CFOs on the Move

The New York Times; SBC Communications; Fannie Mae; Smith Barney; Hewitt Associates; 99 Cents Only Stores; 7-Eleven; Winnebago Industries; Imation;...
Lisa YoonNovember 18, 2005

• Roland Caputo, vice president of circulation fulfillment services at The New York Times, was promoted to vice president and CFO of the newspaper effective January 1. Caputo replaces Liam Carlos, who has been named controller for the newspaper.

Caputo has been vice president of circulation fulfillment services since 2001. He’s been with the Times since 1986, when he joined as financial analyst. Carlos was named vice president and CFO in 2000 after serving as assistant controller since 1999. He joined the paper in 1980.

• SBC Communications Inc., the San Antonio-based telecom that is buying AT&T, announced the senior management team that will lead the company when the acquisition is completed later this month. At that time, SBC will adopt AT&T Inc. as the new company name. The CFO of the new company will be current SBC senior executive vice president and CFO Rick Lindner. Lindner assumed his role at SBC in 2004, after serving as finance chief of Cingular Wireless.

• Fannie Mae named former MCI finance chief Robert Blakely as the mortgage lender’s CFO. Blakely was CFO at MCI since 2003, when he was brought on by then-WorldCom to help lead the company’s turnaround after its bankruptcy.

Blakely will take over from interim CFO Rob Levin, who was named to the new post of chief business officer, in which he’ll oversee and integrate the single-family business, portfolio business, and housing and community development business. Levin joined Fannie Mae in 1981 and has held positions that included senior vice president of corporate finance.

• Smith Barney named Stacy Brandom CFO of its Global Private Client group. Brandom has been with JPMorgan Chase for the past two decades, most recently as finance chief of its corporate division. At Smith Barney, she’ll report to Mark Joiner, CFO of Citigroup Wealth Management, and Charlie Johnston, president and CEO of Smith Barney’s Global Private Client Group. Global Wealth Management is a business of Citigroup Inc. and comprises The Citigroup Private Bank, Citigroup Investment Research, and Smith Barney Global Private Client Group.

• Human resources consultancy Hewitt Associates Inc. appointed John Park CFO effective November 21. Park joins the Lincolnshire, Illinois-based company from Orbitz Inc., where he was finance chief and acting president. His background also includes finance positions at Sears, Roebuck and Co. and PepsiCo.

• City of Commerce, California-based 99 Cents Only Stores appointed Rob Kautz executive vice president and CFO. Kautz most recently served as CEO and CFO for a private start-up in the food production and distribution business. Before that he was CFO and later chief executive officer of both Wolfgang Puck Casual Dining and Wolfgang Puck Worldwide for six years.

• 7-Eleven Inc. senior vice president and CFO Edward Moneypenny is retiring. Moneypenny joined the Dallas-based company in 2002. Replacing him will be Stanley Reynolds, who is currently vice president of corporate planning and treasurer. Further, president and CEO Jim Keyes retired. Keyes was CFO of the convenience chain before becoming chief operating officer. He became head of the company in 2000.

• Winnebago Industries Inc. named Sarah Nielsen vice president and CFO. Nielsen joined the Forest City, Iowa-based RV maker in August as director of special projects and training. She had previously been senior manager of assurance advisory services at Deloitte & Touche LLP. She takes over from president Ed Barker, who will go back to day-to-day management of the company.

• Computer-disk maker Imation Corp. promoted corporate controller Peter Koehn to vice president status. Koehn joined the Oakdale, Minnesota-based company in 2000 as division controller for Data Storage and Information Management and was named corporate controller in 2004.

• Chris Dunn was promoted to CFO of Covad Communications Group Inc. Dunn joined the San Jose, California-based voice communications technology in May as vice president of financial planning and analysis. Before that, he served as chief operating officer and CFO at Santa Cruz Networks, a venture-backed communication-services company. At Covad, Dunn replaces John Trewin, who is leaving to pursue other opportunities.