Financial Executives: Keeping Track

William Guzik; Nicholas Hotchkin; Cynthia Powell; James Taylor; Terrance Ronan; Robert Gorman

Ace Hardware, the $3.7 billion Oak Brook, Ill.-based hardware cooperative, named William Guzik CFO. He succeeds Dorvin Lively, who left last August to become CFO of RadioShack. Guzik, 52, served as CFO and executive vice president at Midas International for 13 years. He previously worked at PricewaterhouseCoopers, JG Industries and Delray Farms. 

Weight Watchers, the $1.8 billion New York-based weight loss company, appointed Nicholas Hotchkin CFO. He succeeds Ann Sardini, who retired in March. Hotchkin, 46, joins Weight Watchers from Staples, where he most recently served as senior vice president of finance for the U.S. retail division. Earlier, Hotchkin was Staples’ senior vice president of finance and treasurer, and worked in finance at Delphi Corp and General Motors.

State Auto Insurance Companies, a $1.5 billion Columbus, Ohio-based insurer, named Cynthia Powell chief risk officer, a new position for the company. She currently serves as treasurer and chief accounting officer. Powell, 51, joined State Auto in 1990 after working for three years as a certified public accountant.

Federal Realty Investment Trust, a $553 million Rockville, Md.-based real estate company, named James Taylor CFO. He succeeds Andrew Blocher, who is leaving early next year. Taylor, 45, joins Federal Realty from Eastdil Secured Wels Fargo, where he was senior managing director. He served in similar roles at its predecessors, Wachovia Securities and First Union Securities. Taylor practiced corporate and securities law and worked as a senior accountant prior to becoming an investment banker.

Atlantic Power Corporation, a $284 million Boston-based utility, named Terrance Ronan CFO and executive vice president. He succeeds Lisa Donahue, who has served as interim CFO since July 2011. Ronan previously worked as managing director of finance and assistant treasurer at Plains All American Pipeline, and prior to that, was president and CEO of SemGroup. He co-founded the startup energy finance practice at Merrill Lynch Capital.

Union First Market Bankshares, a $232 million Richmond, Va.-based holding company for Union First Market Bank, named Robert Gorman CFO and executive vice president. He succeeds Tony Peay, who will become chief banking officer. Gorman, 54, most recently was a senior vice president at SunTrust Banks, where he worked since 2002. Prior to joining SunTrust, he served as CFO of FleetBoston Financial’s technology and operations group. He began his career at Arthur Andersen. 


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