Cliffs Natural Resources Inc., a $6.7 billion producer of iron ore pellets used in steelmaking, promoted Terrance Paradie to CFO and senior vice president. He replaces Laurie Brlas, who was named executive vice president and president of global operations. Paradie, 43, at right, most recently served as senior vice president and assistant general manager of Michigan operations at Cleveland-based Cliffs. Earlier, he served as the company’s controller and chief accounting officer, and was an audit partner at KPMG.
Omnicare, a $6.1 billion company that provides institutional pharmacy services, named Robert Kraft CFO. He succeeds John Workman, who was promoted to CEO. Kraft, 42, has served as the Covington, Ky.-based company’s senior vice president of finance since 2010. Prior to joining Omnicare, he was a partner at PricewaterhouseCoopers, where he had worked since 1994.