Content about CFO

April 11, 2014

Ian Read, chairman and CEO of Pfizer, was elected chairman of the Pharmaceutical Research and Manufacturers of America at the trade association’s annual meeting.

WASHINGTON — Ian Read, chairman and CEO of Pfizer, Inc, was elected chairman of the Pharmaceutical Research and Manufacturers of America Friday at the trade association’s annual meeting. Also elected were Kenneth Frazier, chairman, president and CEO of Merck, as chairman-elect of the PhRMA board of directors, and George Scangos, CEO of Biogen Idec, as board treasurer.

Read succeeds Robert Hugin, chairman and CEO of Celgene Corp., as PhRMA’s chairman.

March 28, 2014

Fred's Super Dollar will be exiting a number of front-end categories — including footwear, televisions/home theater and select home furnishings — in an effort to expand seasonal, health, beauty, pharmacy and OTC, in line with reconfiguration plan strategies, Fred's CFO Jerry Shore told analysts Thursday.

MEMPHIS, Tenn. — Fred's Super Dollar will be exiting a number of front-end categories — including footwear, televisions/home theater and select home furnishings — in an effort to expand seasonal, health, beauty, pharmacy and OTC, in line with reconfiguration plan strategies, Fred's CFO Jerry Shore told analysts Thursday. 

March 7, 2014

Big Lots has elevated CFO Timothy A. Johnson to EVP. CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company

COLUMBUS, OH — Big Lots has elevated CFO Timothy A. Johnson to EVP, CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis and investor relations.

February 25, 2014

AB Acquisition LLC, which operates Albertson’s LLC and New Albertson’s Inc., has appointed Rick Navarro, who had been the company’s CFO since its inception in 2006, as chief administrative officer. Succeeding Navarro as the company’s CFO is former Nash Finch executive Robert Dimond.

BOISE, Idaho — AB Acquisition LLC, which operates Albertson’s LLC and New Albertson’s Inc., has appointed Rick Navarro, who had been the company’s CFO since its inception in 2006, as chief administrative officer. Succeeding Navarro as the company’s CFO is former Nash Finch executive Robert Dimond.

In his new role, Navarro will oversee the IT, legal, business development, human resources and public affairs functions.

January 30, 2014

Elizabeth Arden has appointed former Procter & Gamble executive Rod Little to serve as EVP and CFO, effective April 1.

NEW YORK — Elizabeth Arden has appointed former Procter & Gamble executive Rod Little to serve as EVP and CFO, effective April 1.

January 22, 2014

Coty has appointed Catia Cesari as SVP business development, mergers and acquisitions, effective Feb. 1.

NEW YORK — Coty Inc. has appointed Catia Cesari as SVP business development, mergers and acquisitions, effective Feb. 1. Cesari will join Coty's Executive Committee and will report jointly to CEO Michele Scannavini and CFO Patrice de Talhouët.

January 10, 2014

Regional discount retailer Fred’s is making some big changes to its merchandising and operations groups to begin 2014 and has retained several firms to review strategic opportunities.

Regional discount retailer Fred’s is making some big changes to its merchandising and operations groups to begin 2014 and has retained several firms to review strategic opportunities.

January 9, 2014

Amneal Pharmaceuticals has appointed Rochelle Fuhrmann as CFO, the generic drug maker said Thursday.

BRIDGEWATER, N.J. — Amneal Pharmaceuticals has appointed Rochelle Fuhrmann as CFO, the generic drug maker said Thursday.

Fuhrmann was formerly SVP finance at Warner Chilcott, where she was responsible for the oversight and direction of the finance and accounting functions, including corporate accounting, financial planning and analysis, tax, treasury, risk management, internal audit and investor relations. She began working at Warner Chilcott in June 2006 and was promoted to SVP in January 2011.

December 4, 2013

Global beauty company Coty has appointed Patrice de Talhouet as CFO, effective early 2014.

NEW YORK — Global beauty company Coty has appointed Patrice de Talhouet as CFO, effective early 2014.

He succeeds Sergio Pedreiro, who will stay on at Coty through March 2014 to provide a seamless transition, as well as to complete Coty's fiscal 2014 second quarter earnings release.

December 3, 2013

Paula Price is stepping down as Ahold USA's EVP and CFO, the supermarket operator said Tuesday.

CARLISLE, Pa. – Paula Price is stepping down as Ahold USA's EVP and CFO, the supermarket operator said Tuesday.

November 26, 2013

Stater Bros. has promoted David Harris to EVP finance, the southern California supermarket chain said.

SAN BERNARDINO, Calif. — Stater Bros. has promoted David Harris to EVP finance, the southern California supermarket chain said.

Harris began working for the chain in 2009 as VP finance and was promoted to SVP finance in 2011. A year later, he was promoted to CFO and principal accounting officer. Before working for Stater Bros., he was a partner with Ernst & Young in Riverside and Irvine, both cities near San Bernardino, Calif., where Stater Bros. is headquartered.

October 24, 2013

Coupons.com on Thursday announced the appointment of former Safeway executive Mir Aamir as the company’s CFO and COO. He will oversee all financial and accounting functions.

MOUNTAIN VIEW, Calif. — Coupons.com on Thursday announced the appointment of former Safeway executive Mir Aamir as the company’s CFO and COO. He will oversee all financial and accounting functions.  

The roles are presently managed by Richard Hornstein, the company’s CFO and general counsel. Hornstein will continue in the role of general counsel and chief legal officer, a role he has held for the past two-and-a-half years. Aamir, in addition to the finance functions, will also oversee the company’s operations and the international business.

October 24, 2013

GelStat Corp. on Wednesday announced that it has closed the acquisition of CBD Life Sciences.

PALM CITY, Fla. — GelStat Corp. on Wednesday announced that it has closed the acquisition of CBD Life Sciences.

Concurrent with the closing of the transaction, Larry Gershman has been appointed as CEO and chairman. Gerald Kieft, the company's prior CEO, will assume the position of CFO and be appointed to the board. 

October 1, 2013

McKesson on Monday announced James Beer will join the company as EVP and CFO on Oct. 9. Beer will be responsible for overseeing all financial functions for McKesson and replaces Jeff Campbell, who left the company in June 2013 to become CFO of American Express Co.

SAN FRANCISCO — McKesson on Monday announced James Beer will join the company as EVP and CFO on Oct. 9. Beer will be responsible for overseeing all financial functions for McKesson and replaces Jeff Campbell, who left the company in June 2013 to become CFO of American Express Co. Beer will also join McKesson’s executive committee. 

September 19, 2013

Rite Aid posted its fourth-consecutive profitable quarter Thursday as it reached a milestone in its store conversions and saw growth in the latest expansion to its loyalty program.

CAMP HILL, Pa. — Rite Aid posted its fourth-consecutive profitable quarter Thursday as it reached a milestone in its store conversions and saw growth in the latest expansion to its loyalty program.

August 22, 2013

Elizabeth Arden, whose portfolio includes such celebrity fragrance brands as Britney Spears, Elizabeth Taylor and Justin Bieber, has announced the resignation of its EVP and CFO Stephen Smith, effective Sept. 1. Smith is leaving the company to serve as EVP and CFO of the Hain Celestial Group.

NEW YORK — Elizabeth Arden, whose portfolio includes such celebrity fragrance brands as Britney Spears, Elizabeth Taylor and Justin Bieber, has announced the resignation of its EVP and CFO Stephen Smith, effective Sept. 1. Smith is leaving the company to serve as EVP and CFO of the Hain Celestial Group.

Elizabeth Arden is now searching for a new CFO.

July 24, 2013

Supervalu named Bruce Besanko as the company’s EVP and CFO, effective Aug. 7.

EDEN PRAIRIE, Minn. — Supervalu on Wednesday named Bruce Besanko as the company’s EVP and CFO, effective Aug. 7.

Besanko joins Supervalu from OfficeMax, where he was EVP finance, CFO and chief administrative officer. “Having worked with him during a successful turnaround at OfficeMax, I know firsthand of his talent, financial acumen, commitment to success and overall work ethic — all of which will be critical as we continue our rebuilding efforts here at Supervalu," stated Supervalu president and CEO Sam Duncan. 

July 15, 2013

The Consumer Healthcare Products Association announced that Lisa Murphy Early will join the association as VP finance and administration and CFO.

WASHINGTON — The Consumer Healthcare Products Association on Monday announced that Lisa Murphy Early will join the association as VP finance and administration and CFO. 

“Lisa is a highly experienced association executive with extensive financial, managerial and strategic planning experience in the non-profit and for-profit sectors,” stated CHPA president and CEO Scott Melville. 

July 8, 2013

Medical products manufacturer Becton, Dickinson and Co. has appointed Christopher Reidy as its CFO, the company, more commonly known as BD, said Monday.

FRANKLIN LAKES, N.J. — Medical products manufacturer Becton, Dickinson and Co. has appointed Christopher Reidy as its CFO, the company, more commonly known as BD, said Monday.

BD said Reidy, who will also assume the position of EVP administration on July 15, will report to chairman, CEO and president Vincent Forlenza. Reidy replaces Suketu Upadhyay, who has served as acting CFO since November 2012. Upadhyay will become SVP finance, also effective July 15.

June 26, 2013

New York — Former Duane Reade CEO Anthony Cuti and CFO William Tennant failed in an attempt to have their 2010 convictions for securities fraud overturned. The Second U.S. Circuit Court of Appeals in New York upheld a June 2010 federal jury decision to find Cuti and Tennant guilty of providing misleading earnings information to shareholders and private equity group Oak Hill Capital partners, which purchased Duane Reade in 2004, between 2000 and 2004.

June 21, 2013

McKesson has announced that Jeffrey C. Campbell, EVP and CFO, will leave the company at the end of June to become the CFO of American Express.

SAN FRANCISCO — McKesson has announced that Jeffrey C. Campbell, EVP and CFO, will leave the company at the end of June to become the CFO of American Express.

Campbell has served McKesson as CFO since 2003, playing an instrumental role in extending the company’s leadership in healthcare services and information technology, the company stated.

June 19, 2013

Revlon’s EVP and CFO, Steve Berns, will resign from the company, effective July 19, the beauty company announced in a filing with the Securities and Exchange Commission.

NEW YORK — Revlon’s EVP and CFO, Steve Berns, will resign from the company, effective July 19, the beauty company announced in a filing with the Securities and Exchange Commission.

Revlon stated Berns’ resignation is not the result of any issue or concern with the company’s accounting, financial reporting or internal control over financial reporting.

Berns is joining Tribune Co., a multimedia company, to serve as EVP and CFO, Revlon stated.

May 14, 2013

Royal Ahold has appointed Ben Wishart as group chief information officer, the Dutch supermarket operator said.

AMSTERDAM — Royal Ahold has appointed Ben Wishart as group chief information officer, the Dutch supermarket operator said Tuesday.

In the newly created position, Wishart will report to CFO Jeff Carr and will work out of the company's Amsterdam headquarters. He previously worked at U.K. food retailer Morrisons as chief information officer. Ahold operates the Stop & Shop, Giant-Landover and Giant-Carlisle supermarket chains in the United States, as well as the Peapod online grocery service.

May 14, 2013

Kroger announced two finance executive promotions that will be effective with their elections by Kroger's board of directors expected on June 27.

CINCINNATI — Kroger on Tuesday announced two finance executive promotions that will be effective with their elections by Kroger's board of directors expected on June 27. Scott Henderson has been named VP pension investment and strategy and Todd Foley has been named VP and treasurer. 

Henderson, 57, currently serves as Kroger's VP and treasurer, a position he has held since 2003. He will lead a new team that is responsible for overseeing nearly $12 billion of assets.

April 3, 2013

Supervalu announced additional changes at the senior level as Sam Duncan, Supervalu president and CEO, finalizes his executive leadership team.

MINNEAPOLIS — Supervalu on Wednesday announced additional changes at the senior level as Sam Duncan, Supervalu president and CEO, finalizes his executive leadership team.

Sherry Smith, EVP and CFO, will leave the company at the end of May. Smith has served as the company’s CFO since her appointment in December 2010. She has spent 26 years with Supervalu and previously served as SVP, finance. The company plans to announce a new CFO at a later date.