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CFOs On The Move (Europe): Week Ending March 13

Shell, Sanofi-Aventis, Deutsche Post, Hapag-Lloyd, Axel Springer, Norsk Hydro, Cattles, Mazda, Savills, Asos, Puma, Intercell, Evotec
John ZhuMarch 13, 2009

Royal Dutch Shell named Simon Henry as its next CFO, succeeding Peter Voser who is set to become the oil giant’s chief executive in July. Henry is currently executive vice president finance in Shell’s core oil and gas production division.

Sanofi-Aventis has appointed Jérôme Contamine as CFO, who takes over from interim CFO Laurence Debroux, who held the position for two months after Jean-Claude Leroy resigned. Contamine has been chief financial officer of Veolia Environment since 2000.

Deutsche Post named Lawrence Rosen its new CFO to replace the outgoing John Allan, who recently became chairman of DSG International. Rosen, who currently heads finance at dialysis specialist Fresenius Medical Care, has been with FMC since moving from French drugs company Aventis in 2003.

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Peter Ganz will be appointed new CFO of German shipping company Hapag-Lloyd two weeks before the carrier is due to be sold by its German parent TUI. He replaces Maarten Henderson, who stepped down after just five weeks. Ganz, director corporate finance at TUI since September 2007, was closely involved in the €4.5 billion sale of Hapag-Lloyd to a Hamburg-based investor group.

German publisher Axel Springer named former ProSiebenSat1 Media CFO Lothar Lanz as its new chief financial and operating officer. He succeeds Steffen Naumann, who agreed with Axel Springer’s supervisory board not to extend his contract. Lanz is currently co-chairman of the board of Munich-based email marketing service provider E-Circle.

Norsk Hydro’s energy division chief executive Joergen Arentz Rostrup has been picked as the aluminium group’s new CFO. Current CFO John Ove Ottestad will step down from the board and assume a new role as advisor to the president and chief executive.

Cattles has suspended its group finance director, James Corr, as well as Peter Miller, finance director at the subprime lender’s Welcome Financial Services division, as it warned that internal accounting failings uncovered during an investigation by auditors may lead to the British subprime lender breaching its banking covenants. Cattles also revealed that the promotion of Robert East, its incoming finance director, has been postponed. Two other directors have also been suspended pending the outcome of the audit.

Mazda Motor Europe has announced that Jeffrey Guyton, currently vice president and CFO, has been appointed president and CEO of the carmaker with immediate effect. He replaces James Muir, who has decided to take up a new appointment outside of Mazda.

UK real-estate adviser Savills had appointed Simon Shaw as new CFO following the departure last month of Mark Dearsley. Shaw held the CFO post at Gyrus Group from 2003 until its sale to Olympus in 2008.

British online clothing retailer Asos said Nick Beighton has been appointed finance director with effect from April 27, while current finance director Jon Kamaluddin will become international director after a handover period.

Puma’s CFO Dieter Bock will resign from his position effective August 1st due to personal reasons. At the same time, Klaus Bauer will assume the newly-created post of chief operation officer of the sportswear company, responsible for finance, controlling, legal, operations, logistics, IT, and human resources.

Austrian vaccine developer Intercell has appointed Reinhard Kandera as its new CFO. Kandera replaces former Intercell CFO Werner Lanthaler who has been appointed CEO of Evotec.