June 1, 2023


Passion For Business

CFOs On the Move: Week Ending February 5

Robert Davis

Merck’s main economical officer, Robert Davis, will just take in excess of as the pharma company’s CEO. Davis joined the business as CFO in 2014. Just before Merck, he worked for Baxter Global, where by he was corporate vice president and president of professional medical solutions. He held numerous other positions throughout his tenure at Baxter which includes president of its renal company, main economical officer, and treasurer. Just before that, he worked at Eli Lilly & Firm.​ Davis normally takes in excess of for chairman and CEO Kenneth Frazier, who has been main govt because 2011. Frazier will retire on June 30 and will go on to serve on Merck’s board of directors as govt chairman for a changeover period of time.

Nupur Sadiwala

Buyer-loyalty and retail-benefits app Fetch Benefits employed Nupur Sadiwala as main economical officer. Sadiwala was most recently CFO at Reebonz, Asia’s major luxurious e-commerce platform. Just before that, she was a vice president in the investment banking group at Goldman Sachs. There, she was an adviser on in excess of $7 billion of acquire-aspect and sell-aspect M&A transactions across North The usa and Southeast Asia.

Stuart Burgdoerfer is retiring from his roles as CFO of L Makes and interim CEO of Victoria’s Mystery company. Martin Waters, at present CEO of Victoria’s Mystery Lingerie, has been promoted to CEO of Victoria’s Mystery company. Burgdoerfer will stay at the retailer as CFO through August 2021 even though the business appears for his successor.

Pash Nangia

Pash Nangia has joined Royal Cup Coffee & Tea as its new main economical officer. Nangia was most recently CFO at cheerleading business Varsity Spirit. Just before that, Nangia was vice president of finance and data technological innovation at maker Ametek. Before in his vocation, he worked at Cummins for approximately twenty decades in numerous finance leadership roles. Nangia succeeds Chip Wann, who was promoted to president and main govt officer in February 2020 from the function of main functioning officer and acting CFO.

The Children’s Area promoted Robert Helm to finance main. Helm joined the retailer in 2016 and was most recently senior vice president of finance and inventory management. Before in his vocation, he held senior finance and accounting roles at Ralph Lauren, New Immediate, and Rag & Bone. Helm normally takes in excess of for Michael Scarpa, who will retire at the conclusion of March.

Ken Rizvi

Good World-wide Holdings appointed Ken Rizvi as CFO. Rizvi joins the specialty memory and storage provider from semiconductor provider UTAC Holdings, where by he was finance main. Just before that, he was CFO at Isola Group and served as vice president of finance and treasurer at Micron Technological know-how. Existing main economical officer, Jack Pacheco, will go on in his roles as main functioning officer of SGH and president of Good Modular Technologies.

Digital media business RealNetworks employed Christine Chambers as CFO. Chambers will be rejoining RealNetworks, acquiring worked in many finance roles at the business for approximately a 10 years, most recently as vice president of finance. She has been vice president of finance at Rosetta Stone because 2018. Chambers replaces Judd Lee, who leaves the business in March.

Santiago Rubio

Santiago Rubio was promoted to finance main at Concept Monetary. Santiago Rubio joined the lending business in October 2017 as a economical planner. Santiago commenced his vocation in the car lending field, doing the job at GM Monetary, where by he held many roles inside of the car finance captive’s functions.

Virta Wellness appointed Alok Bhushan as main economical officer. Bhushan joins the diabetic issues therapy business from cosmetics business Charlotte Tilbury Elegance, where by he served as CFO. Just before that, Bhushan was a member of the govt staff at digital expertise lookup business Yext for approximately a 10 years. He helped to increase Yext from an early-stage startup through its IPO.

occupations, CFOs on the Move, corporate finance, L Makes, Merck, The Children’s Area