From the March 2012 issue of Treasury & Risk magazine

Executives on the Move

Bob Shanks; John Mulligan; Jeffrey Coutts; Stephen Bramlage; Timothy Poché; Mark Olson; Steven Rosenthal; Warren Jenson

Ford Motor, the $129 billion Dearborn, Mich.-based automaker, appointed Bob Shanks CFO effective April 1. He replaces Lewis Booth, CFO since 2008, who will retire. Shanks, 59, served as Ford’s controller and vice president since 2009. He joined the company in 1977 as accounts receivable analyst. Since then, Shanks has served as controller for the Americas and head of operations support, finance and strategy for Ford of Europe and Premier Automotive Group. He was also CFO at both Premier and Mazda.

Target, the $67.3 billion retailer, named John Mulligan CFO and executive vice president of finance. He succeeds Doug Scovanner, who is retiring. Mulligan, 46, most recently served as the Minneapolis-based company’s senior vice president of treasury and accounting. Since joining the company in 1996, he has worked in finance, human resources and for Previously, Mulligan was a senior design engineer at Kimberly-Clark and a senior project engineer at Waldorf Corp. in St. Paul, Minn.

Lincoln Financial, the $10.4 billion Philadelphia-based life insurance and retirement products company, appointed Jeffrey Coutts corporate treasurer. He replaces Anant Bhalla, who is no longer with the company. Coutts, 42, most recently was head of financial management for Lincoln’s insurance and retirement solutions unit, and previously headed product development for its employer markets division. Coutts joined Jefferson Pilot as a corporate actuary in 1996.

Owens-Illinois, the $7.4 billion glass packaging maker, said Stephen Bramlage will succeed Ed White as CFO when White retires later this year. Bramlage, 41, currently serves as president of the company’s Asia-Pacific operations. He joined Perrysburg, Ohio-based Owens-Illinois in 2006 as treasurer and has also served as senior financial officer for European operations and corporate vice president of finance. Earlier, Bramlage was assistant treasurer at PPG Industries, worked in corporate finance at Eli Lilly and was an auditor at Ernst & Young.

Shaw Group, a $5.9 billion Baton Rouge, La.-based engineering and construction contractor, appointed Timothy Poché chief accounting officer. He replaces Michael Kershaw, who left to become CFO at a California construction company, Tutor Perini. Poché, 43, joins Shaw from Deloitte & Touche, where he was an audit partner and managing partner of the New Orleans office. Earlier, he worked in the Securities and Exchange Commission services group at Deloitte’s national office and served as lead audit partner for a number of energy companies.

CommScope, a $3 billion Hickory, N.C., manufacturer of cable and other products for telecom companies, named Mark Olson CFO and executive vice president. He succeeds Jearld Leonhardt, who will retire. Olson, 53, served as controller and principal accounting officer of the company since 2009. Previously, he was chief accounting officer, corporate controller and vice president at Andrew LLC, and served as the firm’s controller and principal accounting officer after CommScope acquired it in 2007. Olson also worked for Nortel and Johnson & Johnson.

Broadridge Financial Solutions, a $2.2 billion provider of proxy services and other  financial outsourcing services, appointed Steven Rosenthal global treasurer. He replaces Richard Rodick, who was named senior vice president of finance. Rosenthal, 42, joined the Lake Success, N.Y., company in 2007 as corporate assistant treasurer. Earlier, he worked in banking in areas such as cash management at Morgan Stanley and Bear Stearns. Rosenthal is also a managing director and chairperson of the working capital committee at Broadridge.

Acxiom Corp., a $1.2 billion Little Rock, Ark.-based consumer information company, named Warren Jenson CFO and executive vice president. He succeeds Christopher Wolf, who left last year to become CFO of First Advantage.  Jenson, 55, most recently was COO at Silver Spring Networks and was the company’s CFO from 2008 to 2010. Jenson was CFO at video game developer Electronic Arts from 2002 to 2008 and earlier served as CFO at online retailer and NBC.


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