CEO / CFO / Director Resignations & Appointments | Dec 23, 2021

by | Dec 23, 2021

Every week we bring you the latest CEO, CFO, and director resignations and appointments across US public companies.

Moves in this Issue

CEO: DRI, OPFI, PRSO
CFO: EQRX, IPI, MSGE, TTSH
Directors: A, AYRO, BXP, CARV, CEI, CINR, ENTG, FWBI, HTZ, HYAC, JOUT, KRTX, LMRK, NTUS, PRSO, RNDB, SOVO, TIL, VLGEA, VRRM, WES, WW, ZIXI (and more)

CEO Moves

Darden Restaurants Inc (DRI)
Leaving: CEO – Eugene I Lee Jr ( 7.3 yrs; 16.6% TSR)
Replaced by: Ricardo Cardenas

Mr. Cardenas, age 53, has served as President and Chief Operating Officer of the Company since January 2021. Prior to that, Mr. Cardenas served as Senior Vice President, Chief Financial Officer since 2016. He was Senior Vice President, Chief Strategy Officer of the Company from 2015 to 2016, prior to which he served as Senior Vice President, Finance, Strategy and Technology from 2014 to 2015. He w…read full bio

OppFi Inc (OPFI)
Leaving: CEO – Jared Kaplan ( .4 yrs; )
Replaced by: Neville Crawley

Neville Crawley , President . Neville Crawley is the President of the Company and served in that capacity for OppFi since July 2021. Mr. Crawley previously served as the Chief Executive Officer and a director of Kiva Microfunds, a global fintech company, from October 2017 until June 2021, as the Founder of Engram Labs, a technology company engaged in the development of quantitative trading algorit…read full bio

Peraso Inc (PRSO)
Leaving: CEO – Daniel Lee Lewis ( 3.3 yrs; -46.3% TSR)
Replaced by: Ronald Glibbery

Ronald Glibbery Mr. Glibbery (age 60) founded Peraso in 2008 and was its Chief Executive Officer until the Effective Time. Mr. Glibbery has over 25 years of experience in the semiconductor industry. Prior to Peraso, Mr. Glibbery was the President of Intellon Corporation, the pioneer and leader in the development of semiconductor devices used for powerline communications. Additionally, Mr. Glibbery…read full bio


CFO Moves

First Hawaiian Inc (FHB)
Leaving: CFO – Ravi Mallela ( 3.5 yrs; .9% TSR)
Replaced by: Ralph Mesick

Ralph M. Mesick , the Vice Chairman and Chief Risk Officer of First Hawaiian and First Hawaiian Bank, is responsible for the design, implementation and oversight of the Company’s risk management strategy and framework. Mr. Mesick previously served as Executive Vice President and Manager of the Bank’s Commercial Real Estate Division. Prior to joining the Bank in 2012, he spent over 25 years at Bank…read full bio

Intrepid Potash Inc (IPI)
Leaving: CFO – Brian D Frantz ( 7.3 yrs; -16.0% TSR)
Replaced by: Matthew D Preston

Matthew D. Preston has served as our Vice President of Finance since November 2019. Mr. Preston also serves as our principal financial officer and principal accounting officer. Mr. Preston served as our Director of Budget and Forecast from April 2016 to November 2019. Previously, Mr. Preston served in successively more senior finance roles since joining Intrepid in 2008, including Senior Manager o…read full bio

Madison Square Garden Entertainment Corp (MSGE)
Leaving: CFO – Mark H Fitzpatrick ( 1.8 yrs; -7.8% TSR)
Replaced by: David Byrnes

Mr. Byrnes joins the Company from ViacomCBS where he most recently served as Executive Vice President, Corporate Finance. Mr. Byrnes assumed this role in December 2019 following the merger of CBS and Viacom and was primarily responsible for the company’s budgeting, forecasting and long-range strategic planning processes. He was also responsible for the corporate, technology and finance integration…read full bio


Director Joins

Academy Sports & Outdoors Inc (ASO)
Christopher Lee Turner

Mr. Turner has served as the Chief Financial Officer of Yum! Brands since August 2019. Before joining Yum! Brands, he served as Senior Vice President and General Manager in PepsiCo’s retail and e-commerce businesses with Walmart in the U.S. and more than 25 countries and across PepsiCo&rs…read full bio

B Riley Financial Inc (RILY)
Tamara Sue Brandt

Brandt currently serves as Chief Legal Officer; Head of Business and Legal Affairs at FaZe Clan Inc., a leading gaming, lifestyle, and media platform, which recently announced plans to go public through a merger with B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM), a special purpose acqu…read full bio

Clean Energy Fuels Corp (CLNE)
Lorraine Paskett

Ms. Paskett, 54,  has worked for more than 25 years in the public and private sectors and has extensive experience in energy (gas and electric) and water sectors, ethics and compliance rules, climate change policy, air and water quality, safety and communication protocols, and sustainab…read full bio

Coca Cola Co (KO)
Herbert A Allen

HERBERT A. ALLEN Director since 1982 Age 63 Mr. Allen is President, Chief Executive Officer, Director and a Managing Director of Allen & Company Incorporated, a privately held investment firm, and has held these positions for more than the past five years. Mr. Allen was a Managing Director of Allen …read full bio

Data I/O Corp (DAIO)
Cheemin Bo-Linn

Dr. Cheemin Bo-Linn is the CEO of Peritus Partners, Inc., a valuation accelerator, for industry sectors including automotive, electronics, consumer, and medical sectors with integrated security, starting in 2013. Her prior positions incl…read full bio

Destination Xl Group Inc (DXLG)
Carmen R. Bauza

Ms. Bauza currently serves as a member of the board of managers of Claire’s Holdings LLC. Most recently, Ms. Bauza served as the Chief Merchandising Officer at Fanatics, Inc. from January 2019 until April 2021. Prior to that, she was the Chief Merchandising Officer at HSN from November 2016 until De…read full bio

Energy Recovery Inc (ERII)
Joan Kai ChowMs. Chow has extensive leadership experience in integrated marketing and branding, consumer insights, and human resources matters. She has held executive positions at some of the world’s most recognizable companies, most recently serving as Chief Marketing Officer of the Greate…read full bio

Firstcash Inc (FCFS)
Douglas Richard Rippel

Mr. Ripple, age 55, is the founder of AFF and served as AFF’s chief executive officer between 2013 and 2021. From 1997 to 2012, Mr. Ripple served as chief executive officer of CURO Group Holdings Corp. (“Curo”), a publicly traded, technology-enabled consumer finance co…read full bio

First Foundation Inc (FFWM)
Gary L TiceGary L. Tice is a Director and is the Chairman and Chief Executive Officer of TGR Financial and Chairman of First Florida Integrity. Mr. Tice has served in these roles since the operations commenced. Mr. Tice has 43 years of banking experience with the majority in Southwest…read full bio

Peraso Inc (PRSO)
Ronald Glibbery

Ronald Glibbery Mr. Glibbery (age 60) founded Peraso in 2008 and was its Chief Executive Officer until the Effective Time. Mr. Glibbery has over 25 years of experience in the semiconductor industry. Prior to Peraso, Mr. Glibbery was the President of Intellon Corporation, the pioneer and leader in th…read full bio

TriplePoint Venture Growth BDC Corp (TPVG)
Katherine J. Park

Ms. Park has served as the Head of Business Development at Pagaya Investments, a privately held financial technology company, since November 2021. She previously served as a Managing Director at Grafine Partners, LP, an alternative asset management firm, from September 2020 to October 2021, and in v…read full bio

TriplePoint Venture Growth BDC Corp (TPVG)
Kimberley H Vogel

Ms. Vogel has been a director of TriCo Bancshares, a bank holding company listed on the Nasdaq Stock Market, since February 2020, where she serves as member of the audit, compensation and management succession and IT/cybersecurity committees. Ms. Vogel was President, Co-Founder and director of BaseV…read full bio

TZP Strategies Acquisition Corp (TZPS)
Stewart Wallace

Stewart Wallace, 59 is a recently retired investment banking professional who was the Vice Chairman of Wells Fargo Securities from March 2009 through 2019. Mr. Wallace has 35 years of experience advising multinational corporations, Boards of Directors and foreign governments in raising capit…read full bio

Virgin Galactic Holdings Inc (SPCE)
Wanda A Sigur

Ms. Sigur is an independent consultant for emerging space exploration and traditional aerospace industry companies, providing design, analysis, prototype build, test solutions and design partners and, since 2018, has provided these services through Lambent Engineering LLC where is President and F…read full bio

Western Midstream Partners LP (WES)
Peter J Bennett

Mr. Bennett, age 51, has served as Senior Vice President, Permian Resources of Occidental Oil and Gas, a subsidiary of Occidental, since April 2018 and Vice President of Occidental since December 2016. In this role, Mr. Bennett is responsible for the operations, growth and optimization strategy for …read full bio

Western Midstream Partners LP (WES)
Frederick A. Forthuber

Mr. Forthuber currently serves as President of Oxy Energy Services, LLC, a subsidiary of Occidental. In this role, he has global functional responsibility for midstream and marketing of crude oil, natural gas liquids, and natural gas, as well as Health and Safety and the oil & gas regulatory …read full bio

Xos Inc (XOS)
Anousheh Ansari

Ms. Ansari serves as director of Jabil Inc., a leading provider of worldwide manufacturing services and solutions, and as chair of the board of directors of Sceye Inc., a platform for a leading new generation of high-altitude platform stations, or HAPS. Ms. Ansari is also Chief Executive Officer …read full bio

Xos Inc (XOS)
Alice K Jackson

Ms. Jackson serves as President of the Colorado service area at Xcel Energy Inc., a major U.S. electricity and natural gas company. Ms. Jackson is also Chair of the board of the Smart Electric Power Alliance, and sits on the boards of the Denver Museum of Nature and Science, Mile High United Way,…read full bio


Director Exits

Agilent Technologies Inc (A)
Paul N Clark ( 15.6 yrs; 10.0% TSR)
Committees: Audit and Finance, Nominating (and Governance)

Boston Properties Inc (BXP)
Karen E Dykstra ( 5.6 yrs; .8% TSR)
Committees: Audit

Entegris Inc (ENTG)
Robert Nicholas Burns ( 10.6 yrs; 31.0% TSR)
Committees: Management Development & Compensation, Nominating (and Governance)

Johnson Outdoors Inc (JOUT)
Thomas F Pyle Jr ( 35.1 yrs; 8.0% TSR)
Committees: Audit, Compensation, Executive, Nominating (and Governance)

Karuna Therapeutics Inc (KRTX)
Heather Preston ( 2.8 yrs; 106.0% TSR)
Committees: Nominating (and Governance)

Peraso Inc (PRSO)
Scott Richard Lewis ( 4.4 yrs; -37.3% TSR)
Committees: Audit

Peraso Inc (PRSO)
Daniel Joseph O’Neil ( 4.3 yrs; -30.7% TSR)
Committees: Audit, Compensation

Peraso Inc (PRSO)
Robert Y Newell ( 3.2 yrs; -32.8% TSR)
Committees: Audit, Compensation

Village Super Market Inc (VLGEA)
Peter Lavoy ( 12.5 yrs; 2.0% TSR)
Committees: Audit, Compensation

Village Super Market Inc (VLGEA)
Stephen Rooney ( 12.5 yrs; 2.0% TSR)
Committees: Audit

Ww International Inc (WW)
Tracey D Brown ( 2.9 yrs; -21.1% TSR)
Committees: Audit

Recent Analysis

Daily SPAC Update – Jan 26, 2024

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