CFOs this year performed a critical function in navigating their organizations via a world wide economic disaster. The expanding strain intensified the spotlight on finance chiefs, and numerous CFOs still left their posts more than the very last twelve months. Some joined new organizations, some others pursued new chances. Their spots ended up taken, in some conditions, by executives promoted to the prime finance location. The next ended up some of the much more notable CFO departures (and arrivals) of the past twelve months.
Luis Visoso was named finance main of Amazon World wide web Services (AWS). Visoso, who has headed finance for Amazon’s globally purchaser phase considering the fact that 2018, joined the enterprise from Cisco the place he was senior vice president of company, engineering, and money functions. Ahead of to that he put in 23 many years at Procter & Gamble. Visoso will take more than for Sean Boyle who has transitioned to the function of vice president at AWS.
Verily, the well being and lifestyle sciences device of Google guardian enterprise Alphabet, named Deepak Ahuja as main money officer. Deepak was CFO for Tesla from 2008 to 2015, then yet again from February 2017 until finally he retired in 2019. Prior to Tesla, he was at Ford Motor Corporation as a finance executive in a variety of roles, which includes CFO for Ford Southern Africa and CFO of AutoAlliance Worldwide.
Online video platform Vimeo appointed Narayan Menon as CFO. Ahead of joining Vimeo, Menon served as main money officer at cloud-based mostly presentation platform Prezi. His past leadership roles consist of corporate vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.
Thomas Ondrof joined Aramark as the meals- and uniform-companies giant’s main money officer. Ondrof earlier served as CFO with foodservice distributor Functionality Meals Group. Prior to that, Ondrof put in 24 many years at Compass Group North The united states, the place he served in a wide range of money and company improvement leadership roles.
Linda Zukauckas joined Nielsen Holdings as main money officer on February 3. Zukauckas begun functioning at American Specific in 2011, most not too long ago serving as the executive vice president and deputy main money officer. Prior to American Specific, Zukauckas held a variety of senior leadership roles at Ally Economic. She serves on the board of MTS Methods, the place she is on the audit and the governance and nominating committees.
Northrop Grumman named veteran finance executive David Keffer as its new CFO, replacing Kenneth Bedingfield. Keffer has most not too long ago been a typical husband or wife at expenditure agency Blue Delta Funds Partners soon after earlier serving as CFO at CSRA and its predecessor enterprise SRA Worldwide.
Personal label packaged meals enterprise TreeHouse Foods named William Kelley Jr. as main money officer. Kelley earlier served as interim CFO. Kelley joined TreeHouse in 2016 as corporate controller and was promoted to senior vice president, corporate and functions finance in 2018. Prior to joining TreeHouse, he was head of world wide audit for Kraft Heinz. Ahead of that, he was corporate controller and main accounting officer at Hillshire Manufacturers.
Groupon’s interim main money officer, Melissa Thomas, assumed the function completely. Thomas joined the e-commerce marketplace in 2017 as vice president of industrial finance and has served as interim CFO considering the fact that August 2019. She currently also serves as the company’s main accounting officer and treasurer.
Matthew Good friend, Nike’s CFO of running segments and vice president of trader relations, took more than as enterprise CFO. Good friend joined the athletic attire retail huge in 2009, functioning on corporate tactic and improvement right before currently being appointed CFO of rising markets in 2011. He has served as CFO of world wide categories, products and functions CFO of world wide brands and functions and CFO of the Nike manufacturer. He succeeds CFO Andy Campion, who transitioned to the function of main running officer.
Toy maker MGA Enjoyment (MGAE) promoted Martin Elliott to main money officer. Elliott joined MGAE in 2015 as vice president of money planning and examination. Elliott was the senior director of tactic at Mattel and the director of finance at The Walt Disney Corporation right before joining MGAE.
Michael Crotty was named Showtime Networks’ new main money officer. Crotty will also have oversight of Wager Networks’ finance staff. Crotty returns to the enjoyment enterprise soon after serving as CFO of media platform The Players’ Tribune considering the fact that 2016. Crotty earlier served as senior vice president of affiliate revenue and company functions for Showtime Networks.
Fidelity Investments named Maggie Serravalli as main money officer. Serravalli was most not too long ago executive vice president at the company’s health care group. Serravalli joined Fidelity in 2007 from JPMorgan Chase the place she served as taking care of director for seven many years.
Adrianne Lee was named finance main at Overstock. Lee joined Overstock from Hertz the place she was CFO of the company’s $seven billion North American Rental Car or truck device. Ahead of joining Hertz, Lee led money planning and examination for Most effective Buy’s multi-billion-greenback e-commerce company. She earlier held many roles in finance, strategic planning, accounting and money reporting, trader relations, and audit at PepsiCo, Allianz Lifetime, and PricewaterhouseCoopers.
Delta CFO Paul Jacobson rescinded his retirement, which he announced in February. CEO Ed Bastian questioned Jacobson to reconsider his conclusion to retire whilst the carrier navigates nevertheless the devastating impact that the coronavirus pandemic has experienced on air travel. 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 15-year veteran of the enterprise, Tennenbaum most not too long ago served as vice president AB InBev’s South The united states division as nicely as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also be a part of the company’s executive committee.
Usa Nowadays guardian Gannett appointed Douglas Horne as main money officer. Horne most not too long ago served as world wide controller for The We Corporation, which includes office environment-sharing startup WeWork. Ahead of that, he put in 8 many years at Warner Media, most not too long ago as senior vice president and controller. Ahead of joining Warner, he served as deputy main money officer and main accounting officer at AOL. Horne succeeds Alison “Ali” Engel, who stepped down at the stop of the first quarter.
Retailer Ted Baker named Rachel Osborne as main executive officer. Osborne joined the enterprise as main money officer in November 2019 right before currently being appointed performing main executive officer in December 2019. She joined Ted Baker from Debenhams, the place she experienced labored as CFO. She was earlier main money officer at Domino’s Pizza, finance director of group enterprise at Vodafone, and finance and tactic director at John Lewis.
Gustavo Arnal was appointed CFO at Mattress Tub & Outside of. Arnal joined the retailer from Avon, the place he was group main money officer. Ahead of that, he was CFO of international divisions and world wide functions at Walgreens Boots Alliance. He has earlier served in senior positions at Procter & Gamble, which includes CFO of India, Middle East, and Africa, CFO world wide fabric and property care, and CFO world wide individual natural beauty. Arnal succeeds Robyn D’Elia, who is leaving the enterprise.
Adam Townsend is the new finance main at Vizio. Ahead of joining the purchaser-electronics manufacturer, Townsend served as main money officer at Showtime Networks. Ahead of that, he held many roles at CBS, which includes executive vice president of corporate finance and trader relations. He also performed essential roles in CBS’s out of doors advertising company and CBS Radio. Townsend will take more than for main running officer Ben Wong, who experienced been managing main money officer duties.
Medical machines maker BVI named David Murray as main money officer. Most not too long ago, Murray served as CFO of Alcon AG until finally its $30 billion spin-off from Novartis Group AG in 2019. During his 19 many years with Novartis, he also served as CFO for its vaccines and diagnostics division, as nicely as many other senior finance leadership roles inside the Pharma division. Ahead of Novartis, he held senior leadership roles at Normal Motors, Swiss Lender Corp, and British Petroleum.
Tyler Sloat was named main money officer at Freshworks. Ahead of joining the consumer engagement computer software enterprise, Sloat was CFO at membership payments enterprise Zuora the place he guided the begin-up via its IPO. Ahead of that, he held executive finance roles at a wide range of organizations which includes NetApp and Siebel Methods.
Biotechnology enterprise Moderna named David Meline as main money officer. Meline joined Moderna from Amgen, the place he was CFO from 2014 via 2019. Ahead of Amgen, he put in six many years at 3M Corporation, the place he most not too long ago served as finance main. Previously, Meline held leadership positions at Normal Motors, which includes CFO for GM North The united states.
Todd McElhatton took more than as finance main at cloud-based mostly platform Zuora on June 22. McElhatton was most not too long ago main money officer at SAP Cloud Business Group. Ahead of that, he was the CFO for SAP North The united states. Ahead of joining SAP, he held many senior finance leadership roles, which includes as CFO at VMware’s Hybrid Cloud Business, CFO at Oracle’s Cloud Services, and CFO at Hewlett Packard Managed Services Business.
Brian DelGhiaccio was promoted to finance main at squander collection enterprise Republic Services. DelGhiaccio, who was most not too long ago executive vice president and main transformation officer, joined Republic Services in 1998 and has considering the fact that held roles of expanding accountability throughout the finance organization. He also potential customers the information engineering, cybersecurity, and info management departments. DelGhiaccio succeeds Charles Serianni, who will retire on June one, 2021.
Previous Property Depot CFO Carol Tomé became main executive officer at UPS. Tomé, who put in eighteen many years as the property advancement company’s CFO, is the first outside CEO use in UPS’ 112-year record. Tomé begun her job as a industrial financial institution with United Lender of Denver and then was director of banking for the Johns-Manville Company. Ahead of joining Property Depot, Carol was vice president and treasurer of Riverwood Worldwide Company.
Anthony DiSilvestro was employed as the new CFO at Mattel. From 2014 to 2019, DiSilvestro served as CFO at Campbell Soup Corporation. He joined Campbell’s in 1996 and has held a variety of money leadership roles, which includes senior vice president of finance, treasurer, controller, main money officer of the company’s North The united states and international divisions, and head of strategic planning and corporate improvement. DiSilvestro will take more than for Joseph Euteneuer, who is leaving the enterprise.
Monish Patolawala was employed as CFO at 3M. Patolawala most not too long ago labored at GE Health care, the place he has served as main money officer of the close to $17 billion company considering the fact that 2015. Patolawala joined GE in 1994, getting leadership roles of expanding accountability. Patolawala succeeds Nick Gangestad, who is retired.
Murray Auchincloss, CFO of BP’s Upstream phase, became main money officer at oil and gasoline enterprise BP on July one. Auchincloss became CFO for BP’s Upstream phase in 2015 soon after two many years as Upstream deputy CFO and head of company improvement. Auchincloss succeeds Brian Gilvary who will retire on June 30. Gilvary has experienced a 34-year job with BP, which includes more than 8 many years as CFO.
T-Cellular promoted Peter Osvaldik to main money officer. Osvaldik, who was most not too long ago senior vice president of finance and main accounting officer, joined the enterprise in 2016 as vice president of exterior reporting and technical accounting. Ahead of T-Cellular, Osvaldik held main accounting officer, controller, and management roles at Outerwall, Coinstar, and PricewaterhouseCoopers.
Hearst named Debi Chirichella as interim president of its journal group. Chirichella has been the journal group’s finance main considering the fact that 2011. Ahead of joining Hearst, Chirichella put in seven many years at rival Condé Nast, the place she served in many executive positions, which includes main running officer at Condé Nast Digital, COO of the Fairchild Fashion Group, and CFO at Condé Nast Publications.
Kristina Salen was appointed finance main at Globe Wrestling Enjoyment (WWE). Salen served as the first CFO of on the net marketplace Etsy, the place she grew the company from $895 million in gross income to $3 billion in 4 many years and led and executed the company’s IPO. Salen earlier held CFO and COO roles at Moda Operandi and Translation Enterprises/United Masters, and managed world wide media and telecom resources with Fidelity Investments.
Domino’s Pizza promoted Stu Levy to main money officer. Levy, who was most not too long ago executive vice president of provide chain companies, joined the pizza chain in 2019 soon after serving as executive vice president and main transformation officer at Republic Services. Ahead of joining Republic Services, Levy put in 13 many years at Bain & Corporation and served as a husband or wife from 2008-2014. Levy will take more than for Jeffrey Lawrence, who is retiring from Domino’s soon after much more than 20 many years at the enterprise.
Ajay Vashee stepped down as CFO at Dropbox soon after much more than 8 many years at the enterprise. Tim Regan, who was the company’s main accounting officer, became the company’s new CFO. Regan has labored at Dropbox for almost 4 many years. He has more than two many years of experience in finance right before Dropbox, from his function as vice president finance and controller at Pandora Media, to senior positions at Dolby Laboratories and Ernst and Younger.
Roku main money officer Steve Louden determined to keep with the enterprise. In December, Louden stated he was stepping down once his replacement was discovered. He planned to return property to the Seattle place with his spouse and children soon after aiding in the transition. Roku stated that Louden will keep on to provide as its CFO whilst functioning remotely in Seattle, and they have ended the look for for his successor.
Cisco finance main Kelly Kramer announced her retirement soon after 5 many years in the place. Kramer joined the computer system networking machines maker in 2012 as senior vice president of corporate finance and became senior vice president of company engineering and functions finance right before currently being named CFO in 2015. Ahead of Cisco, Kramer was CFO of GE Healthcare’s Health care Methods company.
Jamere Jackson became the new finance main at AutoZone soon after stepping down as CFO at Hertz. Bill Giles, the company’s current CFO, will retire at the stop of December 2020 soon after 14 many years in the function. Ahead of joining Hertz, Jackson served as main money officer at Nielsen Holdings.
Jeff Wallace is the new CFO at USAA. Wallace joins the enterprise from Lender of The united states, the place he was most not too long ago main money officer of the purchaser banking and world wide wealth and expenditure management company. Previously in his job, he held money leadership roles at Wachovia Securities, Deutsche Lender, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring soon after much more than 19 many years at the enterprise.
McAfee appointed Venkat Bhamidipati main money officer. Bhamidipati joined the cybersecurity enterprise from health care enterprise Providence, the place he was CFO. Ahead of that, he put in 13 many years at Microsoft, the place he held many executive positions, which includes CFO of the globally enterprise group, CFO of the globally functions and engineering group, and taking care of director for company improvement and expansion tactic.
Gina Goetter was named finance main at Harley-Davidson. Most not too long ago, she served as CFO at Tyson Foods’s organized foods phase, the place she led the reinvention of the segment’s company product to stabilize funds flow and correct-size the cost structure. Ahead of Tyson, Goetter held a variety of world wide leadership positions at Normal Mills, the place she led company product re-engineering and optimized procurement methods and logistics. She will take more than for interim CFO Darrell Thomas, who will keep on as vice president and treasurer.
John Lawler took more than as CFO at Ford. Lawler has most not too long ago been serving as CEO of Ford Autonomous Autos and vice president of mobility partnerships. He has put in a great deal of his 30 many years at Ford in finance leadership and typical management. Lawler served as president of Ford China for almost 4 many years when the enterprise achieved record in-place functionality. He also served as corporate controller and CFO, world wide markets, and head of globally tactic. Lawler took more than for Tim Stone, who still left the enterprise to become CFO and main running officer at computer software enterprise ASAPP.
Hertz promoted Kenny Cheung to CFO to swap R. Eric Esper, who resigned soon after tiny much more than a thirty day period in the place. Esper joined United Purely natural Foods as accounting officer and controller, in accordance to a regulatory filing. Esper was promoted to CFO from main accounting officer when Jamere Jackson resigned from Hertz in August. Cheung was most not too long ago executive vice president of finance, main operational finance, and restructuring officer.
Papa John’s appointed Ann Gugino main money officer. Gugino joins the pizza chain from Goal, the place she was most not too long ago senior vice president of money planning and examination. Ahead of that, she put in eighteen many years at healthcare supplies enterprise Patterson Providers, which includes 4 many years as executive vice president and main money officer. Gugino will take more than for Steve Coke, who has been serving as interim principal money and accounting officer.
Adrian Mitchell was named Macy’s new finance main. Mitchell joined the retailer from Boston Consulting Group (BCG) the place he was a taking care of director and husband or wife in the digital BCG and purchaser procedures. Ahead of joining BCG, Mitchell experienced broad-ranging retail ordeals. Mitchell took more than for interim CFO Felicia Williams. Williams was named interim CFO in Might soon after main money officer Paula Selling price announced she was leaving the retailer soon after fewer than two many years in the function.
Nasdaq promoted Ann Dennison to CFO. Dennison, who is currently senior vice president, controller, and main accounting officer, will acquire more than as main money officer on March one, 2021. Dennison has been with Nasdaq for 5 many years and has much more than 20 many years of experience in money reporting and examination. Ahead of joining Nasdaq, Dennison labored at Goldman Sachs as taking care of director, head of money reporting. She will take more than for Michael Ptasznik, who will retire on February 28.
Tapestry, the guardian enterprise of Mentor, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as main executive officer. Crevoiserat, who became CFO in August 2019, took more than as interim CEO in July. She joined the enterprise from Abercrombie & Fitch, the place she was employed as main money officer.
Stanley Sutula is the new finance main at Colgate-Palmolive. Sutula has served as executive vice president and main money officer at Pitney Bowes considering the fact that February 2017 and earlier put in 28 many years at IBM. His tenure at IBM incorporated money management roles of expanding accountability, culminating in service as IBM’s vice president and controller. Sutula will take more than for Henning Jakobsen, who will think the function of senior vice president until finally his retirement on December 31.
Worldwide Automotive Components (IAC) finance main David Prystash will become its subsequent CEO and a member of the company’s board of directors, effective January one, 2021. Ahead of joining IAC in November 2018, Prystash held leadership positions at Normal Motors, which includes vice president and CFO of world wide products improvement, acquiring, and provide chain. Kevin Graham, who is vice president of finance, will become CFO.
WarnerMedia CFO Pascal Desroches has been named the new finance main at AT&T, effective April one. Ahead of serving as CFO at WarnerMedia, Desroches was main money officer at Turner and world wide controller at Time Warner. Desroches will take more than for John Stephens, who will retire in March soon after 28 many years with the enterprise and 9 many years as CFO.
Lululemon promoted Meghan Frank to main money officer. Frank joined Lululemon in 2016 as senior vice president of money planning and examination and, considering the fact that April, has served as interim co-CFO, along with Alex Grieve, vice president, controller for the enterprise. She earlier held senior roles at Ross Suppliers and J.Crew, the place she served for almost a 10 years.
Sysco named Aaron Alt as the foodservice distribution company’s new CFO, effective December seven. Alt most not too long ago served as main money officer at retailer Sally Elegance Holdings and president of Sally Elegance Provide. Alt’s experience also includes executive leadership roles in finance, functions, and grocery transformation at Goal. Alt replaces Joel Quality, who will think the freshly established function of executive vice president of company improvement.
Cisco named R. Scott Herren finance main. Considering that November 2014, Herren served as CFO and senior vice president at style and design and engineering computer software enterprise Autodesk. At Autodesk, he served the enterprise rework its company product from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring soon after 9 many years at the enterprise.
Amy Weaver was named president and CFO at Salesforce. Weaver, a current president and main legal officer at the enterprise, will acquire more than for finance main Mark Hawkin on February one. Hawkin, who is retiring on January 31, will transition to an advisory function as CFO emeritus via October 2021. Ahead of joining Salesforce, Weaver was executive vice president and typical counsel at Univar.
Funds A single promoted Andrew Younger to finance main, effective March one. Younger has served as senior vice president and company line CFO at the enterprise considering the fact that April 2018. He has also served as the main money officer of Funds A single, N.A., the biggest of the company’s two countrywide financial institution subsidiaries, considering the fact that July 2018. He will take more than for R. Scott Blackley, who is leaving the enterprise to become CFO at insurance startup Oscar Well being Insurance policy.
Procter & Gamble promoted Andre Schulten to finance main, effective March one. Schulten, who joined the enterprise in 1996, is currently senior vice president of newborn care in North The united states. Previously in his job, Schulten held other roles, which includes senior vice president of finance and accounting in West Europe and for P&G’s world wide spouse and children care, newborn care, and female care organizations. He succeeds extensive-time CFO Jon Moeller, who will retain his function as vice chairman and main running officer.
Coty promoted Laurent Mercier to main money officer, effective February 15. Mercier, who is currently the natural beauty company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He earlier put in 20 many years at world wide meals and beverage huge Danone, the place he held many leadership roles. He succeeds Pierre-André Terisse, with whom he has labored carefully at equally Coty and throughout their past roles at Danone.