Babcock & Wilcox (B&W), an advanced energy technology and services company, has hired Anthony Colatrella as senior vice president (SVP) and chief financial officer (CFO). Colatrella replaces Michael Taff, who resigned from his position as CFO. Taff is expected to continue to serve under his consulting agreement on a temporary basis to assist Colatrella’s transition into his new position.
Colatrella has over 30 years of both private and public company financial experience. Most recently, Colatrella served as CFO of Momentive Performance Materials, a global manufacturer of silicones, from January 2009 to October 2010, when it was combined with another specialty chemical company in a US$7.5bn public merger.
Prior to joining Momentive Performance Materials, Colatrella held the position of vice president and CFO of Paxar. Previously, he held senior leadership positions at The Scotts Miracle-Gro Company and United Technologies, including responsibility for finance, accounting, treasury, general management, and strategy and corporate development.
Colatrella holds a Master’s degree in Finance from Xavier University, a Bachelor’s degree from the University of Massachusetts and is a certified public accountant (CPA).
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