CFOs on the Move: Week Ending February 27

Nanometrics, DineEquity, ACE Sushi, Nasdaq, ARCA, A.P. Pharma, Mzinga, Standard Pacific, American TeleCare, HearUSA, Scott's Liquid Gold, Dominion ...
John Zhu and Kate PlourdFebruary 26, 2009
  • Nanometrics has hired James Moniz as its CFO. Since April 2008 he had served as CFO of Photon Dynamics, Inc. He was also treasurer, CFO, and assistant secretary at Nextest Systems, and vice president and CFO of Millennia Vision.
  • The casual dining restaurant chain DineEquity, Inc. has hired Jack Tierney as its CFO. The company’s corporate controller, Greggory Kalvin, who has served as interim CFO, will resume his previous role. Tierney most recently served as CFO of Dial Corporation, where he worked since 1999.
  • Sushi purveyor ACE Sushi has promoted Gary Chin from controller to chief financial officer. Before joining ACE in 1992 he was a senior project manager for a $2 billion investment firm in China.
  • Nasdaq CFO David Warren announced he will step down this July. He joined the stock exchange in 2001, moving over from the Long Island Power Authority.
  • Former Amgen CFO Kathryn Falberg has been hired as chief operating officer and CFO of the biopharmaceutical company ARCA Biopharma Inc. Falberg spent about 10 years at Amgen, moving through the ranks to the CFO spot. Since 2003 she has served as president of the investment and consulting firm Canyon Capital & Consulting.
  • Pharmaceutical company A.P. Pharma, Inc. has hired John Whelan as vice president of finance and CFO. Whelan replaces Gregory Turnbull, the company’s interim CFO, who is a director and a member of the board’s executive committee  Whelan was previously CFO and chief operating officer of Raven Biotechnologies.
  • Mzinga, the on-demand social software solutions company, has hired Lisa Mastrangelo as its CFO and senior vice president of finance. Mastrangelo comes to the company from Centive, Inc., where she was CFO until it was acquired by Xactly. She also previously served as vice president of operations at Houghton Mifflin.
  • Homebuilder Standard Pacific Corp. has named John Stephens as CFO. He has worked at Standard Pacific since 1996, when he started as corporate controller. Stephans was promoted to vice president in 2002 and senior vice president in 2007.
  • Michael Brodeur has joined American TeleCare Inc. as CFO. Most recently Brodeur served as the CFO of Medical CV, Inc., a developer and manufacturer of laser-based surgical devices.
  • Frank Puñal has been promoted to CFO of the hearing care company HearUSA. Formerly the company’s chief accounting officer, he replaces Gino Chouinard, who will now serve as chief operating officer.
  • Household and skin-care products company Scott’s Liquid Gold has promoted Brian Boberick to CFO and treasurer. He had been controller and credit manager, holding both positions since 2000.
  • Thomas Chewning is retiring from his position as CFO of Dominion Resources after 22 years with the company. Mark McGettrick, president and chief executive officer of Dominion Generation, will succeed him in the CFO role.
  • Anadarko Petroleum Corporation has promoted CFO and finance vice president Al Walker to chief operating officer. He replaces Karl Kurz, who is leaving the company. Walker formerly served as president, CFO, and a director of 3TEC Energy Corporation.
  • Jeffrey Komatz has been hired as CFO of Protein Discovery, Inc., a life sciences company. Komatz was previously corporate controller at RTI Biologics. He also served as vice president and corporate controller at Tutogen Medical, Inc.
  • RBS has appointed Nathan Bostock as head of restructuring and risk. Bostock, a former colleague of RBS chief executive Stephen Hester and the current CFO of Abbey National and Alliance & Leicester, will join the group in June. He will take charge of the newly created non-core division of RBS, which includes assets potentially covered in the newly announced government asset protection scheme, and for the risk and legal functions within RBS.
  • Dutch financial services group ING announced HBSC’s Patrick Flynn as its new CFO. Flynn is currently CFO of HSBC’s global insurance business. He replaces John Hele, who announced his resignation in October and will relocate to the United States for family reasons and take up the post as CFO of Arch Capital Group.
  • Euler Hermes, a member of the Allianz Group, has appointed Wilfried Verstraete as its new CEO. Verstraete, currently CFO of Allianz Global Corporate & Specialty, will take up the post when the current chief executive Clemens von Weichs becomes CEO of Allianz Re in April 2009.
  • Ola Salmén has been named CFO at the Swedish engineering group Sandvik. He is to begin at his new post on September 1, replacing Per Nordberg who is leaving to pursue other opportunities. Salmén is currently CFO at Vin & Sprit, which was bought from the Swedish government by French alcoholic drinks group Pernod Ricard in 2008.
  • Olav Sandnes, CFO of Norwegian video games developer Funcom, has resigned after the company reported a $23.3 million loss for its fourth quarter. He will remain at the company until a replacement is found, at which point he will “take up a new position in a different industry.”
  • Nikolaos Paraskevopoulos has been appointed CFO of Bulgarian mobile phone operator Globul. He had headed finance at Zeus Capital Partners, a joint-venture fund providing equity financing for residential development in southeastern Europe.
  • Russia-based insurer AlfaStrakhovanie announced that Vera Volkun is its new CFO. She held various positions at Arthur Andersen and Ernst & Young before joining AlfaStrakhovanie in 2002 as the head of internal control department.