CFOs on the Move: Week Ending February 13

Textron, Lattice, Cardinal Gas, Global Telecom & Technology, Denbury, Weidlinger, Apartment Investment, Dynamic Gold, Animus, Private Bancorp, GEO,...
John Zhu and Kate PlourdFebruary 12, 2009
  • Textron CFO Ted French has left after nearly nine years at the defense company. Textron Financial Corporation now reports to the company’s COO and president Scott C. Donnelly. French was chairman and CEO of TFC as well as the parent company’s finance chief. Senior vice president and controller Richard Yates has been named acting CFO.
  • Michael Potter has been appointed CFO and corporate vice president of Lattice Semiconductor, effective February 17. Potter’s most recent job was CFO at Neophotonics Inc. He also headed finance at STATS ChipPAC LTD, a Singaporean semiconductor test and packaging service provider.
  • Cardinal Gas Storage Partners has hired Daniel Hannon as its first CFO. Hannon previously ran finance for Green Earth Fuels and Range Fuels, and he served as senior vice president of finance and corporate development at Reliant Energy.
  • Eric Swank has been appointed CFO of Global Telecom & Technology, where he’ll oversee global financial functions and financial operations, reporting and controls, audit and tax, and financial planning and analysis. Swank has worked in financial management positions in the telecom industry for almost 20 years. Most recently he was senior vice president of finance at Mobile Satellite Ventures.
  • The oil and gas developer Denbury Resources has promoted its CFO Phil Rykhoek to succeed chief executive officer Gareth Roberts, who is stepping down. The company’s chief accounting officer, Mark Allen, will take over as CFO.
  • The international engineering company Weidlinger Associates has created a CFO position and appointed Rimma Zaleznik to fill it. Zaleznik was previously responsible for oversight of accounting at Telcordia Technologies.
  • Tom Herzog is resigning as CFO of the real estate investment trust Apartment Investment and Management Co. David Robertson will assume the CFO role in addition to his existing ones of president and chief investment officer.
  • Dynamic Gold Corp has appointed Gordon Steblin as its CFO. Steblin, who most recently served as CFO of Alberta Star Development Corp. and Freegold Ventures Limited, replaces Chantal Schutz. Schutz is resigning to pursue other business interests. Past CFO stints for Steblin included Pacific North West Capital Corp, El Nino Ventures, and CanAlaska Uranium.
  • Germaine Gibbs has been appointed CFO of Animus Solutions Inc. Gibbs comes to the IT investment consulting company from the University of South Florida, where she taught corporate finance. Gibbs has also served in financial positions at Eckerd Corporation.
  • Dennis Klaeser, CFO of Private Bancorp, is leaving the company in March. He’ll be replaced by Kevin Killips, who most recently served as chief accounting officer and corporate controller with Discover Financial Services. Before coming to Discover in March 2008, Killips was at LaSalle Bank for 10 years, serving as North American chief accounting officer and corporate controller.
  • The correctional, detention, and residential treatment services company GEO Group announced that its CFO John O’Rourke will retire after 18 years. Brian Evans, current vice president of finance and treasurer, will succeed him. Evans joined GEO in 2000.
  • Premier Business Centers has hired former Merrill Lynch vice president William Gutierrez as its CFO. For the past nine years at the investment bank, taken over by Bank of America last fall, Gutierrez was in charge of the disposition of excess office space throughout the country and handled the company’s real estate portfolio of more than 200 offices.
  • London-based law firm Linklaters has recruited Peter Hickman as its chief financial officer. He was previously with HBOS for four years, serving in roles including director of group finance and group risk director, and spent eight years at Ernst & Young before that. He replaces former CFO Nick Heywood-Waddington, who retired late last year.
  • Italian cooperative bank Banco Popolare named Maurizio Faroni chief financial officer. Faroni will report to chief executive Pier Francesco Saviotti. He was previously managing director of the bank’s investment bank subsidiary, Banca Aletti.
  • Marston’s, a U.K. pub company, named Andrew Andrea as group finance director effective March 31. He joined Marston’s in 2002, and is currently commercial director for both Marston’s Pub Company and Marston’s Beer Company. Current CFO Paul Inglett is leaving to pursue other opportunities.
  • Swedish clothing retailer RNB has appointed Gunnar Bergquist as its new CFO. He was previously finance director at food retailer Coop Sweden and replaces Göran Blomberg, who is the new CFO of Hakon Invest.
  • Mike Hannant, finance director for British semiconductor maker e2v Technologies, is planning to step down after 17 years.


4 Powerful Communication Strategies for Your Next Board Meeting