CEO Moves this week include:
|Intezyne||Tintri, Inc.||Matinas BioPharma Holdings, Inc.|
|Citi Trends Inc.||Eurocontrol Technics Group Inc.||Purple Innovation, Inc.|
|The Russell Center for Innovation & Entrepreneurship (RCIE)||The Medical Device Innovation Consortium (MDIC)||EQT Corporation|
|Alpha Space Test and Research Alliance, LLC||Sportsman’s Warehouse||Riata Capital Group|
|Hut 8 Mining Corp.||WTS, Inc.||Great Expressions Dental Centers|
|HEPACO, LLC||UnitedHealth Group||ShooWin, Inc.|
|Manning & Napier, Inc.||Lattice Semiconductor Corporation||A+E Networks|
|Citra Health Solutions||Ekso Bionics Holdings, Inc.||The Materials Science Division of DowDuPont|
|Presperse Corporation||GroundTruth||Column5 Consulting|
|J.Jill, Inc.||Amagi||SMART Global Holdings, Inc.|
|SeniorWell||Green Shield Canada||America’s Health Insurance Plans (AHIP)|
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Intezyne [TAMPA, Fla.] announced that the company’s Chief Financial Officer, E. Russell McAllister, has been selected as its next President and Chief Executive Officer. Russell joined Intezyne as Chief Financial Officer in late 2016. He has 20 years of experience in the biopharmaceutical industry, including senior roles in equity research and healthcare investment banking.
Tintri, Inc. [MOUNTAIN VIEW, Calif.] (NASDAQ: TNTR) has named Tom Barton as Chief Executive Officer and as a member of its Board of Directors. Barton previously served as CEO of Rackable Systems, and held senior executive roles at Planet Labs, Canara and Red Hat. Barton has also spent time at Lightspeed Venture Partners, Cygnus Solutions, Red Hat and McKinsey & Co.
Matinas BioPharma Holdings, Inc. [BEDMINSTER, N.J.] (NYSE AMER: MTNB) announced the appointment of Jerome D. Jabbour, Co-founder and President of Matinas, as its Chief Executive Officer (“CEO”) and a member of its Board of Directors. As part of a planned transition, Roelof Rongen has stepped down as CEO and a member of the Board. Jabbour is a Co-founder of Matinas and has served as President since March 2016 and as Executive Vice President, Chief Business Officer since 2013.
Citi Trends Inc. [SAVANNAH, Ga.] (NASDAQ: CTRN) announced that Bruce Smith, acting Chief Executive Officer, has been promoted to serve as the permanent Chief Executive Officer and has been appointed to the Board of Directors. Mr. Smith has been serving as acting CEO since March 2017, when the previous CEO resigned. Mr. Smith has been with Citi Trends for almost 11 years. He joined the company in April 2007 as Senior Vice President and Chief Financial Officer, was promoted to Executive Vice President and Chief Financial Officer in March 2010, and was promoted to Chief Financial Officer, Chief Operating Officer and Secretary in March 2015. Prior to joining the Company, Mr. Smith served as CFO of two other public companies, Hancock Fabrics, Inc. and Fred’s, Inc.
Eurocontrol Technics Group Inc. [TORONTO] (TSX-V: EUO, OTCQB: EUCTF) announced the appointment of Paul Wood as Interim President and Chief Executive Officer of the Company, following the resignation of Bruce Rowlands who will remain on the Company’s board of directors. Paul Wood will continue to serve as a member of the Company’s board of directors.
Purple Innovation, Inc. [ALPINE, Utah] (NASDAQ: PRPL) announced that Sam Bernards has stepped down as Chief Executive Officer in order to pursue other opportunities. Terry Pearce, Co-Founder and Chairman of the board of directors, will serve as interim CEO.
The Russell Center for Innovation & Entrepreneurship (RCIE) [ATLANTA] announced the hiring of James “Jay” Bailey as its President and CEO. Most recently, Bailey founded Greenwood Archer, a private equity firm. Before Greenwood Archer, Bailey served as CEO for the Southeastern Region of Operation HOPE.
The Medical Device Innovation Consortium (MDIC) [ARLINGTON, Va.] announced Pamela Goldberg as President and Chief Executive Officer of MDIC. Ms. Goldberg joins MDIC following her most recent tenure as an independent consultant. Ms. Goldberg also brings with her extensive experience from her time as CEO at the Massachusetts Technology Collaborative.
EQT Corporation [PITTSBURGH] (NYSE: EQT) announced Steven Schlotterbeck, President and Chief Executive Officer, has resigned from the Company for personal reasons and stepped down from the Board of Directors. Mr. Schlotterbeck has also resigned his positions with EQT GP Holdings, LP (NYSE: EQGP), EQT Midstream Partners, LP (NYSE: EQM) and Rice Midstream Partners LP (NYSE: RMP). The Board of Directors has appointed David L. Porges as Interim President and Chief Executive Officer. Porges previously led EQT as Executive Chairman from March 2017 until February 2018, Chairman and Chief Executive Officer from December 2015 to February 2017, and Chairman, President, and Chief Executive Officer from May 2011 through December 2015. He joined EQT in 1998 as Senior Vice President and Chief Financial Officer. Jerry Ashcroft will replace Mr. Schlotterbeck as the President and Chief Executive Officer of EQGP, EQM and RMP.
Chewy.com [PHOENIX] announced that Ryan Cohen, the co-founder and chief executive officer has decided to step down from his day-to-day role as CEO. Chewy.com (“Chewy”) will be led by Sumit Singh, current chief operating officer of Chewy, who joined the company in August 2017 from his role as Director of Amazon Fresh Worldwide. Previously, Mr. Singh worked for Dell, Inc.
LÍLLÉbaby [BOULDER, Colo.] announced that Jeff Colton has joined as Chief Executive Officer. The company’s foundress, Lisbeth Lehan, will transition to a promoting and educating role. Prior to joining LÍLLÉbaby, Jeff was CEO for DayMen.
Alpha Space Test and Research Alliance, LLC [HOUSTON] has named Mark Gittleman as its new president and chief executive officer. Gittleman previously served as executive vice president at Intuitive Machines, LLC, as a group vice president within Oceaneering International’s Subsea Products business segment, and as the vice president and general manager of Oceaneering Space Systems.
Sportsman’s Warehouse [MIDVALE, Utah] (NASDAQ: SPWH) announced the retirement of its Chief Executive Officer, John Schaefer. Jon Barker, the Company’s President and Chief Operating Officer, has been appointed as the Company’s Chief Executive Officer. Prior to joining the Company in March 2017, Mr. Barker was VP Global Officer for Wal-Mart Stores, Inc. where he served in the dual roles of President and CEO of Hayneedle.com, , since 2013, and effective January 2017 as group leader for the Home and Outdoor furnishings categories for U.S. ecommerce across Walmart.com, Jet.com and Hayneedle.com. From 2008 to 2013, Mr. Barker was Chief Operating Officer of Hayneedle.com. Prior to Walmart, Mr. Barker served as Senior Vice President of Distribution-Logistics at Cornerstone Brands from 1999 to 2008.
Acuity Eyecare Group [DALLAS] announced that Eric Anderson as Chief Executive Officer. Prior to joining Acuity, Anderson served as Executive Vice President at Fossil Group leading their multi-brand licensed portfolio. Previous to Fossil, he spent almost 20 years at Luxottica in several prominent leadership positions including President and GM of LensCrafters North America, Chief Executive and GM of GMO Opticas in Santiago, Chile, GM of Target Optical, VP Marketing and Business Development for Pearle Vision, and VP at Sunglass Hut.
Hut 8 Mining Corp. [VANCOUVER, British Columbia] (TSX-V: HUT) announced the appointment of Andrew Kiguel as President and Chief Executive Officer and a director of the Company, effective April 2, 2018. Sean Clark will step down as Interim Chief Executive Officer of the Company on March 31, 2018, but will continue to serve the Company in an advisory role. Mr. Kiguel joins Hut 8 from GMP Securities L.P., where he played an integral role for more than 18 years in the Real Estate and Retail Capital Markets groups, including most recently as Managing Director, Investment Banking, as well as a key member of GMP’s Blockchain Investment Banking Group.
WTS, Inc. [LEWISTON, N.Y.] announced that Michael Wurst will assume the role and responsibilities of President and CEO. Michael is succeeding WTS Founder Gary Hall who will continue to serve as WTS’s Chairman. Since joining WTS 22 years ago, Michael has held numerous positions in Finance, Business Development and Management.
Great Expressions Dental Centers [SOUTHFIELD, Mich.] announced that Dan Hirschfeld has joined the company as Chief Executive Officer. Most recently, Hirschfeld served as President of Genesis Rehabilitation Services and International Operations and EVP/COO for Genesis Healthcare, Inc.
HEPACO, LLC [CHARLOTTE, N.C.] announced that it has named former Fluor Corporation executive Kenneth L. Smith as Chief Executive Officer. Mike Szomjassy, who has served as Interim CEO, will continue to serve on HEPACO’s Board of Directors. Prior to joining HEPACO, Smith served in various leadership positions over a 20 year tenure at Fluor Corporation. Prior to his time at Fluor, Mr. Smith served in a senior leadership role at Jacobs Engineering Group.
Optum [MINNEAPOLIS] (NYSE: UNH) announced Larry C. Renfro, vice chair of UnitedHealth Group and chief executive officer of Optum, will now lead UnitedHealth Group’s Optum Ventures. Andrew Witty will join UnitedHealth Group, succeeding Renfro as CEO of Optum, effective July 1, 2018. Witty is the former chief executive officer of GlaxoSmithKline plc (GSK) and has served as a member of the UnitedHealth Group board of directors since August 2017. Renfro joined UnitedHealth Group in 2009 as CEO for the Public and Seniors Market Group before becoming CEO of Optum in 2011 and also vice chair in 2014. Witty will step down from the UnitedHealth Group board of directors, effective immediately. Witty also serves on the board of G1 Therapeutics, Inc.
ShooWin, Inc. [NEW YORK] announced David Lane as Chief Executive Officer. Lane, who joined ShooWin in 2017, succeeds Brisa Trinchero who will remain as Chairman of the Board. Lane comes to ShooWin with more than twenty years of C-level experience and leading business units with a number of well-known sports and media businesses such as FanDuel, TouchTunes, and Outfront (Formerly CBS Outdoor).
Manning & Napier, Inc. [FAIRPORT, N.Y.] (NYSE: MN) announced the formation of an interim Office of the Chief Executive Officer to be filled by long-standing senior executives, Executive Vice President, Charles Stamey, President, Jeffrey Coons, and Richard Goldberg, Board Member. Stamey, Coons, and Goldberg have been appointed as co-CEOs within the Office of the CEO. Goldberg has served on the Manning & Napier Board of Directors since 2014, as an advisor to Manning & Napier since 1998, and has been an investment banker focused on the financial sector for the past thirty years. Stamey and Coons have been with the firm since 1993 and 1985 respectively.
Lattice Semiconductor Corporation [PORTLAND, Ore.] (NASDAQ: LSCC) announced that its President and Chief Executive Officer, Darin G. Billerbeck, has decided to retire and has stepped down from the Company’s Board of Directors. The Board has appointed Glen Hawk, the Company’s Chief Operating Officer since November 2015, as Interim CEO. Prior to joining Lattice, Mr. Hawk was the Vice President and General Manager of the NAND solutions Group at Micron Technology, Vice President and General Manager at Numonyx, and General Manager of the Flash Products Group at Intel.
A+E Networks [NEW YORK] President and Chief Executive Officer Nancy Dubuc has decided to step down from her role, effective April 16, 2018. Abbe Raven, chairman emeritus and former CEO of A+E Networks, who retired from the company in 2015 after 33 years, will return as acting chair to oversee the transition.
Citra Health Solutions [JACKSONVILLE, Fla.] announced the appointment of Scott Sanner as the organization’s chief executive officer. Sanner previously held positions at Change Healthcare including oversight of communication and payment services, as well as senior vice president and general manager of accountable care. Prior to that, Sanner was the senior vice president and general manager of technology services at MED3000, Inc. Sanner began his career at Misys Healthcare where he ultimately led the commercial operations of that business.
Ekso Bionics Holdings, Inc. [RICHMOND, Calif.] (NASDAQ: EKSO) announced that it has named Jack Peurach as President and Chief Executive Officer. Mr. Peurach, a member of the Ekso Bionics Board of Directors since January 2011 and a co-founder of the company, succeeds Thomas Looby, who is leaving the company and the board to pursue other interests. Prior to joining Ekso Bionics, Mr. Peurach was the Executive Vice President, Products for SunPower Corp. From 2009 to 2011, Mr. Peurach served as Executive Vice President, Research and Development for SunPower, where he led the research and development efforts of the PV Cells, Modules and Systems. Mr. Peurach served in various roles of increasing responsibility from 2007 to 2011 at SunPower and PowerLight, which was later acquired by SunPower.
The Materials Science Division of DowDuPont [MIDLAND, Mich.] (NYSE: DWDP) announced that the Materials Advisory Committee of the DowDuPont Board of Directors, intends to appoint Jim Fitterling, currently Chief Operating Officer for the Materials Science Division of DowDuPont, and President and Chief Operating Officer of The Dow Chemical Company, to the role of Chief Executive Officer of the intended Materials Science Company to be called Dow upon intended separation of the company. Fitterling joined Dow in 1984 and served in a variety of Sales, Marketing and Supply Chain positions before being named Commercial Director for Liquid Separations, Dow Pacific in the mid-1990s. He later was named to lead the Liquid Separations business unit and served as President and CEO of FilmTec Corporation, a wholly owned subsidiary of Dow based in the U.S. Then, he returned to Asia Pacific where he led the whole of Dow’s operations in Thailand and the SCG-Dow Group of joint venture companies, and subsequently was named CEO of The OPTIMAL Group, affiliate of Petroliam Nasional Berhad (PETRONAS), Malaysia’s state-owned oil corporation and The Dow Chemical Company. Fitterling served as president of Dow Packaging and Specialty Plastics business; and as senior vice president of Corporate Development. In 2015, he was named vice chairman and chief operating officer. He was named to his current role in 2016.
Presperse Corporation [SOMERSET, N.J.] announced that current Executive Vice President of Commercial Operations at Presperse, Paulo Rodrigues, will succeed Koh Akiyama as the new President and CEO of Presperse. Akiyama will return to Tokyo for another role with its parent company, Sumitomo Corporation. Rodrigues joined Presperse in July 2015 as Director of Sales. Rodrigues has overseen all commercial operations for Presperse, including Marketing, R&D, Supply Chain, and Sales. Prior to joining Presperse, Mr. Rodrigues held senior leadership positions in personal care with Cognis, Givaudan, BASF, and DSM.
GroundTruth [NEW YORK] announced the appointment of Sunil Kumar to Chief Executive Officer. Kumar, a co-founder of GroundTruth, has been serving as the company’s Chief Operating Officer for the past two years. Before founding GroundTruth, Kumar was a founder of V-Enable, which provided voice search solutions to a host of carriers including Verizon, Sprint and Cricket.
Column5 Consulting [LAS VEGAS] announced Ian Thurbon as the company’s new CEO. Former CEO, David Den Boer, will remain Column5’s Founder and Executive Chairman. Thurbon has nearly 30 years of experience in the software and IT industries. His professional history includes a wide variety of roles, ranging from VP Services, SVP Operations, EVP Corporate Strategy, through to President and CEO.
J.Jill, Inc. [QUINCY, Mass.] (NYSE: JILL) announced that Paula Bennett will retire as President and CEO and Director of J.Jill, Inc. Bennett will be succeeded by Linda Heasley, who currently serves on the Board of Directors of J.Jill, Inc., effective April 16, 2018. Heasley has served on the Board of J.Jill since March 2017 and most recently served as Chief Executive Officer of The Honey Baked Ham Company, LLC since February 2017. Prior to joining HoneyBaked Ham, she served as Chief Executive Officer and President of Lane Bryant, Inc. Heasley also previously served as the Chairman, President and Chief Executive Officer at Limited Stores LLC from 2007 to 2013. She also previously held senior leadership roles at CVS Health Corporation, Timberland LLC, Bath and Body Works and L Brands, Inc., and she has been on the Board of Directors of Sally Beauty Holdings, Inc. since May 2017.
Amagi [NEW YORK] announced that it has named Deepakjit Singh as its Chief Executive Officer. Prior to joining Amagi, Deepakjit served as Chief Innovation Officer at Encompass, and Managing Director for APAC region. Earlier, Deepakjit served as VP of Sales and Marketing at Ascent Media following a stint as SVP at Bharti Airtel.
SMART Global Holdings, Inc. [NEWARK, Calif.] (NASDAQ: SGH) announced that its current Executive Chairman, Ajay Shah, has agreed to accept the full-time position as the next President and CEO of SMART and will continue as the Chairman of the Board. As previously announced, Iain MacKenzie will remain on the board of directors and will continue as Co-CEO until the transition to Shah is complete. Shah co-founded SMART Modular Technologies, SMART’s predecessor company, in 1988 and served as Chief Executive Officer and Chairman of the Board until 2000 when it was acquired by Solectron Corporation. He has served as SMART’s Chairman of the Board since its spin-off from Solectron in April 2004. Shah founded the private equity firm Shah Capital Partners. He joined Silver Lake in 2007, and is the co-founder and Managing Partner of Silver Lake Sumeru. Since 2014, Shah has also served as a Senior Operating Partner of Sumeru Equity Partners.
Green Shield Canada [WINDSOR, Ontario] announced that Steve Bradie, president and CEO, has informed the board of directors of his intention to retire in December 2018.
America’s Health Insurance Plans (AHIP) [WASHINGTON] appointed Matt Eyles AHIP’s new president and CEO of America’s Health Insurance Plans, the largest and most effective advocacy group for health insurance providers in the country. Matt will succeed Marilyn Tavenner, who is retiring, effective June 1st.