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A Separate PwC

New finance chief to help oversee PwC Consulting's split from parent. Plus: Universal Pictures unveils new star.
Lisa YoonJune 6, 2002

>> PwC Consulting tapped D&B veteran Frank Sowinski as chief financial and administrative officer. Sowinski brought in to lead firm through separation from parent PricewaterhouseCoopers… Sowinski in charge of establishing and managing firm’s global financial activities… Appointment comes right after appointment of president and chief executive Greg Brenneman on Sunday…

PwC Consulting management hoping Sowinski experience in relations with Wall Street and regulators will come in handy as unit strikes out on its own… Sowinski worked for 18 years at business-information specialist D&B, serving in various roles, including SVP of Dun & Bradstreet Corp. and CFO of global marketing.

Sowinski succeeds former CFO David Craig at PwC Consulting. Craig will stay on as — you guessed it — a consultant.

>> William Sutman is on Universal Pictures A-list as executive VP and CFO. Sutman succeeds Frederick Huntsberry, now his boss, who was recently promoted to executive VP and CFO of parent Vivendi Universal Entertainment…

Apparently, no business like show business for Sutman, who’s had various finance jobs at Universal since 1997. Played key role in acquisition of USA Networks, integration of PolyGram into restructuring of Universal Music Group… Since March 2001, was executive VP of finance for Vivendi Universal’s Canal+ Group, the TV-and-film division comprising Canal+ and Universal Studios TV business…

Sutman joined Universal from drinks company Joseph E. Seagram & Sons, where he was director of European treasury operations, then VP of audit.

>> Hospice-care provider VistaCare brought in M&A expert Mark Liebner as CFO to steer company’s acquisition strategy… Liebner previously served as managing director of Searchlight Partners, an executive-search and high-tech consulting firm. Before that, spent nine years as CFO for emergency health services provider Rural/Metro Corp.. On Liebner’s watch, that company completed 50 acquisitions, with revenues jumping from $50 million to $600 million. In health-care provider business these days, you either buy or get bought…

Liebner not wasting any time getting ready to shop. To other hospice-care companies looking for “strategic alternatives,” he put the word out: “We offer a strong financial base, successful integration track record and a demonstrated commitment to the communities they serve.”