From the September 2010 issue of Treasury & Risk magazine

Financial Executives: Keeping Track


Johnson Controls, a $28.5 billion manufacturer of car batteries and other components for motor vehicles, appointed Brian Stief corporate controller and vice president. He succeeds Susan Kreh, who was named vice president of finance for the Milwaukee-based company's power solutions business in late 2009. Stief, 54, is joining the company from PricewaterhouseCoopers, where he worked with large clients, including Johnson Controls. He joined the accounting firm in 1979 and made partner in 1989.

AMR Corp., the $19.8 million parent of American Airlines, named Isabelle Goren CFO and senior vice president of both AMR and American Airlines. She succeeds Tom Horton, who was promoted to president of AMR and American Airlines. Goren, 50, has served as the airline's senior vice president of customer relationship marketing and reservations since 2006. Since joining the Fort Worth, Texas-based airline in 1986, she has also served as president of AMR Services and vice president of customer service planning.

Alcoa, the $18.4 billion aluminum producer, appointed Graeme Bottger controller and vice president. He is switching jobs with Tony Thene, who will succeed Bottger as CFO of Alcoa's engineered products and solutions group. Bottger, 51, joined the New York City-based company in 1980 as a product accountant in Australia. He was named vice president of finance for the home exteriors unit in 2001, vice president of sales in 2003 and CFO of the engineered products and solutions group in 2005.

Southern Co., a $15.7 billion utility serving the Southeast U.S., named Art Beattie CFO and executive vice president. He succeeds W. Paul Bowers, who was named chief operating officer of a subsidiary, Georgia Power. Beattie, 56, most recently was CFO, treasurer and executive vice president of another Southern Co. subsidiary, Alabama Power. Since joining Alabama Power in 1976 as a junior accountant, he has served in the company's accounting, finance, treasury and corporate governance units.

Occidental Petroleum, a Los Angeles-based oil and gas exploration and production company with $15.5 billion of 2009 revenue, named James Lienert CFO and executive vice president. He succeeds Stephen Chazen, the company's president and CFO since 2007, who was named president and COO. Lienert, 58, has served as Occidental Petroleum's executive vice president of finance and planning since 2006. He joined the company in 1974 and was named president of Occidental Chemical in 2004.

TIAA-CREF, the $12.7 billion provider of retirement products for academic and medical organizations, hired Virginia Wilson as CFO and executive vice president. She succeeds Georganne Proctor, who was named chief integration officer in January. Wilson, 56, is joining TIAA-CREF from Wyndham Worldwide, where she was CFO and executive vice president. From 2003 to 2006, she was chief accounting officer and executive vice president at Cendant. Earlier, Wilson served as corporate controller at MetLife.

ITT, the $10.9 billion engineering and manufacturing company, named Colleen Ostrowski treasurer and vice president. She succeeds Donald Foley, who left the White Plains, N.Y.-based company in June to become CEO of Wilmington Trust. Ostrowski, 36, joined ITT in January in the role of assistant treasurer. Earlier, she spent 10 years working in finance and treasury at Pfizer, where her last position was senior director of treasury pension investments and finance.

PartnerRe, a Bermuda-based reinsurer with $5.4 billion of 2009 revenue, named William Babcock CFO and executive vice president, effective Oct. 1. He succeeds Albert Benchimol, who is retiring. Babcock, 43, is currently group finance director. Before joining PartnerRe in 2008, he was chief accounting officer and director of financial operations at Endurance Specialty. Earlier, he was an underwriter at Converium and a senior manager at KPMG, where he worked with insurance and capital markets clients.

Agilent Technologies, a $4.5 billion maker of measurement tools in Santa Clara, Calif., named Didier Hirsch CFO and senior vice president. He has served as interim CFO since Adrian Dillon left in March to become CFO of Skype. Hirsch, 59, has been the company's vice president of corporate controllership and tax since 2006. He served as Agilent's controller from 2003 to 2006 and its treasurer from 1999 to 2003. Earlier, he worked at Hewlett-Packard, Ford and Bendix/Allied Signal.

Hawker Beechcraft, the $3.2 billion airplane manufacturer in Wichita, Kan., named Halet Murphy treasurer and vice president. He succeeds George Sellew, who left the company. Murphy, 40, is joining Hawker Beechcraft from Novelis, where he had been assistant treasurer since 2005. From 2003 to 2005, he was director of financial risk management at Lear. Earlier, Murphy worked in finance at Delphi, where his positions included manager of capital planning, and at LTV Corp.

Allegheny Technologies, a $3.1 billion specialty metals producer, named Dale Reid senior vice president of finance and principal financial officer. He replaces Richard Harshman, who was named president and COO. Reid, 54, has been the Pittsburgh-based company's controller, chief accounting officer, treasurer and vice president since 2003. Assistant controller Karl Schwartz, 46, succeeds Reid as controller and assistant treasurer Rose Marie Manley, 54, replaces him as treasurer.

Quintiles, which provides research services for pharmaceutical and biotechnology companies and has close to $3 billion in revenue, named Kevin Gordon CFO. He succeeds Mike Troullis, who will move to a role managing investments for the Research Triangle Park, N.C.-based company. Gordon, 47, most recently was CFO and executive vice president of Teleflex. He was Teleflex's senior vice president of corporate development from 2005 to 2007, and vice president of corporate development from 2000 to 2005.

Comments