CEO Moves this week include:
|Green Dot Corporation||Tellurian||Tiversa Holding Corp|
|Ford Motor Company||Dtex Systems||Fred’s Inc.|
|NI||DBRS, Inc.||Rao’s Specialty Foods, Inc.|
|Misonix, Inc.||MedQuest Associates||Telesoft|
|CarMax, Inc.||American Water Works Co., Inc.||Dean Foods Company|
|DigiCert||Tower International, Inc.||Jennison Associates|
|TESSCO TECHNOLOGIES INCORPORATED||Voya Financial, Inc.||Granite City Food & Brewery|
|BankUnited, Inc.||Connect First||TownNews.com|
|Santa Clarita Valley Chamber of Commerce|
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Tiversa Holding Corp. [PITTSBURGH] announced the appointment of Griffin Schultz as Chief Executive Officer (CEO). Mr. Schultz will also join Tiversa’s Board of Directors. Mr. Schultz was part of the pre-IPO team at FreeMarkets. After FreeMarkets went public and was acquired by Ariba, Mr. Schultz was part of the team that built one of the first outsourced procurement businesses in the market. It was after his time with Ariba that Mr. Schultz first joined Tiversa as one of its first ten employees.
Ford Motor Company [DEARBORN, Mich.] announced that Bernard Silverstone, Ford group vice president and chairman and chief executive officer of Ford Motor Credit Company, has elected to retire, after 37 years of service. Silverstone will be succeeded by Joy Falotico, who is being named Ford group vice president and Ford Credit chairman and chief executive officer. Prior to this appointment, Falotico was chief operating officer. Falotico joined Ford Credit in 1989 and has held a wide range of senior positions, including executive vice president, Ford Credit Marketing, Sales, Americas and Strategic Planning; vice president of North American operations; vice president of U.S. Sales Operations; vice president of Global Marketing.
Dtex Systems™ [SAN JOSE, Calif.] announced Christy Wyatt as Chief Executive Officer. Ms. Wyatt succeeds Dtex co-founder Mohan Koo, who will transition to the role of Chief Technology Officer. Prior to Good Technology, Wyatt held various executive positions at Citigroup, Apple, Palm, Sun, and Motorola Mobility, until it was acquired by Google in 2012.
Fred’s Inc. [MEMPHIS, Tenn.] (NASDAQ: FRED) announced that Chief Executive Officer Jerry A. Shore will retire from the Company. The Board of Directors is pleased to name Michael K. Bloom Chief Executive Officer. Bloom joined Fred’s as President and Chief Operating Officer in January 2015.
NI [AUSTIN, Texas] (NASDAQ: NATI) announced that its Board of Directors has elected Alex Davern to serve as Chief Executive Officer and President of National Instruments. Davern will succeed Dr. James Truchard who has served as the Chief Executive Officer of NI since the company’s founding in 1976.
DBRS, Inc. [TORONTO] announced that Stephen W. Joynt, executive chairman of DBRS Group, has been appointed interim Chief Executive Officer (“CEO”) of DBRS. He replaces Daniel Curry, who has served as CEO of DBRS since December 2013.
Rao’s Specialty Foods, Inc. [NEW YORK] announced that Eric Skae has been named Chief Executive Officer. Prior to joining Rao’s Specialty Foods, Mr. Skae was Founder and CEO of The Bricktown Group. Prior to founding The Bricktown Group in 2012, Mr. Skae was Chairman and CEO of New Leaf Brands, Inc. Prior to founding New Leaf, Mr. Skae was owner and managing partner of Iceland Springs; president and general manager of Fresh Solutions, Inc.
Misonix, Inc. [FARMINGDALE, N.Y.] (NASDAQ: MSON) announced that Michael A. McManus, Jr. is resigning as a Director and Chairman of the Board of Directors of Misonix and retiring as the Company’s President and Chief Executive Officer. Stavros G. Vizirgianakis, a member of the Misonix Board of Directors, will serve, on an unpaid basis, as Misonix’s interim Chief Executive Officer. Misonix and Mr. Vizirgianakis are in negotiations for him to accept employment as Misonix’s full-time Chief Executive Officer. Mr. Vizirgianakis has served on the Misonix Board since May 2013. He holds a 5.7% ownership stake in Misonix.
MedQuest Associates [ATLANTA] has promoted Bruce Elder to the position of CEO. He replaces Dan Schaefer, who served as interim CEO, who now will resume his role as COO of MedQuest. Elder was with MedQuest during the period 2001-2007, serving as Chief Development and Planning Officer and Vice President, Development. He rejoined the company in 2014 after six years as Principal.
Telesoft [PHOENIX, AZ] has appointed Kevin Donoghue as Chief Executive Officer and Director, replacing company founder Thierry Zerbib. Donoghue most recently served as President of Telesoft for the past 7 years. Donoghue’s career also includes leadership roles at NetPro, Intesource, Viasoft and IBM.
GE [BOSTON] announced that Richard A. Laxer, GE Capital International president and CEO, will lead GE Capital as president and CEO. Keith S. Sherin, GE vice chairman and GE Capital chairman and CEO, will retire from GE. Richard Laxer, 55, started his career in GE’s Financial Management Program in 1984 and has held leadership positions in Finance and later as CEO of major GE Capital businesses around the globe. He has been the leader of GE Capital’s international operations since 2009 and has been named a senior vice president of GE.
IXYS Corporation [LEIDEN, Netherlands & MILPITAS, Calif.] (NASDAQ: IXYS) announced that Uzi Sasson has been promoted to the position of CEO of IXYS Corporation, a title he will share with Chairman and CEO Nathan Zommer. Prior to this appointment, Mr. Sasson served as IXYS’ President and CFO since December 2009. He has worked at IXYS since 2004, initially serving as the company’s CFO and Vice President of Finance.
HireVue [SALT LAKE CITY] announced the appointment of Kevin Parker as Chief Executive Officer and Chairman of the Board. Parker succeeds HireVue founder Mark Newman, who will assume a new role as Chief Customer Officer. Parker previously served as Chairman and CEO of Deltek and co-President and CFO of PeopleSoft. He is Chairman of Salient CRGT, board member of Plex Systems, Aptos Retail, Cvent and Intermedia, and a senior advisor to Bridge Growth Partners LLC.
CarMax, Inc. [RICHMOND, Va.] (NYSE: KMX) announced that Tom Folliard retired as chief executive officer of CarMax. As part of this management succession plan, CarMax’s Board of Directors elected CarMax president Bill Nash as chief executive officer.
American Water Works Co., Inc. [VOORHEES, N.J.] (NYSE: AWK) announced that Keystone Clearwater Solutions (Keystone) President and Chief Executive Officer Ned Wehler will retire. Wehler will be replaced by Keystone’s current president and chief operating officer, Daniel Dalton.
Dean Foods Company [DALLAS] (NYSE: DF) announced that Ralph Scozzafava, Executive Vice President and Chief Operating Officer, will succeed Gregg A. Tanner as the Company’s Chief Executive Officer and as a member of the Company’s Board of Directors. In order to ensure a smooth transition, Mr. Tanner will remain as an advisor to the Company. Scozzafava joined Dean Foods in October 2014 as Executive Vice President and Chief Commercial Officer before being promoted to Chief Operating Officer in October 2015. He has more than 30 years of experience in the consumer goods and grocery categories, including at Wm. Wrigley Jr. Company and at Campbell Soup Company.
Midroll Media [CINCINNATI] announced that Erik Diehn has been named chief executive officer. Diehn had most recently been vice president of business development for Midroll, which was acquired by The E.W. Scripps Company in 2015. Before joining Midroll in 2014, Diehn led business development at New York Public Radio/WNYC. He has also worked in strategy at Bloomberg, LP and was a consultant to major media and consumer goods companies while at The Boston Consulting Group.
Acosta [JACKSONVILLE, Fla.] announced that it has appointed Steve Matthesen as President and Chief Executive Officer. Matthesen joins Acosta from The Nielsen Company, where he most recently served as President of Global Retail. Prior to joining Nielsen, Matthesen was a partner at The Boston Consulting Group. He also served in the U.S. Air Force at the Space and Missile Systems Center.
Marsh, a subsidiary of Marsh & McLennan Companies, Inc. [NEW YORK] (NYSE: MMC) announced the appointment of Christopher Schaper as CEO of its managing general agent (MGA) business, the Schinnerer Group. Mr. Schaper joins Schinnerer from Montpelier Re, where he most recently served as an Executive Officer within Montpelier Re Holdings, President of Montpelier Re Ltd. and Underwriting Chairman of Blue Capital, Montpelier’s capital markets entity. Previously, Mr. Schaper held several leadership positions at Endurance Specialty Insurance Ltd., including Chief Underwriting Officer and Head of Reinsurance, and Head of Casualty Treaty Reinsurance.
DigiCert [LEHI, Utah] named John Merrill as its new CEO. Merrill takes over for former CEO, Nicholas Hales, who will step back from day-to-day operations and will continue to advise the company on strategic projects. Merrill has been serving as the company’s COO since Aug. 2013. Prior to joining DigiCert, Merrill spent more than 20 years at firms such as Connolly, Inc., USERTrust, GE Capital, and Evans and Sutherland.
Tower International, Inc. [LIVONIA, Mich] (NYSE: TOWR) has appointed James Gouin as President, and as CEO. Mr. Gouin will also join the Board of Directors. He replaces Mark Malcolm, who will continue to serve on Tower’s Board of Directors following his retirement. Mr. Gouin joined Tower as CFO in November 2007. Prior to joining the Company, he worked at Ford Motor Company for 28 years in a variety of senior positions, including Vice President, Finance and Global Corporate Controller and Vice President of Finance, Strategy and Business Development for International Operations.
Jennison Associates [NEW YORK] announced that Jeffrey T. Becker will become chairman and chief executive officer of the company. Jennison is an investment manager of PGIM, the global investment management businesses of Prudential Financial, Inc. Becker was most recently CEO of Voya Investment Management (formerly ING U.S. Investment Management), and a member of Voya Financial’s Executive Committee.
TESSCO TECHNOLOGIES INCORPORATED [HUNT VALLEY, Md.] (NASDAQ: TESS) announced that its Board of Directors has appointed Murray Wright as President and Chief Executive Officer. Wright was also elected to TESSCO’s Board of Directors. He replaces Robert B. Barnhill, Jr., who will assume the role of Executive Chairman and will continue to serve as the Chairman of TESSCO’s Board. Murray Wright was most recently CEO & President of Zones, Inc. Prior to Zones, Inc., Mr. Wright was President, The Americas for Tech Data. Mr. Wright has served as President of Lenovo Canada, Inc. Mr. Wright has also served as General Manager and Vice President of Americas Sales for Ingram Micro Canada.
Voya Financial, Inc. [NEW YORK] (NYSE: VOYA) announced that Christine Hurtsellers has been named chief executive officer of Voya Investment Management. She succeeds Jeffrey Becker, who has decided to leave the firm. Hurtsellers has served as chief investment officer of Fixed Income for Voya Investment Management since 2009. Becker had served as CEO of Voya Investment Management since 2009. Prior to becoming CIO of Fixed Income, Hurtsellers was head of Structured Finance. Prior to joining the company as senior portfolio manager in 2004, Hurtsellers was at the Federal Home Loan Mortgage Corporation (“Freddie Mac”). She is a member of the U.S. Treasury Borrowing Advisory Committee.
Granite City Food & Brewery [MINNEAPOLIS] announced that Phil Costner has been appointed as the CEO of Granite City Food & Brewery and Cadillac Ranch All American Bar & Grill. Costner joined Granite City in July to replace Rob Doran who is retiring after successfully leading the brand over the past six years. Costner has successfully held a number of key positions and roles including: Senior Vice President of Food, Beverage & Retail at Universal Studios Hollywood, Vice President of Food & Beverage at TGI Friday’s, President and COO of La Madeleine, President of Mimi’s Café, and most recently President and CEO of the Elite Sports Bar Group.
BankUnited, Inc. [MIAMI LAKES, Fla.] (NYSE: BKU) announced that Rajinder P. Singh, the Company’s Chief Operating Officer, will succeed John A. Kanas, the Company’s Chairman, President and Chief Executive Officer, as President and CEO. Mr. Kanas will continue to serve as Chairman of the Board of Directors. Mr. Singh, along with Mr. Kanas, was one of the founding organizers of the Company in 2009. Rajinder P. Singh has served on the Board since July 2013 and is currently the Chief Operating Officer, and one of the founding organizers of the Company. Mr. Singh has been the Chief Operating Officer since October 2010, and prior to that, he served as the Head of Mortgage Banking and Corporate Development since May 2009. Mr. Singh also served as Corporate Secretary of the Company from May 2009 to June 2013. From April 2008 to May 2009, Mr. Singh was at WL Ross & Co. From December 2006 through April 2008, Mr. Singh served as Executive Vice President for Capital One’s banking segment. Previously, Mr. Singh served as Head of Corporate Strategy and Development for North Fork from February 2005 to December 2006. Prior to joining North Fork in February 2005, Mr. Singh spent nine years at FleetBoston Financial Corporation and last served as Managing Director of Corporate Strategy and Development.
Lee Enterprises, Inc. [MOLINE, Ill.] (NYSE: LEE) announced that Marc Wilson, chief executive officer of TownNews.com, has been named executive chairman of the company. Brad Ward, who currently serves as chief operating officer, will become chief executive officer of TownNews.com. Wilson founded the International Newspaper Network, which is now known as TownNews.com, in 1989 while editor and publisher of the weekly Bigfork Eagle in Montana. Before buying the Eagle, he was a reporter for three daily newspapers and worked for five bureaus of The Associated Press, including duties as assistant chief of bureau for Texas. Lee Enterprises became the controlling partner in 1996. Ward, who began his career with TownNews.com in 2000, was promoted to president and chief operating officer in 2014. He was director of production and online systems for Lee Enterprises from 1997 to 2000.
Santa Clarita Valley Chamber of Commerce [SANTA CLARITA, Calif.] announced that Lois Bauccio has been named President and CEO. She most recently served as President and Executive Director at the Child and Family Center Foundation (CFCF) in Santa Clarita.