CEO Moves this week include:
|Mattel, Inc.||Canadian Pacific Railway Limited||DocuSign|
|Donuts Inc.||OptioLabs||Hotel Equities|
|ArmaGen, Inc.||Oncolytics Biotech® Inc.||Bear State Bank|
|San Diego North Economic Development Council||DRB Financial Solutions, LLC||Lexumo|
|A Wireless||Merrimack Pharmaceuticals, Inc.||Wayne County Airport Authority|
|Symphony Technology Group||U.S. Bancorp||Continuum Analytics|
|Christopher & Banks Corporation||Honsador Holdings, LLC||Linde Engineering North America|
|Gannett Fleming||Signature Medical Group||Dogtopia Enterprises®|
|Red Dot Corporation||Ramius LLC||Roka Bioscience, Inc.|
|Jackson Hewitt Tax Service||PointOS||The U.S. Dairy Export Council|
|Barton & Loguidice, D.P.C.||Breezeworks||Buchanan & Edwards Inc.|
|One Touch Brands||MINES & Associates||U.S. Water|
|Potomac Bancshares, Inc.||Numecent|
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Mattel, Inc. [EL SEGUNDO, Calif.] (NASDAQ: MAT) announced that Margaret (“Margo”) H. Georgiadis has been named as Chief Executive Officer, effective February 8, 2017. Ms. Georgiadis, who will also join Mattel’s Board of Directors, was most recently President, Americas at Google Inc. She will succeed Christopher A. Sinclair as CEO. Mr. Sinclair, who has led the company as Chairman and CEO since early 2015, joined Mattel’s Board in 1996 and has served previously as Independent Lead Director and Chair of the executive and audit committees. Going forward, he will serve as Executive Chairman of the Board. Ms. Georgiadis has served as Chief Operating Officer of Groupon, Inc., and Executive Vice President of Card Products and Chief Marketing Officer of Discover Financial Services. Prior to Discover, Ms. Georgiadis was a partner at McKinsey & Company for 15 years in London and Chicago. Ms. Georgiadis currently serves on the Boards of Directors of McDonald’s Corporation and Amyris, Inc.
Canadian Pacific Railway Limited [CALGARY] (TSX: CP, NYSE: CP) announced that Keith Creel will become President and Chief Executive Officer of the company effective January 31, 2017 following E. Hunter Harrison‘s decision to retire from CP.
DocuSign [SAN FRANCISCO] announced that Daniel Springer has joined the company as CEO. Previously, Springer served as Chairman and CEO at Responsys for ten years. Keith Krach will continue in his role on DocuSign’s board as Chariman. Previously, Springer was the Managing Director of Modem Media and also served as CEO at Telleo, Inc., CMO at NextCard, and a consultant at McKinsey & Company. He started his career at DRI/McGraw-Hill and Pacific Telesis.
Donuts Inc. [BELLEVUE, Wash.] announced the appointment of Bruce Jaffe as chief executive officer. Paul Stahura, Donuts’ co-founder and current CEO, will continue to serve in a full-time role as executive chair of Donuts’ board of directors. Jaffe, who has been a consultant and served on the Donuts Board, assumed the role of CEO effective January 1. He serves on several public and private boards, has been an active technology investor, consultant and advisor. Previously, Bruce held a variety of executive positions at Microsoft, most recently leading its corporate development group.
OptioLabs [BALTIMORE] announced the promotion of Bill Anderson to Chief Executive Officer. Prior to joining OptioLabs, Anderson founded Oculis Labs in 2007 and led it through acquisition. Previous to that he served as Vice Chairman of the Board of the Maryland Technology Development Corporation, Vice President, Encryption Products for SafeNet Inc., and he directed product management and marketing at Aether Systems and Certicom.
Hotel Equities [ATLANTA] promoted President Brad Rahinsky to the position of President & Chief Executive Officer. Fred Cerrone, founder of the firm, retains the position of Chairman. Rahinsky joined Hotel Equities five years ago.
ArmaGen, Inc. [CALABASAS, Calif.] announced that it has appointed Mathias Schmidt as chief executive officer, as well as a member of ArmaGen’s board of directors. Dr. Schmidt held various positions with Takeda Pharmaceuticals and its subsidiaries since 2001, including oncology drug discovery, early alliance management and head of biologics. He joined Takeda California in 2012 as Vice President of Biological Sciences. He joined the pharmaceutical industry in 1999 after working for several years at various cancer hospitals in Germany and the U.S.
Oncolytics Biotech® Inc. [CALGARY] (TSX: ONC, OTC: ONCYF) announced that Matt Coffey has been appointed to the role of President and Chief Executive Officer. Dr. Coffey had been serving as the Company’s Interim President and Chief Executive Officer since early November 2016. A co-founder of the Company, Dr. Coffey has held progressively senior roles with Oncolytics including, Chief Operating Officer since December 2008, Chief Scientific Officer, Vice-President of Product Development and Chief Financial Officer.
Bear State Bank [LITTLE ROCK, Ark.] and its holding company, Bear State Financial, Inc. announced that the Company’s and Bank’s Board of Directors have elected Matt Machen, current President of Bear State Bank, to become President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank. Mark McFatridge informed the Bank and Company Board of Directors of his resignation as President and CEO of the Company on January 14, 2017. Machen joined Bear State Bank (then First Federal Bank) following a recapitalization of the Bank in 2011 by Bear State Financial Holdings. He successfully led the Bank turnaround in Northwest Arkansas before relocating to Little Rock to become Chief Financial Officer of the Company and the Bank and was promoted to his current role of Bank President in 2016.
San Diego North Economic Development Council (SDNEDC) [SAN MARCOS, Calif.] announced that Mike Cully has been appointed by the Board of Directors to the role of Chief Executive Officer. Cully was recently part of the global leadership team for car2go N.A., a division of Daimler AG. Prior to his work in the private sector, Cully served as President & CEO of both the San Diego East County and the Visalia, CA Chambers of Commerce. Cully’s experience includes more than a decade of work as an on-air television reporter/anchor; serving as Public Relations lead for Kaiser Permanente in California’s Central Valley and leading the Marketing team for the Fresno County Workforce Investment Board. Cully also served on the boards of the East County EDC; the San Diego Regional Airport Advisory Board; the Salvation Army Board; the Communities Against Substance Abuse Board; the Mission Bay Rowing Association Board; the East County Visitor’s Bureau Advisory Board and served as Vice Chairman of the Southern California Association of Chamber Executives. Cully succeeds Carl Morgan, who served the organization from 2012 to 2016.
DRB Financial Solutions, LLC (DRB) [DELRAY BEACH, Fla.] announced that Orlando Zayas has joined as Chief Executive Officer. Before joining DRB, Mr. Zayas spent the last three years at Tempoe. Prior to Tempoe, he served in various executive roles at GE Capital and Cendant Corporation.
Lexumo [CAMBRIDGE, Mass.] announced the appointment of Daniel McCall as Lexumo’s Chief Executive Officer. Mr. McCall is a high-technology veteran with over 30 years of experience and co-founder of multiple successful companies including Guardent (acquired by Verisign in 2004) and Virtual Computer (acquired by Citrix in 2012) where he served as President and CEO. He has also led large divisions of publicly traded companies including running the XenDesktop product line for Citrix following the acquisition of Virtual Computer and serving as Vice President at VeriSign, iCube/RazorFish and Shiva Corporation.
A Wireless [MINNEAPOLIS] appointed George Sherman as its new Chief Executive Officer (CEO). Most recently, Sherman was President and also served as Interim Chief Executive Officer for Advance Auto Parts. Previously, Sherman was the Senior Vice President, Global Services and President, Best Buy Services for Best Buy, from 2009 until 2013. Prior to joining Best Buy, Sherman spent four years at the Home Depot, where he served as Senior Vice President of Operations and President of Home Depot Home Services. Sherman began his career with Target/Mervyn’s, where he served as Senior Vice President, Store Operations for the Mervyn’s department stores and as Regional Vice President for Target in both Dallas and Chicago. Previously, Sherman served as an officer in the United States Air Force for seven years.
Merrimack Pharmaceuticals, Inc. [CAMBRIDGE, Mass.] (NASDAQ: MACK) announced that Richard Peters, has been appointed as the Company’s President and Chief Executive Officer, effective February 6, 2017, at which time he will also be appointed to the Merrimack Board of Directors. Dr. Peters will join Merrimack from his current role at Sanofi Genzyme, where he serves as Senior Vice President and Head of Global Rare Diseases. He replaces Gary Crocker, Chairman and Interim President and CEO, who guided the Company during the recent restructuring process and search for a permanent CEO and will remain Chairman of the Board. Dr. Peters is an expert in the field of Oncology, previously serving as Division Medical Officer at Sanofi Oncology, and is the former Head of Global and US Medical Affairs at Genzyme Transplant/Oncology. He has also served as a Senior Director at Onyx Pharmaceuticals, as a Director at Amgen, and as Chief Executive Officer of Mednav.
Wayne County Airport Authority [DETROIT] which operates Detroit Metropolitan (DTW) and Willow Run (YIP) airports, appointed Joseph R. Nardone to serve as CEO. Previously, he was the Airport Authority’s Vice President of Business Development & Real Estate for nearly two years before becoming Interim CEO. Highlights of Nardone’s career include working in Europe and the U.S. while Vice President of Huron Valley Steel Corporation and Fritz Enterprises, and serving as Director of Southgate Properties.
Symphony Technology Group (STG) [ATLANTA], parent company of Ventiv Technology, announced that it has chosen Bill Diaz as the organization’s next chief executive officer. Diaz is succeeding former CEO, Stephen Rhee, who is joining STG in an executive-in-residence capacity. Prior to joining Ventiv, Bill spent four years as chief executive officer of Marsh ClearSight (STARS), spending 17 as an employee with the company.
U.S. Bancorp [MINNEAPOLIS] (NYSE: USB), parent company of U.S. Bank, announced that Andy Cecere, currently President and Chief Operating Officer (COO), will succeed Richard Davis as Chief Executive Officer (CEO) on April 18, 2017, the date of the Annual Meeting of Shareholders. Davis, currently Chairman and CEO, will continue as Executive Chairman following this succession. Cecere has also been elected to the Board of Directors of U.S. Bancorp. Cecere has been with U.S. Bank since 1985. He has served as President and COO since January 2016. Prior to that, he served as Vice Chairman and Chief Financial Officer, and Vice Chairman of Wealth Management and Securities Services.
Continuum Analytics [AUSTIN, Texas] announced Scott Collison as the company’s new chief executive officer (CEO). Collison, also joins the Board of Directors. Collison succeeds co-founder and fellow Board member, Travis Oliphant, who will shift to the role of chief data scientist. Collison previously held the position of vice president of Hybrid Platform at VMware. Prior to that, he was vice president of Platform Go to Market at Salesforce.com. He was also instrumental in the sale of Signio (now a division of PayPal) to Verisign in 1999 and has held a variety of executive positions at both large software companies and startups, including Microsoft, SourceForge and Geeknet.
Christopher & Banks Corporation [MINNEAPOLIS] (NYSE: CBK) announced the appointment of Joel Waller as interim President and Chief Executive Officer (“CEO”) and the departure of LuAnn Via, President & CEO. Mr. Waller successfully served in a similar capacity for the Company several years ago. His proven track record includes serving as the Chief Executive Officer of The Wet Seal, Inc. from 2005 to 2008 and prior to that as the Chief Executive Officer of Wilsons Leather, for approximately twenty years, ending in January 2005.
Honsador Holdings, LLC [KAPOLEI, Hawaii] announced that it has named Newell LaVoy as the Company’s Chief Executive Officer. Norm Plotkin will continue in the role of Executive Chairman. The companies with whom Mr. LaVoy has worked include Builders FirstSource, Moore’s Lumber & Building Supplies, Pelican Companies, Builderway, Western Lumber Company and Boise Cascade Corporation.
Gannett Fleming [HARRISBURG] named Robert M. Scaer as chairman of the board and chief executive officer. Scaer served as president and COO from 2009 through 2016. He also was the chief information officer from 2004 to 2013. From 2002 to 2009, Scaer was president of GeoDecisions, Gannett Fleming’s geospatial and IT solutions division.
Dogtopia Enterprises [PHOENIX] announced that former President & CEO of PetSmart David K. Lenhardt has been appointed to Dogtopia’s board of directors. Lenhardt served as the President & Chief Executive Officer of PetSmart and spent more than 14 years with the company before stepping down in 2015. Prior to his role as President & CEO, Lenhardt served in multiple senior leadership roles at PetSmart from 2000-2012. From 1996 to 2000, he served as manager of Bain & Company, Inc. Lenhardt also has served as an analyst in the corporate finance and Latin American groups of Merrill Lynch & Co.’s investment banking division.
Red Dot Corporation [SEATTLE] announced the appointment of Rick McNamee as permanent chief executive officer. McNamee first joined Red Dot in May 2016 as interim CEO and also holds a seat on the company’s board of directors.
Ramius LLC [NEW YORK], the global investment management business of Cowen Group, Inc. (NASDAQ:COWN), announced that Ramius CEO Michael Singer is leaving to pursue new career opportunities. Fred Fraenkel, Vice Chairman of Cowen, has been named interim Head of Asset Management. Prior to joining Cowen, Mr. Fraenkel was President of Fairholme Capital Management and Chief Research Officer since 2011. Prior to Fairholme, Mr. Fraenkel was Vice Chairman and Chairman of the Investment Policy Committee of Beacon Trust Company. Mr. Fraenkel founded Millennium 3 Capital in 2000, and served as Chairman until 2009. Prior to that, he served as Vice Chairman of ING Barings Furman Selz and Chief Operating Officer of Furman Selz. Prior to Furman Selz, Mr. Fraenkel spent seven years at Lehman Brothers, where he was a Managing Director and Director of Global Research. Prior to Lehman Brothers, Mr. Fraenkel was Chairman and Chief Executive Officer of Market America Group. He also spent four and a half years as Director of Equity Research and a member of the Board of Directors at Prudential Securities. Mr. Fraenkel began his Wall Street career in 1974 as a securities analyst with Goldman Sachs and was Chief Investment Strategist for E.F. Hutton in 1982.
Roka Bioscience, Inc. [WARREN, N.J.] (NASDAQ: ROKA) announced the appointment of Mary Duseau as President and CEO. Ms. Duseau succeeds Paul Thomas, the Company’s President and CEO since 2009, who will assume the position as Chairman of the Company’s Board of Directors. Duseau has served as Senior Vice President, Chief Commercial Officer of Roka Bioscience since February 2015. From October 2012 until January 2015, Ms. Duseau served as Global Sales Director and on the board at Andor Technology plc, a division of Oxford Instruments plc. Prior to joining Andor, Ms. Duseau held various sales and management roles of increasing responsibility with PerkinElmer, Inc. from 2000 through September 2012, including the position of Vice-President Sales & Marketing, Bio-discovery, from 2008 to September 2012.
Jackson Hewitt Tax Service [JERSEY CITY, NJ] named Alan D. Ferber its Chief Executive Officer. Ferber joins the tax brand from ADT Residential, where he served as President. Before ADT Residential, he was Chief Operating Officer and Chief Marketing Officer of US Cellular. Ferber replaces outgoing CEO David Prokupek. To ensure a smooth transition, Prokupek will serve as co-CEO working with Ferber until the end of the tax season. Prokupek will remain a major investor and advisor to the board of Jackson Hewitt.
The U.S. Dairy Export Council (USDEC) [ARLINGTON, Va.] announced that former U.S. Department of Agriculture Secretary Tom Vilsack will join the organization as president and CEO, effective Feb. 1, 2017. Vilsack will succeed Tom Suber, who served as president of USDEC since its founding in 1995, and retired at the end of 2016.
Barton & Loguidice, D.P.C. (B&L) [SYRACUSE, N.Y.] announced that John F. Brusa, Jr. was appointed President and CEO, replacing Nicholas J. Pinto, who retired at the end of 2016. Brusa was appointed following his years as leader of the firm’s Solid Waste Management Group.
Buchanan & Edwards Inc. [WASHINGTON] announced that Dennis Kelly has joined the company as its new president and CEO. Kelly most recently was CEO of IOMAXIS, and will continue to serve as a member of its board of advisers. Previously, Kelly was president of National Security Solutions for PAE following its 2015 acquisition of A-T Solutions, which he led as president and CEO.
One Touch Brands [AUSTIN, Texas] announced they have named Sean Erickson President and CEO. Prior to joining One Touch Brands as CEO, Mr. Erickson most recently lead the venture portfolio of Sitel & Group Acticall, while serving as the Chief Marketing Officer and Chief Infrastructure Officer for Sitel, contributing to the sale of Sitel to Groupe Acticall in 2015. Prior to Sitel, he was CEO of Cloud 10. Before that he was CEO of Vercuity. Sean was recruited by the private equity group while he was at Dell, following executive roles in companies including Teletech, TCI, and MCI.
MINES & Associates [DENVER, COLORADO] announced that after 36 years at the helm, Robert Mines, founder of MINES, has moved into a Chairman role. Daniél (Dani) C. Kimlinger, is the new CEO of Mines and Associates. She joined MINES in 2008.
U.S. Water [ST. MICHAEL, Minn.] announced that LaMarr Barnes has been named Chief Executive Officer of U.S. Water Services (U.S. Water), a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE). Barnes replaces former CEO Allan Bly, who resigned his position after a 20-year career with the company. Hired in 2010 as Vice President of Marketing, Barnes assumed added responsibilities as Vice President of Marketing and Business Development before being named Senior Executive Vice President of Marketing and Strategy in 2015.
Potomac Bancshares, Inc. [CHARLES TOWN, W.Va.] and its subsidiary, Bank of Charles Town, announced that Robert F. Baronner, Jr., has decided to step down from his positions as President and Chief Executive Officer of Potomac and the Bank, due to significant health issues. Arch A. Moore, III, has been appointed by the Board of Directors of Potomac and the Bank to serve as acting President and Chief Executive Officer.
Numecent® [IRVINE, Calif.] promoted Arthur Hitomi to President and CEO. Dr. Hitomi co-founded Numecent in 2008 and since has been its Chief Technology Officer. In the past, he co-founded Endeavors Technology and has held both industry and academic positions.