Archer Daniels Midland Co. (ADM), an agricultural processor with $36.1 billion of 2004 revenues, named Vikram Luthar treasurer and vice president. Luthar, 37, joined Illinois-based ADM from General Motors Corp., where he worked for 11 years, most recently as regional treasurer for GM's Asia Pacific operations in Singapore. Earlier, he worked in GM's corporate treasury in New York. Luthar replaces Charles Archer, who retired.
ConAgra Foods Inc., the $14.5 billion packaged food company based in Omaha, Neb., hired Frank Sklarsky as CFO and executive vice president. ConAgra's previous CFO, James O'Donnell, retired in April. Sklarsky, 48, most recently was vice president of corporate financial control for DaimlerChrysler. He had held financial management jobs since joining Chrysler in 1982. Earlier, Sklarsky worked at Dell Inc. and in public accounting.
Kraft Foods Inc., the $31.0 billion manufacturer of foods and beverages, named David Brearton corporate controller and senior vice president of business process simplification. He succeeds Jack Mowrer, who is retiring after more than 30 years with the company. Brearton, 43, most recently was senior vice president of finance for Kraft International Commercial. He has held finance jobs in Canada, Europe and at Kraft's corporate headquarters in Northfield, Ill., since joining the company in 1984. BellSouth Corp., the $22.6 billion telecommunications company, named Mark Droege treasurer and vice president. He replaces Lynn Wentworth, who was named vice president and CFO of the communications group, a new position. Droege, 50, most recently was vice president and CFO for BellSouth's Latin American group. Since joining the company in 1986, he has held positions including director of investor relations and president of BellSouth Interactive Services. Wentworth, 46, was named treasurer in 2003. She has worked in finance jobs since joining BellSouth in 1985.
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Verizon Wireless, a $22.5 billion joint venture of Verizon Communications and Vodafone Group, named John Townsend CFO and vice president. He succeeds Andrew Halford, whom Vodafone named its group financial director designate. Townsend, 42, most recently was financial director of Vodafone UK. He has worked in finance since joining Vodafone in 1993 and earlier worked at KPMG Peat Marwick.
IAC/Interactive Corp., a $6.3 billion company with businesses ranging from Ticketmaster to Expedia, named Thomas McInerney CFO. He replaces Dara Khosrowshahi, who was named president and CEO of New York–based IAC. McInerney, 40, most recently was CEO of the company's electronic retailing group, which includes HSN, formerly known as the Home Shopping Network. Earlier, he was CFO of Ticketmaster. Before joining IAC, McInerney worked for 11 years as an investment banker at Morgan Stanley.
Computer Sciences Corp., a $14.7 billion information technology company in El Segundo, Calif., promoted Thomas Irvin to treasurer. Leon Level, who had been serving as both CFO and treasurer, continues as CSC's CFO. Irvin, 55, had been CSC's assistant treasurer. Before joining the company in 1987, he was CFO of Ni-Cal Development Corp. and worked in financial and engineering positions at Raytheon Co. and Dravo Corp.
J.C. Penney Co., the $17.7 billion retailer, promoted its treasurer, Michael Dastugue, to the new position of senior vice president of corporate finance. Dastugue will oversee treasury, tax and investor relations. The Plano, Texas– based company said Michael Porter will succeed Dastugue as treasurer and Phil Sanchez will replace Porter as assistant treasurer. Dastugue, 40, worked in finance since joining J.C. Penney in 1991 and earlier worked for Arthur Andersen. Porter, 44, joined the company in 1986 as a credit analyst and Sanchez, 43, joined in 1995 as a financial analyst.
Visteon Corp., the $17.6 billion automotive components supplier, appointed William Quigley corporate controller, chief accounting officer and vice president. He succeeds Mary Winston, who left to become CFO of Scholastic Corp. Quigley, 43, joined Visteon from Federal-Mogul Corp., where he had been controller since 2001. Earlier he was its finance director for the Americas and Asia. Before joining Federal-Mogul in 1994, Quigley worked at Nissan Research and Development and Deloitte & Touche LLP.
OfficeMax Inc., an $8.2 billion office supply retailer, hired Brian Anderson as CFO and executive vice president of finance. OfficeMax was reorganized after it was purchased by Boise Cascade. Anderson succeeds Ted Crumley, the Boise CFO, who retired. Anderson, 54, most recently was CFO of Baxter International. Before joining Baxter's corporate audit group in 1991, he spent 16 years at Deloitte & Touche LLP.
Fireman's Fund Insurance Co., a $4.4 billion unit of Allianz Group, named Jill Paterson CFO and executive vice president. She succeeds Peter Presperin, who left to pursue other opportunities. Paterson, 46, most recently was Fireman's controller and senior vice president. Earlier, she worked for 14 years in finance jobs at Allianz Canada, the last of which was CFO.
CNA APPOINTS MENSE CFO
CNA Financial Corp., an $11.7 billion commercial insurance company based in Chicago, hired D. Craig Mense as CFO. He succeeds Robert Deutsch, who left for personal reasons. Mense, 52, most recently was president and CEO of global run-off operations at St. Paul Travelers, where he was responsible for the company's discontinued businesses. Earlier, he was COO of the Gulf Insurance Group and worked for Travelers Property Casualty, where he served as CFO and senior vice president of bond and CFO and chief administrative officer of personal lines.
LEHMAN PROMOTES CONTROLLER O'MEARA TO CFO
Lehman Brothers, the $17.2 billion investment bank and brokerage in New York, named Christopher O'Meara CFO. He replaces Dave Goldfarb, who was named chief administrative officer. O'Meara, 43, most recently was Lehman's global controller. Since joining the company in 1994, he has held finance positions including financial controller, head of expense management and CFO for investment banking. Earlier, O'Meara was controller of several business units at Bankers Trust Co. and worked in the financial services practice of Ernst & Young LLP.
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