FEI Announces Election of 2010-2011 Board of Directors

MORRISTOWN, N.J., July 13 /PRNewswire/ -- Financial Executives International (FEI), the association of choice for CFOs and other senior-level finance executives, announced today the election of a new slate of executive officers for the fiscal year, effective immediately.

Brian B. Ruttencutter, CFO of the Cumming Group, Inc., was elected to the position of FEI's national chair, after serving as vice chair for the past two years. Ruttencutter, who has been a member of FEI since 1989 and a member of the FEI Board of Directors for nine years in various leadership roles, also served on the Strategic Planning, Budget and Finance, Audit, Ethics and Eligibility and Nominating Committees, among others. He was president of FEI's Orange County chapter from 1998-1999 and currently serves as a chapter director. Ruttencutter was a member of the Board of Trustees of Financial Executives Research Foundation (FERF) from 2004-2006. Prior to his tenure at the Cumming Group, Inc., Ruttencutter was president and CEO of ABC Window Company, Inc. and CFO and vice president of finance with Phillips Industries, Inc.

Additional elected officers for the 2010-2011 year include:

• George Boyadjis, executive director of CresaPartners, LLC, will now serve as national vice chair, after serving as senior vice president at large from 2009-2010. A member of the FEI Board for four years, Boyadjis chaired the Strategic Planning Committee for FEI and has also been a trustee and chair of FERF. He previously served as a member of FEI's Ethics and Eligibility Committee and as president of FEI's Twin Cities chapter.

• Marsha Hunt, president and CEO of Cummins Inc., will continue to serve as vice president at large. A FEI member since 2000, Hunt has been a trustee of FERF for seven years (2003-2010), as well as a member on the FEI Hall of Fame Selection Committee, Strategic Planning Committee and the Committee on Corporate Reporting. Hunt was formerly vice president and controller with Cummins Inc.

• Taylor Hawes, CFO of intellectual property and licensing for Microsoft Corporation, will now serve as vice president at large, following his role as treasurer in the last fiscal year. Before joining Microsoft Corporation, Hawes was the North America controller for U.K.-based Raleigh Bicycle Corporation. Hawes, a member of FEI since 2002, serves on the Committee on Finance and Information Technology (CFIT), and previously served as a trustee and chair of FERF.

• David B. Braden, assistant vice president and assistant treasurer with Cargill, Inc., joins the FEI Board in the role of treasurer. Braden has been a member of FEI since 1995 and was elected chairman of FERF in 2008.

• Katherine Anderson, CFO for the Seattle Opera, will continue to serve as secretary. Anderson previously served on the FEI Board of Directors as an area vice president. She is currently a member of the Strategic Planning Committee and has served on the Nominating, Pension and Investment, and Budget and Finance committees. She has been a member of FEI since 1994 and was the Washington State chapter president in 2001.

• Kim K. Gazzola, vice president for finance and administration at Cambridge College, was elected FERF chair. Gazzola, a member of FEI since 1989, was previously the president of the Boston chapter. Prior to her tenure at Cambridge College, she served in senior roles at Bridgewater State College, Wentworth Institute of Technology and Gaston & Snow.

"We are privileged to have these accomplished business leaders as part of our organization and on behalf of FEI, I am pleased to extend a warm congratulations on their well-earned positions on our board," said Marie N. Hollein, president and CEO of Financial Executives International. "These senior-level executives have all demonstrated excellent leadership and their contributions to FEI's mission and our members are invaluable."

About FEI

Financial Executives International is the leading advocate for the views of corporate financial management. Its 15,000 members hold policy-making positions as chief financial officers, treasurers and controllers at companies from every major industry. FEI enhances member professional development through peer networking, career management services, conferences, teleconferences and publications. Members participate in the activities of 85 chapters, 74 in the U.S. and 11 in Canada. FEI is headquartered in Morristown, NJ, with additional offices in Washington, DC, and Toronto. Visit www.financialexecutives.org for more information.

SOURCE Financial Executives International