Financial Executives: Keeping Track

DaVita, the Denver-based provider of kidney care services with $6.1 billion in 2009 revenue, named Luis Borgen CFO. He succeeds Rich Whitney, who is leaving the company. Borgen, 39, is joining DaVita from Staples, where he most recently served as senior vice president of finance for the U.S. retail division. In his 12 years at Staples, Borgen also worked as vice president of corporate finance and analysis and in treasury. Before joining Staples, he served for five years in the U.S. Air Force.

John Howard joins AllianceBernstein, the $3.5 billion investment management firm, as CFO and senior vice president. He succeeds Robert Joseph Jr., the New York-based firm's CFO since 1994, who is retiring at the end of the year. Howard, 40, most recently served as CFO and chief operating officer of AQR Capital Management. Before joining AQR in 2007, he spent almost a decade at Knight Capital Group, including as its CFO from 2003 to 2007.

Bank of the West, a San Francisco-based financial institution with $60 billion in assets and $3.5 billion in revenue, has appointed Duke Dayal CFO. He succeeds John Wojcik, who retired last fall after 18 years with the bank. Dayal, 45, joins Bank of the West from private equity firm Brysam Global Partners, where he was a managing director. Earlier, he worked for Citibank, where his positions included CFO of Citibank West, and Diageo, where he worked in finance.

James Perry has been promoted to CFO and vice president of Trinity Industries, a $2.5 billion company that operates in a number of different sectors. He succeeds William McWhirter, who has been named Group President of the Dallas-based company's construction products, inland barge and rail components businesses. Perry, 38, has served as Trinity's treasurer since 2005 and was named vice president of finance in 2007. Before joining Trinity in 2004, he worked in banking.

Penn Mutual Life Insurance Co., a $1.3 billion company in Horsham, Pa., named David O'Malley CFO and executive vice president. He succeeds Pete Vogt, who has left the company. O'Malley, 35, most recently was the company's executive vice president with oversight for product management, technology, client services and underwriting. Since joining Penn Mutual in 1994, he has also served as head of fixed income, chief risk officer and senior vice president of product management.

Jeff Fletcher was named vice president of financial operations for Appleton Papers, a $964 million maker of packaging products in Appleton, Wis. It is a new position for the company. Fletcher has served as the company's controller since joining Appleton in 2007. Pat Jermain will succeed Fletcher as controller. He has served as director of enterprise risk management since joining Appleton in 2006.

Federal Signal, a $752 million manufacturer of safety systems, fire rescue products and environmental solutions, named Charles Avery Jr. controller and vice president of information technology. As controller, he succeeds David Janek, who was named president of the company's safety and security systems group. Avery, 45, joined the company in 2005 as group vice president of finance for the environmental solutions unit.

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