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CFO Moves (April 23) Print E-mail
Friday, 23 April 2010

By Matthew Quinn

David Jones, chief financial officer of Northern Rock (Asset Management), has left the company to focus on an ongoing investigation by the UK's Financial Services Authority. Jones was finance director of Northern Rock from February 2007 to February 2008. Northern Rock (Asset Management) was set to up to manage assets from the failed mortgage bank that was nationalized by the UK government during the credit crisis, Reuters reported. Hugh Graham, head of the company's treasury operation, will replace Jones as interim CFO, subject to FSA approval.

Network Equipment Technologies promoted David Wagenseller to chief financial officer. Wagenseller had been the company's acting CFO since November 2009. He joined NET in 1986 through its acquisition of ComDesign and has held various positions within the company, including responsibility for controllership, treasury and financial planning. He has been a vice president of the company since November 2005.

United Western Bancorp announced that William D. Snider retired as chief financial officer, effective April 15. He will continue to serve as a director of the Colorado bank. Snider has been United Western's chief financial officer and a director since December 2005. The company is considering both internal and external candidates to fill the position. In the interim, Snider's duties will be shared between Benjamin C. Hirsh, the company's chief accounting officer, and Charles Caswell, chief financial officer of the company's principal subsidiary, United Western Bank.

Solar company Spire Corporation appointed Robert S. Lieberman as chief financial officer and treasurer. Lieberman, 58, joined Spire in April 2009 as corporate controller and has served as chief accounting officer since December 2009. Before joining Spire Corporation, Lieberman served as CFO for Millbrook Distribution Services from May 2004 to January 2008. Spire also named Jeffrey Chasse as corporate controller. Chasse previously served as director of global accounting and North America controller of Virtusa Corporation.

Global Industries named C. Andrew Smith as chief financial officer, effective April 26. Smith, 39, joins Global after ten years at NATCO Group where he was most recently CFO. Previously, he held financial roles with Comfort Systems USA and PricewaterhouseCoopers.

TranS1, a medical device company, tapped Joseph Slattery as CFO. In conjunction with his appointment, Slattery has resigned his position as a TranS1 director and chairman of its audit committee. Slattery previously served as chief financial officer Digene Corporation, a molecular diagnostics company that was acquired by Qiagen, N.V. in 2007.

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