CFOs on the Move: Week Ending April 18

First National Bank, CPI, East West Bancorp, Kaiser Aluminum, International Rectifier, Softscape, bSocial Networks, Matrix Service, Nordea, AXA UK,...
Laura Cameron and Kate PlourdApril 17, 2008

• Tito Lima has returned to his position as CFO of First National Bank, after serving three years as CFO of Sterling Financial Corp. He will also serve as FNB’s treasurer. He has been in the finance industry for 23 years.

• CPI Corp.’s finance chief, Gary Douglass, was named president and CEO of Pulaski Financial Corp. Dake Heins will take over the finances at CPI as its senior vice president and CFO. Heins joined CPI in 1987 and most recently served as vice president of finance, controller, and principal accounting officer.

• Thomas Tolda has been named executive vice president and CFO of East West Bancorp Inc., the parent company of community bank East West Bank. Tolda spent the past nine years as executive vice president and CFO of Wells Fargo’s consumer credit group.

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• Kaiser Aluminum’s CFO, Joseph Bellino, has left the aluminum product maker to pursue other interests. Daniel Rinkenberger, Kaiser’s vice president of economic analysis and planning from 2002 to 2005, will take over as CFO.

• Peter Knepper was named acting CFO for International Rectifier Corp., nine months after the El Segundo, Calif.-based company fired longtime CFO Mike McGee. Linda Pahl, who has been serving as the company’s acting CFO, will remain in a consulting position. The semiconductor company’s board has initiated a search for a permanent CFO.

• People management software company Softscape has hired William G. Brown as its CFO to oversee the finances and lead its strategic human capital management as the company moves into an aggressive growth phase. Brown was most recently CFO and treasurer at Authoria Inc. He also held the position at ChannelAdvisor Corp. and Lightbridge Inc.

• Brian Williams was named CFO at software company bSocial Networks Inc. Williams is part of a new executive team the company developed to aid in a rapid growth period. He has previously been CFO of venture-backed companies such as Ambeo and MedSimulation.

• Matrix Service Co. has appointed Thomas E. Long as its CFO and vice president to succeed former CFO Les Austin. Long, who was most recently vice president and CFO of DCP Midstream Partners, will be responsible for strategic leadership and management direction at the industrial construction company. Among his past roles were executive positions at subsidiaries of Duke Energy Corp. in Denver, Ecuador, and Saudi Arabia.

• Education company School Specialty has named David Vander Ploeg as its executive vice president and CFO, starting April 21. Vander Ploeg comes after serving as chief operating officer of Dutchland Plastics Corp. He has also been CFO and executive vice president of Schnieder National Inc., a transportation and logistics service company, where he worked for 24 years.

• Hiland Partners has appointed Matthew S. Harrison as its CFO, vice president of finance, secretary, and director of Hiland Partners and Hiland Holdings. He joined Hiland in February as vice president of business development and became interim CFO in early April. Before Hiland, he was most recently a director for Wachovia Securities’ energy and power M&A group.

• Swedish bank Nordea has appointed Fredrik Rystedt CFO. He replaces Arne Liljedahl, who will leave by the end of 2008. Rystedt moves from Swedish electronics manufacturer Electrolux, where he was senior vice president and CFO.

• Maso y Guell Rivet has been promoted from CFO of the British arm of French financial services company AXA to CEO of the company’s insurance arm in the U.K. Rivet succeeds Peter Hubbard, who is leaving the group to pursue other interests. Ian Robinson, the group’s risk director, takes over the finance position.

• Kris Hornaert, the M&A manager of Belgian brewer InBev, has been named CFO of Belgian imaging technology group Agfa-Gevaert. He replaces Anne Vleminckx, who is leaving the group to pursue other opportunities.

• Metlife UK has announced that CFO Ed Gardner will take on the new position of CEO.

• Irish ATM company Payzone has appointed group financial controller Nigel Bell as interim CFO. He replaces John Williamson, who was ousted by shareholders at a general meeting last month.

• Leonard Meany, former general manager of Daewoo Automobile Romania, has been appointed CFO of Automobile Craiova — the Romanian state-owned car maker acquired by Ford in March.