Mr. Moody will direct all strategic and tactical financial operations for the biotechnology business. His extensive experience in managing rapid growth and delivering for investors will be instrumental in achieving Clinical Genomics’ expansion objectives, the company said.
“We are thrilled to welcome Roger to our leadership team,” said Lawrence LaPointe, CEO of Clinical Genomics. “His well-rounded executive experience will be a tremendous asset to Clinical Genomics as we enter our most important growth phase to date. Slone Partners has been instrumental in securing Roger, and we are thankful to have been able to recruit someone of his caliber. We firmly believe that Roger will be key in executing on the mission and long term value we are building.”
Mr. Moody served as CEO and remains a board director of GlySure Limited, a leading UK-based company specializing in continuous glucose monitoring. Prior to GlySure, Moody held several leadership positions including CFO at Nanosphere Inc. He also served as CFO at Medsn Inc. prior to becoming the executive vice president, managing director and then chief operating officer following its sale to Indegene. Moody holds a bachelor of science degree in finance from Syracuse University and an MBA from the University of Chicago.
Clinical Genomics, which is based in Bridgewater, NJ, develops products to improve early detection of colorectal cancer in both the screening and cancer recurrence setting. Founded in 2006, the company holds a broad intellectual property portfolio, including more than 20 patents.
Transitioning CFOs Seen Fast Tracking to CEO
La Quinta’s naming of Keith Cline as company president and chief executive officer is the latest in a running catalog of completed CEO searches that have resulted in the winning candidate coming from the CFO slot. Korn Ferry took on the search last fall after Wayne Goldberg stepped down from the post last September.
Slone Partners is a nationally recognized senior-level recruitment provider that specializes in delivering executive, management and leadership talent for the diagnostic, biopharmaceutical, healthcare information technology and laboratory testing industries. It has offices in Boston, New York, Washington, D.C. and San Francisco. Recently, Slone Partners was named to Hunt Scanlon Media’s “Top 50 Healthcare & Life Sciences Search Firms” rankings.
The need for top-flight financial executives is growing, say recruiters, and CFOs are in greater demand than most C-suite leaders. That raises the question of what exactly CEOs are looking for as they work with recruiters to find their next CFO. The position generally serves as a close advisor to the chief executive, so the stakes are high.
In recent months, search firms of all varieties have placed CFOs at various companies. Here’s a look at a few from the Hunt Scanlon Media archives:
Mercury Media enlisted WinterWyman Executive Search to help find its next CFO. Senior vice president and partner Ken Martin is spearheading the search. The CFO is expected to direct and oversee all of the financial activities of the company and will serve as a strategic business partner to the chief executive officer in driving operational initiatives and business strategy.
The Museum of Contemporary Art (MOCA) has retained Los Angeles-based Shelli Herman and Associates to find its next CFO. Shelli Herman, president of the recruitment firm, will lead the search along with her associate, Krista Haley. MOCA is seeking an experienced, results-oriented CFO for the museum’s strategic financial health, operational management and administration.
New York-based executive search firm The Risch Group placed Jason Emerson as CFO of Dynasty Financial Partners. Mr. Emerson, who has over 20 years of experience in the financial services industry, previously worked as managing director and chief operating officer for Convergex Execution Solutions.
Polachi Inc. placed Stephen Smith as executive vice president and CFO of Inseego Corp. in San Diego. Since 2016, Mr. Smith has worked as a financial consultant for multiple early and mid-stage SaaS, networking and 3D imaging businesses. He has also served as interim CFO of TetraVue Inc.
BridgeStreet Partners placed Tony Cossentino as CFO of J.W. Logistics. Dave Westberry, managing director of the search firm, led the search. Mr. Cossentino brings a wealth of financial and logistics experience in private equity, corporate sponsored and publicly traded middle-market growth companies primarily in the manufacturing, distribution and third-party logistics industries.
TRANSEARCH International placed Jarrett Pugh as the CFO of Greenberry Industrial LLC. The search was led by consultants Mike Morrow and John Ryan. Mr. Pugh has held several positions in the Gulf Coast area, where he recently worked as the manager of finance and project accounting in the oil, gas, and chemical division of CDI Corporation.
TillmanCarlson recruited Terence R. Rogers as EVP and CFO at Roadrunner Transportation Systems. Founder Rob Tillman led the searches. Mr. Rogers previously served for four years as CFO for the Heico Companies, LLC, parent company for a diversified portfolio of more than 35 businesses.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media