Rocky Road

Stone-aggregate maker U.S. Aggregates says interim CFO resigns; plus others announce changes.
Michelle GabrielleMay 29, 2001
  • Not Set In Stone: U.S. Aggregates Inc., a producer of aggregates of stone, sand, and gravel, said Daniel Yih resigned as interim CFO, treasurer, and VP, in order to return to his primary job as principal and portfolio manager at GTCR Golder Rauner LLC, a private equity firm, which is U.S. Aggregates’ largest shareholder. Yih will continue to serve on the board of directors of the San Mateo, Calif.-based company. Yih had agreed to serve the company on an interim basis to assist in the completion of the company’s audit for the year ended December 31, 2000, and the filing of the company’s 10K for the year ended December 31, 2000, restated 10Qs for the first three quarters of 2000, and the 10Q for the first quarter of 2001, all of which are now complete. CEO Stan Springel will assume the company’s finance duties until it finds a replacement.
  • Quit The Band: Com21 Inc., a maker of access products for the broadband market, announced that David Robertson resigned as the Milpitas, Calif.-based company’s CFO. VP and corporate controller Ralph Marimon will assume the role of acting CFO. In 2000, Robertson received $195,314 in salary and $62,000 in bonus.
  • On A Mission: IAsiaWorks Inc., a Burlingame, Calif.-based provider of hosting services in the Asia-Pacific region, appointed Jon Engman CFO. Prior to joining IAsiaWorks, Engman was CFO at ReFlex Communications, a Seattle-based broadband provider. Engman takes over the CFO role from Jon Beizer, IAsiaWorks CEO, who previously performed both functions.
  • Everything’s Coming Up Roses: Bay View Capital Corp. appointed John Rose CFO. Rose succeeds Mark Lefanowicz, who is leaving the San Mateo, Calif.-based bank holding company to pursue other interests. Prior to joining Bay View, Rose served for some 10 years as president of Hermitage, Penn.-based McAllen Capital Partners, a financial advisory firm.
  • Patch It Up: Inc., a Canadian E-commerce company, announced that Richard LeBlanc and Brian Kohlhammer have resigned their positions at Patchgear as CEO and CFO respectively. The Calgary, Alberta-based company’s board of directors is searching for a new management team. Meanwhile, LeBlanc continues to serve the company as a consultant.

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