Magazine for Senior Financial Executives: Grapevine – includes multiple hirings, resignations

Grapevine – includes multiple hirings, resignations – Brief Article

HE’S A LOANER

Jack Remondi is collecting for USA Education Inc. The former SVP of finance at USA has been named EVP and CEO of the top provider of student loans. The position has been vacant since last year’s merger with Sallie Mae.

* Judith Boynton, 49, is no longer in the picture at Cambridge, Mass.-based Polaroid Corp. The former CFO resigned in order to pursue “broader career opportunities.” The announcement came one day before the company reported a fourth-quarter loss. Carl L. Lueders, now serving as treasurer and VP, becomes interim CEO.

* Chiquita Brands International Inc. peeled James B. Riley out of the CEO spot at turbine manufacturer Elliott Co. Riley, 49, was named finance chief for Chiquita, replacing Warren Ligan, who left the Cincinnati-based company last year.

HEAD OF THE CLASS

Randall S. Livingston is college-bound. Livingston was CEO of OpenTV Corp. before joining Stanford University as CFO and VP of business affairs. He replaces Mariann Byerwalter, who–after serving for five years at Stanford–has decided to return to the private sector.

* Basil Anderson, 53, thinks retirement sounds mmm-mmm good. The CEO of Camden, N.J.-based Campbell Soup Co. retires effective April 30. He plans to pursue opportunities for “personal growth and development.” His successor has not yet been named.

* In other retirement news, The Spiegel Group announced the departure of its CFO, James W. Sievers. Jim Cannataro, EVP and CFO of Spiegel division Eddie Bauer, will replace Sievers at the Downers Grove, I11.-based clothing retailer.

TWO THUMBS UP

Zagat Survey LLC gives Steven C. DeLorenzo rave reviews. The New York-based provider of consumer survey-based information has chosen him as CEO, a newly created position. DeLoreuzo comes to Zagat from Pseudo Programs Inc., where he was SVP and CFO.

* William Alldredge has bounced into the CFO position at Newell Rubbermaid Inc., headquartered in Freeport, Ill. Alldredge previously served as VP of finance at the household-products maker. He replaces Dale Matschullat, who was named general counsel for Newell.

Finally, CFO is sad to report the death of RadioShack Corp. CfO Dwain Hughes. Hughes, 53, a 22-year veteran of the electronics retailer, died at his home in Fort Worth on January 30 after a brief illness. VP of finance Loren Jensen will serve as acting CEO.

COPYRIGHT 2001 CFO Publishing Corp.

COPYRIGHT 2001 Gale Group