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CFOs on the Move

Moody's; Internal Revenue Service; RCN; HSBC North America; G2 SwitchWorks; GuideTech; Collins Industries; Preventsys; Infinity; Apogee Technology;...
Lisa YoonMay 20, 2005

• Linda S. Huber joined Moody’s Corp., the New York-based parent of Moody’s Investors Service, as executive vice president and chief financial officer, succeeding Jeanne M. Dering. Before joining Moody’s, Huber worked at PepsiCo as vice president of corporate strategy and development, and as vice president and assistant treasurer; as a managing director heading up the financial services practice of consultancy Freeman & Co. from 1998 to 2003; and most recently as executive vice president and CFO at U.S. Trust, a subsidiary of Charles Schwab & Co. Inc.

Dering has moved into the new position of executive vice president of global regulatory affairs and compliance; she’ll also assume responsibility for corporate communications and retain her current oversight of information technology. Dering, who joined Moody’s Investors Service in 1997 as a managing director and finance officer, became CFO in 1998. Previously, she worked at The Dun & Bradstreet Corp., in positions including director of budgets and financial analysis as well as director of financial planning in acquisitions and new business development.

• The Internal Revenue Service promoted Janice J. Lambert to chief financial officer. No stranger to government work, Lambert joined the IRS as deputy CFO in June 2004 from the Department of Treasury, where she had served as director of budget. Previously, Lambert was the chief of budget and administration for the Department of Justice’s Organized Crime and Drug Enforcement Task Force.

• Communications services provider RCN Corp. named Michael T. Sicoli executive vice president and chief financial officer. Sicoli joins the Herndon, Virginia-based company from Nextel Communications Inc., where he was vice president and assistant treasurer. Patrick Hogan, who had been RCN’s finance chief since 2004, was appointed executive vice president, corporate.

• HSBC North America announced that Asim Majeed has been named chief financial officer of HSBC’s Prospect Heights, Illinois-based retail services business, which issues merchant-branded credit cards. Majeed joined HSBC in 2000 in the corporate strategy and development group and most recently was a vice president within the HSBC wholesale/correspondent mortgage business. Previously, Majeed spent more than a decade in finance at Allstate Corp.

• Dave Menzel joined G2 SwitchWorks Corp., a low-cost distribution provider to the travel industry, as chief financial officer. Before joining Chicago-based G2, Menzel was a managing director with Parson Consulting, a financial management consultancy. Previously, he held CFO positions at Yesmail Inc. and Campbell Software Inc., which was sold to SAP America Inc.

• GuideTech, a supplier of testing solutions for semiconductor manufacturers, promoted chief financial officer and chief operating officer Bob Raybuck to president and chief executive officer. Raybuck will also join the board of directors of the Sunnyvale, California-based company.

• Cletus Glasener was named vice president and chief financial officer of Collins Industries Inc., a Hutchinson, Kansas-based manufacturer of ambulances and other industrial vehicles, effective May 23. Glasener has been vice president, controller, and treasurer of Vought Aircraft Industries Inc. in Dallas since 2000.

• Carlsbad, California-based Preventsys Inc., a developer of enterprise security management software, announced that Scott Smull has been named chief financial officer. Smull has also served as the finance chief of DispenseSource, PurePulse Technologies, Linkabit Wireless, and ComStream Corp.

• Timothy A. Ficker was appointed vice president and chief financial officer of Infinity Inc. He’ll takes over the finance duties from executive vice president James A. Tuell, who has been acting CFO since December. A first-time finance chief, Ficker joined the Denver-based energy company from KPMG, where he was a partner in the energy audit practice since June 2002. Previously, he spent 12 years in Arthur Andersen’s energy audit practice in Denver and Houston in a variety of positions culminating in partnership.

• Norwood, Massachusetts-based Apogee Technology Inc., a semiconductor company, named Paul Murphy chief financial officer, vice president of finance, and treasurer. Murphy’s experience includes stints as the finance chief of Artel Video Systems Inc., UroMed Systems Inc., Xyplex Inc., and Lexidata Corp.

• 24/7 Customer, a provider of business-process-outsourcing services, named Doug Bettinger chief financial officer. Bettinger is an 11-year veteran of Intel Corp., where he held a variety of positions in the company’s manufacturing operations and product divisions before becoming corporate planning and reporting controller.

• Somerset, New Jersey-based Lumeta, which supplies network intelligence for enterprises and government agencies, promoted Janet Coddington to chief financial officer. Coddington has been vice president of finance and administration since joining the company in November 2001; previously, she was the vice president of finance for Telelogic North America Inc.