CFOs on the Move: Week Ending August 24

Pfizer, Fannie Mae, Bally’s, YRC Worldwide, NIC, Energy Partners, Teradata, Career Education, Critical Therapeutics, Heritage Financial, PlanetOut.
Kate PlourdAugust 23, 2007

• Pfizer has replaced CFO Alan Levin with the former CFO of Alcatel-Lucent, Frank D’Amelio. Levin resigned from the pharmaceutical company three months ago but has stayed with the company until his replacement was named. D’Amelio, who is currently chief administrative officer at Alcatel-Lucent, served as CFO for five years before Lucent merged with Alcatel late last year.

• Fannie Mae has named former AOL CFO Stephen M. Swad to oversee the finances at the mortgage company, replacing former CFO Robert Blakely. Swad has also served as vice president of finance and administration at Turner Broadcasting System and as a former deputy chief accountant at the Securities and Exchange Commission.

• Bally’s Total Fitness has appointed William G. Fanelli as senior vice president of finance and corporate development and chief financial officer. Fanelli currently serves as the company’s senior vice president of planning and development.

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• Stephen Bruffett has been named as the new finance chief and executive vice president of YRC Worldwide Inc. He will replace Don Garger, who is retiring after serving as CFO for six years. Bruffett is currently the senior vice president of sales and marketing for YRC National Transportation.

• NIC, which provides electronic government services, has promoted its controller Stephen Kovzan to CFO. Kovzan has been vice president of financial operations and chief accounting officer since September 2000, and he will remain in those positions until a replacement is found.

• Energy Partners Ltd. has appointed Joseph Leary as its executive vice president and chief financial officer. Leary has worked in the energy industry for more than 24 years. He most recently served as senior vice president and CFO of KCS Energy Inc.

• Data technologies provider Teradata has named veteran CFO Stephen Scheppmann as executive vice president and chief financial officer of the Ohio-based company. Scheppmann has served as a finance chief for 20 years, as well as 10 years as a public accountant. He was most recently executive vice president and CFO of Per-Se Technologies Inc.

• Michael Graham will oversee the finances at the higher education and college campus chain Career Education as executive vice president, chief financial officer, and treasurer. Graham replaces Patrick Pesch, who currently holds the positions and is retiring.

• Critical Therapeutics has named Thomas Kelly as chief financial officer and senior vice president of finance and corporate development. Kelly’s previous positions include principal at Canaccord Adams, vice president of life sciences investment banking at Robertson Stephens Inc., and associate with law firm Foley, Hoag & Eliot LLP.

• Heritage Financial Corp. has named Donald Hinson as senior vice president and chief financial officer of the company as well as its Heritage Bank and Central Valley Bank subsidiaries, starting in September. For the past two years, Hinson served as vice president and controller of Heritage Bank, and he has held other financial and accounting roles for 13 years.

• Daniel J. Miller will leave his position of finance chief and senior vice president at PlanetOut, the leading global media and entertainment company serving the lesbian, gay, bisexual, and transgender community. Miller, who departs at the end of the month, has driven progress at the company’s investor relations, fundraising and M&A activity. According to the company, Miller is leaving to pursue other interests.