Curtis E. Espeland becomes the new senior vice president and CFO on Sept. 1 at Eastman Chemical Co., the $6.8 billion producer of chemicals, fibers and plastics based in Kingsport, Tenn. Espeland, 44, succeeds Richard A. Lorraine, 62, who is retiring after five years with the company. Espeland, a 12-year company veteran, has served as chief accounting officer since 2002. Scott V. King, 39, will take on that position while continuing as vice president and controller.
Thomas M. Manley is the new CFO at Avaya Inc., the $5.1 billion telecommunications company based in Basking Ridge, N.J. Manley, 49, takes over from Edwin J. Gillis, 59, a Teradyne Inc. director who was appointed interim CFO in October after Caroline Dorsa, 48, resigned to become senior vice president and CFO at Gilead Sciences Inc. Previously, Manley served as senior vice president of administration and CFO at Cognos ULC, an IBM Corp. subsidiary.
Ullrich E. Porzig is retiring as senior vice president, CFO and treasurer at Collective Brands Inc., the $3 billion maker and retailer of footwear and accessories based in Topeka, Kan. Porzig, 62, has served in his current positions since February 2006. Porzig will remain through the filing date of the company's Form 10-Q for the second fiscal quarter. A search for Porzig's successor is under way.
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Jeffrey A. Schwaneke takes on the role of controller at Centene Corp., the $2.9 billion healthcare provider based in St. Louis, Mo. Schwaneke, 33, joins Centene from Novelis Inc., where he served as assistant controller from May 2006 to October 2007, and as vice president, controller and chief accounting officer from October 2007 to June 2008. Schwaneke also worked at SPX Corp. from 2002 to 2006, where most recently he served as segment controller.
C. Timothy Trenary resigned as vice president and CFO of DURA Automotive Systems Inc., the $2.1 billion car parts manufacturer based in Rochester Hills, Mich., to accept a position at another company. Trenary, 52, joined the company in September 2007 after two years at Collins & Aikman Corp., where most recently he was executive vice president and CFO. Nick G. Preda, 56, a director and audit committee chairman, is serving as interim CFO.
Stephen Cumming takes on the role of vice president of finance and CFO at Atmel Corp., the $1.6 billion maker of semiconductors based in San Jose, Calif. Cumming, 38, replaces Robert Avery, 59, whose retirement after 19 years with the company was announced last October. Cumming joins Atmel from Fairchild Semiconductor International Inc., where he served in several financial positions from 1997 until his promotion to vice president of finance in 2005.
David DiStasio is the new chief accounting officer at iStar Financial Inc., the $1.4 billion real estate investment trust (REIT) based in New York. DiStasio, 43, succeeds Nicholas Radesca, also 43, who resigned in March. DiStasio joined iStar Financial after 12 years at CIT Group Inc., where he was CFO and controller of the consumer finance division from 2002 to 2008. Previously, DiStasio was a senior manager at KPMG LLP.
Rozanne Kokko moves up to senior vice president and CFO at Handleman Co., the $1.3 billion music distributor based in Troy, Mich. Kokko replaces Khaled Haram, who resigned after five months to join Pegasus Capital Advisors L.P. Kokko joined the company in 1997, and held several business and financial positions before becoming vice president of finance in 2001. Previously, Kokko spent 24 years in various audit, finance and operational roles at Kmart Corp.
Edward Christie III moves up to senior vice president and CFO at Frontier Airlines Holdings Inc., the $1.2 billion parent of Denver-based Frontier Airlines. Christie, 37, succeeds Paul H. Tate, 56, who resigned in March to become COO of Air Methods Corp. Christie joined the company in December 2002 and held several positions before becoming senior vice president of finance in February.
William D. Markert is the new CFO at Securus Technologies Inc., the $400 million provider of telecommunications services to correctional facilities based in Dallas. Markert, 43, succeeds Keith Kelson, 41, an eight-year company veteran who served four years as CFO. Markert joined the company after eight years at Eschelon Telecom Inc., where he was vice president of network financial management from 2001 through 2006, when he was promoted to executive vice president.
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