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CFOs on the Move

Gemstar-TV Guide International; Department of Homeland Security; Terex; Navistar; Morton's Restaurant Group; Monster Government Solutions; Greenbri...
Lisa YoonJanuary 20, 2006

• Gemstar-TV Guide International Inc. announced that it has terminated the employment of chief financial officer Brian D. Urban, effective January 18. Urban’s employment agreement with Gemstar was scheduled to expire on June 30, and the company has been searching for a new CFO; in the meantime, chief executive officer Rich Battista will also serve as interim finance chief.

• Andrew Maner, chief financial officer for the Department of Homeland Security since early 2004, said that he will step down on March 3. President Bush reportedly announced that he intends to nominate David Norquist, deputy undersecretary of defense for budget and appropriations affairs, as Maner’s successor.

• Jon Carter was named vice president, controller, and chief accounting officer of Terex Corp., reporting to CFO Phil Widman. Carter has served as acting controller and chief accounting officer for the Westport, Connecticut-based diversified manufacturer since February 2005. Previously, he was chief financial officer of the company’s Aerial Work Platforms Segment; before that, he served as CFO of Genie Industries.

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How Startup CFO Grew Food Company 50% YoY

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• Navistar International Corp. named Heather Kos director of investor relations, reporting to incoming CFO Bill Caton. Kos joined Warrenville, Illinois-based Navistar in 1997 and most recently served as director of truck group strategy at its International Truck and Engine unit.

• Morton’s Restaurant Group Inc. promoted Ronald M. DiNella to chief financial officer. DiNella, a 23-year veteran of the New Hyde Park, New York-based restaurant group, had been serving as senior vice president of finance for Morton’s of Chicago Inc. He succeeds Thomas J. Baldwin, who became chairman, chief executive officer, and president on December 31.

• Monster Government Solutions, the government-agency staffing subsidiary of McLean, Virginia-based Monster Worldwide, named John D. Fink chief financial officer. Previously Fink was a principal of management consulting firm Bristen Consulting; earlier in his career he was with another consultancy, Headstrong Inc., and served as CFO of Intelligent Interactions Corp.

• The Greenbrier Cos., a supplier of transportation equipment to the railroad industry, appointed Joseph K. Wilsted senior vice president and chief financial officer. He succeeds Larry G. Brady, who is retiring. Wilsted joined the Lake Oswego, Oregon-based company in October as senior vice president of operations and corporate development. Earlier, he was vice president and CFO of the Bobcat division of Ingersoll Rand since 2003.

• Eddie Bauer Holdings Inc. announced the departure of chief financial officer Timothy McLaughlin, who had served as senior vice president and chief financial officer for the Redmond, Washington-based retailer since March 2005. Previously, he served as vice president and corporate controller at AT&T Wireless Services Inc. David Taylor, senior managing director of FTI Palladium Partners, is serving as interim CFO while Eddie Bauer searches for McLaughlin’s successor; Taylor was most recently the finance chief of textile manufacturer Guilford Mills Inc.

• Theme park operator Six Flags appointed Jeffrey Speed executive vice president and chief financial officer. He succeeds James Dannhauser, who had previously agreed to stay until April 1. Speed had served as senior vice president and CFO of Euro Disney SAS since 2003; earlier, he was vice president of corporate finance and assistant treasurer for The Walt Disney Co.

• Hilb Rogal & Hobbs Co., an insurance and risk management intermediary, named John Hamerski vice president and controller. Hamerski joins the Richmond, Virginia-based company from Inyx Inc., a specialty pharmaceutical company, where he was chief financial officer. Before that, he was executive vice president and CFO of Access Worldwide Communications Inc.