CFOs on the Move

Viacom, UnitedHealth Group, Dick's Sporting Goods, Sharper Image, R.J. Reynolds Tobacco, Datawatch, Crown Media Holdings, SunLink Health Systems, A...
Sarah JohnsonNovember 9, 2006

• Viacom has announced that Executive Vice President and Chief Financial Officer Michael Dolan will leave the media giant at the end of 2006. Thomas Dooley, senior executive vice president and chief administrative officer, will assume the CFO duties. Before joining Viacom, Dooley was co-chairman and co-CEO of DND Capital Partners, a private equity firm.

• Patrick Erlandson has resigned as chief financial officer of UnitedHealth Group. The company said Erlandson, who has served as CFO since 2001, will assume operational duties within the company. He will be replaced by senior vice president of finance G. Mike Mikan.

• R.J. Reynolds Tobacco Co. has promoted Andrew Gilchrist to senior vice president of finance and chief financial officer. Gilchrist had been vice president of integrated business management.

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• Jeff Forgan has resigned as executive vice president and chief financial officer of Sharper Image, effective immediately. The retailer made the announcement on Wednesday, the same day it said Tracy Wan, president and chief operating officer, is also resigning. Daniel Nelson, the current senior vice president, controller, and principal accounting officer, has been appointed interim CFO. The company is searching for a permanent finance chief.

• Dick’s Sporting Goods has announced that Michael Hines, executive vice president and chief financial officer, will resign after releasing the company’s year-end earnings, sometime in March 2007. The retailer is searching for a replacement for Hines, who joined the company in 1995.

• Crown Media Holdings, which owns the Hallmark Channel and Hallmark Movie Channel, has appointed Brian Stewart as executive vice president and chief financial officer. Stewart, formerly the senior vice president of finance for Crown Media U.S., has served as interim CFO since his predecessor left on September 30. He joined the company in 2000.

• John Hulburt is resigning as chief financial officer and vice president of finance of Datawatch Corp., effective January 31, 2007. According to a company press release, the resignation is for personal reasons. The software company is searching for Hulburt’s replacement. He served as Datawatch’s CFO for two years.

• SunLink Health Systems has announced that that J. T. Morris is retiring, effective December 31, and is stepping down as chief financial officer immediately. Mark Stockslager, principal accounting officer and controller, will serve as interim CFO.

• Acopia Networks has appointed Maurice Castonguay to executive vice president of finance and chief financial officer. Castonguay has served as CFO of Broadbus Technologies, MatrixOne, Stratus Computer, and Xylogics.

• Lantronix has hired Reagan Y. Sakai as chief financial officer, effective November 15. Prior to joining the technology company, he served as CFO for HyPerformix, VIEO Corp., and Crossroads Systems. He also held various financial positions with Exabyte, Maxtor, McDAT., and StorageTek.

• Southern Union Co. has appointed Richard Marshall as senior vice president and chief financial officer. Marshall succeeds Julie Edwards, who will continue as a senior vice president concentrating on corporate development opportunities. Marshall has been the treasurer of Southern Union since 2001. Previously he served in various financial and regulatory roles for Pennsylvania Enterprises.

• Apria Healthcare Group has named Chris Karkenny executive vice president and chief financial officer, effective November 13. Karkenny most recently served as senior vice president of corporate development and treasury operations for PacifiCare Health Systems, which was sold to UnitedHealth Group in December 2005. He also served as CEO of NetCatalyst, an investment-banking firm, a partner in Technologz, and founder, board member and initial CFO of CardioNow, a health-care application service provider.