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Chief Financial Officer

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BUSINESS
March 30, 2000
Herb Hite has joined Irvine-based DisplayWorks as chief operating officer. He had been president and general manager of Exhibitgroup/Giltspur for more than four years. * Romolo Santarosa has been appointed senior vice president and chief financial officer of Eldorado Bancshares Inc. in Laguna Hills. He succeeds John Gordon, who recently resigned.
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ENTERTAINMENT
March 6, 2014 | By Joe Flint
Stu Snyder, p resident and chief operating officer of Time Warner's Turner Animation unit, is exiting. Snyder, who has overseen Turner's animation efforts, including the Cartoon Network, for six years, told his staff that he is resigning at the end of the month. "It is with mixed emotions that I share with you the news that I will be leaving the company at the end of the month," Snyder said in an email. "I have had the privilege of working and partnering with some of the most creative, talented and fun people in the business, who I will miss working with every day. " Snyder's departure comes in the wake of a new management regime taking the reins at Turner.
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BUSINESS
June 23, 2009 | Meg James
CBS is losing its top bean counter. Fred Reynolds, the longtime chief financial officer of CBS Corp., is stepping down next month and retiring in August. He will be succeeded by Joe Ianniello, who has been deputy chief financial officer. Reynolds, 58, has been CBS Chief Executive Leslie Moonves' Wall Street wingman for nearly a decade. He almost left the company in 2005, but Moonves, who commands extreme loyalty from his underlings, lured him back.
NEWS
February 26, 2014
Chris Avetisian was named senior vice president and chief financial officer of the Los Angeles Times in February 2008. Most of his career has been in publishing, with almost 30 years of business experience at The Times. Since 1978, Avetisian has worked in the operations, administration and finance departments at The Times. Most recently, he served as director of financial planning, where he coordinated all planning and capital needs of The Times. Avetisian's interest in business and the community led to his appointment to the Board of Directors of the Pacific Symphony in 2007.
BUSINESS
November 29, 1997 | Bloomberg News
Petsmart Inc. said its chief financial officer, Susan Schnabel, resigned to pursue other opportunities. The operator of pet-supply stores said Executive Vice President C. Donald Dorsey will serve as chief financial officer during the search for Schnabel's successor. Petsmart said Dorsey had served as chief financial officer from March 1989 until January 1997. Executives at the Phoenix-based company didn't immediately return phone calls.
BUSINESS
April 9, 1998 | Russ Stanton
Diedrich Coffee on Wednesday named Ann Wride, a finance veteran at several national restaurant chains, as its chief financial officer. Wride, 36, of Huntington Beach, was chief financial officer of the Coco's and Carrows chains, which are based in Irvine and owned by Advantica Restaurant Group Inc. of South Carolina. She joined Advantica in May 1996 from Irvine-based Family Restaurants Inc., which was selling Coco's and Carrows to Advantica for $313 million.
BUSINESS
November 26, 1997 | Bloomberg News
QAD Inc. said its chief financial officer, Dennis Raney, will resign. Raney, who started with the Carpinteria-based resource-planning software company in February, will step down Nov. 30. QAD Chief Executive Karl Lopker will assume the duties of chief financial officer while QAD looks for Raney's replacement. QAD also reported its fiscal 1998 third-quarter earnings. It had net income of $1.4 million, or 5 cents a share, compared with a loss of $2.79 million, or 12 cents, a year earlier.
BUSINESS
January 29, 2014 | By Tiffany Hsu
Starbucks Corp. Chief Executive Howard Schultz is passing off day-to-day duties at the world's largest coffee chain to his chief financial officer. Schultz will focus on blending the company's bricks-and-mortar, e-commerce, digital, card and mobile businesses - what he called “next generation retailing” in a statement Wednesday. He will also direct his energy toward advancing the Seattle business' loyalty program and beverage innovation. As he tries to pin down the company's broad-strokes strategy, CFO Troy Alstead will take over the daily grind.
ENTERTAINMENT
December 23, 2013 | By Joe Flint
Talent agency William Morris Endeavor has tapped former Microsoft executive Peter Klein as its new chief financial officer. Klein, who served as Microsoft's chief financial officer from 2009 to June of this year, will also have financial oversight of IMG Worldwide, the sports agency and marketing concern that WME is acquiring for about $2.3 billion. "The combination of WME and IMG creates a unique global platform in sports and entertainment, with tremendous growth potential," said Klein in a statement.
BUSINESS
December 11, 2013 | By Ricardo Lopez
Los Angeles-based Aecom Technology Corp. has appointed Michael S. Burke, who joined the company in 2005, as chief executive. Burke, 50, will succeed John M. Dionisio, 65, who has been nominated to be executive chairman of the company's board of directors. "I'm delighted and honored to have the opportunity to lead the 45,000 architects and engineers in our company," Burke said in a telephone interview. "We've had a great period of growth over the past eight years. " Burke was appointed chief financial officer in 2006 and president in 2011.
BUSINESS
October 9, 2013 | By Stuart Pfeifer
Two former top executives have sued Freedom Communications Inc., owner of the Orange County Register, saying the company has failed to pay them a combined $4.5 million in severance pay. Mitchell Stern, Freedom's chief executive from 2010 to 2012, and Mark McEachen, its chief financial officer during that time, stayed with the company after it was acquired by entrepreneur Aaron Kushner in July 2012. The executives said in an arbitration filing that they agreed to postpone their severance payments - $3.3 million to Stern and $1.2 million to McEachen - because of the company's "precarious finances.
ENTERTAINMENT
September 20, 2013 | By Ryan Faughnder
Lionsgate's chief financial officer, James Keegan, a 25-year veteran of the company, is retiring and will be succeeded by James Barge, the former CFO of Viacom. Keegan, 55, will retire on Oct. 1 and will stay on as a consultant until Jan. 3 to help with the transition, the company said Friday.  Barge, who will report to Lionsgate Chief Executive Jon Feltheimer, had already been working with Lionsgate as a consultant. He served as Viacom's CFO from 2010 to 2012 and earlier worked at Time Warner Inc. for 13 years.
ENTERTAINMENT
September 20, 2013 | By Joe Flint
Salil Mehta, a former senior executive at NBCUniversal, has joined Twentieth Century Fox Film as president of content management. In that newly created role, Mehta will oversee content distribution for the studio's movie and television fare, paying particular attention to exploiting new distribution platforms. Mehta will also have oversight over Twentieth Century Fox's technology and engineering activities and be heavily involved in its anti-piracy efforts. “Salil possesses the perfect mix of problem-solving skills, leadership proficiency, technological savvy and collaborative expertise to play a critical role in guiding our content through the multi-faceted media world we operate in today," said Twentieth Century Fox Chairman and Chief Executive Jim Gianopulos, to whom Mehta reports.
NEWS
September 19, 2013 | Bloomberg News
Joy Covey, who helped take Amazon.com Inc. public as the Internet retailer's chief financial officer, died Wednesday when her bicycle collided with a van  on a downhill stretch of road in San Mateo County. She was 50. Covey was riding her bicycle down Skyline Boulevard near Portola Valley, according to Art Montiel, a spokesman for the California Highway Patrol in Redwood City. She was pronounced dead at the scene. The San Mateo County coroner's office confirmed her identity. Covey, who lived in Woodside, was wearing a helmet, Montiel said.
ENTERTAINMENT
July 22, 2013 | By Joe Flint
Time Warner has tapped Howard Averill to be its chief financial officer after John Martin transitions from that role to chief executive of Turner Broadcasting next year. Averill is chief financial officer of Time Inc., the publishing unit that houses Time, Sports Illustrated and several other magazines that Time Warner is spinning off into a stand-alone public company later this year. Time Warner also said Joseph Ripp, a former chief financial officer of Time Inc., is returning to be its chief executive.
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