2020 CFO Departures and Arrivals

CFOs this calendar year played a important position in navigating their corporations by means of a world wide financial crisis. The raising pressure intensified the highlight on finance chiefs, and quite a few CFOs left their posts about the previous 12 months. Some joined new corporations, other individuals pursued new prospects. Their areas have been taken, in some scenarios, by executives promoted to the major finance place. The adhering to have been some of the additional notable CFO departures (and arrivals) of the past 12 months.

January 2020

Luis Visoso was named finance main of Amazon World wide web Solutions (AWS). Visoso, who has headed finance for Amazon’s globally buyer segment since 2018, joined the business from Cisco where he was senior vice president of small business, engineering, and economical functions. Just before to that he expended 23 years at Procter & Gamble. Visoso requires about for Sean Boyle who has transitioned to the position of vice president at AWS.

Verily, the health and existence sciences unit of Google mother or father business Alphabet, named Deepak Ahuja as main economical officer. Deepak was CFO for Tesla from 2008 to 2015, then once more from February 2017 until finally he retired in 2019. Prior to Tesla, he was at Ford Motor Company as a finance government in numerous roles, including CFO for Ford Southern Africa and CFO of AutoAlliance Worldwide.

Video clip platform Vimeo appointed Narayan Menon as CFO. Just before becoming a member of Vimeo, Menon served as main economical officer at cloud-dependent presentation platform Prezi. His past 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 foodstuff- and uniform-companies giant’s main economical officer. Ondrof formerly served as CFO with foodservice distributor Overall performance Foodstuff Group. Prior to that, Ondrof expended 24 years at Compass Group North The united states, where he served in a wide range of economical and small business growth management roles.

February 2020

Linda Zukauckas joined Nielsen Holdings as main economical officer on February 3. Zukauckas begun working at American Express in 2011, most just lately serving as the government vice president and deputy main economical officer. Prior to American Express, Zukauckas held numerous senior management roles at Ally Financial. She serves on the board of MTS Methods, where she is on the audit and the governance and nominating committees.

Northrop Grumman named veteran finance government David Keffer as its new CFO, replacing Kenneth Bedingfield. Keffer has most just lately been a common spouse at financial investment agency Blue Delta Capital Associates following formerly serving as CFO at CSRA and its predecessor business SRA Worldwide.

Private label packaged foodstuff business TreeHouse Meals named William Kelley Jr. as main economical officer. Kelley formerly 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. Just before that, he was company controller and main accounting officer at Hillshire Models.

Groupon’s interim main economical officer, Melissa Thomas, assumed the position completely. Thomas joined the e-commerce market in 2017 as vice president of business finance and has served as interim CFO since August 2019. She now also serves as the company’s main accounting officer and treasurer.

Matthew Friend, Nike’s CFO of running segments and vice president of trader relations, took about as business CFO. Friend joined the athletic apparel retail huge in 2009, working on company technique and growth in advance of being appointed CFO of rising marketplaces in 2011. He has served as CFO of world wide categories, solution and functions CFO of world wide brand names and functions and CFO of the Nike manufacturer. He succeeds CFO Andy Campion, who transitioned to the position of main running officer.

March 2020

Toy producer MGA Enjoyment (MGAE) promoted Martin Elliott to main economical officer. Elliott joined MGAE in 2015 as vice president of economical planning and investigation. Elliott was the senior director of technique at Mattel and the director of finance at The Walt Disney Company in advance of becoming a member of MGAE.

Michael Crotty was named Showtime Networks’ new main economical officer. Crotty will also have oversight of Bet Networks’ finance staff. Crotty returns to the entertainment business following serving as CFO of media platform The Players’ Tribune since 2016. Crotty formerly served as senior vice president of affiliate profits and small business functions for Showtime Networks.

Fidelity Investments named Maggie Serravalli as main economical officer. Serravalli was most just lately government vice president at the company’s health care team. Serravalli joined Fidelity in 2007 from JPMorgan Chase where she served as handling director for 7 years.

Adrianne Lee was named finance main at Overstock. Lee joined Overstock from Hertz where she was CFO of the company’s $seven billion North American Rental Car or truck unit. Just before becoming a member of Hertz, Lee led economical planning and investigation for Very best Buy’s multi-billion-dollar e-commerce small business. She formerly held quite a few roles in finance, strategic planning, accounting and economical 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 choice to retire while the carrier navigates nevertheless the devastating effect that the coronavirus pandemic has had on air travel. Jacobson joined the business in 1997 as a economical analyst and was named CFO in 2012.

Anheuser-Busch InBev’s longtime CFO, Felipe Dutra, stepped down. Dutra was replaced by Fernando Tennenbaum. A 15-calendar year veteran of the business, Tennenbaum most just lately served as vice president AB InBev’s South The united states division as effectively as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also sign up for the company’s government committee.

Usa Right now mother or father Gannett appointed Douglas Horne as main economical officer. Horne most just lately served as world wide controller for The We Company, which involves place of work-sharing startup WeWork. Just before that, he expended 8 years at Warner Media, most just lately as senior vice president and controller. Just before becoming a member of Warner, he served as deputy main economical officer and main 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 main government officer. Osborne joined the business as main economical officer in November 2019 in advance of being appointed acting main government officer in December 2019. She joined Ted Baker from Debenhams, where she had worked as CFO. She was formerly main economical officer at Domino’s Pizza, finance director of team company at Vodafone, and finance and technique director at John Lewis.

Might 2020

Gustavo Arnal was appointed CFO at Mattress Bathtub & Outside of. Arnal joined the retailer from Avon, where he was team main economical officer. Just before that, he was CFO of intercontinental divisions and world wide functions at Walgreens Boots Alliance. He has formerly served in senior positions at Procter & Gamble, including CFO of India, Center East, and Africa, CFO world wide cloth and home care, and CFO world wide own natural beauty. Arnal succeeds Robyn D’Elia, who is leaving the business.

Adam Townsend is the new finance main at Vizio. Just before becoming a member of the buyer-electronics manufacturer, Townsend served as main economical officer at Showtime Networks. Just before that, he held various roles at CBS, including government vice president of company finance and trader relations. He also played key roles in CBS’s outdoor marketing small business and CBS Radio. Townsend requires about for main running officer Ben Wong, who had been dealing with main economical officer duties.

Health care equipment producer BVI named David Murray as main economical officer. Most just lately, Murray served as CFO of Alcon AG until finally its $thirty billion spin-off from Novartis Group AG in 2019. During his 19 years with Novartis, he also served as CFO for its vaccines and diagnostics division, as effectively as quite a few other senior finance management roles inside the Pharma division. Just before Novartis, he held senior management roles at Common Motors, Swiss Lender Corp, and British Petroleum.

Tyler Sloat was named main economical officer at Freshworks. Just before becoming a member of the buyer engagement program business, Sloat was CFO at subscription payments business Zuora where he guided the start out-up by means of its IPO. Just before that, he held government finance roles at a wide range of corporations including NetApp and Siebel Methods.

June 2020

Biotechnology business Moderna named David Meline as main economical officer. Meline joined Moderna from Amgen, where he was CFO from 2014 by means of 2019. Just before Amgen, he expended six years at 3M Company, where he most just lately served as finance main. Previously, Meline held management positions at Common Motors, including CFO for GM North The united states.

Todd McElhatton took about as finance main at cloud-dependent platform Zuora on June 22. McElhatton was most just lately main economical officer at SAP Cloud Business Group. Just before that, he was the CFO for SAP North The united states. Just before becoming a member of SAP, he held various senior finance management roles, including as CFO at VMware’s Hybrid Cloud Business, CFO at Oracle’s Cloud Solutions, and CFO at Hewlett Packard Managed Solutions Business.

Brian DelGhiaccio was promoted to finance main at squander collection business Republic Solutions. DelGhiaccio, who was most just lately government vice president and main transformation officer, joined Republic Solutions in 1998 and has since held roles of raising duty across the finance business. He also leads the information and facts engineering, cybersecurity, and facts administration departments. DelGhiaccio succeeds Charles Serianni, who will retire on June one, 2021.

Previous House Depot CFO Carol Tomé became main government officer at UPS. Tomé, who expended 18 years as the home improvement company’s CFO, is the to start with outside the house CEO seek the services of in UPS’ 112-calendar year heritage. Tomé begun her vocation as a business lender with United Lender of Denver and then was director of banking for the Johns-Manville Company. Just before becoming a member of House Depot, Carol was vice president and treasurer of Riverwood Worldwide 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 numerous economical management roles, including senior vice president of finance, treasurer, controller, main economical officer of the company’s North The united states and intercontinental divisions, and head of strategic planning and company growth. DiSilvestro requires about for Joseph Euteneuer, who is leaving the business.

July 2020  

Monish Patolawala was hired as CFO at 3M. Patolawala most just lately worked at GE Healthcare, where he has served as main economical officer of the roughly $seventeen billion small business since 2015. Patolawala joined GE in 1994, having management roles of raising duty. Patolawala succeeds Nick Gangestad, who is retired.

Murray Auchincloss, CFO of BP’s Upstream segment, became main economical officer at oil and gasoline business BP on July one. Auchincloss became CFO for BP’s Upstream segment in 2015 following two years as Upstream deputy CFO and head of small business growth. Auchincloss succeeds Brian Gilvary who will retire on June thirty. Gilvary has had a 34-calendar year vocation with BP, including about 8 years as CFO.

T-Cell promoted Peter Osvaldik to main economical officer. Osvaldik, who was most just lately senior vice president of finance and main accounting officer, joined the business in 2016 as vice president of external reporting and specialized accounting. Just before T-Cell, Osvaldik held main accounting officer, controller, and administration roles at Outerwall, Coinstar, and PricewaterhouseCoopers.

Hearst named Debi Chirichella as interim president of its journal team. Chirichella has been the journal group’s finance main since 2011. Just before becoming a member of Hearst, Chirichella expended 7 years at rival Condé Nast, where she served in quite a few government positions, including main running officer at Condé Nast Electronic, COO of the Fairchild Manner Group, and CFO at Condé Nast Publications.

August 2020

Kristina Salen was appointed finance main at Planet Wrestling Enjoyment (WWE). Salen served as the to start with CFO of on the net market Etsy, where she grew the small business from $895 million in gross gross sales to $3 billion in four years 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 world wide media and telecom resources with Fidelity Investments.

Domino’s Pizza promoted Stu Levy to main economical officer. Levy, who was most just lately government vice president of offer chain companies, joined the pizza chain in 2019 following serving as government vice president and main transformation officer at Republic Solutions. Just before becoming a member of Republic Solutions, Levy expended thirteen years at Bain & Company and served as a spouse from 2008-2014. Levy requires about for Jeffrey Lawrence, who is retiring from Domino’s following additional than 20 years at the business.

Ajay Vashee stepped down as CFO at Dropbox following additional than 8 years at the business. Tim Regan, who was the company’s main accounting officer, became the company’s new CFO. Regan has worked at Dropbox for just about four years. He has about two many years of experience in finance in advance of Dropbox, from his position as vice president finance and controller at Pandora Media, to senior positions at Dolby Laboratories and Ernst and Youthful.

Roku main economical officer Steve Louden determined to continue to be with the business. In December, Louden claimed he was stepping down at the time his substitution was observed. He planned to return home to the Seattle space with his family following aiding in the changeover. Roku claimed that Louden will proceed to provide as its CFO while working remotely in Seattle, and they have ended the research for his successor.

Cisco finance main Kelly Kramer introduced her retirement following 5 years in the placement. Kramer joined the laptop or computer networking equipment maker in 2012 as senior vice president of company finance and became senior vice president of small business engineering and functions finance in advance of being named CFO in 2015. Just before Cisco, Kramer was CFO of GE Healthcare’s Healthcare Methods small business.

September 2020

Jamere Jackson became the new finance main at AutoZone following stepping down as CFO at Hertz. Monthly bill Giles, the company’s existing CFO, will retire at the stop of December 2020 following 14 years in the position. Just before becoming a member of Hertz, Jackson served as main economical officer at Nielsen Holdings.

Jeff Wallace is the new CFO at USAA. Wallace joins the business from Lender of The united states, where he was most just lately main economical officer of the buyer banking and world wide wealth and financial investment administration small business. Previously in his vocation, he held economical management roles at Wachovia Securities, Deutsche Lender, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring following additional than 19 years at the business.

McAfee appointed Venkat Bhamidipati main economical officer. Bhamidipati joined the cybersecurity business from health care business Providence, where he was CFO. Just before that, he expended thirteen years at Microsoft, where he held quite a few government positions, including CFO of the globally company team, CFO of the globally functions and engineering team, and handling director for small business growth and expansion technique.

Gina Goetter was named finance main at Harley-Davidson. Most just lately, she served as CFO at Tyson Foods’s organized meals segment, where she led the reinvention of the segment’s small business design to stabilize cash movement and suitable-measurement the charge composition. Just before Tyson, Goetter held numerous world wide management positions at Common Mills, where she led small business design re-engineering and optimized procurement methods and logistics. She requires about for interim CFO Darrell Thomas, who will proceed as vice president and treasurer.

Oct 2020

John Lawler took about as CFO at Ford. Lawler has most just lately been serving as CEO of Ford Autonomous Cars and vice president of mobility partnerships. He has expended much of his thirty years at Ford in finance management and common administration. Lawler served as president of Ford China for just about four years when the business achieved report in-region efficiency. He also served as company controller and CFO, world wide marketplaces, and head of globally technique. Lawler took about for Tim Stone, who left the business to turn into CFO and main running officer at program business ASAPP.

Hertz promoted Kenny Cheung to CFO to exchange R. Eric Esper, who resigned following very little additional than a thirty day period in the placement. Esper joined United Purely natural Meals as accounting officer and controller, in accordance to a regulatory submitting. Esper was promoted to CFO from main accounting officer when Jamere Jackson resigned from Hertz in August. Cheung was most just lately government vice president of finance, main operational finance, and restructuring officer.

Papa John’s appointed Ann Gugino main economical officer. Gugino joins the pizza chain from Target, where she was most just lately senior vice president of economical planning and investigation. Just before that, she expended 18 years at professional medical materials business Patterson Providers, including four years as government vice president and main economical officer. Gugino requires about for Steve Coke, who has been serving as interim principal economical and accounting officer.

Adrian Mitchell was named Macy’s new finance main. Mitchell joined the retailer from Boston Consulting Group (BCG) where he was a handling director and spouse in the digital BCG and buyer methods. Just before becoming a member of BCG, Mitchell had extensive-ranging retail ordeals. Mitchell took about for interim CFO Felicia Williams. Williams was named interim CFO in Might following main economical officer Paula Value introduced she was leaving the retailer following considerably less than two years in the position.

Nasdaq promoted Ann Dennison to CFO. Dennison, who is now senior vice president, controller, and main accounting officer, will get about as main economical officer on March one, 2021. Dennison has been with Nasdaq for 5 years and has additional than 20 years of experience in economical reporting and investigation. Just before becoming a member of Nasdaq, Dennison worked at Goldman Sachs as handling director, head of economical reporting. She requires about for Michael Ptasznik, who will retire on February 28.

Tapestry, the mother or father business of Mentor, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as main government officer. Crevoiserat, who became CFO in August 2019, took about as interim CEO in July. She joined the business from Abercrombie & Fitch, where she was hired as main economical officer.

November 2020

Stanley Sutula is the new finance main at Colgate-Palmolive. Sutula has served as government vice president and main economical officer at Pitney Bowes since February 2017 and formerly expended 28 years at IBM. His tenure at IBM included economical administration roles of raising duty, culminating in service as IBM’s vice president and controller. Sutula requires about for Henning Jakobsen, who will believe the position of senior vice president until finally his retirement on December 31.

Worldwide Automotive Factors (IAC) finance main David Prystash will turn into its subsequent CEO and a member of the company’s board of administrators, successful January one, 2021. Just before becoming a member of IAC in November 2018, Prystash held management positions at Common Motors, including vice president and CFO of world wide solution growth, obtaining, and offer chain. Kevin Graham, who is vice president of finance, will turn into CFO.

WarnerMedia CFO Pascal Desroches has been named the new finance main at AT&T, successful April one. Just before serving as CFO at WarnerMedia, Desroches was main economical officer at Turner and world wide controller at Time Warner. Desroches requires about for John Stephens, who will retire in March following 28 years with the business and nine years as CFO.

Lululemon promoted Meghan Frank to main economical officer. Frank joined Lululemon in 2016 as senior vice president of economical planning and investigation and, since April, has served as interim co-CFO, together with Alex Grieve, vice president, controller for the business. She formerly held senior roles at Ross Merchants and J.Crew, where she served for just about a 10 years.

Sysco named Aaron Alt as the foodservice distribution company’s new CFO, successful December seven. Alt most just lately served as main economical officer at retailer Sally Natural beauty Holdings and president of Sally Natural beauty Source. Alt’s experience also involves government management roles in finance, functions, and grocery transformation at Target. Alt replaces Joel Grade, who will believe the recently produced position of government vice president of small business growth.

December 2020

Cisco named R. Scott Herren finance main. Due to the fact November 2014, Herren served as CFO and senior vice president at layout and engineering program business Autodesk. At Autodesk, he assisted the business remodel its small business design from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring following nine years at the business.

Amy Weaver was named president and CFO at Salesforce. Weaver, a existing president and main lawful officer at the business, will get about for finance main Mark Hawkin on February one. Hawkin, who is retiring on January 31, will changeover to an advisory position as CFO emeritus by means of Oct 2021. Just before becoming a member of Salesforce, Weaver was government vice president and common counsel at Univar.

Capital Just one promoted Andrew Youthful to finance main, successful March one. Youthful has served as senior vice president and small business line CFO at the business since April 2018. He has also served as the main economical officer of Capital Just one, N.A., the premier of the company’s two national financial institution subsidiaries, since July 2018. He requires about for R. Scott Blackley, who is leaving the business to turn into CFO at insurance coverage startup Oscar Wellness Insurance plan.

Procter & Gamble promoted Andre Schulten to finance main, successful March one. Schulten, who joined the business in 1996, is now senior vice president of baby care in North The united states. Previously in his vocation, Schulten held other roles, including senior vice president of finance and accounting in West Europe and for P&G’s world wide family care, baby care, and feminine care firms. He succeeds extended-time CFO Jon Moeller, who will keep his position as vice chairman and main running officer.

Coty promoted Laurent Mercier to main economical officer, successful February 15. Mercier, who is now the natural beauty company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He formerly expended 20 years at world wide foodstuff and beverage huge Danone, where he held quite a few management roles. He succeeds Pierre-André Terisse, with whom he has worked closely at each Coty and all through their past roles at Danone.

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