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CFOs on the Move: Week Ending Sept. 25

National Aeronautics and Space Administration, Freddie Mac, Sara Lee, Harley-Davidson, American Electric Power, Bob Evans Farms, MedCath, NCAA.
Joan UrdangSeptember 24, 2009

President Obama plans to nominate Elizabeth “Beth” Robinson to head finance at the National Aeronautics and Space Administration. Robinson, who is now the assistant director for budget at the Office of Management and Budget, was deputy director of the Congressional Budget Office from 2003 to 2005.

Ross Kari will become CFO of Freddie Mac, effective October 12. He has led the finance function at Fifth Third Bancorp for the past year, and before that was CFO of Safeco Corp. Kari will be succeeded at Fifth Third Bancorp by controller Daniel Poston.

Sara Lee Corp. has appointed Marcel Smits CFO, effective October 1. He comes to the company from Dutch telecom Koninklijke KPN NV, where he headed finance.

John Olin, controller and interim CFO of Harley-Davidson Inc., has been named CFO. He has been at the company since 2003.

American Electric Power has named Brian Tierney, currently executive vice president-AEP Utilities East, to head the finance function. He replaces Holly Koeppel, who will stay on as executive vice president through the fourth quarter.

Tod Spornhauer, senior vice president-finance, controller, assistant treasurer, and assistant secretary of restaurant owner and operator Bob Evans Farms Inc., has been promoted to CFO, treasurer, and assistant secretary. In that role, he replaces Don Radkoski, who is retiring at the end of the fiscal year after almost 30 years at the company.

Health-care provider MedCath Corp. has named interim CFO Art Parker to take on the top finance spot permanently. Before assuming the interim CFO role in June, Parker served the company as senior vice president, finance and development, and as treasurer. Parker joined MedCath in 2001 after 14 years at Bank of America.

James Isch, CFO of the NCAA, has been appointed interim president following the death of Myles Brand last week. Isch has been at the NCAA since 1998.