Weekly Executive & Director Moves (Jan 20)

by | Jan 20, 2023

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.

Moves in this Issue

CEO

ADV, BOOM, CAL, CPTK, ENVX, FTK, GPOR, HBNC, NBRV, NFLX, WWR

CFO

BSM, EVR, MRVL, NCNO, PAYO, RCEL, RMBL, SWIM, VNCE

Directors

ADV, BALY, BOOM, BRO, BWV, CARR, CCL, CPIX, CRBG, DISH, DRCT, EGLE, ENVX, EQIX, ESRT, FARO, FIS, FRGI, FTK, HFFG, HTZ, IRAA, JBL, MEDP, MTB, NXGL, REG, RTX, SSRM, TBLA, THRD, WWR

CEO Moves

DMC GLOBAL INC (BOOM)
Leaving: CEO – Kevin T Longe ( 9.8 yrs; 1.6% TSR)
Replaced by: Michael Kuta (co interim CEOs)

Mr. Kuta, 48, joined the Company in 2014 as its Chief Financial Officer. Prior to joining DMC, Kuta was Corporate Controller of the Lubrizol Corporation, a global specialty chemicals company owned by Berkshire Hathaway, where he was responsible for corporate accounting, consolidation and financial reporting functions, and oversight of internal controls. Prior to Berkshire Hathaway’s 2011 acquisiti…read full bio

DMC GLOBAL INC (BOOM)
Leaving: CEO – Kevin T Longe ( 9.8 yrs; 1.6% TSR)
Replaced by: David C Aldous (co interim CEOs)

Mr. Aldous, 66, was appointed by the Board as a director in July 2013 and served as non-executive Chairman of the Board from May 2018 until his appointment as interim co-President and CEO as described above. From March 2012 until September 2022, he served as the Chief Executive Officer and Director of Rive Technology Inc., a privately-held provider of solutions for diffusion-limited reactions to t…read full bio

ENOVIX CORP (ENVX)
Leaving: CEO – Harrold J Rust ( 1.5 yrs; -33.8% TSR)
Replaced by: Raj Talluri

Dr. Talluri served as Senior Vice President, General Manager, Mobile Business Unit at Micron Technology, a publicly traded global company focused on creating data memory and storage solutions. From February 2009 through March 2018, Dr. Talluri served in various senior executive roles at Qualcomm CDMA Technologies, a publicly traded multinational company focused on designing and manufa…read full bio

FLOTEK INDUSTRIES INC (FTK)
Leaving: CEO – John W Gibson Jr ( 3.0 yrs; -14.4% TSR)
Replaced by: Harshavardhan V Agadi

Mr. Agadi, age 57, is currently the Chairman and CEO of GHS Holdings, LLC, an investing and restaurant consulting business. Mr. Agadi serves on the board of Crawford & Company (NYSE: CRDA), the world’s largest publicly-listed independent claims management company operating in over 40 countries, where he was President and CEO from August 2015 to May 2020. Mr. Agadi also serves on the board o…read full bio

HORIZON BANCORP INC (HBNC)
Leaving: CEO – Craig M Dwight ( 21.9 yrs; 11.3% TSR)
Replaced by: Thomas M Prame

Mr. Prame, 52, Mr. Prame as the President of Horizon Bancorp and Horizon Bank in August of 2022, prior to joining the Company, Mr. Prame held a variety of executive officer positions of increasing responsibility at First Midwest Bancorp, since joining First Midwest Bancorp in 2012, and most recently served as the Executive Vice President and CEO of Community Banking. Prior to joining First…read full bio

NABRIVA THERAPEUTICS PLC (NBRV)
Leaving: CEO – Theodore R Schroeder ( 4.5 yrs; -75.2% TSR)
Replaced by: J Christopher Naftzger

J. Christopher Naftzger has served as our general counsel and secretary since September 1, 2021. Previously, Mr. Naftzger served as General Counsel and Corporate Secretary of Krystal Biotech, an emerging-stage, gene therapy company, from February 2020 to May 2021. Before joining Krystal, he was Vice President, Deputy General Counsel and Assistant Secretary of Nabriva Therapeutics from January 2017…read full bio

NETFLIX INC (NFLX)
Leaving: CEO – Reed Hastings ( 24.3 yrs; 31.1% TSR)
Replaced by: Gregory K Peters

As Chief Operating Officer and Chief Product Officer, Greg oversees global operations and leads the product team, which designs, builds and optimizes the Netflix experience including applications and user interfaces. Greg previously held positions at digital entertainment software provider, Mediabolic Inc., Red Hat Network, the provider of Linux and Open Source technology, and online vendor Win…read full bio

WESTWATER RESOURCES INC (WWR)
Leaving: CEO – Chad M Potter ( .9 yrs; -58.9% TSR)
Replaced by: Frank Bakker

Mr. Bakker, age 57, has served as Vice President and General Manager – Alabama Graphite Products since 2022. Prior to joining the Company, from 2017 to 2021, he was responsible for engineering, project management, and plant operations at several methanol plants in Houston, Texas and in Charleston, West Virginia, including serving as the Chief Executive Officer for US Methanol LLC, as the Project D…read full bio

CFO Moves

BLACK STONE MINERALS LP (BSM)
Leaving: CFO – Jeffrey P Wood ( 6.3 yrs; 7.2% TSR)
Replaced by: Evan Kiefer

Mr. Kiefer, 35, has over 14 years of finance and accounting experience. He has been employed at the Partnership since 2013 and has served as Vice President, Finance & Investor Relations of the General Partner since 2021. He previously served as Director, Finance & Investor Relations and Manager, Finance. Before joining Black Stone, Mr. Kiefer worked at KPMG US LLP as an Associate in the Economic V…read full bio

LATHAM GROUP INC (SWIM)
Leaving: CFO – Robert L. Masson II ( .7 yrs; -60.9% TSR)
Replaced by: J Mark Borseth

Mr. Borseth, age 64, served as Strategic Advisor of the Company from July 2022 until December 2022. Previously, he served as the Company’s Chief Financial Officer from February 2020 to July 2022. Prior to joining us, Mr. Borseth served in the roles of president and chief executive officer from October 2017 to August 2019, interim chief executive officer and chief financial officer from July 2017 t…read full bio

MARVELL TECHNOLOGY INC (MRVL)
Leaving: CFO – Jean X Hu ( 6.4 yrs; 23.0% TSR)
Replaced by: Willem A Meintjes

Mr. Meintjes, 42, has served as the Company’s Chief Accounting Officer and Treasurer since June 29, 2018. Prior to holding that position, starting in June of 2016, he served as the Company’s Senior Vice President of Finance. Prior to joining the Company, he was Vice President and Corporate Controller at Newport Corporation from 2015 to June 2016, and Vice President and Con…read full bio

NCINO INC (NCNO)
Leaving: CFO – David Rudow ( 1.0 yrs; -14.2% TSR)
Replaced by: Gregory Orenstein

Mr. Orenstein, age 53, has served as the Company’s Chief Corporate Development & Strategy Officer since September 2021. He previously served as the Company’s Chief Corporate Development & Legal Officer and Secretary from December 2019 to September 2021, and Executive Vice President Corporate Development, Chief Legal Officer and Secretary from October 2015 to November 2019. Prior to joining the Com…read full bio

Director Joins

BLUE WATER VACCINES INC (BWV)
Tim Ramdeen

Timothy R. Ramdeen has nearly a decade of experience in private equity and hedge fund investing, capital markets, and company formation. Since June 2022, Mr. Ramdeen has been founder and managing partner of Dharma Capital Advisors, an investment and advisory firm focused on early-stage private an…read full bio

DIRECT DIGITAL HOLDINGS INC (DRCT)
Mistelle Locke

Ms. Locke brings more than 20 years of experience in digital, performance and brand marketing. Locke joins the Direct Digital Holdings Board of Directors following a successful tenure as Chief Marketing Officer for industry leader Dentsu Media. Prior to that, Locke served in seve…read full bio

DISH NETWORK CORP (DISH)
Stephen J Bye

Mr. Bye has served as Executive Vice President and Chief Commercial Officer of DISH’s facilities-based wireless network business since November 2019. Mr. Bye’s responsibilities included wholesale and enterprise services, business development, product management, service integration and partner manag…read full bio

ENOVIX CORP (ENVX)
Raj Talluri

Dr. Talluri served as Senior Vice President, General Manager, Mobile Business Unit at Micron Technology, a publicly traded global company focused on creating data memory and storage solutions. From February 2009 through March 2018, Dr. Talluri served in various senior executive roles at…read full bio

FIDELITY NATIONAL INFORMATION SERVICES INC (FIS)
Lee Adrean

Lee Adrean Independent Director Director Since: 2019 Age: 68 Committees Chair: None Member: Audit, Risk and Technology Other Public Company Boards: None Mr. Adrean served as Corporate Vice President and Chief Financial Officer of Equifax, Inc., from October 2006 through May 2014. Prior to joining Eq…read full bio

FIESTA RESTAURANT GROUP INC (FRGI)
Nirmal K Tripathy

Mr. Tripathy currently serves as a Principal at Kaufman Rossin, a Miami- based firm providing accounting and other business advisory services, in its C-Suite and Board Advisory practice. Previously, Mr. Tripathy served as Chief Financial Officer of The Limited and as Corporate Chief Financial Off…read full bio

HERTZ GLOBAL HOLDINGS INC (HTZ)
Fran Bermanzohn

Fran Bermanzohn most recently served as deputy general counsel of Goldman Sachs, where she was responsible for the trading, investment banking and merchant banking businesses. She served as a member of the Firmwide Capital Committee and the Firmwide Investment Policy Committee and member of the P…read full bio

MEDPACE HOLDINGS INC (MEDP)
Femida H Gwadry-Sridhar

Dr. Gwadry-Sridhar is the Founder and Chief Executive Officer of Pulse Infoframe Inc, a privately held real-world evidence generation platform company providing solutions for disease registries, natural history studies and other observational and regulatory grade studies since 20…read full bio

M&T BANK CORP (MTB)
Carlton J. Charles

Mr. Charles serves as Corporate Treasurer for Hearst, a leading global, diversified information, services, and media company with operations in 40 countries. He oversees the company’s risk management activities as chairman of the Risk Working Group, which he helped establish at Hearst….read full bio

NEXGEL INC (NXGL)
Scott Robert Henry

Mr. Henry, CFA, is a Managing Director, Senior Research Analyst at ROTH Capital Partners with 20 years of sell-side coverage in the pharmaceutical, biotechnology and medical device sectors. He has previously held positions with firms including Oppenheimer, Thomas Weisel Partners, ABN AMRO and Lee…read full bio

SSR MINING INC (SSRM)
Karen A Swager

Ms. Swager will receive annual cash and equity retainers for her service as a director consistent with the director compensation program, which is described under the caption “Nominees for Election to the Board – Director Compensation” in the Company’s Management Information Circular for its Annual …read full bio

Director Exits

ADVANTAGE SOLUTIONS INC (ADV)
Jill L Griffin ( .8 yrs; -66.3% TSR)

BALLY’S CORP (BALY)
James Alan Ryan ( 1.3 yrs; -48.6% TSR)
Committees: Audit

BLUE WATER VACCINES INC (BWV)
Kimberly M Murphy ( .9 yrs; -97.7% TSR)

CARNIVAL CORP (CCL)
Richard Glasier ( 18.8 yrs; -6.2% TSR)
Committees: Audit, Compensation, Compliance, Nominating (and Governance)

COREBRIDGE FINANCIAL INC (CRBG)
Shane Fitzsimons ( .3 yrs; )

CUMBERLAND PHARMACEUTICALS INC (CPIX)
Joey A Jacobs ( 12.0 yrs; -8.3% TSR)
Committees: Nominating (and Governance)

DMC GLOBAL INC (BOOM)
Kevin T Longe ( 10.5 yrs; 1.8% TSR)
Committees: Health, Safety, Security and Environment, Risk

EMPIRE STATE REALTY TRUST INC (ESRT)
Leslie D Biddle ( 5.8 yrs; -15.1% TSR)
Committees: Audit, Compensation and Human Capital, Nominating (and Governance)

ENOVIX CORP (ENVX)
Harrold J Rust ( 1.5 yrs; -33.8% TSR)

EQUINIX INC (EQIX)
Thomas Olinger ( .3 yrs; )

FLOTEK INDUSTRIES INC (FTK)
John W Gibson Jr ( 3.0 yrs; -14.4% TSR)

HERTZ GLOBAL HOLDINGS INC (HTZ)
Michael Gregory Ohara ( 1.6 yrs; -30.3% TSR)
Committees: Nominating (and Governance)

JABIL INC (JBL)
Martha Brooks ( 12.0 yrs; 13.4% TSR)
Committees: Compensation, Nominating (and Governance)

THIRD HARMONIC BIO INC (THRD)
Shao-Lee Lin ( .3 yrs; )

WESTWATER RESOURCES INC (WWR)
Chad M Potter ( .9 yrs; -58.9% TSR)
Committees: Safety and SustainabilityCryan

AAR CORP (AIR)
David P Storch ( 34.0 yrs; 3.0% TSR)
Committees: Executive

ASTEC INDUSTRIES INC (ASTE)
Barry Ruffalo ( 3.4 yrs; 8.3% TSR)

BENCHMARK ELECTRONICS INC (BHE)
Douglas G Duncan ( 2.2% TSR)
Committees: Audit, Nominating (and Governance), Nominating, Sustainability and Governance

BLEND LABS INC (BLND)
Roger W Ferguson Jr ( 1.5 yrs; -81.7% TSR)

BLUEPRINT MEDICINES CORP (BPMC)
George Demetri ( 8.1 yrs; 11.9% TSR)
Committees: Nominating (and Governance), Research and Development

BROADSTONE NET LEASE INC (BNL)
Christopher J Czarnecki ( 5.8 yrs; 5.3% TSR)

CARGURUS INC (CARG)
Yvonne Hao ( 1.6 yrs; -32.0% TSR)
Committees: Audit

CINGULATE INC (CING)
Jeffrey X Conroy ( 4.7 yrs; -64.0% TSR)

COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
Brian Humphries ( 3.8 yrs; -4.1% TSR)

DEVON ENERGY CORP (DVN)
David A Hager ( 6.6 yrs; 13.2% TSR)
Committees: Dividend

DEVON ENERGY CORP (DVN)
David A Hager ( 6.6 yrs; -28.2% TSR)
Committees: Dividend

EMPIRE STATE REALTY TRUST INC (ESRT)
Leslie D Biddle ( 5.8 yrs; -15.3% TSR)
Committees: Audit, Compensation and Human Capital, Nominating (and Governance)

EXLSERVICE HOLDINGS INC (EXLS)
Clyde W Ostler ( 13.5% TSR)
Committees: Audit, Compensation

FLYWIRE CORP (FLYW)
Jo Natauri ( 1.7 yrs; -20.9% TSR)

HARMONY BIOSCIENCES HOLDINGS INC (HRMY)
John C Jacobs ( 4.6 yrs; 19.8% TSR)

KIMBALL ELECTRONICS INC (KE)
Donald D Charron ( 8.3 yrs; 10.7% TSR)

LATCH INC (LTCH)
Luke Schoenfelder ( 2.2 yrs; -70.0% TSR)

NOVAVAX INC (NVAX)
Stanley C Erck ( 13.6 yrs; -8.3% TSR)

RITE AID CORP (RAD)
Heyward R Donigan ( 3.4 yrs; )

SELECTA BIOSCIENCES INC (SELB)
Goran Ando ( 2.8 yrs; -24.3% TSR)
Committees: Compensation, Research and Development

SIGHT SCIENCES INC (SGHT)
Mack H Hicks ( 1.5 yrs; -50.3% TSR)

TREDEGAR CORP (TG)
John D Gottwald ( 33.5 yrs; .2% TSR)

UDEMY INC (UDMY)
Gregg Coccari ( 1.3 yrs; -51.8% TSR)

VENTYX BIOSCIENCES INC (VTYX)
Jigar Choksey ( 1.3 yrs; 49.8% TSR)

VENTYX BIOSCIENCES INC (VTYX)
Richard Gaster ( 1.3 yrs; 49.8% TSR)

VENTYX BIOSCIENCES INC (VTYX)
Aaron Royston ( 1.3 yrs; 49.8% TSR)

VIAVI SOLUTIONS INC (VIAV)
Timothy Campos ( 8.8 yrs; 3.2% TSR)
Committees: Compensation, Corporate Development

WALT DISNEY CO (DIS)
Susan E Arnold ( 15.8 yrs; 7.4% TSR)
Committees: Executive , Nominating (and Governance)

WORLD WRESTLING ENTERTAINMENT INC (WWE)
Man Jit Singh ( 4.1 yrs; 3.0% TSR)
Committees: Audit, Compensation & Human Capital, Nominating (and Governance)

WORLD WRESTLING ENTERTAINMENT INC (WWE)
Jeffrey R Speed ( 14.4 yrs; 15.8% TSR)
Committees: Audit, Compensation, Compensation & Human Capital, Nominating (and Governance)

WORLD WRESTLING ENTERTAINMENT INC (WWE)
Ignace Lahoud ( .7 yrs; 23.3% TSR)
Committees: Audit

WORLD WRESTLING ENTERTAINMENT INC (WWE)
Alan M Wexler ( 4.1 yrs; 3.0% TSR)
Committees: Audit, Compensation, Compensation & Human Capital

WORLD WRESTLING ENTERTAINMENT INC (WWE)
JoEllen Lyons Dillon ( .3 yrs; )

<a href="https://www.boardroomalpha.com/author/draps/" target="_self">David Drapkin</a>

David Drapkin

Spent his formative years at Goldman Sachs and now embraces the start-up life in NYC. A long suffering Oakland (Las Vegas) Raiders fan and graduate of the Wharton School at the University of Pennsylvania. Semi-professional go-kart racer waiting for his shot.

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