CFOs on the Move

ITT; Monarch Casino and Resort; BroadVision; Oscient Pharmaceuticals; RenaissanceRe; Teton Energy, DMS Health Group; GreenLeaf Genetics; Scientigo;...
Marie LeoneMay 25, 2006

• ITT Industries has named Janice Klettner chief accounting officer. Klettner joins the technology manufacturer from Avon Products, where she was corporate controller and vice president of enterprise risk management; she began her career at Coopers and Lybrand.

• Monarch Casino and Resort, owner of the Atlantis Casino in Reno, Nevada, has appointed Ronald Rowan chief financial officer, effective June 19. He succeeds Ben Farahi, who resigned from the company earlier this month. Before joining Monarch, Rowan served as CFO and corporate secretary of Aristocrat Leisure.

• BroadVision has announced the resignation of chief financial officer William Meyer, who is leaving the web technology provider to pursue other career opportunities. Chairman and chief executive officer Pehong Chen will assume the CFO role on an interim basis until BroadVision names Meyer’s successor.

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• Philippe Maitre, former deputy chief financial officer of Aventis, has joined Oscient Pharmaceuticals as senior vice president and CFO. He succeeds Stephen Cohen, a 25-year veteran of Abbott Laboratories who is retiring after five years at Oscient. While at Aventis, Maitre also served as corporate controller and treasurer. In addition, he has held several senior positions at Rhone-Poulenc, served as the finance chief of PPD, and was president and CEO of Anosys.

• RenaissanceRe Holdings has named Fred Donner executive vice president and chief financial officer. He succeeds John Lummis, who is retiring, effective June 30. Donner joins the reinsurance company after a 22-year career at KPMG, where he most recently served as senior audit partner and national insurance practice leader.

• Oil company Teton Energy has hired Bill Pennington as executive vice president and chief financial officer. Previously, he held several positions at Inland Resources including president, CFO, and director; Pennington held those same positions at Lomax Exploration, which merged with Inland in 1994. Pennington has also been an auditor and consultant with Coopers and Lybrand and with Arthur Young.

• Stacie Heiden has been hired as chief financial officer of DMS Health Group, a diagnostic imaging and equipment provider. Most recently, Heiden served as finance chief of Innovis Health; earlier, she was an operations finance director for Banner Health System.

• Dawn Judkins has been named chief financial officer of GreenLeaf Genetics, a biotech licensing joint venture of Syngenta and DuPont subsidiary Pioneer Hi-Bred International. Previously, Judkins worked in Pioneer’s corporate finance department in various capacities, including business decision analysis, corporate accounting, and budgeting and planning.

• Scientigo, owner of Internet search engine, has tapped Dennis Bunt as chief financial officer, effective June 5. He succeeds Mickey Clark, who is leaving to pursue other professional opportunities. Bunt, the former finance chief of Authentidate Holdings, has held senior executive positions at The Michaels Group, Mechanical Technology, and General Electric’s Silicones Division and was a senior auditor with KPMG.

• Biotechnology company Ceres has named Patrick McCroskey chief financial officer. Most recently, McCroskey was vice president of business development at Diversa. He has also served as vice president of finance and strategic planning for Intarsia, a joint venture between Dow Chemical and Flextronics, and held various technical and business positions with Dow.

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