Michael W. Upchurch moves up to executive vice president and CFO at Kansas City Southern, the $1.7 billion transportation holding company based in Missouri.Upchurch, 47, replaces Patrick J. Ottensmeyer, 50, who was named executive vice president for sales and marketing. Upchurch joined the company in March as senior vice president for financial management and purchasing of its primary U.S. holding, The Kansas City Southern Railway Co. From December 2007 to February 2008 Upchurch was senior vice president of finance at Red Development, and from September 2006 to December 2007 he worked as an independent financial consultant. Previously, he spent 16 years at Sprint Nextel.
Kyle D. Lorentzen has added interim CFO to the title of COO at Noranda Aluminum Holding Corp., the $1.4 billion producer of value-added primary aluminum products based in Franklin, Tenn. Lorentzen, 42, succeeds Richard J. Anderson, 59, who retired on Oct. 31 after seven years as CFO of the company, which is owned by private equity firm Apollo Management LP. Lorentzen joined the company in May from Berry Plastics, another Apollo company, where he had been vice president of corporate development since April 2007. From February 2007 to April 2007 Lorentzen was vice president of strategic development at Covalence Specialty Materials until it merged with Berry Plastics.
Sheamus G. Toal moves up to executive vice president and CFO at New York & Co. Inc., the $1 billion specialty retailer based in New York. Toal, 39, replaces Ronald W. Ristau, 54, who resigned as president and CFO on Oct. 24 to pursue other opportunities. Toal was named executive vice president and chief accounting officer in April 2008 and had been senior vice president and chief accounting officer since 2007. He joined the company in 2004 as as vice president, controller and treasurer. Previously, he served as vice president and controller at specialty retailer Footstar.
Kenneth L. Young has added interim CFO to the title of treasurer at Huttig Building Products Inc., the $874.8 million distributor of building products based in St. Louis, Mo. Young, 57, takes over from David L. Fleisher, 46, who resigned on Oct. 17 as vice president, CFO and secretary to accept a position outside of the building products industry. Young joined Huttig as treasurer in July 2006. From August 2005 to December 2005 he served as finance director at Insituform Technologies, a provider of trenchless sewer rehabilitation, tunneling and industrial pipe linings.
Craig S. On moves up to executive vice president and CFO at UCBH Holdings Inc., the $751.9 million holding company of United Commercial Bank (UCB) based in San Francisco, Calif. On, 55, had been senior vice president and interim CFO since May 2008, when executive vice president and CFO Jonathan H. Downing, 58, died. A 21-year veteran of Deloitte & Touche LLP, On joined the company in June 2005 as senior vice president and controller and became senior vice president and deputy CFO in March 2008.
Kathy Redd moves up to vice president, controller and acting CFO at GenCorp Inc., the $745.4 million manufacturer of aerospace and defense products and systems based in Sacramento, Calif. Redd, 47, replaces Yasmin R. Seyal, 50, and R. Leon Blackburn, 62, who respectively resigned as senior vice president of finance and CFO and as vice president and controller to pursue other interests. Redd joined the company in 2002 as assistant controller and was promoted to vice president of finance in 2006.
Craig J. Laurie becomes the new CFO on Nov. 30 at Brookfield Homes Corp., the $583.3 million land developer and homebuilder based in Fairfax, Va. Laurie, 37, succeeds Paul G. Kerrigan, 40, who is retiring as executive vice president and CFO after 12 years with the company for personal reasons. Laurie joins the company from Crystal River Capital, a New York-based real estate investment trust (REIT), where he has been CFO and treasurer since April 2007. From June 2003 to March 2007 Laurie was CFO at Brookfield Properties, a Toronto, Canada-based commercial real estate company which spun off Brookfield Homes in January 2003.
Jack Pearlstein announced on Oct. 6 that he plans to retire as CFO, treasurer and assistant secretary at Solera Holdings Inc., the $539.8 million developer of software for the auto industry based in San Ramon, Calif. Pearlstein, 44, will stay to assist the company in its search for a successor, now underway. Pearlstein joined the company in April 2006. From September 2001 to November 2004 he served as CFO, treasurer and secretary at DigitalNet Holdings, Inc., a provider of network, security, information and application services to U.S. defense and intelligence agencies.
Martin A. Picciano is the new chief accounting officer at Syniverse Holdings Inc., the $377.5 million holding company of Syniverse Technologies, a provider of services and solutions for the telecommunications industry. Picciano, 42, replaces David W. Hitchcock, 47, who previously served as executive vice president, chief accounting officer and CFO and will continue as executive vice president and CFO. Picciano joined the company in August as senior vice president of finance from Global Payments, a payment processing and consumer money transfer company, where he was vice president and controller from February 2001 to May 2004.
Gysle R. Shellum becomes the new CFO on Nov. 11 at Petroleum Development Corp., the $305.2 million producer of natural gas based in Bridgeport, W.Va. Shellum, AGE, succeeds Richard W. McCullough, 57, who was promoted to president, CEO and vice chairman in March. Shellum joins the company from Dallas, Texas-based CrossTex Energy where he was vice president of finance and special products from September 2004 to September 2008. From March 2001 to September 2004, Shellum was a consultant to Value Capital, a Dallas-based private consulting firm.