CFOs this 12 months played a critical role in navigating their organizations by way of a global financial crisis. The rising tension intensified the spotlight on finance chiefs, and numerous CFOs still left their posts over the last twelve months. Some joined new organizations, some others pursued new options. Their destinations were being taken, in some scenarios, by executives promoted to the top finance place. The next were being some of the extra notable CFO departures (and arrivals) of the earlier twelve months.
January 2020
Luis Visoso was named finance main of Amazon World-wide-web Expert services (AWS). Visoso, who has headed finance for Amazon’s around the world customer section given that 2018, joined the firm from Cisco where by he was senior vice president of business, technological know-how, and economic operations. Ahead of to that he spent 23 decades at Procter & Gamble. Visoso usually takes over for Sean Boyle who has transitioned to the role of vice president at AWS.
Deepak Ahuja
Verily, the wellness and lifetime sciences unit of Google mother or father firm Alphabet, named Deepak Ahuja as main economic officer. Deepak was CFO for Tesla from 2008 to 2015, then all over again from February 2017 right up until he retired in 2019. Prior to Tesla, he was at Ford Motor Company as a finance govt in different roles, including CFO for Ford Southern Africa and CFO of AutoAlliance Global.
Video platform Vimeo appointed Narayan Menon as CFO. Ahead of signing up for Vimeo, Menon served as main economic officer at cloud-based presentation platform Prezi. His previous management roles involve corporate vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.
Thomas Ondrof joined Aramark as the food- and uniform-solutions giant’s main economic officer. Ondrof earlier served as CFO with foodservice distributor Efficiency Meals Team. Prior to that, Ondrof spent 24 decades at Compass Team North The usa, where by he served in a range of economic and business progress management roles.
February 2020
Linda Zukauckas joined Nielsen Holdings as main economic officer on February three. Zukauckas started out operating at American Express in 2011, most not long ago serving as the govt vice president and deputy main economic officer. Prior to American Express, Zukauckas held different senior management roles at Ally Financial. She serves on the board of MTS Systems, 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 not long ago been a standard companion at expenditure company Blue Delta Money Associates just after earlier serving as CFO at CSRA and its predecessor firm SRA Global.
Personal label packaged food firm TreeHouse Foods named William Kelley Jr. as main economic officer. Kelley earlier served as interim CFO. Kelley joined TreeHouse in 2016 as corporate controller and was promoted to senior vice president, corporate and operations finance in 2018. Prior to signing up for TreeHouse, he was head of global audit for Kraft Heinz. Ahead of that, he was corporate controller and main accounting officer at Hillshire Models.
Melissa Thomas
Groupon’s interim main economic officer, Melissa Thomas, assumed the role permanently. Thomas joined the e-commerce marketplace in 2017 as vice president of commercial finance and has served as interim CFO given that August 2019. She currently also serves as the company’s main accounting officer and treasurer.
Matthew Close friend, Nike’s CFO of working segments and vice president of trader relations, took over as firm CFO. Close friend joined the athletic clothing retail big in 2009, operating on corporate method and progress just before getting appointed CFO of rising markets in 2011. He has served as CFO of global categories, product or service and functions CFO of global brands and functions and CFO of the Nike manufacturer. He succeeds CFO Andy Campion, who transitioned to the role of main working officer.
March 2020
Toy producer MGA Enjoyment (MGAE) promoted Martin Elliott to main economic officer. Elliott joined MGAE in 2015 as vice president of economic scheduling and examination. Elliott was the senior director of method at Mattel and the director of finance at The Walt Disney Company just before signing up for MGAE.
Michael Crotty was named Showtime Networks’ new main economic officer. Crotty will also have oversight of Wager Networks’ finance workforce. Crotty returns to the entertainment firm just after serving as CFO of media platform The Players’ Tribune given that 2016. Crotty earlier served as senior vice president of affiliate revenue and business operations for Showtime Networks.
Fidelity Investments named Maggie Serravalli as main economic officer. Serravalli was most not long ago govt vice president at the company’s health care team. Serravalli joined Fidelity in 2007 from JPMorgan Chase where by she served as running director for seven decades.
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 Vehicle unit. Ahead of signing up for Hertz, Lee led economic scheduling and examination for Finest Buy’s multi-billion-greenback e-commerce business. She earlier held various roles in finance, strategic scheduling, accounting and economic reporting, trader relations, and audit at PepsiCo, Allianz Lifetime, and PricewaterhouseCoopers.
April 2020
Delta CFO Paul Jacobson rescinded his retirement, which he declared in February. CEO Ed Bastian questioned Jacobson to rethink his determination to retire when the carrier navigates although the devastating effects that the coronavirus pandemic has experienced on air vacation. Jacobson joined the firm in 1997 as a economic analyst and was named CFO in 2012.
Anheuser-Busch InBev’s longtime CFO, Felipe Dutra, stepped down. Dutra was changed by Fernando Tennenbaum. A 15-12 months veteran of the firm, Tennenbaum most not long ago served as vice president AB InBev’s South The usa division as well as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also join the company’s govt committee.
United states of america Today mother or father Gannett appointed Douglas Horne as main economic officer. Horne most not long ago served as global controller for The We Company, which consists of place of work-sharing startup WeWork. Ahead of that, he spent 8 decades at Warner Media, most not long ago as senior vice president and controller. Ahead of signing up for Warner, he served as deputy main economic officer and main accounting officer at AOL. Horne succeeds Alison “Ali” Engel, who stepped down at the close of the initially quarter.
Retailer Ted Baker named Rachel Osborne as main govt officer. Osborne joined the firm as main economic officer in November 2019 just before getting appointed acting main govt officer in December 2019. She joined Ted Baker from Debenhams, where by she experienced labored as CFO. She was earlier main economic officer at Domino’s Pizza, finance director of team organization at Vodafone, and finance and method director at John Lewis.
May perhaps 2020
Gustavo Arnal was appointed CFO at Bed Bathtub & Outside of. Arnal joined the retailer from Avon, where by he was team main economic officer. Ahead of that, he was CFO of global divisions and global functions at Walgreens Boots Alliance. He has earlier served in senior positions at Procter & Gamble, including CFO of India, Middle East, and Africa, CFO global fabric and dwelling care, and CFO global personal elegance. Arnal succeeds Robyn D’Elia, who is leaving the firm.
Adam Townsend
Adam Townsend is the new finance main at Vizio. Ahead of signing up for the customer-electronics manufacturer, Townsend served as main economic officer at Showtime Networks. Ahead of that, he held multiple roles at CBS, including govt vice president of corporate finance and trader relations. He also played vital roles in CBS’s outdoor promoting business and CBS Radio. Townsend usually takes over for main working officer Ben Wong, who experienced been dealing with main economic officer responsibilities.
Professional medical devices producer BVI named David Murray as main economic officer. Most not long ago, Murray served as CFO of Alcon AG right up until its $30 billion spin-off from Novartis Team AG in 2019. In the course of his 19 decades with Novartis, he also served as CFO for its vaccines and diagnostics division, as well as various other senior finance management roles in the Pharma division. Ahead of Novartis, he held senior management roles at Typical Motors, Swiss Financial institution Corp, and British Petroleum.
Tyler Sloat was named main economic officer at Freshworks. Ahead of signing up for the consumer engagement software firm, Sloat was CFO at membership payments firm Zuora where by he guided the start off-up by way of its IPO. Ahead of that, he held govt finance roles at a range of organizations including NetApp and Siebel Systems.
June 2020
Biotechnology firm Moderna named David Meline as main economic officer. Meline joined Moderna from Amgen, where by he was CFO from 2014 by way of 2019. Ahead of Amgen, he spent six decades at 3M Company, where by he most not long ago served as finance main. Previously, Meline held management positions at Typical Motors, including CFO for GM North The usa.
Todd McElhatton took over as finance main at cloud-based platform Zuora on June 22. McElhatton was most not long ago main economic officer at SAP Cloud Enterprise Team. Ahead of that, he was the CFO for SAP North The usa. Ahead of signing up for SAP, he held multiple senior finance management 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 assortment firm Republic Expert services. DelGhiaccio, who was most not long ago govt vice president and main transformation officer, joined Republic Expert services in 1998 and has given that held roles of rising accountability throughout the finance corporation. He also qualified prospects the information technological know-how, cybersecurity, and details management departments. DelGhiaccio succeeds Charles Serianni, who will retire on June one, 2021.
Previous Property Depot CFO Carol Tomé turned main govt officer at UPS. Tomé, who spent eighteen decades as the dwelling advancement company’s CFO, is the initially outside CEO employ in UPS’ 112-12 months record. Tomé started out her occupation as a commercial financial institution with United Financial institution of Denver and then was director of banking for the Johns-Manville Company. Ahead of signing up for Property Depot, Carol was vice president and treasurer of Riverwood Global 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 different economic management roles, including senior vice president of finance, treasurer, controller, main economic officer of the company’s North The usa and global divisions, and head of strategic scheduling and corporate progress. DiSilvestro usually takes over for Joseph Euteneuer, who is leaving the firm.
July 2020
Monish Patolawala was hired as CFO at 3M. Patolawala most not long ago labored at GE Health care, where by he has served as main economic officer of the roughly $seventeen billion business given that 2015. Patolawala joined GE in 1994, having management roles of rising accountability. Patolawala succeeds Nick Gangestad, who is retired.
Murray Auchincloss, CFO of BP’s Upstream section, turned main economic officer at oil and gasoline firm BP on July one. Auchincloss turned CFO for BP’s Upstream section in 2015 just after two decades as Upstream deputy CFO and head of business progress. Auchincloss succeeds Brian Gilvary who will retire on June 30. Gilvary has experienced a 34-12 months occupation with BP, including over 8 decades as CFO.
T-Mobile promoted Peter Osvaldik to main economic officer. Osvaldik, who was most not long ago senior vice president of finance and main accounting officer, joined the firm in 2016 as vice president of external reporting and technical accounting. Ahead of T-Mobile, Osvaldik held main accounting officer, controller, and management roles at Outerwall, Coinstar, and PricewaterhouseCoopers.
Debi Chirichella
Hearst named Debi Chirichella as interim president of its journal team. Chirichella has been the journal group’s finance main given that 2011. Ahead of signing up for Hearst, Chirichella spent seven decades at rival Condé Nast, where by she served in various govt positions, including main working officer at Condé Nast Digital, COO of the Fairchild Manner Team, and CFO at Condé Nast Publications.
August 2020
Kristina Salen was appointed finance main at Earth Wrestling Enjoyment (WWE). Salen served as the initially CFO of on the web marketplace Etsy, where by she grew the business from $895 million in gross gross sales to $three billion in four decades and led and executed the company’s IPO. Salen earlier held CFO and COO roles at Moda Operandi and Translation Enterprises/United Masters, and managed global media and telecom money with Fidelity Investments.
Domino’s Pizza promoted Stu Levy to main economic officer. Levy, who was most not long ago govt vice president of provide chain solutions, joined the pizza chain in 2019 just after serving as govt vice president and main transformation officer at Republic Expert services. Ahead of signing up for Republic Expert services, Levy spent 13 decades at Bain & Company and served as a companion from 2008-2014. Levy usually takes over for Jeffrey Lawrence, who is retiring from Domino’s just after extra than twenty decades at the firm.
Ajay Vashee stepped down as CFO at Dropbox just after extra than 8 decades at the firm. Tim Regan, who was the company’s main accounting officer, turned the company’s new CFO. Regan has labored at Dropbox for virtually four decades. He has over two a long time of working experience in finance just before Dropbox, from his role as vice president finance and controller at Pandora Media, to senior positions at Dolby Laboratories and Ernst and Youthful.
Roku main economic officer Steve Louden made a decision to continue to be with the firm. In December, Louden claimed he was stepping down at the time his alternative was identified. He prepared to return dwelling to the Seattle place with his loved ones just after assisting in the changeover. Roku claimed that Louden will go on to provide as its CFO when operating remotely in Seattle, and they have finished the research for his successor.
Cisco finance main Kelly Kramer declared her retirement just after 5 decades in the position. Kramer joined the computer system networking devices maker in 2012 as senior vice president of corporate finance and turned senior vice president of business technological know-how and operations finance just before getting named CFO in 2015. Ahead of Cisco, Kramer was CFO of GE Healthcare’s Health care Systems business.
September 2020
Jamere Jackson turned the new finance main at AutoZone just after stepping down as CFO at Hertz. Invoice Giles, the company’s latest CFO, will retire at the close of December 2020 just after fourteen decades in the role. Ahead of signing up for Hertz, Jackson served as main economic officer at Nielsen Holdings.
Jeff Wallace is the new CFO at USAA. Wallace joins the firm from Financial institution of The usa, where by he was most not long ago main economic officer of the customer banking and global prosperity and expenditure management business. Previously in his occupation, he held economic management roles at Wachovia Securities, Deutsche Financial institution, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring just after extra than 19 decades at the firm.
McAfee appointed Venkat Bhamidipati main economic officer. Bhamidipati joined the cybersecurity firm from health care firm Providence, where by he was CFO. Ahead of that, he spent 13 decades at Microsoft, where by he held various govt positions, including CFO of the around the world organization team, CFO of the around the world operations and technological know-how team, and running director for business progress and expansion method.
Gina Goetter was named finance main at Harley-Davidson. Most not long ago, she served as CFO at Tyson Foods’s organized foodstuff section, where by she led the reinvention of the segment’s business product to stabilize income flow and appropriate-size the expense structure. Ahead of Tyson, Goetter held different global management positions at Typical Mills, where by she led business product re-engineering and optimized procurement methods and logistics. She usually takes over for interim CFO Darrell Thomas, who will go on as vice president and treasurer.
October 2020
John Lawler took over as CFO at Ford. Lawler has most not long ago been serving as CEO of Ford Autonomous Motor vehicles and vice president of mobility partnerships. He has spent significantly of his 30 decades at Ford in finance management and standard management. Lawler served as president of Ford China for virtually four decades when the firm attained file in-state general performance. He also served as corporate controller and CFO, global markets, and head of around the world method. Lawler took over for Tim Stone, who still left the firm to develop into CFO and main working officer at software firm ASAPP.
Hertz promoted Kenny Cheung to CFO to substitute R. Eric Esper, who resigned just after little extra than a thirty day period in the position. Esper joined United Normal Foods 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 not long ago govt vice president of finance, main operational finance, and restructuring officer.
Papa John’s appointed Ann Gugino main economic officer. Gugino joins the pizza chain from Focus on, where by she was most not long ago senior vice president of economic scheduling and examination. Ahead of that, she spent eighteen decades at health-related provides firm Patterson Firms, including four decades as govt vice president and main economic officer. Gugino usually takes over for Steve Coke, who has been serving as interim principal economic and accounting officer.
Adrian Mitchell
Adrian Mitchell was named Macy’s new finance main. Mitchell joined the retailer from Boston Consulting Team (BCG) where by he was a running director and companion in the electronic BCG and customer procedures. Ahead of signing up for BCG, Mitchell experienced wide-ranging retail ordeals. Mitchell took over for interim CFO Felicia Williams. Williams was named interim CFO in May perhaps just after main economic officer Paula Price tag declared she was leaving the retailer just after fewer than two decades in the role.
Nasdaq promoted Ann Dennison to CFO. Dennison, who is currently senior vice president, controller, and main accounting officer, will get over as main economic officer on March one, 2021. Dennison has been with Nasdaq for 5 decades and has extra than twenty decades of working experience in economic reporting and examination. Ahead of signing up for Nasdaq, Dennison labored at Goldman Sachs as running director, head of economic reporting. She usually takes over for Michael Ptasznik, who will retire on February 28.
Tapestry, the mother or father firm of Mentor, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as main govt officer. Crevoiserat, who turned CFO in August 2019, took over as interim CEO in July. She joined the firm from Abercrombie & Fitch, where by she was hired as main economic officer.
November 2020
Stanley Sutula is the new finance main at Colgate-Palmolive. Sutula has served as govt vice president and main economic officer at Pitney Bowes given that February 2017 and earlier spent 28 decades at IBM. His tenure at IBM integrated economic management roles of rising accountability, culminating in assistance as IBM’s vice president and controller. Sutula usually takes over for Henning Jakobsen, who will assume the role of senior vice president right up until his retirement on December 31.
Global Automotive Components (IAC) finance main David Prystash will develop into its subsequent CEO and a member of the company’s board of administrators, powerful January one, 2021. Ahead of signing up for IAC in November 2018, Prystash held management positions at Typical Motors, including vice president and CFO of global product or service progress, getting, and provide chain. Kevin Graham, who is vice president of finance, will develop into CFO.
WarnerMedia CFO Pascal Desroches has been named the new finance main at AT&T, powerful April one. Ahead of serving as CFO at WarnerMedia, Desroches was main economic officer at Turner and global controller at Time Warner. Desroches usually takes over for John Stephens, who will retire in March just after 28 decades with the firm and 9 decades as CFO.
Lululemon promoted Meghan Frank to main economic officer. Frank joined Lululemon in 2016 as senior vice president of economic scheduling and examination and, given that April, has served as interim co-CFO, together with Alex Grieve, vice president, controller for the firm. She earlier held senior roles at Ross Retailers and J.Crew, where by she served for virtually a decade.
Sysco named Aaron Alt as the foodservice distribution company’s new CFO, powerful December 7. Alt most not long ago served as main economic officer at retailer Sally Splendor Holdings and president of Sally Splendor Source. Alt’s working experience also consists of govt management roles in finance, operations, and grocery transformation at Focus on. Alt replaces Joel Quality, who will assume the recently established role of govt vice president of business progress.
December 2020
Cisco named R. Scott Herren finance main. Due to the fact November 2014, Herren served as CFO and senior vice president at style and design and engineering software firm Autodesk. At Autodesk, he assisted the firm remodel its business product from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring just after 9 decades at the firm.
Amy Weaver was named president and CFO at Salesforce. Weaver, a latest president and main legal officer at the firm, will get over for finance main Mark Hawkin on February one. Hawkin, who is retiring on January 31, will changeover to an advisory role as CFO emeritus by way of October 2021. Ahead of signing up for Salesforce, Weaver was govt vice president and standard counsel at Univar.
Money 1 promoted Andrew Youthful to finance main, powerful March one. Youthful has served as senior vice president and business line CFO at the firm given that April 2018. He has also served as the main economic officer of Money 1, N.A., the largest of the company’s two nationwide bank subsidiaries, given that July 2018. He usually takes over for R. Scott Blackley, who is leaving the firm to develop into CFO at insurance startup Oscar Overall health Insurance policies.
Procter & Gamble promoted Andre Schulten to finance main, powerful March one. Schulten, who joined the firm in 1996, is currently senior vice president of toddler care in North The usa. Previously in his occupation, Schulten held other roles, including senior vice president of finance and accounting in West Europe and for P&G’s global loved ones care, toddler care, and feminine care corporations. He succeeds long-time CFO Jon Moeller, who will keep his role as vice chairman and main working officer.
Coty promoted Laurent Mercier to main economic officer, powerful February 15. Mercier, who is currently the elegance company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He earlier spent twenty decades at global food and beverage big Danone, where by he held various management roles. He succeeds Pierre-André Terisse, with whom he has labored carefully at the two Coty and during their previous roles at Danone.