AMD Names Kumar CFO

Blake to head IR at Huntington Ingalls; Reynolds named principal financial officer at Apria; Andrews appointed treasurer at Cooper Cos.

Devinder Kumar of AMDAMD, the $5.9 billion semiconductor company in Sunnyvale, Calif., appointed Devinder Kumar CFO and senior vice president. Kumar, the company’s corporate controller since 2001, has served as interim CFO since September, when Thomas Seifert announced his departure. Seifert has since joined Brightstar as finance chief. Kumar, 57, pictured at right, has worked at AMD for more than 28 years.

Apria Healthcare Group, a provider of medical therapies and equipment with $2.3 billion in revenue, said Peter Reynolds, the chief accounting officer and controller, will take on the additional title of principal financial officer as CFO Chris Karkenny exits the company. Reynolds, 54, joined Lake Forest, Calif.-based Apria as chief accounting officer and controller in 2007 after serving as chief accounting officer and senior vice president at Skilled Healthcare Group and as senior vice president of finance and corporate controller at PacifiCare Health Systems. He has also worked at Deloitte & Touche and Ernst & Young.

Dwight Blake of Huntington IngallsHuntington Ingalls Industries, the $6.6 billion shipbuilder spun off by Northrop Grumman last year, named Dwayne Blake corporate vice president of investor relations and appointed Scott Stabler to succeed Blake as corporate vice president of internal audit. Blake, 50, pictured at left, succeeds Andy Green, who is moving to the company’s Newport News Shipbuilding division to serve as vice president of component fabrication and assembly. Blake joined Newport News Shipbuilding in 1984 and since then has worked in engineering, treasury, business management, contracts and pricing and planning. He was named corporate vice president of internal audit in March 2011. Scott Stabler of Huntington IngallsStabler, 52, pictured at right, also joined Newport News Shipbuilding in 1984 and since then has worked in engineering, supply chain, business development and program management. He was named corporate vice president of operations in March 2011.

Coinstar, a $2.2 billion provider of coin-counting kiosks and DVD rental kiosks in Bellevue, Wash., said Galen Smith will succeed J. Scott Di Valerio as CFO when Di Valerio becomes CEO in April. Smith, 36, has been senior vice president of the company’s Redbox Automated Retail unit since 2011 and earlier served as Coinstar’s vice president of finance and treasurer.

Cooper Cos., a $1.4 billion medical device company in Pleasanton, Calif., named Brian Andrews treasurer. He succeeds Albert White III, who continues to serve as the company’s chief strategy officer and vice president of investor relations. Andrews has been the company’s assistant treasurer since 2006. Prior to joining Cooper, he worked in corporate and investment banking at Keybanc Capital Markets and as an investment banker at ING Barings.

Richard Manson of Olympic SteelOlympic Steel, a Cleveland-based distributor of processed carbon and steel with $1.4 billion in revenue in 2011, appointed Richard Manson treasurer and vice president. Richard Marabito, the company’s CFO, previously had the title of treasurer as well. Manson, 44, most recently served as the company’s vice president of human resources and administration. In his 17 years with Olympic, he has also served as director of taxes and risk management and as treasurer and corporate controller.

Progress Software, a $484 million software company in Bedford, Mass., named Chris Perkins CFO and senior vice president of finance and administration. Perkins replaces Melissa Cruz, the company’s CFO since July, who is retiring. Perkins, 50, previously served as CFO at Eclipsys Corp., as CFO and COO at Per-Se Technologies, and as COO at Emageon. He also worked at AGCO and began his career at Arthur Andersen.

Hartford Mutual Funds, a unit of Hartford Financial Services with $87.3 billion in assets under management, appointed Gregory Frost as CFO, which is a new position. Frost, 42, previously served as CFO at Janus Funds. Prior to joining Janus, he worked at Price Waterhouse.


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