Weekly Executive & Director Moves (Sep 1)

by | Sep 1, 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

AIN, AVY, CAMP, CMC, CRGE, DSGN, EVEX, GFGD, GSAT, IMBIQ, JAMF, LEN, MEI, MKC, MOS, NUVA, OLN, RNG, VMEO, WBA

CFO

ABSI, ABT, ARQT, CHH, DHX, DLTH, EVA, GE, GNLX, GOEV, ICHR, IEX, KAMN, KTB, LEU, MEIP, NUVA, ORGN, SLM, USB, VIAV, VTS

Directors

AAP, AIN, ALLK, AMRSQ, AVY, AXTA, BLMN, BV, CAMP, CBIO, CCI, CIEN, CTLT, DSGN, DT, DXCM, ELTX, ERNA, FLO, FMNB, FUN, FWAC, GFGD, GMED, GWH, HAIN, IDEX, IPG, IRNT, JAMF, LEN, LZB, MIGI, MLAB, MOS, NKLA, NUE, NUVA, OLN, OMGA, ON, PRDS, PUBM, QDEL, QNCX, QRVO, REVG, ROIV, SAH, SCLX, SFT, SJW, SLRC, TEVA, TKNO, TNGX, TRDA, TTD, VMEO, VSCO, WBA, WCC, XPEL, YORW

CEO Moves

ALBANY INTERNATIONAL CORP (AIN)
Leaving: CEO – Andrew William Higgins ( 3.7 yrs; 5.4% TSR)
Replaced by: Gunnar Kleveland

Prior to joining Albany International Corp., Mr. Kleveland, age 54, served in leadership positions in the business segments of Textron Inc. Most recently, he served as the President and Chief Executive Officer of Textron Specialized Vehicles Inc. Previously, Mr. Kleveland was the President of TRU Simulation + Trading Inc. Mr. Kleveland also held the position of Executive Vice President of Int…read full bio


AVERY DENNISON CORP (AVY)
Leaving: CEO – Mitchell R Butier ( 7.3 yrs; 15.5% TSR)
Replaced by: Deon Stander

Deon Stander President and Chief Operating Officer 54 August 2016 2015-2022 Vice President and General Manager, RBIS 2013-2015 Vice President and General Manager, Global Commercial and Innovation, RBIS 2010-2012 Vice President and General Manager, Global Commercial, RBIS …read full bio

CALAMP CORP (CAMP)
Leaving: CEO – Jeffery R Gardner ( 3.4 yrs; -52.8% TSR)
Replaced by: Jason Cohenour
 
Jason Cohenour Former President, CEO and Director, Sierra Wireless, Inc.(NASDAQ: SWIR) Independent Background Mr. Cohenour served as the President, CEO and director of Sierra Wireless, Inc., a Nasdaq listed manufacturer of high-performance cellular networking for mission critical applications, from 2005 until June 2018, and held other senior management positions with Sierra Wireless, including COO…read full bio

CHARGE ENTERPRISES INC (CRGE)
Leaving: CEO – Andrew Scott Fox ( 2.8 yrs; -81.0% TSR)
Replaced by: Craig Harper-Denson
 
Craig Denson has been the Chief Operating Officer and a Director since October 2020, the Chief Compliance Officer since November 2021, the Secretary since December 2021, and was the Interim Chief Financial Officer from January 2021 until September 2021. Mr. Denson has been the President & CEO of PTGi since May 2012. Mr. Denson joined PTGi in 2009 as Vice Pre…read full bio

COMMERCIAL METALS CO (CMC)
Leaving: CEO – Barbara Smith ( 6.0 yrs; 23.0% TSR)
Replaced by: Peter R Matt
 
Peter R. Matt, the Company’s President, will assume the role of Chief Executive Officer and President of the Company, effective September 1, 2023. Mr. Matt will continue as a member of the Board, which he joined in June 2020. Mr. Matt, 60, has served as the Company’s President since April 9, 2023. Prior to serving as the Company’s President, Mr. Matt served as Executive Vice President and Chief Fi…read full bio

DESIGN THERAPEUTICS INC (DSGN)
Leaving: CEO – Joao Siffert ( 2.8 yrs; -57.2% TSR)
Replaced by: Pratik Shah
 
Pratik Shah, Ph.D. , has served as our Executive Chairperson and a member of our Board since December 2017. Dr. Shah also serves as the Chairman of the board of directors for ARS Pharmaceuticals, Inc. and has been a member of its board of directors since April 2016. He has also served as President of Marlinspike Group, LLC since August 2018 and of Marlinspike Group, Inc. from June 2015 to October …read full bio

EVE HOLDING INC (EVEX)
Leaving: CEO – Gerard J Demuro ( 1.3 yrs; -16.6% TSR)
Replaced by: Johann Bordais

Mr. Bordais, 51, has served as President and Chief Executive Officer of Embraer S.A.’s (“Embraer”) Services & Support business since its founding in 2016. Embraer Services & Support is focused on providing parts, flight hour solutions, maintenance, training, and engineering products and services for Embraer operators in …read full bio

GLOBALSTAR INC (GSAT)
Leaving: CEO – David B Kagan ( 4.9 yrs; 17.6% TSR)
Replaced by: Paul E Jacobs

 Dr. Jacobs, age 60, previously served as Chairman and Chief Executive Officer of XCOM, from 2018 until now. He also served as a Director of Qualcomm from June 2005 to March 2018, including as Chairman of the Board of Directors from March 2009 to March 2018, and as Executive Chairman from March 2014 to March 2018. He served as C…read full bio

JAMF HOLDING CORP (JAMF)
Leaving: CEO – Dean Hager ( 8.3 yrs; -23.4% TSR)
Replaced by: John Strosahl
 
John Strosahl has served as the Chief Operating Officer at Jamf since January 2020 and as Jamf’s President since January 2022, and previously served at Jamf as the Chief Revenue Officer from October 2015 until January 2020. Prior to joining Jamf, Mr. Strosahl was a Vice President at eBay from November 2013 until October 2015….read full bio

MCCORMICK & CO INC (MKC)
Leaving: CEO – Lawrence Erik Kurzius ( 7.6 yrs; 11.6% TSR)
Replaced by: Brendan M Foley

Mr. Foley, age 57, joined McCormick in 2014 and has held roles of increasing responsibility since that time, including: President and Chief Operating Officer (June 1, 2022 to present), President – Global Consumer, Americas and Asia (February 1, 2020 to June 1, 2022), President – Global Consumer and Americas (June 19, 2017 to February 1, 2020), President – Global Consumer and North America (June…read full bio

MOSAIC CO (MOS)
Leaving: CEO – James Calvin O’Rourke ( 8.3 yrs; .3% TSR)
Replaced by: Bruce M Bodine

Mr. Bodine, age 52, has served as Mosaic’s Senior Vice President – North America since April 1, 2020. From January 1, 2019 until his appointment as Senior Vice President – North America, Mr. Bodine was Mosaic’s Senior Vice President – Phosphates and also provided executive oversight for the corporate procurement organization from January 1, 2019 through March 31, 2020. Prior to that, Mr. Bodine se…read full bio


RINGCENTRAL INC (RNG)
Leaving: CEO – Vladimir Shmunis ( 24.6 yrs; 5.7% TSR)
Replaced by: Tarek Robbiati

Tarek Robbiati has served on our board of directors since December 2022. Mr. Robbiati has served as Executive Vice President, Chief Financial Officer of Hewlett Packard Enterprise Co. since September 2018. Before Joining Hewlett Packard Enterprise, Mr. Robbiati served as Chief Financial Officer of Sprint Corporation from August 2015 to February 2018. Prior to that, Mr. Robbiati served as Chief Exe…read full bio

VIMEO INC (VMEO)
Leaving: CEO – Anjali Sud ( 1.2 yrs; -47.3% TSR)
Replaced by: Adam Gross

Adam Gross , age 51, has served as a member of our Board since May 2021. Mr. Gross has served as an advisor to (and has invested in) a variety of technology companies, including software companies such as Cypress.io (a provider of front-end testing tools built for use by developers and quality assurance engineers when testing modern applications), Pantheon (a hosting and WebOps platform through wh…read full bio


WALGREENS BOOTS ALLIANCE INC (WBA)
Leaving: CEO – Rosalind G Brewer ( 2.4 yrs; -16.9% TSR)
Replaced by: Ginger L Graham

Ginger L. Graham Lead Independent Director * Institutional knowledge and deep understanding of the Company’s business * Substantial international business experience and business acumen and valued strategic, financial and operational insights * Institutional knowledge of Alliance Boots and deep understanding of the Company’s business and its European heritage * Extensive operational leadership in …read full bio

CFO Moves

ABBOTT LABORATORIES (ABT)
Leaving: CFO – Robert E Funck ( 3.5 yrs; 7.4% TSR)
Replaced by: Philip P Boudreau

Mr. Boudreau has served as Abbott’s Vice President, Controller since 2020, and served as Divisional Vice President, Controller, Medical Devices from 2017 to 2020 and as Divisional Vice President, Controller and Commercial Support, Point of Care Diagnostics from 2012 to 2017. Mr. read full bio

ABSCI CORP (ABSI)
Leaving: CFO – Gregory T Schiffman ( 2.1 yrs; -72.1% TSR)
Replaced by: Zachariah Jonasson

Zachariah Jonasson, Ph.D. has served as a member of our board of directors since the formation of Absci Corporation in October 2020 and on the board of directors of Absci LLC, the Company’s predecessor, from April 2016 to October 2020. He has over 26 years of experience in research, venture capital and company operations. Dr. Jonasson is currently a Managing General Partner of Phoenix Venture Part…read full bio

ARCUTIS BIOTHERAPEUTICS INC (ARQT)
Leaving: CFO – Scott L Burrows ( 2.3 yrs; -40.8% TSR)
Replaced by: John W Smither

Mr. Smither, 70, served as the Company’s chief financial officer from May 2019 to March 2021. Prior to that, Mr. Smither served as chief financial officer of Sienna Biopharmaceuticals, Inc. from January 2016 to April 2017, and again from April 2018 to March 2019. From November 2017 to April 2018, he served as interim chief financial officer of Kite Pharma, Inc. during its integration with Gilead S…read full bio

CANOO INC (GOEV)
Leaving: CFO – Kenneth Manget ( .6 yrs; -56.5% TSR)
Replaced by: Greg Ethridge

Greg Ethridge . Mr. Ethridge has served as a member of the Board since December 2020, and prior to this, served as President, Chief Operating Officer and a director of HCAC from February 2019 to December 2020. Since June 2019, Mr. Ethridge has served as Chairman of Motorsports Aftermarket Group, a designer, manufacturer, marketer and distributor of aftermarket parts, apparel and accessories for th…read full bio

CENTRUS ENERGY CORP (LEU)
Leaving: CFO – Philip O Strawbridge ( 3.9 yrs; 92.4% TSR)
Replaced by: Kevin J Harrill

Kevin J. Harrill has been Corporate Controller and Chief Accounting Officer since November 2021. Mr. Harrill has extensive experience in finance and accounting leadership roles in multi-national companies, including Fortune 500 and private equity-backed corporations. Prior to joining the Company, Mr. Harrill held positions of increasing responsibility at Blackboard Inc., from 2015 to 2021, includi…read full bio

CHOICE HOTELS INTERNATIONAL INC (CHH)
Leaving: CFO – Dominic Dragisich ( 6.5 yrs; 14.1% TSR)
Replaced by: Scott E Oaksmith

Mr. Oaksmith, who joined the Company in 2002, served as Senior Vice President, Finance & Chief Accounting Officer from May 2016 to March 2020 and was recently promoted to Senior Vice President, Real Estate and Finance. In his new role, Mr. Oaksmith is leading several of the Company’s strategic areas of focus, including treasury operations, the business intelligence group, and real estate investing…read full bio

DHI GROUP INC (DHX)
Leaving: CFO – Kevin Franklin Bostick ( 3.8 yrs; 3.1% TSR)
Replaced by: Art Zeile

Art Zeile has served as a director and as the President and Chief Executive Officer of the Company since April 2018. In 2008, Mr. Zeile co-founded HOSTING, a cloud computing services company, and served as its Chief Executive Officer from 2008 until 2016. At HOSTING, Mr. Zeile formulated a strategy for a rollup of cloud services companies in the U.S. and focused on managing security and compliance…read full bio

GENELUX CORP (GNLX)
Leaving: CFO – Doug Samuelson ( .6 yrs; 308.4% TSR)
Replaced by: Lourie Zak

Ms. Zak, 60, most recently served as an Executive Consultant for CFO Assignments from March 2015 to August 2023. Ms. Zak previously served as the Chief Financial Officer of Guitar Center Brands of Guitar Center, Inc. from October 2014 to January 2015 and the Chief Financial Officer of SONIFI Solutions, Inc. from February 2013 to October 2014.

read full bio

GENERAL ELECTRIC CO (GE)
Leaving: CFO – Happe Carolina Dybeck ( 3.5 yrs; 4.4% TSR)
Replaced by: Rahul Ghai

Mr. Ghai will assume this role in addition to his current responsibilities as Chief Financial Officer of GE Aerospace. Mr. Ghai has been Chief Financial Officer of GE Aerospace, a division of GE, since August 2022. Prior to joining GE Aerospace, Mr. Ghai served as Executive Vice President and Chief Financial Officer of Otis Worldwide Corporation, an elevator and escalator manufacturing, installati…read full bio

KAMAN CORP (KAMN)
Leaving: CFO – James Gordon Coogan ( 2.1 yrs; -31.2% TSR)
Replaced by: Carroll Kent Lane

Mr. Lane joined Kaman in July 2022 as a Senior Vice President and segment lead of the Company’s Precision Products Segment. In January 2023, he was also appointed segment lead of the Company’s Engineered Products Segment. Prior to joining Kaman, Mr. Lane held positions of increasing responsibility at United Technologies Corporation (“UTC”), now known as RTX Corporation, including as President of P…read full bio

KONTOOR BRANDS INC (KTB)
Leaving: CFO – Rustin Welton ( 4.3 yrs; 11.9% TSR)
Replaced by: Joseph A Alkire

Mr. Alkire, age 43, most recently served as the Executive Vice President, Chief Operating Officer and Chief Financial Officer at BrüMate Inc., a high-growth private equity backed consumer products company from November 2021 to August 2023.
From July 2010 to July 2021, Mr. read full bio

MEI PHARMA INC (MEIP)
Leaving: CFO – Brian G Drazba ( 6.4 yrs; -22.2% TSR)
Replaced by: Jay File

Mr. File, age 52 Mr. File served as CFO of Evofem Biosciences, a biotechnology company, from March 2015 to April 2023. From February 2013 to March 2015, Mr. File served as an independent financial and accounting consultant, where he provided expertise in corporate accounting to a diverse range of clients. Before working as a financial and accounting consultant, Mr. File served as the Controller…read full bio

US BANCORP (USB)
Leaving: CFO – Terrance R Dolan ( 7.1 yrs; 2.1% TSR)
Replaced by: John C. Stern

Mr. Stern will report to Mr. Dolan in each of those roles. Mr. Stern, 44, has served as president of Global Corporate Trust and Custody within Wealth Management and Investment Services since May 2021. Previously, Mr. Stern served as the Company’s Corporate Treasurer from July 2013 to May 2021 and in various other roles in the Company’s Corporate Treasury group after joining the Company in 2000. Th…read full bio

VIAVI SOLUTIONS INC (VIAV)
Leaving: CFO – Henk Derksen ( 2.6 yrs; -16.6% TSR)
Replaced by: Pamela K Avent

Prior to her appointment as Interim Chief Financial Officer, Ms. Avent served as Vice President, Internal Audit from November 2015 to May 2019 and as Global Controller from May 2019. Prior to joining the Company, Ms. Avent held various positions of increasing responsibility at Hewlett Packard from September 19, 1999, most recently as Senior Finance Director in HP’s Enterprise Services Bus…read full bio

Director Joins

 
Prior to joining Albany International Corp., Mr. Kleveland, age 54, served in leadership positions in the business segments of Textron Inc. Most recently, he served as the President and Chief Executive Officer of Textron Specialized Vehicles Inc. Previously, Mr. Kleveland was the President of T…read full bio
 
 
 
As President and CEO of CARGO Therapeutics, Ms. Chapman is leading the company’s development of next-generation CAR T-cell therapies that address multiple mechanisms of resistance to deliver therapies to people living with cancer. Since joining CARGO in May of 2022, she has …read full bio
 
 
 
Michelle C. Werner is a seasoned pharmaceutical executive with more than 20 years of experience spanning commercial and research & development (R&D) responsibilities. Currently, she serves as the CEO of Alltrna and CEO-Partner at Flagship Pioneering. Prior to her current role, Ms. Werner …read full bio
 
PUBMATIC INC (PUBM)
Anton Hanebrink
Anton Hanebrink has served as the Executive Vice President, Chief Corporate Strategy & Development Officer at Intuit Inc., the global financial technology platform that makes Intuit TurboTax,&nb…read full bio
 
Ms. Roberts has extensive experience in asset-based financing in a variety of industries and differing economic markets, having arranged over $12 billion of asset-based financing over the last forty years. In 1994, Ms. Roberts co-founded Genesis Capital Corporation, where…read full bio

Director Exits

ALPHA TEKNOVA INC (TKNO)
Robert McNamara ( 2.2 yrs; -65.0% TSR)

BLOOMIN’ BRANDS INC (BLMN)
James Craigie ( 9.8 yrs; 3.0% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

CALAMP CORP (CAMP)
Jeffery R Gardner ( 8.6 yrs; -31.3% TSR)
Committees: Audit, Compensation

CATALYST BIOSCIENCES INC (CBIO)
Andrea Hunt ( 5.8 yrs; -3.1% TSR)
Committees: Audit, Compensation, Nominating (and Governance), Science and Technology

CEDAR FAIR L P (FUN)
Matthew A Ouimet ( 12.1 yrs; 10.5% TSR)


DESIGN THERAPEUTICS INC (DSGN)
Joao Siffert ( 2.8 yrs; -57.2% TSR)


ELICIO THERAPEUTICS INC (ELTX)
Assaf Segal ( .2 yrs; )


FLOWERS FOODS INC (FLO)
Terry S Thomas ( 3.0 yrs; 6.4% TSR)
Committees: Audit, Finance

GROWTH FOR GOOD ACQUISITION CORP (GFGD)
Yana Watson Kakar ( 2.1 yrs; -.3% TSR)


IRONNET INC (IRNT)
Mary E Gallagher ( 3.9 yrs; -66.8% TSR)
Committees: Audit

LA-Z-BOY INC (LZB)
W Alan McCollough ( 16.6 yrs; 7.5% TSR)
Committees: Audit, Compensation and Talent Management

LENNAR CORP (LEN)
Richard Beckwitt ( 5.4 yrs; 15.3% TSR)


MAWSON INFRASTRUCTURE GROUP INC (MIGI)
James Edward Manning ( 2.5 yrs; -64.3% TSR)


MESA LABORATORIES INC (MLAB)
John Bradley Schmieder ( 8.3 yrs; 8.4% TSR)
Committees: Audit, Nominating (and Governance)

MOSAIC CO (MOS)
James Calvin O’Rourke ( 8.6 yrs; .2% TSR)


NIKOLA CORP (NKLA)
Michael Lohscheller ( 1.0 yrs; -63.5% TSR)


NUVASIVE INC (NUVA)
James Christopher Barry ( 4.8 yrs; -9.9% TSR)


NUVASIVE INC (NUVA)
Amy Belt Raimundo ( 2.1 yrs; -21.4% TSR)
Committees: Compensation

NUVASIVE INC (NUVA)
R Scott Huennekens ( 4.9 yrs; -11.0% TSR)
Committees: Audit, Compensation

NUVASIVE INC (NUVA)
Dan Wolterman ( 8.2 yrs; -2.6% TSR)
Committees: Compensation

NUVASIVE INC (NUVA)
Robert F Friel ( 7.6 yrs; -3.0% TSR)
Committees: Compensation

NUVASIVE INC (NUVA)
Siddhartha Kadia ( 2.6 yrs; -13.0% TSR)
Committees: Compensation, Nominating, Corporate Governance and Compliance

NUVASIVE INC (NUVA)
Leslie V Norwalk ( 9.3 yrs; 1.3% TSR)
Committees: Audit, Nominating, Corporate Governance and Compliance

NUVASIVE INC (NUVA)
John A Deford ( 5.6 yrs; -5.4% TSR)
Committees: Nominating, Corporate Governance and Compliance

OLIN CORP (OLN)
Scott Mcdougald Sutton ( 5.8 yrs; 17.2% TSR)
Committees: Audit, Executive, Nominating (and Governance), Operating Improvement

OMEGA THERAPEUTICS INC (OMGA)
Noubar Afeyan ( 2.1 yrs; -49.4% TSR)


PARDES BIOSCIENCES INC (PRDS)
Mark Auerbach ( 1.7 yrs; -64.0% TSR)


PARDES BIOSCIENCES INC (PRDS)
Alsup Laurie Smaldone ( .9 yrs; -31.3% TSR)


PARDES BIOSCIENCES INC (PRDS)
Deborah M Autor ( 1.7 yrs; -64.0% TSR)


PARDES BIOSCIENCES INC (PRDS)
J Jay Lobell ( 1.7 yrs; -64.0% TSR)


PARDES BIOSCIENCES INC (PRDS)
John C Pottage Jr ( .9 yrs; -31.3% TSR)


PARDES BIOSCIENCES INC (PRDS)
Laura Hamill ( 1.7 yrs; -64.0% TSR)


PARDES BIOSCIENCES INC (PRDS)
Michael David Varney ( 1.7 yrs; -64.0% TSR)


PARDES BIOSCIENCES INC (PRDS)
Thomas G Wiggans ( 1.4 yrs; -64.5% TSR)


PARDES BIOSCIENCES INC (PRDS)
Uri A Lopatin ( 1.7 yrs; -64.0% TSR)


PUBMATIC INC (PUBM)
Cathleen Black ( 9.3 yrs; -21.6% TSR)


QORVO INC (QRVO)
Jeffery R Gardner ( 8.6 yrs; 4.8% TSR)
Committees: Audit, Nominating (and Governance)

QUIDELORTHO CORP (QDEL)
Christopher M Smith ( 1.3 yrs; -22.2% TSR)


REV GROUP INC (REVG)
Justin Fish ( 5.4 yrs; -10.9% TSR)
Committees: Nominating (and Governance)

ROIVANT SCIENCES LTD (ROIV)
Hiroshi Nomura ( .9 yrs; 190.3% TSR)


SCILEX HOLDING CO (SCLX)
Tien-Li Lee ( .8 yrs; -62.4% TSR)


SCILEX HOLDING CO (SCLX)
Henry Ji ( .8 yrs; -62.4% TSR)


SCILEX HOLDING CO (SCLX)
Laura Hamill ( .8 yrs; -62.4% TSR)


SCILEX HOLDING CO (SCLX)
Dorman Followwill ( .8 yrs; -62.4% TSR)


SCILEX HOLDING CO (SCLX)
David Lemus ( .8 yrs; -62.4% TSR)


SHIFT TECHNOLOGIES INC (SFT)
Tobias Russell ( 2.8 yrs; -78.3% TSR)


SONIC AUTOMOTIVE INC (SAH)
John W Harris III ( 10.8 yrs; 10.8% TSR)
Committees: Audit, Compensation, Nominating (and Governance)

TANGO THERAPEUTICS INC (TNGX)
Aaron I Davis ( 3.3 yrs; -15.5% TSR)


TRADE DESK INC (TTD)
David Randall Pickles ( 2.6 yrs; -.4% TSR)


VIMEO INC (VMEO)
Anjali Sud ( 2.3 yrs; -66.8% TSR)


WALGREENS BOOTS ALLIANCE INC (WBA)
Rosalind G Brewer ( 2.4 yrs; -16.9% TSR)


YORK WATER CO (YORW)
George W Hodges ( 37.0 yrs; 11.5% TSR)
Committees: Executive, Nominating (and Governance)

Recent Analysis

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