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CFOs on the Move: Week Ending December 5

Martha Stewart, Sears, AstraZeneca, Tri-Artisan Capital Partners, Capital One Bank, Priceline.com, Fair Isaac, Red Hawk Casino, Charlotte Russe, We...
Kate PlourdDecember 4, 2008

• Martha Stewart Living Omnimedia CFO Howard Hochhauser announced his resignation. Controller Allison Jacques will fill in on an interim basis until a successor is found. Hochhauser, with the company since 2000, served as vice president of finance and investor relations before taking the top finance post.

• Sears Holdings Corp.’s senior vice president of finance, Michael Collins replaces CFO J. Miles Reidy effective immediately. Collins came to the company, which operates Sears and Kmart stores, in October in a plan to succeed Reidy.

• AstraZeneca promoted Graham Baker from regional finance director for Asia Pacific to CFO of AstraZeneca North America. Baker, who has been with the company for 13 years, will take the position January 1. Before coming to the international healthcare company, he served as a chartered accountant and tax advisor for Arthur Andersen.

• David Boemo has been appointed managing director and CFO of Tri-Artisan Capital Partners LLC, a privately held merchant bank. Most recently Boemo was the North American CFO and managing director for ABN AMRO.

• Capital One Bank promoted Rob Anderson to CFO of commercial banking. He had been senior vice president of Capital One’s banking finance group. He previously worked at Bank of America as a senior vice president and finance lead on its acquisition of LaSalle.

• Priceline.com moved up CFO Robert Mylod to vice chairman and head of worldwide strategy. Mylod has been with the company for nearly 10 years and served as CFO since 2000. Replacing him in the top finance seat is chief accounting officer and controller Daneil Finnegan. Before Finnegan joined priceline.com in 2004 as chief compliance officer, he served as CFO for CS Technology.

• Charles Osborne, CFO for Fair Isaac Corporation, announced he will retire by the end of July 2009. He has headed finance for the Minneapolis-based company since 2004. Spencer Stuart has been retained to search for a successor.

• Red Hawk Casino named Nick Rodgers as CFO. Rodgers has 28 years of experience in finance positions at casinos nationwide, most recently as contoller of Cache Creek Casino Resort.

• San Diego-based clothing retailer Charlotte Russe has named Frederick Silny as its CFO. Silny was the former finance head of clothing retailer Guess?, CarsDirect.com, and IHOP Corp.

• Wendy’s/Arby’s Group, parent of the nationwide fast-food joints, hired Stephen Hare as CFO. He previously ran finance for Triarc Companies, which completed its merger with Wendy’s in September, since 2007. He became CFO of Arby’s Restaurant Group in June 2006.

• John Patrick Reddy has been appointed CFO of Spectra Energy Corp. He is currently the CFO and senior vice president of Atmos Energy Corporation in Dallas. With 28 years of finance experience in the energy industry, he will start January 1. Before Atmos, he worked at Pacific Enterprises.

• SciClone Pharmaceuticals has appointed Gary Titus as CFO starting December 8. Titus most recently was president of finance and CFO at Kosan Biosciences, before it was acquired by Bristol-Myers Squibb.

• U.K. department store operator Selfridges appointed John Edgar as finance director, following the departure of Phil Clarke. He joins from Woolworths, which was declared bankrupt this week.

• Hubert de Pescidoux, Alcatel-Lucent’s CFO, has stepped down. He will be replaced by Paul Tufano, who will become the company’s third CFO this year. Tufano brings expertise from stints as CFO of Maxtor and Solectron.

• Tandberg Data, a Norwegian technology firm, announced the internal appointment of Nils Hoff as its new CFO. He was previously finance chief of Tandberg Storage.

• Montea, a Belgian logistics company, appointed Peter Verlinde as its new CFO. The finance-chief duties had previously been managed by CEO Frederic Sohet.

• Zürcher Kantonalbank, a Swiss regional bank, has secured the services of Rudolf Sigg as CFO. He replaces Philipp Halbherr, who took charge of the group’s investment banking division in July.