CFOs this 12 months performed a vital purpose in navigating their businesses as a result of a global economic disaster. The increasing strain intensified the highlight on finance chiefs, and quite a few CFOs still left their posts in excess of the past twelve months. Some joined new businesses, other individuals pursued new prospects. Their spots ended up taken, in some conditions, by executives promoted to the best finance place. The following ended up some of the extra notable CFO departures (and arrivals) of the past twelve months.
January 2020
Luis Visoso was named finance chief of Amazon Net Providers (AWS). Visoso, who has headed finance for Amazon’s worldwide shopper phase because 2018, joined the business from Cisco where by he was senior vice president of organization, technology, and economic operations. Before to that he used 23 decades at Procter & Gamble. Visoso can take in excess of for Sean Boyle who has transitioned to the purpose of vice president at AWS.
Deepak Ahuja
Verily, the wellbeing and everyday living sciences unit of Google dad or mum business Alphabet, named Deepak Ahuja as chief economic officer. Deepak was CFO for Tesla from 2008 to 2015, then once more from February 2017 right until he retired in 2019. Prior to Tesla, he was at Ford Motor Business as a finance executive in different roles, which includes CFO for Ford Southern Africa and CFO of AutoAlliance Intercontinental.
Video clip platform Vimeo appointed Narayan Menon as CFO. Before joining Vimeo, Menon served as chief economic officer at cloud-dependent presentation platform Prezi. His earlier leadership roles involve corporate vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.
Thomas Ondrof joined Aramark as the food stuff- and uniform-companies giant’s chief economic officer. Ondrof formerly served as CFO with foodservice distributor Efficiency Food Group. Prior to that, Ondrof used 24 decades at Compass Group North The us, where by he served in a wide variety of economic and organization enhancement leadership roles.
February 2020
Linda Zukauckas joined Nielsen Holdings as chief economic officer on February 3. Zukauckas commenced doing work at American Express in 2011, most not too long ago serving as the executive vice president and deputy chief economic officer. Prior to American Express, Zukauckas held different senior leadership roles at Ally Financial. She serves on the board of MTS Units, where by she is on the audit and the governance and nominating committees.
Northrop Grumman named veteran finance executive David Keffer as its new CFO, changing Kenneth Bedingfield. Keffer has most not too long ago been a standard associate at expenditure firm Blue Delta Capital Companions after formerly serving as CFO at CSRA and its predecessor business SRA Intercontinental.
Private label packaged food stuff business TreeHouse Foodstuff named William Kelley Jr. as chief economic officer. Kelley formerly served as interim CFO. Kelley joined TreeHouse in 2016 as corporate controller and was promoted to senior vice president, corporate and operations finance in 2018. Prior to joining TreeHouse, he was head of global audit for Kraft Heinz. Before that, he was corporate controller and chief accounting officer at Hillshire Models.
Melissa Thomas
Groupon’s interim chief economic officer, Melissa Thomas, assumed the purpose completely. Thomas joined the e-commerce marketplace in 2017 as vice president of business finance and has served as interim CFO because August 2019. She at the moment also serves as the company’s chief accounting officer and treasurer.
Matthew Mate, Nike’s CFO of running segments and vice president of trader relations, took in excess of as business CFO. Mate joined the athletic apparel retail big in 2009, doing work on corporate technique and enhancement prior to staying appointed CFO of emerging marketplaces in 2011. He has served as CFO of global groups, merchandise and functions CFO of global brands and functions and CFO of the Nike model. He succeeds CFO Andy Campion, who transitioned to the purpose of chief running officer.
March 2020
Toy maker MGA Amusement (MGAE) promoted Martin Elliott to chief economic officer. Elliott joined MGAE in 2015 as vice president of economic setting up and analysis. Elliott was the senior director of technique at Mattel and the director of finance at The Walt Disney Business prior to joining MGAE.
Michael Crotty was named Showtime Networks’ new chief economic officer. Crotty will also have oversight of Bet Networks’ finance team. Crotty returns to the leisure business after serving as CFO of media platform The Players’ Tribune because 2016. Crotty formerly served as senior vice president of affiliate revenue and organization operations for Showtime Networks.
Fidelity Investments named Maggie Serravalli as chief economic officer. Serravalli was most not too long ago executive vice president at the company’s health care team. Serravalli joined Fidelity in 2007 from JPMorgan Chase where by she served as handling director for seven decades.
Adrianne Lee was named finance chief at Overstock. Lee joined Overstock from Hertz where by she was CFO of the company’s $7 billion North American Rental Auto unit. Before joining Hertz, Lee led economic setting up and analysis for Most effective Buy’s multi-billion-greenback e-commerce organization. She formerly held numerous roles in finance, strategic setting up, accounting and economic reporting, trader relations, and audit at PepsiCo, Allianz Lifestyle, and PricewaterhouseCoopers.
April 2020
Delta CFO Paul Jacobson rescinded his retirement, which he declared in February. CEO Ed Bastian requested Jacobson to rethink his choice to retire though the provider navigates however the devastating impact that the coronavirus pandemic has had on air vacation. Jacobson joined the business in 1997 as a economic analyst and was named CFO in 2012.
Anheuser-Busch InBev’s longtime CFO, Felipe Dutra, stepped down. Dutra was replaced by Fernando Tennenbaum. A fifteen-12 months veteran of the business, Tennenbaum most not too long ago served as vice president AB InBev’s South The us division as nicely as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also be part of the company’s executive committee.
Usa Currently dad or mum Gannett appointed Douglas Horne as chief economic officer. Horne most not too long ago served as global controller for The We Business, which incorporates place of work-sharing startup WeWork. Before that, he used 8 decades at Warner Media, most not too long ago as senior vice president and controller. Before joining Warner, he served as deputy chief economic officer and chief accounting officer at AOL. Horne succeeds Alison “Ali” Engel, who stepped down at the stop of the to start with quarter.
Retailer Ted Baker named Rachel Osborne as chief executive officer. Osborne joined the business as chief economic officer in November 2019 prior to staying appointed acting chief executive officer in December 2019. She joined Ted Baker from Debenhams, where by she had labored as CFO. She was formerly chief economic officer at Domino’s Pizza, finance director of team company at Vodafone, and finance and technique director at John Lewis.
May perhaps 2020
Gustavo Arnal was appointed CFO at Mattress Bathtub & Outside of. Arnal joined the retailer from Avon, where by he was team chief economic officer. Before that, he was CFO of intercontinental divisions and global functions at Walgreens Boots Alliance. He has formerly served in senior positions at Procter & Gamble, which includes CFO of India, Center East, and Africa, CFO global material and residence treatment, and CFO global own attractiveness. Arnal succeeds Robyn D’Elia, who is leaving the business.
Adam Townsend
Adam Townsend is the new finance chief at Vizio. Before joining the shopper-electronics model, Townsend served as chief economic officer at Showtime Networks. Before that, he held many roles at CBS, which includes executive vice president of corporate finance and trader relations. He also performed vital roles in CBS’s out of doors marketing organization and CBS Radio. Townsend can take in excess of for chief running officer Ben Wong, who had been managing chief economic officer duties.
Healthcare machines maker BVI named David Murray as chief economic officer. Most not too long ago, Murray served as CFO of Alcon AG right until its $thirty billion spin-off from Novartis Group AG in 2019. For the duration of his 19 decades with Novartis, he also served as CFO for its vaccines and diagnostics division, as nicely as numerous other senior finance leadership roles inside of the Pharma division. Before Novartis, he held senior leadership roles at Normal Motors, Swiss Lender Corp, and British Petroleum.
Tyler Sloat was named chief economic officer at Freshworks. Before joining the client engagement computer software business, Sloat was CFO at membership payments business Zuora where by he guided the get started-up as a result of its IPO. Before that, he held executive finance roles at a wide variety of businesses which includes NetApp and Siebel Units.
June 2020
Biotechnology business Moderna named David Meline as chief economic officer. Meline joined Moderna from Amgen, where by he was CFO from 2014 as a result of 2019. Before Amgen, he used six decades at 3M Business, where by he most not too long ago served as finance chief. Formerly, Meline held leadership positions at Normal Motors, which includes CFO for GM North The us.
Todd McElhatton took in excess of as finance chief at cloud-dependent platform Zuora on June 22. McElhatton was most not too long ago chief economic officer at SAP Cloud Business Group. Before that, he was the CFO for SAP North The us. Before joining SAP, he held many senior finance leadership roles, which includes as CFO at VMware’s Hybrid Cloud Business, CFO at Oracle’s Cloud Providers, and CFO at Hewlett Packard Managed Providers Business.
Brian DelGhiaccio was promoted to finance chief at waste collection business Republic Providers. DelGhiaccio, who was most not too long ago executive vice president and chief transformation officer, joined Republic Providers in 1998 and has because held roles of increasing accountability throughout the finance firm. He also potential customers the information technology, cybersecurity, and info administration departments. DelGhiaccio succeeds Charles Serianni, who will retire on June one, 2021.
Former Residence Depot CFO Carol Tomé became chief executive officer at UPS. Tomé, who used eighteen decades as the residence improvement company’s CFO, is the to start with outside CEO hire in UPS’ 112-12 months historical past. Tomé commenced her career as a business loan provider with United Lender of Denver and then was director of banking for the Johns-Manville Company. Before joining Residence Depot, Carol was vice president and treasurer of Riverwood Intercontinental Company.
Anthony DiSilvestro was employed as the new CFO at Mattel. From 2014 to 2019, DiSilvestro served as CFO at Campbell Soup Business. He joined Campbell’s in 1996 and has held different economic leadership roles, which includes senior vice president of finance, treasurer, controller, chief economic officer of the company’s North The us and intercontinental divisions, and head of strategic setting up and corporate enhancement. DiSilvestro can take in excess of for Joseph Euteneuer, who is leaving the business.
July 2020
Monish Patolawala was employed as CFO at 3M. Patolawala most not too long ago labored at GE Health care, where by he has served as chief economic officer of the around $17 billion organization because 2015. Patolawala joined GE in 1994, taking leadership roles of increasing accountability. Patolawala succeeds Nick Gangestad, who is retired.
Murray Auchincloss, CFO of BP’s Upstream phase, became chief economic officer at oil and fuel business BP on July one. Auchincloss became CFO for BP’s Upstream phase in 2015 after two decades as Upstream deputy CFO and head of organization enhancement. Auchincloss succeeds Brian Gilvary who will retire on June thirty. Gilvary has had a 34-12 months career with BP, which includes in excess of 8 decades as CFO.
T-Cell promoted Peter Osvaldik to chief economic officer. Osvaldik, who was most not too long ago senior vice president of finance and chief accounting officer, joined the business in 2016 as vice president of external reporting and complex accounting. Before T-Cell, Osvaldik held chief accounting officer, controller, and administration roles at Outerwall, Coinstar, and PricewaterhouseCoopers.
Debi Chirichella
Hearst named Debi Chirichella as interim president of its journal team. Chirichella has been the journal group’s finance chief because 2011. Before joining Hearst, Chirichella used seven decades at rival Condé Nast, where by she served in numerous executive positions, which includes chief running officer at Condé Nast Digital, COO of the Fairchild Manner Group, and CFO at Condé Nast Publications.
August 2020
Kristina Salen was appointed finance chief at Environment Wrestling Amusement (WWE). Salen served as the to start with CFO of online marketplace Etsy, where by she grew the organization from $895 million in gross income to $3 billion in four decades and led and executed the company’s IPO. Salen formerly held CFO and COO roles at Moda Operandi and Translation Enterprises/United Masters, and managed global media and telecom cash with Fidelity Investments.
Domino’s Pizza promoted Stu Levy to chief economic officer. Levy, who was most not too long ago executive vice president of supply chain companies, joined the pizza chain in 2019 after serving as executive vice president and chief transformation officer at Republic Providers. Before joining Republic Providers, Levy used 13 decades at Bain & Business and served as a associate from 2008-2014. Levy can take in excess of for Jeffrey Lawrence, who is retiring from Domino’s after extra than twenty decades at the business.
Ajay Vashee stepped down as CFO at Dropbox after extra than 8 decades at the business. Tim Regan, who was the company’s chief accounting officer, became the company’s new CFO. Regan has labored at Dropbox for nearly four decades. He has in excess of two decades of expertise in finance prior to Dropbox, from his purpose as vice president finance and controller at Pandora Media, to senior positions at Dolby Laboratories and Ernst and Young.
Roku chief economic officer Steve Louden determined to continue to be with the business. In December, Louden stated he was stepping down the moment his alternative was located. He prepared to return residence to the Seattle location with his spouse and children after helping in the transition. Roku stated that Louden will go on to serve as its CFO though doing work remotely in Seattle, and they have finished the lookup for his successor.
Cisco finance chief Kelly Kramer declared her retirement after 5 decades in the position. Kramer joined the laptop or computer networking machines maker in 2012 as senior vice president of corporate finance and became senior vice president of organization technology and operations finance prior to staying named CFO in 2015. Before Cisco, Kramer was CFO of GE Healthcare’s Health care Units organization.
September 2020
Jamere Jackson became the new finance chief at AutoZone after stepping down as CFO at Hertz. Bill Giles, the company’s present-day CFO, will retire at the stop of December 2020 after 14 decades in the purpose. Before joining Hertz, Jackson served as chief economic officer at Nielsen Holdings.
Jeff Wallace is the new CFO at USAA. Wallace joins the business from Lender of The us, where by he was most not too long ago chief economic officer of the shopper banking and global wealth and expenditure administration organization. Earlier in his career, he held economic leadership roles at Wachovia Securities, Deutsche Lender, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring after extra than 19 decades at the business.
McAfee appointed Venkat Bhamidipati chief economic officer. Bhamidipati joined the cybersecurity business from health care business Providence, where by he was CFO. Before that, he used 13 decades at Microsoft, where by he held numerous executive positions, which includes CFO of the worldwide company team, CFO of the worldwide operations and technology team, and handling director for organization enhancement and progress technique.
Gina Goetter was named finance chief at Harley-Davidson. Most not too long ago, she served as CFO at Tyson Foods’s geared up foodstuff phase, where by she led the reinvention of the segment’s organization design to stabilize money flow and ideal-dimension the price composition. Before Tyson, Goetter held different global leadership positions at Normal Mills, where by she led organization design re-engineering and optimized procurement procedures and logistics. She can take in excess of for interim CFO Darrell Thomas, who will go on as vice president and treasurer.
Oct 2020
John Lawler took in excess of as CFO at Ford. Lawler has most not too long ago been serving as CEO of Ford Autonomous Cars and vice president of mobility partnerships. He has used significantly of his thirty decades at Ford in finance leadership and standard administration. Lawler served as president of Ford China for nearly four decades when the business accomplished file in-country performance. He also served as corporate controller and CFO, global marketplaces, and head of worldwide technique. Lawler took in excess of for Tim Stone, who still left the business to turn into CFO and chief running officer at computer software business ASAPP.
Hertz promoted Kenny Cheung to CFO to swap R. Eric Esper, who resigned after small extra than a thirty day period in the position. Esper joined United Purely natural Foodstuff as accounting officer and controller, according to a regulatory submitting. Esper was promoted to CFO from chief accounting officer when Jamere Jackson resigned from Hertz in August. Cheung was most not too long ago executive vice president of finance, chief operational finance, and restructuring officer.
Papa John’s appointed Ann Gugino chief economic officer. Gugino joins the pizza chain from Target, where by she was most not too long ago senior vice president of economic setting up and analysis. Before that, she used eighteen decades at healthcare materials business Patterson Corporations, which includes four decades as executive vice president and chief economic officer. Gugino can take in excess of for Steve Coke, who has been serving as interim principal economic and accounting officer.
Adrian Mitchell
Adrian Mitchell was named Macy’s new finance chief. Mitchell joined the retailer from Boston Consulting Group (BCG) where by he was a handling director and associate in the electronic BCG and shopper techniques. Before joining BCG, Mitchell had extensive-ranging retail ordeals. Mitchell took in excess of for interim CFO Felicia Williams. Williams was named interim CFO in May perhaps after chief economic officer Paula Cost declared she was leaving the retailer after less than two decades in the purpose.
Nasdaq promoted Ann Dennison to CFO. Dennison, who is at the moment senior vice president, controller, and chief accounting officer, will take in excess of as chief economic officer on March one, 2021. Dennison has been with Nasdaq for 5 decades and has extra than twenty decades of expertise in economic reporting and analysis. Before joining Nasdaq, Dennison labored at Goldman Sachs as handling director, head of economic reporting. She can take in excess of for Michael Ptasznik, who will retire on February 28.
Tapestry, the dad or mum business of Coach, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as chief executive officer. Crevoiserat, who became CFO in August 2019, took in excess of as interim CEO in July. She joined the business from Abercrombie & Fitch, where by she was employed as chief economic officer.
November 2020
Stanley Sutula is the new finance chief at Colgate-Palmolive. Sutula has served as executive vice president and chief economic officer at Pitney Bowes because February 2017 and formerly used 28 decades at IBM. His tenure at IBM provided economic administration roles of increasing accountability, culminating in company as IBM’s vice president and controller. Sutula can take in excess of for Henning Jakobsen, who will presume the purpose of senior vice president right until his retirement on December 31.
Intercontinental Automotive Elements (IAC) finance chief David Prystash will turn into its subsequent CEO and a member of the company’s board of administrators, powerful January one, 2021. Before joining IAC in November 2018, Prystash held leadership positions at Normal Motors, which includes vice president and CFO of global merchandise enhancement, getting, and supply chain. Kevin Graham, who is vice president of finance, will turn into 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 economic officer at Turner and global controller at Time Warner. Desroches can take in excess of for John Stephens, who will retire in March after 28 decades with the business and 9 decades as CFO.
Lululemon promoted Meghan Frank to chief economic officer. Frank joined Lululemon in 2016 as senior vice president of economic setting up and analysis and, because April, has served as interim co-CFO, along with Alex Grieve, vice president, controller for the business. She formerly held senior roles at Ross Stores and J.Crew, where by she served for nearly a ten years.
Sysco named Aaron Alt as the foodservice distribution company’s new CFO, powerful December 7. Alt most not too long ago served as chief economic officer at retailer Sally Splendor Holdings and president of Sally Splendor Supply. Alt’s expertise also incorporates executive leadership roles in finance, operations, and grocery transformation at Target. Alt replaces Joel Grade, who will presume the recently developed purpose of executive vice president of organization enhancement.
December 2020
Cisco named R. Scott Herren finance chief. Considering the fact that November 2014, Herren served as CFO and senior vice president at style and engineering computer software business Autodesk. At Autodesk, he served the business remodel its organization design from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring after 9 decades at the business.
Amy Weaver was named president and CFO at Salesforce. Weaver, a present-day president and chief authorized officer at the business, will take in excess of for finance chief Mark Hawkin on February one. Hawkin, who is retiring on January 31, will transition to an advisory purpose as CFO emeritus as a result of Oct 2021. Before joining Salesforce, Weaver was executive vice president and standard counsel at Univar.
Capital 1 promoted Andrew Young to finance chief, powerful March one. Young has served as senior vice president and organization line CFO at the business because April 2018. He has also served as the chief economic officer of Capital 1, N.A., the biggest of the company’s two national financial institution subsidiaries, because July 2018. He can take in excess of for R. Scott Blackley, who is leaving the business to turn into CFO at insurance policy startup Oscar Well being Insurance policy.
Procter & Gamble promoted Andre Schulten to finance chief, powerful March one. Schulten, who joined the business in 1996, is at the moment senior vice president of little one treatment in North The us. Earlier in his career, Schulten held other roles, which includes senior vice president of finance and accounting in West Europe and for P&G’s global spouse and children treatment, little one treatment, and feminine treatment enterprises. He succeeds very long-time CFO Jon Moeller, who will keep his purpose as vice chairman and chief running officer.
Coty promoted Laurent Mercier to chief economic officer, powerful February fifteen. Mercier, who is at the moment the attractiveness company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He formerly used twenty decades at global food stuff and beverage big Danone, where by he held numerous leadership roles. He succeeds Pierre-André Terisse, with whom he has labored closely at both of those Coty and during their earlier roles at Danone.
More Stories
How to Protect Your Tan While You Vacation?
Choosing Reliable and Trustworthy Auto Shop in Brisbane
How Technology Has Changed The Face Of Dentistry