CEO Moves this week include:
|Sony Music Entertainment||Caterpillar Inc.||Visa Inc.|
|Hershey Company||Reynolds American Inc.||Robbins Gioia Inc.|
|In-Shape Health Clubs||Scepter Holdings, Inc.||Lemonade Restaurant Group|
|Insulet Corporation||Eastern Air Lines Group Inc||Juicero|
|Social Solutions Global||The Topps Company, Inc||Rogers Communications|
|Micron Optics, Inc.||Molecular Assemblies Inc.||The Original Cakerie|
|Mondo||Madison Gas and Electric (MGE) and MGE Energy, Inc.||Media Partners Corporation|
|Loews Hotels||Opportunity International||WebPT|
|Intermountain Healthcare||Greenleaf Hospitality Group||bionorthTX|
|Unifrax I LLC||Critical Mention, Inc.|
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Sony Music Entertainment [NEW YORK] announced that CEO Doug Morris will transition from the operational management of Sony Music Entertainment and assume the role of Chairman. Rob Stringer, currently Chairman and CEO of Columbia Records, will become CEO of Sony Music Entertainment.
Visa Inc. [SAN FRANCISCO] (NYSE:V) announced that Charlie Scharf is resigning as chief executive officer, and the board of directors has unanimously voted to appoint Alfred F. Kelly, Jr. as CEO. Mr. Kelly, a current Visa board member, is the president and chief executive officer of Intersection Co. and the former president of American Express Co. In his 23 years at American Express, Mr. Kelly held a variety of leadership positions. In addition to being president of American Express, he was head of the Global Consumer and Consumer Card Services groups. He currently serves on the board of directors of MetLife Inc.
The Hershey Company [HERSHEY, Pa.] (NYSE: HSY) announced that John P. Bilbrey, Chairman, President and Chief Executive Officer, intends to retire from the company. Bilbrey will continue as non-executive chairman of Hershey’s Board of Directors following his retirement as President and CEO.
Reynolds American Inc. [WINSTON-SALEM, N.C.] (NYSE: RAI) has announced that Susan M. Cameron, currently RAI’s president and CEO, will become executive chairman of the board of directors. Cameron was named CEO of RAI at the time the company was formed in 2004. She will serve as executive chairman until May 2017, at which time she is expected to become the non-executive chairman. Debra A. Crew, currently president and chief operating officer of R.J. Reynolds Tobacco Company, RAI’s largest subsidiary, has been named president- and CEO-elect of RAI, and will become president and CEO of RAI. She will also become a member of the RAI board when she becomes CEO.
Robbins Gioia Inc. [ALEXANDRIA, Va.] announced its Board of Directors has appointed Andrew Robinson, currently the company’s chief operating officer, as RG’s new chief executive officer. Mr. Robinson previously served as ICF International’s senior vice president of Enterprise Management and Resilience. Before that, he served as region vice president of Gartner Group. Mr. Robinson has served on the boards for several industry and non-profit organizations including PMI’s Global Executive Council, American Council for Technology-Industry Advisory Council (ACT-IAC) Institute for Innovation, and IAC Executive Committee as Chair. He currently serves as a board member on George Washington University’s Research Advisory Board, as well as the GW – Center for Cyber and Homeland Security.
In-Shape Health Clubs [STOCKTON, Calif.] announced that its founder, Paul Rothbard, is stepping down as CEO after 25 years in the post. Rich Nelsen, most recently a senior executive at Starbucks, will replace Mr. Rothbard. Also as part of the succession plan, Mr. Rothbard will retain his ownership in the company and transition to an active role on the In-Shape Board of Directors. Rich Nelsen has worked for some of the world’s most recognized brands, including Starbucks Coffee Co, Taco Bell and Clark Convenience Stores.
Scepter Holdings, Inc. [CHICAGO] (OTC: BRZL) announced the appointment of Leonard K Armenta Jr. as Chief Executive Officer, President and Chairman of the Board. Current management and staff, including CEO/President, James Hicks have resigned to pursue other goals. Mr. Armenta will also assume concurrent roles as President, Treasurer and Secretary of the Company as well as serve as Chairman of the Board. Mr. Armenta Jr has spent the last 15+ years in sales, marketing and corporate management as well as consulting both public and private companies. He has consulted for several companies including; MusclePharm, and Creative Edge Nutrition.
Lemonade Restaurant Group [LOS ANGELES] announced that Larry Kurzweil joins Lemonade as President and Chief Executive Officer. Mr. Kurzweil served as President and Chief Operating Officer of Universal Studios Hollywood from 1999 to 2016. Prior to Universal, he held a variety of key executive marketing and management positions at Darden Restaurants, Nestle Foods, and General Mills.
Insulet Corporation [BILLERICA, Mass.] (NASDAQ: PODD) announced that Patrick Sullivan, President and Chief Executive Officer since September 2014, has been elected Chairman of the Board. He will continue to serve as Chief Executive Officer.
Eastern Air Lines Group Inc. [MIAMI, Fla.] announced that James Tolzien has been appointed the company’s Interim Chief Executive Officer. The move also marks the departure of former CEO Mr. Edward Wegel. Mr. Tolzien has been Chief Financial Officer of Eastern Air Lines Group since its inception in 2011. Mr. Tolzien has has served as both Chief Financial Officer and Chief Operating Officer for several major corporations, including Alamo Rent A Car, Budget Car Rental, and the corporate travel management company TravelLeaders.
Juicero [SAN FRANCISCO] announced it has appointed Jeff Dunn Chief Executive Officer, succeeding Doug Evans, who will remain Chairman of the Board. Dunn was most recently President, Campbell Fresh. Between 2008 and 2015, Dunn was President of Bolthouse Farms. Campbell acquired Bolthouse Farms in 2012. From 2000 to 2004, Dunn was President of Coca-Cola North America.
Topps Company, Inc. [NEW YORK] announced the promotion of Michael Brandstaedter to Chief Executive Officer. Brandstaedter joined the company in 2009 as General Manager of the Global Confectionery business. He most recently served as Topps’ President and COO. Prior to joining Topps, Brandstaedter worked for over a decade in marketing roles at Nabisco and Kraft Foods.
Rogers Communications [TORONTO] announced that President and Chief Executive Officer Guy Laurence will step down. It also announced that it is Rogers intention to hire Joseph Natale as President and Chief Executive Officer as soon as he is in a position to join Rogers. During the interim, Alan Horn will act as President and Chief Executive Officer. Natale was most recently President and CEO of TELUS Corporation where he held progressively senior executive roles since joining that company in 2003.
Molecular Assemblies Inc. [SAN DIEGO] announced the appointment of Michael J. Kamdar as CEO and director. Kamdar comes to Molecular Assemblies with more than 25 years of experience as founder, board member and senior executive of pharmaceutical and biotechnology companies, including Agouron Pharmaceuticals, Warner-Lambert, Pfizer, Anadys Pharmaceuticals, VentiRx Pharmaceuticals, Tobira Therapeutics and Ciclofilin Pharmaceuticals.
The Original Cakerie [ST. PAUL, Minn. & VANCOUVER and LONDON, Ontario] announced that it has named Paul J. Lapadat as Chief Executive Officer of a new holding company established to accelerate growth. Mr. Lapadat succeeds Dave Hood who was CEO of The Original Cakerie for more than 20 years. Mr. Hood will become an Advisor to the Board of Directors of The Original Cakerie. Mr. Lapadat served as the Chief Executive Officer of Flagstone Foods, Inc., from December 2010 to March 2015. Prior to that, he was President and Chief Operating Officer of the Snack Foods Group of Conagra Foods Inc. from 2004 to 2010. He joined ConAgra Foods in 2001, when Conagra Foods Inc. acquired International Home Foods. After that transfer, he served as General Manager, Store Brands, for three years from 2001 to 2003. Mr. Lapadat began his career in finance with General Mills and then progressed through the brand marketing ranks with Kraft and Pillsbury. He is also an Independent Director of Inventure Foods, Inc.
Mondo [BOSTON, MA and NEW YORK, NY] announced that Tim Johnson has been promoted to CEO. Mondo has dual headquarters in New York City and Boston, and Johnson will be located in its Boston office. He replaces Michael Kirven, the founder and former CEO, who will now serve as Chairman of the Board. Johnson has been with Mondo for more than 12 years. He previously served as the Vice President of Sales for Mondo since April 2013. Before that, Johnson served as the Vice President of Sales and Director of Sales.
Madison Gas and Electric and MGE Energy, Inc. [MADISON, Wis.] (NASDAQ: MGEE) announced that Gary Wolter will retire as President and CEO of MGE Energy and its subsidiary, Madison Gas and Electric Co. Jeffrey Keebler will assume the roles of President and CEO. Wolter will continue as Chairman of the Board of both companies. Keebler also was appointed to the Boards of Directors of both companies. Keebler started with MGE in 1995. He has held various leadership positions at MGE in Energy Supply, Rates, Generation Planning, Information Technology, Customer Service and Human Resources. He is currently MGE’s Senior Vice President – Energy Supply and Planning.
Media Partners Corporation [BELLEVUE, Wash.] announced that John J. Hansen has joined Media Partners as Chairman and CEO. Mr. Hansen has more than 20 years of experience in software and telecommunications.
Loews Hotels [NEW YORK] announced that Jonathan M. Tisch will resume the duties of CEO for the Company following the departure of Kirk Kinsell. Mr. Tisch will continue to serve as Chairman of Loews Hotels and Co-Chairman of the Board for Loews Corporation.
Opportunity International [CHICAGO] announced the appointment of Atul Tandon as its U.S. CEO. Tandon is an Indian American who was born and raised in India. His track record includes leadership roles with CitiBank’s global consumer banking arm, World Vision and United Way Worldwide. He played a key part in the founding of the One Campaign.
WebPT [PHOENIX, AZ] announced the appointment of Nancy Ham as the company’s chief executive officer. Ham replaces Paul Winandy, who served as the company’s CEO from 2010 to 2016. Prior to taking the helm at WebPT, Ham served as CEO of Healthagen Population Solutions. In addition to her tenure at Healthagen Population Solutions, Ham has served as president, CEO and director at MedVentive; president of Sentillion; and president of ProxyMed. In 2016, she was recognized as one of the 25 Most Powerful Women in Health IT.
Intermountain Healthcare [SALT LAKE CITY] announced that A. Marc Harrison, MD, has officially started as the new president and CEO. In this role, he succeeds Charles W. Sorenson, who recently retired as president and CEO. Dr. Harrison most recently held positions as chief of International Business Development for Cleveland Clinic, and CEO of Cleveland Clinic Abu Dhabi. Dr. Harrison’s earlier roles included serving as chief medical operations officer for Cleveland Clinic.
bionorthTX [DALLAS & FORT WORTH, Texas] has named Harold Strong as president and CEO. Mr. Strong served as director of the University of North Texas Discovery Park and the school’s technology transfer department; and he was executive director of the Texas A&M University Research Park. He also is a board member and past president of the Association of University Research Parks.
Unifrax LLC [TONAWANDA, N.Y.] announced that current CEO David Brooks will retire after 36 years of service. David will remain on the boards of Unifrax and Luyang Energy Saving Materials Company. John Dandolph will become President and CEO. John currently serves as Executive Vice President, CFO, and Chief Strategy Officer. Prior to joining Unifrax in 2013, John held Senior General Management roles for 6 years including serving as the President of the Silicone and Quartz Division of Momentive Performance Materials and President of Momentive Asia Pacific. He was also the CFO of Momentive Asia Pacific and spent 9 years with General Electric in financial leadership roles.
Critical Mention, Inc. [NEW YORK, NY] announced that Don Yount has been named CEO. He had been serving as the company’s president since March and succeeds Sean Morgan, who founded the company. Sean will continue to serve as chairman of the Board of Directors. Yount joined Critical Mention after having served as president of Corente. Prior to Corente, Yount served as executive vice president and COO of TVI Corp.