Financial Executives: Keeping Track

Frederick Crawford; John Stephens; Kevin Bisson; Michael Bornak; Robert Bruning; Karen Walker

CNO Financial Group, a $4.1 billion insurance holding company, named Frederick Crawford CFO and executive vice president. He succeeds Ed Bonach, who was promoted to CEO after James Prieur retired in October. Crawford, 48, joins Carmel, Ind.-based CNO from Lincoln Financial, where he was CFO for six years and most recently served as executive vice president of corporate development and investments. Previously, he was president of Bank One’s operations in Cincinnati and Northern Kentucky.

M.D.C. Holdings, the $958 million Denver-based homebuilder, appointed John Stephens CFO, principal accounting officer and senior vice president. He replaces Vilia Valentine, who left to become CFO at Inspirato. Stephens, 43, joins M.D.C. from homebuilder Standard Pacific Corp., where he was CFO since 2009. Earlier, he served as the company’s corporate controller and treasurer and worked in public accounting for five years at Arthur Andersen.

Mercury Computer Systems, a $228 million provider of real-time digital signal processing, named Kevin Bisson CFO, treasurer and senior vice president. He succeeds Robert Hult, who retired. Bisson, 50, joins Chelmsford, Mass.-based Mercury from SeaChange International, where he was also CFO, treasurer and senior vice president. Earlier, he worked for a number of other technology companies, including American Superconductor, Axcelis Technologies and United Technologies.

SeaChange, a $217 million Acton, Mass.-based multi-screen video company, appointed Michael Bornak CFO to replace Kevin Bisson. Bornak, 49, was CFO and treasurer at Tollgrade Communications since 2009. Previously, he served as CFO at Solar Power Industries, MHF Logistical Solutions and Portec Rail Products and worked at Ernst & Young.

Overhill Farms, a $169 million frozen food company, named Robert Bruning CFO. He replaces Tracy Quinn, who is leaving the Los Angeles company for personal reasons. Bruning, 69, most recently was CFO of food processing and distribution company Okani. He also served as CFO positions at Zacky Farms and Coastcast Corp. Earlier, Bruning was a financial consultant for Kaiser Aluminum, partner in charge for Coopers & Lybrand’s manufacturing consulting group and a partner at Andersen Consulting.

Virgin America, the $131 million Burlingame, Calif.-based airline, appointed Karen Walker controller and vice president. She replaces Ken Scarince, who left to join sister company Virgin Galactic. Walker, 39, joins Virgin America from CNET, where she was most recently served as controller and earlier was director of revenue.  Walker also worked in finance at Applied Materials and Macromedia, which was acquired by Adobe.




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