CFOs On the Move: Week Ending February 5

Merck’s chief economic officer, Robert Davis, will get about as the pharma company’s CEO. Davis joined the business as CFO in 2014. Prior to Merck, he labored for Baxter Worldwide, where he was corporate vice president and president of health-related merchandise. He held various other positions in the course of his tenure at Baxter such as president of its renal enterprise, chief economic officer, and treasurer. Prior to that, he labored at Eli Lilly & Enterprise.​ Davis can take about for chairman and CEO Kenneth Frazier, who has been chief govt considering that 2011. Frazier will retire on June 30 and will keep on to provide on Merck’s board of directors as govt chairman for a transition period of time.

Client-loyalty and retail-benefits app Fetch Rewards hired Nupur Sadiwala as chief economic officer. Sadiwala was most recently CFO at Reebonz, Asia’s biggest luxurious e-commerce platform. Prior to that, she was a vice president in the expense banking group at Goldman Sachs. There, she was an adviser on about $seven billion of buy-aspect and provide-aspect M&A transactions throughout North America and Southeast Asia.

Stuart Burgdoerfer is retiring from his roles as CFO of L Brand names and interim CEO of Victoria’s Top secret enterprise. Martin Waters, presently CEO of Victoria’s Top secret Lingerie, has been promoted to CEO of Victoria’s Top secret enterprise. Burgdoerfer will remain at the retailer as CFO by August 2021 even though the business appears to be for his successor.

Pash Nangia has joined Royal Cup Coffee & Tea as its new chief economic officer. Nangia was most recently CFO at cheerleading business Varsity Spirit. Prior to that, Nangia was vice president of finance and data know-how at maker Ametek. Before in his job, he labored at Cummins for almost twenty years in various finance management roles. Nangia succeeds Chip Wann, who was promoted to president and chief govt officer in February 2020 from the part of chief functioning officer and performing CFO.

The Children’s Place promoted Robert Helm to finance chief. Helm joined the retailer in 2016 and was most recently senior vice president of finance and stock management. Before in his job, he held senior finance and accounting roles at Ralph Lauren, Fresh Immediate, and Rag & Bone. Helm can take about for Michael Scarpa, who will retire at the finish of March.

Good Global Holdings appointed Ken Rizvi as CFO. Rizvi joins the specialty memory and storage company from semiconductor company UTAC Holdings, where he was finance chief. Prior to that, he was CFO at Isola Group and served as vice president of finance and treasurer at Micron Technologies. Current chief economic officer, Jack Pacheco, will keep on in his roles as chief functioning officer of SGH and president of Good Modular Technologies.

Electronic media business RealNetworks hired Christine Chambers as CFO. Chambers will be rejoining RealNetworks, acquiring labored in several finance roles at the business for almost a 10 years, most recently as vice president of finance. She has been vice president of finance at Rosetta Stone considering that 2018. Chambers replaces Judd Lee, who leaves the business in March.

Santiago Rubio was promoted to finance chief at Notion Monetary. Santiago Rubio joined the lending business in October 2017 as a economic planner. Santiago started his job in the auto lending field, operating at GM Monetary, where he held several roles in the auto finance captive’s operations.

Virta Health appointed Alok Bhushan as chief economic officer. Bhushan joins the diabetes treatment method business from cosmetics business Charlotte Tilbury Magnificence, where he served as CFO. Prior to that, Bhushan was a member of the govt crew at digital awareness look for business Yext for almost a 10 years. He aided to increase Yext from an early-stage startup by its IPO.

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