Weekly Executive & Director Moves (July 21)

by | Jul 21, 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

ADES, AMRN, CBRL, FREE, LTRY, PFTA, VFC, VRAY, VWE

CFO

AXTA, CDLX, CHWY, FIVE, HLIO, HLNE, MRCY, PFTA, VRAY

Directors

ADES, AMRN, AOMR, ATUS, AWIN, BGRY, BLK, CARG, CHRS, CSLR, DUOT, FMC, FWRG, HIG, IRM, ITI, KO, LECO, LSI, LUV, LW, LWLG, MDLZ, MPRA, MRVI, MX, NANX, NMTR, NSC, ONCR, OSUR, PFTA, PLMI, REPL, RF, RPID, SGH, SHW, SLCA, SMG, SNDR, STZ, SWBI, TESS, TGI, TMUS, TRTL, TRVN, TXG, UNM, VFC, VOXX, VRAY, YUMC

CEO Moves


AMARIN CORP PLC (AMRN)
Leaving: CEO – Aaron Berg ( .3 yrs; )
Replaced by: Patrick Holt

Patrick Holt most recently served as president of Cordis, Cardinal Health’s global interventional cardiovascular business and as member of Cardinal Health Inc’s global operating committee. In this role, Mr. Holt led a successful turnaround that included a return to revenue growth, a refocused R&D strategy, as well as sustained enhancements in operational effectiveness delivering margin expa…read full bio

CRACKER BARREL OLD COUNTRY STORE INC (CBRL)
Leaving: CEO – Sandra B Cochran ( 12.2 yrs; 11.3% TSR)
Replaced by: Julie Felss Masino

Ms. Masino, age 52, served as the President, International of Taco Bell, a subsidiary of Yum! Brands, Inc. (NYSE: YUM) from January 2020 to June 2023. From January 2018 to December 2019, Ms. Masino served as President, North America of Taco Bell. Ms. Masino served as the President, SVP and GM Fisher-Price at Mattel, Inc. (Nasdaq: MAT) from April…read full bio

LOTTERYCOM INC (LTRY)
Leaving: CEO – Mark John Gustavson ( .4 yrs; -17.5% TSR)
Replaced by: Matthew Howard McGahan

Matthew McGahan , 53, has been a member of and Chairman of the Board since October 2022. Mr. McGahan is the founder of the U.K. charity, “Mask Our Heroes” (“MOH”), created in memory of his father Alan, who was a victim of the COVID-19 pandemic. MOH was one of the first charities to recognize the urgent need for vital personal protection equipment and in the first months of the pandemic, MOH secure…read full bio

PORTAGE FINTECH ACQUISITION CORP (PFTA)
Leaving: CEO – Adam Felesky ( 2.3 yrs; 2.1% TSR)
Replaced by: Rick Gaenzle

Rick Gaenzle, age 58, will serve as our Chief Executive Officer and director. Mr. Gaenzle has over 30 years of private equity investment and corporate finance experience; he is a co-founder and currently serves as a Managing Director of Gilbert Global Equity Capital, L.L.C., the principal investment advisor to Gilbert Global Equity Partners, L.P. and related entities, a $1.2 billion leveraged buyo…read full bio

VIEWRAY INC (VRAY)
Leaving: CEO – Scott William Drake ( 5.0 yrs; -45.9% TSR)
Replaced by: Paul Ziegler Jr

Mr. Ziegler, age 51, has been at the Company since 2019, most recently acting as Chief Commercial Officer. He has more than 19 years of experience in the medical device space. Prior to joining the Company, Mr. Ziegler served as Vice President of Sales for TransEnterix. His experience also includes more than nine years at Intuitive Surgical and roles at CardioVations and LabCorp….read full bio

WHOLE EARTH BRANDS INC (FREE)
Leaving: CEO – Michael E Franklin ( .5 yrs; -6.2% TSR)
Replaced by: Rajnish Ohri

Rajnish Ohri is a seasoned entrepreneur and accomplished business operator with more than 30 years of experience in the consumer packaged goods industry across various geographies and cultures. As Vice President & Managing Director of IMEA at Whole Earth Brands from 2020 to April 2023, he has demonstrated his passion for driving growth in underdeveloped markets and achieving positive result…read full bio

 

CFO Moves

CARDLYTICS INC (CDLX)
Leaving: CFO – Andrew Christiansen ( 3.3 yrs; -52.3% TSR)
Replaced by: Alexis DeSieno

Ms. DeSieno, age 39, was most recently Senior Vice President at Clear Secure, Inc., where she worked from April 2020 to July 2023. At Clear Secure, Inc., she was responsible for finance, business intelligence, investor relations, procurement, budgeting and planning and helped lead the IPO. Prior to this role, Ms. DeSieno served as Vice President and Senior Director for SoulCycle Inc.’s St…read full bio

HAMILTON LANE INC (HLNE)
Leaving: CFO – Atul Varma ( 3.6 yrs; 11.3% TSR)
Replaced by: Jeffrey Armbrister

Mr. Armbrister, 50, joined the Company in November 2018 as a Managing Director and has served as Global Head of Direct Equity Investments since September 2019 where he has been responsible for direction and oversight of the firm’s direct equity / co-investment platform, a role that includes service on the boards of companies in which the Company has invested on behalf of clients. Prior to joining …read full bio

HELIOS TECHNOLOGIES INC (HLIO)
Leaving: CFO – Tricia L Fulton ( 17.4 yrs; 13.2% TSR)
Replaced by: Sean P. Bagan

Mr. Bagan, age 47, joins Helios after serving Polaris Inc., a global leader in powersports and off-road innovation (“Polaris”), in various roles for 23 years. Most recently, Mr. Bagan served as Vice President, Finance – Business Unit CFO for International & Shared Services for Polaris from January 2020 to the present and as Vice President, Finance and Chief Financial Offic…read full bio

MERCURY SYSTEMS INC (MRCY)
Leaving: CFO – Michelle M McCarthy ( .4 yrs; -26.3% TSR)
Replaced by: David E. Farnsworth

Mr. Farnsworth, age 62, most recently served as the Chief Financial Officer of HawkEye 360, a radio frequency data analytics company from 2020 to 2023. Before joining HawkEye 360, Mr. Farnsworth was Vice President and Chief Financial Officer for Integrated Defense Systems of Raytheon Company from 2018 to 2020, where he had oversight of the financial activities for the $6 billion business unit. …read full bio

PORTAGE FINTECH ACQUISITION CORP (PFTA)
Leaving: CFO – Ajay Chowdhery ( 2.3 yrs; 2.1% TSR)
Replaced by: Corey Campbell

Corey Campbell, age 41, will serve as our Chief Financial Officer. Mr. Campbell currently serves as the Chief Financial Officer of NPG and Perception Capital Corp II. Prior to joining NPG, Mr. Campbell held a number of positions within the finance and accounting organizations at Valspar Corporation, where he worked for seven years. At Valspar, he held a range of positions, including managing an In…read full bio

VIEWRAY INC (VRAY)
Leaving: CFO – Jacob Edward Signoriello ( .2 yrs; )
Replaced by: Cassie Mahar

Ms. Mahar, age 37, has been at the Company since 2019. Ms. Mahar has over 6 years of medical device experience. Prior to joining the Company, Ms. Mahar held accounting and auditor roles at Cologix, Spectranetics, and Grant Thornton….read full bio

 

Director Joins

ALTICE USA INC (ATUS)
Dennis Mathew

Dennis Mathew , 45 , is Chief Executive Officer of Altice USA. Prior to his appointment in October 2022, Mr. Mathew served in various roles with Comcast Corporation, a multinational telecommunications conglomerate, including as Senior Vice President, Western New England Region, Vice President and Ge…read full bio

AMARIN CORP PLC (AMRN)
Patrick Holt

Patrick Holt most recently served as president of Cordis, Cardinal Health’s global interventional cardiovascular business and as member of Cardinal Health Inc’s global operating committee. In this role, Mr. Holt led a successful turnaround that included a return to revenue growth, a refocused R&a…read full bio

BLACKROCK INC (BLK)
Amin H Nasser

Amin Hassan Ali Nasser has served as president and CEO of the Saudi Arabian Oil Company, known as Aramco, since 2015, and has held a board seat since 2010. In 2019, he successfully led Aramco’s initial public offering (IPO), which was the largest IPO in history. He joined the company in 198…read full bio

COCA COLA CO (KO)
Thomas Sinnickson Gayner

Gayner has served as CEO of Markel Group since the start of the year and was co-CEO from 2016 through 2022. Markel is a holding company with operations in insurance, services and industrial operations.
Gayner joined Markel in 199…read full bio

COHERUS BIOSCIENCES INC (CHRS)

Michael Lee Ryan

Dr. Ryan has four decades of experience working in academia and the biopharmaceutical industry bringing high-value therapeutics to patients, and served as Senior Vice President, U.S. and Worldwide Value, Access, Pricing and Health Economics and Outcomes Research at Bristol-Myers Squibb Company (&…read full bio

COMPLETE SOLARIA INC (CSLR)
Ronald J Pasek

Ronald Pasek has served as a member of the board of directors of Complete Solaria since February 2023. Since 2015, Mr. Pasek has served as the chairman of the board of directors of Spectra7 Microsystems Inc., a Canadian publicly-traded consumer connectivity company. From 2016 to 2020, Mr. Pa…read full bio

COMPLETE SOLARIA INC (CSLR)
Devin Whatley

Devin Whatley has served as a member of the Complete Solaria board since November 2022. Since 2010, Mr. Whatley has served as the Managing Partner at the Ecosystem Integrity Fund. Mr. Whatley serves as a member of the board of directors of several private companies focused on renewable …read full bio

COMPLETE SOLARIA INC (CSLR)
William James Anderson

William J. Anderson has served as the Chief Executive Officer of Complete Solaria since the merger of Complete Solar and Solaria in November 2022. From 2010 to 2022, he served as the Chief Executive Officer of Complete Solar.    From 2007 to 2009, Mr. Anderson served…read full bio

COMPLETE SOLARIA INC (CSLR)
Antonio R Alvarez

Antonio R. Alvarez has served as a member of the board of directors of Complete Solaria since November 2022. Mr. Alvarez served as the President of Complete Solaria since the merger of Complete Solar and Solaria in November 2022 until March 2023. From 2020 to 2022, Mr. Alvarez served as Solaria&r…read full bio

DUOS TECHNOLOGIES GROUP INC (DUOT)
Frank A Lonegro

Since 2020, Mr. Lonegro has been an Executive Vice President and the Chief Financial Officer of Beacon Roofing Supply, Inc., the largest publicly traded distributor of roofing materials and complementary building products in North America. Prior to Beacon, he had a nearly 20-year career with…read full bio

IRON MOUNTAIN INC (IRM)
Theodore R Samuels II

Mr. Samuels brings more than 35 years of expertise in the financial industry to the Iron Mountain Board, with a background in capital markets and investments. Mr. Samuels was an investor at Capital Group, one of the largest investment management firms in the world, from 1981-2017. Over that period, …read full bio

ITERIS INC (ITI)
Kimberly Valentine- Poska

Ms. Valentine-Poska has 30 years of experience in investment banking and financial services. Currently, she serves as Managing Director for Global Capital Markets, Inc., a global middle-market investment bank. She joined the firm in 2017 when she was hired to establish and run the compa…read full bio

LAMB WESTON HOLDINGS INC (LW)
Rita Fisher

Ms. Fisher, age 53, has served as the Chief Information Officer and Executive Vice President, Supply Chain of Reynolds Consumer Products Inc., a consumer products company (“Reynolds”), since August 2017. Prior to joining Reynolds, Ms. Fisher served as Vice President and…read full bio

MARAVAI LIFESCIENCES HOLDINGS INC (MRVI)
John A Deford

Dr. DeFord is the Chairman, Chief Executive Officer and President of privately-held, South Carolina-based Samothrace Medical Innovations, Inc., which he co-founded in March 2022. Until his retirement in May 2021, Dr. DeFord was the Executive Vice President and Chief Technology Officer of Becton, …read full bio

MERCATO PARTNERS ACQUISITION CORP (MPRA)
John Brent Henriksen

Mr. Henriksen, 65, has served as the outsourced CFO of numerous businesses, including multiple in the medical products and services industries, and has served as the Acting CFO for several high growth companies in the wholesale, retail, technology and medical space. From January 2005 to Dece…read full bio

NANOPHASE TECHNOLOGIES CORP (NANX)
Mark E Miller

Miller, a veteran of many of the industries and markets served by Nanophase, and its wholly owned subsidiary Solésence LLC, brings 36 years of leadership and commercial experience in specialty materials and chemicals in the Personal Care, Pharma, CASE, and Metals markets. Miller was most r…read full bio

PORTAGE FINTECH ACQUISITION CORP (PFTA)
Rick Gaenzle

Rick Gaenzle, age 58, will serve as our Chief Executive Officer and director. Mr. Gaenzle has over 30 years of private equity investment and corporate finance experience; he is a co-founder and currently serves as a Managing Director of Gilbert Global Equity Capital, L.L.C., the principal investment…read full bio

RAPID MICRO BIOSYSTEMS INC (RPID)
Kirk Malloy

Dr. Malloy has more than 25 years of senior management experience in life sciences and in vitro diagnostics with Illumina, Inc., Biosite, Inc. and Qiagen, Inc., and most recently served as Chief Executive Officer of Verogen, Inc., until its acquisition in 2023. Throughout his career, Dr. Ma…read full bio

SHERWIN WILLIAMS CO (SHW)
Thomas L Williams

Mr. Williams, 64, currently serves as Executive Chairman of Parker-Hannifin Corporation. Parker-Hannifin is a leading worldwide diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aeros…read full bio

SOUTHWEST AIRLINES CO (LUV)
Roy Blunt

Mr. Blunt is the Chairman of the Leadership Strategies Advisory Services Group in the Washington, D.C. office of Husch Blackwell Strategies and is a former United States Senator….read full bio

T-MOBILE US INC (TMUS)
James J Kavanaugh

Kavanaugh’s career in technology and telecommunications industries spans almost four decades. He has served as chief financial officer of International Business Machines Corporation (IBM) since January 2018, overseeing accounting and controllership, financial planning and analysis, tax, int…read full bio

VIEWRAY INC (VRAY)
Paul Ziegler Jr

Mr. Ziegler, age 51, has been at the Company since 2019, most recently acting as Chief Commercial Officer. He has more than 19 years of experience in the medical device space. Prior to joining the Company, Mr. Ziegler served as Vice President of Sales for TransEnterix. His experience also includes m…read full bio

VOXX INTERNATIONAL CORP (VOXX)
Steven R Downing

Steve Downing, 45, currently serves as Chief Executive Officer of Gentex Corporation and is a Director on the Gentex Board of Directors. He has been employed by Gentex since 2002. Prior to being elected Chief Executive Officer of Gentex, he served as President and Chief Operating Officer from August…read full bio

 

Director Exits

10X GENOMICS INC (TXG)
Bryan E Roberts ( 9.7 yrs; .6% TSR)
Committees: Audit, Compensation

AERWINS TECHNOLOGIES INC (AWIN)
Daisuke Katano ( .3 yrs; )


ALTICE USA INC (ATUS)
Alexandre Fonseca ( .3 yrs; )


ANGEL OAK MORTGAGE REIT INC (AOMR)
Christine Jurinich ( 2.1 yrs; -26.0% TSR)


BERKSHIRE GREY INC (BGRY)
Serena Wolfe ( 2.0 yrs; -61.0% TSR)


BERKSHIRE GREY INC (BGRY)
Peter J Barris ( 2.0 yrs; -61.0% TSR)


BERKSHIRE GREY INC (BGRY)
Sven Strohband ( 2.0 yrs; -61.0% TSR)


BERKSHIRE GREY INC (BGRY)
Fiona P Dias ( 2.0 yrs; -61.0% TSR)


BERKSHIRE GREY INC (BGRY)
Thomas Anderson Wagner ( 2.0 yrs; -61.0% TSR)


CONSTELLATION BRANDS INC (STZ)
Robert Sands ( 33.5 yrs; 15.5% TSR)


CONSTELLATION BRANDS INC (STZ)
Jeremy S G Fowden ( 13.5 yrs; 23.4% TSR)
Committees: Corporate Governance and Responsibility, Human Resources, Nominating (and Governance)

HARTFORD FINANCIAL SERVICES GROUP INC (HIG)
Kathryn A Mikells ( 12.8 yrs; 11.7% TSR)
Committees: Audit, FINANCE, INVESTMENT AND RISK MANAGEMENT COMMITTEE

LIFE STORAGE INC (LSI)
Mark G Barberio ( 8.5 yrs; 14.6% TSR)
Committees: Compensation, Compensation and Human Capital, Nominating (and Governance), Nominating, Governance and Corporate Responsibility

LIFE STORAGE INC (LSI)
Dana Hamilton ( 5.5 yrs; 19.9% TSR)
Committees: Audit, Audit and Risk Management, Compensation, Compensation and Human Capital

LIFE STORAGE INC (LSI)
David L Rogers ( 5.3 yrs; 23.0% TSR)


LIFE STORAGE INC (LSI)
Edward J Pettinella ( 5.5 yrs; 19.9% TSR)
Committees: Audit, Audit and Risk Management, Nominating (and Governance), Nominating, Governance and Corporate Responsibility

LIFE STORAGE INC (LSI)
Sue Harnett ( 2.4 yrs; 26.7% TSR)
Committees: Audit and Risk Management, Compensation and Human Capital

LIFE STORAGE INC (LSI)
Stephen R Rusmisel ( 11.5 yrs; 19.0% TSR)
Committees: Audit, Audit and Risk Management, Compensation, Compensation and Human Capital, Nominating, Governance and Corporate Responsibility

LIFE STORAGE INC (LSI)
Arthur L Havener Jr ( 8.5 yrs; 14.6% TSR)
Committees: Audit, Audit and Risk Management, Nominating (and Governance), Nominating, Governance and Corporate Responsibility

LIFE STORAGE INC (LSI)
Joseph Saffire ( 4.3 yrs; 21.6% TSR)


MAGNACHIP SEMICONDUCTOR CORP (MX)
Gary W Tanner ( 7.9 yrs; 3.2% TSR)
Committees: Audit, Compensation, Risk

MARAVAI LIFESCIENCES HOLDINGS INC (MRVI)
Robert B Hance ( 2.7 yrs; -26.1% TSR)


ONCORUS INC (ONCR)
Douglas Fambrough ( 1.1 yrs; -84.0% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Adam Felesky ( 2.3 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Ajay Chowdhery ( 2.3 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
George Thompson Hutton ( 2.1 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Jason Michael Pate ( 2.1 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Paul Desmarais III ( 2.3 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Seraina Macia ( 2.1 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Steven J Freiberg ( 2.1 yrs; 2.1% TSR)


PORTAGE FINTECH ACQUISITION CORP (PFTA)
Stuart Charles Harvey,Jr ( 2.1 yrs; 2.1% TSR)


REPLIMUNE GROUP INC (REPL)
Hugo Alexander Slootweg ( 8.7 yrs; 8.0% TSR)
Committees: Nominating (and Governance)

SCOTTS MIRACLE-GRO CO (SMG)
Gerald Volas ( 2.0 yrs; -39.9% TSR)
Committees: Audit, Finance

TESSCO TECHNOLOGIES INC (TESS)
Kathleen McLean ( 2.6 yrs; 17.0% TSR)
Committees: Compensation, Nominating (and Governance)

TESSCO TECHNOLOGIES INC (TESS)
Vernon Irvin ( 2.0 yrs; 11.9% TSR)
Committees: Compensation, Nominating (and Governance)

TESSCO TECHNOLOGIES INC (TESS)
J Timothy Bryan ( 2.6 yrs; 17.0% TSR)
Committees: Audit

TESSCO TECHNOLOGIES INC (TESS)
Stephanie Dismore ( 3.0 yrs; 18.5% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

TESSCO TECHNOLOGIES INC (TESS)
Matthew W Brewer ( 1.2 yrs; 36.6% TSR)


TESSCO TECHNOLOGIES INC (TESS)
Steven T Campbell ( 2.0 yrs; 11.9% TSR)
Committees: Audit, Compensation

TORTOISEECOFIN ACQUISITION CORP III (TRTL)
Mary Beth Mandanas ( 2.0 yrs; 2.3% TSR)


TORTOISEECOFIN ACQUISITION CORP III (TRTL)
Juan J Daboub ( 2.0 yrs; 2.3% TSR)


TORTOISEECOFIN ACQUISITION CORP III (TRTL)
Greg A Walker ( .8 yrs; 6.1% TSR)


TRIUMPH GROUP INC (TGI)
Larry O Spencer ( 5.5 yrs; -13.4% TSR)
Committees: Audit, Compensation, Executive, Finance, Nominating (and Governance)

TRIUMPH GROUP INC (TGI)
William L Mansfield ( 11.5 yrs; -12.4% TSR)
Committees: Audit, Compensation, Executive, Finance

VIEWRAY INC (VRAY)
Phillip M Spencer ( 2.4 yrs; -66.9% TSR)
Committees: Compensation

VIEWRAY INC (VRAY)
Gail R Wilensky ( 4.0 yrs; -55.2% TSR)
Committees: Nominating (and Governance)

VOXX INTERNATIONAL CORP (VOXX)
Peter A Lesser ( 20.5 yrs; .3% TSR)
Committees: Affiliate Transaction, Audit, Compensation, Nominating (and Governance)

Recent Analysis

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