Financial And Accounting Management News

Northern Marine, a builder of long-range expedition yachts, luxury craft and commercial boats, has announced the expansion of its management team. Jan Kallshian, Bryan Kay, Randy Stoneman and Mark Allred bring their talents and experience in business, finance, design and boatbuilding to the Anacortes, Washington-based company. New company CFO Jan Kallshian has been a self-employed business and financial consultant for 20 years. Prior to this, he was controller for Northwest Marine Technology for 10 years and worked in public accounting for seven years. Kallshian also serves as an active volunteer for Habitat For Humanity. In his position as Northern Marine's controller, Bryan Kay manages the company's accounting operations.

Conrad Industries announced that the Board of Directors has named Lewis Derbes, Jr. as the company’s new vice president and chief financial officer, effective September 30, 2002. Lew has spent the past 5 years with Northrop Grumman’s Avondale Industries, Inc., recently as the vice president and controller. Lew joins Conrad with an extensive background in all areas of financial and accounting management, including SEC compliance and reporting. Prior to his service with Avondale, Darbes was an accountant with Deloitte & Touche. Conrad’s current CFO, Cecil Hernandez has elected to resign as CFO effective September 30, 2002 to pursue other business opportunities. Cecil will remain as an officer of the company through an agreed upon transition period and will remain as a director.