From the July/August 2011 issue of Treasury & Risk magazine

Financial Executives: Keeping Track

Marlene Debel; Mark Caylor; Irene Esteves; James Mackey; Jeffery Brown ; David Jones; Richard Beckert; Fabio Sandri; Barbara Smith; Brian Valentine; Fareed Khan; Scott Krenz; Ted Christie

MetLife, the New York-based provider of insurance, annuities and employee benefits with $52.7 billion in 2010 sales, named Marlene Debel treasurer and senior vice president. She succeeds Steven Goulart, who becomes chief investment officer. Debel, 44, joins MetLife from Bank of America, where she was global head of liquidity risk management and rating agency relations. Debel joined Merrill Lynch, now part of BofA, in 1988, and served in positions including head of corporate finance and liquidity risk management.

Northrop Grumman, the Los Angeles-based military contractor with $34.8 billion in 2010 sales, named Mark Caylor treasurer and corporate vice president. He succeeds Mark Rabinowitz, who becomes corporate vice president of finance. Caylor, 46, most recently was the company’s director of banking and capital markets and assistant treasurer. He joined Northrop in 2002 as director of pricing and cost estimating for the space technology sector, after working for various aerospace companies.

Time Warner Cable, the New York-based cable company with $18.9 billion in 2010 revenue, named Irene Esteves CFO and executive vice president. She succeeds Robert Marcus, who was named president and COO in 2010. Esteves, 52, joins Time Warner from XL Group, where she served as CFO and executive vice president since May 2010. Earlier, Esteves was CFO at Regions Financial, Wachovia Corp.’s Capital Management Group and Putnam Investments. She started her career at S.C. Johnson & Son. 

Ally Financial, formerly GMAC Financial, appointed James Mackey CFO. He has served as interim CFO since Robert Hull left in 2010. Mackey, 43, joined the Detroit-based company in 2009 as senior finance executive responsible for financial planning and analysis, investor relations and corporate treasury. Earlier, he worked for Bank of America and PricewaterhouseCoopers. Ally, with $16.8 billion in 2010 sales, also named Jeffrey Brown senior executive vice president of finance and corporate planning.

Penske Automotive Group, a $10.7 billion Bloomfield Hills, Mich.-based chain of auto dealerships, named David Jones CFO and executive vice president. He succeeds Robert O’Shaughnessy, who left to join Pulte Homes as its CFO. Jones, 41, most recently was CFO of Penske’s European operations. Since joining the company in 2003 as director of financial reporting, he served in a variety of management positions. Earlier, Jones was a senior manager at Andersen.


Pilgrim’s Pride, the Greeley, Colo.-based chicken processing and prepared foods company, named Fabio Sandri CFO. He replaces Gary Tucker, who is retiring. Sandri, 39, joins Pilgrim’s Pride from Estacio Participacoes, the largest private post-secondary educational institution in Brazil, where he was finance chief. Earlier, he was CFO at Imbra, a provider of dental services, and strategy director and corporate controller for Braskem, a petrochemical company. Pilgrim’s Pride had $6.9 billion in 2010 revenue.

Commercial Metals Company, a steel and metal products manufacturer with $6.3 billion in 2010 sales, appointed Barbara Smith CFO and senior vice president. She succeeds William Larson, who was named CFO emeritus. Smith, 52, joins the Irving, Texas-based company from Gerdau Ameristeel, where she held the same title. Earlier, she worked at Alcoa for 24 years in positions including vice president of finance for its aerospace, automotive and commercial transportation group, and CFO of Alcoa Fujikur.

Lubrizol, the Wickliffe, Ohio-based specialty chemicals company with $5.4 billion in 2010 sales, said Brian Valentine will replace Charles Cooley as CFO once Berkshire Hathaway’s acquisition of Lubrizol closes. Cooley plans to retire. Valentine most recently was Lubrizol’s treasurer and he will continue with those responsibilities. Since joining Lubrizol in 1998, he has held finance positions including director of treasury finance and assistant treasurer. Prior to joining Lubrizol, Valentine worked at Allen Telecom and Coopers & Lybrand.


United Stationers, a $4.8 billion wholesale distributor of business products in Deerfield, Ill., named Fareed Khan CFO and senior vice president. He succeeds Victoria Reich, who announced her departure last year but remained at the company during the transition. Khan, 45, most recently was president and CEO of USG Building Systems, the largest operating unit of USG Corp. He has worked at USG in various roles since 1999. Prior to joining USG, Khan was a consultant with McKinsey & Co.

CA Technologies, a $4.4 billion IT management software company in Islandia, N.Y., named Richard Beckert CFO and executive vice president. He replaces Nancy Cooper, who is retiring. Beckert, 49, most recently was CA’s corporate controller and corporate senior vice president. Since joining the company in 2006, Beckert has also served as senior vice president responsible for strategic pricing and offerings, and principal accounting officer. Earlier, Beckert was a division controller at IBM. 

Asbury Automotive Group, a Duluth, Ga.-based operator of automotive retail franchises, named Scott Krenz CFO. He succeeds Craig Monahan, who was promoted to president and CEO in February. Krenz, 59, joins Asbury from Heidrick & Struggles, where he was CFO and executive vice president. He also held that title at Navigant Consulting. Earlier, Krenz spent more than 20 years with technology firms, including Electronic Data Systems and Sapient Corp. Asbury had $3.9 billion in 2010 sales.

Pinnacle Airlines, a Memphis, Tenn.-based airline holding company with $1 billion in 2010 revenue, appointed Ted Christie CFO and vice president. He replaces Peter Hunt, who left Pinnacle in June to become CFO of Virgin America Airlines. Christie, 40, joins Pinnacle from Vista Strategic Group, where he was a partner. Earlier, Christie served as CFO and senior vice president at Frontier Airlines, where he worked under Sean Menke, who took over as CEO of Pinnacle in July.


Advertisement. Closing in 15 seconds.