Cott Corporation today announced the retirement of Neal Cravens and appointment of Jay Wells as its Chief Financial Officer, effective March 20, 2012. Mr. Cravens will remain with Cott until the end of 2012 to ensure an efficient transition.
“We are very thankful for the many contributions Neal made during a period of transformational change at Cott,” said Mr. Fowden. “Neal was instrumental in completing the Cliffstar acquisition, as well as assisting with the refinancing of Cott’s debt. I wish Neal all the best during his retirement,” continued Mr. Fowden.
Mr. Wells, 49, joins Cott from Molson Coors where he held various senior finance positions over the last seven years, including Chief Financial Officer of Molson Coors Canada, a subsidiary of Molson Coors Brewing Company, and Global Vice President, Treasury, Tax, and Strategic Finance of Molson Coors Brewing Company. A former partner with Deloitte, Mr. Wells is a certified public accountant with extensive expertise in financial planning and analysis, capital markets, domestic and international tax planning, foreign currency management and strategic transactions. Mr. Wells holds a law degree from Villanova University School of Law and is a graduate of Albright College, with a Bachelor of Science degree in Accounting.
“We are pleased to welcome Jay who brings with him a thorough knowledge of finance, tax and strategic planning that is critical to a growing, global beverage company like Cott,” said Jerry Fowden, Cott’s Chief Executive Officer. “With his strong financial acumen, strategic sense and extensive business experience, Jay is the perfect fit for our operations- and customer-focused culture and should help us achieve both our short- and long-term goals,” continued Mr. Fowden.
Wells was formerly a Deloitte tax partner.
About Cott Corporation Cott is the world’s largest retailer brand beverage company. With approximately 4,000 employees, Cott operates soft drink, juice, water and other beverage bottling facilities in the United States, Canada, the U.K. and Mexico. Cott markets non-alcoholic beverage concentrates in over 50 countries around the world.
Manoj has more than 20 years’ experience in a variety of sectors. He qualified as a Chartered Accountant with Price Waterhouse and has held senior international finance and commercial positions with Cable & Wireless. Before joining TNT Post UK he was CFO of a private equity backed technology business.
Married with one daughter, Manoj enjoys swimming and going to the gym in his spare time.
Commenting on the appointment, Nick Wells, chief executive, TNT Post UK, said:
“We are delighted that Manoj has joined the senior team here at TNT Post UK and we look forward to working with him as we continue our spectacular growth in the postal sector based upon our dedication to high quality and innovative services that meet the needs of both the private and public sector.”
Jonathan Chadwick has joined Skype as their new CFO. He was previously with McAfee, where he was the Executive Vice President and Chief Financial Officer.
Prior to McAfee, Jonathan spent 13 years in various finance roles at Cisco Systems. He oversaw Cisco’s finance teams for the service provider, enterprise, commercial, small business, and consumer customer segments. In addition, he headed teams that lead business architecture planning and new business model introduction across Cisco.
Jonathan is a Chartered Accountant in England and holds an honors degree in electrical and electronic engineering from the University of Bath, UK.
NVIDIA announced yesterday that David White, chief financial officer (CFO), has resigned from the company for personal reasons. He will remain an employee until May 31, 2011.
Karen Burns, 43, who currently serves as corporate controller and vice president of tax, will serve as interim CFO. Previously, she served for 10 years as head of NVIDIA’s tax department, holding a variety of titles.
“I want to thank David for his many contributions to NVIDIA,” said Jen-Hsun Huang, NVIDIA president and chief executive officer. “I’m grateful for the counsel and leadership he has provided. Karen is a broadly respected veteran of NVIDIA and knows our business well. Her experience, her understanding of our business and her leadership will be a tremendous asset to us during this transition.”
Prior to NVIDIA, Burns served nine years in tax and audit roles with KPMG, a global public accounting firm, in its Atlanta, London and Silicon Valley practices. She holds bachelor’s and master’s of accounting degrees from Florida State University.
NVIDIA (NASDAQ: NVDA) awakened the world to the power of computer graphics when it invented the GPU in 1999. Since then, it has consistently set new standards in visual computing with breathtaking, interactive graphics available on devices ranging from tablets and portable media players to notebooks and workstations. NVIDIA’s expertise in programmable GPUs has led to breakthroughs in parallel processing which make supercomputing inexpensive and widely accessible. The Company holds more than 1,800 patents worldwide, including ones covering designs and insights that are essential to modern computing.
Watson Pharmaceuticals, Inc, a global integrated pharmaceutical company, has announced that R. Todd Joyce has been promoted to Executive Vice President, Chief Financial Officer.
Mr. Joyce was appointed Senior Vice President, Chief Financial Officer of Watson in October 2009. He joined Watson in 1997 as Corporate Controller and was named Vice President, Corporate Controller and Treasurer in 2001. During the periods October 2006 to November 2007 and from July 2009 until October 2009, Mr. Joyce served as interim Principal Financial Officer.
Prior to joining Watson, Mr. Joyce served as Vice President of Tax from 1992 to 1996 and as Vice President of Tax and Finance from 1996 until 1997 at ICN Pharmaceuticals. Prior to ICN Pharmaceuticals, Mr. Joyce served as a Certified Public Accountant with Coopers & Lybrand and Price Waterhouse. He received a B.S. in Business Administration from the University of North Carolina at Chapel Hill in 1983 and a M.S. in Taxation from Golden State University in 1992.
Watson Pharmaceuticals, Inc. is a global integrated pharmaceutical company. The Company is engaged in the development, manufacturing, marketing and distribution of generic pharmaceuticals and specialized branded pharmaceutical products focused on Urology and Women’s Health. Watson has operations in many of the world’s established and growing international markets.
AT&T Inc. has announced that Rick Lindner, chief financial officer, will retire effective June 1, 2011.
He will be replaced by AT&T Controller John Stephens, a 19-year company veteran. Lindner has served as chief financial officer for the company since 2004, and he previously was chief financial officer for Cingular Wireless, the joint wireless venture between SBC and BellSouth.
“Rick is a world-class CFO who has done a remarkable job of positioning AT&T as one of the most financially strong companies in telecom,” said Randall Stephenson, AT&T chairman and chief executive officer. “Rick and John have worked together closely for more than 15 years, and we expect a seamless transition.”
Since 2001, Stephens has served as controller for AT&T, where his responsibilities have included financial reporting and operations, business planning and accounting policy. Previously he served as vice president — taxes, where he oversaw all corporate tax matters for the company. Mr. Stephens earned his B.S.B.A. degree in accounting from Rockhurst College in Kansas City, Mo. and holds a J.D. degree from the St. Louis University School of Law.
American International Group, Inc. (AIG) yesterday announced that Jeffrey M. Farber has been named Senior Vice President, Deputy Chief Financial Officer. In this new position, Mr. Farber will provide global leadership and coordination for AIG’s Controllership and Accounting Policy functions, as well as the AIG Global Tax Department. He reports to David L. Herzog, AIG Executive Vice President and Chief Financial Officer.
“Jeff Farber is well prepared to help take these key AIG finance functions to an even higher level,” said Mr. Herzog. “Over the past several years the finance team has worked diligently through an extraordinarily complex restructuring, and this new role provides Jeff with an opportunity to lead a great team and work closely with the finance transformation team as we roll out our new financial platform.”
Mr. Farber most recently served as Executive Vice President – Finance and Corporate Development and Chief Financial Officer at Gamco Investors. Before that, he was Senior Vice President, Finance, and Controller at Bear Stearns, and an Audit Partner at Deloitte and Touche. Mr. Farber received his M.B.A. from New York University and holds a B.S. in Accounting from Lehigh University.
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
Binswanger has announced the promotion of Beth Ganss to Chief Financial Officer for the Binswanger Companies.
Ms. Ganss joined the company in February 2010 as Vice President of Taxation and brings over 20 years of financial and operations experience to Binswanger. She will have responsibility for all corporate, financial, and administrative policies and procedures.
“We have been delighted to find that Beth stepped up during difficult times to take responsibilities for the management of the company’s life blood, its cash flow. She has been instrumental in helping to better organize the receipts and payments and has created excellent lines of communication, not only inside the company, but with our vendors as well.” said David R. Binswanger, President and Chief Executive Officer of Binswanger.
Prior to joining Binswanger, Ms. Ganss served as Director – Tax Services at RSM McGladrey, Inc. where she was primarily responsible for foreign FAS 109-Accounting for Income Taxes at a large international client corporation. Her extensive financial background includes tax management positions at Clifton Gunderson LLP and at D. Crowley & Company, P.C., a public accounting firm that she co-founded in 1998.
Ms. Ganss earned a Bachelor of Arts in English from Lafayette College, received a second degree in Accounting from Ursinus College, and achieved a Masters of Taxation from Villanova University.
Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia.