CFOs on the Move

Alcan; International Paper; Tenet Healthcare; Domino's Pizza; Outback Steakhouse; Akamai Technologies; TCF Financial; Brightpoint; Apogee Enterpris...
Lisa YoonOctober 21, 2005

• Aluminum products giant Alcan Inc. has named executive vice president and interim chief financial officer Michael Hanley to fill the CFO position on a permanent basis. Hanley joined the Montreal-based company in 1998 as director of finance for the bauxite, alumina, and chemicals group. Since then, he has positions including vice president of investor relations as well as president and chief executive officer of Alcan’s bauxite and alumina business.

• International Paper’s former chief financial officer Marianne Parrs is returning to the company’s top finance job. Parrs joined the company in 1974 as a pension trust investment manager, rising to senior vice president and CFO in 1995. Most recently, she was responsible for information technology and International Paper’s supply-chain improvement project.

• Tenet Healthcare Corp. promoted Jeffrey S. Sherman to vice president and treasurer, reporting to chief financial officer Robert S. Shapard. He succeeds Scott Kellman, who left the Dallas-based company in May. A 15-year Tenet veteran, Sherman had been serving as vice president of finance in the company’s Texas-Gulf Coast region since 2003.

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• Domino’s Pizza named David Mounts executive vice president of finance and chief financial officer. He succeeds Harry J. Silverman, who is retiring after more than 20 years with the company. Mounts joined the Ann Arbor, Michigan-based pizza chain from UPS Inc., where he worked since 1983, most recently as corporate controller of U.S. operations. He also served a stint as the finance chief of the UPS Supply Chain Solutions Group.

• Outback Steakhouse Inc. appointed Dirk A. Montgomery senior vice president and chief financial officer. Before joining the Tampa, Florida-based restaurant chain, Montgomery was retail senior financial officer for ConAgra Foods.

• Cambridge, Massachusetts-based Akamai Technologies Inc. named J. Donald Sherman chief financial officer, succeeding Robert Cobuzzi, who will retire. Sherman, now vice president and CFO of the IBM Systems and Technology Group, will join Akamai next month in an interim position, as senior vice president and CFO-elect, before he officially assumes the top finance position in early 2006.

• TCF Financial Corp., based in Wayzata, Minnesota, named president and chief operating officer Lynn A. Nagorske to the post of chief executive officer, effective January 1. He will succeed William A. Cooper, who is retiring. Nagorske joined TCF in 1986 as senior vice president and controller of TCF Bank and was treasurer and chief financial officer of TCF from 1988 to 1993. The company also named executive vice president and chief financial officer Neil W. Brown as president and CFO.

• Cell-phone distributor Brightpoint Inc. tapped acting chief financial officer Anthony W. Boor as its new CFO, also naming him senior vice president, and treasurer. Boor, who joined the Plainfield, Indiana-based company in 1998, was senior vice president and CFO of the Brightpoint Americas division since 2001 and became acting finance chief of the parent company in June.

• Minneapolis-based glass products developer Apogee Enterprises Inc. has named vice president of strategy and planning James S. Porter as its chief financial officer. Porter, who had served as interim CFO since July, joined the company in 1997 as assistant controller. Previously, he was vice president of finance and controller of Rollerblade.

• Christopher G. O’Meara is stepping down as executive vice president and chief financial officer of Palo Alto, California-based Tibco Software Inc. after eight years with the company. He will be succeeded by executive vice president of strategic operations Murray D. Rode, who will retain his current duties.

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