Financial Executives Moves

Donald McMillan; Brian Iverson; Mark Kalvoda; Steven Elder; Janna Connolly; Mark Kent

A. Schulman, a $1.6 billion plastics manufacturer in Akron, Ohio, said its controller, Donald McMillan, will take on the additional title of chief accounting officer. McMillan is also interim principal financial officer, a role he has been performing since Paul DeSantis left the company in February. Chief accounting officer is a new position for the company. McMillan, 51, has served as A. Schulman’s controller since 2006, and has worked in finance throughout his 15 years with the company. Before joining A. Schulman, he worked in public accounting.

Black Hills Corp., a $1.3 billion energy company in Rapid City, S.D., named Brian Iverson treasurer and vice president. He replaces Garner Anderson, who continues to serve as chief risk officer and vice president. Iverson, 48, most recently was the company’s vice president of electric regulatory services. Since joining Black Hills in 2004, he has worked in the legal, regulatory and resource planning areas. Prior to joining the company, he worked in law and banking.

Titan Machinery, a $1 billion maker of construction and agricultural equipment in West Fargo, N.D., named Mark Kalvoda CFO. He replaces Peter Christianson, who remains with the company as president and COO. Kalvoda, 39, has served as chief accounting officer since joining Titan in 2007. Earlier, he spent three years at American Crystal Sugar, including stints as controller and assistant treasurer, and worked in finance at Hormel Foods.

Wright Express Corp., a payment processing company in South Portland, Maine, promoted Steven Elder to CFO. He succeeds Melissa Smith, who was appointed the company’s president for North America. Elder, 42, has been the company’s treasurer since 2005. He has also served as vice president of investor relations and vice president of corporate finance. Going forward, Elder will also serve as the company’s chief accounting officer. Wright Express reported revenue of $390 million in 2010.

The St. Joe Co., a real estate development company in WaterSound, Fla., named Janna Connolly CFO and senior vice president. She replaces William McCalmont, who is leaving the company. Connolly, 55, has served as chief accounting officer since 2007, and earlier was the company’s controller and vice president. The St. Joe Co. reported 2010 revenue of $99.5 million.

Ramtron International Corp., a maker of semiconductors in Colorado Springs, Colo., named Mark Kent CFO. He succeeds Eric Balzer, who was named CEO in January. Kent, 51, was CFO of RPX Corp., a patent aggregator, from September 2008 to November 2009. Earlier, he served as CFO of Insitu, Sigma Design and Transmeta Corp., and as treasurer of LSI Corp. Ramtron reported revenue of $70 million in 2010.

 

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