CAPITAN ONE NABS WORDLY CFO
Capital One Financial Corp. hired the World Bank's CFO, Gary Perlin, to fill its top financial spot, which had been vacant since March, when David Willey resigned after learning that the Securities and Exchange Commission planned to charge him with insider trading. Perlin will also serve as executive vice president of Capital One, a $9.6 billion credit card company in McLean, Va. Perlin, 52, spent 13 years at the World Bank and since 1998 has been its CFO, in charge of its $200 billion-plus balance sheet. Earlier, he spent 11 years at Fannie Mae, including eight years as its treasurer. Capital One also announced that Steve Linehan was promoted to treasurer from assistant treasurer. Linehan, 43, replaces Susanna Tisa, who left to pursue other interests in late April.
TAGGART MOVES UP TO CFO AT WEYERHAEUSER
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Weyerhaeuser Co., an $18.5 billion forest products company, promoted its treasurer, Richard Taggart, to CFO and executive vice president. He succeeds William Stivers, who retired. Taggart, 60, had been treasurer since 1998 and worked on the MacMillan Bloedel, Trus Joist and Willamette acquisition teams. He joined Weyerhaeuser in 1974 as a project manager in the wood products business, but left in 1985 to become head of finance for the U.S. subsidiary of Canfor Corp., a Canadian forest products company. Taggart rejoined Weyerhaeuser in 1990 as finance and planning director for engineered fiber products.
Visteon Corp., an $18.4 billion auto parts manufacturer in Dearborn, Mich., appointed its treasurer, Mary Winston, as controller and vice president and said Peter Look will succeed her as treasurer. Winston, 41, replaces Phil Pfefferle, who was named vice president of finance process improvement and general auditor. She joined Visteon as treasurer in 2002 from Pfizer Inc., where she had served as vice president of global financial operations and held other senior management roles. Look, 46, had been Visteon's vice president of tax and will retain that position in addition to serving as treasurer. He joined Visteon in 2000 from Ford Motor Co., where he served as president of the consumer eBusiness group.
Raytheon Co., a $16.8 billion defense contractor, named Biggs Porter corporate controller and vice president. Porter replaces Edward Pliner, who was promoted to CFO and senior vice president of Lexington, Mass.-based Raytheon in 2002. Porter, 49, had been corporate controller at TXU Corp. and previously served as CFO of Northrop Grumman Corp.'s integrated systems and aero structure sector and commercial aircraft division. Porter started his career at Arthur Young & Co., a predecessor of Ernst & Young.
Rhonda Seegal was appointed treasurer and corporate vice president of Xerox Corp., a $15.8 billion printing services based in Stamford, Conn. Seegal, 53, joins Xerox from Avaya Inc., where she had been treasurer and vice president since its spin-off from Lucent Technologies Corp. in 2000. Earlier, Seegal served as deputy treasurer at General Electric Co. and treasurer at PerkinElmer Inc. She succeeds Greg Tayler, who was named chief information officer of Xerox's Canadian division in November 2002.
Qwest Communications International Inc., a $15.5 billion long-distance company that has been dealing with an accounting scandal, named John Richardson controller and senior vice president of finance. The controller position has been empty since late 2001. Richardson, 58, has worked for 30 years in various financial positions at Goodyear Tire & Rubber Co., also the alma mater of Qwest's CFO, Orin Shaffer. Richard was most recently vice president of finance at Goodyear's North American tire business unit.
American Electric Power Co. Inc. named Geoffrey Chatas treasurer and senior vice president of finance. Chatas, 40, was most recently vice president of finance for the $14.6 billion utility company based in Columbus, Ohio. He replaces Armando Pena, who was named senior vice president of financial policy, a new position. Earlier, Chatas served as managing director of corporate finance, after joining the company in 1997 as managing director of project finance.
Cendant Corp., a $14.1 billion hotel franchiser based in New York, named Ronald Nelson CFO. He succeeds Kevin Sheehan, who will now focus on his responsibilities as chairman and CEO of Cendant's vehicle services division, an additional position he assumed in February. Nelson, 50, joins Cendant from DreamWorks SKG, where he served as chief operating officer. Earlier, he was CFO of Paramount Communications Inc., formerly Gulf & Western Industries Inc.
Oscar Munoz was appointed CFO and executive vice president of CSX Corp., an $8.2 billion rail system operator based in Jacksonville, Fla. He succeeds Paul Goodwin, who is retiring. Munoz, 44, most recently was CFO and vice president of AT&T Corp's consumer services division. Earlier, he was senior vice president of finance and administration of USWest, a local telephone company. Munoz started his career at PepsiCo Inc. in 1983 and worked for Coca-Cola Enterprises Inc. and The Coca-Cola Co.
Barnes & Noble, Inc., a $5.3 billion New York-based bookseller, said its controller, Joseph Lombardi, was named CFO and vice president. Lombardi succeeds Larry Zilavy, who was named executive vice president of corporate finance and strategic planning. Lombardi, 41, joined the company in May 2002 as controller after having served as CFO at The Museum Company Inc. and as controller at Toys 'R' Us Inc. He also worked for 11 years at Ernst & Young. Zilavy, 52, joined Barnes & Noble as CFO in June 2002 after serving as executive vice president at IBJ Whitehall Bank and Trust Co. and working at Chase Manhattan Bank.
Richard Harris joined Cummins Inc., a $5.9 billion diesel engine manufacturer headquartered in Columbus, Ind., as treasurer and vice president. He replaces Donald Trapp, who was named vice president of business development. Harris was most recently assistant treasurer of the global treasury division at Compaq Computer Corp. Earlier he worked at British Petroleum, where he held several financial positions.
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