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CFO Moves (May 21) Print E-mail
Friday, 21 May 2010

By Sheryl Nance-Nash

Sara Lee chairman and CEO Brenda Barnes will take a temporary medical leave of absence, effective immediately. The board has named Marcel Smits, executive vice president and CFO, to fill in as interim CEO until Barnes returns. Controller Mark Garvey will serve as interim chief financial officer.

Anchor BanCorp Wisconsin said CFO Dale Ringgenberg plans to retire by August 31.

Ezcorp, a pawn shop owner and payday lender, announced that CFO Brad Wolfe was stepping down. Danny Chism, vice president and chief accounting officer, is taking over his duties on an interim basis.

FormFactor, a maker of semiconductor testing equipment, said CEO Mario Ruscev board and CFO Jean Bernard Vernet have stepped down. They have been replaced by Carl Everett and Richard DeLateur.

Gateway Energy terminated CEO Robert Panico and CFO Christopher Rasmussen "without cause," and announced the resignations of Charles O. Buckner, Steven Cattron, William Henry, Robert Panico, J. Darby Sere and Gordon Wright from its board.

J Brand, the denim company, announced the appointment of Efthimios Sotos as its CFO. Sotos had previously been Metropark USA's COO and CFO.

MSCI, an investment software vendor, announced that David Obstler will become the company's CFO, effective upon the closing of MSCI's proposed acquisition of RiskMetrics Group.

Altegrity, a screening, risk management and security technology vendor, named Jeffrey Campbell CFO. Campbell was previously the CFO of Alpharma.

Lexicon Pharmaceuticals appointed Jeffrey Wade executive vice president of corporate development and CFO. Wade, previously the firm's executive vice president and general counsel, served as senior vice president and CFO from January 1999 to February 2000. Wade succeeds James Tessmer, who will continue as chief accounting officer.

Hampton Roads Bankshares, parent of Bank of Hampton Roads and Shore bank, said that CFO Neal Petrovich is leaving. Lorelle L. Fritsche, senior vice president and chief accounting officer, will serve as interim CFO.

Medifast replaced CFO Michael McDevitt with Brendan Connors.

Denarii Resources, a mineral exploration company, appointed Robert Malasek CFO and treasurer. Malasek joined Denarii from Naturewell, where he was CFO.

Pink OTC Markets announced the appointment of Todd Graber as CFO.

Frozen Food Express Industries announced that John R. McManama has been appointed CFO.

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