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CFOs on the Move

Dow Jones; Bed Bath & Beyond; Journal Register; Skechers; Segway; Technology Research; Standard Management; Innodata Isogen; W.K. Dickson; Dairy Fa...
Lisa YoonJanuary 6, 2006

• Dow Jones & Co. announced that vice president and chief operating officer Richard F. Zannino will become chief executive officer and a director, effective February 1. Zannino joined the publisher of The Wall Street Journal in 2001 as executive vice president and chief financial officer and assumed his current role the following year. Before joining Dow Jones, Zannino held senior finance, strategy, and operating positions at Liz Claiborne Inc., General Signal Corp., and Saks Holdings Inc.

• Bed Bath & Beyond Inc. promoted Eugene A. Castagna to chief financial officer and treasurer. Castagna joined the Union, New Jersey-based retailer in 1994 and most recently served as vice president of finance and principal financial and accounting officer. As CFO, he succeeds Ronald Curwin, who was named to the newly established position of senior vice president of investor relations.

• Julie A. Beck was named senior vice president and chief financial officer of Trenton, New Jersey-based Journal Register Co. She joins the newspaper publisher after serving in similar roles at Norwood Promotional Products Inc. since 2003. Beck assumes finance roles from president and chief operating officer Jean B. Clifton, who was CFO until her promotion last year and has been handling both finance and operations ever since.

• Skechers USA Inc. promoted chief financial officer David Weinberg to chief operating officer. Weinberg had served as CFO of the Manhattan Beach, California-based footwear retailer for 12 years. He’ll be succeeded by board member and audit committee chairman Fred Schneider, who previously was finance chief of private equity firm Leonard Green and Partners LP. Morton D. Erlich will replace Schneider on the board of directors and as audit committee chairman.

• Bedford, New Hampshire-based Segway Inc., which manufactures the namesake “human transporter,” appointed Brian Cohen chief financial officer. Cohen held the same position at PHT Corp.; he has also served as the finance chief of Telebit, Yantra, and WebLine Communications.

• Barry H. Black has joined Technology Research Corp. as vice president of finance and chief financial officer. At the Clearwater, Florida-based maker of electrical safety products, he replaces Scott Loucks, a 20-year company veteran who will become vice president of financial operations, reporting to Black. Previously, Black was vice president and corporate controller of Paradyne Networks Inc., a telecommunications company.

• Standard Management Corp., a provider of pharmaceutical products and services, named Michael B. Edwards chief financial officer. Edwards has been with the Indianapolis-based company almost four years and has served as interim CFO since June 1.

• Content-focused IT services provider Innodata Isogen named Steven L. Ford executive vice president and chief financial officer. Ford previously held the same titles at risk and security services firm Kroll Inc., now a unit of Marsh McLennan. After two years as CFO of Kroll, he served as chief financial and operating officer of Medley Global Advisors LLC, a macroeconomic research firm.

• W.K. Dickson & Co. Inc. named Christopher M. Nugent chief financial officer. Previously, Nugent was director of IT for the Charlotte, North Carolina-based community infrastructure consulting firm for almost 10 years. He spent the last four years heading the development of the firm’s accounting and financial systems.

• Gerald L. Bos has retired as chief financial officer of Dairy Farmers of America Inc. and is now serving the DFA as a consultant. Bos joined Mid-America Dairymen Inc., one of the dairy marketing cooperatives that merged to joined DFA, as corporate vice president of finance and accounting in 1979. He was later named CFO, and he took that same position at DFA after the 1998 merger.