Weekly Executive & Director Moves (Oct 13)

by | Oct 13, 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

AKLI, BWV, DG, ETWO, MG, OLPX, SHW, U, UPH, WLY, ZVRA

CFO

LUNG, NGS, ONDS, OPAL, PAYX, PRST, SOLO, TBI, UPH

Directors

AIR, AKLI, AQB, AXSM, BWV, CCS, CMI, CSCO, CUE, DG, EOSE, ETWO, FFIE, FLXS, GDOT, GXO, HDSN, MG, MMAT, MRDB, NATI, OLPX, PALT, PCRX, PG, RENB, RUSHA, SHW, SLDP, STRT, U, UPH, WBA, WGO, WLY

CEO Moves

AKILI INC (AKLI)
Leaving: CEO – Walter Edward Martucci II ( 1.2 yrs; -89.6% TSR)
Replaced by: Matthew Franklin

Mr. Franklin will serve as a Class III director on the Board, and his initial term as a director will expire at the Company’s 2025 annual meeting of stockholders. As an executive officer of the Company, Mr. Franklin is not independent under the Nasdaq Marketplace Rules and the Company’s criteria for determining director independence. Mr. Franklin, 50, served as our President and Chief Operating Of…read full bio


BLUE WATER BIOTECH INC (BWV)
Leaving: CEO – Jon Garfield ( .2 yrs; )
Replaced by: Neil Campbell

Dr. Campbell has more than 35 years of experience with public and private companies focused on biopharmaceuticals, health technologies, nanotechnologies, artificial intelligence and super-computing. He has held leadership positions with IGEN International, now Roche; Celera Genomics; and Abbott Laboratories. In addition, he has worked as a venture capital partner and private equity advisor. He ser…read full bio

DOLLAR GENERAL CORP (DG)
Leaving: CEO – Jeffery Owen ( .9 yrs; -55.0% TSR)
Replaced by: Todd J Vasos

TODD J. VASOS Age: 61 Director Since: 2015 Biography: Mr. Vasos served as our Chief Executive Officer from June 2015 to November 2022 when he transitioned to Senior Advisor prior to retiring on April 2, 2023. He has served as a member of our Board since June 2015. He joined Dollar General in December 2008 as Executive Vice President, Division President and Chief Merchandising Officer and was p…read full bio

JOHN WILEY & SONS INC (WLY)
Leaving: CEO – Brian A Napack ( 5.8 yrs; -4.7% TSR)
Replaced by: Matthew S Kissner

Mr. Kissner’s decision to resign from the Board was not due to any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. On February 6, 2019, the Company announced that Mr. Kissner, 64, will take on the role of Group Executive at the Company, reporting into the CEO. Mr. Kissner is a former Executive Vice President and Group President of Pitney Bo…read full bio

MISTRAS GROUP INC (MG)
Leaving: CEO – Dennis Bertolotti ( 6.2 yrs; -20.0% TSR)
Replaced by: Manuel N Stamatakis

Mr. Stamatakis is an executive officer of Capital Management Enterprises, Inc. (“CME”), a financial services and employee benefits consulting company headquartered in Pennsylvania, which he sold in 2020. Over the years, Mr. Stamatakis has served on the boards of numerous not-for-profit, charitable and for-profit organizations, and currently serves, among others, as Chairman of the Board of Visit P…read full bio

SHERWIN WILLIAMS CO (SHW)
Leaving: CEO – John G Morikis ( 7.9 yrs; 15.6% TSR)
Replaced by: Heidi G Petz

Heidi G. Petz. Ms. Petz has served as President and COO since March 2022. Prior to her current role, Ms. Petz served as President, The Americas Group (TAG) from March 2021 to March 2022. She began her career with Sherwin-Williams in June 2017 in connection with the Valspar acquisition….read full bio

UNITY SOFTWARE INC (U)
Leaving: CEO – John Riccitiello ( 9.0 yrs; -27.3% TSR)
Replaced by: James M Whitehurst

James M. Whitehurst previously served as Senior Advisor at IBM from July 2021 to May 2022 and President of IBM from April 2020 until July 2021. He joined IBM through the acquisition of Red Hat, a leading provider of open source enterprise IT products and services, where he served as Chief Executive Officer from January 2008 until April 2020. Prior to Red Hat, Mr. Whitehurst served in sev…read full bio

UPHEALTH INC (UPH)
Leaving: CEO – Samuel Meckey ( 1.3 yrs; -72.9% TSR)
Replaced by: Martin S A Beck

Mr. Beck, age 57, has served as our Chief Financial Officer since the closing of the business combinations that formed the Company in June 2021. Mr. Beck has served as a Managing Director at Sikich Corporate Finance, LLC since October 2018 and as the Founder and President of Rewi Enterprises, LLC, a private investment firm, since 2003. Mr. Beck served as a co-founder and Managing Director of MAT C…read full bio

ZEVRA THERAPEUTICS INC (ZVRA)
Leaving: CEO – Christal M M Mickle ( .3 yrs; )
Replaced by: Neil F McFarlane

Neil F. McFarlane, age 51, has served as a director of Collegium Pharmaceutical since April 2022. Mr. McFarlane previously served as the Chief Executive Officer and a member of the board of directors of Adamas Pharmaceuticals, Inc. between September 2019 and November 2021, when Adamas was acquired by Supernus Pharmaceuticals, Inc. Mr. McFarlane worked as an independent consultant between…read full bio

CFO Moves

ONDAS HOLDINGS INC (ONDS)
Leaving: CFO – Yishay Curelaru ( .1 yrs; )
Replaced by: Eric A Brock

Eric A. Brock — Chairman of the Board, President and Chief Executive Officer Mr. Brock was appointed as one of our directors and as our President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer on June 28, 2018. On September 28, 2018, following the completion of the reverse acquisition transaction to acquire Ondas Networks Inc., he was appointed Chairman of the Board an…read full bio

PAYCHEX INC (PAYX)
Leaving: CFO – Efrain Rivera ( 12.4 yrs; 14.5% TSR)
Replaced by: Robert L Schrader

Robert L. Schrader 51 Mr. Schrader was named Vice President, Finance and Investor Relations in January 2023. He joined the Company in December 2014 and previously held roles as Vice President and Controller, Senior Director of Financial Planning and Analysis and Director of Internal Audit. Prior to joining Paychex, he served as a Chief Financial Officer for Unither Manufacturing, LLC, and held var…read full bio

PRESTO AUTOMATION INC (PRST)
Leaving: CFO – Stanley Mbugua ( .2 yrs; )
Replaced by: Nathan Cook

Mr. Cook, age 51, is a Senior Managing Director at Teneo Capital LLC (“Teneo”), a global advisory firm, a position he has held since January 2023, where he provides accounting and financial consulting services. Prior to that, from February 2018 to December 2022, Mr. Cook was a Senior Managing Director at EY-Parthenon, the global strategy consulting arm of Ernst & Young, where he led the U.S. West …read full bio

TRUEBLUE INC (TBI)
Leaving: CFO – Derrek Lane Gafford ( 17.8 yrs; -2.6% TSR)
Replaced by: Carl Schweihs

Carl R. Schweihs , 38, has served as Executive Vice President of the Company and President of PeopleManagement, TrueBlue’s staffing business that is made up of Staff Management | SMX, SIMOS Insourcing Solutions, and Centerline Drivers, since June 2019, after serving as Senior Vice President of the Company for Strategic Accounts since June 2017. Prior to that, he served as Vice President of Finance…read full bio

 

Director Joins

Mr. Nolen, 66, brings more than 30 years of aviation experience across safety, operations, and regulatory affairs. He recently served as acting FAA Administrator and is currently the Chief Safety Officer at Archer Aviation Inc., a leading air mobility company known for developing electric vertical t…read full bio

AKILI INC (AKLI)
Matthew Franklin
Mr. Franklin will serve as a Class III director on the Board, and his initial term as a director will expire at the Company’s 2025 annual meeting of stockholders. As an executive officer of the Company, Mr. Franklin is not independent under the Nasdaq Marketplace Rules and the Company’s criteria for…read full bio

BLUE WATER BIOTECH INC (BWV)
Neil Campbell
Dr. Campbell has more than 35 years of experience with public and private companies focused on biopharmaceuticals, health technologies, nanotechnologies, artificial intelligence and super-computing. He has held leadership positions with IGEN International, now Roche; Celera Genomics; and Abbott Labo…read full bio

HUDSON TECHNOLOGIES INC (HDSN)
Kathleen Houghton
Kathleen L. Houghton , age 50, has been Vice President — Sales and Marketing of the Company since May 2019 and joined Hudson in November 2014 as Director of Marketing. She has over 25 years of marketing experience within industrial manufacturing companies. Her previous roles include 16 years with K…read full bio

PROCTER & GAMBLE CO (PG)
M Brett Biggs
Mr. Biggs served as Chief Financial Officer of Walmart International from 2014 to 2016 and of Walmart U.S. from 2012 to 2014. He also served as Senior Vice President of Operations for Sam’s Club from 2010 to 2012.   During his more than 20-year career with Walmart, Mr. Bigg…read full bio

RUSH ENTERPRISES INC (RUSHA)
Michael McRoberts
Mr. McRoberts was appointed to the position of Chief Operating Officer of the Company in July 2016. Prior to his promotion, he served as Senior Vice President – Dealer Operations from March 2013 to July 2016. Mr. McRoberts joined the Company in 2011 and served as Regional Manager for Rush Truck Cent…read full bio

SHERWIN WILLIAMS CO (SHW)
Heidi G Petz
Heidi G. Petz. Ms. Petz has served as President and COO since March 2022. Prior to her current role, Ms. Petz served as President, The Americas Group (TAG) from March 2021 to March 2022. She began her career with Sherwin-Williams in June 2017 in connection with the Valspar acquisition….read full bio

UNITY SOFTWARE INC (U)
James M Whitehurst
James M. Whitehurst previously served as Senior Advisor at IBM from July 2021 to May 2022 and President of IBM from April 2020 until July 2021. He joined IBM through the acquisition of Red Hat, a leading provider of open source enterprise IT products and services, where he served as Chief Execu…read full bio

UPHEALTH INC (UPH)
Martin S A Beck
Mr. Beck, age 57, has served as our Chief Financial Officer since the closing of the business combinations that formed the Company in June 2021. Mr. Beck has served as a Managing Director at Sikich Corporate Finance, LLC since October 2018 and as the Founder and President of Rewi Enterprises, LLC, a…read full bio

WINNEBAGO INDUSTRIES INC (WGO)
Staci L Kroon
Prior to joining BraunAbility, Kroon held senior roles at Eaton, including executive vice president of Eaton Business System and president of Automotive North America. She has also served as a board member and chairman for Nittan Global Tech. Kroon earned a bachelor’s degree in economics with…read full bio

 

Director Leaves

AQUABOUNTY TECHNOLOGIES INC (AQB)
Richard J Clothier ( 17.5 yrs; -47.0% TSR)
Committees: Compensation, Nominating (and Governance)

BLUE WATER BIOTECH INC (BWV)
Jon Garfield ( 1.7 yrs; -93.5% TSR)


CUE BIOPHARMA INC (CUE)
Aaron Gl Fletcher ( 4.0 yrs; -27.7% TSR)
Committees: Compensation

DOLLAR GENERAL CORP (DG)
Jeffery Owen ( .9 yrs; -55.0% TSR)


E2OPEN PARENT HOLDINGS INC (ETWO)
Michael Farlekas ( 2.7 yrs; -28.1% TSR)


FARADAY FUTURE INTELLIGENT ELECTRIC INC (FFIE)
Ke Sun ( .8 yrs; -93.5% TSR)
Committees: Compensation, Nominating (and Governance)

FLEXSTEEL INDUSTRIES INC (FLXS)
Mary C Bottie ( 20.9 yrs; 4.0% TSR)
Committees: Compensation, Nominating (and Governance)

GREEN DOT CORP (GDOT)
Peter A Feld ( 1.6 yrs; -39.1% TSR)
Committees: Compensation, Risk

HUDSON TECHNOLOGIES INC (HDSN)
Stephen P Mandracchia ( 3.1 yrs; 111.8% TSR)
Committees: Environmental, Health and Safety, Occupational, Safety and Environmental Protection

JOHN WILEY & SONS INC (WLY)
Brian A Napack ( 5.8 yrs; -4.7% TSR)


MARIADB PLC (MRDB)
Theodore T Wang ( .8 yrs; -94.8% TSR)


MARIADB PLC (MRDB)
Alexander B Suh ( .8 yrs; -94.8% TSR)


MARIADB PLC (MRDB)
Christine Russell ( .8 yrs; -94.8% TSR)


MARIADB PLC (MRDB)
Harold R Berenson ( .8 yrs; -94.8% TSR)


MISTRAS GROUP INC (MG)
Dennis Bertolotti ( 6.2 yrs; -20.0% TSR)


NATIONAL INSTRUMENTS CORP (NATI)
James E Cashman III ( 4.6 yrs; 8.8% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

NATIONAL INSTRUMENTS CORP (NATI)
Gerhard Paul Fettweis ( 7.6 yrs; 13.1% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

NATIONAL INSTRUMENTS CORP (NATI)
Liam Griffin ( 4.6 yrs; 8.8% TSR)
Committees: Compensation, Nominating (and Governance)

NATIONAL INSTRUMENTS CORP (NATI)
Gayla J Delly ( 3.6 yrs; 11.5% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

NATIONAL INSTRUMENTS CORP (NATI)
Michael E McGrath ( 6.8 yrs; 13.1% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

NATIONAL INSTRUMENTS CORP (NATI)
Eric Howard Starkloff ( 3.7 yrs; 11.3% TSR)


NATIONAL INSTRUMENTS CORP (NATI)
Alexander M Davern ( 6.8 yrs; 13.1% TSR)


NATIONAL INSTRUMENTS CORP (NATI)
Duy Loan T Le ( 21.1 yrs; 9.6% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

OLAPLEX HOLDINGS INC (OLPX)
Jue Wong ( 2.0 yrs; -70.0% TSR)


SOLID POWER INC (SLDP)
David B Jansen ( 1.8 yrs; -62.1% TSR)


STRATTEC SECURITY CORP (STRT)
Michael J Koss ( 28.8 yrs; .5% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

UNITY SOFTWARE INC (U)
John Riccitiello ( 9.9 yrs; -27.3% TSR)


UPHEALTH INC (UPH)
Samuel Meckey ( 1.3 yrs; -72.9% TSR)

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