Weekly Executive & Director Moves (Feb 25)

by | Feb 25, 2022

Boardroom Alpha provides in-depth analytics and tracking of all public company executives and officers. Below is a rundown of people moves made at notable companies this past week. Get a demo today to see how you can receive real-time alerts and in-depth analytics.

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

Moves in this Issue

CEO
ADGI, BBWI, EVR, FOLD, HAS, KEYS, RBB, RRD, SATS, TAST, UFCS, VRSK, WW, WWR

CFO
AGR, CTXS, KRC, MBII, MCS, MQ, MSGE, NUE, PLYM, RONI, SAIL

Directors
ABG, ACLS, ADGI, AEP, AME, APD, APEN, APPH, ATIP, AUB, AZO, BBWI, BRC, CHS, DE, DLTR, DMRC, DOC, EPR, EVR, EXPD, FISV, HAL, HAS, HD, HESM, IPI, JOUT, KEYS, KHC, MANT, MORF, MPW, MTAC, NES, NEU, NEXT, NX, NXTD, OMC, OMI, ORCC, PNW, PRFT, PTRA, RHP, RJF, RLJ, RRBI, RRD, SHLS, SIVB, SNDX, SPCE, SSB, STOR, TAST, TMO, TTEK, UFCS, VCRA, VIEW, VRSK, VVI, WKHS, WW, WWR, X, XRAY


CEO Moves

Adagio Therapeutics Inc (ADGI)
Leaving: CEO – Tillman U Gerngross ( 0.5 yrs; -92.9% TSR)
Replaced by: David Hering

Mr. Hering will also continue to serve as the Company’s Chief Operating Officer. There is no arrangement or understanding between Mr. Hering and any other person pursuant to which he was selected as an officer of the Company, and there is no family relationship between Mr. Hering and any of the Company’s other executive officers or directors. The Company is not aware of any transaction involving M…read full bio

Amicus Therapeutics Inc (FOLD)
Leaving: CEO – John F Crowley ( 17.6 yrs; -3.1% TSR)
Replaced by: Bradley L Campbell

Bradley L. Campbell has served as a member of the Board since June 2018 and as President and Chief Operating Officer since January 2015. Mr. Campbell served as Chief Operating Officer since December 2013 and, prior thereto, as Chief Business Officer since February 2012. From January 2010 to February 2012, Mr. Campbell served as Senior Vice President, Business Operations; from May 2007 to January 2…read full bio

Bath & Body Works Inc (BBWI)
Leaving: CEO – Andrew Meslow ( 2.3 yrs; 64.5% TSR)
Replaced by: Sarah E Nash

Ms. Nash is Chair of the Board, Chief Executive Officer and majority shareholder of privately held Novagard Solutions. Ms. Nash spent nearly 30 years in investment banking at JPMorgan Chase & Co. (and predecessor companies), a financial services firm, retiring as Vice Chairman for Global Investment Banking in July 2005. She currently serves on the boards of directors of Blackbaud, Inc., a software…read full bio

Carrols Restaurant Group Inc (TAST)
Leaving: CEO – Daniel T Accordino ( 10.3 yrs; -12.1% TSR)
Replaced by: Paulo Pena

Mr. Pena, age 49, has served as Chief Operating Officer of Selina since September 2019. Prior to joining Selina, Mr. Pena served as Vice President Acquisitions at McDonald’s USA from December 2018 to September 2019 and as Vice President and Managing Director from August 2017 until January 2019. Prior to working at McDonald’s, Mr. Pena served as President and Managing Director, Latin…read full bio

Evercore Inc (EVR)
Leaving: CEO – Ralph Schlosstein ( 12.8 yrs; 20.0% TSR)
Replaced by: Leaving as co-CEO. John S. Weinberg is now sole Chairman and CEO.

Hasbro Inc (HAS)
Leaving: CEO – Richard S Stoddart ( 0.3 yrs; )
Replaced by: Christian P Cocks

Mr. Cocks, age 48, currently serves as President of Hasbro’s Wizards of the Coast and Digital Gaming segment. He will succeed Interim CEO, Richard Stoddart, who was appointed following the October 2021 passing of Hasbro’s longtime CEO Brian Goldner….read full bio

Keysight Technologies Inc (KEYS)
Leaving: CEO – Ronald S Nersesian ( 8.7 yrs; 26.4% TSR)
Replaced by: Satish Dhanasekaran

Mr. Dhanasekaran will serve as a Class III director with a term expiring at the 2023 Annual Meeting of the Stockholders. Mr. Dhanasekaran has served as Senior Vice President and Chief Operating Officer of the Company since October 2020. From July 2017 to October 2020, Mr. Dhanasekaran served as Company Senior Vice President and President of the Communications Solutions Group (CSG). From May 2016 t…read full bio

RBB Bancorp (RBB)
Leaving: CEO – Yee Phong Thian ( 16.7 yrs; 4.4% TSR)
Replaced by: David Richard Morris

David R. Morris. Mr. Morris has served as Executive Vice President and Chief Financial Officer of the Bank since February 2010 and of the Company since 2011. Mr. Morris is responsible for the Bank’s finance, treasury, and information technology functions. He serves on our Board’s asset/liability committee, information technology and security committee, and community reinvestment act committee. Pri…read full bio

United Fire Group Inc (UFCS)
Leaving: CEO – Randy A Ramlo ( 15.4 yrs; .5% TSR)
Replaced by: TBD

Verisk Analytics Inc (VRSK)
Leaving: CEO – Scott G Stephenson ( 9.1 yrs; 14.2% TSR)
Replaced by: Lee Shavel

Mr. Shavel, age 53, has served as the Company’s Executive Vice President and Chief Financial Officer since November 2017. Mr. Shavel served as Chief Financial Officer and Executive Vice President, Corporate Strategy of Nasdaq, Inc. from May 2011 to March 2016. Before joining Nasdaq, Mr. Shavel was Americas Head of Financial Institutions Investment Banking at Bank of America Merrill Lynch. Previous…read full bio

Westwater Resources Inc (WWR)
Leaving: CEO – Christopher Murrel Jones ( 8.8 yrs; -52.8% TSR)
Replaced by: Chad M Potter

Mr. Potter, age 46, has served as COO of the Company since August 2021. Prior to that, Mr. Potter was the COO and Vice President of Operations of American Consolidated Industries, Inc., a producer of steel products, from April 2019 to August 2021. Prior to his time at American Consolidated Industries, Inc., Mr. Potter served in various roles at Nucor Steel Corporation (NYSE: NUE), a producer of st…read full bio

Ww International Inc (WW)
Leaving: CEO – Mindy F Grossman ( 4.7 yrs; -18.0% TSR)
Replaced by: Sima Sistani

Since June 2019, Ms. Sistani, age 42, has worked at Epic Games, Inc., a video game and software developer and publisher, where she served as Chief Executive Officer of Houseparty, a face-to-face synchronous social network, and has also been the senior executive leading social gameplay and feature development for Epic’s gaming products, including Fortnite. Pri…read full bio


CFO Moves

Avangrid Inc (AGR)
Leaving: CFO – Douglas K Stuver ( 3.6 yrs; -.1% TSR)
Replaced by: Patricia Cosgel

Ms. Cosgel, age 56, has served as Vice President of Investor and Shareholder Relations of the Corporation since December 2015. Previously, Ms. Cosgel served as Vice President and Treasurer of UIL Holdings Corporation from May 2011 until its acquisition by the Corporation in December 2015. Prior to joining UIL Holdings Corporation, Ms. Cosgel served as Director of Enterprise Risk …read full bio

Citrix Systems Inc (CTXS)
Leaving: CFO – Arlen Shenkman ( 2.4 yrs; 5.5% TSR)
Replaced by: Jason Smith

Mr. Smith, age 48, joined the Company in September 2021 as Senior Vice President, Finance. Prior to that, Mr. Smith held multiple finance, planning, development and treasurer roles at ADT Security over a nine year tenure, including as Senior Vice President, M&A and Business Transformation, from June 2021 through August 2021, as Senior Vice President, Finance, from 2018 through Jun…read full bio

Kilroy Realty Corp (KRC)
Leaving: CFO – Michelle Ngo ( 1.2 yrs; 16.6% TSR)
Replaced by: Eliott Trencher

Eliott Trencher, currently Executive Vice President, Chief Investment Officer of the Company, will assume the additional offices of Chief Financial Officer and Treasurer of the Company and principal financial officer of the Company and Kilroy Realty, L.P., the Company’s operating partnership, effective as of the Transition Date. Mr. Trencher will serve as Chief Financial Officer and Treasurer of t…read full bio

Madison Square Garden Entertainment Corp (MSGE)
Leaving: CFO – Mark H Fitzpatrick ( 1.8 yrs; -2.0% 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

Marqeta Inc (MQ)
Leaving: CFO – Philip Faix ( .7 yrs; -78.6% TSR)
Replaced by: Mike Milotich

Milotich joins Marqeta following a decade-long tenure at Visa in various financial leadership positions, most recently serving as Senior Vice President of Investor Relations and Corporate Finance. He has more than 20 years of experience in corporate finance, the majority of which falls in payments and financial services. He has also held leadership positions at American Express and PayPal.read full bio

Marrone Bio Innovations Inc (MBII)
Leaving: CFO – Suping (Sue) Cheung ( 1.1 yrs; -52.0% TSR)
Replaced by: LaDon Johnson

Mr. Johnson, 60, is an experienced senior executive bringing extensive international business acumen in finance, strategy, business development, mergers & acquisitions, and operations to the Company. He currently serves as a director at CFO Systems, where he has worked since August 2017. Previously, Mr. Johnson worked for over a decade from 2006 through 2017 as a business and financial advi…read full bio

Nucor Corp (NUE)
Leaving: CFO – James D Frias ( 12.2 yrs; 11.4% TSR)
Replaced by: Stephen D. Laxton

Mr. Laxton, 51, began his career with Nucor in 2003 as General Manager of Business Development and was promoted to Vice President in 2014.    Prior to joining Nucor, Mr. Laxton worked for Cinergy Corp., holding various positions including Director of Asset Management and Manager of Corporate Development. Prior to Cinergy, he held various financial roles with Ashlan…read full bio

Plymouth Industrial REIT Inc (PLYM)
Leaving: CFO – Daniel C Wright ( 7.8 yrs; 17.9% TSR)
Replaced by: Anthony Saladino

Mr. Saladino, age 48, has served as the Company’s Senior Vice President and Chief Accounting Officer since 2020. Previously, Mr. Saladino served as Chief Accounting Officer of New York City REIT and American Finance Trust, both publicly-traded REITs, from 2017 to 2019 and Vice President of Finance and Corporate Controller of the High Companies from 2015 to 2017. Prior to the High Companie…read full bio


Director Joins

American Electric Power Co Inc (AEP)
Lewis Von Thaer

Mr. Von Thaer has served as president and chief executive officer of Battelle Memorial Institute since October 2017. Prior to that, Mr. Von Thaer served as chief executive officer of DynCorp International (June 2015 – October 2017), president of Leidos, Inc. (2013 – 2015) and corpor…read full bio

Autozone Inc (AZO)
Brian Hannasch

Brian Hannasch serves as President and CEO of Alimentation Couche-Tard, which operates Circle K, one of the world’s leading fuel and convenience retailers. Brian joined Couche-Tard in 2001 and was named President and CEO in September 2014. Prior to his current role, Brian served as Chief Op…read full bio

Axcelis Technologies Inc (ACLS)
Dipti Vachani

Ms. Vachani has over 25 years of management experience in the semiconductor industry. She currently holds the role of Senior Vice President, General Manager, Automotive and Embedded Line of Business at Arm Limited, where she is responsible for the proliferation of Arm-based solutions in autonomou…read full bio

Axcelis Technologies Inc (ACLS)
Jeanne Quirk

Ms. Quirk has over 30 years of management experience in high technology as well as the financial sector. Currently she serves as Senior Vice President, Mergers and Acquisitions, at TE Connectivity where she is responsible for driving the development and execution of inorganic growth strategies. D…read full bio

Chico’S Fas Inc (CHS)
Eli M. Kumekpor

Mr. Kumekpor currently serves as Global Vice President and General Manager of Men’s for the Jordan Brand at NIKE, Inc., where he has responsibility for driving the vision, strategy, and differential growth for this multibillion-dollar omnichannel retail business. Previously, he serv…read full bio

Digimarc CORP (DMRC)
Milena Alberti- Perez

Alberti-Perez was most recently the Chief Financial Officer of Getty Images, Inc., the world’s leading visual content company. Her background also includes serving as the Chief Financial Officer of MediaMath, a demand-side platform for programmatic marketing and as the Global and US Chief F…read full bio

Epr Properties (EPR)
Caixia Ziegler

Ms. Ziegler is the Managing Director of Real Assets and Sustainable Investments at The John D. and Catherine T. MacArthur Foundation, which supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. Prior to joining the Ma…read full bio

Hasbro Inc (HAS)
Christian P Cocks

Mr. Cocks, age 48, currently serves as President of Hasbro’s Wizards of the Coast and Digital Gaming segment. He will succeed Interim CEO, Richard Stoddart, who was appointed following the October 2021 passing of Hasbro’s longtime CEO Brian Goldner….read full bio

Hess Midstream LP (HESM)
James K Lee

Mr. Lee joined GIP in April 2009 and focuses on North American energy investments. Mr. Lee was actively involved in GIP’s investment in the Partnership. Prior to joining GIP, Mr. Lee was an investment banker at Goldman Sachs Australia from 2006 to 2009. Mr. Lee has been …read full bio

Medical Properties Trust Inc (MPW)
Emily W. Murphy

Ms. Murphy is a leading expert in government contracting and the business of government. She served as Administrator of the U.S. General Services Administration (“GSA”) from 2017 to 2021, leading a workforce of more than 11,000 federal employees and overseeing 371 million sq…read full bio

Morphic Holding Inc (MORF)
Nisha Nanda

Dr. Nanda has two decades of experience in the biopharma industry, holding various roles of responsibility in both clinical and pre-clinical development. Prior to Loxo Oncology, Dr. Nanda worked on the clinical development of carfilzomib (Kyprolis) and the approval of omacetaxine (Synribo). Her c…read full bio

NextDecade Corp (NEXT)
Seokwon Ha

Mr. Ha is the President of Hanwha Impact Partners, a holding company managing investment portfolio in U.S. covering a wide range of sectors such as clean energy, data science, and life science and developing new business for sustainable growth. From April 2017 until December 2021, Mr. Ha served a…read full bio

Nxt-ID Inc (NXTD)
Sherice Torres

Torres brings a wealth of marketing knowledge and experience to NXT-ID as the company strives to transform the PERS sector. Prior to her executive leadership role with Circle, she served as the Chief Marketing Officer for Novi, a f…read full bio

Physicians Realty Trust (DOC)
Ava E. Lias-Booker

Ms. Lias-Booker, 61, is a partner at McGuireWoods LLP, an international law firm, where she leads the litigation practice of the firm’s Baltimore office. Ms. Lias-Booker has been with McGuireWoods LLP since 2004. Ms. Lias-Booker has over three decades of first chair trial experience represe…read full bio

Quanex Building Products CORP (NX)
Bradley E Hughes

Mr. Hughes served as President & Chief Executive Officer of Cooper Tire & Rubber Co., an NYSE-traded manufacturer of car, motorcycle, truck, and racing tires, from 2016 until it was sold in 2021. He previously served as Cooper’s Senior Vice President and Chief Operating Officer fr…read full bio

RLJ Lodging Trust (RLJ)
Robin Mcbride Zeigler

Since March 2016, Ms. Zeigler has served as Executive Vice President, Chief Operating Officer of Cedar Realty Investment Trust (NYSE: CDR), where she oversees 9 million square feet of grocery anchored shopping centers as well as the redevelopment of Cedar’s mixed-use assets. Prior…read full bio

Ryman Hospitality Properties Inc (RHP)
Mark Fioravanti

Mark Fioravanti is President and Chief Financial Officer of the Company, a position he has held since March 2015. Prior to that time, Mr. Fioravanti served as Executive Vice President and Chief Financial Officer of the Company. Until June 2009, Mr. Fioravanti served as Senior Vice President of Finan…read full bio

Tetra Tech Inc (TTEK)
Prashant Gandhi

Mr. Gandhi has served as the Chief Business Officer of Melio Payments since 2021. Prior to that, he was Managing Director at JP Morgan Chase, overseeing the digital systems and management of all money movement products used by retail and small business customers, from 2017 to 2021. From 2000…read full bio

United Fire Group Inc (UFCS)
Mark A Green

Mark A. Green is an operating partner at Vistria Group, a private equity firm in Chicago, IL. Green has an extensive background in the insurance sector. Prior to joining Vistria Group in 2021, he served as executive vice president of business development and reinsurance, and executive vic…read full bio

United Fire Group Inc (UFCS)
Matthew R. Foran

Matthew R. Foran is co-founder and president of Stoic Lane, Inc., a private holding company in Chicago, IL. His strengths include his extensive experience in the insurance technology sector. From 2018 to April of 2021, he led the alternative distribution division of The Hartford Insurance…read full bio

Director Exits

Adagio Therapeutics Inc (ADGI)
Tillman U Gerngross ( .5 yrs; -92.9% TSR)

American Electric Power Co Inc (AEP)
Stephen S Rasmussen ( 9.4 yrs; 11.8% TSR)
Committees: Directors and Corporate Governance, Finance, Human Resources, Nominating (and Governance), Policy

Apollo Endosurgery Inc (APEN)
Bruce C Robertson ( 14.0 yrs; -31.9% TSR)
Committees: Compensation

ATI Physical Therapy Inc (ATIP)
Chris Krubert ( .7 yrs; -80.9% TSR)

Atlantic Union Bankshares Corp (AUB)
Alan W Myers ( 8.1 yrs; 9.2% TSR)
Committees: Nominating (and Governance), Trust

Bath & Body Works Inc (BBWI)
Andrew Meslow ( 2.0 yrs; 128.5% TSR)

Billcom Holdings Inc (BILL)
Steven F Piaker ( 10.2 yrs; 121.5% TSR)
Committees: Audit

BJs RESTAURANTS INC (BJRI)
Patrick Walsh ( 7.7 yrs; 1.2% TSR)
Committees: Audit, Compensation

Canadian Pacific Railway Ltd (CP)
Ubavka Rebecca Macdonald ( 9.9 yrs; 18.4% TSR)

Carrols Restaurant Group Inc (TAST)
Daniel T Accordino ( 29.2 yrs; -10.0% TSR)

Chico’S Fas Inc (CHS)
Stephen E Watson ( 11.6 yrs; -4.2% TSR)
Committees: Nominating (and Governance)

Deere & Co (DE)
Dipak C Jain ( 20.0 yrs; 17.6% TSR)
Committees: Audit, Compensation, Finance

Dollar Tree Inc (DLTR)
Bob Sasser ( 18.0 yrs; 16.7% TSR)

Evercore Inc (EVR)
Ralph Schlosstein ( 21.9% TSR)

Hess Midstream LP (HESM)
C Harris Matthew ( 27.5% TSR)

Intrepid Potash Inc (IPI)
Hugh E Harvey Jr ( 14.2 yrs; -15.8% TSR)

Johnson Outdoors Inc (JOUT)
Thomas F Pyle Jr ( 35.1 yrs; 7.1% TSR)
Committees: Audit, Compensation, Executive, Nominating (and Governance)

Kraft Heinz Co (KHC)
Alexandre Behring ( 6.8 yrs; -7.1% TSR)
Committees: Compensation, Nominating (and Governance), Operations and Strategy

Mantech International Corp (MANT)
George J Pedersen ( 54.1 yrs; 8.7% TSR)
Committees: Executive, Special Programs Oversight

MedTech Acquisition Corp (MTAC)
Maurice R Ferre ( 1.2 yrs; -4.3% TSR)

Morphic Holding Inc (MORF)
Nilesh Kumar ( 3.2 yrs; 34.3% TSR)
Committees: Audit, Nominating (and Governance)

NextDecade Corp (NEXT)
Taewon Jun ( 2.7 yrs; -26.9% TSR)
Committees: Audit, Compensation, Finance & Risk

Owl Rock Capital Corp (ORCC)
Brian D Finn ( 5.8 yrs; 7.8% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

Proterra Inc (PTRA)
Jochen M Goetz ( .8 yrs; -43.6% TSR)

Quanex Building Products CORP (NX)
William C Griffiths ( 13.0 yrs; 8.5% TSR)
Committees: Executive, Nominating (and Governance)

Raymond James Financial Inc (RJF)
Francis S Godbold ( 45.1 yrs; 13.1% TSR)
Committees: Securities Offerings

Red River Bancshares Inc (RRBI)
John Charles Simpson ( 24.1 yrs; 2.1% TSR)
Committees: Compensation, Nominating (and Governance)

Shoals Technologies Group Inc (SHLS)
Dean Solon ( 1.1 yrs; -52.3% TSR)

Svb Financial Group (SIVB)
John S Clendening ( 4.7 yrs; 30.3% TSR)
Committees: Compensation, Credit

Svb Financial Group (SIVB)
Roger F Dunbar ( 17.5 yrs; 17.5% TSR)
Committees: Audit, Finance , Nominating (and Governance), Risk

Syndax Pharmaceuticals Inc (SNDX)
Fabrice Egros ( 8.4 yrs; 3.9% TSR)
Committees: Audit

United Fire Group Inc (UFCS)
Randy A Ramlo ( 14.8 yrs; 1.7% TSR)
Committees: Executive , Investment , Risk Management

Verisk Analytics Inc (VRSK)
Scott G Stephenson ( 9.0 yrs; 14.3% TSR)
Committees: Executive Committee

View Inc (VIEW)
Thomas C Leppert ( .9 yrs; -76.2% TSR)

View Inc (VIEW)
Harold Hughes ( .9 yrs; -76.2% TSR)

Westwater Resources Inc (WWR)
Christopher Murrel Jones ( 8.8 yrs; -52.8% TSR)
Committees: Health, Safety and Environment, Health, Safety, Environment and Public Affairs

Ww International Inc (WW)
Mindy F Grossman ( 4.7 yrs; -18.0% TSR)

More from Boardroom Alpha

SPAC Daily: Tuesday 9/14

Maxpro Acquisition (JMAC) penned the lone SPAC DA of the day, plus the rest of today’s news in the market.

SPAC Daily: A Merger Monday

4 new SPAC deals to get the week started, a new SPAC for dMY plus of the rest of the day’s SPAC market news.

Know Who Drives Return

Objective, data-driven assessments for every public company director and officer.

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. 

Executive Moves

Newsletter

Get it in your inbox weekly and don't miss a move