CFOs on the Move: Week Ending February 16

Northrop Grumman, Novell, 3D Systems, LBI Media, SST, New England Media Group, AgION Technologies, Grubb & Ellis, Golden Star Resources, Securities...
Sarah JohnsonFebruary 15, 2007

Northrop Grumman has named James Palmer vice president and chief financial officer. He succeeds Wesley Bush, who was promoted to president and chief operating officer. Palmer will start his new job in March after leaving Visteon as executive vice president and CFO. Previously, he was president of Boeing Capital, senior vice president and CFO of McDonnell Douglas, and partner at Ernst & Young. Visteon has tapped chief accounting officer and corporate controller William Quigley to succeed Palmer.

• Novell has appointed Dana Russell as CFO. Russell had been serving as interim CFO since June 2006. Previously, Russell held a variety of financial roles at Novell, including vice president of finance and corporate controller. Before joining the software company in 1994, Russell held financial positions at WordPerfect, Iomega, and Price Waterhouse.

• Fred Jones has resigned as vice president and CFO of 3D Systems Corp. Gerald Pribanic will serve as interim vice president and CFO until the company finds a permanent replacement. Pribanic is a partner with executive services firm Tatum, and he previously served as senior vice president and CFO of Milliken & Co. and executive vice president and CFO of Maytag.

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• William Keenan has resigned as CFO of LBI Media. Executive vice president and secretary Lenard Liberman has been appointed CFO.

• Silicon Storage Technology has appointed its corporate controller, William Kinzie, as acting chief financial officer. SST is searching for a permanent CFO. Before joining the company in 2005, Kinzie was vice president of finance at OK International and corporate controller and chief accounting officer for TAB Products.

• The New England Media Group has named Christopher Pircio CFO. He is currently the executive director of financial planning and analysis for the company, which includes The Boston Globe. Pircio replaces George Barrios, who was promoted to treasurer of The New York Times Co. Before joining the media group in 2000 as an accounting manager, Pircio worked on auditing and management advisory services for Landa & Altsher.

• Paul Boyer has joined AgION Technologies as CFO. He was previously CFO and vice president of new market development at Solicore. He has also held senior management roles at Britesmile, Dynatec, and Mrs. Field.

• Grubb & Ellis Co. has appointed Richard Pehlke as executive vice president and CFO. Don Olinger, who has served as interim CFO for more than a month, will continue to be senior vice president and chief accounting officer. Most recently, Pehlke spent three years in Hudson Highland Group’s finance department. In addition to operating his own consulting business, he has held the titles of executive vice president and CFO of ONE; vice president, treasurer and vice president of investor relations at Ameritech Corp.; director of investor relations at Household International; and director of investor relations, financial planning, and financial reporting at Beatrice Cos. He serves on the boards of Edward Health Services Corp., Ideal Industries, and Valparaiso University.

• Golden Star Resources has appointed Tom Mair as senior vice president and CFO. Previously, Mair worked at Newmont Mining Corp. in a number of roles, including director of business process improvement.

• The Securities and Exchange Commission has named Joseph Ucuzoglu senior adviser. He will work in the Office of the Chief Accountant, where he has been working as a professional accounting fellow. He has primarily focused on a variety of accounting and reporting matters including accounting for stock-based compensation, revenue recognition, income taxes, and business combinations. Previously, Ucuzoglu was a senior manager with Deloitte & Touche.

• Infineon Technologies has appointed Rudiger Andreas Gunther as CFO and labor director, effective May 1. He will begin his term on the company’s board on April 1. He was previously the financial director and management spokesman of CLAAS KGaA, Harsewinkel. Peter Fischl, who has worked at Infineon since its inception in 1999, is retiring as CFO.

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