CFOs on the Move: Week Ending July 9

Legg Mason, EDGAR Online, Infogroup, Park City Group, W.P. Carey, CIT Group, Sopogy, JPB Enterprises, Casella Waste Systems.
Joan UrdangJuly 9, 2010

C.J. Daley has resigned as finance chief of asset-management firm Legg Mason Inc. Terrence Murphy, chief operating officer of affiliate ClearBridge Advisors, has been appointed interim CFO. Murphy was CFO of Citigroup Asset Management before it was acquired by Legg Mason in 2005.

EDGAR Online Inc. has appointed David Price to lead the finance function. He takes over from Ronald Fetzer, who had been interim CFO since April. Price comes to the firm from Cornerstone Therapeutics Inc., where he also held the top finance spot.

Richard Hanks is the new head of finance at Infogroup, which has been acquired by affiliates of CCMP Capital Advisors LLC. Previously, he was chief commercial officer of the Enterprise Media Group at Dow Jones.

How Startup CFO Grew Food Company 50% YoY

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Software-as-a-service provider Park City Group has named David Colbert to the top finance spot, succeeding John Merrill, who has left the firm. Formerly, Colbert co-founded and served as CFO of Sendside Networks Inc.

Mark DeCesaris is the new finance chief at investment-management company W.P. Carey & Co. DeCesaris has been acting CFO, managing director, and chief administrative officer since November 2005; before that, he was a consultant to the firm’s finance department.

Scott Parker has been selected to lead the finance function at bank-holding company CIT Group. He is a former chief operating officer and CFO of Cerberus Operations and Advisory Co.

Solar-technology company Sopogy Inc. has named Michael Loo CFO. He replaces Tim Wong, who has been appointed vice president of administration. Previously, Loo was vice president for finance and administration at Kamehameha Schools.

JPB Enterprises Inc. has appointed Sam Beritela finance chief. He joins the investment and services holding company from Cielo Capital Management, where he was a managing member.

Edwin Johnson has been appointed to the top finance spot at Casella Waste Systems Inc. He is a former CFO and chief accounting officer of Waste Services Inc.