Spring is in the air. Just look at all the new chief financial officers sprouting at area companies.
Nutrisystem Inc., the Fort Washington weight-loss company, hired Michael P. Monahan, who will join as of May 22. Monahan has been CFO of PetroChoice Holdings Inc., a distributor of petroleum-based lubricants based in Bristol.
Monahan, who will replace David Clark, had previously worked at Nutrisystem as its vice president of finance from 2006 to 2009.
Safeguard Scientifics Inc. was also in need of a CFO, having promoted Stephen T. Zarrilli from that role to president and chief executive officer in November.
So the Wayne holding company that invests in health-care and information-technology firms promoted Jeffrey B. McGroarty from his role as corporate controller.