Keeping Track of Finance Executives

H. Clifford Buster III is the new executive vice president and CFO at Dollar Thrifty Automotive Group Inc., the $1.8 billion car rental company based in Tulsa, Okla. Buster, 40, replaces Scott L. Thompson, 49, who was promoted to president and CEO after five months as senior executive vice president and CFO. Buster joins the company from offshore Helix Energy Solutions Group, where he was vice president of finance and treasurer since March 2006. Previously, Buster spent 10 years at Group 1 Automotive, a franchiser of car dealerships where he was vice president and treasurer in March 2006 when he left.

Michael McDonnell becomes the new executive vice president and CFO on Nov. 17 at Intelsat Ltd., the $1.7 billion provider of fixed satellite services based in Pembroke, Bermuda. McDonnell, 44, succeeds David McGlade, 47, who became interim CFO in addition to CEO after Jeffrey P. Freimark, 53, resigned on June 5 to become CEO at Miami Jewish Home and Hospital. McDonnell joins the company after four years at MCG Capital, a commercial finance company, where he served as COO since August 2006 and as executive vice president, CFO and treasurer since September 2004. Previously, McDonnell was CFO at EchoStar Communications, a satellite television operator now known as DISH Network.

Joseph H. Ceryanec takes on the role of vice president and CFO at Meredith Corp., the $1.6 billion media and marketing company based in Des Moines, Iowa. Ceryanec, 47, replaces Suku V. Radia, 56, who resigned in February to become president of Bankers Trust. Ceryanec joins the company from PAETEC, a telecommunications company, where he was Central Region president since February 2008. Prior to PAETEC's acquisition of McLeodUSA, another telecommunications company, Ceryanec was McLeodUSA's group vice president and CFO from August 2005 to February 2008 and its controller and treasurer from September 1996 to August 2005.

Craig E. Gifford resigned on Oct. 27 as executive vice president, chief accounting officer and controller at Guaranty Financial Group Inc., the $1.2 billion holding company for Guaranty Bank based in Austin, Texas, to assume the same position at a larger financial institution. Gifford, 39, joined the company in 2003 as controller and became executive vice president and chief accounting officer in 2007. Ronald D. Murff, 54, will serve as the company's interim principal accounting officer in addition to senior executive vice president and CFO.

Domenic N. Golato takes on the role of interim CFO at Foamex International Inc., the $1.2 billion polyurethane foam manufacturer based in Media, Pa. Golato, 53, succeeds Robert M. Larney, 56, who resigned as executive vice president and CFO on Oct. 7 to pursue an opportunity in another industry. Most recently, Golato was CFO at WPT, a developer of software and hardware for power quality products. From 2000 to 2004, Golato was senior vice president and CFO at IGI Industries, now IGI, maker of cosmetics and skin care products.

Kevin P. Bagby will resign as vice president of finance, CFO, treasurer and secretary on Nov. 3 at FreightCar America Inc., the $817 million manufacturer of railroad freight cars based in Chicago, Ill., to accept a position at another company. Bagby, 56, has held his current position since joining the company in November 2004. Previously, he served nine years as vice president and CFO at Stoneridge, a maker of electrical and electronic components, modules, and systems for cars, medium- and heavy-duty trucks and agricultural equipment. A search for Bagby's successor is under way.

Dennis V. Arriola becomes the new senior vice president and CFO on Nov. 10 at SunPower Corp., the $774.8 million manufacturer of solar cells and panels based in San Jose, Calif. Arriola, 47, replaces Emmanuel T. Hernandez, 52, who will retire. Arriola joins the company after 14 years at Sempra Energy, a San Diego-based natural gas distributor. Most recently Arriola was senior vice president and CFO at San Diego Gas & Electric and Southern California Gas Co., Sempra Energy's California regulated utilities, since 2006.

Michael E. Dulberg moves up to executive vice president and CFO at Corus Bankshares Inc., the $736.6 million bank holding company headquartered in Chicago, Ill. Dulberg, 43, succeeds Tim H. Taylor, also 43, who resigned on Oct 6. after 12 years in that position, citing personal reasons. Dulberg joined the company in 2000 as first vice president and chief accounting officer, and became senior vice president and chief accounting officer in 2004. Previously, Dulberg worked for six years at Kraft Foods, where he held a number of positions in corporate and operations finance as well as internal audit.

Sidney E. Anderson will be the new CFO on Nov. 7 at Hawker Beechcraft Corp., $586.5 million manufacturer of business, special-mission and trainer aircraft based in Wichita, Kansas. Anderson replaces James K. Sanders, who plans to move to a new position within the company. Anderson spent nine years at United Technologies, where most recently he was vice president of finance and treasury at its Hamilton Sundstrand division.

John O. Strek takes on the role of acting CFO at Journal Register Co., the $463.2 million media company based in Yardley, Pa. Strek, 47, succeeds Julie A. Beck, 45, who is resigning as executive vice president and CFO on Oct. 31 to pursue another opportunity. Strek is a managing director with Donway, Del Genio, Gries & Co. LLC, a financial and restructuring advisory firm. Before joining that firm in 2000, Strek was a partner in Ernst & Young's corporate finance group focusing on financial restructuring and mergers and acquisitions.


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