Wyeth, the $20.4 billion research-driven pharmaceutical and healthcare products company, with headquarters in Madison, N.J., elected Greg Norden senior vice president and CFO. Norden, 49, replaces Kenneth J. Martin, who has left to pursue other opportunities. Norden came to Wyeth in 1989 and has held various positions, including senior vice president and CFO of Wyeth Laboratories North America. Since 2000, Norden served as executive vice president and CFO of the Wyeth Pharmaceuticals division.
SYSCO Corp., based in Houston, named Bill DeLaney executive vice president and CFO of the $32.6 billion seller, marketer and distributor of food products for food service and hospitality industries. DeLaney, 51, replaces John Stubblefield, who retired. DeLaney came to SYSCO in 1987 as assistant treasurer and was named treasurer in 1991. In 1996, he became CFO of SYSCO Food Services of Syracuse. In 2002, he was promoted to executive vice president; in 2004, he was named president and CFO of SYSCO Food Services of Charlotte.
International Paper Co. elected Timothy S. Nicholls senior vice president and CFO of the $22 billion uncoated paper and packaging company, based in Memphis, effective Dec. 1. Nicholls, 46, will take over for Marianne Miller Parrs, who will be retiring. Nicholls began his career with Union Camp Corp. in 1991. Most recently, Nicholls served as executive project leader for a potential joint venture with Russian pulp and paper company, Ilim Pulp. Before that, he served as vice president and CFO of the company's European operations.
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Norfolk Southern Corp. named James A. Squires CFO of the $9.4 billion premier transportation company, with headquarters in Norfolk, Va. Squires, 45, succeeds Henry C. Wolf, who has retired after spending 34 years with Norfolk. Squires came to Norfolk in 1992 as an attorney and became senior vice president of law in 2004. In 2006, he was appointed senior vice president of financial planning. Squires then moved on to become executive vice president of finance in March 2007. He retains his executive vice president title.
Diebold Inc. promoted Timothy J. McDannold to vice president and treasurer of the $2.9 billion provider of self-service transaction and security systems for banks and electronic voting terminals, based in North Canton, Ohio. McDannold, 45, succeeds Robert J. Warren, who was promoted to vice president of corporate development and finance. McDannold joined Diebold in 1988 as a financial analyst. Over the years, he has held several positions of increasing responsibility. Since 2002, he served as vice president and assistant treasurer.
Foster Wheeler Ltd., the $3.5 billion engineering and construction contractor and power equipment supplier, based in Bermuda and Clifton, N.J., named Lisa Zadet Wood vice president and controller. Wood, 40, replaces Brian Ferraioli, who accepted a position with The Shaw Group. Prior to joining Foster Wheeler, Wood spent nine years with Deloitte & Touche, eventually serving as accounting and auditing manager. She joined a subsidiary of Foster in 1997 as deputy chief auditor. She was named chief accounting officer in 2003.
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