From the December/January 2012 issue of Treasury & Risk magazine

Executives on the Move

Kenneth Bedingfield; Eric Boni; Teresa Gendron;James Herzog; Elizabeth Brumley; Gregory Heinlein; David Sommers; Mick Lopez

Northrop Grumman, the $34.8 billion defense contractor, appointed Kenneth Bedingfield corporate vice president and said he will become controller and chief accounting officer once the company files its 2011 annual report. He succeeds Kenneth Heintz, who is retiring. Bedingfield, 39, joins Falls Church, Va.-based Northrop Grumman after 17 years at KPMG, where he most recently served as national client leader of the U.S. aerospace and defense audit practice and audit partner.

Ashland, a $6.5 billion manufacturer of chemical products, named Eric Boni treasurer and vice president. He replaces J. Kevin Willis, who was named vice president of finance for Ashland and controller for Ashland Specialty Ingredients. Boni, 42, most recently was the Covington, Ky.-based company’s director of business analysis and was its director of investor relations from 2007 to 2010. Boni has served in both corporate and commercial roles since joining Ashland in 1994.

Gannett Co., the McLean, Va.-based publisher of USA Today and other newspapers with $5.4 billion in 2010 revenue, named Teresa Gendron controller and vice president. She succeeds George Gavagan, who will continue as chief accounting officer until he retires in February. Gendron, 42, joins Gannett from NII Holdings, formerly Nextel International, where she served as controller. Earlier, she was NII’s assistant controller and served as a senior manager in KPMG’s audit practice.

Comerica, the Dallas-based financial services company with $2.6 billion in 2010 revenue, appointed James Herzog treasurer and executive vice president. He replaces interim treasurer Michael Michalak, who was named executive vice president of planning, forecasting, analysis and enterprise risk. Herzog, 49, most recently was divisional finance officer for Comerica’s business bank. Since joining the bank in 1984, he has worked on forecasting and planning, pricing and reviews of strategic business lines.

Sterling Construction, a $459 million Houston-based civil construction company, named its controller and chief accounting officer, Elizabeth Brumley, to the additional roles of CFO and executive vice president. She succeeds Joseph Harper Jr., who will continue as executive vice president. Prior to joining Sterling earlier this year, Brumley, 55, was CFO and vice president of finance at Bristow Group. She also served as controller at Maxxam and GulfMark Offshore, and worked at Arthur Andersen.

ION Geophysical Corp., a $444 million provider of geophysical technology, services and solutions, named Gregory Heinlein CFO and senior vice president. He succeeds R. Brian Hanson, who continues as the Houston company’s president and COO. Heinlein, 48, most recently was CFO and COO at Genprex. Previously, he was treasurer and vice president of global sales and marketing for Freescale Semiconductor and served as treasurer at Fisher Scientific and Great Lakes Chemical Co.

NetScout Systems, a $290 million computer systems company in Westford, Mass., named Jean Bua CFO. She replaces David Sommers, who was named executive vice chairman. Bua, 52, joined NetScout in 2010 as chief accounting officer and vice president from American Tower Corp., where she was executive vice president of finance and treasurer. Earlier, she was corporate controller at American Tower, and controller, chief accounting officer and senior vice president at Iron Mountain.

Aricent Group, a $278 million innovation and technology services company, appointed Mick Lopez CFO. He succeeds David Freedman, who is leaving the East Brunswick, N.J., company. Lopez, 52, most recently was vice president of corporate finance and operations at Cisco Systems. Previously, he served as vice president of strategy and business development at Tyco International and CFO at ADT Security Systems. Lopez also spent 16 years at IBM in strategy and finance positions. 



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