CFOs this yr performed a critical job in navigating their businesses as a result of a world-wide economic disaster. The raising tension intensified the spotlight on finance chiefs, and many CFOs still left their posts around the past 12 months. Some joined new businesses, some others pursued new options. Their locations have been taken, in some instances, by executives promoted to the prime finance place. The next have been some of the much more noteworthy CFO departures (and arrivals) of the earlier 12 months.
January 2020
Luis Visoso was named finance chief of Amazon Website Services (AWS). Visoso, who has headed finance for Amazon’s around the globe buyer section given that 2018, joined the enterprise from Cisco where by he was senior vice president of enterprise, engineering, and money functions. Before to that he invested 23 yrs at Procter & Gamble. Visoso usually takes around for Sean Boyle who has transitioned to the job of vice president at AWS.
Deepak Ahuja
Verily, the wellness and everyday living sciences unit of Google parent enterprise Alphabet, named Deepak Ahuja as chief money officer. Deepak was CFO for Tesla from 2008 to 2015, then again from February 2017 until finally he retired in 2019. Prior to Tesla, he was at Ford Motor Company as a finance govt in many roles, such as CFO for Ford Southern Africa and CFO of AutoAlliance International.
Video clip platform Vimeo appointed Narayan Menon as CFO. Before becoming a member of Vimeo, Menon served as chief money officer at cloud-dependent presentation platform Prezi. His earlier management roles consist of company vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.
Thomas Ondrof joined Aramark as the foods- and uniform-solutions giant’s chief money officer. Ondrof previously served as CFO with foodservice distributor Overall performance Foods Team. Prior to that, Ondrof invested 24 yrs at Compass Team North The us, where by he served in a range of money and enterprise growth management roles.
February 2020
Linda Zukauckas joined Nielsen Holdings as chief money officer on February 3. Zukauckas began performing at American Specific in 2011, most a short while ago serving as the govt vice president and deputy chief money officer. Prior to American Specific, Zukauckas held many senior management roles at Ally Economic. She serves on the board of MTS Programs, where by she is on the audit and the governance and nominating committees.
Northrop Grumman named veteran finance govt David Keffer as its new CFO, changing Kenneth Bedingfield. Keffer has most a short while ago been a general partner at expense company Blue Delta Funds Companions after previously serving as CFO at CSRA and its predecessor enterprise SRA International.
Personal label packaged foods enterprise TreeHouse Foodstuff named William Kelley Jr. as chief money officer. Kelley previously served as interim CFO. Kelley joined TreeHouse in 2016 as company controller and was promoted to senior vice president, company and functions finance in 2018. Prior to becoming a member of TreeHouse, he was head of world-wide audit for Kraft Heinz. Before that, he was company controller and chief accounting officer at Hillshire Brand names.
Melissa Thomas
Groupon’s interim chief money officer, Melissa Thomas, assumed the job forever. Thomas joined the e-commerce market in 2017 as vice president of business finance and has served as interim CFO given that August 2019. She at the moment also serves as the company’s chief accounting officer and treasurer.
Matthew Friend, Nike’s CFO of functioning segments and vice president of trader relations, took around as enterprise CFO. Friend joined the athletic apparel retail large in 2009, performing on company tactic and growth just before remaining appointed CFO of emerging markets in 2011. He has served as CFO of world-wide groups, item and features CFO of world-wide brand names and features and CFO of the Nike brand. He succeeds CFO Andy Campion, who transitioned to the job of chief functioning officer.
March 2020
Toy company MGA Leisure (MGAE) promoted Martin Elliott to chief money officer. Elliott joined MGAE in 2015 as vice president of money arranging and evaluation. Elliott was the senior director of tactic at Mattel and the director of finance at The Walt Disney Company just before becoming a member of MGAE.
Michael Crotty was named Showtime Networks’ new chief money officer. Crotty will also have oversight of Guess Networks’ finance workforce. Crotty returns to the enjoyment enterprise after serving as CFO of media platform The Players’ Tribune given that 2016. Crotty previously served as senior vice president of affiliate revenue and enterprise functions for Showtime Networks.
Fidelity Investments named Maggie Serravalli as chief money officer. Serravalli was most a short while ago govt vice president at the company’s healthcare group. Serravalli joined Fidelity in 2007 from JPMorgan Chase where by she served as managing director for seven yrs.
Adrianne Lee was named finance chief at Overstock. Lee joined Overstock from Hertz where by she was CFO of the company’s $seven billion North American Rental Motor vehicle unit. Before becoming a member of Hertz, Lee led money arranging and evaluation for Very best Buy’s multi-billion-dollar e-commerce enterprise. She previously held many roles in finance, strategic arranging, accounting and money reporting, trader relations, and audit at PepsiCo, Allianz Lifetime, and PricewaterhouseCoopers.
April 2020
Delta CFO Paul Jacobson rescinded his retirement, which he introduced in February. CEO Ed Bastian requested Jacobson to rethink his conclusion to retire although the carrier navigates although the devastating effect that the coronavirus pandemic has experienced on air journey. Jacobson joined the enterprise in 1997 as a money analyst and was named CFO in 2012.
Anheuser-Busch InBev’s longtime CFO, Felipe Dutra, stepped down. Dutra was changed by Fernando Tennenbaum. A fifteen-yr veteran of the enterprise, Tennenbaum most a short while ago served as vice president AB InBev’s South The us division as effectively as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also join the company’s govt committee.
United states Nowadays parent Gannett appointed Douglas Horne as chief money officer. Horne most a short while ago served as world-wide controller for The We Company, which consists of office-sharing startup WeWork. Before that, he invested eight yrs at Warner Media, most a short while ago as senior vice president and controller. Before becoming a member of Warner, he served as deputy chief money officer and chief accounting officer at AOL. Horne succeeds Alison “Ali” Engel, who stepped down at the stop of the 1st quarter.
Retailer Ted Baker named Rachel Osborne as chief govt officer. Osborne joined the enterprise as chief money officer in November 2019 just before remaining appointed performing chief govt officer in December 2019. She joined Ted Baker from Debenhams, where by she experienced worked as CFO. She was previously chief money officer at Domino’s Pizza, finance director of group enterprise at Vodafone, and finance and tactic director at John Lewis.
Might 2020
Gustavo Arnal was appointed CFO at Mattress Bathtub & Further than. Arnal joined the retailer from Avon, where by he was group chief money officer. Before that, he was CFO of international divisions and world-wide features at Walgreens Boots Alliance. He has previously served in senior positions at Procter & Gamble, such as CFO of India, Center East, and Africa, CFO world-wide cloth and property care, and CFO world-wide personalized elegance. Arnal succeeds Robyn D’Elia, who is leaving the enterprise.
Adam Townsend
Adam Townsend is the new finance chief at Vizio. Before becoming a member of the buyer-electronics brand, Townsend served as chief money officer at Showtime Networks. Before that, he held numerous roles at CBS, such as govt vice president of company finance and trader relations. He also performed vital roles in CBS’s outdoor advertising and marketing enterprise and CBS Radio. Townsend usually takes around for chief functioning officer Ben Wong, who experienced been handling chief money officer obligations.
Clinical devices company BVI named David Murray as chief money officer. Most a short while ago, Murray served as CFO of Alcon AG until finally its $30 billion spin-off from Novartis Team AG in 2019. All through his 19 yrs with Novartis, he also served as CFO for its vaccines and diagnostics division, as effectively as many other senior finance management roles in just the Pharma division. Before Novartis, he held senior management roles at Normal Motors, Swiss Lender Corp, and British Petroleum.
Tyler Sloat was named chief money officer at Freshworks. Before becoming a member of the client engagement software package enterprise, Sloat was CFO at membership payments enterprise Zuora where by he guided the start off-up as a result of its IPO. Before that, he held govt finance roles at a range of businesses such as NetApp and Siebel Programs.
June 2020
Biotechnology enterprise Moderna named David Meline as chief money officer. Meline joined Moderna from Amgen, where by he was CFO from 2014 as a result of 2019. Before Amgen, he invested six yrs at 3M Company, where by he most a short while ago served as finance chief. Beforehand, Meline held management positions at Normal Motors, such as CFO for GM North The us.
Todd McElhatton took around as finance chief at cloud-dependent platform Zuora on June 22. McElhatton was most a short while ago chief money officer at SAP Cloud Small business Team. Before that, he was the CFO for SAP North The us. Before becoming a member of SAP, he held numerous senior finance management roles, such as as CFO at VMware’s Hybrid Cloud Small business, CFO at Oracle’s Cloud Services, and CFO at Hewlett Packard Managed Services Small business.
Brian DelGhiaccio was promoted to finance chief at squander assortment enterprise Republic Services. DelGhiaccio, who was most a short while ago govt vice president and chief transformation officer, joined Republic Services in 1998 and has given that held roles of raising accountability throughout the finance business. He also potential customers the information engineering, cybersecurity, and info management departments. DelGhiaccio succeeds Charles Serianni, who will retire on June one, 2021.
Previous Home Depot CFO Carol Tomé became chief govt officer at UPS. Tomé, who invested eighteen yrs as the property improvement company’s CFO, is the 1st outside CEO use in UPS’ 112-yr record. Tomé began her occupation as a business lender with United Lender of Denver and then was director of banking for the Johns-Manville Company. Before becoming a member of Home Depot, Carol was vice president and treasurer of Riverwood International Company.
Anthony DiSilvestro was hired as the new CFO at Mattel. From 2014 to 2019, DiSilvestro served as CFO at Campbell Soup Company. He joined Campbell’s in 1996 and has held many money management roles, such as senior vice president of finance, treasurer, controller, chief money officer of the company’s North The us and international divisions, and head of strategic arranging and company growth. DiSilvestro usually takes around for Joseph Euteneuer, who is leaving the enterprise.
July 2020
Monish Patolawala was hired as CFO at 3M. Patolawala most a short while ago worked at GE Health care, where by he has served as chief money officer of the approximately $seventeen billion enterprise given that 2015. Patolawala joined GE in 1994, getting management roles of raising accountability. Patolawala succeeds Nick Gangestad, who is retired.
Murray Auchincloss, CFO of BP’s Upstream section, became chief money officer at oil and gas enterprise BP on July one. Auchincloss became CFO for BP’s Upstream section in 2015 after two yrs as Upstream deputy CFO and head of enterprise growth. Auchincloss succeeds Brian Gilvary who will retire on June 30. Gilvary has experienced a 34-yr occupation with BP, such as around eight yrs as CFO.
T-Mobile promoted Peter Osvaldik to chief money officer. Osvaldik, who was most a short while ago senior vice president of finance and chief accounting officer, joined the enterprise in 2016 as vice president of external reporting and specialized accounting. Before T-Mobile, Osvaldik held chief accounting officer, controller, and management roles at Outerwall, Coinstar, and PricewaterhouseCoopers.
Debi Chirichella
Hearst named Debi Chirichella as interim president of its journal group. Chirichella has been the journal group’s finance chief given that 2011. Before becoming a member of Hearst, Chirichella invested seven yrs at rival Condé Nast, where by she served in many govt positions, such as chief functioning officer at Condé Nast Electronic, COO of the Fairchild Manner Team, and CFO at Condé Nast Publications.
August 2020
Kristina Salen was appointed finance chief at Entire world Wrestling Leisure (WWE). Salen served as the 1st CFO of on line market Etsy, where by she grew the enterprise from $895 million in gross sales to $3 billion in four yrs and led and executed the company’s IPO. Salen previously held CFO and COO roles at Moda Operandi and Translation Enterprises/United Masters, and managed world-wide media and telecom cash with Fidelity Investments.
Domino’s Pizza promoted Stu Levy to chief money officer. Levy, who was most a short while ago govt vice president of source chain solutions, joined the pizza chain in 2019 after serving as govt vice president and chief transformation officer at Republic Services. Before becoming a member of Republic Services, Levy invested 13 yrs at Bain & Company and served as a partner from 2008-2014. Levy usually takes around for Jeffrey Lawrence, who is retiring from Domino’s after much more than twenty yrs at the enterprise.
Ajay Vashee stepped down as CFO at Dropbox after much more than eight yrs at the enterprise. Tim Regan, who was the company’s chief accounting officer, became the company’s new CFO. Regan has worked at Dropbox for almost four yrs. He has around two many years of expertise in finance just before Dropbox, from his job as vice president finance and controller at Pandora Media, to senior positions at Dolby Laboratories and Ernst and Younger.
Roku chief money officer Steve Louden made the decision to stay with the enterprise. In December, Louden said he was stepping down the moment his replacement was observed. He prepared to return property to the Seattle location with his family members after assisting in the changeover. Roku said that Louden will continue on to serve as its CFO although performing remotely in Seattle, and they have finished the look for for his successor.
Cisco finance chief Kelly Kramer introduced her retirement after 5 yrs in the place. Kramer joined the computer networking devices maker in 2012 as senior vice president of company finance and became senior vice president of enterprise engineering and functions finance just before remaining named CFO in 2015. Before Cisco, Kramer was CFO of GE Healthcare’s Health care Programs enterprise.
September 2020
Jamere Jackson became the new finance chief at AutoZone after stepping down as CFO at Hertz. Monthly bill Giles, the company’s present CFO, will retire at the stop of December 2020 after 14 yrs in the job. Before becoming a member of Hertz, Jackson served as chief money officer at Nielsen Holdings.
Jeff Wallace is the new CFO at USAA. Wallace joins the enterprise from Lender of The us, where by he was most a short while ago chief money officer of the buyer banking and world-wide prosperity and expense management enterprise. Before in his occupation, he held money management roles at Wachovia Securities, Deutsche Lender, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring after much more than 19 yrs at the enterprise.
McAfee appointed Venkat Bhamidipati chief money officer. Bhamidipati joined the cybersecurity enterprise from healthcare enterprise Providence, where by he was CFO. Before that, he invested 13 yrs at Microsoft, where by he held many govt positions, such as CFO of the around the globe enterprise group, CFO of the around the globe functions and engineering group, and managing director for enterprise growth and advancement tactic.
Gina Goetter was named finance chief at Harley-Davidson. Most a short while ago, she served as CFO at Tyson Foods’s geared up foods section, where by she led the reinvention of the segment’s enterprise model to stabilize money circulation and suitable-dimension the value framework. Before Tyson, Goetter held many world-wide management positions at Normal Mills, where by she led enterprise model re-engineering and optimized procurement strategies and logistics. She usually takes around for interim CFO Darrell Thomas, who will continue on as vice president and treasurer.
Oct 2020
John Lawler took around as CFO at Ford. Lawler has most a short while ago been serving as CEO of Ford Autonomous Autos and vice president of mobility partnerships. He has invested considerably of his 30 yrs at Ford in finance management and general management. Lawler served as president of Ford China for almost four yrs when the enterprise attained report in-nation efficiency. He also served as company controller and CFO, world-wide markets, and head of around the globe tactic. Lawler took around for Tim Stone, who still left the enterprise to become CFO and chief functioning officer at software package enterprise ASAPP.
Hertz promoted Kenny Cheung to CFO to substitute R. Eric Esper, who resigned after very little much more than a thirty day period in the place. Esper joined United Purely natural Foodstuff as accounting officer and controller, according to a regulatory filing. Esper was promoted to CFO from chief accounting officer when Jamere Jackson resigned from Hertz in August. Cheung was most a short while ago govt vice president of finance, chief operational finance, and restructuring officer.
Papa John’s appointed Ann Gugino chief money officer. Gugino joins the pizza chain from Concentrate on, where by she was most a short while ago senior vice president of money arranging and evaluation. Before that, she invested eighteen yrs at medical materials enterprise Patterson Businesses, such as four yrs as govt vice president and chief money officer. Gugino usually takes around for Steve Coke, who has been serving as interim principal money and accounting officer.
Adrian Mitchell
Adrian Mitchell was named Macy’s new finance chief. Mitchell joined the retailer from Boston Consulting Team (BCG) where by he was a managing director and partner in the electronic BCG and buyer practices. Before becoming a member of BCG, Mitchell experienced large-ranging retail experiences. Mitchell took around for interim CFO Felicia Williams. Williams was named interim CFO in Might after chief money officer Paula Price tag introduced she was leaving the retailer after less than two yrs in the job.
Nasdaq promoted Ann Dennison to CFO. Dennison, who is at the moment senior vice president, controller, and chief accounting officer, will acquire around as chief money officer on March one, 2021. Dennison has been with Nasdaq for 5 yrs and has much more than twenty yrs of expertise in money reporting and evaluation. Before becoming a member of Nasdaq, Dennison worked at Goldman Sachs as managing director, head of money reporting. She usually takes around for Michael Ptasznik, who will retire on February 28.
Tapestry, the parent enterprise of Coach, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as chief govt officer. Crevoiserat, who became CFO in August 2019, took around as interim CEO in July. She joined the enterprise from Abercrombie & Fitch, where by she was hired as chief money officer.
November 2020
Stanley Sutula is the new finance chief at Colgate-Palmolive. Sutula has served as govt vice president and chief money officer at Pitney Bowes given that February 2017 and previously invested 28 yrs at IBM. His tenure at IBM incorporated money management roles of raising accountability, culminating in provider as IBM’s vice president and controller. Sutula usually takes around for Henning Jakobsen, who will think the job of senior vice president until finally his retirement on December 31.
International Automotive Parts (IAC) finance chief David Prystash will become its upcoming CEO and a member of the company’s board of administrators, powerful January one, 2021. Before becoming a member of IAC in November 2018, Prystash held management positions at Normal Motors, such as vice president and CFO of world-wide item growth, paying for, and source chain. Kevin Graham, who is vice president of finance, will become CFO.
WarnerMedia CFO Pascal Desroches has been named the new finance chief at AT&T, powerful April one. Before serving as CFO at WarnerMedia, Desroches was chief money officer at Turner and world-wide controller at Time Warner. Desroches usually takes around for John Stephens, who will retire in March after 28 yrs with the enterprise and nine yrs as CFO.
Lululemon promoted Meghan Frank to chief money officer. Frank joined Lululemon in 2016 as senior vice president of money arranging and evaluation and, given that April, has served as interim co-CFO, alongside with Alex Grieve, vice president, controller for the enterprise. She previously held senior roles at Ross Retailers and J.Crew, where by she served for almost a decade.
Sysco named Aaron Alt as the foodservice distribution company’s new CFO, powerful December seven. Alt most a short while ago served as chief money officer at retailer Sally Natural beauty Holdings and president of Sally Natural beauty Provide. Alt’s expertise also consists of govt management roles in finance, functions, and grocery transformation at Concentrate on. Alt replaces Joel Grade, who will think the freshly established job of govt vice president of enterprise growth.
December 2020
Cisco named R. Scott Herren finance chief. Given that November 2014, Herren served as CFO and senior vice president at style and design and engineering software package enterprise Autodesk. At Autodesk, he served the enterprise renovate its enterprise model from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring after nine yrs at the enterprise.
Amy Weaver was named president and CFO at Salesforce. Weaver, a present president and chief authorized officer at the enterprise, will acquire around for finance chief Mark Hawkin on February one. Hawkin, who is retiring on January 31, will changeover to an advisory job as CFO emeritus as a result of Oct 2021. Before becoming a member of Salesforce, Weaver was govt vice president and general counsel at Univar.
Funds A single promoted Andrew Younger to finance chief, powerful March one. Younger has served as senior vice president and enterprise line CFO at the enterprise given that April 2018. He has also served as the chief money officer of Funds A single, N.A., the most significant of the company’s two countrywide lender subsidiaries, given that July 2018. He usually takes around for R. Scott Blackley, who is leaving the enterprise to become CFO at insurance startup Oscar Health Insurance coverage.
Procter & Gamble promoted Andre Schulten to finance chief, powerful March one. Schulten, who joined the enterprise in 1996, is at the moment senior vice president of newborn care in North The us. Before in his occupation, Schulten held other roles, such as senior vice president of finance and accounting in West Europe and for P&G’s world-wide family members care, newborn care, and female care corporations. He succeeds lengthy-time CFO Jon Moeller, who will keep his job as vice chairman and chief functioning officer.
Coty promoted Laurent Mercier to chief money officer, powerful February fifteen. Mercier, who is at the moment the elegance company’s deputy CFO, joined Coty as CFO of its luxurious division in 2017. He previously invested twenty yrs at world-wide foods and beverage large Danone, where by he held many management roles. He succeeds Pierre-André Terisse, with whom he has worked intently at both equally Coty and during their earlier roles at Danone.
