ON THE MOVE - CIOs' Stock Rising in Finance Industry

By Meridith Levinson
Mon, August 01, 2005

CIO

Glen Salow was named executive vice president of technologies and operations at Ameriprise Financial (formerly American Express Financial Advisors), which American Express spun off earlier this year. Most recently, Salow, 48, was AmEx’s executive vice president and CIO. Stephen Squeri, 46, a 20-year AmEx veteran, succeeds Salow. Squeri was most recently president of the company’s Global Commercial Card group.

W. Roy Dunbar, 44, president of global technology and operations with MasterCard, was elected to the board of directors of health insurance provider Humana.

Elsewhere in the financial services sector, KeyCorp appointed Georgia Pacific’s CIO, H. James Dallas, to its board of directors, and securities trader Knight Capital Group added Sony Electronics’ senior general manager and CIO, James T. Milde, to its board.

Travel CIOs Take Off

After 14 years with the travel, hospitality and real estate titan, Mickey Lutz left Cendant and joined a Silicon Valley startup. Most recently, Lutz was CIO for Global Agency Solutions with Cendant Travel Distribution Services. During his tenure, he also worked with the Avis Group and Galileo (both of which are owned by Cendant) and PHH, which the company spun off earlier this year.

Mike Kistner checked out as CIO and senior vice president of distribution with Best Western after more than four years with the hotel chain. He has joined Pegasus Solutions as the IT services provider’s senior vice president of service delivery and operations. Kistner was a member of Pegasus’s board in the mid-’90s when he worked for Super 8 Motels as an executive vice president.

Scott Gibson, a 20-year veteran of the hospitality industry, has replaced Kistner at Best Western. Most recently, Gibson was senior vice president and CIO at Kerzner International Resorts.

A New Face in Apparel

Michael Saunders has joined Kellwood as CIO. The $2.5 billion company markets clothes for such brands as Calvin Klein, Nautica, Ralph Lauren and Liz Claiborne.

In related news, Liz Claiborne has expanded the role of its CIO, John Sullivan, as part of an organizational realignment. Sullivan adds the responsibility for sourcing supplies such as fabric to his portfolio, which includes customer service. His new title is senior vice president of sourcing, service and systems.

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