“Jeeves, what gives?” Emeryville, Calif.-based search engine AskJeeves Inc. announced the resignation of CFO Tom Low, who joined the company in April. The Internet company said he resigned to pursue other interests. President Adam Klein will handle financial responsibilities until the company finds a replacement. The announcement was followed by the company’s third quarter earnings call, during which it announced that revenues had tripled and losses had narrowed compared with the same period last year.
Bradlees Inc. shopped around before it selected J. Gregory Ambro to be its new CFO. Ambro joins the Braintree, Mass.- based discount retailer from online grocer Streamline.com Inc., where he was CFO. Ambro succeeds Neil Moses who resigned in September.
Former Cummins Inc. CFO Kiran Patel is now revving up his engine at iMotors, a San Francisco-based online used-car market. Patel, who resigned from Cummins, made $936,000 last year at the Columbus, Inc.-based engine maker.
Peregrine Systems Inc. announced the permanent appointment of Matthew Gless as CFO, succeeding David A. Farley, who died October 17, of a heart attack. Gless had been serving as acting CFO. He was also elected to the board.
Risky Business: Leland LeBlanc was named SVP and CFO of Minneapolis-based Health Risk Management Inc. LeBlanc joins Health Risk from Blue Cross and Blue Shield of Minnesota, where he held various executive finance positions. He succeeds Thomas Clark, who was promoted earlier this year to EVP for acquisitions and business development.
Donald J. Marsee is ready for takeoff as interim CFO of Pilot Network Services. Marsee joins the Alameda, Calif.-based provider of secure, subscription- based e-business services from business- consulting firm IR&C LLC, where he was a partner. He replaces Tom Chesterman, who resigned last week after just three weeks on the job, amid a warning of lower-than- expected second-quarter earnings.
Get the newsletter
CFO’s The Balance brings the most important finance reporting to your inbox.