- Moving Day: Nursing home operator, Beverly Enterprises, Inc., announced that CFO Scott Tabakin has decided to move on after nine years with the Union City, Calif.-based company. Tabakin has taken a similar position at Amerigroup Corp., a managed health-care company in Virginia Beach, Va. His resignation is effective April 30. Philip Small, Beverly’s EVP of operational finance, will assume additional responsibilities as interim CFO until a permanent replacement is named. Tabakin, 42, joined Beverly in 1992 as VP and controller. He was named SVP in 1995 and EVP and CFO in 1996.
- Final Analysis:
Abaxis, Inc., a maker of blood analysis systems, said its CFO Donald Stewart has resigned “to pursue other professional and personal opportunities.” The company’s manager of finance, Al Santa Ines, will serve as CFO until a replacement can be found.
- An Intelligent Ending:
Smart & Final, Inc., a City of Commerce, Calif.-based warehouse supermarket chain, said Martin Lynch, would retire as CFO at the end of May. Lynch, who was with the company for 12 years, will be replaced by Richard Phegley, the company’s treasurer.
- The show is over for performance training facilitator Provant Inc.’s CFO Rajiv Bhatt. He resigned from the Boston, Mass.- based company to become CFO of Englishtown.com, an online language instruction site. Bhatt, who also serves as Provant’s EVP, will stay at the company as CFO until it completes its review of a plan to maximize shareholder value. Once the review is finished, Provant’s VP, Lawrence Heaney, will act as interim CFO.