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CFO Moves – Week Ending February 20, 2015

Cantor Fitzgerald, L.P. announced that Steven Bisgay has joined the firm as Chief Financial Officer.  Mr. Bisgay replaces Douglas Barnard, who is retiring at the end of Q1 2015 after nine years as CFO of Cantor Fitzgerald and over 30 years in the industry.  Mr. Bisgay joins Cantor from KCG Holdings, Inc., where he most recently served as Chief Financial Officer.  Before his appointment as CFO at KCG Holdings, Mr. Bisgay served as Chief Financial Officer and Chief Operating Officer, Head of Business Development, Group Controller and Director of Internal Audit at Knight Capital Group, Inc.  Prior to his tenure there, Mr. Bisgay was a Senior Manager at PricewaterhouseCoopers, LLP.

Kraft Foods Group, Inc. (NASDAQ: KRFT) announced that it has named James KehoeExecutive Vice President and Chief Financial Officer. He rejoins the company from Gildan Activewear Inc., a leading supplier of branded basic family apparel in Canada, where he most recently served as Executive Vice President and Chief Financial and Administrative Officer. Prior to that, he was Senior Vice President of Operating Excellence at Mondelez International, Inc. Mr. Kehoe’s most recent role at Kraft was as Senior Vice President, Corporate Finance. Mr. Kehoe succeeds Teri List-Stoll, whom the company announced last week would step down from her role as of Feb. 28, 2015. Ms. List-Stoll will work closely with Mr. Kehoe to ensure a smooth transition.

Kimberly-Clark Corporation (NYSE: KMB) announced that Chief Financial Officer Mark Buthman has announced his intention to retire at the end of 2015. The Company has named Maria Henry as Buthman’s successor. Henry, who was the CFO of Hillshire Brands Company from 2012 to 2014, and CFO of Sara Lee’s North American Retail and Food Service business from 2011 to 2012, will become Senior Vice President and Chief Financial Officer, effective April 27, and will work with Buthman on a smooth transition. Prior to joining Sara Lee in 2011, Henry was executive vice president and chief financial officer of Culligan International. Before Culligan, Henry was the chief financial officer for Vastera. She began her career at General Electric.

Flowserve Corporation (NYSE: FLS) announced that Michael Taff, senior vice president and chief financial officer, will be leaving the company. To ensure a smooth transition, Taff will be staying on through March 31. Malcolm Platt, vice president, finance for the Industrial Product Division, will serve as interim chief financial officer. Platt joined Flowserve in 2002, and has served in his current role since January 2012. Prior to his current role, he held various positions of increasing responsibility within the company’s finance organization.

Thermo Fisher Scientific Inc. (NYSE: TMO) announced that Peter M. Wilver, senior vice president and chief financial officer, has decided to retire, effective March 31, 2016. The company’s board of directors has elected Stephen Williamson, currently vice president of financial operations, as his successor, effective August 1, 2015. Williamson joined Thermo Fisher in July 2001 as vice president, European financial operations, based in the U.K., and subsequently served as the finance lead for the Informatics and Services, and Environmental Instruments businesses. He was named vice president of finance for Analytical Technologies in 2006, and two years later became vice president of financial operations for the company. Previously, Williamson held various finance leadership roles with AlliedSignal/Honeywell in the U.S. and Asia-Pacific. He began his career with Price Waterhouse in London and New York.

EnPro Industries (NYSE: NPO) announced that J. Milton Childress will assume the responsibilities of senior vice president and chief financial officer on March 31, 2015, replacing Alexander W. Pease, who has announced his resignation as senior vice president and chief financial officer effective as of that date in order to accept a new career opportunity which he expects to finalize in the coming weeks. Pease has agreed to remain with EnPro in an advisory capacity through May 31, 2015 to ensure an orderly transition. Childress is currently EnPro’s vice president, strategic planning and business development, a position he has held since February 2006. He joined EnPro in December 2005 after serving four years as managing director of McGuireWoods Capital Group, of which he was a co-founder. Previously, he was senior vice president, planning and development, at United Dominion Industries, Inc. Before joining United Dominion in 1992, he held a number of positions with Ernst & Young LLP’s corporate finance consulting group.

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) a bank holding company whose principal subsidiary is Seacoast National Bank (the “Bank”), announced thatStephen A. Fowle will be joining the company as Executive Vice President and Chief Financial Officer (CFO) for Seacoast and the Bank.  Fowle will join Seacoast in April 2015.William (Bill) Hahl, Seacoast’s current CFO, intends to retire and has agreed to continue to serve as Executive Vice President during a transition period, providing assistance as needed. Fowle is currently CFO of WSFS Financial Corporation, since 2005.  From 2000 to 2004, Fowle served as CFO at Third Federal Savings and Loan Association of Cleveland, MHC.  Fowle has also served as Vice President of Corporate Finance at a regional investment banking firm.

Kennametal Inc. (NYSE: KMT) announced that Vice President and Chief Financial OfficerFrank Simpkins will retire from the company effective March 31, 2015. The company named Vice President and Corporate Controller Martha Fusco to serve as interim CFO starting Feb. 23, 2015. Fusco has served as corporate controller since Dec. 2009, and has 10 years of service at Kennametal.

CAN Capital announced the appointment of Aman Verjee as Chief Financial Officer. Most recently, Verjee was the CFO of Collective, Inc. Prior to that, he was the CFO at Sonos. Verjee spent six years at PayPal, in a variety of finance roles overseeing financial planning and analysis, customer analytics and strategy.  He also served as the CFO for eBay Marketplaces, North America.  Earlier in his career he held positions at Lehman Brothers and McKinsey & Company.

Mobivity Holdings Corp. (OTC: MFON) announced it has appointed Christopher J. Meinerz as Chief Financial Officer. Prior to joining Mobivity, Meinerz served as Chief Financial Officer (CFO) and Chief Compliance Officer (CCO) at Spindle, Inc. Meinerz previously served as CFO and CCO at Next Generation Insurance Group (NGI). Before his tenure at NGI, Meinerz was Executive Vice President of Finance and Treasury for DDi Corp. In addition, he served as Global Vice President of Finance for eTelecare of Scottsdale, AZ.

Vystar® Corp. (OTC: VYST) has named Warren Binderman as its acting Chief Financial Officer. Vystar President and CEO, William Doyle previously executed the CFO duties. Binderman is, and will continue as, the Managing Member and CEO of Binderman Group, a certified public accounting and business advisory consulting firm. Binderman also served as the assurance practice leader (Mid-Atlantic) and a Partner with Smart and Associates, LLP. He has served as the CFO of a Goldman Sachs Private Equity company and he started his career with Arthur Andersen & Co. where over nine years he moved through the ranks to Experienced Manager.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at s [dot] dergelatstantonchase [dot] com or by phone at +1 (415) 738-2070.