CFOs on the Move

Comings and goings at TJX, Harcourt, Copperweld, Nexaweb, Teledyne, Health Care Property Investors.
Stephen TaubJanuary 30, 2004
  • The TJX Cos. Inc. named Jeffrey Naylor executive vice president, chief financial officer, effective February 2, 2004. Current CFO Donald Campbell assumes the newly created position of executive vice president, chief administrative and business development officer.

Naylor joins TJX from closeout retailer Big Lots, Inc., where he has been Senior Vice President and Chief Financial Officer since 2001.

  • Education publishing company Harcourt Inc., a part of Reed Elsevier Group Plc, named Raymond Fagan senior vice president and chief financial officer. He will have responsibility for the financial and accounting functions of all the Harcourt businesses worldwide and will report to Harcourt president and CEO Patrick Tierney.
  • Copperweld Corp. said Dale B. Mikus has joined the company as vice president and chief financial officer. He replaces James R. Smith, who served as interim CFO during the company’s restructuring. Copperweld emerged from bankruptcy as a stand-alone company last month.
  • Nexaweb said Lisa Pavelka McAlister has assumed the position of treasurer and chief financial officer. She will oversee all of Nexaweb’s finance and administrative functions, including financial management, investor relations, and human resources.
  • Defense contractor Teledyne Technologies Inc. named Dale Schnittjer vice president and chief financial officer. The 30-year company veteran had been interim CFO since July. Schnittjer also served as a financial executive for Allegheny Teledyne’s aerospace and electronics segment before becoming Teledyne’s controller in 1999, when the company was spun off.
  • Real estate investment trust Health Care Property Investors Inc. named Mark Wallace chief financial officer, replacing James Reynolds, who was asked to remain with the company as vice president, emphasizing business development. Wallace was previously CFO of Tremont Corp. and Timet, its main operating subsidiary.

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