Cardinal Health Inc., the $65 billion distributor of pharmaceuticals and other healthcare products, named Jeffrey Henderson CFO and executive vice president. The company's last CFO, Richard Miller, resigned in July 2004 amid inquiries into the company's accounting and financial reporting practices, including an SEC investigation. Since then, J. Michael Losh, a member of Cardinal's board and CFO of General Motors Corp. until he retired in 2000, has served as interim CFO. Henderson, 40, joins Dublin, Ohio-based Cardinal from Eli Lilly & Co., where he most recently was president and general manager of Eli Lilly Canada. He joined Lilly in 1998 as treasurer and has also served as its corporate controller. Earlier, Henderson spent 10 years at GM.
Merrill Lynch & Co., the $32.4 billion brokerage based in New York City, named Jeffrey Edwards CFO. He succeeds Ahmass Fakahany, who was promoted to vice chairman and chief administrative officer. Edwards, 44, most recently was Merrill's senior vice president and head of investment banking for the Americas region. Since joining the company in 1987 as an associate in investment banking, he has served in positions including head of global capital markets and financing, co-head of global equity markets and co-head of the equity capital markets group.
Countrywide Financial Corp., a $13.8 billion mortgage finance company, promoted Eric Sieracki to CFO and executive managing director. He succeeds Thomas McLaughlin, Countrywide's CFO since 2001, who left the Calabasas, Calif.?? 1/2 based company to pursue other interests. Sieracki, 48, was most recently Countrywide's senior managing director of corporate development and investor relations. Since joining the company in 1988, he has served in finance jobs including corporate treasurer, managing director of corporate finance and communications and executive vice president of corporate finance. Earlier, Sieracki was a manager at Grant Thornton LLP.
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Yum! Brands Inc., a $9 billion fast-food franchiser whose restaurants include Pizza Hut and Taco Bell, named Rick Carucci CFO. He replaces Dave Deno, who was promoted to COO of Louisville, Ky.?? 1/2 based Yum! in October 2005. Carucci, 47, previously served as executive vice president and chief development officer of the company's international unit, and earlier was CFO of the international unit.
Johnson Controls Inc., a $26.5 billion maker of car components in Milwaukee, Wisc., named Jeffrey Augustin corporate controller and vice president. He replaces R. Bruce McDonald, who was named assistant CFO and vice president in September 2004. Augustin, 43, was most recently corporate controller and vice president of finance at Gateway Inc. Previously, he worked in finance at Allied Signal/Honeywell and IBM Corp.
ArvinMeritor Inc., an $8 billion maker of commercial vehicle components based in Troy, Mich., hired James Donlon as CFO and senior vice president. He replaces Rakesh Sachdev, the company's interim CFO and controller, who was promoted to senior vice president of corporate strategy. Donlon, 58, most recently was CFO and senior vice president of Kmart Corp. Earlier, he spent 25 years at DaimlerChrysler Corp., where his last position was controller. Donlon started his career at Ford Motor Co.
R. R. Donnelley & Sons Co., a $7.1 billion printing company based in Chicago, named Michael Graham corporate controller and senior vice president. He replaces Richard Sansone, who has taken on other duties. Graham, 44, joined Donnelley from Sears Roebuck and Co., where he was controller and vice president. Earlier, he was CFO and executive vice president of corporate development at Aegis Communications Group Inc. and CFO of Wellbridge Co.
Reynolds American Inc., a $6.4 billion tobacco maker based in Winston-Salem, N.C., named Michael Desmond chief accounting officer-designate and senior vice president. He will replace Thomas Adams, who was named senior vice president of business processes for the company's subsidiary, R.J. Reynolds Tobacco Co. Desmond, 38, most recently was a partner at Deloitte & Touche LLP and earlier worked at Arthur Andersen LLP.
Lincoln National Corp., a $5.3 billion insurance company based in Philadelphia, named Duane Bernt treasurer and vice president. He replaces Frederick Crawford, who was promoted to CFO in November 2004. Bernt, 34, most recently was second vice president of corporate planning and development and earlier served as head of product management. He joined Lincoln as assistant vice president of product management in 1998, when it acquired Cigna Corp.'s individual insurance unit.
Owens-Illinois Inc., a $6.1 billion maker of glass containers based in Toledo, Ohio, named Edward White CFO. He succeeds Thomas Young, who is retiring. White, 57, most recently was director of sales and marketing for the Europe division. Earlier, he held positions including head of the European integration team, corporate controller and senior vice president of finance and administration. White joined the company in 1973.
Swift Transportation Co., a $2.8 billion regional truckload carrier based in Phoenix, Ariz., named Glynis Bryan CFO and executive vice president. She succeeds Gary Enzor, who left to become CFO of Quality Distribution Inc. Bryan, 46, most recently was CFO of APL Logistics Services. Earlier, she spent 16 years at Ryder System Inc., where her positions included treasurer, senior vice president of capital services and CFO of transportation services, the company's largest business unit.
PepsiAmericas Inc., a $3.3 billion bottler based in Minneapolis, Minn., named Alex Ware CFO and executive vice president. He succeeds Mike Durkin, who was appointed executive vice president of U.S. operations. Ware, 42, was most recently PepsiAmericas' senior vice president of planning and corporate development, after serving as vice president of finance for the East group. Before joining PepsiAmericas in 1999, Ware worked in finance, strategic planning and corporate development at PepsiCo Inc.
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