2020 CFO Departures and Arrivals

CFOs this year performed a crucial job in navigating their businesses by way of a world wide economic disaster. The rising tension intensified the highlight on finance chiefs, and a lot of CFOs still left their posts about the very last twelve months. Some joined new businesses, other individuals pursued new opportunities. Their sites were taken, in some instances, by executives promoted to the top finance place. The pursuing were some of the much more noteworthy CFO departures (and arrivals) of the earlier twelve months.

January 2020

Luis Visoso was named finance main of Amazon Internet Expert services (AWS). Visoso, who has headed finance for Amazon’s around the globe shopper phase considering that 2018, joined the organization from Cisco where by he was senior vice president of company, engineering, and money operations. Right before to that he invested 23 yrs at Procter & Gamble. Visoso will take about for Sean Boyle who has transitioned to the job of vice president at AWS.

Verily, the wellness and existence sciences device of Google mum or dad organization Alphabet, named Deepak Ahuja as main money officer. Deepak was CFO for Tesla from 2008 to 2015, then all over again from February 2017 until finally he retired in 2019. Prior to Tesla, he was at Ford Motor Firm as a finance govt in various roles, including CFO for Ford Southern Africa and CFO of AutoAlliance Worldwide.

Online video platform Vimeo appointed Narayan Menon as CFO. Right before joining Vimeo, Menon served as main money officer at cloud-based presentation platform Prezi. His earlier leadership roles involve company vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.

Thomas Ondrof joined Aramark as the food items- and uniform-companies giant’s main money officer. Ondrof previously served as CFO with foodservice distributor Overall performance Food stuff Group. Prior to that, Ondrof invested 24 yrs at Compass Group North The united states, where by he served in a variety of money and company progress leadership roles.

February 2020

Linda Zukauckas joined Nielsen Holdings as main money officer on February 3. Zukauckas begun doing work at American Convey in 2011, most a short while ago serving as the govt vice president and deputy main money officer. Prior to American Convey, Zukauckas held various senior leadership roles at Ally Money. She serves on the board of MTS Devices, where by she is on the audit and the governance and nominating committees.

Northrop Grumman named veteran finance govt David Keffer as its new CFO, changing Kenneth Bedingfield. Keffer has most a short while ago been a normal spouse at expenditure business Blue Delta Money Companions after previously serving as CFO at CSRA and its predecessor organization SRA Worldwide.

Private label packaged food items organization TreeHouse Foods named William Kelley Jr. as main money officer. Kelley previously served as interim CFO. Kelley joined TreeHouse in 2016 as company controller and was promoted to senior vice president, company and operations finance in 2018. Prior to joining TreeHouse, he was head of world wide audit for Kraft Heinz. Right before that, he was company controller and main accounting officer at Hillshire Brand names.

Groupon’s interim main money officer, Melissa Thomas, assumed the job permanently. Thomas joined the e-commerce market in 2017 as vice president of industrial finance and has served as interim CFO considering that August 2019. She presently also serves as the company’s main accounting officer and treasurer.

Matthew Mate, Nike’s CFO of working segments and vice president of trader relations, took about as organization CFO. Mate joined the athletic apparel retail large in 2009, doing work on company approach and progress right before getting appointed CFO of rising markets in 2011. He has served as CFO of world wide types, product or service and capabilities CFO of world wide manufacturers and capabilities and CFO of the Nike manufacturer. He succeeds CFO Andy Campion, who transitioned to the job of main working officer.

March 2020

Toy producer MGA Enjoyment (MGAE) promoted Martin Elliott to main money officer. Elliott joined MGAE in 2015 as vice president of money preparing and examination. Elliott was the senior director of approach at Mattel and the director of finance at The Walt Disney Firm right before joining MGAE.

Michael Crotty was named Showtime Networks’ new main money officer. Crotty will also have oversight of Bet Networks’ finance staff. Crotty returns to the leisure organization after serving as CFO of media platform The Players’ Tribune considering that 2016. Crotty previously served as senior vice president of affiliate income and company operations for Showtime Networks.

Fidelity Investments named Maggie Serravalli as main money officer. Serravalli was most a short while ago govt vice president at the company’s healthcare team. Serravalli joined Fidelity in 2007 from JPMorgan Chase where by she served as running director for seven yrs.

Adrianne Lee was named finance main at Overstock. Lee joined Overstock from Hertz where by she was CFO of the company’s $7 billion North American Rental Automobile device. Right before joining Hertz, Lee led money preparing and examination for Most effective Buy’s multi-billion-greenback e-commerce company. She previously held numerous roles in finance, strategic preparing, accounting and money reporting, trader relations, and audit at PepsiCo, Allianz Life, 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 although the carrier navigates nevertheless the devastating affect that the coronavirus pandemic has had on air journey. Jacobson joined the organization 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 organization, Tennenbaum most a short while ago served as vice president AB InBev’s South The united states division as perfectly as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also be part of the company’s govt committee.

Usa Right now mum or dad Gannett appointed Douglas Horne as main money officer. Horne most a short while ago served as world wide controller for The We Firm, which incorporates place of work-sharing startup WeWork. Right before that, he invested eight yrs at Warner Media, most a short while ago as senior vice president and controller. Right before 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 finish of the 1st quarter.

Retailer Ted Baker named Rachel Osborne as main govt officer. Osborne joined the organization as main money officer in November 2019 right before getting appointed performing main govt officer in December 2019. She joined Ted Baker from Debenhams, where by she had labored as CFO. She was previously main money officer at Domino’s Pizza, finance director of team organization at Vodafone, and finance and approach director at John Lewis.

May 2020

Gustavo Arnal was appointed CFO at Mattress Bath & Over and above. Arnal joined the retailer from Avon, where by he was team main money officer. Right before that, he was CFO of worldwide divisions and world wide capabilities at Walgreens Boots Alliance. He has previously served in senior positions at Procter & Gamble, including CFO of India, Middle East, and Africa, CFO world wide material and house care, and CFO world wide own magnificence. Arnal succeeds Robyn D’Elia, who is leaving the organization.

Adam Townsend is the new finance main at Vizio. Right before joining the shopper-electronics manufacturer, Townsend served as main money officer at Showtime Networks. Right before that, he held several roles at CBS, including govt vice president of company finance and trader relations. He also performed important roles in CBS’s outdoor advertising company and CBS Radio. Townsend will take about for main working officer Ben Wong, who had been managing main money officer obligations.

Medical devices producer BVI named David Murray as main money officer. Most a short while ago, Murray served as CFO of Alcon AG until finally its $30 billion spin-off from Novartis Group AG in 2019. Throughout his 19 yrs with Novartis, he also served as CFO for its vaccines and diagnostics division, as perfectly as numerous other senior finance leadership roles within just the Pharma division. Right before Novartis, he held senior leadership roles at Standard Motors, Swiss Financial institution Corp, and British Petroleum.

Tyler Sloat was named main money officer at Freshworks. Right before joining the shopper engagement software program organization, Sloat was CFO at subscription payments organization Zuora where by he guided the commence-up by way of its IPO. Right before that, he held govt finance roles at a variety of businesses including NetApp and Siebel Devices.

June 2020

Biotechnology organization Moderna named David Meline as main money officer. Meline joined Moderna from Amgen, where by he was CFO from 2014 by way of 2019. Right before Amgen, he invested six yrs at 3M Firm, where by he most a short while ago served as finance main. Formerly, Meline held leadership positions at Standard Motors, including CFO for GM North The united states.

Todd McElhatton took about as finance main at cloud-based platform Zuora on June 22. McElhatton was most a short while ago main money officer at SAP Cloud Enterprise Group. Right before that, he was the CFO for SAP North The united states. Right before joining SAP, he held several senior finance leadership roles, including as CFO at VMware’s Hybrid Cloud Enterprise, CFO at Oracle’s Cloud Expert services, and CFO at Hewlett Packard Managed Expert services Enterprise.

Brian DelGhiaccio was promoted to finance main at waste selection organization Republic Expert services. DelGhiaccio, who was most a short while ago govt vice president and main transformation officer, joined Republic Expert services in 1998 and has considering that held roles of rising duty across the finance organization. He also prospects the facts engineering, cybersecurity, and facts management departments. DelGhiaccio succeeds Charles Serianni, who will retire on June 1, 2021.

Former Residence Depot CFO Carol Tomé turned main govt officer at UPS. Tomé, who invested 18 yrs as the house advancement company’s CFO, is the 1st exterior CEO hire in UPS’ 112-year background. Tomé begun her profession as a industrial financial institution with United Financial institution of Denver and then was director of banking for the Johns-Manville Company. Right before joining Residence 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 Firm. He joined Campbell’s in 1996 and has held various money leadership roles, including senior vice president of finance, treasurer, controller, main money officer of the company’s North The united states and worldwide divisions, and head of strategic preparing and company progress. DiSilvestro will take about for Joseph Euteneuer, who is leaving the organization.

July 2020  

Monish Patolawala was employed as CFO at 3M. Patolawala most a short while ago labored at GE Health care, where by he has served as main money officer of the somewhere around $17 billion company considering that 2015. Patolawala joined GE in 1994, using leadership roles of rising duty. Patolawala succeeds Nick Gangestad, who is retired.

Murray Auchincloss, CFO of BP’s Upstream phase, turned main money officer at oil and gas organization BP on July 1. Auchincloss turned CFO for BP’s Upstream phase in 2015 after two yrs as Upstream deputy CFO and head of company progress. Auchincloss succeeds Brian Gilvary who will retire on June 30. Gilvary has had a 34-year profession with BP, including about eight yrs as CFO.

T-Cell promoted Peter Osvaldik to main money officer. Osvaldik, who was most a short while ago senior vice president of finance and main accounting officer, joined the organization in 2016 as vice president of external reporting and technological accounting. Right before T-Cell, Osvaldik held main accounting officer, controller, and management 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 considering that 2011. Right before joining Hearst, Chirichella invested seven yrs at rival Condé Nast, where by she served in numerous govt positions, including main working officer at Condé Nast Electronic, COO of the Fairchild Trend Group, and CFO at Condé Nast Publications.

August 2020

Kristina Salen was appointed finance main at Earth Wrestling Enjoyment (WWE). Salen served as the 1st CFO of on the net market Etsy, where by she grew the company from $895 million in gross sales to $3 billion in four yrs and led and executed the company’s IPO. Salen previously held CFO and COO roles at Moda Operandi and Translation Enterprises/United Masters, and managed world wide media and telecom money with Fidelity Investments.

Domino’s Pizza promoted Stu Levy to main money officer. Levy, who was most a short while ago govt vice president of source chain companies, joined the pizza chain in 2019 after serving as govt vice president and main transformation officer at Republic Expert services. Right before joining Republic Expert services, Levy invested 13 yrs at Bain & Firm and served as a spouse from 2008-2014. Levy will take about for Jeffrey Lawrence, who is retiring from Domino’s after much more than 20 yrs at the organization.

Ajay Vashee stepped down as CFO at Dropbox after much more than eight yrs at the organization. Tim Regan, who was the company’s main accounting officer, turned the company’s new CFO. Regan has labored at Dropbox for nearly four yrs. He has about two many years of practical experience in finance right before Dropbox, from his job 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 stay with the organization. In December, Louden claimed he was stepping down once his alternative was uncovered. He planned to return house to the Seattle region with his family after assisting in the transition. Roku claimed that Louden will carry on to provide as its CFO although doing work remotely in Seattle, and they have ended the research for his successor.

Cisco finance main Kelly Kramer introduced her retirement after 5 yrs in the situation. Kramer joined the laptop or computer networking devices maker in 2012 as senior vice president of company finance and turned senior vice president of company engineering and operations finance right before getting named CFO in 2015. Right before Cisco, Kramer was CFO of GE Healthcare’s Health care Devices company.

September 2020

Jamere Jackson turned the new finance main at AutoZone after stepping down as CFO at Hertz. Bill Giles, the company’s present CFO, will retire at the finish of December 2020 after fourteen yrs in the job. Right before joining Hertz, Jackson served as main money officer at Nielsen Holdings.

Jeff Wallace is the new CFO at USAA. Wallace joins the organization from Financial institution of The united states, where by he was most a short while ago main money officer of the shopper banking and world wide prosperity and expenditure management company. Previously in his profession, he held money leadership roles at Wachovia Securities, Deutsche Financial institution, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring after much more than 19 yrs at the organization.

McAfee appointed Venkat Bhamidipati main money officer. Bhamidipati joined the cybersecurity organization from healthcare organization Providence, where by he was CFO. Right before that, he invested 13 yrs at Microsoft, where by he held numerous govt positions, including CFO of the around the globe organization team, CFO of the around the globe operations and engineering team, and running director for company progress and advancement approach.

Gina Goetter was named finance main at Harley-Davidson. Most a short while ago, she served as CFO at Tyson Foods’s prepared food items phase, where by she led the reinvention of the segment’s company model to stabilize cash circulation and appropriate-size the charge structure. Right before Tyson, Goetter held various world wide leadership positions at Standard Mills, where by she led company model re-engineering and optimized procurement techniques and logistics. She will take about for interim CFO Darrell Thomas, who will carry on as vice president and treasurer.

October 2020

John Lawler took about as CFO at Ford. Lawler has most a short while ago been serving as CEO of Ford Autonomous Cars and vice president of mobility partnerships. He has invested considerably of his 30 yrs at Ford in finance leadership and normal management. Lawler served as president of Ford China for nearly four yrs when the organization obtained document in-country efficiency. He also served as company controller and CFO, world wide markets, and head of around the globe approach. Lawler took about for Tim Stone, who still left the organization to turn into CFO and main working officer at software program organization ASAPP.

Hertz promoted Kenny Cheung to CFO to replace R. Eric Esper, who resigned after small much more than a thirty day period in the situation. Esper joined United Organic 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 a short while ago govt 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 Concentrate on, where by she was most a short while ago senior vice president of money preparing and examination. Right before that, she invested 18 yrs at healthcare supplies organization Patterson Corporations, including four yrs as govt vice president and main money officer. Gugino will take about 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) where by he was a running director and spouse in the electronic BCG and shopper practices. Right before joining BCG, Mitchell had broad-ranging retail activities. Mitchell took about for interim CFO Felicia Williams. Williams was named interim CFO in May after main money officer Paula Rate introduced she was leaving the retailer after much less than two yrs in the job.

Nasdaq promoted Ann Dennison to CFO. Dennison, who is presently senior vice president, controller, and main accounting officer, will acquire about as main money officer on March 1, 2021. Dennison has been with Nasdaq for 5 yrs and has much more than 20 yrs of practical experience in money reporting and examination. Right before joining Nasdaq, Dennison labored at Goldman Sachs as running director, head of money reporting. She will take about for Michael Ptasznik, who will retire on February 28.

Tapestry, the mum or dad organization of Coach, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as main govt officer. Crevoiserat, who turned CFO in August 2019, took about as interim CEO in July. She joined the organization from Abercrombie & Fitch, where by she was employed as main money officer.

November 2020

Stanley Sutula is the new finance main at Colgate-Palmolive. Sutula has served as govt vice president and main money officer at Pitney Bowes considering that February 2017 and previously invested 28 yrs at IBM. His tenure at IBM involved money management roles of rising duty, culminating in service as IBM’s vice president and controller. Sutula will take about for Henning Jakobsen, who will think the job of senior vice president until finally his retirement on December 31.

Worldwide Automotive Parts (IAC) finance main David Prystash will turn into its future CEO and a member of the company’s board of administrators, effective January 1, 2021. Right before joining IAC in November 2018, Prystash held leadership positions at Standard Motors, including vice president and CFO of world wide product or service progress, obtaining, and source 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, effective April 1. Right before serving as CFO at WarnerMedia, Desroches was main money officer at Turner and world wide controller at Time Warner. Desroches will take about for John Stephens, who will retire in March after 28 yrs with the organization and nine yrs as CFO.

Lululemon promoted Meghan Frank to main money officer. Frank joined Lululemon in 2016 as senior vice president of money preparing and examination and, considering that April, has served as interim co-CFO, along with Alex Grieve, vice president, controller for the organization. She previously 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, effective December 7. Alt most a short while ago served as main money officer at retailer Sally Natural beauty Holdings and president of Sally Natural beauty Provide. Alt’s practical experience also incorporates govt leadership roles in finance, operations, and grocery transformation at Concentrate on. Alt replaces Joel Quality, who will think the freshly produced job of govt vice president of company progress.

December 2020

Cisco named R. Scott Herren finance main. Considering that November 2014, Herren served as CFO and senior vice president at layout and engineering software program organization Autodesk. At Autodesk, he aided the organization rework its company model from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring after nine yrs at the organization.

Amy Weaver was named president and CFO at Salesforce. Weaver, a present president and main lawful officer at the organization, will acquire about for finance main Mark Hawkin on February 1. Hawkin, who is retiring on January 31, will transition to an advisory job as CFO emeritus by way of October 2021. Right before joining Salesforce, Weaver was govt vice president and normal counsel at Univar.

Money One promoted Andrew Younger to finance main, effective March 1. Younger has served as senior vice president and company line CFO at the organization considering that April 2018. He has also served as the main money officer of Money One, N.A., the most significant of the company’s two national lender subsidiaries, considering that July 2018. He will take about for R. Scott Blackley, who is leaving the organization to turn into CFO at coverage startup Oscar Well being Insurance policies.

Procter & Gamble promoted Andre Schulten to finance main, effective March 1. Schulten, who joined the organization in 1996, is presently senior vice president of toddler care in North The united states. Previously in his profession, Schulten held other roles, including senior vice president of finance and accounting in West Europe and for P&G’s world wide family care, toddler care, and female care organizations. He succeeds very long-time CFO Jon Moeller, who will keep his job as vice chairman and main working officer.

Coty promoted Laurent Mercier to main money officer, effective February 15. Mercier, who is presently the magnificence company’s deputy CFO, joined Coty as CFO of its luxurious division in 2017. He previously invested 20 yrs at world wide food items and beverage large 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.

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