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CFOs on the Move

TIAA-CREF; Deutsche Börse; Liz Claiborne; ImmunoGen; Smith & Wesson Holding Corp.; Coca-Cola Bottling Co. Consolidated; Kforce Professional Staffin...
Lisa YoonMay 13, 2005

• TIAA-CREF announced that executive vice president and chief financial officer Elizabeth A. Monrad is taking an unpaid leave of after receiving a Wells notice from the Securities and Exchange Commission. The company added that it understands the notice informed Monrad of a possible civil enforcement action related to her prior employment at General Re Corp.

Vice president of internal audit Russell Noles will serve as acting chief financial officer, effective immediately. Arlen Copenhaver, an associate auditor, will fill in for Noles, also on an interim basis.

• Werner G. Seifert is resigning as chief executive officer of Deutsche Börse, effective by year-end. During the search for Seifert’s replacement, chief financial officer Mathias Hlubek will take his place and coordinate the executive board.

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• At New York-based apparel company Liz Claiborne Inc., chief financial officer Michael Scarpa was given the additional role of senior vice president of finance and distribution. Treasurer and head of investor relations Robert Vill was named vice president of finance, in addition to his current roles; chief information officer John Sullivan was named senior vice president of sourcing, service, systems.

• Cambridge, Massachusetts-based ImmunoGen Inc. appointed Daniel M. Junius chief financial officer and senior vice president of finance. Junius, who joined Nashua Corp. in 1984 and became finance chief in 1996, later served as executive vice president and CFO of New England Business Service from 1998 until its acquisition by Deluxe Corp. in 2004.

• Smith & Wesson Holding Corp., parent company of firearms maker Smith & Wesson Corp., named Elizabeth A. Sharp to the newly created position of vice president of investor relations. Sharp, who is based in Arizona, will report to John Kelly, chief financial officer of the Springfield, Massachusetts-based company. Most recently, Sharp was vice president of corporate relations for Three-Five Systems Inc., a provider of electronics manufacturing services.

• David V. Singer resigned as executive vice president and chief financial officer of Charlotte, North Carolina-based Coca-Cola Bottling Co. Consolidated; he’ll be moving crosstown to join snack food manufacturer and distributor Lance Inc. as president and chief executive officer. Singer’s role at the nation’s second-largest Coke bottler will be filled by Steven D. Westphal, controller since 1987, who was appointed senior vice president and CFO.

• Kforce Professional Staffing named Anthony B. Petitt chief accounting officer. Before joining the Tampa, Florida-based company, Petitt was director of accounting operations for Watkins Motor Lines Inc., a transportation carrier. He also served as senior vice president and chief financial officer of LynkUs Communications Inc., a privately held web-to-wireless application developer.

• Home Decor Products Inc. named C. Parkhill Mays chief financial officer. Before joining the Edison, New Jersey-based online retailer, Mays had most recently been a founding partner of Palisades Advisors LLC, where he focused on the restoration of consumer brands and other projects in the financial services area. Mays’s background also includes finance positions at Ikon Office Solutions and a CFO stint at Iguana Studios, which Mays helped sell to Change Technology Partners.

• Jeffrey A. Kupp was appointed vice president and chief financial officer of Plano, Texas-based Microtune Inc., which designs and markets radio-frequency-based products for broadband communications and transportation markets. Kupp has also held CFO posts at Inet Technologies Inc., IEX Corp., and CS Wireless Systems Inc.

• New York-based Kanoodle, a provider of sponsored links for content pages and search results, appointed Kenneth J. Hall chief financial officer. Previously, Hall was executive vice president, CFO, and treasurer of Mercator Software Inc. He has also served as finance chief of OnSite Access Inc., Icon CMT Corp., Systemax Inc., and National Football League Properties Inc.

• Thomas J. Tossavainen, who has served as acting chief financial officer of Interline Brands Inc. since March 17, has been named to the CFO post on a permanent basis. He joined the Jacksonville, Florida-based company in 2001 and most recently held the title of vice president of finance and treasurer.

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