Compliance Week regularly tracks various personnel moves, board appointments, product releases, customer wins and industry gossip in the corporate governance realm. Submit announcements to Compliance Week Managing Editor Matt Kelly.

Executive Moves

Brod

Microsoft has hired Frank Brod as the company’s chief accounting officer and vice president for finance and administration. Brod most recently was controller of Dow Chemical, and is a member of FASB’s Emerging Issues Task Force, among other professional associations.

Gareth Davies has joined mortgage finance giant Freddie Mac as senior vice president for enterprise operational risk. Davies previously spent the last five years as chief risk officer at GE Asset Management; he will report to Anurag Saksena, Freddie Mac’s chief risk officer.

Recruitment giant Monster Worldwide has created a new chief risk officer position, and named Timothy Spillane to fill it. Spillane has been with Monster since 2000 and previously headed up the company’s internal audit function.

Alexander & Baldwin, an oceanic shipping business based in Honolulu, has named Paul Ito controller. He replaces Thomas Wellman, who has taken a position at another company. Ito previously worked at Deloitte & Touche, and joined A&B in 2005 as director of internal audit. A&B also parceled out Wellman’s other duties as treasurer to Christopher Benjamin, who will now hold the title of treasurer, and to Timothy Reid, who will be assistant treasurer.

Software company Microvision has promoted Jeffrey Wilson from chief accounting officer to chief financial officer. Wilson joined the Redmond, Wash., company in 1999 as controller.

Denver-based Matrix Bancorp has named Benjamin Hirsh chief accounting officer. Hirsh joined Matrix in 2000 as director of internal audit, and has been chief financial officer of the company’s Matrix Capital Bank subsidiary since 2001.

Exact Sciences Corp. in Marlborough, Mass., has reorganized its financial team. Harry Wilcox, currently chief financial officer and treasurer, will relinquish those positions and assume a part-time role as vice president of corporate development. Jeffrey Luber, Exact’s general counsel and corporate secretary, will assume Wilcox’s duties as CFO. Chuck Carelli, the company’s controller, has been promoted to vice president of finance.

Insurer New York Life has named Mark Arning a senior vice president. He also continues to hold his responsibilities as deputy general auditor of the company’s corporate audit department; he has been with New York Life since 1997.

Beagley

New York-based Mercer Human Resources Consulting has named Andrew Beagley as chief compliance officer. Beagley comes to Mercer from Citigroup Asset Management, where he was also chief compliance officer.

In Mountain Lakes, N.J., Computer Horizons Corp. announced the departure of Chief Financial Officer Michael Shea after 11 years on the job. He has been replaced by Barbara Moss, formerly CHC’s director of internal audit.

Netlist, a memory-chip maker in Irvine, Calif., has hired Lee Kim as chief financial officer and Gail Itow as director of finance. Kim previously worked at Epicor Software Corp.; Itow comes from eMotion, where she was vice president and treasurer.

On The Board

In Fitchburg, Mass., biotech company Arrhythmia Research Technology appointed Jason Chambers to its board of directors. Chambers is chief executive officer of Mountain Brook Water.

National Health Realty in Murfreesboro, Tenn., recently announced the death of Joel Jobe, chairman of the company’s audit committee. Jobe had served on NHR’s board since 2004. His death leaves the real estate trust in violation of American Stock Exchange governance rules, and the company hopes to appoint a replacement by July 12. No replacement has been named so far.

Phillips

Susan Phillips, dean of the George Washington University School of Business, has been appointed to the board of trustees of the Financial Accounting Foundation. FAF is the oversight group for the Financial Accounting Standards Board and the Government Accounting Standards Board.

Bahamas-based Steiner Leisure has appointed Cynthia Cohen to its board of directors, filling a vacancy created by the resignation of Jonathan Mariner. Mariner had been chairman of the compensation committee and a member of the audit committee; Cohen will serve on both those capacities in his stead, and director David Harris will now chair the compensation committee. Cohen is president of Strategic Mindshare, a consulting firm, and previously worked at Deloitte & Touche.

In Rockville, Md., HealthExtras has named Kenneth Samet to its board of directors. Samet, chief operating officer of hospital chain MedStar Health, will serve on HealthExtras’ audit and compensation committees. The board has also combined its nominating committee and ethics and governance committee into one panel addressing both functions.

From The Vendors

Compliance software maker IBS America has released an enterprise risk management module for its CompliantPro product. The ERM module aims to automate organization-wide compliance, with particular emphasis on Sections 302 and 404 of the Sarbanes-Oxley Act.

New York-based BWise, a maker of compliance software, has released EZ Control, a template version of its In Control solution to streamline compliance procedures for small and medium-sized businesses.