CFOs on the Move: Week Ending January 16

Pioneer Drilling, Camco, Schiller International, Hudson, Stockhouse, Bazaarvoice, RMT, Village Farms, Barnes, Columbia Sportswear, Northern Rock, I...
Kate Plourd and John ZhuJanuary 15, 2009

• Lorne Phillips has been appointed CFO of Pioneer Drilling Company, effective February 1. For the 10 ten years Phillips has worked at Cameron International Corporation, most recently vice president and treasurer.

• Camco Financial Corporation has promoted James Brooks CFO and treasurer. He’ll also hold the same positions for a Camco subsidiary, Advantage Bank. Brooks has been with the company since 2007 as chief audit officer, overseeing the bank’s internal audit, security, compliance, and loan review functions.

• The global education system Schiller International University, based in Largo, Florida, has tapped William Kline as its CFO. Kline formerly headed finance at the life sciences company Bioheart Inc, which he helped take public. He was also senior vice president of finance at Wildcard Systems Inc.

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• The Hudson Companies has appointed Douglas Scala as its finance chief. Scala was most recently senior vice president of commercial lending at Bank of America in Providence, Rhode island. He also led the corporate lending and asset-based lending departments.

• Joseph Lee will replace CFO Susan Lovell at the financial media company Stockhouse Inc. Lovell will continue to serve in a senior financial advisor role. Lee’s most recent position was CFO of Digital Payment Systems, a company that assembles high-tech parking meters. He was oversaw finance for Costal Contacts.

• Bazaarvoice has appointed Ken Saunders as its new CFO. Before joining the social commerce applications company he ran finance for enterprise software company Open Solutions. He has also been CFO of Peregrine Systems, HNC Software, and Fair Isaac, which acquired HNC in 2002.

• The energy and environment company RMT Inc. has hired Tracy Pearson as its CFO and vice president. Her most recent position was CFO for GE Healthcare’s Diagnostic Imaging Services business.

• Stephen Ruffini has been appointed CFO and senior vice president of produce company Village Farms. Previously Ruffini served as CFO and chief operating officer of Performing Brands Inc., which makes skin and tanning products.

• Diversified global manufacturer and logistical services company Barnes Group has named Christopher Stephens to the positions of chief financial officer and senior vice president of finance. Stephens comes with 20 years experience at Fortune 500 companies. He was most recently president of Honeywell Consumer Products Group and also served as CFO of Honeywell’s transportation systems business. Barnes Group’s acting CFO, Francis Boyle, has been appointed vice president of finance and chief accounting officer.

• Columbia Sportswear has promoted its chief accounting officer, Thomas Cusick, to CFO. Cusick started with the company in 2002 as corporate controller. In the top finance chair he succeeds Bryan Timm, who was promoted to chief operating officer last May.

• Ann Godbehere, CFO of Northern Rock, has resigned after serving less than a year at the collapsed U.K. bank. Godbehere was appointed following the bank’s nationalization, and her tenure was for the initial phase of the public sector ownership only.

• Iberdrola Renovables, the renewable energy subsidiary of the Iberdrola group, has announced that Jose Rodriguez will be its new CFO starting January 23. Rodriguez was most recently CFO of Indra Sistemas since December 2000. The current CFO, Estanislao Rey-Baltar, has been promoted to deputy CEO.

• Herman Agneessens, chief financial and risk officer of Belgian financial services group KBC Group, has announced his retirement after 37 years with the company. The exit will come following the company’s annual meeting on April 30. Agneessens’s successor will be Luc Philips, currently chairman of subsidiary KBC Insurance.

• U.K. housebuilder Barratt Development’s finance director, Mark Pain, has decided to leave the company and step down from the board on June 30, the end of the company’s fiscal year. A recruitment process for a replacement is underway.

• Aegon’s Jos Streppel announced he will retire at the next annual shareholders meeting in April after 10 years as CFO of the Dutch insurer. He will be succeeded by Jan Nooitgedagt, currently Ernst & Young’s managing partner for Belgium and the Netherlands.

• The Finance Director of London-based investment banking boutique Blue Oar, Peter Joy, has resigned along with three other directors. This follows the hostile takeover of Blue Oar by Evolve Capital, formed by Blue Oar founder Edward Vandyke, who had earlier called for an EGM to oust the directors.

• U.K. property-search company Rightmove has announced that its group finance director, Graham Zacharias, will step down after three years. Rightmove is merging its finance function and other head-office functions with its main property advertising business. Nick McKittrick, currently managing director of Rightmove’s online property advertising business, will become the new chief operating officer and finance director.

• Stine Rolstad Brenna has been appointed as the new CFO of Norwegian property developmer Scandinavian Property Development. She succeeds Nina Hammerstad, who became acting CFO in October.