Weekly Executive & Director Moves (Sep 16)

by | Sep 16, 2022

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

CSX, ESE, FE, HTBK, J, LUMN, MSGS, ORN, TRHC, TXMD, XRAY

CFO

BAH, CARA, CURV, CVGI, DE, DINO, EXPE, FLNC, GSHD, HYLN, IRNT, PYPL, TFC, UNRV, WSM, ZEV

Directors

ABT, ALTU, AMP, ATR, AXTA, BAC, BOXD, CELC, COP, CRD.A, CSX, CTLT, CVS, DAWN, DNUT, EBAY, EGHT, EPIX, EPM, ESE, FE, FUL, GHC, GOCO, GWRE, HLGN, HNI, HTBK, HUM, J, JACK, KE, KITT, LIVN, LOGI, LSAK, LSCC, LUMN, MIGI, MKTW, MNDT, MQ, MSGS, NDSN, NRIX, PRDS, PTON, PXLW, SITC, SIVB, SOND, STRA, SUMO, TALK, THO, TRHC, VTR, WETF, XLO, XNCR, XRAY, XXII

CEO Moves

CSX CORP (CSX)
Leaving: CEO – James M Foote ( 4.8 yrs; 15.9% TSR)
Replaced by: Joseph R Hinrichs

Mr. Hinrichs, 55, has more than 30 years’ experience in the global automotive, manufacturing and materials planning and logistics sectors, previously serving as President of Ford Motor Company’s global automotive business, from 2019 to 2020. In that role, Mr. Hinrichs led the company’s $160 billion automotive operations, and he previously held other positions at Ford, including President of Global…read full bio

ESCO TECHNOLOGIES INC (ESE)
Leaving: CEO – Victor L Richey Jr ( 19.7 yrs; 9.3% TSR)
Replaced by: Bryan H. Sayler

Mr. Sayler brings more than 25 years of experience at the Company across several of its core businesses. Since 2016, Mr. Sayler has been the President of the Company’s subsidiary Doble Engineering Company, and since 2017 he has also led the Company’s Utility Solutions Group of which Doble is a member. Prior to 2016, he held senior positions in ETS-Lindgren, the Company’s …read full bio

FIRSTENERGY CORP (FE)
Leaving: CEO – Steven E Strah ( 1.9 yrs; 23.7% TSR)
Replaced by: John W Somerhalder II

Mr. Somerhalder’s appointment follows the decision by Steven E. Strah on September 15, 2022 to retire as the President and Chief Executive Officer of the Company, effective as of September 16, 2022, as further described below. Mr. Somerhalder, age 66, has served as Chair of the Board since May 2022, and previously served as Vice Chair and Executive Director of the Company from March 2021 to May 20…read full bio

JACOBS SOLUTIONS INC (J)
Leaving: CEO – Steven J Demetriou ( 7.4 yrs; 18.0% TSR)
Replaced by: Robert V Pragada

Mr. Pragada rejoined the Company in 2016 after serving as President and Chief Executive Officer of The Brock Group, one of the largest providers of industrial services in North America, for approximately two years. Prior to that, Mr. Pragada worked in various executive and senior management capacities with Jacobs beginning in 2006. He has served as the President and COO of the Company since 2019. …read full bio

LUMEN TECHNOLOGIES INC (LUMN)
Leaving: CEO – Jeffrey K Storey ( 4.5 yrs; -3.3% TSR)
Replaced by: Kate Johnson

Since 2020, Ms. Johnson, age 54, has served on the board of directors of United Parcel Service, Inc., a global package delivery and supply chain management company (NYSE: UPS). From 2017 until 2021, Ms. Johnson served as President of Microsoft U.S., a division of Microsoft Corporation, a global technology company (NASDAQ: MSFT), where she was responsible for Microsoft’s …read full bio

MADISON SQUARE GARDEN SPORTS CORP (MSGS)
Leaving: CEO – Andrew Lustgarten ( 2.8 yrs; -.4% TSR)
Replaced by: TBD (stepping down at end of year)

ORION GROUP HOLDINGS INC (ORN)
Leaving: CEO – Austin J Shanfelter ( .4 yrs; 46.4% TSR)
Replaced by: Mr. Travis J. Boone

Mr. Boone, served as a regional Chief Executive of AECOM and legacy companies since May 2017 and other key positions since 1999. From 1986 to 1999 he held various positions with several contracting companies in the utility/pipeline construction and commercial building construction industries. He is a Professional Engineer and Board-Certified Safety Professional. Mr. Boone graduated from New Mex…read full bio

TABULA RASA HEALTHCARE INC (TRHC)
Leaving: CEO – Calvin H Knowlton ( 8.3 yrs; -16.7% TSR)
Replaced by: Brian W Adams

Brian Adams Mr. Adams has served as our Co-President since 2021. From 2014 to 2022, he served as our Chief Financial Officer. Prior to that, he served as Vice President of Finance and Director of Finance for CareKinesis from 2011 to 2014. From 2007 through 2011, Mr. Adams served as Senior Financial Analyst, Manager of Finance and Associate Director of Finance and Accounting at KPMG LLP. Mr. Adams …read full bio

THERAPEUTICSMD INC (TXMD)
Leaving: CEO – Hugh O’Dowd ( .8 yrs; -78.0% TSR)
Replaced by: Mark A Glickman

Mark Glickman has served as the Chief Business Officer, Commercial of our Company since 2021. Previously, Mr. Glickman served as the Chief Commercial Officer for Esperion Therapeutics [NASDAQ ESPR] from 2018 until December 2020, where he developed and led the commercial division in the launch of the company’s first cardiovascular prescription therapy. From June 2015 to March 2018, Mr. Glickman ser…read full bio

THERAPEUTICSMD INC (TXMD)
Leaving: CEO – Hugh O’Dowd ( .8 yrs; -78.0% TSR)
Replaced by: Brian Bernick

Brian Bernick, M.D. 53 Co-Founder and Chief Scientific & Medical Officer Ben Foulk 52 Vice President Human Resources Kevin McCabe 52 Chief Exclusively Officer and Associate General Counsel Christine Miller 64 Chief Regulatory Affairs & Quality Assurance Officer Daniella Silva 36 Chief Compliance Officer Bharat Warrier 44 Chief Manufacturing Officer Dr. Brian Bernick has served as co-founder and C…read full bio

CFO Moves

CARA THERAPEUTICS INC (CARA)
Leaving: CFO – Richard Makara ( .3 yrs; )
Replaced by: Ryan D Maynard

Mr. Maynard, 53, has over 20 years of experience in leading finance organizations at both public and private biopharmaceutical companies. Mr. Maynard served most recently as the Chief Financial Officer of LetsGetChecked, a global healthcare solutions company, from October 2019 to March 2022. Mr. Maynard previously was the Chief Financial Officer of Blade Therapeutics, Inc., a privately held biotec…read full bio

DEERE & CO (DE)
Leaving: CFO – Rajesh Kalathur ( .3 yrs; 14.7% TSR)
Replaced by: Joshua A. Jepsen

Mr. Jepsen replaces Rajesh Kalathur, who will continue as President of John Deere Financial and resume the position of Chief Information Officer for the Company. Mr. Jepsen has served as the Company’s Deputy Financial Officer since March 2022. Prior to this role, he served as Director, Investor Relations from 2018 to 2022, and Manager, Investor Communications from 2015 to 2018. Mr. Jepsen joined t…read full bio

FLUENCE ENERGY INC (FLNC)
Leaving: CFO – Dennis Fehr ( .9 yrs; -50.5% TSR)
Replaced by: Manavendra Sial

Mr. Sial will remain available to ensure a smooth transition at SunPower through September 14, 2022. Prior to joining SunPower Corporation, Mr. Sial served as Executive Vice President and Chief Financial Officer of VECTRA, a portfolio company of certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO), from 2015 through 2018. Prior to that, Mr. Sial was with SunEdison Inc. …read full bio

GOOSEHEAD INSURANCE INC (GSHD)
Leaving: CFO – Mark S Colby ( 6.7 yrs; 34.2% TSR)
Replaced by: Mark E Jones Jr

Mr. Jones, Jr., 30, joined Goosehead in 2016 as its Controller and was promoted to Vice President of Finance in 2020, reporting directly to the CFO. He was instrumental to Goosehead’s IPO in 2018 and has been responsible for overseeing Goosehead’s SEC reporting, financial planning and analysis, and directly managing Goosehead’s finance team. Prior to joining Goosehead, …read full bio

HYLIION HOLDINGS CORP (HYLN)
Leaving: CFO – Sherri Baker ( 1.6 yrs; -60.8% TSR)
Replaced by: Jon Panzer

Mr. Panzer (age 55) previously served as Senior Vice President of Intermodal Operations at Union Pacific Railroad Company from March 2021 to September 2022. Prior to his most recent role, Mr. Panzer served in a succession of finance and technology roles of increasing responsibility with Union Pacific Railroad Company, including Senior Vice President of Strategic Planning from November 2020 to M…read full bio

LIGHTNING EMOTORS INC (ZEV)
Leaving: CFO – Teresa Covington ( 1.4 yrs; -61.1% TSR)
Replaced by: David Agatston

Prior to joining the Company, Mr. Agatston, 57, served as Senior Vice President of Finance and as a Divisional Chief Financial Officer for the Zayo Group, a leading provider of light-speed data transmission infrastructure serving wireless and wireline carriers, media, finance, healthcare, and other large enterprises, from June 2018 to March 2020. Prior to that, Mr. Agatston served for approxi…read full bio

PAYPAL HOLDINGS INC (PYPL)
Leaving: CFO – Blake J Jorgensen ( .1 yrs; ) (medical leave)
Replaced by: Gabrielle Rabinovitch

Ms. Rabinovitch, age 43, joined the Company in April 2016. She currently serves as the Company’s Senior Vice President, Capital Markets, Investor Relations and Treasurer. Previously, she served as the Company’s interim Chief Financial Officer from May 2022 to August 2022, and as Senior Vice President, Corporate Finance and Investor Relations from September 2021 to September 2022. Prior to that, Ms…read full bio

TRUIST FINANCIAL CORP (TFC)
Leaving: CFO – Daryl N Bible ( 13.7 yrs; 7.6% TSR)
Replaced by: Michael Baron Maguire

Mr. Maguire, age 44, will succeed Daryl N. Bible, who announced in May 2022 that he planned to retire from Truist upon the naming and transition of his successor. Since December 2019, Mr. Maguire has served as Chief Consumer Finance and Payments Officer of Truist, leading the company’s consumer finance businesses, including LightStream, Service Finance, Sheffield Financial, Dealer Retail Services,…read full bio

Unrivaled Brands Inc (UNRV)
Leaving: CFO – Jeffrey Robert Batliner ( 1.9 yrs; )
Replaced by: Patty Chan

Ms. Chan has over 14 years of accounting, financial reporting, compliance, and operational experience across the cannabis, real estate, and financial services industries.  Before entering the cannabis and CBD industries, she accrued nearly 10 years of experience managing forensic accounting engagements for business litigation, supervising and conducting fraud investigations, and preparing …read full bio

WILLIAMS SONOMA INC (WSM)
Leaving: CFO – Julie Patenaude ( 10.5 yrs; 17.1% TSR)
Replaced by: Jeff Howie

Mr. Howie has served in various positions with the Company since 2002, most recently as Executive Vice President, Chief Administrative Officer. Prior to that role, Mr. Howie served as Executive Vice President, Chief Administrative Office, Pottery Barn brands from 2017 to 2021. From 2016 to 2017, Mr. Howie served as Executive Vice President of Finance and Inventory Management in the Company&rs…read full bio

Director Joins

22ND CENTURY GROUP INC (XXII)
Lucille S Salhany

Lucille Salhany, age 76, has served as President and Chief Executive Officer of JHMedia, a consulting company she founded, since 1997. She was also one of the founding partners of Echo Bridge Entertainment and CEO & President of LifeFX Networks, Inc. After serving as Chairperson of the Twenti…read full bio

BANK OF AMERICA CORP (BAC)
Jose E Almeida

Almeida, 59, serves as chairman, president and chief executive officer of Baxter International Inc., a position he has held since 2016. Before joining Baxter, Almeida served as chairman, president and chief executive officer of Covidien plc from 2012 to 2015. Almeida also served in leadership rol…read full bio

CATALENT INC (CTLT)
Karen Flynn

Ms. Flynn, 59, retired in June 2022 from her position as the Company’s Senior Vice President & Chief Commercial Officer, a position she had held since 2021. She joined the Company as President, Biologics and Chief Commercial Officer in 2020. Prior to joining the Company, she served as the Senior Vic…read full bio

CELCUITY INC (CELC)
Polly A Murphy

Dr. Murphy joins Celcuity with over 20 years of business development and commercial strategy experience at leading global pharmaceutical companies, including 12 years in leadership positions with increasing responsibility at Pfizer. While at Pfizer she led business development for Worldwide…read full bio

CRAWFORD & CO (CRD.A)
Cameron M Bready

Mr. Bready is the President and Chief Operating Officer of Global Payments, Inc., a financial technology company, a position he has held for three years. Prior to that, and since June of 2014 he was Senior Executive Vice President and CFO of Global Payments, Inc. Mr. Bready’s term will expire at th…read full bio

CSX CORP (CSX)
Joseph R Hinrichs

Mr. Hinrichs, 55, has more than 30 years’ experience in the global automotive, manufacturing and materials planning and logistics sectors, previously serving as President of Ford Motor Company’s global automotive business, from 2019 to 2020. In that role, Mr. Hinrichs led the company’s $160 billion …read full bio

CVS HEALTH CORP (CVS)
Jeffrey R Balser

Dr. Balser, age 60, serves as President and Chief Executive Officer of Vanderbilt University Medical Center (“VUMC”) and has been its chief executive since 2009. He has also served as Dean of the Vanderbilt University School of Medicine since 2008….read full bio

EVOLUTION PETROLEUM CORP (EPM)
Myra Coleman Bierria

Ms. Bierria is an experienced attorney in the areas of corporate governance, securities law, and management of public company board of directors’ matters. She was appointed in 2016 and currently serves as the Vice President and Corporate Secretary for Southern Company, a holding company for…read full bio

HELIOGEN INC (HLGN)
Barbara J Burger

Dr. Burger was mostly recently the Vice President, Innovation at Chevron and President of Chevron Technology Ventures from June 2013 to April 2022. Previously, Dr. Burger held a number of management positions at Chevron across International Marketing, Chemicals, Technology Marketing, Lubricants…read full bio

JACK IN THE BOX INC (JACK)
Guillermo Diaz, Jr.

Diaz joins the Jack in the Box Inc. Board with more than three decades of experience in telecommunications and information technology. Prior to his current roles, Diaz served as CEO at Kloudspot, Inc., an innovative predictive AI and IoT analytics platform provider, and as Global Chief Informatio…read full bio

JACOBS SOLUTIONS INC (J)
Robert V Pragada

Mr. Pragada rejoined the Company in 2016 after serving as President and Chief Executive Officer of The Brock Group, one of the largest providers of industrial services in North America, for approximately two years. Prior to that, Mr. Pragada worked in various executive and senior management capaciti…read full bio

LATTICE SEMICONDUCTOR CORP (LSCC)
Raejeanne Skillern

Ms. Skillern currently serves as President, Communications, Enterprise and Cloud (CEC) at Flex, a leading technology innovation, supply chain, and manufacturing solutions company. In this role, she oversees the delivery of Flex’s design and manufacturing solutions, integration services, and…read full bio

LIVANOVA PLC (LIVN)
Brooke Story

Ms. Story has over 20 years of experience in the global medical technology industry. She currently serves as Worldwide President, Integrated Diagnostic Solutions at BD (Becton, Dickinson and Company), a position she assumed in April 2021. Prior to that, she spent 15 years at Medtronic, where she hel…read full bio

LUMEN TECHNOLOGIES INC (LUMN)
Kate Johnson

Since 2020, Ms. Johnson, age 54, has served on the board of directors of United Parcel Service, Inc., a global package delivery and supply chain management company (NYSE: UPS). From 2017 until 2021, Ms. Johnson served as President of Microsoft U.S., a division of Microsoft Corpo…read full bio

MADISON SQUARE GARDEN SPORTS CORP (MSGS)
Andrew Lustgarten

ANDREW LUSTGARTEN, 44, is the President (since 2017) and Chief Executive Officer (since April 2020) of the Company. Mr. Lustgarten is also the President of MSG Entertainment since November 2019. As President and Chief Executive Officer of the Company, Mr. Lustgarten is responsible for setting the ov…read full bio

MANTECH INTERNATIONAL CORP (MANT)
Matthew A Tait

Matthew A. Tait 54 Chief Operating Officer Matt Tait has served as our Chief Operating Office since July 2020. Mr. Tait served as president of the Company’s former Mission Solutions and Services (MSS) business group from July 2018 to June 2020. Before joining the Company in 2018, Mr. Tait held vari…read full bio

NURIX THERAPEUTICS INC (NRIX)
Edward C Saltzman

Mr. Saltzman has served as Lumanity’s Head of Biotech Strategy since March of 2022. In 1993, Mr. Saltzman founded Defined Health Inc., an asset development strategy consulting firm, and led it to becoming a preeminent advisor to senior management and boards of directors of biotech…read full bio

PIXELWORKS INC (PXLW)
John Y. Liu

Dr. Liu currently serves as a director on the boards of Digital China Holdings Limited, a Hong Kong-based provider of information technology (IT) products and systems solutions, and dormakaba Holding AG, a global leader in the security and access control market. Dr Liu also held prior rol…read full bio

SITE CENTERS CORP (SITC)
Barry A Sholem

BARRY A. SHOLEM — Partner, MSD Capital, L.P. (family investment office) Background: Mr. Sholem became a partner of MSD Capital, L.P., the family office of Michael and Susan Dell, and head of its real estate fund in July 2004. From 1995 until 2000, Mr. Sholem was Chairman of DLJ Real Estate Capital …read full bio

SONDER HOLDINGS INC (SOND)
Michelle M Frymire

Ms. Frymire most recently served as Chief Executive Officer of CWT (formerly Carlson Wagonlit Travel), a travel management platform, from May 2021 to May 2022. Previous to serving as the CEO, Ms. Frymire served as CWT’s President and Chief Financial Officer from September 2020 to May…read full bio

STRATEGIC EDUCATION INC (STRA)
Michael Thawley

Mr. Thawley most recently served as Vice Chairman of Capital Group International, part of Capital Group Companies which is a fund management company with over $2 trillion under active management, having retired from that position on August 31, 2022. He previously held several senior positions i…read full bio

Director Exits

8X8 INC (EGHT)
Vladimir S Jacimovic ( 8.5 yrs; -8.1% TSR)

AMERIPRISE FINANCIAL INC (AMP)
Lon R Greenberg ( 11.3 yrs; 16.9% TSR)
Committees: Audit, Compensation and Benefits, Nominating (and Governance)

BOXED INC (BOXD)
Jared Yaman ( .8 yrs; -92.6% TSR)

CSX CORP (CSX)
James M Foote ( 4.8 yrs; 15.9% TSR)
Committees: Executive

EBAY INC (EBAY)
Kathleen C Mitic ( 11.0 yrs; 4.4% TSR)
Committees: Compensation, Nominating (and Governance)

ESCO TECHNOLOGIES INC (ESE)
Victor L Richey Jr ( 7.9% TSR)
Committees: Executive

FIRSTENERGY CORP (FE)
Steven E Strah ( 23.7% TSR)

FULLER H B CO (FUL)
Dante C Parrini ( 10.0 yrs; 9.6% TSR)
Committees: Compensation, Nominating (and Governance)

GOHEALTH INC (GOCO)
Miriam A Tawil ( 2.7 yrs; -82.4% TSR)

KRISPY KREME INC (DNUT)
Ozan Dokmecioglu ( 1.3 yrs; -25.4% TSR)

KRISPY KREME INC (DNUT)
Patricia Capel ( 1.3 yrs; -25.4% TSR)

LESAKA TECHNOLOGIES INC (LSAK)
Owulakwao Greenstreet ( 2.3 yrs; 20.5% TSR)
Committees: Audit, Capital Allocation

LOGITECH INTERNATIONAL SA (LOGI)
Riet Cadonau ( 1.4 yrs; -35.6% TSR)
Committees: Compensation

LOGITECH INTERNATIONAL SA (LOGI)
Neil D Hunt ( 12.7 yrs; 11.5% TSR)
Committees: Compensation, Technology and Innovation

LUMEN TECHNOLOGIES INC (LUMN)
Jeffrey K Storey ( 5.0 yrs; -3.5% TSR)
Committees: Risk and Security

MANDIANT INC (MNDT)
Arthur W Coviello Jr ( 1.8 yrs; 27.4% TSR)
Committees: Special Committee

MANDIANT INC (MNDT)
Sara C Andrews ( 2.1 yrs; 29.4% TSR)
Committees: Compensation, Nominating (and Governance)

MANDIANT INC (MNDT)
Adrian McDermott ( 3.6 yrs; 9.0% TSR)
Committees: Compensation

MANDIANT INC (MNDT)
Kimberly Alexy ( 7.7 yrs; -3.8% TSR)
Committees: Audit, Nominating (and Governance)

MANDIANT INC (MNDT)
Enrique T Salem ( 9.6 yrs; -5.8% TSR)
Committees: Compensation, Government Classified Information and Security

MANDIANT INC (MNDT)
Robert E Switz ( 5.0 yrs; 9.7% TSR)
Committees: Audit, Nominating (and Governance)

MANDIANT INC (MNDT)
Viral Patel ( 1.8 yrs; 27.4% TSR)
Committees: Special Committee

MARKETWISE INC (MKTW)
Elizabeth Townshend Burton ( 1.2 yrs; -62.5% TSR)

MARQETA INC (MQ)
Amy Chang ( 1.3 yrs; -66.4% TSR)

MAWSON INFRASTRUCTURE GROUP INC (MIGI)
Yosef Keret ( 4.8 yrs; -58.0% TSR)

NAUTICUS ROBOTICS INC (KITT)
Bill Richardson ( 1.2 yrs; -9.8% TSR)

PELOTON INTERACTIVE INC (PTON)
John Paul Foley ( 10.3 yrs; -24.8% TSR)

SONDER HOLDINGS INC (SOND)
Manon Brouillette ( .7 yrs; -87.8% TSR)

SUMO LOGIC INC (SUMO)
William D Jenkins Jr ( 4.5 yrs; -39.7% TSR)

TABULA RASA HEALTHCARE INC (TRHC)
Orsula V Knowlton ( 8.3 yrs; -16.7% TSR)
Committees: Corporate Governance

TABULA RASA HEALTHCARE INC (TRHC)
Gordon Tunstall ( 8.3 yrs; -16.7% TSR)
Committees: Audit, Compensation, Corporate Governance, Nominating (and Governance)

TABULA RASA HEALTHCARE INC (TRHC)
Calvin H Knowlton ( 8.3 yrs; -16.7% TSR)

TALKSPACE INC (TALK)
Charles Berg ( 1.3 yrs; -77.5% TSR)

THOR INDUSTRIES INC (THO)
James L Ziemer ( 11.8 yrs; 10.6% TSR)
Committees: Audit, Environmental, Social, Governance and Nominating, Nominating (and Governance)

WISDOMTREE INVESTMENTS INC (WETF)
Susan J Cosgrove ( 3.4 yrs; -7.4% TSR)
Committees: Audit, Nominating (and Governance)

XENCOR INC (XNCR)
Yujiro S Hata ( 7.2 yrs; 4.5% TSR)
Committees: Audit, Nominating (and Governance)

Recent Analysis

Daily SPAC Update – December 10, 2024

Jackson Acquisition II $200M IPO (Jackson I Liquidated). APXI Shareholders Approve Extension w/ 5M Redemptions. HCVI Merger Amendment. SLAMF Vote Adjourned and IVCB Vote Postponed. 

Daily SPAC Update – December 9, 2024

TCHP + Coincheck Deal Approved. GLLI, INAQ, ESHA Shareholders Approve Extensions. DP Cap Acquisition  (DPCS) Dismisses Accountant. SLAM and BRKH Extension Votes.

Daily SPAC Update – December 4, 2024

Global Star (GLST) Extension Approved. APXI Extension Vote Today. ATMC Updates Trust Numbers. LATG Deal Vote Set for Dec 23. ATMV, SHAP, TRON, INAQ Set Extension Votes.

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