CFOs on the Move

Avon Products; Dole Food; Delphi; Pitney Bowes; Dolby Laboratories; Corning; Mutual of Omaha; Diebold; Dex Media; Ennis.
Lisa YoonOctober 14, 2005

• Robert J. Corti is retiring as executive vice president and chief financial officer of Avon Products Inc. after 30 years with the company. He will remain with the company through the first quarter of 2006.

The New York-based beauty products seller tapped Charles Cramb, formerly senior vice president of finance and CFO of The Gillette Co., for the newly created position of executive vice president of finance and technology and CFO. He will also be responsible for investor relations. In addition to his finance roles during 35 years with Gillette, Cramb oversaw the technology function and most recently chaired the company’s IT advisory council.

• Dole Food Co. Inc. promoted Javier H. Idrovo to president of Dole Worldwide Packaged Foods, succeeding Peter M. Nolan, who earlier announced his retirement after 13 years with the company. Idrovo, who joined Dole in 2001 as vice president of strategy, had been named vice president and chief financial officer of the packaged-foods business earlier this year.

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The Westlake Village, California-based company also appointed Allan M. Dicks to replace Idrovo as CFO of packaged foods. Dicks joined Dole in 2003 and was promoted to worldwide controller for Dole Worldwide Packaged Foods earlier this year.

• Delphi Corp. named former Sprint Corp. chief financial officer Robert Dellinger as its new CFO. Dellinger, who left Sprint after its merger with Nextel was completed in August, was also a longtime executive at General Electric. John Sheehan, who has served as acting chief financial officer since March, was named chief restructuring officer; he will also retain his roles as chief accounting officer and controller.

• Pitney Bowes Inc. named Helen Shan vice president and treasurer, reporting to executive vice president and chief financial officer Bruce Nolop. Shan joins the Stamford, Connecticut-based postal-equipment provider after 13 years at J.P. Morgan Securities Inc. and Salomon Brothers Inc.; her most recent role, at J.P. Morgan, was as managing director for diversified industries.

• Kevin Yeaman is joining San Francisco-based Dolby Laboratories as chief financial officer, effective October 24. Yeaman was most recently CFO of E.piphany Inc. He replaces Janet Daly, whose planned retirement from the stereo-sound technology specialist was announced in January.

• Corning Inc. named Katherine A. Asbeck senior vice president of finance. Asbeck, who joined the Corning, New York-based glassware-maker in 1991, will continue to report to vice chairman and chief financial officer James B. Flaws.

Corning also announced that Jane Poulin joined the company as divisional vice president and chief accounting officer; previously she was associate chief accountant in the Securities and Exchange Commission’s Office of the Chief Accountant. In addition, divisional vice president and operations controller R. Tony Tripeny was named vice president and corporate controller; he joined the company in 1985 as corporate accounting manager for Corning Cable Systems. Poulin and Tripeny will report to Asbeck.

• Mutual of Omaha appointed David A. Diamond executive vice president and chief financial officer. Diamond joins the mutual insurance company from Nationwide, where he has worked since 1988, most recently as president and managing director for Nationwide Global, the company’s international insurance operations.

• Diebold Inc. promoted Kevin J. Krakora to vice president and chief financial officer. Before joining the North Canton, Ohio-based security specialist in 2001, Krakora was senior vice president and CFO at TelTek Inc.

• Senior vice president of finance Scott Pomeroy was promoted to executive vice president and chief financial officer of Dex Media Inc. He succeeds Robert Neumeister, who is retiring as CFO after three years with the Denver-based online directory company.

• Ennis Inc. appointed Richard L. Travis Jr. vice president of finance and chief financial officer, effective November 1. Most recently, Travis was the finance chief of Peerless Manufacturing Co.; previously, he was the CFO of TrinTel Communications Inc., CT Holdings Inc., and Texwood Industries Inc. Travis replaces Harve Cathey, who is retiring from the Midlothian, Texas-based manufacturer of business products.