HSBC North America Holdings, the New York City-based bank holding company with $23.6 billion in 2011 revenue and assets of $331 billion, appointed Jack McGinnis CFO. He replaces Edgar Ancona, who will retire. In addition to serving as finance chief for HSBC North America, McGinnis will retain his current position as CFO for HBSC USA, which he has held for the past two years. Earlier, he was chief accounting officer and controller of HSBC-North America and a partner for 16 years at Ernst & Young in the United States and Canada.
J.C. Penney, the $17.2 billion retailer, named Ken Hannah CFO. He succeeds interim CFO Mike Kramer, who will continue as COO of the Plano, Texas-based company. Hannah, 43, most recently was CFO and president of solar energy at MEMC Electronic Materials. Previously, he served as senior vice president of finance at Home Depot, vice president of corporate audit staff and vice president of financial planning and analysis at Boeing, and worked in finance at General Electric and McDonnell Douglas.