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PetSmart alum named new Under Armour CFO
As CFO Brad Dickerson plan his transition out of the sports apparel industry, Under Armour has named Chip Molloy, former CFO of PetSmart, as his replacement. He will start on Jan. 19. Molloy will work closely with Dickerson during the transition, the Baltimore company announced Tuesday. Dickerson will stay on as CFO through February. David […]
CFO with John Hancock-size signature? You’re a narcissist, study says
It’s only a myth that John Hancock scrawled his famous signature so large so that King George could read it. But a new study says that company leaders trying to replicate Hancock’s efforts with their own autographs might produce financial troubles for their companies. A working paper from the University of Maryland’s Robert H. Smith […]
Prince George’s County schools CFO resigns
The chief financial officer for Prince George's County public schools has resigned after the Maryland Insurance Administration found he committed insurance fraud.
Washington REIT’s CFO leaving
Washington Real Estate Investment Trust, of Rockville, an owner of commercial and multifamily properties in the D.C. area, this week announced that Bill Camp, the company’s executive vice president and chief financial officer, will step down. The company said he is leaving “to pursue other opportunities.” Washington REIT said Camp is expected to stay as […]
USG hires former Exelon CFO
CHICAGO — Wallboard maker USG Corp. said Monday that it named Matthew Hilzinger as its executive vice president and chief financial officer. Hilzinger, a former CFO of Exelon Corp., succeeds Richard Fleming, 64, who will remain with Chicago-based USG as an executive vice president until his expected retirement later this year. Hilzinger’s appointment is effective […]
Entrepreneur is back in business with new partners
BETHESDA — Even after his first attempt to open an indoor cycling studio failed, entrepreneur Marc Caputo said he never thought that he wouldn’t be able to make it work. “Whether it was three months, or six months, or a year… it was going to resurface,” he said. And so it has, six months later […]
Dodgers CFO testifies at creditors meeting
WILMINGTON, Del. — The chief financial officer for the Los Angeles Dodgers says the organization made no payments or loans to team owner Frank McCourt in the two years before the club’s bankruptcy filing. Peter Wilhelm also said Wednesday that McCourt contributed $23.5 million to the Dodgers in the 90 days prior to the bankruptcy. […]
Maykrantz to take over as president of St. John Properties
Edward A. St. John, president of St. John Properties Inc., has appointed his successor. Lawrence F. Maykrantz, senior vice president and CFO, will take over daily operations of the firm that owns and has developed more than 14 million square feet of commercial, office, retail and warehouse space in Maryland, Colorado, Louisiana, Virginia and Wisconsin, […]
Public Defender audit finds flaws
The Maryland Office of the Public Defender must fine-tune its procedures for determining who is eligible for its services and improve its bookkeeping and fee collection practices, according to a legislative audit published Tuesday. The audit, which covered mid-2007 through mid-2010, also faulted the indigent legal defense agency for contracting out network and database management […]
Daily Record investigation: EBDI salaries, staff increased during recession
As the nation headed into its worst recession since the Great Depression, staffing and salaries at East Baltimore Development Inc. skyrocketed between 2005 and 2009, Internal Revenue Service documents show. The pay and benefits at the nonprofit increased by 46 percent, from $2.6 million in 2005-2006 to $5.6 million in 2008-2009, when eight employees made […]
LaSalle Hotel names new CFO
BETHESDA — LaSalle Hotel Properties said Wednesday it named Bruce A. Riggins as executive vice president and chief financial officer, effective Jan. 24. Riggins currently serves as CFO of Interstate Hotels & Resorts. The company also promoted Kenneth G. Fuller to treasurer, effective immediately. Fuller has been with LaSalle since 2000 and has been involved […]
BJs cuts almost 500 jobs, names new CFO
BJ’s Wholesale Club, a potential takeover target, will shave hundreds of jobs and close five stores by the end of the month. The nation’s third-largest warehouse club also said Wednesday that its chief financial officer is retiring. Three stores in Atlanta will be shuttered, along with one in Sunrise, Fla., and one in Charlotte, N.C. […]
