Weekly CEO & CFO Moves Update
Over the past week, several U.S. public companies have experienced significant leadership changes, with new CEOs and CFOs stepping into their roles. Notably, Andersons Inc. saw the departure of long-time CEO Patrick E. Bowe after nearly 12 years at the helm, with William E. Krueger, a seasoned executive within the company, taking over. Krueger, who has been with Andersons since 2019 and recently served as COO, is expected to leverage his extensive experience in the company’s trade and processing businesses to drive future growth.
On the CFO front, Argan Inc. appointed Josh Baugher as its new CFO, bringing nearly two decades of financial leadership to the role. Baugher’s background in financial reporting and accounting, most recently with Charles River Associates, positions him well to support Argan’s continued growth trajectory. Similarly, Iridium Communications Inc. transitioned its CFO role from Thomas Fitzpatrick, who served for nearly 15 years, to Vincent O’Neill, a long-time company executive who has been integral in financial planning and strategy.
Other companies making leadership shifts include DSS Inc., CXApp Inc., and Gibraltar Industries Inc., each bringing in new financial or operational leaders to navigate challenging market conditions. These changes reflect broader trends in corporate governance, where companies are seeking fresh perspectives and leadership to adapt to evolving business landscapes.
| COMPANY | MARKET CAP / TSR | ROLE | LEAVING | JOINING | JOINER BIOGRAPHY |
|---|---|---|---|---|---|
| ANDERSONS INC ANDE |
Mkt Cap: $1.7B 1-Yr TSR: -2.8% |
CEO | Patrick E Bowe 11.9 yrs 8.1% TSR |
William E Krueger | Mr. Krueger, age 57, first joined the Company in 2019. Prior to his appointment as the Company’s Chief Operating Officer in December of 2022, Mr. Krueger served as the President of the Company’s Trade and Processing business from 2020 to 2022, and President of the Company’s Trade business from 2019 to 2020. Prior to joining the Company, Mr. Krueger served as the President and Chief Executive…read full bio |
| DSS INC DSS |
Mkt Cap: $9.3M 1-Yr TSR: -70.7% |
CEO | Frank D Heuszel 5.3 yrs -68.8% TSR |
Jason Grady (interim) |
Mr. Jason Grady, 50, has served as the Chief Operating Officer of DSS, Inc. since 2019, and concurrently holds the position of President at Premier Packaging Corporation since 2018, a DSS subsidiary specializing in comprehensive consumer packaging solutions. Mr. Grady is also President and COO of DSS Wealth Management since 2022, a mutual fund, RIA, and fixed income broker dealer, and Presi…read full bio |
| ARGAN INC AGX |
Mkt Cap: $967.0M 1-Yr TSR: 81.9% |
CFO | Hank Deily 2.1 yrs 43.5% TSR |
Josh Baugher | Josh Baugher brings nearly 20 years of financial leadership, strategic insight, and accounting experience. Prior to joining Argan, Mr. Baugher oversaw the financial reporting and technical accounting at Charles River Associates (NASDAQ: CRAI), an international consulting firm headquartered in Boston. Mr. Baugher began his career at CohnReznick, a top 20 national accounting firm, where he managed a…read full bio |
| CXAPP INC CXAI |
Mkt Cap: $37.4M 1-Yr TSR: -47.6% |
CFO | Khurram P Sheikh 1.2 yrs *interim* -68.2% TSR |
Joy Mbanugo | Mrs. Mbanugo, 43, served as Chief Financial Officer of ServiceRocket Inc. (“ServiceRocket”), a global leader in tech-enabled services, from February 2023 to August 2024. Before joining ServiceRocket, Mrs. Mbanugo served a leading role in financial planning, analysis, and reporting for cloud partnerships at Google from May 2021 to February 2023. She previously served in various other se…read full bio |
| DENTSPLY SIRONA INC XRAY |
Mkt Cap: $4.9B 1-Yr TSR: -34.5% |
CFO | Glenn Coleman 2.2 yrs -14.2% TSR |
TBD | TBD |
| GIBRALTAR INDUSTRIES INC ROCK |
Mkt Cap: $2.0B 1-Yr TSR: -6.9% |
CFO | Timothy F Murphy 7.3 yrs 7.5% TSR |
Joseph A Lovechio | Mr. Lovechio, 50, joins the Company following 20 years at Whirlpool Corporation, where he served as Chief Financial Officer, North America Region, since 2018. During his career at Whirlpool, he also served as Corporate Controller and Principal Accounting Officer, CFO EMEA Region, and Senior Finance Director of Investor Relations….read full bio |
| GUESS INC GES |
Mkt Cap: $1.1B 1-Yr TSR: 27.4% |
CFO | Markus Neubrand 1.1 yrs 23.2% TSR |
Dennis R Secor (interim) |
Mr. Secor, age 61, previously served as the Senior Vice President and Chief Financial Officer of the Company from July 2006 to December 2012, as interim Chief Accounting Officer of the Company from March 2022 to April 2023, and as interim Chief Financial Officer of the Company from March 2022 to July 2023. Since July 2023, Mr. Secor has served the Company as Executive Vice President, Finance. &nbs…read full bio |
| HUT 8 CORP HUT |
Mkt Cap: $1.0B 1-Yr TSR: % |
CFO | Shenif Visram .8 yrs 7.6% TSR |
Sean Glennan | Mr. Glennan, 41, most recently served as Managing Director in the Global Power, Utilities & Renewables group in Citigroup Global Market’s Investment Banking division, beginning in December 2021. Prior to serving as Managing Director, Mr. Glennan held various roles at Citigroup since August 2011….read full bio |
| IRIDIUM COMMUNICATIONS INC IRDM |
Mkt Cap: $3.1B 1-Yr TSR: -44.4% |
CFO | Thomas Fitzpatrick 14.7 yrs 9.1% TSR |
Vincent O’Neill | Since April 2024, Mr. O’Neill has served as Senior Vice President, Finance of Iridium Satellite LLC, the Company’s principal operating subsidiary. From 2014 to April 2024, Mr. O’Neill served as Vice President, Financial Planning & Analysis of Iridium Satellite. In these positions, Mr. O’Neill led the Company’s annual budgeting, long-range financial planning, strat…read full bio |
| PREMIER INC PINC |
Mkt Cap: $2.0B 1-Yr TSR: -16.0% |
CFO | Craig S McKasson 14.8 yrs -2.9% TSR |
Glenn Coleman | Coleman brings more than three decades of financial and industry expertise, as well as extensive experience managing public company financial planning, reporting and operations. He currently serves as Executive Vice President and Chief Financial Officer of Dentsply Sirona, where he leads the company’s finance and information technology divisions. Coleman previously held roles at Integra Life…read full bio |
| REALPHA TECH CORP AIRE |
Mkt Cap: $58.5M 1-Yr TSR: % |
CFO | Michael J Logozzo .1 yrs *interim* |
William B Miller | Mr. Miller, age 43, brings over 20 years of finance reporting and leadership skills. Before joining the Company, from January 2019 to March 2024, Mr. Miller served as Chief Accounting Officer of Sunlight Financial Holdings Inc. (“Sunlight”), a previously publicly traded technology-enabled point-of-sale finance company that provide homeowners with financing for the installation of resid…read full bio |
| ROCKWELL AUTOMATION INC ROK |
Mkt Cap: $29.8B 1-Yr TSR: -8.5% |
CFO | Nicholas C Gangestad 3.4 yrs 3.6% TSR |
Christian E Rothe | Mr. Rothe, age 50, currently serves as President, Global Industrial Division of Graco Inc., a publicly traded company supplying industrial fluid management products and packages. Since joining Graco in 2011, Mr. Rothe has held roles of increasing responsibility within the organization, including President, Global Applied Fluid Technologies Division from June 2018 until December 2021 and…read full bio |
| VALMONT INDUSTRIES INC VMI |
Mkt Cap: $5.7B 1-Yr TSR: 15.1% |
CFO | Timothy Francis 1.1 yrs *interim* 1.2% TSR |
Thomas Liguori | Mr. Liguori, age 66, most recently served from December 2022 to March 2024 as CFO of Fortna LLC, a private-equity backed designer and builder of advanced distribution centers for ecommerce and omnichannel distribution, and from January 2018 to September 2022 as CFO of Avnet, Inc., a global technology distributor and solutions provider. Timothy P. Francis who has served as Valmont’s Interim C…read full bio |
| VSE CORP VSEC |
Mkt Cap: $1.7B 1-Yr TSR: 71.0% |
CFO | Tarang Sharma .3 yrs *interim* |
Adam Cohn | Mr. Cohn, age 38, previously served as Chief Financial Officer at Valence Surface Technologies, a surface finishing company specializing in the commercial aerospace, defense, space and satellite industries (2022 to 2024). Prior to that, Mr. Cohn held various finance leadership roles at Triumph Group, a global aerospace company offering design, production and services for aircraft systems and compo…read full bio |
| WHEELS UP EXPERIENCE INC UP |
Mkt Cap: $1.2B 1-Yr TSR: 22.6% |
CFO | Todd Lamar Smith 2.3 yrs -67.1% TSR |
Eric Cabezas (interim) |
Eric Cabezas, age 37, the Company’s Senior Vice President of Finance, will serve as interim Chief Financial Officer and principal accounting officer effective as of Mr. Jacobs’ departure. The Company has engaged Russell Reynolds Associates to conduct an external search for a permanent replacement for Mr. Jacobs. Mr. Cabezas has served as Wheels Up’s Senior Vice President of Finan…read full bio |
| ZEO ENERGY CORP ZEO |
Mkt Cap: $97.7M 1-Yr TSR: -78.5% |
CFO | Nader Daylami 2.9 yrs -32.2% TSR |
Cannon Holbrook | Mr. Holbrook, 52, brings over two decades of experience in finance and accounting to the Company. Throughout his career, he has demonstrated expertise in strategic planning, mergers and acquisitions, and capital raising. He has managed accounting operations for global entities, implemented shared services, and developed and driven process improvements that have yielded significant cost savings and…read full bio |
| ZOOM VIDEO COMMUNICATIONS INC ZM |
Mkt Cap: $21.0B 1-Yr TSR: 1.1% |
CFO | Kelly Steckelberg 6.8 yrs -2.3% TSR |
TBD | TBD |