Financial Executives: Keeping Track

Anthony Colatrella; Sallie Bailey; Howard Schiller; Karl Pilcher; Lisa Weaver; Stephen Ananias

Babcock & Wilcox Co., a Charlotte, N.C., company that provides energy technology and services and had $2.9 billion in 2010 revenue, named Anthony Colatrella CFO and senior vice president. He succeeds Michael Taff, who resigned. Colatrella, 56, joins B&W from silicone manufacturer Momentive Performance Materials, where he was CFO. Previously, he was CFO and vice president at Paxar Corp and held senior finance and management positions at Scotts Miracle-Gro Company and United Technologies Corp.

Louisiana-Pacific Corp., a $1.3 billion Nashville, Tenn., manufacturer of engineered wood building materials, appointed Sallie Bailey CFO and executive vice president. She succeeds Curt Stevens, who was named to the new position of interim chief operating officer and executive vice president. Bailey, 52, was CFO of Ferro Corp. from 2007 to 2010 and earlier served as controller and senior vice president of finance at Timken Corp.

Valeant Pharmaceuticals International, a $1.2 billion Mississauga, Ontario-based pharmaceutical company, appointed Howard Schiller CFO and executive vice president. He replaces interim CFO Philip Loberg, who will continue with the company in a different position. Schiller, 49, retired from Goldman Sachs in January after 24 years. He most recently served as chief operating officer for the investment banking division. Previously, Schiller headed the investment banking division’s global health care, consumer products, retail, industrial and natural resources groups, and ran the global mergers and acquisitions unit.

Rackspace Hosting, a San Antonio cloud computing company with $780.5 million in 2010 revenue, appointed Karl Pilcher CFO and principal financial officer. Pilcher, 39, served as interim CFO, treasurer and principal financial officer since April, following the retirement of former CFO Bruce Knooihuizen. Pilcher joined Rackspace as vice president of finance in 2005 and in 2009 was named international finance director for the company’s Europe, Middle East and Asia team.

StarTek, a $265 million provider of process management outsourcing, named Lisa Weaver CFO and senior vice president. She replaces David Durham, who is leaving the company. Weaver, 43, joins Denver-based StarTek from Recall Corp., where she most recently served as North America CFO and global financial planning and analysis leader. Previously, Weaver worked in finance at ClientLogic, Sitel Corp, Purina and Fruit of the Loom.

Mindspeed Technologies, a $178 million Newport Beach, Calif., semiconductor manufacturer, named Stephen Ananias CFO and senior vice president. He succeeds interim CFO Kristen Schmidt, who will resume her role as treasurer. Ananias, 36, joins Mindspeed after 11 years at Broadcom Corp., where he most recently served as controller of the broadband communications group. Earlier, he spent five years as Broadcom’s director of corporate development and strategic planning and worked in finance at LSI Corp.



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