CFOs on the Move: Week Ending June 17

Nasdaq, Eastman Kodak, U.S. Bancorp, UnitedHealth Group, Ralph Lauren, Fox Networks Group, Pegasystems, AccuWeather, Novelis, Iron Mountain
Joan UrdangJune 17, 2016

Nasdaq has appointed Michael Ptasznik to head finance, effective July 11. Ptasznik, who takes over for interim CFO Ronald Hassen, has been finance chief at TMX Group since 2002.

David Bullwinkle, CFO, Eastman Kodak

David Bullwinkle, CFO, Eastman Kodak

David Bullwinkle has been promoted to the top finance spot at Eastman Kodak, effective July 1. He succeeds John McMullen, who is leaving the firm. Bullwinkle has been at the company since 2004 and has held several posts, most recently director of corporate financial planning and analysis, director of investor relations, and vice president, finance.

Terry Dolan has been named vice chairman and CFO at U.S. Bancorp, effective Aug. 1. He takes over for Kathy Rogers, who will return to her former post as head of the stress-test process. Dolan joined the bank almost 18 years ago and has been vice chairman, wealth management and securities services, since 2010.

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. 

John Rex, previously finance chief of Optum, has been selected to fill the top finance spot at UnitedHealth Group. He replaces David Wichmann, who will continue as president of the company. Tami Reller, chief marketing officer at Optum, will replace Rex as CFO there.

Ralph Lauren has chosen Jane Nielsen to lead the finance function, succeeding Robert Madore. Nielsen, whose appointment is effective Sept. 6, joins the firm from Coach, where she had held the top finance spot since 2011.

Del Mayberry is retiring as finance chief at Fox Networks Group. Ravi Ahuja, now executive vice president, business operations and development, will replace him.

Software firm Pegasystems has named Ken Stillwell CFO and chief administrative officer, effective July 7. Most recently, he headed finance at Dynatrace.

AccuWeather has chosen Steven Hickson to lead the finance function. He formerly was CFO at Latin American Pay Television Service.

Aluminum company Novelis has selected Devinder Ahuja as its next finance chief. He will join the firm on July 19 as CFO designate and senior vice president, finance, and will become CFO after Novelis files its Form 10-Q for the first quarter in August. Ahuja takes over for interim CFO Steve Pohl, who has been named senior vice president, business performance and execution. Previously, Ahuja headed finance at Alcon U.S., a subsidiary of Novartis.

Roderick Day has resigned from the top finance spot at information-management and storage firm Iron Mountain. He will remain finance chief until the company files its Form 10-Q for the quarter ended June 30, and will stay on for a transitional period through mid-October. Stuart Brown, who has been CFO at Red Robin Gourmet Burgers since 2011, will succeed Day. Finally, chief accounting officer and controller Terry Harryman will become interim CFO at Red Robin.