CFOs on the Move

Interpublic Media; Deere; Whirlpool; Hyperion; Viacom; Royal Caribbean Cruises; Gannett; Wilsons The Leather Experts; Atrium Cos.; Webroot Software...
Lisa YoonJanuary 13, 2006

• Interpublic Media, the media operation of advertising giant The Interpublic Group, appointed Terri M. Santisi chief financial officer. Santisi has served as executive vice president and general manager of EMI Music North America and CFO of EMI Music Publishing Worldwide. Most recently, she led the media and entertainment practice of KPMG LLP.

• Moline, Illinois-based manufacturer Deere & Co. named
Michael J. Mack Jr. senior vice president and chief financial officer. Mack has been with Deere since 1986, most recently as vice president and treasurer.

• Home appliance manufacturer Whirlpool Corp. appointed corporate vice president and controller Ted Dosch to the position of corporate vice president of finance in the Project Management Office, which manages the planning and integration of the anticipated Maytag acquisition. Dosch joined Whirlpool as an accounting manager in 1986. Vice president of investor relations Larry Venturelli will succeed Dosch as vice president and controller; he served as assistant corporate controller of the Benton Harbor, Michigan-based company from 2002 to 2004.

How Startup CFO Grew Food Company 50% YoY

How Startup CFO Grew Food Company 50% YoY

This case study of JonnyPops’ success highlights the unusual financial and operational strategies that enabled rapid expansion into a crowded and highly competitive frozen treat market. 

• Santa Clara, California-based Hyperion Solutions Corp. announced that Robin L. Washington will join the software company as chief financial officer. Most recently, Washington was senior vice president of finance and corporate controller for PeopleSoft Inc. Earlier in her career, she was a senior auditor for Deloitte & Touche, an accounting analyst for the Federal Reserve Bank of Chicago, and director of finance for Tandem Computers.

• James Bombassei was named senior vice president of investor relations of Viacom Inc., reporting to chief financial officer Michael J. Dolan. Bombassei joined the former Viacom in 1992, where he worked in the treasury and corporate financial planning departments before becoming vice president of IR in 2000.

• Vance Johnston was named vice president of corporate strategy for Miami-based Royal Caribbean Cruises Ltd., reporting to chief financial officer Luis Leon. Johnston was previously vice president of strategic planning and development for OfficeMax Inc. Earlier, he held senior executive positions in strategic planning, operations, and finance with companies including Burger King.

• Leslie Sears was appointed an assistant controller of Gannett Co. Inc., which publishes USA Today.. Sears, who joined the McLean, Virginia-based company in 1998, most recently held the position of director of consolidation accounting and financial reporting.

• Minneapolis-based retailer Wilsons The Leather Experts Inc. promoted vice president of finance and treasurer Stacy A. Kruse to chief financial officer and treasurer. She replaces Peter G. Michielutti, who resigned as executive vice president, CFO, and chief operating officer. Kruse joined Wilsons Leather in 2001 from US Bancorp.

• Window manufacturer Atrium Cos. Inc. awarded executive vice president Madhusudan A. Dewan the additional title of chief financial officer. Since October, Dewan has served the Dallas-based company in a strategic financial advisory role; previously, he was group controller of the structural solutions group of Dana Corp.

• Boulder, Colorado-based Webroot Software Inc., an anti-spyware software provider, named Joshua Pace chief financial officer. Michael Irwin, who has served as CFO since 2004, will assume the role of chief operating officer. Previously, Pace served as senior vice president and CFO of Openwave Systems.

• The White House announced President Bush’s intention to nominate Robert M. Couch of Alabama to be president of the Government National Mortgage Association (GNMA, but better known as Ginnie Mae). Before stepping into his current role as president and chief executive officer of New South Federal Savings Bank, Couch was general counsel and chief financial officer at First Commercial Bancshares Inc.