• Emergency Landing: Lockheed Martin announced the appointment of CFO Robert J. Stevens as successor to president and COO Louis R. Hughes. Hughes, who joined the Bethesda, Md.-based aerospace and defense firm in April, resigned for personal and family reasons. Stevens will continue as CFO until a replacement is found.
  • Ken Barber will get a view from on high at Alta Vista, with the resignation of CEO Rod Shrock from the ailing Web-search engine. Barber and COO Greg Memo will splitting Shrock’s duties until the Palo Alto, Calif.-based company finds a replacement.
  • Industrial gases producer Air Products and Chemicals Inc. gave AT&T CFO Charles H. Noski a call to serve on its board of directors. Noski’s career also includes a stint as vice chairman and CFO of General Motors’s DirecTV unit, Hughes Electronics Corp.
  • Law Schooled: Manufacturers Services Ltd., a Concord, Mass.-based electronics designer, announced that it has promoted EVP and general counsel Bert Notini to the CFO position. He takes over for Bob Donahue, the company’s president, who had been serving as CFO on an interim basis.
  • Phar-Mor Responsibility: Martin S. Seekely was promoted to VP and CFO of Par-Mor. Seekely was previously VP and controller of the Youngstown, Ohio-based drugstore chain. He succeeds Sankar Krishnan, who resigned in June.
  • A Secure Transaction: Randall N. Paulfus was named CFO of security-systems provider Mosler Inc. He replaces Robert A. Crisafulli, who resigned. As a former partner at CFO-consulting firm Tatum CFO Partners LLP, Paulfus gets to practice what he preached.

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