BRYANT AND BOROMISA MOVE UP AT KELLOGG
Kellogg Co., the $8.8 billion cereal company based in Battle Creek, Mich., promoted Jeffrey Boromisa to CFO. He succeeds John Bryant, who was named president of Kellogg's international operations. Boromisa, 49, was most recently Kellogg's corporate controller and senior vice president. Since joining the company in 1981, he has held leadership positions in internal audit, financial planning, treasury and procurement, including serving as CFO of Kellogg's international division. Bryant, who's just 38 and already has three years as CFO under his belt, seems to be on the fast track at Kellogg.
VISTEON NAMES FOMER BOEING EXEC ITS NEW CFO
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James Palmer was named CFO and executive vice president of Visteon Corp., a $17.6 billion auto parts maker based in Dearborn, Mich. Palmer, 54, left The Boeing Co. as a senior vice president in February. Previously, he held senior management positions both at Boeing and at McDonnell Douglas Corp. before its 1997 merger with Boeing, including serving as president of Boeing Capital Corp., and CFO of McDonnell Douglas. Palmer started his career at Ernst & Young. At Visteon, he succeeds Daniel Coulson, who retired in March. Visteon has been searching for a CFO since last November, when its first choice to replace Coulson, Borg-Warner Inc. CFO George Strickler, withdrew for personal reasons soon after the company announced his hiring.
Exxon Mobil Corp., the $213.1 billion oil producer based in Irving, Texas, named Donald Humphreys treasurer and vice president and Patrick Mulva controller and vice president. Humphreys succeeds Frank Risch, who is retiring after 38 years with the company. Humphreys, 56, was most recently Exxon Mobil's controller. He joined the company in 1976 as a systems analyst and was named controller in 1997. Mulva, who replaces Humphreys, was most recently Exxon's vice president of investor relations and secretary. He is 53 and joined the company in 1976 as a financial analyst.
The Goodyear Tire & Rubber Co., the $15.1 billion tire maker based in Akron, Ohio, promoted Richard Kramer to CFO and executive vice president. He succeeds Robert Tieken, who is retiring after 10 years as Goodyear's CFO. Kramer, 40, was most recently Goodyear's senior vice president of strategic planning & restructuring. Earlier, he served as vice president of finance for the company's North American tire business unit. Before joining Goodyear in 2000 as vice president of corporate finance, Kramer spent 13 years at PricewaterhouseCoopers LLP.
Bristol-Myers Squibb Co., the $20.8 billion drug company with headquarters in New York City, hired Ed Dwyer as its new treasurer. He succeeds Harrison Bains, who is retiring. Dwyer, 48, had been treasurer at $34.5 billion AT&T Corp. since 1997, after joining the Bedminister, N.J.-based company in 1983. Before becoming treasurer, he served as CFO of AT&T Capital Corp. AT&T named Will Prip, its director of finance and corporate development, to succeed Dwyer. Prip, 37, joined the company in 1998 as treasury manager for capital markets.
Christine Komola was promoted to controller and senior vice president of Staples Inc., the $13.1 billion office supply retailer based in Framingham, Mass. She succeeds Jeff Nachbor, who is leaving to pursue other interests. Komola, 37, was most recently Staples' general merchandise manager for furniture and portfolio strategy and a senior vice president. She joined Staples in 1997 as director of general accounting and since then has served as vice president of planning and control and senior executive for Staples Business Delivery. Before joining Staples, Komola worked for Ernst & Young LLP. Honeywell International Inc., a $23.1 billion maker of aerospace, automation and control products based in Morris Township, N.J., hired Thomas Szlosek as its corporate controller and vice president. He replaces John Tus, who was named treasurer in October 2003. Szlosek, 40, most recently was CFO for General Electric Co.'s European consumer finance group. Previously, he held various leadership positions at GE, including CFO of its medical systems division in Asia.
Cendant Corp., an $18.1 billion hotel franchiser based in New York, named David Wyshner treasurer and executive vice president. He succeeds Duncan Cocroft, who is retiring. Wyshner, 37, was most recently Cendant's executive vice president of finance, planning and development. Before joining the company in 1999, he was an investment banker at Merrill Lynch & Co.
Delta Air Lines Inc., the $13.3 billion carrier based in Atlanta, Ga., promoted Todd Helvie to treasurer and senior vice president and said Mona Warwar would succeed Helvie as vice president of corporate tax. Helvie replaces Jim Whitehurst, who was named Delta's chief network and planning officer. Helvie, 41, joined Delta in 1999 as director of federal and international taxes. Earlier, he served as head of taxes for the Pepsi-Cola Co., a division of PepsiCo Inc. Warwar, 44, joined Delta as director and tax counsel in 1999. Previously, she was senior tax attorney at Atlantic Richfield Co. and a tax attorney at the law firm of Dinsmore & Shohl.
Baxter International Inc., an $8.9 billion maker of treatments for complex medical conditions, such as cancer, named John Greisch CFO and senior vice president. He replaces Brian Anderson, who is leaving the Deerfield, Ill.-based company as part of a reorganization. Greisch, 49, was most recently corporate vice president and president of the company's bioscience business. He joined Baxter in 2002 as vice president of finance for its renal business. Earlier, he served as president and CEO of FleetPride Corp. and CFO of The Interlake Corp.
Coca-Cola Enterprises Inc., a $17.3 billion soft drink bottling and distribution company based in Atlanta, Ga., named William Douglas controller, principal accounting officer and vice president. He succeeds Rick Engum, who was named vice president of finance for the company's North American group. Douglas, 43, had been CFO of Coca-Cola HBC, a $5.1 billion bottling company based in Athens, since 2000. Earlier, he was corporate controller of London-based Coca-Cola Beverages PLC. Douglas joined the Coca-Cola system when he was hired by The Coca-Cola Co. in 1985, after working for three years for the accounting firm of Ernst & Whinney.
Jeffrey Rohr was named CFO of Deloitte Touche Tohmatsu, the $15.1 billion accounting firm, and its U.S. unit, Deloitte & Touche LLP, both of which are based in New York. He succeeds Bill Fowler, who is retiring after 38 years with Deloitte. Rohr, 54, was most recently regional managing partner of the firm's Midwest practice. Previously, he served as managing partner for the Central Atlantic practice and national director of business planning for the U.S. He joined Deloitte's Miami office in 1972.
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