2020 CFO Departures and Arrivals

CFOs this yr performed a crucial position in navigating their providers by means of a

CFOs this yr performed a crucial position in navigating their providers by means of a global economic disaster. The escalating stress intensified the highlight on finance chiefs, and numerous CFOs still left their posts over the very last 12 months. Some joined new providers, others pursued new options. Their locations ended up taken, in some scenarios, by executives promoted to the leading finance location. The following ended up some of the more notable CFO departures (and arrivals) of the past 12 months.

January 2020

Luis Visoso was named finance chief of Amazon Net Services (AWS). Visoso, who has headed finance for Amazon’s all over the world client section considering the fact that 2018, joined the business from Cisco where he was senior vice president of enterprise, technology, and financial operations. Right before to that he spent 23 yrs at Procter & Gamble. Visoso usually takes over for Sean Boyle who has transitioned to the position of vice president at AWS.

Deepak Ahuja

Verily, the wellness and lifestyle sciences device of Google guardian business Alphabet, named Deepak Ahuja as chief financial officer. Deepak was CFO for Tesla from 2008 to 2015, then once more from February 2017 until he retired in 2019. Prior to Tesla, he was at Ford Motor Organization as a finance government in a variety of roles, which include CFO for Ford Southern Africa and CFO of AutoAlliance International.

Video clip system Vimeo appointed Narayan Menon as CFO. Right before becoming a member of Vimeo, Menon served as chief financial officer at cloud-based presentation system Prezi. His former leadership roles incorporate 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-services giant’s chief financial officer. Ondrof formerly served as CFO with foodservice distributor Functionality Foodstuff Group. Prior to that, Ondrof spent 24 yrs at Compass Group North The us, where he served in a wide variety of financial and enterprise progress leadership roles.

February 2020

Linda Zukauckas joined Nielsen Holdings as chief financial officer on February three. Zukauckas begun doing work at American Categorical in 2011, most recently serving as the government vice president and deputy chief financial officer. Prior to American Categorical, Zukauckas held a variety of senior leadership roles at Ally Financial. She serves on the board of MTS Units, where she is on the audit and the governance and nominating committees.

Northrop Grumman named veteran finance government David Keffer as its new CFO, changing Kenneth Bedingfield. Keffer has most recently been a typical associate at investment company Blue Delta Money Associates after formerly serving as CFO at CSRA and its predecessor business SRA International.

Private label packaged food items business TreeHouse Foods named William Kelley Jr. as chief financial officer. Kelley formerly 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 becoming a member of TreeHouse, he was head of global audit for Kraft Heinz. Right before that, he was company controller and chief accounting officer at Hillshire Models.

Melissa Thomas

Groupon’s interim chief financial officer, Melissa Thomas, assumed the position forever. 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 at this time also serves as the company’s chief accounting officer and treasurer.

Matthew Pal, Nike’s CFO of operating segments and vice president of trader relations, took over as business CFO. Pal joined the athletic apparel retail giant in 2009, doing work on company system and progress in advance of staying appointed CFO of rising markets in 2011. He has served as CFO of global classes, merchandise and capabilities CFO of global makes and capabilities and CFO of the Nike model. He succeeds CFO Andy Campion, who transitioned to the position of chief operating officer.

March 2020

Toy company MGA Amusement (MGAE) promoted Martin Elliott to chief financial officer. Elliott joined MGAE in 2015 as vice president of financial planning and investigation. Elliott was the senior director of system at Mattel and the director of finance at The Walt Disney Organization in advance of becoming a member of MGAE.

Michael Crotty was named Showtime Networks’ new chief financial officer. Crotty will also have oversight of Wager Networks’ finance group. Crotty returns to the amusement business after serving as CFO of media system The Players’ Tribune considering the fact that 2016. Crotty formerly served as senior vice president of affiliate income and enterprise operations for Showtime Networks.

Fidelity Investments named Maggie Serravalli as chief financial officer. Serravalli was most recently government vice president at the company’s health care group. Serravalli joined Fidelity in 2007 from JPMorgan Chase where she served as handling director for 7 yrs.

Adrianne Lee was named finance chief at Overstock. Lee joined Overstock from Hertz where she was CFO of the company’s $7 billion North American Rental Vehicle device. Right before becoming a member of Hertz, Lee led financial planning and investigation for Very best Buy’s multi-billion-dollar e-commerce enterprise. She formerly held many roles in finance, strategic planning, accounting and financial reporting, trader relations, and audit at PepsiCo, Allianz Existence, and PricewaterhouseCoopers.

April 2020  

Delta CFO Paul Jacobson rescinded his retirement, which he announced in February. CEO Ed Bastian asked Jacobson to rethink his selection to retire when the provider navigates even though the devastating effects that the coronavirus pandemic has had on air travel. Jacobson joined the business in 1997 as a financial analyst and was named CFO in 2012.

Anheuser-Busch InBev’s longtime CFO, Felipe Dutra, stepped down. Dutra was changed by Fernando Tennenbaum. A fifteen-yr veteran of the business, Tennenbaum most recently served as vice president AB InBev’s South The us division as very well as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also be part of the company’s government committee.

United states of america These days guardian Gannett appointed Douglas Horne as chief financial officer. Horne most recently served as global controller for The We Organization, which consists of place of work-sharing startup WeWork. Right before that, he spent eight yrs at Warner Media, most recently as senior vice president and controller. Right before becoming a member of Warner, he served as deputy chief financial officer and chief accounting officer at AOL. Horne succeeds Alison “Ali” Engel, who stepped down at the end of the 1st quarter.

Retailer Ted Baker named Rachel Osborne as chief government officer. Osborne joined the business as chief financial officer in November 2019 in advance of staying appointed acting chief government officer in December 2019. She joined Ted Baker from Debenhams, where she had labored as CFO. She was formerly chief financial officer at Domino’s Pizza, finance director of group business at Vodafone, and finance and system director at John Lewis.

May possibly 2020

Gustavo Arnal was appointed CFO at Bed Bath & Further than. Arnal joined the retailer from Avon, where he was group chief financial officer. Right before that, he was CFO of international divisions and global capabilities at Walgreens Boots Alliance. He has formerly served in senior positions at Procter & Gamble, which include CFO of India, Middle East, and Africa, CFO global cloth and household treatment, and CFO global particular splendor. Arnal succeeds Robyn D’Elia, who is leaving the business.

Adam Townsend

Adam Townsend is the new finance chief at Vizio. Right before becoming a member of the client-electronics model, Townsend served as chief financial officer at Showtime Networks. Right before that, he held numerous roles at CBS, which include government vice president of company finance and trader relations. He also performed key roles in CBS’s outdoor promoting enterprise and CBS Radio. Townsend usually takes over for chief operating officer Ben Wong, who had been handling chief financial officer responsibilities.

Medical gear company BVI named David Murray as chief financial officer. Most recently, Murray served as CFO of Alcon AG until its $thirty billion spin-off from Novartis Group AG in 2019. In the course of his 19 yrs with Novartis, he also served as CFO for its vaccines and diagnostics division, as very well as many other senior finance leadership roles within just the Pharma division. Right before Novartis, he held senior leadership roles at Standard Motors, Swiss Lender Corp, and British Petroleum.

Tyler Sloat was named chief financial officer at Freshworks. Right before becoming a member of the shopper engagement software business, Sloat was CFO at membership payments business Zuora where he guided the start-up by means of its IPO. Right before that, he held government finance roles at a wide variety of providers which include NetApp and Siebel Units.

June 2020

Biotechnology business Moderna named David Meline as chief financial officer. Meline joined Moderna from Amgen, where he was CFO from 2014 by means of 2019. Right before Amgen, he spent 6 yrs at 3M Organization, where he most recently served as finance chief. Earlier, Meline held leadership positions at Standard Motors, which include CFO for GM North The us.

Todd McElhatton took over as finance chief at cloud-based system Zuora on June 22. McElhatton was most recently chief financial officer at SAP Cloud Organization Group. Right before that, he was the CFO for SAP North The us. Right before becoming a member of SAP, he held numerous senior finance leadership roles, which include as CFO at VMware’s Hybrid Cloud Organization, CFO at Oracle’s Cloud Services, and CFO at Hewlett Packard Managed Services Organization.

Brian DelGhiaccio was promoted to finance chief at waste assortment business Republic Services. DelGhiaccio, who was most recently government vice president and chief transformation officer, joined Republic Services in 1998 and has considering the fact that held roles of escalating duty throughout the finance organization. He also potential customers the facts technology, cybersecurity, and info management departments. DelGhiaccio succeeds Charles Serianni, who will retire on June 1, 2021.

Former Household Depot CFO Carol Tomé turned chief government officer at UPS. Tomé, who spent eighteen yrs as the household improvement company’s CFO, is the 1st exterior CEO retain the services of in UPS’ 112-yr record. Tomé begun her occupation as a industrial financial institution with United Lender of Denver and then was director of banking for the Johns-Manville Company. Right before becoming a member of Household Depot, Carol was vice president and treasurer of Riverwood International Company.

Anthony DiSilvestro was hired as the new CFO at Mattel. From 2014 to 2019, DiSilvestro served as CFO at Campbell Soup Organization. He joined Campbell’s in 1996 and has held a variety of financial leadership roles, which include senior vice president of finance, treasurer, controller, chief financial officer of the company’s North The us and international divisions, and head of strategic planning and company progress. DiSilvestro usually takes over for Joseph Euteneuer, who is leaving the business.

July 2020  

Monish Patolawala was hired as CFO at 3M. Patolawala most recently labored at GE Healthcare, where he has served as chief financial officer of the somewhere around $seventeen billion enterprise considering the fact that 2015. Patolawala joined GE in 1994, taking leadership roles of escalating duty. Patolawala succeeds Nick Gangestad, who is retired.

Murray Auchincloss, CFO of BP’s Upstream section, turned chief financial officer at oil and fuel business BP on July 1. Auchincloss turned CFO for BP’s Upstream section in 2015 after two yrs as Upstream deputy CFO and head of enterprise progress. Auchincloss succeeds Brian Gilvary who will retire on June thirty. Gilvary has had a 34-yr occupation with BP, which include over eight yrs as CFO.

T-Cellular promoted Peter Osvaldik to chief financial officer. Osvaldik, who was most recently senior vice president of finance and chief accounting officer, joined the business in 2016 as vice president of external reporting and technological accounting. Right before T-Cellular, Osvaldik held chief accounting officer, controller, and management roles at Outerwall, Coinstar, and PricewaterhouseCoopers.

Debi Chirichella

Hearst named Debi Chirichella as interim president of its journal group. Chirichella has been the journal group’s finance chief considering the fact that 2011. Right before becoming a member of Hearst, Chirichella spent 7 yrs at rival Condé Nast, where she served in many government positions, which include chief operating officer at Condé Nast Digital, COO of the Fairchild Trend Group, and CFO at Condé Nast Publications.

August 2020

Kristina Salen was appointed finance chief at Planet Wrestling Amusement (WWE). Salen served as the 1st CFO of online marketplace Etsy, where she grew the enterprise from $895 million in gross profits to $three billion in 4 yrs 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 global media and telecom funds with Fidelity Investments.

Domino’s Pizza promoted Stu Levy to chief financial officer. Levy, who was most recently government vice president of provide chain services, joined the pizza chain in 2019 after serving as government vice president and chief transformation officer at Republic Services. Right before becoming a member of Republic Services, Levy spent 13 yrs at Bain & Organization and served as a associate from 2008-2014. Levy usually takes over for Jeffrey Lawrence, who is retiring from Domino’s after more than twenty yrs at the business.

Ajay Vashee stepped down as CFO at Dropbox after more than eight yrs at the business. Tim Regan, who was the company’s chief accounting officer, turned the company’s new CFO. Regan has labored at Dropbox for practically 4 yrs. He has over two many years of knowledge 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 Young.

Roku chief financial officer Steve Louden made the decision to keep with the business. In December, Louden reported he was stepping down when his alternative was observed. He prepared to return household to the Seattle space with his spouse and children after aiding in the transition. Roku reported that Louden will continue on to provide as its CFO when doing work remotely in Seattle, and they have finished the lookup for his successor.

Cisco finance chief Kelly Kramer announced her retirement after 5 yrs in the posture. Kramer joined the laptop or computer networking gear maker in 2012 as senior vice president of company finance and turned senior vice president of enterprise technology and operations finance in advance of staying named CFO in 2015. Right before Cisco, Kramer was CFO of GE Healthcare’s Healthcare Units enterprise.

September 2020

Jamere Jackson turned the new finance chief at AutoZone after stepping down as CFO at Hertz. Invoice Giles, the company’s current CFO, will retire at the end of December 2020 after fourteen yrs in the position. Right before becoming a member of Hertz, Jackson served as chief financial officer at Nielsen Holdings.

Jeff Wallace is the new CFO at USAA. Wallace joins the business from Lender of The us, where he was most recently chief financial officer of the client banking and global wealth and investment management enterprise. Previously in his occupation, he held financial leadership roles at Wachovia Securities, Deutsche Lender, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring after more than 19 yrs at the business.

McAfee appointed Venkat Bhamidipati chief financial officer. Bhamidipati joined the cybersecurity business from health care business Providence, where he was CFO. Right before that, he spent 13 yrs at Microsoft, where he held many government positions, which include CFO of the all over the world business group, CFO of the all over the world operations and technology group, and handling director for enterprise progress and advancement system.

Gina Goetter was named finance chief at Harley-Davidson. Most recently, she served as CFO at Tyson Foods’s organized meals section, where she led the reinvention of the segment’s enterprise model to stabilize dollars flow and right-size the price composition. Right before Tyson, Goetter held a variety of global leadership positions at Standard Mills, where she led enterprise model re-engineering and optimized procurement procedures and logistics. She usually takes over for interim CFO Darrell Thomas, who will continue on as vice president and treasurer.

October 2020

John Lawler took over as CFO at Ford. Lawler has most recently been serving as CEO of Ford Autonomous Autos and vice president of mobility partnerships. He has spent a great deal of his thirty yrs at Ford in finance leadership and typical management. Lawler served as president of Ford China for practically 4 yrs when the business obtained report in-region effectiveness. He also served as company controller and CFO, global markets, and head of all over the world system. Lawler took over for Tim Stone, who still left the business to become CFO and chief operating officer at software business ASAPP.

Hertz promoted Kenny Cheung to CFO to replace R. Eric Esper, who resigned after minimal more than a month in the posture. Esper joined United Natural Foods as accounting officer and controller, according to a regulatory submitting. Esper was promoted to CFO from chief accounting officer when Jamere Jackson resigned from Hertz in August. Cheung was most recently government vice president of finance, chief operational finance, and restructuring officer.

Papa John’s appointed Ann Gugino chief financial officer. Gugino joins the pizza chain from Target, where she was most recently senior vice president of financial planning and investigation. Right before that, she spent eighteen yrs at health-related materials business Patterson Businesses, which include 4 yrs as government vice president and chief financial officer. Gugino usually takes over for Steve Coke, who has been serving as interim principal financial and accounting officer.

Adrian Mitchell

Adrian Mitchell was named Macy’s new finance chief. Mitchell joined the retailer from Boston Consulting Group (BCG) where he was a handling director and associate in the electronic BCG and client methods. Right before becoming a member of BCG, Mitchell had large-ranging retail activities. Mitchell took over for interim CFO Felicia Williams. Williams was named interim CFO in May possibly after chief financial officer Paula Price announced she was leaving the retailer after less than two yrs in the position.

Nasdaq promoted Ann Dennison to CFO. Dennison, who is at this time senior vice president, controller, and chief accounting officer, will take over as chief financial officer on March 1, 2021. Dennison has been with Nasdaq for 5 yrs and has more than twenty yrs of knowledge in financial reporting and investigation. Right before becoming a member of Nasdaq, Dennison labored at Goldman Sachs as handling director, head of financial reporting. She usually takes over for Michael Ptasznik, who will retire on February 28.

Tapestry, the guardian business of Coach, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as chief government officer. Crevoiserat, who turned CFO in August 2019, took over as interim CEO in July. She joined the business from Abercrombie & Fitch, where she was hired as chief financial officer.

November 2020

Stanley Sutula is the new finance chief at Colgate-Palmolive. Sutula has served as government vice president and chief financial officer at Pitney Bowes considering the fact that February 2017 and formerly spent 28 yrs at IBM. His tenure at IBM integrated financial management roles of escalating duty, culminating in support as IBM’s vice president and controller. Sutula usually takes over for Henning Jakobsen, who will suppose the position of senior vice president until his retirement on December 31.

International Automotive Parts (IAC) finance chief David Prystash will become its subsequent CEO and a member of the company’s board of directors, helpful January 1, 2021. Right before becoming a member of IAC in November 2018, Prystash held leadership positions at Standard Motors, which include vice president and CFO of global merchandise progress, obtaining, and provide chain. Kevin Graham, who is vice president of finance, will become CFO.

WarnerMedia CFO Pascal Desroches has been named the new finance chief at AT&T, helpful April 1. Right before serving as CFO at WarnerMedia, Desroches was chief financial officer at Turner and global controller at Time Warner. Desroches usually takes over for John Stephens, who will retire in March after 28 yrs with the business and 9 yrs as CFO.

Lululemon promoted Meghan Frank to chief financial officer. Frank joined Lululemon in 2016 as senior vice president of financial planning and investigation and, considering the fact that April, has served as interim co-CFO, alongside with Alex Grieve, vice president, controller for the business. She formerly held senior roles at Ross Merchants and J.Crew, where she served for practically a 10 years.

Sysco named Aaron Alt as the foodservice distribution company’s new CFO, helpful December 7. Alt most recently served as chief financial officer at retailer Sally Natural beauty Holdings and president of Sally Natural beauty Source. Alt’s knowledge also consists of government leadership roles in finance, operations, and grocery transformation at Target. Alt replaces Joel Quality, who will suppose the recently created position of government vice president of enterprise progress.

December 2020

Cisco named R. Scott Herren finance chief. Due to the fact November 2014, Herren served as CFO and senior vice president at design and engineering software business Autodesk. At Autodesk, he assisted the business change its enterprise model from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring after 9 yrs at the business.

Amy Weaver was named president and CFO at Salesforce. Weaver, a current president and chief legal officer at the business, will take over for finance chief Mark Hawkin on February 1. Hawkin, who is retiring on January 31, will transition to an advisory position as CFO emeritus by means of October 2021. Right before becoming a member of Salesforce, Weaver was government vice president and typical counsel at Univar.

Money 1 promoted Andrew Young to finance chief, helpful March 1. Young has served as senior vice president and enterprise line CFO at the business considering the fact that April 2018. He has also served as the chief financial officer of Money 1, N.A., the premier of the company’s two countrywide financial institution subsidiaries, considering the fact that July 2018. He usually takes over for R. Scott Blackley, who is leaving the business to become CFO at insurance policies startup Oscar Well being Coverage.

Procter & Gamble promoted Andre Schulten to finance chief, helpful March 1. Schulten, who joined the business in 1996, is at this time senior vice president of little one treatment in North The us. Previously in his occupation, Schulten held other roles, which include senior vice president of finance and accounting in West Europe and for P&G’s global spouse and children treatment, little one treatment, and feminine treatment enterprises. He succeeds extended-time CFO Jon Moeller, who will retain his position as vice chairman and chief operating officer.

Coty promoted Laurent Mercier to chief financial officer, helpful February fifteen. Mercier, who is at this time the splendor company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He formerly spent twenty yrs at global food items and beverage giant Danone, where he held many leadership roles. He succeeds Pierre-André Terisse, with whom he has labored intently at each Coty and throughout their former roles at Danone.

professions, CFOs on the Transfer, Cisco, company finance, Ford, Macys, Moderna