RPM Pulls a Fast One

Industrial products maker hires Newell Rubbermaid exec to be CFO, while Quokka Sports loses its CFO to the NFL.
Michelle GabrielleJanuary 18, 2001
  • A Solid Choice:
    Michael E. Steele, currently VP of Newell Rubbermaid Inc., Freeport, Ill., will join Medina, Ohio-based RPM, Inc., a maker of industrial products, as CFO and VP, effective Jan. 29, 2001. He succeeds David P. Reif, who left the post to head RPM’s StonCor Group as president. In 2000, Reif earned $275,000 in salary, $150,000 in bonus and $7,950 in all other compensation.
  • Gold Rush:
    Quokka Sports, Inc., a provider of sports entertainment for digital companies, announced that Les Schmidt, the San Francisco-based company’s CFO and executive VP will resign at the end of January 2001. He is leaving to take on a position as COO of the San Francisco 49ers professional football team. G. Michael Novelly, Quokka’s current controller and VP, finance will assume responsibility for the company’s financial operations on an interim basis. In 1999, Schmidt earned $234,256 in salary, $25,000 in bonus and $3,500 in exercised options.
  • Nothing Like New Genes: Waltham, Mass.-based genomics firm, Genome Therapeutics, appointed Stephen Cohen as CFO. Cohen replaces Philip Holberton, who joined the company as CFO in 1999 on an interim basis and will remain as a part-time management consultant. Prior to joining Genome, Cohen served as senior VP and CFO of Abbott Park, Ill.-based Abbott Laboratories, a maker of drugs and medical devices.
  • Getting to Know You: Digital identity product provider, ActivCard named Blair Geddes as its CFO. Geddes joined the Fremont, Calif.-based company in October as VP of corporate finance. She replaces George Wikle, who resigned for health reasons.
  • Banking on It:
    Hudson United Bancorp, a financial services company, appointed William A. Houlihan as CFO and EVP. Houlihan replaces Nicholas Hahn, who left Mahwah, N.J.-based Hudson in December. Houlihan joins the company from New York-based investment banking firm Keefe, Bruyette & Woods, where he was a managing director.
  • Sweet Reward:
    RewardsPlus, a benefits aggregator in Hunt Valley Md., named Tom Keller CFO and EVP. Prior to joining RewardsPlus, Keller was most recently involved in his own consulting practice. Prior to that, he was with financial services company Fortis, first as senior VP and CFO of the U.S. parent company, Fortis, Inc. and then as President of Fortis Health in Milwaukee, Wis.