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Compliance Week regularly tracks personnel moves, including the appointments of compliance, governance and risk officers and executives. Key changes at boards of directors are also tracked, as are changes at regulatory bodies. Please submit announcements to Compliance Week’s Jaclyn Jaeger. Also, don't forget to check out Compliance Week's Help Wanted section for the latest job postings.

 

March 10, 2010

Trimble Adds New Member to Board

$1.1 billion Trimble, a wireless technology solutions provider based in Sunnyvale, Calif., has appointed Mark Peek to serve on its board of directors, effective immediately. He has not yet been appointed to serve on any committee.

Peek is CFO at VMware, a provider of business infrastructure virtualization solutions. He has more than 25 years of industry experience, including the roles as senior vice president and chief accounting officer at Amazon.com. Prior to joining Amazon.com in 2000, Peek was an audit partner at Deloitte, where he focused on technology companies and multinational project and engagement management.

Posted by: jjaeger @ 11:28 am

Filed under: Board of Directors, Chief Accounting Officer, Sofware Firm

 

March 2, 2010

CBS Corporation Names CAO, Controller

Mass media company CBS Corporation has named Thomas Shilen senior vice president, controller, and chief accounting officer, effective immediately. He reports to Executive Vice President and Chief Financial Officer Joseph Ianniello.

In his new role, Shilen will have overall responsibility for the controllership and financial reporting activities of CBS Corporation. He will also have oversight of the company’s Legacy Operations and Information Systems and Technology Departments.

Shilen joins CBS from Sara Lee Corporation, where he was senior vice president and corporate controller. Prior to that he was senior vice president of Global Reporting and deputy controller at American Express Company. Shilen also spent four years at Citigroup, first as CFO of The Citigroup Private Bank and then as chief administrative officer and CFO of Citi Home Equity.

In addition, from 1998 to 2003, Shilen held various senior level positions at General Electric Company, including three years as CFO of GE Capital Markets Services, and two years as vice president, corporate finance and controller of NBC. From 1992 to 1998, he was with PepsiCo, holding a number of accounting and controllership roles.

Posted by: jjaeger @ 4:43 pm

Filed under: Chief Accounting Officer, Corporate Controller

 

February 26, 2010

Madison Square Garden Names CAO

$1 billion entertainment company, Madison Square Garden, has named Joseph Yospe as senior vice president, controller, and chief accounting officer. In this role, Yospe will be primarily responsible for external financial reporting, accounting processes, accounting policies, and compliance with U.S. generally accepted accounting principles, as well as ensuring that the company has the appropriate control environment in place. He reports to Robert Pollichino, executive vice president and chief financial officer.

For the past 30 years, Yospe has held positions of increasing responsibility in external financial reporting. Most recently, he served as senior vice president, corporate controller, and chief accounting officer of ABM Industries, which he joined in October 2007. In that capacity, he was responsible for external financial reporting and the company’s internal control environment while relocating the accounting functions from San Francisco to New York and Houston.

Previously, Yospe was vice president and assistant controller at the Interpublic Group of Companies from September 2004 to September 2007, where—among other responsibilities—he specialized in addressing technical accounting issues.

Posted by: jjaeger @ 4:00 pm

Filed under: Chief Accounting Officer, Corporate Controller

 

IDEX Corporation Makes Leadership Changes

$1.4 billion IDEX Corporation, an applied solutions company, has announced a series of changes to its senior leadership assignments, effective immediately.

Among the changes, the company has appointed Mike Yates as vice president and chief accounting officer. Yates is currently vice president and controller.

In other company news, the following appointments have been announced:

  • Kevin Hostetler, currently vice president, group executive, and president of Energy and Water, and IDEX Asia, has been appointed a corporate officer and named vice president and group executive of Fluid and Metering Technologies.
  • Andrew Silvernail, currently vice president and group executive of Health and Science Technologies, will also assume the additional roles of  vice president and group executive of Global Dispensing, and has been appointed a corporate officer.
  • John McMurray, vice president and group executive of Process Technology, will be retiring from the company in April 2011. McMurray will remain a corporate officer for the next 14 months, with responsibilities for Operational Excellence, Supply Chain and EH&S. He will transition his Group Executive Process Technology responsibilities to Hostetler in the near term.
Posted by: jjaeger @ 3:42 pm

Filed under: Chief Accounting Officer, Corporate Controller

 

February 19, 2010

KV Pharmaceutical CAO Resigns

KV Pharmaceutical has announced the resignation of its chief accounting officer, Richard Chibnall, effective immediately. Chibnall has served in that role since June 2005.

Assuming his role is Thomas McHugh, the company’s interim CFO and treasurer, vice president of finance, and corporate controller. McHugh has served as interim CFO and interim treasurer since September 2009, when Ronald Kanterman resigned. McHugh has served as vice president of finance and corporate controller since January 2009.

Posted by: jjaeger @ 10:42 am

Filed under: Chief Accounting Officer

 

February 16, 2010

Tower Group Chief Accounting Officer Resigns

Tower Group has announced that senior vice president and chief accounting officer, Richard Barrow, resigned Feb. 2 from his position with the company in order to pursue another employment opportunity.

Barrow’s resignation will be effective March 1 to facilitate the transition of functional responsibilities, the company said in a Form 8-K filing. According to the filing, Barrow’s decision to resign was not due to any disagreement with the company’s operations, accounting principles or practices, financial statement disclosures, or otherwise.

Barrow has served at the company since February 2009.

Posted by: jjaeger @ 11:22 am

Filed under: Chief Accounting Officer

 

Imation Promotes Corporate Controller

$2.1 billion Imation, a global developer of branded products, has promoted Scott Robinson to the position of vice president and corporate controller. In this role, Robinson has global responsibility for the company’s internal and external reporting, financial accounting policies, Sarbanes-Oxley compliance, and tax function.

With more than 20 years of experience in the finance field, Robinson most recently served as executive director, corporate controller, and chief accounting officer for Imation, roles he acquired in 2007. Prior to joining Imation in 2004, Robinson was employed with Deluxe Corporation, a provider of personalized printed products, promotional products, and merchandising materials, where he held the positions of director of internal audit and assistant corporate controller.

Posted by: jjaeger @ 11:14 am

Filed under: Chief Accounting Officer, Corporate Controller

 

February 11, 2010

Boston Scientific Makes Management Changes

$8 billion Boston Scientific announced a series of management changes, designed to strengthen the medical device maker and position it for long-term success, the company announced in a press release.

Among the appointments, Jean Lance has been promoted to senior vice president and chief compliance officer and will become a member of the company’s executive committee. Lance joined Boston Scientific in 1996 and was named chief compliance officer last year, charged with managing and enforcing Boston Scientific’s global compliance program. Prior to that, she served as vice president and general counsel for the company’s cardiovascular group.

In addition, the company announced the following other management changes:

  • Jeff Capello will be promoted to executive vice president and chief financial officer, effective March 1. Capello joined the company in 2008 and has served as chief accounting officer and corporate controller.
  • Tim Pratt has been promoted to executive vice president and chief administrative officer; he will continue to serve as general counsel and secretary. The company will consolidate legal, corporate communications, government affairs, human resources, and quality and regulatory affairs under Pratt, who joined the company in 2008.
  • Dan Brennan has been promoted to senior vice president and corporate controller. Brennan joined Boston Scientific in 1996, and has served in a wide variety of finance roles supporting a number of the company’s businesses.
  • Sam Leno will be promoted to executive vice president and chief operations officer, effective March 1. He will oversee finance, information systems, manufacturing, and operations. Since joining Boston Scientific in 2007, Leno has served as CFO and executive vice president of finance and information systems.
  • Andy Milani has recently been named senior vice president of human resources. Milani joined Boston Scientific in 2009 after a distinguished 28-year career as an officer in the U.S. Army, serving most recently as chief of staff for the Army’s Special Operations Command.

In addition to these management changes, the company also announced a host of new restructuring initiatives, more details of which can be found here. In this capacity, Larry Neumann has been promoted to senior vice president of restructuring and integration, charged with overseeing and being accountable for all restructuring and integration activities. Neumann joined the company in 1996 and has served in a number of capacities, including head of corporate tax, business development, and investor relations.

 

February 1, 2010

National Penn Appoints Chief Accounting Officer

National Penn Bancshares has hired Keene Turner and John McCausland as chief accounting officer and director of corporate planning, respectively. Both will report to CFO Michael Hughes.

Prior to joining National Penn, Turner was a vice president with Griffin Financial Group, where he focused on financial services companies. With nine years of experience in the financial field, he began his career with Ernst & Young, where he managed audits for clients, including large financial institutions.

As chief accounting officer, Turner assumes the role previously held by Gary Rhoads, who has been appointed treasurer. Michael Reinhard, who most recently served as treasurer, will continue to serve National Penn as a consultant.

McCausland has more than 17 years of corporate finance experience. Prior to joining National Penn, he was managing director of Griffin Financial Group, providing investment banking services to financial institutions.

Posted by: jjaeger @ 4:58 pm

Filed under: Chief Accounting Officer

 

January 20, 2010

Pacer International Appoints Corporate Controller

Pacer International, a freight transportation and logistics provider, has appointed Michael Gordon as corporate controller, effective as of Jan. 1.

In connection with the relocation of the controller position from California to Ohio, Gordon will be transitioning responsibilities from Marc Jensen, who will continue to serve as corporate controller and chief accounting officer through March 31, at which time Gordon will become chief accounting officer.

Since June 2009, Gordon has served as a financial consultant for Pacer. From November 2007 to December 2009, he worked for Resources Global Professionals, where he provided financial consulting services to a Fortune 500 specialty chemical company, Pacer, and other clients.

Prior to that, Gordon spent eight years with DHL Exel Supply Chain serving as the financial controller for North and South America where he was responsible for developing Exel’s shared services accounting function. Gordon also spent eight years with Ernst & Young, where he served as a senior manager providing audit services to both public and private companies.

Posted by: jjaeger @ 10:23 am

Filed under: Chief Accounting Officer, Corporate Controller
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