Anant Bhalla was named corporate treasurer and head of risk management by Lincoln Financial, a Radnor, Pa.-based insurer and investment manager with $9.8 billion of 2008 revenue. Bhalla joins Lincoln from Ameriprise, where he was responsible for treasury and enterprise risk management.
Flowserve, a $4.4 billion company that provides flow control products and services, has created an Office of the CFO to handle the responsibilities of the chief financial officer. The office is composed of Richard Guiltinan, Flowserve's vice president of finance and chief accounting officer, and Dean Freeman, its treasurer and vice president of finance. Dallas-based Flowserve's previous CFO, Mark Blinn, was named president and CEO in October. Guiltanan, 55, has served as the company's principal accounting officer since 2004. Prior to joining Flowserve, he was CFO of Caltex Corp. Freeman, 45, joined Flowserve in 2006 and was named treasurer in May. Prior to joining Flowserve, he was CFO of European operations for Stanley Works.
Robert Sullivan has been appointed CFO and senior vice president of Textron Systems, a unit of Textron Inc. that provides aircraft systems and other technology to the defense and aerospace communities. On Jan. 4, he will succeed John Condon, Textron Systems' senior vice president of finance, who is retiring. Sullivan, 47, has worked at Wilmington, Mass.-based Textron Systems for 25 years and most recently served as vice president of finance and administration at Textron Defense Systems.
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R. Todd Joyce was named CFO and senior vice president of Watson Pharmaceuticals, a $2.5 billion company in Morristown, N.J. He succeeds Mark Durand, who is leaving for personal reasons. Joyce had served as the company's acting principal financial officer since July, when Watson announced that Durand was taking a leave for health reasons. Joyce, 51, joined Watson in 1997 as its corporate controller and added the title of treasurer in 2001. Earlier, he was vice president of tax at ICN Pharmaceuticals.
Weis Markets, a Sunbury, Pa.-based grocery chain with $2.4 billion of 2008 revenue, promoted Scott Frost to CFO, treasurer and vice president. He replaces Rick Mills, who left the company in July. Frost, 46, most recently served as the company's controller. He joined the company in 1984 as a staff accountant.
Copano Energy, a $1.6 billion midstream natural gas company, appointed Carl Luna CFO and senior vice president. He had served as interim CFO since August, when the previous CFO, Matthew Assiff, resigned. Luna, 40, joined Houston-based Copano in 2005 and was named vice president of finance in 2006. Earlier, he worked in the syndicated and leveraged finance group at J.P. Morgan Securities.
Terry Peterson was promoted to CFO of Deluxe Corp., the $1.4 billion printer of checks and business forms. He succeeds Richard Greene, who resigned. Peterson, 45, joined the St. Paul, Minn.-based company in 2004 as director of internal audit. He was named chief accounting officer in 2005 and added the title of vice president of investor relations in 2006. Prior to joining Deluxe, Peterson worked at Ecolab, Provell, Jostens and PricewaterhouseCoopers.
Bruker Corp., a $1.1 billion provider of instruments and solutions for scientific research, named Brian Monahan CFO. He replaces Bill Knight, who was named chief operating officer. Monahan, 38, most recently was chief accounting officer and vice president of finance at Billerica, Mass.-based Bruker, after joining the company in 2004 as corporate controller. He had served as manager of accounting and financial reporting at Fisher Scientific from 2002 to 2004 and earlier was an audit manager at PricewaterhouseCoopers.
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