CFOs on the Move

Apple Computer; United Technologies; Freddie Mac; Sinaiko Healthcare Consulting; Andrx Corp.; Elk Corp.; Angelica Corp.; S.L. Green Realty.
Stephen TaubFebruary 6, 2004
  • Apple Computer announced that Fred D. Anderson will retire as executive vice president and CFO on June 1. He will be replaced by Peter Oppenheimer, Apple’s senior vice president of finance and corporate controller. The company added that it intends to appoint Anderson to its board of directors upon his retirement.

Anderson joined Apple as executive vice president and chief financial officer in March 1996. Oppenheimer joined Apple in July 1996 as controller for the Americas, and in 1997 was promoted to vice president and worldwide sales controller and then to corporate controller.

  • United Technologies Corp. promoted two finance executives to assume the responsibilities of chief financial officer Stephen Page when he retires on April 14. James E. Geisler, currently UTC’s director of financial planning and analysis, was named vice president, finance; Gregory J. Hayes, currently the controller, was named vice president, accounting and control. They will report to chairman and CEO George David.

Geisler joined the corporation in 1993 at its Pratt & Whitney unit and later served as the director of investor relations before heading up its financial planning and analysis function. UTC’s financial planning and analysis, treasury, investor relations, and shared business services functions will report to him.

Hayes joined the corporation with the Sundstrand merger in 1999. He had held several financial positions at Sundstrand including vice president, finance for Sundstrand Aerospace. He became vice president, financial planning and analysis for Hamilton Sundstrand’s Aerospace Systems unit effective with the merger, then became UTC’s vice president and controller in April 2003. The control, internal audit, Sarbanes-Oxley, and taxation functions will report to him.

The 7 Habits of Highly Effective CFOs

The 7 Habits of Highly Effective CFOs

Download our whitepaper to discover the technical and behavioral skills needed to lead your business forward.

  • Mortgage finance company Freddie Mac named Catherine M. Dondzila senior vice president for investments and capital markets accounting. She will report to Freddie Mac’s executive vice president-finance and chief financial officer, Martin F. Baumann.

Dondzila will be responsible for accounting and reporting in the corporation’s investments and capital markets division. Freddie Mac’s debt, derivative and fair value accounting department and its investment accounting department will report to her.

  • Sinaiko Healthcare Consulting named Robert J. Jacoby vice president of internal audit and compliance services. Jacoby is returning to the firm after 18 months as the senior manager of audit and consulting services for the Healthcare Audit Network.
  • Andrx Corp., a maker of generic drugs, promoted former chief financial officer Angelo Malahias to president and promoted vice president of finance John Hanson to CFO.
  • ElkCorp., which makes roofing and building products, said chief financial officer and treasurer Harold Beattie has resigned effective March 15 “to pursue other business opportunities.”
  • Uniform provider Angelica Corp. said chief financial officer Theodore Armstrong will retire on February 28; he will be succeeded by vice president and treasurer James Shaffer. Armstrong, who has been with the company for 18 years, will remain as a consultant until the end of July.
  • SL Green Realty Corp. named Gregory Hughes chief financial officer.

4 Powerful Communication Strategies for Your Next Board Meeting