People

CFOs on the Move

Hercules; Safeway; Maxtor; THQ; Pixar; Factory 2-U Stores; Integrated Electrical Services.
Stephen TaubMarch 26, 2004
  • Hercules Inc. finally has a chief financial officer. After operating without a CFO since George MacKenzie retired in July 2001, the chemical giant named Allen Spizzo to the position. Spizzo has been with the company for 25 years, most recently serving as vice president for corporate affairs, strategic planning, and corporate development.
  • Supermarket chain Safeway Inc. named Robert L. Edwards as its new executive vice president and chief financial officer. He will oversee the company’s finance, investor relations, information technology, real estate, and legal functions and report to Steven A. Burd, Safeway’s chairman, president, and chief executive officer. Edwards was most recently executive vice president and CFO of disk-drive manufacturer Maxtor Corp.
  • Maxtor, in turn, named Theodore A. (Ted) Hull as acting chief financial officer. Hull, who had been serving as vice president of finance, joined Maxtor in 2001 after serving in the same role at Exodus Communications Inc.
  • Video-game software maker THQ Inc. named Edward K. Zinser executive vice president and chief financial officer. Since 2001 he had served as executive vice president and chief financial officer of Vivendi Universal Games, one of the largest publishers of PC consumer software worldwide.
  • Pixar announced that Simon Bax will be named its new executive vice president and chief financial officer in May, upon the retirement of Ann Mather, who will devote more time to her family. Bax has more than 20 years of financial operations experience, including more than seven years as the CFO of Fox Filmed Entertainment.
  • Factory 2-U Stores Inc. announced that Norman Dowling has joined the retailer as executive vice president and chief financial officer. He had served as vice president of finance for PETCO Animal Supplies Inc. since November 1999.
  • Integrated Electrical Services Inc. announced that William W. Reynolds, executive vice president and chief financial officer, has resigned from the company to accept a CFO position with another, undisclosed company. H. Roddy Allen, president and chief executive officer of IES, has been appointed interim chief financial officer.