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Erica L. Green and Erica L. Green | April 29, 2014
Baltimore city schools' finance chief will leave at the end of the school year to head back north to Connecticut. Victor De La Paz was appointed chief financial officer of the New Haven, Conn. school district Tuesday night, according to published reports.  According to the New Haven Independent, De La Paz will start his post there on July 14. De La Paz was brought here from Hartford, Conn. by former schools CEO Andres Alonso in 2012, and his departure means that Baltimore will most likely see a complete turnover of central office leadership when incoming superintendent Gregory Thornton starts his tenure on July 1.  Thornton announced key appointments to his cabinet, including a new chief of staff and chief academic officer, last week.
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NEWS
By Doug Donovan and Colin Campbell and The Baltimore Sun | September 22, 2014
The chief financial officer of Prince George's County public schools and his wife resigned Monday, after the Maryland Insurance Administration found that the couple committed fraud on their personal insurance. The school system is also ordering "external independent auditors to confirm there are no improprieties" relating to its $1.8 million budget, according to a statement issued by board chairman Segun Eubanks and schools chief executive Kevin Maxwell. The Baltimore Sun informed school officials Friday of the insurance agency's findings that chief financial officer Colby White, and his wife, Keisha White, an auditor for the schools, knowingly submitted false information to an insurance company last year in an attempt to receive payment for a lost diamond ring that another insurer had covered six months earlier.
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EXPLORE
August 22, 2011
Donald W. Biles, of Bel Air, has been named chief financial officer of The Arc Baltimore. A lifelong Maryland resident, Biles has spent his entire career in finance and accounting, primarily for organizations in the healthcare and community service fields. He previously served as budget director for a hospital and a school system, controller and CFO for a large ambulatory healthcare system and two mental health providers, and, most recently, chief operating officer for a prosthetic and orthotic company and a credit union.
NEWS
Doug Donovan and The Baltimore Sun | September 20, 2014
Buying a diamond ring is always a costly expense. Claiming to lose it — twice — came at an even steeper price for Colby White, chief financial officer for Prince George's County public schools. The Maryland Insurance Administration has ruled White and his wife, Keisha, who works as an internal auditor for the school system, committed insurance fraud by filing a claim for a lost diamond ring that another insurer had already paid $16,313 to replace months earlier. The agency said the couple "knowingly violated" Maryland insurance law in filing two claims for the same loss.
EXPLORE
December 27, 2012
Robert France, a 20 year real estate veteran from Bel Air, has been named by Keller Williams Realty American Premier Realty as it's Market Center Administrator/CFO. "I have known Robert for over 20 years," said Di Mahaffey, broker and head of American Premier Realty's ownership group, "and feel truly blessed that Robert has brought his talent to us. " France has an extensive background in the administration and financial side of the real estate industry. He started his career in bookkeeping and office management with several contractors and a local college prior to obtaining his Real Estate License in 1993, and affiliating with Coldwell Banker Grempler Realty, where he become an instructor and Branch Administrator.
EXPLORE
November 14, 2011
The boards of directors of the Harford Mutual Insurance Companies, based in Bel Air, have announced election of Mark D. King, CPA, to be vice president and chief financial officer for the firm, effective Oct. 10. King assumes direct oversight responsibilities for the accounting, finance and treasury areas of the company, and will address financial strategic and operational activities. A resident of Ellicott City, King received his bachelor's degree in accounting from Towson University and his CPA designation in 1992.
BUSINESS
By a Sun Staff Writer | May 1, 1995
Chief financial officers are much more than just clerks these days, a New York headhunter says.Decades after the position evolved from a job for a bookkeeper in chief who ranked lower in most companies than manufacturing managers and marketing executives, the chief financial officer is now the No. 3 or No. 4 executive in most transnational corporations, says Dwight Foster, managing director of the New York search firm Foster Partners."
BUSINESS
By Paul Adams and Paul Adams,Sun reporter | May 19, 2007
E. Follin Smith, who in six years as chief financial officer helped steer Constellation Energy Group from a shaky, debt-laden power company to No. 119 on the Fortune 500, announced yesterday she is stepping down to spend more time with her family. Smith, 47, one of the most powerful women in corporate Baltimore, will be replaced by John R. Collins, currently chief risk officer of the $19.3 billion energy conglomerate. Her resignation took effect immediately, though she will act as a consultant to the company until February.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | July 7, 2010
Legg Mason Inc.'s chief financial officer is leaving the Baltimore-based investment firm for a senior position at a privately held asset manager on the West Coast, the company announced Wednesday. C.J. Daly, 48, has been with Legg for 22 years, including about nine years as CFO. Terrence Murphy, chief operating officer with Legg affiliate ClearBridge Advisors in New York has been named interim CFO while the company looks for a permanent replacement for Daly. Murphy, 42, has more than 20 years of finance experience, including serving as CFO of Citigroup Asset Management before Legg acquired Citigroup's money management arm five years ago. eileen.ambrose@baltsun.com
NEWS
By Liz Bowie and Liz Bowie,liz.bowie@baltsun.com | September 24, 2009
The Baltimore school board appointed the director of business administration at a small Pennsylvania school district to fill the job of chief financial officer, a top-level job overseeing the system's $1 billion budget. The board on Tuesday night also elevated Linda Eberhart, a well-regarded middle-school math teacher who had gone on to be the city school director of math, to lead all curriculum and professional development in the system. Michael Frist, who will take over Oct. 19, is currently working at the North Penn School District in Lansdale, a suburb of Philadelphia.
NEWS
Erica L. Green and Erica L. Green | April 29, 2014
Baltimore city schools' finance chief will leave at the end of the school year to head back north to Connecticut. Victor De La Paz was appointed chief financial officer of the New Haven, Conn. school district Tuesday night, according to published reports.  According to the New Haven Independent, De La Paz will start his post there on July 14. De La Paz was brought here from Hartford, Conn. by former schools CEO Andres Alonso in 2012, and his departure means that Baltimore will most likely see a complete turnover of central office leadership when incoming superintendent Gregory Thornton starts his tenure on July 1.  Thornton announced key appointments to his cabinet, including a new chief of staff and chief academic officer, last week.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | March 5, 2013
Legg Mason Inc. might eliminate some of its less popular investment funds and some of its 32 offices as it continues to look at ways to operate more efficiently, the chief financial officer of the Baltimore-based money manager said Tuesday. CFO Pete Nachtwey comments about cost-cutting came in response to a question at a Citigroup financial conference in Boston. He said Legg now has more than 400 funds, and many of them haven't attracted sufficient assets. Those might be merged into other Legg funds or the money returned to investors in a move that also will "decrease the complexity of our fund complex," Nachtwey said.
EXPLORE
December 27, 2012
Robert France, a 20 year real estate veteran from Bel Air, has been named by Keller Williams Realty American Premier Realty as it's Market Center Administrator/CFO. "I have known Robert for over 20 years," said Di Mahaffey, broker and head of American Premier Realty's ownership group, "and feel truly blessed that Robert has brought his talent to us. " France has an extensive background in the administration and financial side of the real estate industry. He started his career in bookkeeping and office management with several contractors and a local college prior to obtaining his Real Estate License in 1993, and affiliating with Coldwell Banker Grempler Realty, where he become an instructor and Branch Administrator.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | January 24, 2012
W. Thomas Barnes, retired chief financial officer of Johns Hopkins Hospital whose charitable interests included many Baltimore nonprofits, died Jan. 17 from chronic obstructive pulmonary disease at the Broadmead retirement community in Cockeysville. The former longtime Lutherville resident was 85. The son of the vice president of finance for the Baltimore & Ohio Railroad and a homemaker, William Thomas Barnes, who never used his first name, was born in Baltimore and raised on Allendale Street in West Baltimore.
EXPLORE
November 14, 2011
The boards of directors of the Harford Mutual Insurance Companies, based in Bel Air, have announced election of Mark D. King, CPA, to be vice president and chief financial officer for the firm, effective Oct. 10. King assumes direct oversight responsibilities for the accounting, finance and treasury areas of the company, and will address financial strategic and operational activities. A resident of Ellicott City, King received his bachelor's degree in accounting from Towson University and his CPA designation in 1992.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | September 9, 2011
Several top Constellation Energy executives would hold senior leadership positions in the combined company if its planned merger with Exelon Corp. is approved, Exelon said Friday. Jonathan W. "Jack" Thayer, Constellation's chief financial officer, would become executive vice president and chief financial officer of the combined company, Exelon announced. A filing with the Securities and Exchange Commission said Kathleen W. Hyle, senior vice president of Constellation Energy who now heads the company's growing retail and wholesale energy business, will continue to oversee the commercial businesses through the closing of the merger and is in discussions about a senior role within Exelon.
BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | February 1, 1991
Alan P. Hoblitzell Jr., former chairman and chief executive officer of MNC Financial Inc., has been appointed executive vice president and chief financial officer of the Ryland Group.Hoblitzell, 59, retired from the financially troubled Baltimore bank-holding company in September. He is to take on his new duties at the building and mortgage company Monday.Separately, Ryland announced the formation of Ryland Trading Ltd., a subsidiary to develop international markets. Its president will be Thurman W. Bretz, who had been Ryland's chief financial officer.
BUSINESS
By BLOOMBERG NEWS | December 12, 2002
LEXINGTON, Mass. - Raytheon Co. Chief Financial Officer Frank Caine resigned yesterday and was immediately replaced by Controller Edward Pliner, two weeks after the Securities and Exchange Commission sanctioned Caine for violating a rule barring selective disclosure of financial information. Pliner, 44, was a partner for PricewaterhouseCoopers LLP, Raytheon's auditor, before joining the defense contractor in April 2000. Caine, 52, will remain with the company awhile to assist Pliner, Raytheon said.
EXPLORE
August 22, 2011
Donald W. Biles, of Bel Air, has been named chief financial officer of The Arc Baltimore. A lifelong Maryland resident, Biles has spent his entire career in finance and accounting, primarily for organizations in the healthcare and community service fields. He previously served as budget director for a hospital and a school system, controller and CFO for a large ambulatory healthcare system and two mental health providers, and, most recently, chief operating officer for a prosthetic and orthotic company and a credit union.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | July 7, 2010
Legg Mason Inc.'s chief financial officer is leaving the Baltimore-based investment firm for a senior position at a privately held asset manager on the West Coast, the company announced Wednesday. C.J. Daly, 48, has been with Legg for 22 years, including about nine years as CFO. Terrence Murphy, chief operating officer with Legg affiliate ClearBridge Advisors in New York has been named interim CFO while the company looks for a permanent replacement for Daly. Murphy, 42, has more than 20 years of finance experience, including serving as CFO of Citigroup Asset Management before Legg acquired Citigroup's money management arm five years ago. eileen.ambrose@baltsun.com
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