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Electronic Arts appointed Denise F. Warren, executive vice president of the Digital Products and Services Group at The New York Times Co., to the board of directors. Warren previously served as general manager and chief advertising officer of the New York Times Media Group. “Denise Warren brings an enormous amount of digital media experience to EA’s board of directors,” said EA Executive Chairman Larry Probst. “We look forward to the leadership and perspective that she will provide to our company.”
Sonepar North America CEO David G. Gabriel joined the KapStone Paper and Packaging Corp. board. Before joining Sonepar, Gabriel was CEO of Hagemeyer North America and general manager of Tenneco Automotive’s North American aftermarket business.
Chesapeake Energy named Robert Douglas Lawler, senior vice president of International and Deepwater Operations at Anadarko Petroleum, CEO and board member effective June 17. Archie W. Dunham will continue as nonexecutive chairman of the board. “Doug is a talented and proven executive with the ideal skill set to lead Chesapeake forward and capitalize fully on our world-class assets. Throughout his 25 years in the upstream E&P industry, Doug has earned a reputation as a highly engaged and knowledgeable leader who delivers superior operational performance and capital efficiency. The Board is confident that Doug’s deep technical upstream and engineering expertise as well as his strategic and financial skills will serve Chesapeake well. We look forward to working with him to create value for Chesapeake shareholders,” Dunham said in a statement.
Jones Lang LaSalle appointed Christie B. Kelly CFO. Kelly is former CFO of Duke Realty and former senior vice president of the Global Real Estate Group at Lehman Brothers.
AmerisourceBergen elected Lon R. Greenberg, recently retired CEO of UGI Corp., to the board of directors, replacing the retiring Charles H. Cotros. Greenberg remains as UGI’s chairman, and is a director of Aqua America and Ameriprise Financial. “Lon’s extensive business experience, strategic vision and extraordinary commitment and dedication to our community will make Lon a great asset to the AmerisourceBergen board,” said Richard C. Gozon, board chairman.
Former Calisolar CEO Sandra Beach Lin joined the PolyOne Corp. board. Lin previously held executive roles at Celanese, Avery Dennison, Alcoa, and Honeywell International. She is also a member of the WESCO International and American Electric Power Co. boards. “We are extremely pleased that Sandy has joined PolyOne’s board of directors and will bring her strategic insights, experience and perspectives to our already strong board,” said Stephen D. Newlin, chairman and CEO. “Her skills and leadership drove growth and success at several leading, public and global companies that were primarily focused in the chemical and specialty materials sectors. Her addition to PolyOne’s board provides even greater depth of knowledge and experience as we aggressively pursue our specialization and growth strategy.”
CACI International appointed Michael A. Daniels, former chairman of Network Solutions, to the board of directors. Daniels has also served as senior vice president at Science Applications International Corp. (SAIC) and as chairman of the Northern Virginia Technology Council, where he remains as a director. He chairs the boards of GlobalLogic, The Logistics Management Institute, and Invincea. According to CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, “CACI’s board of directors has a long history as a governing body of highly qualified and credentialed professionals, and the board’s selection of Michael Daniels gives us another experienced industry veteran to help us lead CACI into the future. We welcome him and look forward to leveraging his considerable expertise in information solutions and services, along with his solid track record of growing businesses, to enhance our board’s strong focus on governance and continue our unwavering commitment to shareholder value.”
Former Weber-Stephen Products CFO Carrie Teffner is joining PetSmart as CFO, effective June 3. Previously, Teffner served as CFO at The Timberland Co., and served in a number of leadership roles in several Sara Lee Corp. divisions.
Cigna CFO Ralph J. Nicoletti announced he will be stepping down, and the company has promoted current Vice President of Finance Thomas A. McCarthy as his successor. McCarthy served as interim CFO at Cigna from September 2010 to May 2011.
Jeff Richard, former CFO of Safety-Kleen Systems, will succeed the retiring Raymond D. Andrews as CFO of Checkpoint Systems. Richard is former COO and CFO of Pavestone Co., CFO at Jacuzzi Brands, and vice president of financial planning and analysis at Electronic Data Systems.
Former El Paso Corp. Executive Vice President James C. Yardley joined the Sempra Energy board of directors. Yardley also served as El Paso’s pipeline group president, and as CEO and director of El Paso Pipeline GP Co. He serves on the National Forest Foundation board. ”Jim Yardley’s extensive experience and leadership in the natural gas industry enhances our board’s depth in a primary strategic focus area of our company,” said Debra L. Reed, chairman and CEO of Sempra Energy.
Citrix Systems added former Thomson Reuters CFO and Vice Chairman Robert (Bob) D. Daleo to the board. Daleo held the COO of Thomson Newspapers position, and served in a number of financial and operations positions at McGraw-Hill and Automatic Data Processing before joining Thomson. He is a director at Equifax and chairs the Fordham University board of trustees. “Bob brings enormous experience in the governance and management of complex, global scale enterprises,” said Mark Templeton, Citrix CEO. “We are honored to have a new director of Bob’s capabilities and character serve on the Citrix board.”
Steven L. Pepper
Rent-A-Center named former Yum Brands Mexico President Steven L. Pepper to the board. “I am honored that Steven Pepper has chosen to become a member of our Board of Directors,” stated Mark E. Speese, chairman of the board and CEO of the company. “Steven’s extensive knowledge of international multi-unit retail operations and experience in international expansion will provide invaluable insights and perspectives as we continue to build on our strategic growth initiatives.”
Dunkin’ Brands named CEO Nigel Travis to the additional role of board chairman, succeeding the retiring Jon Luther. The board also named Raul Alvarez, former COO of McDonald’s, lead independent director.
Amy Hood
Microsoft appointed Amy Hood, MBD CFO, as successor to Peter Klein’s CFO position. Hood was involved in the strategy development and overall execution of MBD’s acquisitions of Skype and Yammer. She previously worked at Goldman Sachs in banking and capital markets groups roles.
Informatica Corp. named Polycom CEO Andrew M. Miller to the board. Miller joined Polycom in July 2009 as executive vice president of Global Field Operations, and became CEO in May 2010. Previously, he was global president of IPC Information Systems and CEO of Tandberg. He is also on the Bridgepoint Education board. “I am pleased to welcome Andy Miller to the Informatica board of directors. We will gain from Andy’s broad-based experience as we pursue our next phase of growth,” said Sohaib Abbasi, chairman and CEO. “Andy’s perspectives on the evolution of networking and communications infrastructure will be valuable as we continue to expand our product portfolio for our customers to leverage new types of data.”
Todd Penegor
Former Kellogg U.S. Snacks Division President Todd Penegor will join Wendy’s as CFO, succeeding the retiring Steve Hare. Penegor has held a number of senior leadership positions at Kellogg, and previously served for 12 years with Ford Motor Co.
Qualcomm elected Jonathan Rubinstein, former senior vice president of Product Innovation for Hewlett-Packard, to the board of directors. Rubinstein also served as Palm chairman and CEO before it was acquired by HP in 2010, and ran Apple’s iPod division. He is on the Amazon.com board. “We are extremely pleased to welcome Jon as a member of Qualcomm’s Board of Directors,” said Paul E. Jacobs, chairman and CEO of Qualcomm. “His experience in creating revolutionary consumer electronics and mobile products will provide added insight to Qualcomm’s board as we continue to expand the scope and impact of wireless products and technology, improving and enhancing people’s lives around the world.”
Former McDonald’s USA President Janice L. Fields joined the Chico’s FAS board, expanding its membership to nine. Before becoming president, Fields held the executive vice president and COO positions. She is a member of the Monsanto board of directors. Ross E. Roeder, chairman of the board, commented, “We are delighted to welcome Jan to our board of directors. Jan has deep experience with innovation and strategic insights in a world-class company. Jan’s perspectives on growing a large retail organization while maintaining brand-right messaging and personal service will be highly valuable as we chart our path for future growth.”
Edward P. Djerejian
Occidental Petroleum shareholders voted to remove Executive Chairman Ray Irani, with 76 percent of votes cast against the former CEO following accusations that he was attempting to oust current CEO Steve Chazen. The board recently announced Chazen will stay on through 2014 and former company CEOs will not be allowed to serve as chairmen. In addition, the board elected former Ambassador to Syria and Israel Edward P. Djerejian chairman. Djerejian is former chair of the company’s corporate governance, nominating, and social responsibility committee. He is the founding director of the James A. Baker III Institute for Public Policy at Rice University. “Ed’s depth of experience, judgment, and understanding of our business strategy make him the perfect choice to lead our board,” Chazen said in a statement.
Service Corporation International (SCI) CEO Thomas L. Ryan is joining the Chesapeake Energy board of directors and its audit committee following the resignation of Director Louis A. Simpson. Ryan previously served as SCI’s COO, CEO of its European operations, and as a CPA with Coopers & Lybrand. He is a member of the Texas Industries board. “Tom was recommended by our largest shareholder, Southeastern Asset Management, to replace Lou on Chesapeake’s board. With his extensive management experience and financial expertise in running a leading North American public company, Tom will be a great addition to our audit committee and a terrific resource for our board and management team. We are pleased to welcome Tom and are confident that his insight and experience will benefit the company and all of our shareholders,” said Chairman Archie Dunham.
Analog Devices promoted President and Interim CEO Vincent Roche to permanent CEO and board member. Roche joined ADI in 1988, and became interim CEO in March following the unexpected death of former CEO Jerald G. Fishman. “ADI is fortunate to have an executive of Vince’s caliber assume the leadership of our company,” said Ray Stata, ADI co-founder and chairman of the board. “Vince’s long tenure and his deep understanding of our technology, customers, and markets will serve ADI well as we continue to execute on the strategic plan which Vince played a major role in shaping. I’m confident that Vince will continue the record of success in which all ADI employees take great pride.”
DSP Group named Nova Measuring Instruments CEO Gabi Seligsohn to the board of directors. Seligsohn succeeds Yair Shamir, who resigned after he was elected to the Isreali Knesset. Eli Ayalon, chairman of DSP Group, said: “We have been looking for an independent director with no prior relationship with the company but with a deep understanding of the semiconductor industry, who could add to the strategic thinking of our board. Adding Gabi Seligsohn to our board, and gaining the benefit of his talents and ability to contribute to our growth, was suggested to us by Senvest International, one of our largest stockholders, which is also an investor in Nova. We appreciate Senvest’s excellent suggestion and their support of DSP Group.”
ViaSat appointed Robert Bowman, CEO of Major League Baseball Advanced Media, to the board. Previously, Bowman was COO and CFO of ITT Corp. He is a member of the Take-Two Interactive Software board and is president of the Michigan Education Trust. “Bob Bowman is a valuable addition to ViaSat’s board of directors,” said Mark Dankberg, chairman and CEO of ViaSat. “He has been the leading industry visionary in bringing major league sports into the broadband connected world. Plus, Bob’s experience in digital media, finance, and operations is an excellent fit for all our businesses. He brings exceptional expertise and insight to ViaSat as we grow the scale and reach of our broadband networks.”
Brian Krzanich
Intel’s board unanimously chose COO Brian Krzanich to succeed Paul Otellini as CEO as of the company’s annual meeting May 16. Otellini will also step down from the company’s board at thtat time. Krzanich joined Intel in 1982. “Brian is a strong leader with a passion for technology and deep understanding of the business,” Intel Chairman Andy Bryant said. “His track record of execution and strategic leadership, combined with his open-minded approach to problem solving has earned him the respect of employees, customers and partners worldwide. He has the right combination of knowledge, depth and experience to lead the company during this period of rapid technology and industry change.”
Vincent H. Tobkin
Tellabs elected Vincent H. Tobkin chairman of the board, succeeding the retiring Michael J. Birck. Previously, Tobkin was a senior advisor, retired director and global telecom/technology practice leader at Bain & Co. Shareholders also elected Alex Mashinsky, managing director of Governing Dynamics and former CEO of Name.Space., a new member of the board. Mashinsky also serves on the Migo Software board.
Former ConAgra Foods President of Consumer Foods Andre J. Hawaux is joining DICK’s Sporting Goods as CFO. Previously, Hawaux served as ConAgra’s CFO and as CFO of Pepsi-Cola North America. “We are pleased to welcome Andre to DICK’s Sporting Goods and look forward to leveraging his expertise in the years ahead,” said Edward W. Stack, Chairman and CEO.” Andre’s extensive background in finance, operations and global business, along with his exceptional leadership and strategic acumen, will further strengthen our senior management team and will be instrumental as we execute our growth plans.”
L-3 Communications elected Vincent Pagano Jr., a Simpson, Thacher & Bartlett attorney specializing in corporate law and former head of the firm’s capital markets practice, to the board. Pagano serves on the engineering council of Lehigh University and on the board of Cheniere Energy Partners. “Vince’s broad legal expertise in finance, governance and corporate strategy issues, combined with his knowledge of L-3’s business and the defense industry, make him an outstanding addition to our board. I am pleased to welcome him as our newest director,” said Michael T. Strianese, L-3’s chairman and CEO.
QLogic appointed Christine King, former CEO of Standard Microsystems and AMI Semiconductor, to the board of directors. King held a number of management and executive positions at IBM throughout her career, and has served on the boards of Atheros Communications and Analog Devices. She is currently a director at Idaho Power. “I am very pleased to welcome Christine to the QLogic board of directors,” said H.K. Desai, chairman of the board and executive chairman, QLogic. “Christine has extensive senior management and operational experience with a number of technology companies and an in-depth knowledge of the semiconductor industry. I am confident that she will be a valuable contributor to QLogic.”
Symmetricom named Elizabeth A. Fetter CEO, succeeding the departing David G. Cote, while James Chiddix will succeed Robert T. Clarkson as company chairman. Clarkson will remain a member of the board, chairing the compensation committee. Fetter has served as a Symmetricom director since 2002, and is former CEO of QRS Corp. and NorthPoint Communications Group. She is a member of the Quantum Corp. board and recently retired as Alliant International University chairman. Chiddix is former CEO and chairman of OpenTV and former chief technology officer at Time Warner Cable. He is a member of the Virgin Media, The Arris Group, and Magnum Semiconductor boards.
Safeway President Robert L. Edwards will succeed current CEO Steven A. Burd upon his retirement May 14, while current Lead Director T. Gary Rogers will take over Burd’s chairman position. Edwards joined Safeway as CFO in 2004, and previously served as a senior executive at Maxtor Corp., Imation Corp., and Santa Fe Pacific. Rogers is former chairman and CEO of Dreyer’s Grand Ice Cream, and has served as chairman of Levi Strauss and The Federal Reserve Bank of San Francisco.
Time Warner Cable named Arthur T. Minson Jr. CFO, effective May 2. Minson is rejoining the company from AOL, where he served as COO and chief financial and administrative officer. In his previous experience at Time Warner Cable, he served as senior vice president of finance and deputy CFO.
John Standley
SUPERVALU elected Rite Aid Chairman and CEO John Standley and Cerberus Capital Management COO and General Counsel Mark A. Neporent to the board of directors. Standley has previously held the CFO, chief administrative officer and senior executive vice president roles at Rite Aid, and served as CEO and board member at Pathmark Stores. Neporent is serves on the Cerberus investment, valuation, and risk/compliance committees. “I am very pleased that John and Mark have accepted positions on our Board,” said Bob Miller, SUPERVALU’s nonexecutive chairman. “It is important that we have a strong board of directors with a mix of industry, financial and professional experience to draw upon. John and Mark provide tremendous knowledge and a strong understanding of the guidance and direction this Board should offer SUPERVALU during its rebuilding process.”
Raymond Vara
Raymond Vara, CEO of Hawai’i Pacific Health, will join the Bank of Hawaii board. Vara previously served as CFO, then as CEO, at Los Alamos Medical Center. “On behalf of Bank of Hawaii, I am delighted to welcome Ray Vara to our board,” said Peter Ho, chairman and CEO of Bank of Hawaii. “Ray is a veteran of the health care industry whose extensive accomplishments and expertise will provide valuable insight and perspective. As a highly respected member of the community, Ray’s intimate understanding of the needs and concerns for the future of Hawai‘i make him a great match and significant addition to our board.”
Jay Herratti
Michael P. Monahan
Nutrisystem elected Jay Herratti, former CityGrid Media CEO, to the board of directors and named Michael P. Monahan CFO. Monahan joins Nutrisystem from PetroChoice Holdings, where he also served as CFO. Herratti currently mentors Internet start-up businesses, leading professional groups and providing advisory services. He previously held leadership positions with IAC/InterActive Corp., the Home Shopping Network, Boston Consulting Group, and GE Capital. “Jay’s track record of launching and leading interactive companies and understanding and capitalizing on trends in the ecommerce space make him a valued addition to the Board,” noted Mike Hagan, chairman of the Nutrisystem board. “From working with and leading consumer brands like Home Shopping Network, Urbanspoon and Citysearch to mentoring Internet start-ups, Jay is savvy when it comes to consumer behavior online and off. We’re delighted to have him on the team as we continue to focus on Nutrisystem’s turnaround.”
Stephen F. Page
Stephen F. Page is joining the AeroVironment board and its audit committee. Page is a retired CEO of the Otis Elevator division of United Technologies, who has served on the Lowe’s Companies, PACCAR, and Liberty Mutual Holding Co. boards of directors. He held the lead director position at Liberty Mutual. “Stephen’s wealth of leadership success in consumer, industrial, and global businesses will provide a unique and valuable perspective across AeroVironment’s increasingly diverse business activities,” said Tim Conver, AeroVironment’s chairman and CEO. “As a technology company that creates and sells products and services to consumers, businesses and government agencies with increasingly international scope, Stephen’s vast expertise across these areas will be invaluable as AeroVironment expands in each of these markets.”
Valspar appointed Shane D. Fleming, Cytec Industries chairman and CEO, as the company’s newest director and compensation committee member. Previously, Fleming served as Cytec’s COO and has held a number of senior leadership roles throughout his 30-year tenure with the company.
Following the resignation of Fred Hassan, Director Doug Conant has been elevated to chairman of the Avon Products board of directors. Conant is former CEO of the Campbell Soup Co. and is founder and CEO of ConantLeadership. CFO Kimberly Ross joined the board on a temporary basis, to meet the minimum number of directors required by the company’s by-laws, while the board seeks a new member.
Russell G. Golden
The Financial Accounting Standards Board (FASB) named Russell G. Golden, former Deloitte & Touche partner, as chairman. Golden succeeds current FASB Chairman Leslie F. Seidman, whose term ends June 30. Golden has served as a FASB member since September 2010, prior to which he served on the FASB staff for six years. His initial term will run through June 30, 2017, at which time he will be eligible to serve an additional three years. “After an extensive search, which involved the evaluation of many highly qualified candidates from a variety of backgrounds, the Trustees determined that Russ Golden is the best qualified person to take on the role of FASB chairman,” said Jeffrey J. Diermeier, chairman of the FAF board of trustees. “I’m very pleased that Russ will be moving into this new role. He will bring to his new position a deep understanding of technical accounting issues informed by a broad appreciation of the larger environment in which the FASB operates, which he developed during his years as both a staff member and as a board member.”
John A. Hayes
Theodore M. Solso
Ball Corp. elected CEO John A. Hayes chairman of the board; current Chairman R. David Hoover will remain on the board as a director. Theodore M. Solso will take on the lead director role. Hayes previously served as Ball’s COO and as president of Ball’s European metal beverage packaging business. Solso joined the board in 2003, and most recently served as CEO of Cummins.
Textron Chairman and CEO Scott C. Donnelly is joining the Medtronic board effective July 1. Before joining Textron, Donnelly held a number of leadership roles at General Electric, including CEO of GE Aviation, senior vice president and director of GE Global Research, and vice president of technology at GE Healthcare.
Judith Huntington
Michael Pappagallo
Signature Bank appointed two new board members: Judith Huntington, president of The College of New Rochelle, and Michael Pappagallo, COO of Kimco Realty. Before Joining CNR, Huntington was audit senior manager at KPMG‘s metro-N.Y. higher education, research and other not-for-profit practice. Pappagallo was previously CFO of Kimco and CFO of GE Capital’s Commercial Real Estate Financing business.
Marita Zuraitis is joining Horace Mann Educators Corp. as CEO-elect, and will succeed CEO Peter H. Heckman following a transition period. Previously, Zuraitis was an executive vice president at The Hanover Insurance Group, where she was a member of the executive leadership team. “Marita Zuraitis has had an exemplary, 30-year career in the insurance industry and is a well-known and highly-respected executive,” said Gabriel Shaheen, chairman of the board.
PNC Financial Services Group promoted William S. Demchak from CFO to CEO, and current CEO James E. Rohr is transitioning to the executive chairman position. Demchak is a director of BlackRock, and has served as PNC senior vice chairman and head of the Corporate & Institutional Banking division. ”Bill is well prepared to lead PNC and to execute the winning strategy he helped develop over the past decade,” Rohr said. “PNC’s customers, shareholders, employees and community will benefit from his vision and commitment to serving their needs.”
Barclays appointed Frits van Paasschen, CEO of Starwood Hotels and Resorts Worldwide, and Michael Ashley, head of quality and risk management at KPMG Europe, to the board of directors. Van Paaschen is former CEO of Coors Brewing Co. and previously served on the Jones Apparel Group and Oakley boards. Ashley is a member of the Institute of Chartered Accountants in England and Wales’ Ethics Standards Committee.
Russell Fradin
Best Buy elected Russell Fradin, CEO of SunGard, to the board of directors. Before joining SunGard, Fradin was chairman and CEO of Aon Hewitt. “We are delighted to have Russ join our board,” said Hatim Tyabji, chairman of the Best Buy board. “His background in operations, streamlining cost structures, executive compensation and strategic consulting will be beneficial to Best Buy as it continues its Renew Blue transformation.” Board Member Ron James will not stand for re-election at this year’s shareholder meeting.
Former Executive Director of the World Bank Moisés Naím joined the AES Corp. board of directors. Naím is now senior associate in the International Economics Program at the Carnegie Endowment for International Peace. He is founder and chairman of the Group of 50 . “Moisés brings invaluable experience to the political and economic aspects of our operations as we seek to manage risk in a complex global environment,” said Charles Rossotti, AES board chairman. “AES will benefit greatly from his depth of experience and strategic insight.”
Craig S. Morford
RPM International appointed Craig S. Morford to the board, succeeding retiring Director William A. Papenbrock. Morford, chief legal and compliance officer at Cardinal Health, will serve on the board’s governance and nominating committee. Previously, he served for 20 years with the U.S. Department of Justice. He is a member of the audit and compliance committee of the Ohio State University board of trustees.
Omega Healthcare Investors appointed Craig R. Callen, Crestview Advisors senior advisor, and Barbara B. Hill, Moelis Capital Partners operating partner, members of the board. Previously, Callen was head of strategic planning and business development, senior vice president, and a member of the executive committee at Aetna. He is also a member of the Symbion board, and previously served on the Sunrise Senior Living and Kinetic Concepts boards. Hill is former CEO of ValueOptions and its parent company FHC Health Systems. She is former chairman and CEO of Woodhaven Health Services.
Jack R. Lazar
Former Senior Vice President of Corporate Development and General Manager of Qualcomm Atheros Jack R. Lazar joined the Silicon Labs board of directors. Lazar previously was CFO of Atheros before its acquisition by Qualcomm in 2011. He also has experience as CFO of NetRatings and Apptitude. “We are pleased to add Jack to our board of directors,” said Tyson Tuttle, CEO of Silicon Labs. “His experience building Atheros’s business will be particularly valuable as we continue to focus on driving high-quality revenue growth and market leadership.”
Bill Barrett Corp. named R. Scot Woodall permanent CEO after having served as CEO on an interim basis since January. Previously, he served as company COO and senior vice president of operations. He is former senior vice president of the Western Region division at Forest Oil Corp. Chairman of the Board Jim Mogg comments, “The board of directors is very pleased that Scot has accepted the role of CEO and president. His leadership qualities as well as his performance as interim CEO over the past several months make him an excellent choice. He has significant industry experience and his commitment to operational excellence should deliver shareholder value as we develop our core positions in the DJ Basin and Uinta Oil Program. The board believes Scot possesses the talent, experience, and leadership qualities we require and he is highly respected by the Bill Barrett team.”
Gregory H. Boyce
Peabody Energy Chairman and CEO Gregory H. Boyce joined the Monsanto board. Before being promoted to chairman and CEO of Peabody Energy, he served as company COO. Previously, Boyce served as CEO of the energy division of Rio Tinto and CEO of Kennecott Energy. He is a member of the Marathon Oil board and chairman of the International Energy Agency’s Coal Industry Advisory Board. “On behalf of Monsanto, I am pleased to welcome Greg Boyce as an independent director to our board,” said Hugh Grant, Monsanto’s chairman of the board and CEO. “As the leader of a global business, he brings valuable experience and expertise that will complement the skills of the members of our board.”
Henry Hagan
Todd Matherne
Foundation Partners Group named Henry Hagan, former audit committee chairman and former chairman and CEO of Monumental Life Insurance, chairman of the board. Hagan is a member of NACD, and serves on the boards of First Command Financial Services, Plastic Revolutions, and UTI International Singapore Private Limited. Todd Matherne joined Foundation Partners Group’s board and was elected chairman of the audit committee. Matherne provides interim management and turnaround consulting services through Todd Matherne Advisors.
Superior Industries International appointed Kerry A. Shiba, CFO of Superior, to the board of directors. Shiba is also a member of the Ramsey Industries board, and is former chief financial and restructuring officer of the original equipment business unit of Remy International. “Kerry joins our board at a critical juncture, as the company is in a proxy contest and the board thought it prudent to protect shareholder value by appointing him to this seat,” said Steven J. Borick, chairman and CEO. “We welcome the financial guidance and strategic direction that Kerry will provide as a board member as we embark on a major capital project—investing $125 million to $135 million to construct a new manufacturing plant in Mexico—that we believe will help propel the company’s next stage of growth.”
Former United Technologies Fire and Security Division President Scott Buckhout joined CIRCOR International as CEO and director. Wayne Robbins, who served as acting CEO since December 2012, will continue with the company as COO.
Compuware Corp. appointed David Fubini, McKinsey & Co. senior director, and Lee Roberts, former CEO of FileNet, to the board. In addition, Gurminder S. Bedi assumed the chairman of the board position, replacing Co-Founder Peter Karmanos Jr., who retired. Fubini is currently completing his third decade as senior director at McKinsey, and will retire at the end of this year. Roberts has more than 30 years of experience in the technology industry, and oversaw FileNet’s growth and subsequent sale to IBM. He has served on a number of public and private company boards in the last 16 years.
Daniel Schwartz
Burger King Worldwide CFO Daniel Schwartz is moving into the company’s COO position in preparation for taking over the CEO spot upon the exit of Bernardo Hees in July. Hees is leaving the fast food company to join H.J. Heinz after it is acquired by Berkshire Hathaway and 3G Capital. Hees is former CEO of America Latina Logistica. Schwartz is a former 3G Capital partner. Joshua Kobza, formerly senior vice president of Global Finance, will succeed Schwartz as CFO.
Federal Signal Corporation appointed Brian S. Cooper to the CFO position, succeeding Braden Waverley. Cooper is leaving his position as CFO of Westell Technologies, which he has held since 2009. Before joining Westell, Cooper was CFO of Fellowes, Inc. “Brian brings valuable strategic perspective and a strong foundation in finance, reporting and analysis gleaned from his over 20 years of business experience in public and private companies,” commented Dennis Martin, Federal Signal’s CEO. “We are looking forward to adding his expertise and leadership to the Federal Signal team.”
Sonic Automotive promoted Heath R. Byrd from chief information officer to CFO. Previously, Byrd held the COO and CFO positions at HR America, and served on the Big Brothers and Big Sisters of Greater Charlotte board.
F. Nicholas Grasberger
Harsco appointed former Managing Director of the Precision Polymers Division of Fenner Plc, F. Nicholas Grasberger, to CFO. Grasberger also has held the CFO position at Armstrong Holdings and Kennametal.
Shick “Mark” Yoon is taking over the CFO position at Hanmi Financial, having served in the interim CFO, chief strategy officer, deputy CFO, treasurer, and senior planning officer positions at the bank parent company in the past. “Mark has been instrumental in our strategic planning and asset/liability management over the past five years, which helped Hanmi navigate through the financial crisis, and we are very pleased to have him as our permanent CFO in charge of our accounting, treasury, and corporate strategy departments,” said Jay Yoo, CEO of Hanmi.
Language-learning software company Rosetta Stone announced that Theodore J. Leonsis will resign effective at the 2013 annual meeting of stockholders, and Tom P.H. Adams and John E. Lindahl will not seek re-election to the board. Following their departures. Rosetta Stone’s board will be composed of eight directors. President and CEO Stephen M. Swad said, “All three of our departing board members have made significant contributions to the development and evolution of Rosetta Stone and we are grateful for their services, advice and guidance over the years. Tom was obviously instrumental in taking a small language technology start-up and growing it into the world leader we are today, but that would not have been possible without the investment and guidance offered by John and Norwest. Finally, we would not be where we are today without Ted’s energetic and insightful advice on how to transform the company. I am pleased to have worked with them and believe that their impact on the company will be long lasting.”
Former J.C. Penney CEO Myron E. (Mike) Ullman III rejoined the retailer as CEO and director, with current CEO Ron Johnson leaving the company effective immediately. Ullman led the company as chairman and CEO until late 2011, and previously was directeur general of LVMH Moët Hennessy Louis Vuitton and chairman and CEO of DFS Group Limited. He is a member of the Starbucks, Saks Inc., and COFRA Group boards. Thomas Engibous, chairman, said, “We are fortunate to have someone with Mike’s proven experience and leadership abilities to take the reins at the Company at this important time. He is well-positioned to quickly analyze the situation jcpenney faces and take steps to improve the company’s performance.”
William Jellison
William Jellison joined Stryker as company CFO. Jellison most recently served as CFO of Dentsply International. “Bill’s accomplished career in managing the financial activities of growing multinational organizations will complement our leadership team in achieving our strategic goals,” stated Kevin A. Lobo, CEO.
TD Bank Group CEO Ed Clark announced his intention to retire as of Nov. 1, 2014, and the board intends to follow the bank’s succession plan and name Group Head of U.S. Personal and Commercial Banking Bharat Masrani CEO. Masrani will become COO in the interim. “I am delighted that the board has chosen Bharat as my successor. Years ago the board made a commitment to delivering a seamless and well planned CEO transition. Bharat brings a continuity of strategy, culture and values shared by the entire board and senior executive team,” said Clark.
Black Box Corp. elected John Heller and Joel Trammell to the board of directors. Heller held a number of positions of increasing responsibility prior to retiring from Caterpillar in February 2012 as company chief information officer. Trammell is a managing partner of Lone Rock Technology Group, and was founder and CEO of CachelQ until it was acquired by NetApp.
CVS Caremark elected former Johnson & Johnson Chairman and CEO William C. Weldon to the board of directors. Weldon, who also serves on the J.P. Morgan Chase board, served as chairman and CEO at Johnson & Johnson for about ten years until his retirement last year.
Van Honeycutt, former Computer Sciences Corp. chairman and CEO, is joining the Big 5 Sporting Goods board. Previously, Honeycutt served on the Beckman Coulter, Tenet Healthcare, and FHP International boards, as well as the National Security Telecommunications Advisory Committee. “We are very pleased to welcome Van Honeycutt to our board,” said Steven G. Miller, the company’s chairman and CEO. “Van enjoyed a distinguished career in a wide range of leadership roles at Computer Sciences Corp. and we look forward to benefiting from his executive experience and technology background as we build upon our 58-year history and position our business for continued success.”
Semtech named Sylvia Summers and Carmelo Santoro directors. Summers is former CEO of Trident Microsystems and is currently a member of the Headwaters board. Santoro is a business consultant with Santoro Technology Associates and is former CEO of Attensity.
Jacobs Engineering Group named Juan José Suárez Coppel, Mexican economist and former general director of Petróleos Mexicanos (PEMEX), to the board. Suárez previously held the CFO position at PEMEX and was chief of staff of Mexico’s secretary of finance and public credit in 2000 and 2001. In announcing the election, Jacobs Chairman Noel G. Watson said, “We are very pleased to welcome Mr. Suárez to our board. He brings a global understanding of the oil and gas market and sound experience in both the public and private sectors in Mexico. His vast knowledge and expertise is of great value to Jacobs as we continue to expand our capabilities in Central and South America.”
Morton Salt Advisory Board Member Wesley M. Clark is joining the CLARCOR board, succeeding the retiring J. Marc Adam. Previously, Clark served as COO and director of W.W. Grainger. He is nonexecutive chairman of Morrison Supply Company and its parent company Patriot Supply Holdings, and is a board member at ABC Supply Co.
Sonoco Executive Vice President of the Global Consumer Businesses M. Jack Sanders was promoted to CEO, succeeding Harris E. DeLoach Jr., who will remain as chairman. Sanders held a number of leadership positions at the company, including vice president of the Global Industrial Products and Protective Packaging divisions.
Black Box named Michael McAndrew CEO and a member of the board of directors. He succeeds the retiring R. Terry Blakemore, who is retiring but will remain as a director until the company’s next annual shareholder meeting.
Akhil Johri
Pall Corp. appointed Akhil Johri CFO, following his exit from his position as CFO of United Technologies‘ Propulsion & Aerospace Systems group.
Larry Hilsheimer, former CFO of Nationwide Mutual Insurance Co. and COO of Nationwide Direct & Consumer Solutions, is joining Scotts Miracle-Gro as CFO. “To add someone with Larry’s strong financial pedigree and broad business background to our executive leadership team is an enormous win for ScottsMiracle-Gro and its shareholders,” said Jim Hagedorn, chairman and CEO. “His leadership skills will bolster an already strong finance organization and his business insights and experience will make us a stronger and smarter company. I welcome him to the ScottsMiracle-Gro family and look forward to a strong partnership.”
Kathryn Mikells
Xerox named ADT Corp. CFO Kathryn Mikells as the business process and document management company’s CFO. Mikells also previously held financial leadership roles at Nalco and UAL Corp. She is a director onThe Hartford Financial Services Group’s board.
Halliburton named José C. Grubisich, CEO of Eldorado Brasil Celulose and Vallourec director, to the board. Previously, Grubisich served as CEO of ETH Bioenergia. “José brings significant executive leadership experience in Latin America and internationally,” said Dave Lesar, Halliburton Chairman and CEO. “This experience will be valuable as Halliburton continues its focus on growing our global business in the unconventionals, deepwater, and mature fields markets.”
Cadent Energy Partners Executive Advisor Michael McGovern will join the Quicksilver Resources board. Currently, McGovern is also a director at GeoMet, Long Run Exploration, Array Holdings, Sonneborn, and Cactus Wellhead. He is former CEO of Pioneer Companies, where he served as chairman for two years. “We welcome Mike to the board of directors of Quicksilver Resources,” said Toby Darden, chairman of the board. “His experience across multiple disciplines in the energy sector will add depth to our team.”
First American Financial added Mark C. Oman, a retired Wells Fargo senior executive vice president, to the board. Oman most recently was head of Wells Fargo’s Home and Consumer Finance Group.
Standex International appointed Thomas J. Hansen a member of the board, expanding size from eight to nine directors. Hansen is former vice chairman of Illinois Tool Works, where he previously served as executive vice president. He is also a member of the Terex and Mueller Water Products boards. “The automotive and industrial manufacturing insight that Tom has gained during his long and distinguished career at ITW will be of immense value to Standex as the company executes on its focused diversity strategy in the years ahead,” said Edward Trainor, chairman of the board. “Tom’s qualifications – particularly his experience with highly engineered product manufacturing – made him an ideal candidate to serve as an independent director, and we welcome him to the Standex board.”
J. Kevin Willis
Ashland CFO Lamar M. Chambers announced he will retire in July, and the specialty chemical and technology company’s board elected J. Kevin Willis to succeed him and join the company’s executive committee. Willis has served in a number of management positions of increasing responsibility at the company, including treasurer and general auditor.
Genworth Financial elected former North Dakota Senator Kent Conrad to the board of directors. Conrad represented the state from January 1987 through January 2013, and served as chairman of the Senate Budget Committee. Previously, Conrad was the North Dakota tax commissioner. “Kent’s extensive budgetary and public policy experience and perspectives will provide invaluable insights as Genworth continues its focus on rebuilding value for shareholders,” said James S. Riepe, Genworth non-executive chairman of the board.
James “Woody” Woodall
FIS promoted James “Woody” Woodall, chief accounting officer and controller, to CFO. Previously, Woodall was executive director and controller of AT&T’s southeast region. “Woody’s contributions over the past five years have been crucial in helping FIS achieve its financial performance goals and deliver increased value to its shareholders,” said Gary Norcross, FIS COO. “The appointment of Woody to the CFO position brings proven financial leadership to our Executive Management team and ensures that we can continue to deliver on the financial strategies that support our growth goals. We are confident that Woody will help drive FIS’ continued success.”
Viacom elected Cristiana Falcone Sorrell and Deborah Norville to the board, expanding its membership to thirteen directors. Falcone Sorrell is senior adviser to the chairman at the World Economic Forum and is principal consultant for the Office of Outreach and Partnership for the Inter-American Development Bank. Norville is a two-time Emmy award winning television journalist, and an anchor of Inside Edition. She is a director of the Broadcasters Foundation of America.
ANSYS named Barbara V. Scherer as the newest member of the technology company’s board. Scherer is former CFO of Plantronics, where she also served as senior vice president of Finance & Administration. “Barbara’s talent, experience and perspective will be most valuable in helping guide the ANSYS strategic and operational focus,” said Peter J. Smith, executive chairman of ANSYS. In addition, Director Jacqueline C. Morby announced plans to retire at the end of her current term.
Charles (Chuck) Triano is joining the National Investor Relations Institute board of directors. Triano is senior vice president of investor relations at Pfizer, where he also heads the Operations Planning and Analysis department and is a member of the Finance and Business Operations Leadership Team. “I am very pleased to welcome Chuck Triano to the NIRI Board and look forward to his contributions. NIRI is fortunate to have such high caliber, committed volunteer members such as Chuck,” said Jeffrey D. Morgan, CEO of NIRI.
Molly K. Williamson
Noble Energy elected Molly K. Williamson, a Middle East Institute scholar, to the board of directors. Previously, she served in a number of policy and leadership positions in the State Department, where she specialized in Middle East policy and diplomacy. Noble Energy Chairman and CEO Charles D. Davidson, commented: “On behalf of Noble Energy’s board, we are pleased to welcome Ms. Williamson to the Noble Energy team. Molly’s unique international and foreign policy experience and perspectives will be invaluable to our company’s global growth and success.”
Atwood Oceanics appointed Jeffrey A. Miller, Halliburton COO, to the board. Miller is former senior vice president of Global Business Development and Marketing at Halliburton, and previously served with Arthur Andersen. “Jeff brings valuable operational and business development experience to our company,” commented George S. Dotson, Atwood Oceanics board chairman. “Jeff’s extensive career with Halliburton includes various international assignments and a successful track record in building businesses, providing our board with useful perspective and insight.”
Robert Q. Reilly
PNC Financial Services Group named Robert Q. Reilly successor to Richard J. Johnson’s CFO position following his planned exit in the third quarter of this year. Reilly has lead PNC’s Asset Management Group since 2005.
Target Corp. elected Douglas M. Baker Jr. and Henrique De Castro to the board of directors. Baker is chairman and CEO of Ecolab, where he previously held key marketing, sales, and general management roles in both the U.S. and Europe. De Castro is Yahoo! COO, and has held various senior leadership positions at Google, Dell, and McKinsey & Co. “We’re very pleased to welcome Doug and Henrique to our board,” said Gregg Steinhafel, chairman and CEO of Target. “As Target continues to explore and seize profitable new opportunities in a rapidly-changing environment, we expect to benefit greatly from their organizational, operational and strategic insight, their significant global experience and perspective, and their unique leadership and digital expertise.”
John Snow
Former Treasury Secretary John Snow is joining the Lender Processing Services board of directors. Snow has served as president of JWS Associates since October 2006. Before joining the Treasury, Snow was chairman and CEO of CSX Corp. He has served as Business Roundtable chairman and chairman of Cerberus Capital Management. He is a member of the International Consolidated Airlines Group and Marathon Petroleum boards. “We are fortunate to have John as a member of the board,” said Lee A. Kennedy, chairman of the LPS board. “John’s experience in managing large regulated public companies and his expertise in the areas of regulation, public policy and risk management will enhance the board and the value we bring to the organization and its shareholders.”
Molina Healthcare elected Steven James, Dale Wolf, and Daniel Cooperman to the board. James is a retired Ernst & Young audit partner, who also lead the company’s Pacific Southwest Area Health Sciences Practice. Wolf is executive chairman of Correctional Healthcare Companies and former CEO of Coventry Health Care. Cooperman is of cournsel with the Bingham McCutchen law firm, and is former senior vice president, general counsel, and secretary of Apple and Oracle Corp.
Hittite Microwave Corp. Chairman and CEO Stephen G. Daly announced his intention to retire at the end of the month, and the board has appointed Rick D. Hess as the company’s next CEO and Franklin Weigold as chairman, both effective April 1. Hess is former vice president of American Superconductor and former CEO of Konarka Technologies. Weigold has served as the company’s lead director since 2009, and joined the board in 2003. Previously, he served as vice president and general manager of the Micromachined Products Division of Analog Devices.
Philip Morris appointed COO André Calantzopoulos to the CEO position effective as of the company’s annual meeting on May 8, when he will also be up for election to the board. Current CEO Louis Camilleri will remain as board chairman. Previously, Calantzopoulos was CEO of PMI before its spin-off in March 2008, and has served as managing director of PM Poland and president of the Eastern European Region.
Eagle Capital General Partner Meryl Witmer will be the first new Berkshire Hathaway director since 2009, with her appointment expanding the board to 13 members. “The primary job of our directors is to select my successor, either upon my death or disability, or when I begin to lose my marbles,” Buffett said in a shareholder letter published in 2004.
General Electric nominated Mary L. Schapiro, former SEC chair, to the board for approval at the annual meeting on April 24. Schapiro joined the SEC in 2009, overseeing the organization through the financial crisis. Previously, Schapiro was CEO of the Financial Industry Regulatory Authority. “Her understanding of corporate governance and financial regulation will be of great benefit to GE and its shareowners,” said GE CEO Jeff Immelt in a statement.
Hill-Rom Holdings elected William H. Kucheman to the board of directors. Kucheman was most recently interim CEO of Boston Scientific. He has also served as a director of the Global Health Exchange. “Hank brings a wealth of experience in the medical device industry that will deepen the strength of our Board at Hill-Rom,” says Rolf A. Classon, chairman of the Hill-Rom board. “The combination of his strategic knowledge, operational experience and his background in sales and marketing adds valuable and complementary skills.”
Linda J. Hall
University of Minnesota Carlson School of Management Entrepreneur-in-Residence Linda J. Hall joined the Amedisys board. Hall is former CEO of MinuteClinic and former CEO of Accurate Home Care. She is a member of the Investors Real Estate Trust board, and previously was a director at Health Fitness Corp., August Technology, and MTS Systems Corp.
ConocoPhillips elected Gay Huey Evans to its board of directors and its audit and finance committee. Huey Evans is former vice chairman of the International Swaps and Derivatives Association board, and former vice chairman of the Investment Banking and Investment Management division at Barclays Capital. She is also a board member at Aviva, The London Stock Exchange Group, andThe Financial Reporting Council.
Carlos M. Gutierrez
MetLife named Carlos M. Gutierrez, former vice chairman of Citigroup‘s Institutional Client Group, a board member. Previously, Gutierrez also served as the 35th U.S. Secretary of Commerce and chairman and CEO of Kellogg Company. “I am pleased to welcome Carlos to the MetLife board of directors,” said Steven A. Kandarian, chairman and CEO of MetLife. “His significant leadership experience in both the public and private sectors, combined with his strong, global management background, will make him a valuable resource for MetLife and its shareholders.”
ESL Investments President G. Mike Mikan joined the AutoNation board. Mikan previously served as interim CEO of Best Buy, and held a number of executive positions at UnitedHealth Group.
Thanks for this updated info…this has helped us to update our corporate database.
Interesting to note is that one-third of the new board of director announcements summarized here in Directorship were women (19 out of 58) in addition to one promotion of a seated woman director to Chairmanship. Among the CFO announcements included here, another third were women (4 out of 12). For future reference, it might be helpful to separate out promotions to C-Suites from nominations to Boards of Directors. See for example how Alice Krause handles it at http://www.newsonwomen.com