Human Capital & Careers

CFOs on the Move: Week Ending February 18

The Carlyle Group, Tango Management Consulting, AgFeed Industries, National Foundation for Credit Counseling, Sunstone Hotel Investors, Baxano, Rac...
Joan UrdangFebruary 18, 2011

The Carlyle Group has appointed Adena Friedman managing director and CFO, effective March 28. She will join the asset-management firm from NASDAQ OMX Group, where she holds the top finance spot.

Mark Wise has been selected to lead the finance function at Tango Management Consulting LLC. He comes to the company after more than 20 years at 7-Eleven, where he served as vice president of corporate planning and then as vice president of real estate.

Edward Pazdro is the new permanent head of finance at agribusiness firm AgFeed Industries Inc. He had been acting CFO since November, when he took over from Selina Jin.

The National Foundation for Credit Counseling has named Denis Russell as its new finance chief. Most recently, he was CFO and director of finance of the American Podiatric Medical Assn. and of the American Podiatric Medical Assn. Educational Foundation.

John Arabia has been named to the top finance spot at real estate investment trust Sunstone Hotel Investors Inc., effective April 4. He succeeds Kenneth Cruse, who was recently promoted to president. Arabia is managing director of the real estate research team at Green Street Advisors.

Medical-device developer Baxano Inc. has appointed George Harter Jr. head of finance. He had been CFO at Acclarent Inc. until earlier this year, and during the time it was acquired by Johnson & Johnson.

Rackspace Hosting has announced that CFO Bruce Knooihuizen plans to retire. Knooihuizen, who has been at the hosting and cloud-computing company since 2008, will stay on to aid in the transition period once his replacement is named.

Jeff Libert has been promoted to the top finance spot at Oil-Dri Corporation of America, a specialty sorbent-products supplier. He had been vice president of finance.

CFO, treasurer, and senior vice president, finance, Graham Cooper will resign from biopharmaceutical firm Orexigen Therapeutics Inc. after reporting year-end results and filing the company’s 10-K for the year 2010. Jay Hagan, senior vice president, corporate development and strategy, will become acting CFO.