Today’s CFOs on the Move (Update)

Microstrategy strategizes; more.
Lisa YoonNovember 29, 2000
  • Macro-Strategy: Back in March, Vienna, Va.-based business software maker MicroStrategy Inc. suffered an investor- relations nightmare when it had to restate earnings for three years as losses. In order to rebuild credibility with investors, the firm announced two executive promotions and a newly-created position of chairman. CFO Eric Brown, who replaced Mark Lynch after the restatements, takes on the additional title of president. Sanju Bansal will become VP and keep his role as COO. The company is looking for a chairman.
  • CFO Asia: Hong Kong-based Web company Chinadotcom Corp. named Daniel Widdicombe CFO. The former I- Quest CFO takes over the finance responsibilities from COO Peter Hamilton, who was also serving as CFO. The company operates four Asian-English Web sites and runs Web Connections, an E-business consulting unit.
  • A Real Treasure: Quasi- governmental mortgage buyer Freddie Mac promoted Louise M. Herrle to treasurer. She will also continue in her current role as VP of funding.
  • Special Delivery: Web-traffic delivery firm HydraWeb Technologies Inc. named Harold M. Winfield as CFO. Winfield joins the New York-based firm from Global Crossing North America, where he was CFO. He replaces Erik Akhund.
  • See You in the AM. Or Not. AM Communications Inc., which provides plant, headend, and hub-management solutions to the broadband industry, said CFO Keith Schneck is leaving the Quakertown, Pa.- based company. He will continue to serve as a director and financial advisor. Director of finance and administration Charles Wilson and newly-hired Vincent Achilarre will share the CFO duties. Achilarre joins AM from MEDecision, where he was CFO.
  • EYT Inc., formerly Ernst & Young Technologies, named John Hollerbach to the top finance post. Hollerbach joins the Chantilly, Va.-based application service provider from Internos Corp., where he was CFO.
  • Inc. has found a new gig for CFO Philip Thune. The New York- based provider of performance-based advertising services for the Internet appointed Thune as COO, in addition to his role as finance chief.
  • From the “Where Are They Now?” Files: Since his early days as CFO of CNET Networks Inc., Shelby Bonnie has moved on to chief executive, and now chairman. The San Francisco-based technology media company announced the appointment yesterday, as well as the appointment of founder Halsey Minor as chairman emeritus.