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
ADP, GBLI, GL, HYPR, IE
CFO
BKH, CASH, GL, HGEN, KDP, SKIL, SMPL, VSTO, YETI
Directors
ADP, AIR, AKLI, AMAT, ANDE, APPH, ARCC, ATAX, B, BNIX, CBAN, CFR, CORZ, CUBE, ELV, FCNCA, FEAM, FHTX, FSTR, GBCI, GBLI, GTES, HEAR, HON, IVVD, JRVR, LMNR, MCFT, MO, MRK, NFLX, OTIS, SASR, SCHW, SOND, SYNA, TRUE, UVSP, XOS
CEO Moves
AUTOMATIC DATA PROCESSING INC (ADP)
Leaving: CEO – Carlos A Rodriguez ( 11.2 yrs; 17.6% TSR)
Replaced by: Maria Black
Ms. Black, age 48, has been the President of ADP since January 2022. Prior to that, she was President, Worldwide Sales and Marketing of ADP since February 2020 and served as President, Small Business Solutions and Human Resources Outsourcing from January 2017 to February 2020, as President, ADP TotalSource from July 2014 to December 2016, as General Manager, ADP United Kingdom from April 2013 to J…read full bio
GLOBAL INDEMNITY GROUP LLC (GBLI)
Leaving: CEO – David S Charlton ( 1.5 yrs; -14.8% TSR)
Replaced by: Joseph W Brown
Joseph W. Brown , 73, has served as a director since December 2015. Until December 2017, Mr. Brown served on the board of directors of MBIA, Inc. (NYSE: MBI) and until September 2017, Mr. Brown was the Chief Executive Officer of MBIA, Inc He rejoined MBIA, Inc. in February 2008 as Chairman and Chief Executive Officer and served as Chairman until May 7, 2009. He became Executive Chairman on May 6, …read full bio
GLOBE LIFE INC (GL)
Leaving: CEO – Gary L Coleman ( 10.5 yrs; 13.6% TSR)
Replaced by: James Matthew Darden
Mr. Darden, age 51, has served as Globe Life’s Senior Executive Vice President and Chief Strategy Officer and Mr. Svoboda, age 61, has served as Senior Executive Vice President and Chief Financial Officer, with both men holding those positions since April 2022. Prior thereto, Mr. Darden served as Executive Vice President and Chief Strategy Officer of Globe Life from January 2017 – April 2022 and M…read full bio
HYPERFINE INC (HYPR)
Leaving: CEO – R Scott Huennekens ( .3 yrs; )
Replaced by: Maria Sainz
Ms. Sainz, age 56, has served on the Board since the closing of the Company’s business combination in December 2021. Ms. Sainz also serves as member of the board of directors of ShockWave Medical, Inc., Avanos Medical, Inc. and Atrion Corporation, and was previously on the board of Orthofix Medical Inc., Iridex Corporation and MRI Interventions, Inc Ms. Sainz served as the President and Chief Exec…read full bio
IVANHOE ELECTRIC INC (IE)
Leaving: CEO – Robert Jct Friedland ( .4 yrs; )
Replaced by: Taylor Melvin
Mr. Melvin has over 20 years of experience in the natural resources sector as a senior corporate development professional and investment banker. He was most recently Vice President, Corporate Development for Freeport McMoRan Inc. (NYSE: FCX), a leading international mining company focused on copper, headquartered in Arizona. Prior…read full bio
CFO Moves
BLACK HILLS CORP (BKH)
Leaving: CFO – Richard Kinzley ( 8.3 yrs; 5.9% TSR)
Replaced by: Kimberly F. Nooney
Ms. Nooney, age 51, has 26 years of service with the Company serving in roles of increasing responsibility in the finance, accounting, and corporate strategy and development areas. She has served as the Company’s Vice President, Treasurer and Corporate Controller since June 2018 and Vice President and Treasurer from January 2015 to June 2018. read full bio
GLOBE LIFE INC (GL)
Leaving: CFO – Frank M Svoboda ( 10.5 yrs; 13.6% TSR)
Replaced by: Thomas Peter Kalmbach
Mr. Kalmbach, age 58, has been Executive Vice President and Chief Actuary of Globe Life since January 2019 and Senior Vice President and Chief Actuary of Globe Life’s primary operating subsidiaries, American Income Life Insurance Company, Globe Life And Accident Insurance Company , Liberty National Life Insurance Company and United American Insurance Company since August 2018. Prior thereto, from …read full bio
HUMANIGEN INC (HGEN)
Leaving: CFO – Timothy E Morris ( 2.2 yrs; -89.0% TSR)
Replaced by: Cameron Durrant
Cameron Durrant, M.D., MBA , has served as our Chairman of our Board since January 2016, and as our Chief Executive Officer since March 2016. In addition, Dr. Durrant served as our Interim Chief Financial Officer from July 1, 2019 to July 31, 2020. From May 2014 to January 2016, Dr. Durrant served as Founder and Director of Taran Pharma Limited, a private semi-virtual specialty pharma company deve…read full bio
KEURIG DR PEPPER INC (KDP)
Leaving: CFO – George Lagoudakis ( .3 yrs; )
Replaced by: Sudhanshu Shekhar Priyadarshi
Mr. Priyadarshi holds an MBA from the University of Technology Sydney. In connection with this appointment, the Company entered into a letter agreement with Mr. Priyadarshi on October 21, 2022. Pursuant to this agreement, Mr. Priyadarshi will receive an annual base salary of $850,000 and will be eligible to receive an annual bonus at a target level of 80% of his base salary. He will also be eligib…read full bio
PATHWARD FINANCIAL INC (CASH)
Leaving: CFO – Glen William Herrick ( 6.5 yrs; 10.6% TSR)
Replaced by: Sonja Anne Theisen
Ms. Theisen, 41, has served as Executive Vice President, Governance, Risk, and Compliance of the Company and Pathward, N.A. (the “Bank”) since August 2022. She was previously Executive Vice President and Chief Governance, Risk and Compliance Officer from October 2021 to August 2022, Senior Vice President, Chief of Staff from February 2021 to October 2021, Senior Vice President, Chief Accounting Of…read full bio
SIMPLY GOOD FOODS CO (SMPL)
Leaving: CFO – Todd E Cunfer ( 5.2 yrs; 22.0% TSR)
Replaced by: Shaun Mara
Mr. Mara, age 57, currently serves as the Company’s Senior Vice President of Strategy and Business Development reporting to Joseph E. Scalzo, the Company’s President and Chief Executive Officer. As the Company’s Chief Financial Officer, Mr. Mara will lead the Company’s finance function, including tax, treasury, internal audit, investor relations, external development, corporate financial planning …read full bio
SKILLSOFT CORP (SKIL)
Leaving: CFO – Gary W Ferrera ( 1.1 yrs; -76.2% TSR)
Replaced by: Richard Walker
Mr. Walker, 58, currently serves as the Company’s Chief Corporate Strategy and Development Officer, a position he has held since June 2021. Mr. Walker will maintain his corporate strategy and development responsibilities following the transition. Mr. Walker previously served as President of SumTotal through its sale by the Company in August 2022. Prior to joining the Company, Mr. Walker was an adv…read full bio
YETI HOLDINGS INC (YETI)
Leaving: CFO – Paul C Carbone ( 4.3 yrs; 17.4% TSR)
Replaced by: Michael McMullen
Mr. McMullen joined YETI as Head of Financial Planning & Analysis in February 2016 and has served as Vice President of Finance since March 2017. Prior to joining YETI, Mr. McMullen served twelve years with Dell Inc. in various financial roles and five years with PricewaterhouseCoopers. Mr. McMullen holds a B.B.A. in Accounting from Texas A&M University and an M.B.A. from Northwestern University Ke…read full bio
Director Joins
ALTRIA GROUP INC (MO)
Jacinto J Hernandez
Mr. Hernandez served as a partner and investment analyst for Capital Group and its subsidiary, Capital World Investors. He joined the Capital Group companies in August 2000 and retired in June 2022 after having spent 22 years covering a variety of industries, …read full bio
ANDERSONS INC (ANDE)
Steven K. Campbell
Mr. Campbell served as Head of North America Grain and Group Executive Vice President at Louis Dreyfus where he retired in 2017. He has held various leadership positions, including as President and CEO of Louis Dreyfus Commodities Grain Merchandising LLC, where he oversaw all grain tradin…read full bio
APPHARVEST INC (APPH)
Anthony Martin
Anthony Martin, age 66, has served as a member of the board of directors of the Fruit & Vegetable Dispute Resolution Corporation, a non-profit, member-based dispute resolution organization in the fresh produce industry, since May 2018. Previously Mr. Martin served as Chief Financial Officer…read full bio
AUTOMATIC DATA PROCESSING INC (ADP)
Maria Black
Ms. Black, age 48, has been the President of ADP since January 2022. Prior to that, she was President, Worldwide Sales and Marketing of ADP since February 2020 and served as President, Small Business Solutions and Human Resources Outsourcing from January 2017 to February 2020, as President, ADP Tota…read full bio
BANNIX ACQUISITION CORP (BNIX)
Ned L Siegel
Ned L. Siegel, age 71, has had a long and distinguished career as a senior U.S. government official and businessman. He was appointed by then President George W. Bush as the U.S. Ambassador to the Commonwealth of the Bahamas from October 2007 to January 2009. He was also appointed by President Bu…read full bio
BANNIX ACQUISITION CORP (BNIX)
Jamal Khurshid
Jamal “Jamie” Khurshid, age 46, served as an investment banker for over 20 years at Goldman Sachs, Credit Suisse and Royal Bank of Scotland before joining Cinnober Financial Technology, the world’s leading independent exchange and clearing house technology provider, as a se…read full bio
BANNIX ACQUISITION CORP (BNIX)
Douglas Landers Davis
Douglas Davis, age 64, is a seasoned executive with management experience across many areas including M&A, capital raising, sales and business development. Since 2001, Mr. Davis has served as the Managing Partner of CoBuilder, Inc., a consulting organization providing services for large and s…read full bio
COLONY BANKCORP INC (CBAN)
Ms. Audrey Hollingsworth
Ms. Hollingsworth will serve on the Risk Management Committee and Compensation Committee of the Company. Ms. Audrey Hollingsworth, age 60, is the Vice President of People Services at Goodwill Industries of Southern Rivers (“Goodwill”), one of 156 independent, community-based Goodwill nonprofits acro…read full bio
Dr. Chin is an Executive Vice President at Suffolk Construction Corporation Inc. (“Suffolk”), a national privately-held general contractor. She has served as the Chief Data Officer (CDO) since 2017, responsible for building new data analytics capabilities for Suffolk, setting vision and strategy, dr…read full bio
CULLEN/FROST BANKERS INC (CFR)
Joseph A. Pierce
Pierce is the senior vice president and general counsel of AMB Sports and Entertainment at The Blank Family of Businesses. In that role he counsels and advises across all areas of the organization, including the Atlanta Falcons, Atlanta United and the PGA Tour Superstores. Previously he h…read full bio
LIMONEIRA CO (LMNR)
Barbara Carbone
Ms. Carbone will also serve as a member of the Board’s Audit and Finance Committee and Risk Management Committee. Ms. Carbone will serve as a director until the Annual Meeting of Stockholders to be held in 2025. Ms. Carbone currently serves on the KPMG Retired Partners Council. From 1981 through Sep…read full bio
SANDY SPRING BANCORP INC (SASR)
Kenneth C Cook
Kenneth C. Cook, 62, became Executive Vice President and Division President of Commercial Banking in 2020. Prior to that, Mr. Cook was the President and Co-CEO of Revere Bank….read full bio
SONDER HOLDINGS INC (SOND)
Prashant Aggarwal
Mr. Aggarwal served as the Chief Financial Officer at Trulia, Inc., an online real estate company, from November 2011 to February 2015. Prior to Trulia, Mr. Aggarwalread full bio
UNIVEST FINANCIAL CORP (UVSP)
Martin P Connor
Mr. Connor is currently the CFO of Toll Brothers, Inc Mr. Connor was previously the CFO and Director of Operations for a diversified commercial real estate development company in the Mid-Atlantic region. Prior to that position, Mr. Connor was an Audit and Advisory Business Services Partner for Ernst…read full bio
Director Exits
AAR CORP (AIR)
H John Gilbertson Jr ( 2.6 yrs; -2.9% TSR)
Committees: Audit, Compensation
AKILI INC (AKLI)
Bharat M Chowrira ( .2 yrs; )
ALTRIA GROUP INC (MO)
W Leo Kiely III ( 11.0 yrs; 10.6% TSR)
Committees: Compensation, Compensation and Talent Development , Executive, Finance , Innovation
AMERICA FIRST MULTIFAMILY INVESTORS LP (ATAX)
Curtis Pollock ( 3.1 yrs; .4% TSR)
APPHARVEST INC (APPH)
Ciara Burnham ( 1.5 yrs; -79.0% TSR)
Committees: Audit, Nominating (and Governance)
BARNES GROUP INC (B)
Patrick Dempsey ( 9.4 yrs; 2.9% TSR)
FIRST CITIZENS BANCSHARES INC (FCNCA)
Daniel L Heavner ( 15.9 yrs; 10.1% TSR)
Committees: Audit
FOSTER L B CO (FSTR)
William H Rackoff ( 26.8 yrs; 3.0% TSR)
Committees: Audit, Compensation
GLOBAL INDEMNITY GROUP LLC (GBLI)
David S Charlton ( 1.5 yrs; -14.8% TSR)
HONEYWELL INTERNATIONAL INC (HON)
George Paz ( 13.8 yrs; 17.0% TSR)
Committees: Audit, Corporate Governance and Responsibility , Management Development and Compensation
INVIVYD INC (IVVD)
Redonda Miller ( .9 yrs; -89.6% TSR)
JAMES RIVER GROUP HOLDINGS LTD (JRVR)
Sundar Srinivasan ( 3.9 yrs; -10.8% TSR)
Committees: Compensation, Investment, Nominating (and Governance)
LIMONEIRA CO (LMNR)
Robert M Sawyer ( 32.8 yrs; -2.3% TSR)
Committees: Audit and Finance , Nominating (and Governance), Philanthropy, Risk Management
MASTERCRAFT BOAT HOLDINGS INC (MCFT)
T J Chung ( 5.8 yrs; 8.5% TSR)
Committees: Compensation, Strategy
MERCK & CO INC (MRK)
Kenneth C Frazier ( 11.8 yrs; 12.0% TSR)
NETFLIX INC (NFLX)
Rodolphe Belmer ( 4.8 yrs; 6.1% TSR)
Committees: Compensation
SYNAPTICS INC (SYNA)
Kiva A Allgood ( 3.4 yrs; 29.2% TSR)
Committees: Compensation, Nominating (and Governance)
TRUECAR INC (TRUE)
Wesley A Nichols ( 5.9 yrs; -26.9% TSR)
Committees: Compensation and Workforce, Executive, Nominating (and Governance)
TURTLE BEACH CORP (HEAR)
Kelly Ann Thompson ( 3.2 yrs; -11.9% TSR)
Committees: Compensation, Compliance and Governance, Nominating (and Governance)
XOS INC (XOS)
Sara Mathew ( 2.0 yrs; -66.9% TSR)