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CFOs on the Move

Northwest Airlines; Viacom; Douglas, Curtis & Allyn; Cache Inc.; Everypath; Eagle Hospitality Properties Trust; Wild Oats Markets; GameTech Interna...
Lisa YoonMay 6, 2005

• Bernard L. Han resigned as chief financial officer of Northwest Airlines Corp. The Minneapolis-based airline, which did not provide additional details about Han’s departure, named Neal Cohen as executive vice president and CFO.

Cohen was executive vice president of finance and CFO for US Airways from 2002 to 2004. However, Cohen is no newcomer to Northwest: From 1991 to 2000, he held a number of senior marketing and finance positions there, including senior vice president and treasurer, before departing for a finance position at then-troubled insurer Conseco.

Northwest also announced that vice president of financial planning and analysis T. Jeffrey Putnam was promoted to senior vice president of finance.

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• Michael J. Dolan was appointed executive vice president and chief financial officer of entertainment group Viacom Inc., effective May 11. He succeeds Richard J. Bressler, who has served as CFO since 2001 and who announced in January that he would not be renewing his contract.

Dolan is a former chairman and chief executive officer of advertising agency and marketing services company Young & Rubicam Inc., where he previously also held the positions of chief operating officer and chief financial officer. Earlier in his career, Dolan held a number of senior financial and operational positions at PepsiCo, including vice president of strategic planning and new business development and senior vice president of operations for PepsiCo Foods International.

• Merchant banking firm Douglas, Curtis & Allyn LLC tapped a former Intel Corp. finance executive as managing director and head of investment banking. Wael H. Aburida joins the Roseville, California, firm (doing business as DCA) from his former post as director of mergers and acquisitions for Intel. Earlier in his career, Aburida worked in the technology mergers and acquisitions group at Lehman Brothers and was a research analyst with Prudential Securities.

• Fashion retailer Cache Inc. promoted vice president of finance Margaret Feeney to executive vice president and chief financial officer. Feeney joined the New York-based company in 1992. Before that, she was manager of financial analysis and budgeting for Toys “R” Us and also held several financial positions at Brooks Fashion Stores, a junior specialty chain.

• Business technology provider Everypath appointed Douglas Koo senior vice president of finance and chief financial officer. Koo joins the Santa Clara, California-based from Trident Capital, where he sourced potential investment opportunities. Previously he was the senior vice president and CFO for healthcare services company CBCA Inc. He has also held the top finance job at Internet infrastructure systems integrator CAT Technology, at Wine.com, and at restaurant company Blue Chalk Café Corp.

• Eagle Hospitality Properties Trust Inc. appointed Raymond D. Martz chief financial officer. The Covington, Kentucky-based real estate investment trust owns 10 upscale full-service and all-suites hotels. Martz joins the company from LaSalle Hotel Properties, where he was treasurer; his other roles since joining LaSalle in 1997 included director of finance and vice president of finance and investor relations. Previously he worked at Tishman Realty Corp.

• Boulder, Colorado-based Wild Oats Markets Inc., a natural and organic foods retailer, named Robert B. Dimond senior vice president and chief financial officer. He succeeds Edward Dunlap, who held the top finance job since 2001 and is now senior vice president of operations.
Most recently, Dimond was executive vice president and CFO of food retailer Penn Traffic Co.; he’s also held CFO positions at food retailer Nash Finch Co. and for the Western region of Kroger Co.

• Reno, Nevada-based GameTech International Inc., which supplies electronic bingo equipment, named James Wilson chief financial officer, effective May 17. Most recently, Wilson served as senior vice president and CFO for Torrance, California-based OrthAlliance Inc., a service provider to orthodontic and pediatric practices. Before that, Wilson held senior finance positions at Interplay Entertainment Corp., Cloud 9 Interactive Inc., SEGA of America, Applause Enterprises Inc., Mattel Electronics Inc., and the Major League Baseball team then known as the California Angels.

• Minneapolis-based PepsiAmericas Inc., the second-largest Pepsi bottler, announced that vice president of investor relations Kathryn Koessel is leaving to pursue other opportunities, effective June 3. Koessel has held the position since 2003. Chief financial officer Alex Ware will oversee investor relations until a permanent replacement is announced.

• Archivas Inc., a developer of archive object management technology, appointed Scott Dussault to the newly created position of chief financial officer. Dussault joins the Waltham, Massachusetts-based company from Astra Tech Inc., where he was vice president, treasurer, and CFO. Previously he served as vice president and CFO of StorageNetworks Inc., a provider of data storage services.

• Stamford, Connecticut-based Star Gas Partners LP, the largest U.S. retailer of home heating oil, promoted vice president of finance and treasurer Richard F. Ambury to chief financial officer. He replaces Ami Trauber, who had served as CFO since 2001.