CEO Moves this week include:
|CDI Corp.||USG Corporation||Flowserve Corporation|
|Houghton Mifflin Harcourt||Truveris||Spaceport America|
|Enumeral Biomedical Holdings, Inc.||Kleo Pharmaceuticals Inc.||Town Sports International Holdings, Inc.|
|Univision Communications, Inc.||PG&E Corporation||Famous Brands International|
|KapStone Paper and Packaging Corporation||Summit Bank||Nebraska Book Holdings, Inc.|
|Blackhill Partners||Media Source, Inc.||Imprivata|
|WebMD Health Corp.||CSM Bakery Solutions||FelCor Lodging Trust Incorporated|
|Abracon Holdings, LLC||Sysomos||Whitepages|
|Benchmark Electronics, Inc.||NJHA||Cure Forward|
|Teridion||Phenometrics, Inc.||Brookline Bancorp, Inc.|
|Cool Planet||Laboratory Corporation of America® Holdings||Catholic Relief Services|
Would you like to receive our weekly CEO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.
Should you have any CEO Moves to report, please email us.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +
CDI Corp. [PHILADELPHIA] (NYSE: CDI) announced that the Board of Directors has accepted the resignation of CEO and President, Scott Freidheim. Chief Financial Officer, Michael Castleman, has been promoted to President and has agreed to serve as interim CEO while the Board of Directors selects a permanent CEO. Castleman joined the Company in October 2014 as Executive Vice President, Corporate Development and Operations and was promoted to CFO in March 2015. He was previously president of Kenmore, Craftsman and Diehard brands. He initially joined Kenmore, Craftsman and Diehard as Chief Financial Officer. Prior to that, he founded or co-founded several investment firms, including Lehman Brothers Venture Partners, the venture capital affiliate of Lehman Brothers Holdings, where he served as Managing Director and Co-Head.
USG Corporation [CHICAGO] (NYSE: USG) announced that James S. Metcalf will retire as chairman of the board, president and chief executive officer (CEO). Mr. Metcalf has served as president and chief executive officer since January 2011 and as chairman since December 2011. Jennifer F. Scanlon, executive vice president, president, International and president, L&W Supply Corporation, will succeed Mr. Metcalf as president and CEO upon his retirement and has been appointed a director of the company. Jennifer is also a director on the USG Board of Directors and the chairman of the board of USG Boral Building Products. She leads USG’s international joint ventures across Asia, Australasia and the Middle East. Her previous assignments at USG include vice president and chief information officer and head of corporate strategy. Scanlon joined USG in 2003 as the director of supply chain and customer relationship strategy. Prior to USG, Scanlon was a senior vice president for Bricker & Associates, Inc. She began her career at IBM, serving in various operational and consulting roles.
Flowserve Corporation [DALLAS] (NYSE: FLS) announced that Mark Blinn plans to retire as President, Chief Executive Officer and a member of the Board of Directors. Mr. Blinn joined Flowserve in October of 2004 and was named CEO in October of 2009.
Houghton Mifflin Harcourt [BOSTON] (NASDAQ: HMHC) announced that President and Chief Executive Officer Linda K. Zecher has resigned after five years in the role. The Company Board of Directors has appointed L. Gordon Crovitz, a member of the board since 2012 and former publisher of The Wall Street Journal, as interim CEO while the search for a new CEO is underway. Zecher has also resigned from the Board of Directors.
Truveris [NEW YORK] announced the appointment of Faisal Mushtaq as the chief executive officer. Prior to joining Truveris, Mr. Mushtaq served as senior vice president and general manager, payer life sciences for Allscripts. Previously, Mr. Mushtaq served in several executive leadership roles at Misys.
Spaceport America [SPACEPORT AMERICA, N.M.] announced that the New Mexico Spaceport Authority Board of Directors has selected Daniel Hicks as the new Chief Executive Officer. The announcement follows the retirement of former CEO Christine Anderson, who previously held the position since 2011. Mr. Hicks began his 34-year career with the U.S. Army White Sands Missile Range (WSMR) in 1982 as a Test Conductor within the Materiel Test Directorate. There in 1991, he became the Supervisory General Engineer of the Patriot Missile System. Dan went on to become the acting Division Chief. Later, Mr. Hicks was appointed by the Commanding General for U.S. Army WSMR. Following that assignment Dan became the Technical Director of WSMR, the Chief of Staff, and in 2013, the Deputy Executive Director.
Enumeral Biomedical Holdings, Inc. [CAMBRIDGE, Mass.] (OTCQB: ENUM) announced that Wael Fayad has been appointed Chairman, President, and Chief Executive Officer of the Company. He replaces Chief Executive Officer, John J. Rydzewski, who is stepping down from CEO and from the Board of Directors, as well. From 2001 to 2014, Mr. Fayad held positions of increasing responsibility at Forest Laboratories, Inc., most recently as Corporate Vice President, Global Business Development. Mr. Fayad was subsequently engaged in a number of entrepreneurial ventures, including helping to launch V&C Pharmaceuticals. Mr. Fayad continues to serve on V&C Pharmaceuticals’ advisory board. Prior to Forest, Mr. Fayad served in positions of increasing responsibility at Schering-Plough and Novartis in the fields of sales, marketing, and new product development.
Kleo Pharmaceuticals Inc. [NEW HAVEN, Conn.] announced the appointment of David A. Spiegel as Chief Executive Officer. Dr. Spiegel will also serve on the company’s Board of Directors. He is a co-founder of Kleo Pharmaceuticals. Dr. Spiegel is a Professor of Chemistry and Pharmacology at Yale University where he heads the Spiegel Research Group. He has co-authored over 40 peer-reviewed publications and is an inventor with over a dozen patents. He has consulted to International Flavors and Fragrances, Novartis Institute for Biomedical Research, Bristol-Myers Squibb, and Allied-Bristol Life Sciences. He has been recognized with various awards and honors, including the NIH Director’s New Innovator Award, the Department of Defense Era of Hope Scholar Award, the Ellison Medical Foundation New Scholar Award in Aging Research, the Novartis Early Career Award in Organic Chemistry, the Bill and Melinda Gates Foundation Grand Challenges Explorations Award, an Alfred P. Sloan Foundation Fellowship, an Arthur C. Cope Early Career Scholars Award, and others.
Town Sports International Holdings, Inc. [NEW YORK] (NASDAQ: CLUB) announced that Patrick Walsh, Executive Chairman of the Company, has been appointed as the Company’s Chief Executive Officer.
Univision Communications, Inc. [NEW YORK] announced that digital media executive and veteran editor Raju Narisetti has been named Chief Executive Officer for Gizmodo Media Group (GMG), a unit within the company’s Fusion Media Group (FMG). Narisetti is currently Senior Vice President, Strategy, of News Corp. Prior to that, Narisetti was Managing Editor of the Wall Street Journal Digital Network. Earlier, Narisetti served as Managing Editor of the Washington Post (2009-2012). Prior to joining the Post, Narisetti was Founder & Editor of India’s Mint newspaper. Narisetti started his U.S. journalism career as a summer reporting intern for the WSJ in 1991, and in his first 13-year stint there, held multiple reporting and editing roles, culminating in being named Editor of the Wall Street Journal Europe, and Deputy Managing Editor for the global WSJ, with responsibility for Europe, Middle East and Africa.
PG&E Corporation [SAN FRANCISCO] (NYSE: PCG) announced the election of Eric Mullins to its Board of Directors and to the Board of Directors of its subsidiary, Pacific Gas and Electric Company. Mullins is the Managing Director and Co-Chief Executive Officer of Lime Rock Resources, L.P. Before co-founding Lime Rock Resources, Mullins worked in the Investment Banking Division at Goldman Sachs for 15 years. He served as Managing Director and Vice President, Corporate Finance in the firm’s Energy and Power Group. Mullins also serves on the board of directors of Anadarko Petroleum Corporation, and the board of trustees of the Baylor College of Medicine.
Famous Brands International [BROOMFIELD, Colo.] announced the appointment of Dustin Lyman as Chief Executive Officer. Mr. Lyman joined Famous Brands in 2013 as Director of Finance. He has held positions of increasing responsibility since that time. Most recently, Mr. Lyman served as Famous Brands’ Chief Financial Officer. Prior to joining Famous Brands, Mr. Lyman held key financial positions at Vail Resorts and Dish Network.
KapStone Paper and Packaging Corporation [NORTHBROOK, Ill.] (NYSE: KS) announced that Roger Stone is stepping down as KapStone’s Chief Executive Officer. Roger will continue to be an integral part of the KapStone organization, as he will retain his role as Executive Chairman of the Board. Matt Kaplan will assume the responsibilities of the CEO and continue as the Company’s President. Matt has served as Chief Operating Officer as well as President and Director of the Company since its inception in 2005. Matt’s 39-year career in paper and packaging also includes serving as Stone Container’s Senior Vice President and General Manager of North American Operations, Smurfit-Stone Container Corporation’s Vice President and General Manager Container Division and Director, and Box USA Holdings, Inc.’s President, Chief Operating Officer and Director.
Summit Bank [OAKLAND, Calif.] (OTCBB: SMAL) announced the appointment of Thomas M. Duryea as Chief Executive Officer of Summit Bank. Shirley Nelson will become Summit’s Executive Chairman leading the Board of Directors. Tom Duryea was previously President & Chief Executive Officer at Summit State Bank (SSBI) in Sonoma County.
Nebraska Book Holdings, Inc. [LINCOLN, Neb.] (OTC PINK: NEEB) announced appointment of Rick Bunka as the Company’s president and chief executive officer. Bunka succeeds Interim President and Chief Executive Officer Ben Riggsby, who will remain on the Company’s Board of Directors. Bunka was also elected to the organization’s Board of Directors. Bunka has been serving the Company in a consultative capacity since June 2016 through Point North LLC, a strategic advisory services company he founded in 2013.
Blackhill Partners [DALLAS] announced the appointment of Steven Strom as Chief Executive Officer. Prior to joining Blackhill, Mr. Strom was the Global Head of Restructuring and Recapitalization at Jefferies. Prior to Jefferies, Mr. Strom was a Managing Director in the Restructuring Group at CIBC World Markets and Chanin Capital Partners, and is also the founder of Odinbrook Global Advisors. He has additional previous experience as a distressed investor at Commodities Corporation and in the mergers and acquisitions group at Chemical Bank.
Media Source, Inc. [COLUMBUS, Ohio] appointed Steve Zales as Chief Executive Officer. Zales succeeds Randy Asmo, who steps down after 29 years at Media Source, including 18 years as its CEO. Mr. Asmo will maintain an advisory and board role with the Company. Zales has been President of Time Warner’s Lifestyle Digital division, VP/General Manager for CNNSI Interactive, and SVP/General Manager for Walt Disney’s ESPN Internet Group.
Imprivata® [LEXINGTON, Mass.] announced it has appointed Gus Malezis as its new President and Chief Executive Officer. He replaces Imprivata’s former President and Chief Executive Officer Omar Hussain. Prior to joining Imprivata, Gus was most recently the President of Tripwire. Before that he worked at McAfee, 3Com and Merisel.
WebMD Health Corp. [NEW YORK] (NASDAQ: WBMD), announced that the Board of Directors has appointed Steven L. Zatz its President, to serve as its Chief Executive Officer. He will replace David J. Schlanger, who has served as CEO since 2013. Dr. Zatz has been a member of the senior leadership of WebMD and its predecessor companies for 17 years. Dr. Zatz was appointed President of WebMD in 2013. Prior to becoming President, Dr. Zatz was Executive Vice President of Professional Services.
CSM Bakery Solutions [ATLANTA] has elected Marianne Kirkegaard president and chief executive officer. Kirkegaard, previously CSM’s senior vice president of markets and chief commercial officer, succeeds Robert A. Sharpe, who is leaving the company to pursue other opportunities. Since joining CSM in 2011, Kirkegaard has served in senior marketing, sales and commercial roles, including senior vice president, products and marketing, as well as her most recent position as chief commercial officer. Kirkegaard joined CSM from Unilever, where she spent 20 years in various commercial general management roles of increasing seniority. She has also held executive positions at Carlsberg Group and the Coca-Cola Company. Kirkegaard is a member of the board of directors of AAK, and of Dansk Supermarked Group.
FelCor Lodging Trust Incorporated [IRVING, Texas] (NYSE: FCH) announced that Richard A. Smith, the Company’s former President and Chief Executive Officer, has retired. Troy A. Pentecost, the Company’s long-time Chief Operating Officer, has been appointed to the additional positions of President and interim senior executive officer. Mr. Pentecost joined FelCor as Executive Vice President and Director of Asset Management in March 2006. He was named Chief Operating Officer in 2010. Prior to FelCor, Mr. Pentecost was with Remington Hotel Corporation as Senior Vice President of Operations and Divisional Vice President of Operations. Prior to Remington, Mr. Pentecost was with Wyndham International in various management roles including Regional Vice President, Area Director and General Manager, from 1993 to 2004. Mr. Pentecost also worked previously with Guild Hotel Management Company where he served at Regional Vice President and Director of Operations.
Abracon Holdings, LLC [AUSTIN, TX] announced Mike Calabria as President and CEO. Calabria, who joined the Board of Directors in March 2015, has been serving as Chief Operating Officer since August 2015.
Sysomos [SAN FRANCISCO, CA] announced the appointment of Peter Heffring as its new CEO. Most recently he served as founder and president of Sysomos platform business unit Expion.
Whitepages [SEATTLE] has named Rob Eleveld its Chief Executive Officer and will also join the Board of Directors. Founder Alex Algard will remain Executive Chairman of the Board of Whitepages and will continue on as CEO of Hiya. Eleveld was hired in 2013 as Vice President, Enterprise Sales and quickly promoted to General Manager of Whitepages Pro. Prior to joining Whitepages, Eleveld was CEO of Optify. He also served as CEO of Shiftboard, was the co-founder and CEO of Vykor, and served for five years as a nuclear submarine officer in the United States Navy.
Benchmark Electronics, Inc. [ANGLETON, Texas] (NYSE: BHE) announced that it has named Paul J. Tufano as President and Chief Executive Officer, replacing Gayla J. Delly who has resigned from her positions as President, Chief Executive Officer and as a member of the Board of Directors to pursue other interests. Mr. Tufano joined the Company’s Board of Directors in February 2016. He most recently serving as Chief Financial Officer of the Alcatel-Lucent Group, from 2008 through 2013, where he also served as Chief Operating Officer from 2012-2013. Previously, he was Executive Vice President and Chief Financial Officer of Solectron Corporation, where he also served as Interim Chief Executive Officer. Prior to Solectron, Mr. Tufano served as President and Chief Executive Officer of Maxtor Corporation, having served previously as Chief Operating Officer and as Chief Financial Officer. Before joining Maxtor, he held management positions in finance and operations at IBM.
NJHA [PRINCETON, N.J.] announced that President and CEO Elizabeth “Betsy” Ryan is stepping down after nine years at the Association’s helm. Ryan was named president and CEO in 2008. She also served as general counsel and chief operating officer over her 16-year career with NJHA.
Cure Forward [CAMBRIDGE, Mass.] announced the appointment of Frank Ingari as CEO. Mr. Ingari previously held CEO appointments at NaviNet, 5-Star Medicare Advantage plan Essence Healthcare, and Best-in-KLAS Value-Based Care Service Provider Lumeris, which Ingari co-founded.
Phenometrics, Inc. [LANSING, MICHIGAN] announced that Jody Burgess has been selected as the new President and CEO. Burgess assumed the new role in July 2016. Prior to her role with Phenometrics, Burgess served as a Technology Business Consultant for the Michigan Small Business Development Center. Burgess also helped build TechSmith.
Brookline Bancorp, Inc. [BOSTON] (NASDAQ: BRKL) announced that Darryl Fess will step up to become President & CEO of Brookline Bank. Fess has been with Brookline Bank since May of 2010. Prior to joining Brookline Bank, he was a Senior Vice President at Wainwright Bank for 12 years. He also spent time at Citizens Bank and Grove Bank.
Cool Planet [GREENWOOD VILLAGE, Colo.] announced that Jim Loar has been elevated to the position of president and CEO of the company’s agricultural subsidiary. Loar joined Cool Planet as chief commercial officer in 2015. He previously served as vice president of operations for agricultural division of the Wilbur-Ellis Company. Prior to his 14 years with Wilbur-Ellis, Loar spent 14 years with Griffin LLC.
Laboratory Corporation of America® Holdings [BURLINGTON, N.C.] (NYSE: LH) announced that John Ratliff will succeed Deborah Keller as CEO of Covance Drug Development. Most recently, Ratliff served as president and CEO of HUYA Bioscience International. Ratliff’s experience also includes nearly 10 years at Quintiles, joining as chief financial officer in 2004, becoming chief operating officer in 2006, and president and COO in 2010.
Catholic Relief Services [BALTIMORE] announced Sean Callahan as the organization’s new President and CEO. Callahan is currently the agency’s Chief Operating Officer, will begin his new position on Jan. 1, 2017 when Dr. Carolyn Y. Woo ends her five-year term as president and CEO. Sean has served at CRS for 28 years, the last four as Chief Operating Officer and, for eight years before that, executive vice president for Overseas Operations.