People

Today’s CFOs on the Move (Update)

Lucent does the Hustle; more.
Lisa YoonNovember 8, 2000
  • Lightnin’ Hopkins: In an effort to bounce back from its recent troubles, which include a 22-percent drop in Q4 profits, telecommunications equipment maker Lucent Technologies Inc. has reorganized the duties of some top executives to mesh its sales and service organizations and quicken the pace of decision-making. CFO Deborah Hopkins will assume the additional responsibility of developing information systems infrastructure. In addition, the company said vice chairman Ben Verwaayen will oversee world-wide marketing, sales and services. Executive VP of corporate operations Bob Holder will oversee product organizations, manufacturing, and supply chain management.
  • The Check is in the Mail-Well: Michel Salbaing was named SVP of finance and CFO of commercial printing firm Mail-Well Inc. Salbaing joins the Englewood, Colo.- based company from Quebecor World, where he held various executive positions.
  • Big Ol’ Jet Airliner isn’t carrying Matthew Stasior too far away–just to Canada. He’s the new CFO of CharterHub Inc., a Toronto-based marketplace for booking business jets. Stasior previously worked at various Internet startups, including MyWay.com.
  • Chip-maker Off the Old Block: Terry Nickerson was named VP of finance and CFO of Toronto-based graphic chip maker ATI Technologies Inc. The post was vacant for 3 months, after James Chwartacky resigned after 2 quarters of worse-than-expected losses. Nickerson has served in senior roles at such companies as Nortel Networks Corp., where he was SVP of finance and CFO, and Molson Inc., where he was SVP of planning and control.
  • Steven A. Kahn is now calling Rottlund Co. Inc. home sweet home. The former CFO of K-tel International Inc. was named to the top finance post at Minneapolis-based Rottlund, a condominium-and- townhouse builder. He replaces Lawrence B. Shapiro, who left to pursue other interests. Shapiro made more than $179,000 last year.
  • Cindy Horowitz is going to a different address. The CFO of domain-name registrar Register.com left the company for personal reasons, after only 2 months on the job. The New York-based company is looking for her successor.
  • Soft Landing: David Lewis was appointed finance chief of software maker SoftQuad Software Ltd. Lewis joins the Toronot firm from Cyberplex Inc., where he was director of corporate and legal development.

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