Avaya Names Vellequette CFO

Ingredion appoints Galvanoni controller; Progressive Waste Solutions, Arbitron name CFOs.

Avaya, a $5.5 billion communication systems and software provider, named Dave Vellequette CFO and senior vice president. He succeeds Anthony Masetti, who is leaving the company. Vellequette, at right, joins Avaya from JDS Uniphase, where he was CFO since 2005. He has also served as vice president of worldwide sales and service operations at Openwave Systems and worked in finance at Cisco.

Ingredion, a $6.2 billion Westchester, Ill.-based company that produces starches, sweeteners and other ingredients, appointed Matthew Galvanoni corporate controller and vice president. He succeeds Robin Kornmeyer, who will retire. Galvanoni, 40, joins Ingredion from Exelon, where he worked for 10 years, most recently serving as assistant corporate controller and vice president. Galvanoni, who was included in Treasury & Risk’s 2009 40 Under 40 list, has also worked at PricewaterhouseCoopers as senior manager of assurance.

Timken Co., a $5.2 billion dollar Canton, Ohio-based transmission manufacturer, named Kevin Beck assistant treasurer. He replaces Andrzej Polak, who left the company to pursue other opportunities. Beck, 43, most recently served as controller for Timken’s aerospace and defense unit. Since joining the company in 1998, he has held multiple positions at Timken, including senior financial analyst. Paul Locke will succeed Beck as controller for the aerospace and defense unit; Locke most recently served as assistant controller for Timken’s mobile industries unit.

Progressive Waste Solutions, a $1.8 billion Vaughan, Ontario-based waste disposal and recycling company, appointed Ian Kidson CFO and vice president. He succeeds Thomas Cowee, who is leaving the company to pursue opportunities closer to his home in Texas. Kidson previously was managing direct of TD Capital Mezzanine Partners and has also worked at CIBC World Markets/Wood Gundy.

Crawford and Co., a $1.2 billion Atlanta-based provider of claims management solutions, named Gretchen Hiley chief technology risk officer. The new position will involve tracking and reporting technology risks and monitoring privacy, security and IT controls. Hiley, 42, at left, previously served as vice president of Crawford’s U.S. compliance and security organizations. Prior to joining Crawford, she worked at PricewaterhouseCoopers and Apogen Technologies.

Arbitron, a $422 million Columbia, Md.-based radio audience ratings provider, appointed Debra Delman CFO and executive vice president of finance. She succeeds Sean Creamer, who has been interim CFO since May. Delman, 54, has been senior vice president of strategic operations and finance at National Public Radio since 2009. Earlier, she worked in finance at Discovery Networks International, Hearst-Argyle Television and Emmis International.

Encore Capital Group, a $467 million San Diego-based debt management and recovery company, named Michael Haubenstock chief risk officer and vice president, a new position for the company. Haubenstock most recently worked in operational risk management at SunTrust Mortgage and Consumer Banking. Earlier, he served as director of enterprise risk management at Capital One and worked at PricewaterhouseCoopers.

Vermont Electric Power Co. (VELCO), a Rutland, Vt.-based utility, named Michele Nelson vice president of finance, a new position for the company. Nelson, 44, most recently served as VELCO’s treasurer, after joining the company in 1995 as manager of accounting and later serving as assistant treasurer. She was previously an internal auditor at Central Vermont Public Service.



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