierson

Jamie Pierson

YRC’s controller, Stephanie Fisher, will become acting CFO on Jan. 1. Pierson will be available for consultation to the company for six months after that. Pierson and Fisher worked together on a series of complicated refinancings between 2009 and 2014 that allowed the company to stave off bankruptcy.

Jamie Wilson has been appointed to the top finance spot at Avon Products, effective Jan. 1. He succeeds CFO and COO James Scully, who will remain COO through next year. Previously, Wilson was finance chief at SABMiller.

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Retailer HSN has chosen Rod Little to lead the finance function, effective Jan. 3. He takes over for Judy Schmeling, who was appointed president of operating division Cornerstone Brands in August. Little joins the company from Elizabeth Arden, where he also headed finance; before that, he was CFO of the salon professional division at Procter & Gamble.

Neiman Marcus Group has named Michael Fung interim CFO and COO, replacing Donald Grimes. Formerly, Fung was interim CFO and treasurer of 99 Cents Only Stores, and also was CFO of Walmart U.S.

Finance chief Becky Sheehan is leaving FTD Cos. on Dec. 31. The company plans a search for her successor.

Investment adviser Financial Engines has said that Ray Sims, who leads the finance function, plans to retire next year after his replacement has been chosen. He has been at the firm since 1999.

Jason Veenstra has resigned as CFO and treasurer of Westmoreland Coal, effective Dec. 15. Vice president of investor relations Gary Kohn will take over on an interim basis.

Gaming-property owner and operator Golden Entertainment has appointed Charles Protell CFO and chief strategy officer. As finance chief, he succeeds Matthew Flandemeyer, who is leaving the firm. Previously, Protell was managing director of investment banking at Macquarie Capital.

PDC Energy has selected David Honeyfield to head finance, effective Dec. 19. He had held the top finance spot at Jonah Energy.

Building-products manufacturer and distributor Gibraltar Industries has said that finance chief Kenneth Smith plans to retire next year. A search is under way for his successor.

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