CMGI Inc. appointed Steven G. Crane CFO of the $1.1 billion supply-chain management services and solutions, based in Waltham, Mass. Crane, 50, succeeds acting CFO David Riley, who has been named executive vice president of corporate development. Prior to joining CMGI, Crane served as president of FT Interactive Data Corp., a division of Interactive Data Corp.

Covad Communications Group Inc. has appointed Justin Spencer acting CFO of the $474 million provider of integrated voice and data communications, which is based in San Jose, Calif. Spencer, 35, replaces Chris Dunn, 35, who left to pursue other interests. Prior to his arrival at Covad in 2002, Spencer held key strategy and product management positions at Hewlett-Packard Co.

Hub Group Inc. named Terri A. Pizzuto executive vice president, CFO and treasurer of the $1.6 billion light freight transportation management company, which is based in Downers Grove, Ill. Pizzuto, 48, replaces Thomas M. White, who is resigning in order to pursue other opportunities. Before joining the company in 2002, Pizzuto was a partner in the Assurance and Business Advisory Group at Arthur Andersen LLP.

IMAX Corp. has named Joseph Sparacio executive vice president of finance and CFO of the $145 million motion picture technology company, which has headquarters in Mississauga, Ontario. Sparacio, who will be based in the New York office, succeeds acting CFO Edward MacNeil, who will continue in an unidentified financial role in the Toronto office. Sparacio spent eight years with Ernst & Young LLP at the beginning of his career, and between 1990 and 1994 he served in positions of increasing responsibility for Loews Theater Management Corp. He left Loews in June 2002 to become senior vice president and CFO of iN Demand LLC.

Kaiser Aluminum Corp. named Lynton Roswell chief accounting officer of the $1.3 billion producer of fabricated aluminum products for aerospace, automotive and custom industrial applications, with headquarters based in Foothill Ranch, Calif. Roswell, 32, replaces Daniel D. Maddox, who had been vice president and controller, and whose employment agreement expired in March 2007. Roswell joined Kaiser in October 2006 from GeoLogistics Corp., where he was assistant corporate controller. Prior to GeoLogistics, he was an audit senior manager with Ernst & Young LLP.

Quaker Chemical Corp. has appointed Mark A. Featherstone vice president, CFO and treasurer of the $460 million provider of process chemicals. Featherstone, 44, replaces Neal Murphy, who has left to pursue a role with Sunoco Logistics Partners L.P. Featherstone joined Quaker Chemical Corp. in 2001 as the global controller and in 2005 assumed the role of vice president. He has also held various positions in financial management with Coty Inc. and Scott Paper Co.

Saks Inc. has announced the departure of Michael G. Archbold, the current executive vice president, CFO and chief administrative officer of $2.7 billion Saks Fifth Avenue Enterprises. Saks is terminating the position. Archbold, has accepted the position of executive vice president, COO and CFO at Vitamin Shoppe Industries Inc., a vitamin retailer with $436 million in sales.

UST Inc. has announced that Robert T. D'Alessandro the company's CFO has retired. While the $1.9 billion company begins their search for D'Alessandro's successor, chief accounting officer James D. Patracuolla will step in as acting CFO. D'Alessandro, was appointed senior vice president and CFO in January 2000. He has served various roles throughout the company's accounting and finance since joining UST in 1981.