CFOs On the Move: Week Ending February 5
Robert Davis
Merck’s main economic officer, Robert Davis, will choose in excess of as the pharma company’s CEO. Davis joined the company as CFO in 2014. Before Merck, he worked for Baxter Intercontinental, in which he was company vice president and president of clinical products and solutions. He held various other positions through his tenure at Baxter which includes president of its renal business enterprise, main economic officer, and treasurer. Before that, he worked at Eli Lilly & Company. Davis requires in excess of for chairman and CEO Kenneth Frazier, who has been main government because 2011. Frazier will retire on June 30 and will proceed to serve on Merck’s board of directors as government chairman for a transition time period.
Nupur Sadiwala
Buyer-loyalty and retail-rewards app Fetch Benefits employed Nupur Sadiwala as main economic officer. Sadiwala was most not too long ago CFO at Reebonz, Asia’s major luxurious e-commerce platform. Before that, she was a vice president in the financial investment banking team at Goldman Sachs. There, she was an advisor on in excess of $seven billion of acquire-side and market-side M&A transactions across North The united states and Southeast Asia.
Stuart Burgdoerfer is retiring from his roles as CFO of L Models and interim CEO of Victoria’s Top secret business enterprise. Martin Waters, now CEO of Victoria’s Top secret Lingerie, has been promoted to CEO of Victoria’s Top secret business enterprise. Burgdoerfer will continue to be at the retailer as CFO by way of August 2021 even though the company appears to be for his successor.
Pash Nangia
Pash Nangia has joined Royal Cup Espresso & Tea as its new main economic officer. Nangia was most not too long ago CFO at cheerleading company Varsity Spirit. Before that, Nangia was vice president of finance and data know-how at maker Ametek. Earlier in his job, he worked at Cummins for practically twenty decades in various finance management roles. Nangia succeeds Chip Wann, who was promoted to president and main government officer in February 2020 from the purpose of main working officer and performing CFO.
The Children’s Place promoted Robert Helm to finance main. Helm joined the retailer in 2016 and was most not too long ago senior vice president of finance and stock administration. Earlier in his job, he held senior finance and accounting roles at Ralph Lauren, New Direct, and Rag & Bone. Helm requires in excess of for Michael Scarpa, who will retire at the finish of March.
Ken Rizvi
Clever Worldwide Holdings appointed Ken Rizvi as CFO. Rizvi joins the specialty memory and storage company from semiconductor company UTAC Holdings, in which he was finance main. Before that, he was CFO at Isola Group and served as vice president of finance and treasurer at Micron Technologies. Current main economic officer, Jack Pacheco, will proceed in his roles as main working officer of SGH and president of Clever Modular Technologies.
Digital media company RealNetworks employed Christine Chambers as CFO. Chambers will be rejoining RealNetworks, owning worked in different finance roles at the company for practically a decade, most not too long ago as vice president of finance. She has been vice president of finance at Rosetta Stone because 2018. Chambers replaces Judd Lee, who leaves the company in March.
Santiago Rubio
Santiago Rubio was promoted to finance main at Notion Monetary. Santiago Rubio joined the lending company in October 2017 as a economic planner. Santiago started his job in the auto lending market, working at GM Monetary, in which he held different roles inside of the auto finance captive’s operations.
Virta Overall health appointed Alok Bhushan as main economic officer. Bhushan joins the diabetic issues procedure company from cosmetics company Charlotte Tilbury Magnificence, in which he served as CFO. Before that, Bhushan was a member of the government team at electronic awareness search company Yext for practically a decade. He served to improve Yext from an early-stage startup by way of its IPO.