CFOs on the Move: Week Ending April 17

Genentech, Farmer Mac, Navistar, Epicor Software, Medquist, Equisearch, Empire Resorts, International Flavors and Fragrances, Hostway, Proteolix, U...
Joan UrdangApril 16, 2009

Following the sale of biotechnology company Genentech Inc. to its majority owner, Swiss pharmaceuticals company Roche, David Ebersman, CFO and executive vice president of Genentech, will be leaving the company, effective May 1. He will be replaced by Steve Krognes, currently head of Roche corporate business development.

The Federal Agricultural Mortgage Corp. (Farmer Mac) has appointed Timothy Buzby as CFO. He succeeds William Sandalls, who had been acting finance chief since October 2008. Buzby has been controller of the company since June 2003 and acting treasurer since October 2008. Before joining Farmer Mac, he was CFO of regional residential mortgage lender George Mason Mortgage Corp.

A.J. Cederoth will continue to handle day-to-day accounting and financial responsibilities at holding company Navistar International Corp. following the death of its CFO, Terry Endsley. Prior to taking on these duties at the beginning of the year, Cederoth was vice president of finance at the company’s engine group. Endsley, who passed away at age 53 from cancer, had been with Navistar since 1977.

Michael Pietrini has been named CFO and executive vice president, finance and administration at Epicor Software Corp. Pietrini has been with Epicor, a provider of enterprise business software solutions, for 14 years. He most recently served as senior vice president of sales and operations for the Americas.

Medquist Inc., a medical-transcription services provider, has named Dominick Golio as its new finance chief. He comes to Medquist from D & M Holdings NA, where he was North America CFO.

Robert Riedel has been appointed CFO of Equisearch. He was formerly chief executive of Huntleigh Healthcare Inc. Equisearch’s services aid in the search and recovery of lost financial assets.

Empire Resorts Inc. announced that CFO Ronald Radcliffe has submitted his resignation, to be effective June 30. The company operates the Monticello Gaming & Raceway in Monticello, New York, and is moving its headquarters from Las Vegas to New York.

International Flavors & Fragrances Inc. tapped Kevin Berryman to be executive vice president and CFO. His appointment becomes effective May 15. Prior to joining the firm, a creator of flavors and fragrances, Berryman was CFO, Americas, for Nestlé Professional.

M. Jay Sinder has been named CFO of web-services company Hostway Corp. Before joining Hostway, he was COO and CFO of Hu-Friedy Manufacturing Co.

Biopharmaceutical company Proteolix Inc. has named Craig Parker CFO and senior vice president, finance and corporate development. Formerly, Parker was a managing director and head of biotechnology equity research at Lehman Brothers.

Ultra Clean Holdings Inc. announced the departure of vice president and CFO Jack Sexton, who had been with the company, a developer and supplier of subsystems for the solar, flat panel, semiconductor-capital equipment, and medical-device industries, for four years.

William Largent has been named CFO of Veeam Software, a provider of software for managing VMware infrastructure. He is a former CEO of Applied Innovation Inc.

Charles Kim has been named CFO of Commerce Bancshares Inc., effective July 1. He joined the company in 1982 and has been an executive vice president since 1995. Kim is also chairman of Commerce Mortgage Corp. and of Commerce Brokerage Services Inc., and is a director of Commerce Bank NA.

Teliris Telepresence has named Rick Glickman as CFO. He comes to the company from EYP Mission Critical Facilities, where he served as CFO before its sale to Hewlett-Packard.