Avaya, a $5.5 billion communication systems and software provider, named Dave Vellequette CFO and senior vice president. He succeeds Anthony Masetti, who is leaving the company. Vellequette, at right, joins Avaya from JDS Uniphase, where he was CFO since 2005. He has also served as vice president of worldwide sales and service operations at Openwave Systems and worked in finance at Cisco.

Ingredion, a $6.2 billion Westchester, Ill.-based company that produces starches, sweeteners and other ingredients, appointed Matthew Galvanoni corporate controller and vice president. He succeeds Robin Kornmeyer, who will retire. Galvanoni, 40, joins Ingredion from Exelon, where he worked for 10 years, most recently serving as assistant corporate controller and vice president. Galvanoni, who was included in Treasury & Risk's 2009 40 Under 40 list, has also worked at PricewaterhouseCoopers as senior manager of assurance.

Timken Co., a $5.2 billion dollar Canton, Ohio-based transmission manufacturer, named Kevin Beck assistant treasurer. He replaces Andrzej Polak, who left the company to pursue other opportunities. Beck, 43, most recently served as controller for Timken's aerospace and defense unit. Since joining the company in 1998, he has held multiple positions at Timken, including senior financial analyst. Paul Locke will succeed Beck as controller for the aerospace and defense unit; Locke most recently served as assistant controller for Timken's mobile industries unit.