DirectorMoves
Wednesday, November 8, 2023 – Issue 1404
The Character of the Corporation 2023 November 30, 2023 @ The Metropolitan Club, New York City
Speakers: Jay Clayton, Glenn Hubbard, Ursula Burns, Mary Bush, Susan Salka, Michele Hooper, Herman Bulls, Nichelle Maynard-Elliott… Plus many more!
Director and CEO Moves
Exxon Mobil (NYSE: XOM) $412.b TX Ms. Dina Powell McCormick joins Board VChair Pres- Client Srvs BDT & MSD Ptnrs x- Goldman Sachs x- x- White House Presidential Personnel Ass't
3M (NYSE: MMM) $51.4b MN Thomas Sweet joins Board x- Dell Technologies CFO
Nasdaq (NASDAQ: NDAQ) $24.6b NY Holden Spaht joins Board Mng Ptnr Thoma Bravo via Acq Adenza Hldgs
Jabil (NYSE: JBL) $16.2b FL Thomas Sansone retires from Board was VCOB x- company President / Jamie Siminoff, Tiger Tyagarajan joins Board / Siminoff Fndr Chief Inventor Ring / Tyagarajan CEO Genpact
Biomarin Pharmaceutical (NASDAQ: BMRN) $14.9b CA Alexander Hardy named CEO joins Board x- Roche Grp- CEO Genentech succeeds Jean-Jacques Bienaime continues on Board
Turnover at the Top: Are Boards Ready? By Melanie C. Nohen
Turnover risk among senior leadership teams is a top concern in boardrooms, according to Corporate Board Member’s latest director survey, conducted in partnership with governance consultancy Farient Advisors. We asked directors what worries them most—and what they’re doing about it. Some insights.
Celanese (NYSE: CE) $13.0b TX Scott Richardson promoted to COO was CFO
Zebra Technologies (NASDAQ: ZBRA) $10.5b IL Richard Hudson promoted to Chief Revenue Officer was SVP GM EMEA succeeds Joachim Heel
HF Sinclair (NYSE: DINO) $10.1b TX Michael Jennings resigns from Board x- company- CEO
Bellring Brands (NYSE: BRBR) $5.91b MO Robert Vitale takes medical leave as ExCOB
Post Hldgs (NYSE: POST) $5.10b MO Robert Vitale takes medical leave as CEO / Jeff Zadoks appt interim- CEO continues as COO was CFO
Since January 1, 2023: All Boards: Women +118 ~ Men -146: Boards Mkt Cap $5b+: Women +73 ~ Men -26
AAON (NASDAQ: AAON) $4.71b OK Matt Tobolski promoted to COO was Div Pres- BasX succeeds Stephen Wakefield continues as EVP / Dave Benson promoted to Div Pres- BasX
Dutch Bros (NYSE: BROS) $4.67b OR David Cone, Sean Sullivan join Board / Cone x- Taylor Morrison Home CFO / Sullivan Duckhorn Portfolio Chief Strategy and Legal Officer succeed Ms. Shelley Broader, Charles Esserman
Hostess Brands (NASDAQ: TWNK) $4.43b KS Acq by JM Smucker x- BM- Jerry Kaminski, Andrew Callahan, Ms. Olu Beck, Laurence Bodner, Ms. Gretchen Crist, Ms. Rachel Cullen, Hugh Dineen, Ioannis Skoufalos, Craig Steeneck
Assured Guaranty (NYSE: AGO) $3.77b Bermuda Robert Bailenson promoted to COO was CFO
Synaptics (NASDAQ: SYNA) $3.53b CA Saleel Awsare resigns as SVP GM Enterprise & Mobile
Links to Board & C-suite Openings: We track potential Board Openings Two-ways: Highlighted Companies are not compliant with Glass Lewis policy recommending 30% gender diversity. And Boards with Directors over 70 with NO recent appointments.
Guardant Health (NASDAQ: GH) $3.37b CA Ms. Ines Dahne-Steuber resigns as COO
Earthstone Energy (NYSE: ESTE) $2.98b TX Acq by Permian Resources x- BM- Robert Anderson, Frank Lodzinski, Frost Cochran, David Habachy, Jay Joliat, Phillip Kramer, Ray Singleton, Doug Swanson, Brad Thielemann, Zachary Urban, Robert Zorich
Crestwood Equity Partners LP (NYSE: CEQP) $2.97b TX Acq by Energy Transfer LP x- BM- Robert Phillips, Warren Gfeller, Ms. Janeen Judah, David Lumpkins, Ms. Angela Minas, Gary Reaves, John Sherman, Ms. Frances Vallejo, Clay Williams
Werner Enterprises (NASDAQ: WERN) $2.36b NE Ms. Michelle Greene joins Board Chief Info Cardinal Health succeeds Ken Bird CEO Avenue Scholars Foundation
Bumble (NASDAQ: BMBL) $1.78b TX Ms. Lidiane Jones named CEO joins Board x- Slack Technologies CEO succeeds Ms. Whitney Wolfe Herd continues as ExCOB company- CoFndr
Fisker (NYSE: FSR) $1.56b CA David King promoted to Chief Technology Officer succeeds Burkhard Huhnke
Cracker Barrel Old Country Store (NASDAQ: CBRL) $1.47b TN Ms. Julie Masino joins Board company- CEO
Air Transport Srvs Grp (NASDAQ: ATSG) $1.11b OH Joseph Hete named CEO continues as COB x- company- CEO succeeds Richard Corrado
Morphic (NASDAQ: MORF) $1.08b MA Praveen Tipirneni takes medical leave as CEO BM
Adeia (NASDAQ: ADEA) $.951b CA Ms. Phyllis Turner-Brim joins Board Deputy GC HP Products, Services & Brand Security x- Starbucks, Honeywell, Walmart Stores
Trupanion (NASDAQ: TRUP) $.949b WA Richard Enthoven joins Board BM- Greenstone, PetSure x- Hollard Insurance CEO
Beyond (NYSE: BYON) $.733b UT Jonathan Johnson departs as CEO and from Board
SES AI (NYSE: SES) $.663b MA Anirvan Coomer joins Board succeeds Kent Helfrich / General Motors Ventures Designees
Evolv Technologies (NASDAQ: EVLV) $.623b MA Rajan Naik, David Gonzales joins Board / Naik SVP Strategy & Ventures Motorola / Gonzales x- Inmar Intelligence CEO succeeds John Kedzierski / Motorola Solutions Designee
Stem (NYSE: STEM) $.531b CA Ira Birns joins Board CFO World Fuel Srvs, Arrow Electronics
Theravance Biopharma (NASDAQ: TBPH) $.513b Ireland Richard Graham departs as SVP R&D
Harrow (NASDAQ: HROW) $.500b TN Lawrence Van Horn resigns from Board CEO Preverity
Crawford & Co (NYSE: CRD.A) $.448b GA Fred Donner joins Board BM- Global Indemnity Grp x- FTI Consulting Sr Mng Dir Global Insurance Practice, Travelers
Sleep Number (NASDAQ: SNBR) $.356b MN Ms. Hilary Schneider, Stephen Macadam join Board / Schneider BM- DigitalOcean, Getty Images, Vail Resorts x- Shutterfly CEO / Macadam BM- Atmus Filtration, Veritiv x- EnPro CEO / Re Stadium Capital Agreement
Arbutus Biopharma (NASDAQ: ABUS) $.309b PA William Collier retires as CEO and from Board
Tabula Rasa HealthCare (NASDAQ: TRHC) $.284b Acq by ExactCare x- BM- Brian Adams, Ms. Samira Beckwith, Dennis Helling, Ron Mitchell, Ms. Kathrine O’Brien, Michael Purcell, Derek Schrier, Jonathan Schwartz, Ms. Pam Schweitzer
Mayville Engineering (NYSE: MEC) $.246b WI Rand Stille departs as COO
Forum Energy Technologies (NYSE: FET) $.239b TX Ms. Emily Reichert retires from Board CEO Massachusetts Clean Energy Center
Oportun Financial (NASDAQ: OPRT) $.198b CA Carl Pascarella retires from Board
Lantronix (NASDAQ: LTRX) $.162b CA Saleel Awsare named CEO x- Synaptics SVP GM Enterprise & Mobile Div, Conexant CEO
CFO Moves
PepsiCo (NASDAQ: PEP) $229.b NY Jamie Caulfield promoted to CFO was CFO PepsiCo Foods NA succeeds Hugh Johnston
Walt Disney (NYSE: DIS) $153.b CA Hugh Johnston named CFO x- PepsiCo CFO, Merck, PepsiCo
Uber (NYSE: UBER) $102.b CA Prashanth Mahendra-Rajah promoted to CFO was SVP Finance x- Analog Devices CFO succeeds Nelson Chai
Celanese (NYSE: CE) $13.0b TX Chuck Kyrish promoted to CFO was VP Finance succeeds Scott Richardson promoted to COO
Chemed (NYSE: CHE) $8.85b OH David Willaims retires as CFO
Selective Insurance (NASDAQ: SIGI) $6.28b NJ Anthony Harnett appt interim- CFO continues as CAO
Assured Guaranty (NYSE: AGO) $3.77b Bermuda Benjamin Rosenblum promoted to CFO was Chief Actuary succeeds Robert Bailenson promoted to COO
Stepstone Grp (NASDAQ: STEP) $3.11b NY David Park promoted to CFO was CAO x- PwC succeeds Johnny Randel / Anthony Keathley promoted to CAO was Mng Dir Financial Reporting & Consolidation x- EY
Array Technologies (NASDAQ: ARRY) $2.75b NM Kurt Wood named CFO x- Berkeley Lights CFO, Micron Technology, DriveTime, True North Venture succeeds Nipul Patel
PGT Innovations (NYSE: PGTI) $1.81b FL Craig Henderson promoted to CFO was interim- CFO, VP Finance x- Trex Co
Fisker (NYSE: FSR) $1.50b CA Florus Beuting named CAO x- PLBY Grp CAO, NBCUniversal Media Controller, EY
Sphere Entertainment (NYSE: SPHR) $1.28b NY Gautam Ranji resigns as CFO
Nextdoor (NYSE: KIND) $.693b CA Michael Doyle resigns as CFO
Computer Programs and Systems (NASDAQ: CPSI) $.196b AL Vinay Bassi named CFO x- Nielsen Div CFO, Avaya, PwC succeeds Matt Chambless
CPI Card Grp (NASDAQ: PMTS) $.163b CO Ravi Mallela joins Board CFO NMI Hldgs x- First Hawaiian Bank, First Republic Bank
General Counsel Moves
Celanese (NYSE: CE) $13.0b TX Ms. Ashley Duffie promoted to GC was Chief Procurement Officer, Pres- GC Asia Pacific China
Adeia (NASDAQ: ADEA) $.951b CA Ms. Phyllis Turner-Brim joins Board Deputy GC HP Products, Services & Brand Security x- Starbucks, Honeywell, Walmart Stores
Text © copyright 2023: Published in 2023 by George Fleck all rights reserved. No portion of this report may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, mechanical, electronic, photocopying, recording, or otherwise without the written permission from the publisher.
DirectorMoves: Published by G. Fleck / Board Services / Questions: George Fleck gfleck@gfleckboardservices.com / LinkedIn Profile / 30-day FREE subscription for New Subscribers.