CFOs On the Move: Week Ending November 6

Colgate-Palmolive, Noodles & Company, IAC, Parker Hannifin, Materion, Gatwick Airport, LHC Group, Westell Technologies
Lauren MuskettNovember 6, 2020

Stanley Sutula

Stanley Sutula is the new finance chief at Colgate-Palmolive, effective November 9. Sutula has served as executive vice president and chief financial officer at Pitney Bowes since February 2017 and previously spent 28 years at IBM. His tenure at IBM included financial management roles of increasing responsibility, culminating in service as IBM’s vice president and controller. Sutula takes over for Henning Jakobsen, who will assume the role of senior vice president until his retirement on December 31.

Fast-casual restaurant chain Noodles & Company named Carl Lukach chief financial officer, effective November 30. Most recently, he spent four years as vice president of finance at fitness company Equinox. Before Equinox, Lukach held several roles in finance and corporate development at Abercrombie & Fitch. Before that, he spent over a decade in investment banking at Credit Suisse with an industry focus in food and retail businesses.

The 7 Habits of Highly Effective CFOs

The 7 Habits of Highly Effective CFOs

Download our whitepaper to discover the technical and behavioral skills needed to lead your business forward.

David Prystash

International Automotive Components (IAC) finance chief David Prystash will become its next CEO and a member of the company’s board of directors, effective January 1, 2021. Before joining IAC in November 2018, Prystash held leadership positions at General Motors, including vice president and CFO of global product development, purchasing, and supply chain. Before that, he was CFO of global manufacturing and labor relations at GM. Before joining GM, he held executive leadership roles, including CEO and CFO, outside of the auto industry following a 24-year career at Ford. Prystash takes over for Manfred Gingl, who will remain CEO through the year and will continue to serve as executive chairman of the board of directors after the transition. Kevin Graham, who is vice president of finance, will become CFO.

Todd Leombruno was promoted to finance chief at Parker Hannifin, effective January 1. Leombruno, currently vice president and controller, began his career at Parker in 1993 through the accounting trainee program. He progressed through accounting and financial roles and was named director of lean financial systems in 2006 and director of investor relations in 2012. He became group vice president and controller for the engineered materials group in 2015 and was promoted to his current position in 2017. Leombruno takes over for Catherine Suever, who is retiring after 33 years at the company.

Shelly Chadwick

Shelly Chadwick was named CFO at Materion, effective December 1. Most recently, she served as vice president of finance and chief accounting officer at bearings manufacturer Timken Company. Before Timken, she was vice president of finance and chief financial officer at Eckart America, a subsidiary of Altana AG. Before that, she held financial leadership roles of increasing responsibility at chemicals company Noveon.

Nick Dunn is stepping down as CFO at London Gatwick Airport. Dunn, who joined the airport in 2010, is leaving to become finance chief at fiber network infrastructure provider CityFibre, effective January 2021. Dunn succeeds Terry Hart, who stepped down as CityFibre’s CFO in July after nine years at the company. Before Gatwick, he worked for six years at energy services and solutions company Centrica in several senior finance roles, including director of group M&A, finance director for Centrica Energy, and finance director for its British Gas business.

Dale Mackel

Dale Mackel joined in-home healthcare services company LHC Group as CFO. Mackel was most recently with BlueCross BlueShield of Nebraska, where he served as executive vice president of finance and administration and chief financial officer since 2016. Before that, he was a market president at Aetna. Earlier, he was chief operating officer and chief financial officer at managed care company Coventry Health Care of Nebraska, Iowa, and South Dakota. Before his managed care career, he spent 22 years at Motorola in a number of financial, accounting, and financial planning and analysis roles.

Westell Technologies promoted Jeniffer Jaynes to chief financial officer.Jaynes, who is the company’s vice president and corporate controller since July 2018, will continue to serve in these capacities. Jaynes joined the company in 1996and held several accounting positions through 2000.Before rejoining the company in 2007, Jaynes was the director of SEC reporting at Infinity Property and Casualt and as the manager of financial reporting at Pemco Aviation Group.

Understanding Which ERP Modules Your Business Needs – And When