From the April 2010 issue of Treasury & Risk magazine


Dow Chemical of Midland, Mich., has appointed William Weideman CFO and executive vice president. He succeeds Geoffrey Merszei, who was promoted to president of Dow Europe, Middle East and Africa in November. Weideman, 55, has served as interim CFO of $44.8 billion Dow since November and has been the company;s controller since 2006. In his 30 years with Dow, he has also served as group vice president for its basic chemicals and plastics business and finance vice president for chemicals and intermediates.

General Dynamics, the $31.9 billion defense contractor, has appointed Jason Aiken controller and vice president. He succeeds John Schwartz, the controller since 1998, who is retiring. Aiken, 37, has served as General Dynamic's staff vice president of accounting since 2006 and earlier was director of consolidation accounting. Before joining the Falls Church, Va.-based company in 2002, Aiken was an audit manager at Arthur Andersen, where he worked for a number of defense contractors, including General Dynamics.

Hartford Financial Services Group, the $24.7 billion insurance and investments company, hired Christopher Swift as CFO and executive vice president. He succeeds Lizabeth Zlatkus, who has been named chief risk officer of the company. Swift, 49, most recently was CFO and vice chairman of American Life Insurance Co., a unit of AIG. Earlier, he served as CFO of AIG's life insurance and retirement services units. Before joining AIG in 2003, Swift headed the global insurance industry practice at KPMG.

Devon Energy, a $15.2 billion oil and gas exploration and development company in Oklahoma City, has appointed Jeff Agosta CFO and executive vice president. The CFO position has been vacant since 2006. Agosta, 42, most recently served as senior vice president of corporate finance and treasurer. Before joining Devon in 1997, he worked for D.R. Payne, a management consulting company, and KPMG. Devon named Jeff Ritenour, 36, to succeed Agosta as senior vice president of corporate finance and treasurer.

Regions Financial Corp., a Birmingham, Ala.-based bank with $9 billion of 2009 revenues, named David Turner CFO. He replaces Irene Esteves, the CFO since 2008, who is leaving Regions to pursue other opportunities. Turner, 46, has led the internal audit department at the bank since 2006. Earlier, he was general auditor at AmSouth, which merged with Regions in 2006, and an audit partner at KPMG, where he worked with regional banks. Turner began his career at Arthur Andersen.

Mylan, a Pittsburgh-based pharmaceutical company with $5 billion of 2009 revenues, appointed John Sheehan CFO and executive vice president. Mylan's previous CFO, Jolene Varney, left the company in September after just a few months. Sheehan, 49, is joining Mylan from Delphi Automotive, where he most recently was CFO. In his eight years at Delphi, he had also served as chief restructuring officer, chief accounting officer and controller. Earlier, Sheehan worked for 20 years at KPMG.


Advertisement. Closing in 15 seconds.