Joseph D. Ragan III is the new CFO at Boart Longyear Ltd., the $1.6 billion integrated drilling services provider and minerals industry products manufacturer, based in Salt Lake City, Utah. Ragan, 47, replaces Donald Newman, who added interim CFO to his titles of vice president and controller in October 2007 when Ronald Sellwood, retired. Ragan was previously senior vice president and CFO at GTSI Inc. August 2006 to September 2008. Succeeding Ragan at the $723.5 million technology solutions provider based in Chantilly, Va. is Peter Whitfield, 49, who will serve as interim CFO while continuing as vice president of financial planning, analysis and internal audit.
J. Eric Bjornholt will be the new vice president and CFO on Dec. 31 at Microchip Technology Inc., the $1 billion semiconductor maker based in Chandler, Ariz. Bjornholt, 38, replaces Gordon W. Parnell, 58, who will retire after almost 20 years with the company. Bjornholt joined the company in 1995 from KPMG LLP and served as director of financial reporting and tax from August 2003 to April 2008, when he was promoted to his current position of vice president of finance.
James C. Reagan is the new senior vice president and CFO at Vangent Inc., the $669.6 million provider of information management and business process outsourcing services based in Arlington, Va. Reagan, 50, replaces Lori L. Becker, 47, who became acting CFO in addition to vice president and controller after Christine M. Bailey, 51, resigned in August for personal reasons. Reagan joins the company from Deltek, where he was executive vice president and CFO from March 2005 to May 2008. From December 2004 to September 2005, Reagan held that position at Aspect Communications.
Greggory Kalvin has added the title of interim CFO to vice president and controller at DineEquity Inc., the $484.6 million franchisor and operator of Applebee's Neighborhood Grill & Bar and IHOP Restaurants based in Glendale, Calif. Kalvin, 49, succeeds Thomas G. Conforti, 50, who resigned to pursue other opportunities. Kalvin joins DineEquity as controller in July 2007. Previously, he held a number of financial positions at J2 Global Communications, including chief accounting officer from 2003 to 2007.
Brian A. Lutes is the new vice president and CFO at Sypris Solutions, the $435.9 million provider of technology-based outsourced services and specialty products based in Louisville, Ky. Lutes, 44, takes over from Anthony C. Allen, 49, who became acting CFO in addition to treasurer and assistant secretary after T. Scott Hatton, 41, resigned in July to become CFO of Portfolio Operations at a private-equity fund. Since August 2008, Lutes served as chairman for MAG Americas and vice chairman of finance and administration for MAG Global, a subsidiary of MAG Industrial Automation Systems. From 2005 to 2007, Lutes was vice president of finance and administration and CFO at the Wornick Co.
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