Financial Executives: Keeping Track

Exelon Corp., a $17.3 billion electric utility, appointed Stacie Frank vice president of investor relations. She replaces Karie Anderson, who was named vice president of corporate financial planning and analysis. Frank, 34, most recently served as director of investor relations for the Chicago-based company. She has worked in finance positions and in the regulatory group of Commonwealth Edison, a subsidiary of Exelon, since she joined the company in 2002.

Jack Matejka was named senior vice president of internal audit at $11.8 billion Eaton Corp., a Cleveland-based manufacturer. He succeeds Jeff Moelich, who left the company in March. Matejka, 53, joined Eaton in 1989 as manager of IT audits and has led the company's IT security and compliance function since 2001.

CB Richard Ellis, the $4.1 billion commercial real estate services company, appointed Gil Borok CFO. He succeeds Robert Sulentic, who remains the company's president. Borok, 42, most recently was the company's CFO for the Americas, chief accounting officer and executive vice president. He served as interim CFO in early 2009. Borok joined CB Richard Ellis in 2002 as global controller from Dole Food, where he had been corporate controller.

Kevin Monaco was named senior vice president, treasurer and tax, at $3.7 billion Coty, a New York-based cosmetics company. He succeeds Steve Danatos, who left the company. Monaco, 45, joins Coty from Travelport, where he was treasurer and senior vice president. Earlier, Monaco served as assistant treasurer at Cendant Corp. and worked in finance at Avon Products and Winstar Communications.

Coldwater Creek, a $1 billion retailer of women's apparel, selected James Bell as CFO and senior vice president. He succeeds Tim Martin, who left in November to join another company. Coldwater Creek's general counsel, John Hayes III, served as interim CFO. Bell, 42, joined the Sandpoint, Idaho-based company in September as divisional vice president of financial planning and analysis. Earlier, he was senior vice president of finance and planning for Harry & David and senior director of finance at Gap.

Penn National Insurance, a $573 million mutual insurance company, named Gregory Stine CFO, treasurer and senior vice president. He replaces Christine Sears, who was appointed COO and executive vice president. Stine, 52, had been the Harrisburg, Pa.-based company's controller since 2003. He joined the company in 1993 as manager of cash operations.


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