Wyeth appointed John C. Kelly vice president and controller of the $22.4 billion pharmaceutical and healthcare products company, with headquarters in Madison, N.J. Kelly, 65, is succeeding Paul J. Jones, who has retired. Since joining Wyeth in 2002, Kelly has filled a number of financial roles. Most recently, he served as vice president of finance operations. Before Wyeth, Kelly spent over 35 years with Arthur Andersen LLP, where he served as partner in charge of audit and head of accounting and audit practice.

The Goodyear Tire & Rubber Co., the $19.6 billion tire company, based in Akron, Ohio, has appointed Richard Noechel vice president and controller. Noechel, 39, succeeds Thomas A. Connell, who was appointed vice president and chief information officer. Noechel joined Goodyear in 2004 as assistant controller, and has been CFO of its South Pacific tire division since 2006. Previously he spent three years as vice president and controller of Kmart Corp. From 1997 to 2001, he served in various capacities with DaimlerChrysler.

Tyco International Ltd. the $18.8 billion provider of vital products and services, with headquarters in Pembroke, Bermuda, named Arun Nayar senior vice president and treasurer. Nayar, 57, succeeds Martina Hund Mejean, who left to become CFO of MasterCard International. Nayar comes to the company from PepsiCo Inc., where he was CFO of operations, and prior to that, vice president and assistant treasurer for its capital markets group. He also spent 11 years with both ABB Ltd. and Westinghouse Electric Corp.

W.W. Grainger Inc., the $6.4 billion supplier of facilities maintenance products, based in Lake Forest, Ill., named Ronald J. Jadin senior vice president and CFO. Jadin, 47, succeeds P. Ogden Loux, who has been named vice chairman. Most recently, Jadin served as vice president and controller. Jadin, also a 15-year veteran of General Electric Co., joined Grainger in 1998 to serve as director of financial planning and analysis. He also assumed the role of vice president of finance for Grainger's industrial supply division.

Bank of America Corp., the $124.3 billion financial services giant, with headquarters in Charlotte, N.C., promoted deputy treasurer Jeffrey J. Brown to corporate treasurer. Brown, 34, succeeds J. Chandler Martin, who has retired. Brown began his career with the bank 10 years ago as part of the bank's management development program for finance. He continued to work with the company in roles of increasing responsibility until November 2007, when he was named deputy treasurer overseeing the balance sheet division.

Sovereign Bank, the $4.9 billion savings and loan, based in Philadelphia, named Kirk W. Walters executive vice president and CFO. Walters, 52, replaces Mark R. McCollom, who has stepped down. Walters comes to the bank from Chittenden Corp., where he was executive vice president and CFO since 1996. He spent the previous seven years in a series of executive positions at Northeast Federal Corp., including chairman, CEO, president and COO. Prior to that, he was senior vice president and controller of California Federal Bank.

The Valspar Corp., the $3.2 billion paint and coatings manufacturer, based in Minneapolis, has named Lori A. Walker senior vice president and CFO. Walker, 50, succeeds Paul C. Reyelts, who is retiring. Walker joined Valspar in 2000 as assistant controller, was named vice president and controller in 2001, and was promoted to vice presdient, treasuer, and controller in 2004. Before joining the company, she spent 20 years of her career with Honeywell International Inc., where she served in various finance capacities.

W.R. Grace & Co., the $3.1 billion specialty chemicals and materials company, based in Columbia, Md., named Hudson La Force CFO. La Force, 43, succeeds Robert M. Tarola, who is retiring. La Force has been COO for the U.S Department of Education for the last three years. Prior to public service, La Force spent eight years at Dell Inc., where he held financial and business leadership roles in Austin and China. Before that he held positions at Allied Signal Inc. (now Honeywell International Inc.), Emerson Electric Co. and Arthur Andersen.