CEO / CFO / Director Resignations & Appointments | Jan 14, 2022

by | Jan 14, 2022

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

Move Highlights

  • Micron (MU) loses its CFO to Intel (INTC)
  • Elastic’s (ESTC) CEO moves to CTO as the head of product is promoted to CEO.
  • Dana, Inc. (DAN) added multiple Icahn directors.
  • Exelon (EXC) is losing board members to its spin-out Constellation.
  • New Age’s (NBEV) CEO and board mutually agreed to have him immediately resign
  • Everbridge (EVBG) and EZCorp (EZPW) each put a interim co-CEOs in place
  • Consensus Cloud Solutions Inc (CCSI) finally gets a permanent CFO after its Q421 split from Ziff Davis, Inc. (ZD)

Moves in this Issue

CEO: AMED, BARK, ESTC, EVBG, EZPW, MDVL, NBEV, RMAX, STAG, TPB
CFO: ALGM, AUTO, CCSI, CXM, EOSE, FSNB, HHC, INTC, MU, SRG, STAG
Directors: ADBE, AMED, AMRN, AVCT, BARK, BRT, CMC, CNC, CXM, DAN, EBS, ESTC, EVBG, EVOL, EXC, FB, FFIV, FMTX, FN, FSNB, FULC, GAIN, GLAD, GLEE, GOOD, HSTM, HUN, ICAD, INN, IVR, JEF, LAND, LKFN, MA, MBTC, MDVL, MOD, NBEV, NVVE, PCYO, PLTK, PRTS, RMAX, SHOO, STAG, SYNA, TDUP, TENB, THRN, TTGT, WETF

CEO Moves

Amedisys Inc (AMED)
Leaving: CEO – Paul B K Kusserow ( 7.3 yrs; 29.0% TSR)
Replaced by: Christopher Gerard

Mr. Gerard, 54, has served as President of the Company since February 2021 and Chief Operating Officer since January 2017. He previously served as President for the South Central Region of Kindred at Home, a division of Kindred Healthcare, Inc., a healthcare services company, from 2015 to 2016. Prior to his role as Regional President, Mr. Gerard was the Chief Operating Officer at Kind…read full bio

Bark Inc (BARK)
Leaving: CEO – Manish Joneja ( .6 yrs; -74.1% TSR)
Replaced by: Matt Meeker

Mr. Meeker will also continue to serve as Executive Chairman of the Board. Mr. Meeker, age 48, is a co-founder of Barkbox, Inc. and was the Chief Executive Officer of Barkbox, Inc. from its formation in October 2011 until September 2020. Mr. Meeker has served as director of Barkbox, Inc. since its formation, served as Barkbox, Inc.’s Executive Chairman since September 2020, and served as a directo…read full bio

Elastic NV (ESTC)
Leaving: CEO – Shay Banon ( 4.7 yrs; 19.9% TSR)
Replaced by: Ashutosh Kulkarni

Ashutosh Kulkarni has served as our Chief Product Officer since January 2021. Prior to joining us, he served as Executive Vice President and Chief Product Officer, Enterprise Business Group, at McAfee Corp., a digital provider of cyber security services, from October 2018 until December 2020. Prior to joining McAfee Corp., Mr. Kulkarni served as Senior Vice President and General Manager at Akamai …read full bio

Everbridge Inc (EVBG)
Leaving: CEO – David Alexander Meredith ( 2.5 yrs; -10.1% TSR)
Replaced by: Patrick Brickley & Vernon Irvin as Interim

Patrick Brickley, age 44, has served as our Chief Financial Officer since March 2019. Mr. Brickley joined Everbridge in May 2015 as Vice President of Finance and was promoted to Vice President of Finance and Accounting in 2017. Mr. Brickley holds a B.S. in Accounting from Lehigh University and an M.B.A. from The University of Chicago, Booth School of Business….read full bio

Vernon Irvin, age 59, joined Everbridge in September 2019 as our Chief Revenue Officer. Mr. Irvin joined Everbridge from Syniverse, a telecommunications technology company, where he served as Head of Global Enterprise Business Development from May 2019 to August 2019. Prior to that, he worked at the telecommunications company CenturyLink, where he served as Executive Vice President of Local Govern…read full bio

Ezcorp Inc (EZPW)
Leaving: CEO – Jason A Kulas ( 1.5 yrs; 10.0% TSR)
Replaced by: John Blair Powell Jr & Lachlan P Given as Interim

Mr. Powell joined the Company in 1989 as a pawnbroker in Houston, Texas, and during his tenure has held all field level positions, from store level to multi-unit management positions. He moved into Operations at the Corporate Support Center in 2000 and was the Company’s top Operations Administration executive. He was named President, US Pawn in September 2020 and was promoted to President…read full bio

Lachlan P. Given — Mr. Given is the Chief Strategy, M&A and Funding Officer, having been appointed to that role in September 2020. He has responsibility for overseeing the Company’s strategic planning; mergers, acquisitions and strategic investments; and capital market and institutional funding activities. From September 2019 to September 2020, he was the Chief M&A and Strategic Funding Officer. …read full bio

MedAvail Holdings Inc (MDVL)
Leaving: CEO – Edwin Kilroy ( 1.2 yrs; -85.2% TSR)
Replaced by: Mark Edward Doerr

Mr. Doerr, age 52, previously served as Senior Vice President and General Manager of the Pharmacy Business Unit at Change Healthcare, a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system, since May 2020. From March 2017 until May 2020, when it was acqui…read full bio

NewAge Inc (NBEV)
Leaving: CEO – Brent D Willis ( 5.8 yrs; -23.3% TSR)
Replaced by: TBD

RE/MAX Holdings Inc (RMAX)
Leaving: CEO – Adam M Contos ( 4.8 yrs; -10.9% TSR)
Replaced by: Stephen P Joyce (interim)

Mr. Joyce, 61, is a seasoned executive with proven experience successfully leading global franchise operations, including Dine Brands Global, the franchisor of IHOP and Applebee’s Grill + Bar, where he was previously Chief Executive Officer and Board member. Prior to Dine Brands Global, Mr. Joyce served as President and Chief Executive Officer of Choice Hotels International, where he reinvigorated and grew its hotel brands, expanding them from nine to 13 brands, and grew Choice Hotels internationally to more than 6,700 hotels in over 45 countries. Earlier in his career, Mr. Joyce spent over 25 years with Marriott International, Inc., the world’s largest hotel company, where he created the first franchise program and helped build a network of more than 2,500 franchised hotels. Mr. Joyce also serves on the Board of Directors of Hospitality Investors Trust, Inc. and on the Board of Directors of Cooperative for Assistance and Relief Everywhere, Inc. (CARE).

STAG Industrial Inc (STAG)
Leaving: CEO – Benjamin S Butcher ( 17.0 yrs; 19.6% TSR)
Replaced by: William R Crooker

Mr. Crooker has served as the Company’s President, Chief Financial Officer and Treasurer since May 2021 and served as Executive Vice President, Chief Financial Officer and Treasurer from 2016 to 2021. Mr. Crooker served as the Company’s Chief Accounting Officer from 2011 to 2016 and Senior Vice President – Capital Markets from 2015 to 2016. Mr. Crooker served as the Chief Accounting Officer for th…read full bio


CFO Moves

Allegro Microsystems Inc (ALGM)
Leaving: CFO – Paul V Walsh Jr ( 7.8 yrs; 65.9% TSR)
Replaced by: Derek P. D’Antilio

Mr. D’Antilio, age 49, most recently served as Chief Financial Officer of Harvey Performance Company. From July 2019 through April 2021, he was Chief Financial Officer of IDEX Biometrics ASA, a publicly traded, Norwegian global fabless semiconductor company, where he helped guide their initial public offering in the United States. Before joining IDEX Biometrics, Mr. D’Antilio spen…read full bio

AutoWeb Inc (AUTO)
Leaving: CFO – Michael Sadowski ( 1.2 yrs; -7.7% TSR)
Replaced by: Carlton D. Hamer

Prior to joining the Company, Mr. Hamer served as Controller of Fortna, Inc., a provider of warehouse optimization, design, and automation services (2021-2022), and as the Vice President, Finance for Nextraq, LLC, a provider of vehicle and asset tracking solutions (2020 to 2021). Mr. Hamer was employed by Cox Automotive, Inc., a provider of automotive media, software, wholesale, and mobility …read full bio

Consensus Cloud Solutions Inc (CCSI)
Leaving: CFO – R Scott Turicchi ( .3 yrs; )
Replaced by: James C Malone

James C. Malone, age 72, will join Consensus Cloud Solutions, Inc. as its Chief Financial Officer. Prior to joining Consensus, James served as the Executive Vice President and Chief Financial Officer at XIFIN, Inc. from 2015-2020….read full bio

Micron Technology Inc (MU)
Leaving: CFO – David Zinsner ( 3.9 yrs; 20.5% TSR)
Replaced by: Sumit Sadana

Mr. Sadana joined us in June 2017 as our Executive Vice President and Chief Business Officer. From April 2010 to May 2016, Mr. Sadana served in various roles at SanDisk Corporation, including Executive Vice President, Chief Strategy Officer, and General Manager, Enterprise Solutions until it was acquired by Western Digital in May 2016. Mr. Sadana currently serves on the Board of Directors of Silic…read full bio

Seritage Growth Properties (SRG)
Leaving: CFO – Amanda Lombard ( 1.1 yrs; -10.0% TSR)
Replaced by: John Andrew Garilli

Mr. Garilli is a veteran public company executive with more than 15 years of experience in real estate leadership roles. Mr. Garilli has been a member of Winthrop Capital Advisors, LLC and its affiliates (“Winthrop”) since 1995, currently serving as President and Chief Operating Officer. Mr. Garilli currently serves as Interim President and CEO of Luby’s, Inc., a national restaurant company operat…read full bio

STAG Industrial Inc (STAG)
Leaving: CFO – William R Crooker ( 6.0 yrs; 21.8% TSR)
Replaced by: Matts S. Pinard

Mr. Pinard has served as the Company’s Senior Vice President – Capital Markets and Investor Relations since 2019. Previously, Mr. Pinard served as the Company’s Vice President – Capital Markets and Investor Relations from 2015 until 2019. Prior to joining the Company in 2013, Mr. Pinard held various positions in capital markets and portfolio management. Mr. Pinard, 39, received a Bachelor of Arts …read full bio

Director Joins

Adobe Inc (ADBE)
Spencer Adam Neumann

Neumann is currently chief financial officer for Netflix, a role he has held since January 2019. Before joining Netflix, Neumann served as Activision Blizzard’s Chief Financial Officer and previously held several senior positions at The Walt Disney Company, including CFO and executi…read full bio

Adobe Inc (ADBE)
M Brett Biggs

Biggs is currently executive vice president and chief financial officer for Walmart Inc., where he is responsible for all global finance and indirect procurement functions as well as corporate strategy. His oversight has also included the company’s global Enterprise Business Service…read full bio

Amedisys Inc (AMED)
Christopher Gerard

Mr. Gerard, 49, previously served as President for the South Central Region of Kindred at Home, a division of Kindred Healthcare, Inc., a healthcare services company, from 2015 to 2016. Prior to his role as Regional President, Mr. Gerard was the Chief Operating Officer at Kindred at Home from 2014 t…read full bio

American Virtual Cloud Technologies Inc (AVCT)
Michael Tessler

Mr. Tessler, age 60, was a co-founder of Broadsoft, Inc. (“BroadSoft”), and served as a director of BroadSoft from its inception, and as its President and Chief Executive Officer from December 1998, until its sale to Cisco Systems, Inc. (“Cisco”) in February 2018. Following the sale of BroadSoft, Mr…read full bio

BRT Apartments Corp (BRT)
Carol CiceroFor more than the past 30 years, Ms. Cicero has served in various positions in the multi-family property management industry, including service from 2014 to January 2021, as Group Vice President for RAM Partners, LLC. RAM Partners manages six properties in which we have an interest….read full bio

CarPartscom Inc (PRTS)
Ana Dutra

Ms. Dutra also previously served as Chief Executive Officer of The Executives’ Club of Chicago, a world-class senior executives organization focused on the development, innovation and networking of current and future business and community leaders, from 2014 until September 2018.read full bio

Dana Inc (DAN)
Gary Hu

Mr. Hu is a Portfolio Manager for Icahn Capital LP, a subsidiary of Icahn Enterprises L.P., a diversified holding company engaged in a variety of businesses. Prior to joining Icahn Capital LP, he held investment management roles at Silver Point Capital LP, a credit-focused investment firm, …read full bio

Dana Inc (DAN)
Brett Icahn

Mr. Icahn is a Portfolio Manager for Icahn Capital LP, a subsidiary of Icahn Enterprises L.P., a diversified holding company engaged in a variety of businesses. Mr. Icahn has held a variety of investment advisory roles at Icahn Enterprises L.P. since 2002, and has served on its board since Octobe…read full bio

Elastic NV (ESTC)
Ashutosh Kulkarni

Ashutosh Kulkarni has served as our Chief Product Officer since January 2021. Prior to joining us, he served as Executive Vice President and Chief Product Officer, Enterprise Business Group, at McAfee Corp., a digital provider of cyber security services, from October 2018 until December 2020. Prior …read full bio

Everbridge Inc (EVBG)
David J Henshall

David Henshall has served a member of our board of directors since July 2015. Mr. Henshall has served as Executive Vice President and Chief Financial Officer of Citrix Systems, Inc., a provider of workplace mobility solutions, since September 2011 and as Citrix’s Chief Operating Officer since Februa…read full bio

Icad Inc (ICAD)
Stacey M Stevens

Stacey Stevens , 38, joined the Company in June 2006 as the Company’s Senior Vice President of Marketing and Strategy. During the past 16 years, Ms. Stevens has served in a variety of sales, business development, and marketing management positions with Philips Medical Systems, Agilent Technologies a…read full bio

MedAvail Holdings Inc (MDVL)
Mark Edward Doerr

Mr. Doerr, age 52, previously served as Senior Vice President and General Manager of the Pharmacy Business Unit at Change Healthcare, a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outco…read full bio

Nocturne Acquisition Corp (MBTC)
Derek Feng

Mr. Feng, 55, has served, from January 2019 to May 2020, as the Chief Executive Officer of Bright Scholar Education Holdings Ltd. (NYSE: BEDU), an education company headquartered in China with K-12 schools worldwide. Prior to joining Bright Scholar, from January 2017 to December 2018, Mr. Feng se…read full bio

Nocturne Acquisition Corp (MBTC)
Giuseppe Mangiacotti

Mr. Mangiacotti, 33, has over ten years of experience working in finance with multi-national public corporations. Since November 2019, Mr. Mangiacotti has served as a senior finance manager at Microsoft (NASDAQ: MSFT). From August 2017 to November 2019, Mr. Mangiacotti served as controller at Mic…read full bio

Nocturne Acquisition Corp (MBTC)
Ka Lok Wong

Mr. Wong, 45, has served, since May 2013, as the Managing Director of Wyndham Capital, a wholly owned subsidiary of Peterson Group, a private Hong Kong based family office with a portfolio of investments including special situation, private equity, and structured finance investments, as well as p…read full bio

Playtika Holding Corp (PLTK)
Dana Rebecca Gross

Dana Gross is a technology and public markets veteran, currently serving as COO of Prospera Technologies an Israeli AI company, which was recently acquired by Valmont Industries. Prior to joining Prospera Technologies, Gross was Chief Financial Officer of the fintech company eToro, and served on …read full bio

Playtika Holding Corp (PLTK)
Du HongHong Du is Co-President and Chief Operating Officer of SINA, one of China’s largest technology companies, operating five major business lines – SINA.com (online news and content), SINA Mobile (MVAS), SINA Community (Web 2.0 and social networking-b…read full bio

Sprinklr Inc (CXM)
Eileen Schloss

Ms. Schloss is a Class III director whose term will expire at the Company’s 2024 Annual Meeting of Stockholders. The Board has determined that Ms. Schloss is “independent” pursuant to the rules of The New York Stock Exchange (” NYSE “) and other governing laws and applicable regulations. As of the d…read full bio

STAG Industrial Inc (STAG)
William R Crooker

Mr. Crooker, 34, has served as the Company’s Chief Accounting Officer since April 2011. Prior to the formation of the Company, Mr. Crooker served as the Chief Accounting Officer for the Company’s predecessor, STAG Capital Partners, LLC from 2010 to 2011, where he was responsible for the company’s ac…read full bio

Steven Madden Ltd (SHOO)
Ms. Arian Simone

Ms. Simone is President and Chief Executive Officer of Fearless Fund, a venture capital fund that invests in women of color led businesses, which she co-founded in 2018. From 2004 to 2017, Ms. Simone was the owner of AR PR Marketing, a publicity and marketing strategy firm. Ms. Simone serves as a…read full bio

SYNAPTICS Inc (SYNA)
Vivie Lee

Ms. Lee served as Chief Strategy Officer of Anaplan from 2018 until October 2021, leading performance planning across corporate functions and incubating strategic internal initiatives and market collaborations during the period through and following the company’s IPO. Previously, she was chief execu…read full bio

TechTarget Inc (TTGT)
Perfecto Sanchez

Mr. Sanchez is currently the founder and CEO of Keep The Change, a for-purpose marketing consultancy he launched in 2014 to help companies and organizations drive growth and catalyze change. He is also the co-founder of CHPTR, a tech memorialization company and mobile-first community started in 2…read full bio

TechTarget Inc (TTGT)
Perfecto Sanchez

Mr. Sanchez is currently the founder and CEO of Keep The Change, a for-purpose marketing consultancy he launched in 2014 to help companies and organizations drive growth and catalyze change. He is also the co-founder of CHPTR, a tech memorialization company and mobile-first community started in 2…read full bio

Tenable Holdings Inc (TENB)
Raymond Vicks, Jr.Raymond Vicks, Jr., age 62, previously served as Managing Partner at The BMV Group, a position he held from August 2017 until his retirement in 2019. Mr. Vicks also served as the Chief Financial Officer of The HSC Health Care System from 2015 to 2019. Prior to that, Mr. Vicks served in roles of…read full bio

ThredUp Inc (TDUP)
Coretha M RushingRushing has held executive positions at Equifax, Inc.,The Coca-Cola Company, Pepsi, and IBM, and also founded her own consulting firm, CR Consulting Alliance LLC. She developed leadership and employee programs centered around DEIB initiatives and became Coca-Cola’s first woman Chief…read full bio

Director Exits

COMMERCIAL METALS Co (CMC)
Joseph C Winkler ( 10.0 yrs; 12.6% TSR)
Committees: Compensation, Finance

Emergent BioSolutions Inc (EBS)
Fuad El-Hibri ( 18.3 yrs; 10.4% TSR)
Committees: Strategic Operations

Everbridge Inc (EVBG)
David Alexander Meredith ( 2.5 yrs; -10.1% TSR)

Evolving Systems Inc (EVOL)
David S Oros ( 13.8 yrs; .9% TSR)

Evolving Systems Inc (EVOL)
Julian D Singer ( -17.6% TSR)

Exelon Corp (EXC)
Yves C De Balmann ( 9.8 yrs; 7.6% TSR)
Committees: Compensation and Leadership Development Committee, Finance and Risk Committee, Nominating (and Governance), Risk, Special Oversight

John M Richardson ( 2.3 yrs; 12.6% TSR)
Committees: Generation Oversight Committee, Risk

Laurie Brlas ( 3.3 yrs; 11.0% TSR)
Committees: Audit, Finance and Risk Committee, Risk

Robert J Lawless ( 9.8 yrs; 7.6% TSR)
Committees: Compensation and Leadership Development Committee, Nominating (and Governance), Risk, Special Oversight

Fabrinet (FN)
Greg Dougherty ( 2.9 yrs; 30.3% TSR)
Committees: Audit, Nominating (and Governance)

Fulcrum Therapeutics Inc (FULC)
Mark J Levin ( 6.7 yrs; 8.6% TSR)
Committees: Nominating (and Governance), Science and Technology

Fusion Acquisition Corp II (FSNB)
Jeff Gary ( 1.0 yrs; -3.9% TSR)

Gladstone Acquisition Corp (GLEE)
Caren D Merrick ( .9 yrs; -2.4% TSR)

Gladstone Capital Corp (GLAD)
Caren D Merrick ( 7.2 yrs; 13.7% TSR)
Committees: Audit, Valuation

Gladstone Commercial Corp (GOOD)
Caren D Merrick ( 7.2 yrs; 13.8% TSR)
Committees: Audit, Valuation

Gladstone Investment Corporation (GAIN)
Caren D Merrick ( 7.2 yrs; 22.6% TSR)
Committees: Audit, Valuation

GLADSTONE LAND Corp (LAND)
Caren D Merrick ( 7.2 yrs; 19.8% TSR)
Committees: Audit, Valuation

Huntsman CORP (HUN)
Wayne A Reaud ( 17.1 yrs; 4.3% TSR)
Committees: Compensation, Litigation

Jefferies Financial Group Inc (JEF)
Francisco L Borges ( 8.4 yrs; 7.3% TSR)
Committees: Audit, ESG Oversight Committee, Nominating (and Governance)

MedAvail Holdings Inc (MDVL)
Platerink Gerard Van Hamel ( 1.2 yrs; -85.2% TSR)

MedAvail Holdings Inc (MDVL)
Helen Ciesielski ( 1.2 yrs; -85.2% TSR)
Committees: Audit, Nominating (and Governance)

MedAvail Holdings Inc (MDVL)
Edwin Kilroy ( 1.2 yrs; -85.2% TSR)

Modine Manufacturing Co (MOD)
David G Bills ( 6.9 yrs; -3.1% TSR)
Committees: Audit, Nominating (and Governance), Technology

NewAge Inc (NBEV)
Brent D Willis ( 5.8 yrs; -23.3% TSR)

Pure Cycle Corp (PCYO)
Arthur G Epker III ( 14.4 yrs; 4.3% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

RE/MAX Holdings Inc (RMAX)
Adam M Contos ( 3.3 yrs; -.5% TSR)

Thorne Healthtech Inc (THRN)
Toru Yoshimura ( .3 yrs; )

WisdomTree Investments Inc (WETF)
Bruce I Lavine ( 9.5 yrs; 1.1% TSR)
Committees: Nominating (and Governance)

Recent Analysis

Daily SPAC Update – Jan 29, 2024

Daily SPAC Update for Jan 29, 2024. Extension votes for APTM, ONYX, CSTAF. SEPA + SANUWAVE Health deal vote. New deal decks. List of this week’s SPAC votes.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.