People

CFOs on the Move: Week Ending April 13

J.C. Penney, SunAmerica Financial Group, Family Dollar Stores, Arbitron, ADT, Workday, Park Electrochemical, Newedge
Joan UrdangApril 12, 2012

Michael Dastugue is leaving his post as finance chief at J.C. Penney Co. COO Michael Kramer will become interim CFO while a search for Dastugue’s permanent replacement is under way.

SunAmerica Financial Group has named Mary Jane Fortin to head finance. A former CFO of American General Life Cos., she is currently president and CEO there.

Mary Winston has been appointed to the top finance spot at Family Dollar Stores Inc. She replaces Kenneth Smith, who will become senior vice president-finance until October, when he is expected to leave the company. Most recently, Winston was CFO of Giant Eagle Inc.

Arbitron Inc. has announced that CFO Richard Surratt will leave his post on May 11 but remain a company employee through June 8. In addition to his role as COO, Sean Creamer will become interim CFO. Creamer headed finance at the marketing and media research company from November 2005 through February 2011; he was named COO in August of last year.

Kathryn Mikells will lead the finance function at security firm The ADT Corp. when it is spun off from Tyco International Ltd. later in the year. Previously, she was CFO of Nalco.

Software-as-a-service company Workday Inc. has named Mark Peek as its next finance chief. Peek, who will start at the firm in June, is now CFO and co-president of VMware Inc.

Park Electrochemical Corp. has promoted Matthew Farabaugh to head finance. He joined the company as controller in 2007.

Brokerage and clearing firm Newedge has named Jeff Pollack CFO for the Americas. Previously, he was CFO and COO of Mizuho Securities USA.