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

By Sheryl Nance-Nash

Big changes at American Airlines parent AMR.

The company promoted CFO Tom Horton to president of the parent company and the airline. He served as AMR's CFO from 2000 to 2002, when he left for the same job at AT&T. He returned to AMR in 2006, serving as Executive Vice President of Finance and Planning and Chief Financial Officer. Horton will oversee the finance, planning, sales and marketing, customer service, and information technology organizations.

In addition, Bella Goren was named Senior Vice President–CFO. Goren, formerly Senior Vice President – Customer Relationship Marketing, will be responsible for all of the company's financial functions, including treasury, corporate finance, corporate development, purchasing, accounting, financial planning and relationships with the investment community. Goren also will oversee all of the company's cost management activities, financial reporting, balance sheet and financing initiatives, and corporate transactions.

Elsewhere:

International Business Machines CFO Mark Loughridge was given the added responsibility of senior vice president of Finance and Enterprise Transformation, according to Reuters.

DotNetNuke announced that Lee McGrath has joined the technology company as CFO. Previously, he was CFO at Librato, a provider of resource management software for cloud computing and physical data center environments.

Agilent Technologies promoted Didier Hirsch to CFO and senior vice president. Hirsch is currently the science firm's vice president for corporate controllership and tax, and has been acting CFO since April.

Comstock Homebuilding said Jeffrey Dauer CFO has resigned. He will assist the company in evaluating potential candidates and help with transition.

Hyperdynamics named John O'Keefe executive vice president and CFO. Most recently O'Keefe served first as CFO and later as president and CEO of Blast Energy Services.

M3 Media named Omar Villanueva CFO. He worked as a consultant for M3 Media, and was an ongoing advisor for the advertising and public relations company before he left to work for WTF as a human resources director.

Geneva Resources, a mineral exploration company, saidD. Bruce Horton has resigned as secretary, treasurer, CFO and a director. Concurrently, Marcus Johnson, Geneva's current president and CEO, will serve as interim secretary, treasurer.

Healthcare Solutions said Jennifer Huber will become its new CFO. Prior to joining the healthcare consulting firm, Huber was executive director and vice president of operations for APS Healthcare in the office of the Administrative Services Organization for the Maryland Public Mental Health System, where she also served as the vice president of finance.

Duckwall-ALCO Stores said Donny Johnson, its CFO and one-time interim CEO, resigned. The company, which sells clothing and sporting goods, is conducting a national search for a replacement.

Modine Manufacturing added CFO to Treasurer Michael Lucareli's duties, eight months after former CFO Bradley Richardson resigned.

Component Hardware Group, a manufacturer of plumbing hardware and special products, announced David Kennedy as CFO. Prior to coming on board, he was the business unit controller for Alcan's Rolled Products Division.

Brown & Toland, and independent practice association, said Michael Gam will serve as CFO. Most recently Gam was CFO of the Talbert Medical Group, and previously was director of finance at City of Hope Hospital.

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