CFOs On the Move: Week Ending February 5

Merck’s main economic officer, Robert Davis, will consider around as the pharma company’s CEO. Davis joined the enterprise as CFO in 2014. Before Merck, he labored for Baxter Global, the place he was company vice president and president of health-related items. He held numerous other positions throughout his tenure at Baxter together with president of its renal business, main economic officer, and treasurer. Before that, he labored at Eli Lilly & Organization.​ Davis normally takes around for chairman and CEO Kenneth Frazier, who has been main executive because 2011. Frazier will retire on June thirty and will continue on to serve on Merck’s board of directors as executive chairman for a transition interval.

Buyer-loyalty and retail-benefits app Fetch Benefits employed Nupur Sadiwala as main economic officer. Sadiwala was most just lately CFO at Reebonz, Asia’s greatest luxurious e-commerce platform. Before that, she was a vice president in the expense banking team at Goldman Sachs. There, she was an adviser on around $7 billion of acquire-side and promote-side M&A transactions throughout North America and Southeast Asia.

Stuart Burgdoerfer is retiring from his roles as CFO of L Manufacturers and interim CEO of Victoria’s Key business. Martin Waters, at this time CEO of Victoria’s Key Lingerie, has been promoted to CEO of Victoria’s Key business. Burgdoerfer will stay at the retailer as CFO as a result of August 2021 whilst the enterprise appears to be for his successor.

Pash Nangia has joined Royal Cup Coffee & Tea as its new main economic officer. Nangia was most just lately CFO at cheerleading enterprise Varsity Spirit. Before that, Nangia was vice president of finance and facts technological know-how at producer Ametek. Earlier in his career, he labored at Cummins for practically 20 years in numerous finance management roles. Nangia succeeds Chip Wann, who was promoted to president and main executive officer in February 2020 from the job of main functioning officer and performing CFO.

The Children’s Place promoted Robert Helm to finance main. Helm joined the retailer in 2016 and was most just lately senior vice president of finance and stock administration. Earlier in his career, he held senior finance and accounting roles at Ralph Lauren, Refreshing Direct, and Rag & Bone. Helm normally takes around for Michael Scarpa, who will retire at the close of March.

Clever World-wide Holdings appointed Ken Rizvi as CFO. Rizvi joins the specialty memory and storage service provider from semiconductor service provider UTAC Holdings, the place he was finance main. Before that, he was CFO at Isola Team and served as vice president of finance and treasurer at Micron Technology. Current main economic officer, Jack Pacheco, will continue on in his roles as main functioning officer of SGH and president of Clever Modular Systems.

Digital media enterprise RealNetworks employed Christine Chambers as CFO. Chambers will be rejoining RealNetworks, possessing labored in a variety of finance roles at the enterprise for practically a ten years, most just lately as vice president of finance. She has been vice president of finance at Rosetta Stone because 2018. Chambers replaces Judd Lee, who leaves the enterprise in March.

Santiago Rubio was promoted to finance main at Plan Financial. Santiago Rubio joined the lending enterprise in October 2017 as a economic planner. Santiago commenced his career in the vehicle lending field, working at GM Financial, the place he held a variety of roles within just the vehicle finance captive’s operations.

Virta Wellness appointed Alok Bhushan as main economic officer. Bhushan joins the diabetes cure enterprise from cosmetics enterprise Charlotte Tilbury Elegance, the place he served as CFO. Before that, Bhushan was a member of the executive workforce at digital know-how research enterprise Yext for practically a ten years. He helped to develop Yext from an early-stage startup as a result of its IPO.

occupations, CFOs on the Go, company finance, L Manufacturers, Merck, The Kid’s Place