Green Mountain Coffee Roasters announced on 22 August the appointment of Stephen L. Gibbs to a newly created position as Vice President and Chief Accounting Officer. The company noted that the position was established to strengthen GMCR’s accounting function and overall financial control environment. In his role at GMCR, Gibbs will provide strategic leadership for the accounting operations including financial reporting, accounting, tax, financial systems, policies and controls and will report to Chief Financial Officer and Treasurer, Frances G. Rathke. Gibbs joins GMCR with more than 15 years of experience in increasingly responsible leadership accounting and finance positions at public companies. Most recently, Gibbs served as Vice President, Chief Accounting Officer and Corporate Controller of Scientific Games Corporation where he was responsible for all aspects of accounting and reporting for domestic and international operations. The move follows some accounting hicups in the company's recent past, having put forward a submission to the US Securities Exchange Commission in September 2010 to disclose an accounting error in its K-Cup reporting.
