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CFO Moves - Week Ending January 9, 2015

Institutional Venture Partners (IVP), announced the addition of Tracy Hogan as Chief Financial Officer. Prior to joining IVP, Ms. Hogan was the Chief Financial Officer and Chief Compliance Officer of Elevation Partners for more than 10 years. Prior to joining Elevation Partners, Tracy was the Vice President of Finance at Fox Paine & Company, a private equity firm based in the San Francisco Bay Area. Before that, Tracy was the Vice President of Finance at Code Hennessy & Simmons LLC, a private equity firm based in Chicago. Tracy began her finance career at Ernst & Young’s Audit Practice in Chicago and Boston.

PTC (NASDAQ: PTC) announced the appointment of Andrew Miller as Executive Vice President and Chief Financial Officer (CFO), effective February 5, 2015. Miller will join PTC from Cepheid where he has served as Chief Financial Officer since April 2008. Miller’s career also includes financial leadership positions at Autodesk, MarketFirst Software, Cadence Design Systems, and Silicon Graphics. Miller began his career at accounting firm Deloitte and Touche. Miller also serves on the Board of Directors of United Online, Inc. (NASDAQ: UNTD). Miller replaces Jeff Glidden, who announced in August, 2014 his intention to retire. Mr. Glidden will serve as a consultant to the Company for a transition period following Mr. Miller’s commencement of employment with the Company.

Cepheid (NASDAQ: CPHD) announced that Andrew Miller, executive vice president and chief financial officer, will be leaving Cepheid to pursue an opportunity with PTC Inc.  Mr. Miller will continue to serve as Cepheid’s CFO through February 3, 2015. Upon Mr. Miller’s departure, Cepheid’s vice president and corporate controller, Daniel Madden, will assume the role of principal financial and accounting officer until a new chief financial officer is appointed. Jeff Fleeher

Universal Pictures Home Entertainment (UPHE) announced that Jeff Fleeher has been appointed to the newly created position of Worldwide Chief Financial Officer (CFO). A seasoned executive of NBCUniversal (NBCU), Fleeher most recently served as the company’s Executive Vice President and Chief Financial Officer, Strategy Content Distribution.  Prior to that role, he served as Senior Vice President and Chief Financial Officer of the NBCUniversal Television Networks Distribution and Digital Distribution group. Before joining NBCU, Fleeher was a part of GE’s Corporate Audit Staff. Fleeher joined GE in 2001 as a member of the Junior Officer Leadership Program, where he completed sales and strategy roles for GE Energy.

Continental Building Products, Inc. (NYSE: CBPX) announced that it has appointed James “Jay” Bachmann to the position of President and Chief Executive Officer. Mr. Bachmann has served as Interim Chief Executive Officer since November 2014 and Chief Financial Officer since January 2014. Mr. Bachmann will continue to serve as Chief Financial Officer in an interim role. Mr. Bachmann formerly served as Chief Financial Officer at Lafarge USA and Co-Chief Financial Officer of Lafarge North America from November 2012 through December 2013. He also held multiple executive responsibilities at Lafarge since 2002, including Senior Vice President Finance – Investor Relations of Lafarge SA from January 2008 through October 2012 and Senior Vice President and Controller of Lafarge North America Inc. from November 2005 to June 2006. Prior to Lafarge, he worked at Arthur Anderson from September 1990 to April 2002.Toby OBrien

Raytheon Company (NYSE: RTN) announced the appointment ofAnthony F. “Toby” O’Brien vice president and Chief Financial Officer, succeeding David C. Wajsgras, who was appointed as President, Raytheon Intelligence, Information and Services (IIS) business. The new appointments are effective March 2, 2015. Wajsgras joined Raytheon as senior vice president and Chief Financial Officer in 2006. Prior to joining the company, Wajsgras was executive vice president and CFO of Lear Corporation. Before joining Lear, Wajsgras was corporate controller for Engelhard Corporation and held numerous financial management positions with Honeywell International, Inc. O’Brien joined Raytheon in 1986, holding numerous finance positions of increasing responsibility with the company over the course of his 29-year career. He most recently served as vice president and chief financial officer for Raytheon’s Integrated Defense Systems (IDS) business. Previously, O’Brien was vice president of Finance and the senior finance executive responsible for Raytheon Airline Aviation Services and Raytheon’s International Landed Companies, and Chief Financial Officer for Raytheon Aircraft Company.

West Corporation (NASDAQ: WSTC) announced the appointment of Jan Madsen as its new Chief Financial Officer and Treasurer. Ms. Madsen will replace Paul Mendlik, who had previously announced his plans to retire. Ms. Madsen comes to West from Creighton University, where she had overall financial responsibility for the University. Ms. Madsen previously served as the chief financial officer for the Financial Services Division of First Data Corporation.

Alorica announced that James Molloy has been appointed as Chief Financial Officer (CFO). The appointment of Molloy to CFO comes on the heels of Alorica’s announced agreement to acquire West Corporation’s agent services businesses. Prior to his work at Alorica, he held positions as Executive Vice President and Chief Financial Officer at Vanguard Logistics Services and leadership positions at BAX Global, The Brink’s Company and Deloitte & Touche.

Burlington Stores, Inc. (NYSE: BURL) announced the resignation and retirement of Todd Weyhrich, the Company’s Executive Vice President and Chief Financial Officer and the promotion of Marc Katz, currently Executive Vice President of Merchandise Support and Information Technology to Executive Vice President and Chief Financial Officer. Mr. Weyhrich served as the Company’s Executive Vice President and Chief Financial Officer since 2007. Previously, Marc was Executive Vice President of Merchandise Planning and Allocation since 2009, and Chief Accounting Officer from July 2008 through December 2009. Prior to joining the Company, Mr. Katz served as the Executive Vice President and Chief Financial Officer of A.C. Moore Arts & Crafts, Inc. from September 2006 to June 2008. Prior to his employment with A.C. Moore, Mr. Katz held various positions with Foot Locker, Inc., including most recently as Senior Vice President and Chief Information Officer, from June 1997 to September 2006. Prior to his employment with Foot Locker, Mr. Katz served for eight years in various financial positions at The May Department Stores Company.

Nuverra Environmental Solutions, Inc. (NYSE: NES) announced the appointment of Greg Heinlein as Executive Vice President and Chief Financial Officer. Prior to joining Nuverra, Mr. Heinlein served as Senior Vice President and Chief Financial Officer of ION Geophysical. Before joining ION Geophysical in 2011, Mr. Heinlein was Chief Operating and Financial Officer of Genprex, Inc. From 2005 to 2010, Mr. Heinlein held senior management positions at Freescale Semiconductor, Inc., including Vice President and Treasurer from 2005 to 2008 and Vice President, Global Sales and Marketing, from 2008 to 2010. Prior to joining Freescale Semiconductor, Mr. Heinlein served as Vice President and Treasurer of Fisher Scientific International Inc. and Great Lakes Chemical Company. Mr. Heinlein began his career in 1987 at The Dow Chemical Company, where he worked for more than 12 years in progressively senior financial management positions.

Zynerba Pharmaceuticals, Inc. announced the appointment of Richard A. Baron as vice president and chief financial officer (CFO). Prior to joining Zynerba, Mr. Baron served as senior vice president and CFO of Globus Medical. He previously served as vice president, finance and chief financial officer of Avid Radiopharmaceuticals, a biotech company sold to Eli Lilly in 2011. Mr. Baron also served as CFO for a number of life sciences companies including Animas Corporation, which was sold to Johnson & Johnson in 2007.

Goodwin Procter announced that Michael Barton has joined the firm as Chief Financial Officer. Barton comes to Goodwin from Rothstein Kass, where he served as Chief Financial Officer. Prior to joining Rothstein Kass, Barton was Executive Director for Finance at Grant Thornton LLP, where he previously held the positions of Director of Financial Planning and Analysis, and Group Director of Finance and Administration.

Stealth BioTherapeutics (formerly Stealth Peptides) announced the appointment of Mark P. Colonnese as Chief Financial Officer. Prior to joining Stealth, Mr. Colonnese most recently served as Executive Vice President and Chief Financial Officer at Transgenomic, Inc. Previously, he served as Executive Vice President, Commercial Operations and Chief Financial Officer at Salutria Pharmaceuticals, LLC. Prior to that, Mr. Colonnese served as Executive Vice President, Commercial Operations at AtheroGenics, Inc. Prior to joining AtheroGenics, Mr. Colonnese held executive positions at Applied Analytical Industries, Inc. and Schering-Plough Corporation.

Indi (Integrated Diagnostics®) announced that it has appointed Douglas Sanders as chief financial officer. Sanders is a prominent international life sciences CFO and entrepreneur who most recently served as CFO of CMC Biologics. Sanders is the co-founder of several life sciences companies. Prior to that, he spent 15 years with Hoffmann-La Roche, mainly in Europe. His most recent position at Roche was as head of business operations and CFO for Roche Consumer Health, a division of Hoffmann-La Roche based in Switzerland. Later Sanders returned from Europe to become CFO of MediQuest Therapeutics. Earlier in his career he held auditor positions at companies including Eastman Kodak Company, Hoffman, Stewart & Schmidt and Ernst and Young.

Ease Entertainment Services announced the appointment of Craig Dougherty as Chief Financial Officer. Dougherty most recently served as Chief Operating Officer of boutique asset management firm Fusion Analytics Holdings. He began his career at Union Bank, founding and building their entertainment & media finance group before serving as the President of the bank’s Private Capital Group. After 20 years at Union Bank, Craig joined ReplayTV, co-inventor of the DVR, in 1999 as CFO. He subsequently served as CFO of Silk Trading Co. and as an executive with a handful of new media start-ups. In 2008, Craig teamed with Stuart McLean to co-found Content & Company.

Alpha Natural Resources, Inc. (NYSE: ANR) announced that Chief Financial Officer Frank Wood will retire effective February 28, 2015.  At that time, Alpha’s Executive Vice President and Chief Strategy Officer, Philip J. Cavatoni, will assume the additional duties of the CFO. Philip Cavatoni’s role with the corporation will be expanded to Executive Vice President and Chief Financial and Strategy Officer.  Cavatoni has been with Alpha Natural Resources since 2009.  Prior to joining the company, Cavatoni held numerous positions with J.P. Morgan, beginning in 1991.Danielle Metzler

AnyPresence announced that Danielle Metzler has joined the company as Chief Financial Officer. For the past seven years, Metzler served as the Vice President of Finance for Mandiant Corporation before its acquisition by Fire Eye, Inc.  Prior to Mandiant, she was the CFO for Momentum Systems, Inc. which was acquired by Open Text.  Previously, Metzler held senior financial positions at various technology firms, including Sybase.

Sypris Solutions, Inc. (NASDAQ: SYPR) announced that Anthony C. Allen has been appointed to the position of Vice President and Chief Financial Officer. Mr. Allen previously served as Vice President, Treasurer, and Assistant Secretary of Sypris Solutions, Inc. (“Sypris”) since December 2004 and as Vice President of Finance and Information Systems and Assistant Secretary from 2003 to December 2004. Mr. Allen served as Vice President, Controller and Assistant Secretary of Sypris from 1997 to 2003. He served as Vice President of Finance of Sypris’ predecessor from 1994 to 1998 and as Vice President and Controller from 1987 to 1994. Prior to 1987, Mr. Allen served in a variety of management positions with Armor Elevator.

BioAmber Inc. (NYSE: BIOA) announced that Chief Financial Officer Andrew Ashworthretired on December 31, 2014 and Francois Laurin has been hired to succeed Andrew as the Company’s Chief Financial Officer.  Francois was most recently the CFO of Alderon Iron Ore Corp.  Francois was formerly the CFO of Consolidated Thompson Iron Mines and prior to that he was the CFO of Transat A.T. Francois has also held senior financial positions at Caisse de Depot du Quebec, Bombardier and Teleglobe.

Scheck Industries announced that Kevin P. McDonnell has joined the Scheck team as Chief Financial Officer. Mr. McDonnell recently served as CFO at Grenzebach Glier and Associates (GG+A). He has also held financial and operating leadership roles in public, private-equity backed, and family owned companies in the U.S. and Europe such as Sara Lee, Kraft, GG+A, WRS Compass and Kenny Construction Company.

Halfpenny Technologies, Inc. announced the appointment of Carl Smith as Chief Financial Officer. Most recently, Smith was CFO of Airclic. Prior to Airclic, he was CFO of MEDecision.

Clustrix announced that Thomas Muise will join Clustrix as Chief Financial Officer. Prior to Clustrix, Muise was CFO at PivotLink. Before that, Muise was CFO of analytics appliance leader Kickfire. Earlier in his career, Muise spent 12 years at Tandem Computers supporting a variety of business units, including the NonStop SQL database software division.

Scioderm, Inc. announced the appointment of Ian A.W. Howes to the position of chief financial officer. Mr. Howes joins Scioderm from Akebia Therapeutics, where he held the position of chief financial officer and vice president, corporate development. Prior to that, Mr. Howes was chief financial officer and vice president, corporate development of Serenex, Inc.

Industrial Services of America, Inc. (NASDAQ: IDSA) announced the appointment ofTodd L. Phillips as its Chief Financial Officer. Mr. Phillips joins ISA from CRS Reprocessing, LLC, where he held the positions of Chief Operating Officer and Chief Financial Officer. Prior to CRS, Mr. Phillips was Chief Financial Officer at Genscape, Inc. Mr. Phillips has seventeen years of finance experience, including four years in public accounting.

Aptys Solutions announced that Chad Terry has been named chief financial officer (CFO).

BenefitMall announced the addition of Stephanie Bowman, Chief Financial Officer and promotion of T. Scott Kirksey, current Chief Financial Officer to President. Prior to joining BenefitMall, Bowman served as Executive Vice President and CFO at Tuesday Morning Corporation. Kirksey has served as BenefitMall’s Chief Financial Officer since December 1999. Prior to joining BenefitMall, Kirksey served as co-CFO and Vice President of Financial Planning/Reporting at Greyhound.

Senseonics, Inc. announced the appointment of R. Don Elsey as the company’s new Chief Financial Officer. Prior to joining Senseonics, Don served from May 2014 to February 2015 as the CFO of Regado Biosciences. From December 2013 to March 2014, he was the CFO of LifeCell, Inc. From June 2005 to December 2012, he served as Senior VP and CFO at Emergent BioSolutions, Inc. Don served as the Director of Finance and Administration at IGEN International, Inc. and its successor BioVeris Corporation, from April 2000 to June 2005. He also served as Director of Finance at Applera and in several finance positions at International Business Machines, Inc. Don serves on the board of directors of RegeneRx Biopharmaceuticals.

Incyte Corporation (NASDAQ: INCY) announced the appointment of Paul J. Clancy as Director. Paul J. Clancy is Executive Vice President, Finance and Chief Financial Officer of Biogen Idec and has served in these positions since August 2007. From 2001 to 2007, Mr. Clancy held several senior executive positions with Biogen Idec and its predecessor Biogen, Inc., including Vice President of Business Planning, Portfolio Management and U.S. Marketing, and Senior Vice President of Finance. Prior to that, he spent 13 years at PepsiCo serving in a range of financial and general management positions. Mr. Clancy serves on the board of directors of Agios Pharmaceuticals, Inc.

Hanger, Inc. announced that Thomas E. Kiraly, Executive Vice President, succeededGeorge E. McHenry as Chief Financial Officer of the Company and became the Company’s principal financial officer.  As previously disclosed, Mr. McHenry retired from the Company on December 31, 2014. Mr. Kiraly joined the Company in October 2014 as Executive Vice President.  Prior to joining the Company, Mr. Kiraly served as the Executive Vice President, Chief Financial Officer and Treasurer of Sheridan Healthcare, Inc.  Sheridan Healthcare, Inc., was sold to AmSurg Corporation in July of 2014.  From 1999 to 2011, Mr. Kiraly served as Executive Vice President, Chief Financial Officer and Treasurer and led the financial accounting, procurement and real estate functions of Concentra, Inc. In 2010, when Concentra, Inc. was acquired by Humana, Inc., Mr. Kiraly transitioned to the position of Vice President of Finance, responsible for corporate financial forecasting, analysis, internal reporting, and accounting operations.  From 1988 to 1999, Mr. Kiraly served as Executive Vice President and Chief Financial Officer of BRC Holdings, Inc.

People’s United Financial, Inc. announced that R. David Rosato has been appointed to the position of Chief Financial Officer of the Company effective January 1, 2015. Mr. Rosato has served as a Senior Executive Vice President of the Company and of the Company’s principal operating subsidiary, People’s United Bank (the “Bank”), and as Chief Financial Officer of the Bank since April 14, 2014. Prior to that date, Mr. Rosato had served as Senior Vice President and Treasurer of the Bank and the Company since 2007.

Raptor Pharmaceutical Corp. (NASDAQ: RPTP) announced the appointment of Michael P. Smith as Chief Financial Officer. Michael Smith most recently served as Catalyst Biosciences’ Chief Financial and Business Advisor. Prior to that, he was Vice President of Business Development at iPierian and Chief Financial Officer for Memory Pharmaceuticals. Previously, Mr. Smith was Vice President of Business Development at QLT.

Boot Barn Holdings, Inc. (NYSE: BOOT) announced the hiring of Greg Hackman as Chief Financial Officer. Greg will serve in this position beginning January 26. Most recently he served as Vice President Finance, Global Controller for Claire’s Stores. Prior to Claire’s, he spent more than 20 years working with both May Department Stores and then Macy’s in various financial roles, including financial planning, reporting and analysis, expense planning, and payroll. Paul Iacono, the current CFO of Boot Barn, will redirect his efforts in a new role as Vice President, Business Development.

Brew Hub has hired Dave Winking as the company’s first chief financial officer. Winking joins Brew Hub after serving as a financial consultant to craft brewers throughout the Midwest. From 2011 through 2013, Winking served as vice president, business operations for advertising agency Momentum Worldwide. Prior to 2011, Winking spent more than 21 years in a variety of finance, marketing and media positions at Anheuser-Busch in St. Louis.

IQNavigator announced that Barry Capoot has joined the Company’s executive team as Chief Financial Officer (CFO). The Company’s current CFO, Debi Srdoc, will be leaving the Company to pursue other opportunities. Capoot most recently was CFO of Genesis Water. Prior to Genesis Water, Capoot served as CFO for Grant Victor. Prior to his operations roles, Capoot spent ten years in investment banking.

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.

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