2020 CFO Departures and Arrivals
CFOs this calendar year played a critical job in navigating their organizations as a result of a worldwide economic crisis. The raising pressure intensified the spotlight on finance chiefs, and numerous CFOs remaining their posts around the last 12 months. Some joined new organizations, others pursued new possibilities. Their locations ended up taken, in some situations, by executives promoted to the major finance place. The adhering to ended up some of the additional notable CFO departures (and arrivals) of the earlier 12 months.
January 2020
Luis Visoso was named finance chief of Amazon Website Expert services (AWS). Visoso, who has headed finance for Amazon’s around the globe client section considering the fact that 2018, joined the enterprise from Cisco the place he was senior vice president of business, engineering, and financial operations. Prior to to that he invested 23 years at Procter & Gamble. Visoso can take around for Sean Boyle who has transitioned to the job of vice president at AWS.
Deepak Ahuja
Verily, the well being and lifetime sciences device of Google parent enterprise Alphabet, named Deepak Ahuja as chief financial 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 Organization as a finance government in a variety of roles, like CFO for Ford Southern Africa and CFO of AutoAlliance International.
Video clip platform Vimeo appointed Narayan Menon as CFO. Prior to joining Vimeo, Menon served as chief financial officer at cloud-centered presentation platform Prezi. His prior management roles include company vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.
Thomas Ondrof joined Aramark as the foodstuff- and uniform-expert services giant’s chief financial officer. Ondrof formerly served as CFO with foodservice distributor Overall performance Foodstuff Group. Prior to that, Ondrof invested 24 years at Compass Group North The us, the place he served in a wide range of financial and business growth management roles.
February 2020
Linda Zukauckas joined Nielsen Holdings as chief financial officer on February 3. Zukauckas started off performing at American Categorical in 2011, most just lately serving as the government vice president and deputy chief financial officer. Prior to American Categorical, Zukauckas held a variety of senior management roles at Ally Economical. She serves on the board of MTS Systems, the place 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 just lately been a general associate at investment organization Blue Delta Money Partners just after formerly serving as CFO at CSRA and its predecessor enterprise SRA International.
Private label packaged foodstuff enterprise 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 joining TreeHouse, he was head of worldwide audit for Kraft Heinz. Prior to that, he was company controller and chief accounting officer at Hillshire Makes.
Melissa Thomas
Groupon’s interim chief financial officer, Melissa Thomas, assumed the job forever. Thomas joined the e-commerce market in 2017 as vice president of business finance and has served as interim CFO considering the fact that August 2019. She at present also serves as the company’s chief accounting officer and treasurer.
Matthew Mate, Nike’s CFO of functioning segments and vice president of trader relations, took around as enterprise CFO. Mate joined the athletic attire retail giant in 2009, performing on company technique and growth right before getting appointed CFO of rising markets in 2011. He has served as CFO of worldwide categories, product or service and features CFO of worldwide brands and features and CFO of the Nike manufacturer. He succeeds CFO Andy Campion, who transitioned to the job of chief functioning officer.
March 2020
Toy manufacturer MGA Entertainment (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 technique at Mattel and the director of finance at The Walt Disney Organization right before joining MGAE.
Michael Crotty was named Showtime Networks’ new chief financial officer. Crotty will also have oversight of Wager Networks’ finance workforce. Crotty returns to the leisure enterprise just after serving as CFO of media platform The Players’ Tribune considering the fact that 2016. Crotty formerly served as senior vice president of affiliate earnings and business operations for Showtime Networks.
Fidelity Investments named Maggie Serravalli as chief financial officer. Serravalli was most just lately government vice president at the company’s healthcare team. Serravalli joined Fidelity in 2007 from JPMorgan Chase the place she served as controlling director for 7 years.
Adrianne Lee was named finance chief at Overstock. Lee joined Overstock from Hertz the place she was CFO of the company’s $7 billion North American Rental Car or truck device. Prior to joining Hertz, Lee led financial planning and investigation for Greatest Buy’s multi-billion-greenback e-commerce business. She formerly held many roles in finance, strategic planning, accounting and financial reporting, trader relations, and audit at PepsiCo, Allianz Everyday living, and PricewaterhouseCoopers.
April 2020
Delta CFO Paul Jacobson rescinded his retirement, which he introduced in February. CEO Ed Bastian requested Jacobson to rethink his determination to retire though the provider navigates while the devastating impression that the coronavirus pandemic has experienced on air journey. Jacobson joined the enterprise in 1997 as a financial analyst and was named CFO in 2012.
Anheuser-Busch InBev’s longtime CFO, Felipe Dutra, stepped down. Dutra was replaced by Fernando Tennenbaum. A fifteen-calendar year veteran of the enterprise, Tennenbaum most just lately served as vice president AB InBev’s South The us division as properly as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also join the company’s government committee.
United states of america These days parent Gannett appointed Douglas Horne as chief financial officer. Horne most just lately served as worldwide controller for The We Organization, which features business-sharing startup WeWork. Prior to that, he invested 8 years at Warner Media, most just lately as senior vice president and controller. Prior to joining 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 first quarter.
Retailer Ted Baker named Rachel Osborne as chief government officer. Osborne joined the enterprise as chief financial officer in November 2019 right before getting appointed performing chief government officer in December 2019. She joined Ted Baker from Debenhams, the place she experienced labored as CFO. She was formerly chief financial officer at Domino’s Pizza, finance director of team organization at Vodafone, and finance and technique director at John Lewis.
May 2020
Gustavo Arnal was appointed CFO at Mattress Tub & Outside of. Arnal joined the retailer from Avon, the place he was team chief financial officer. Prior to that, he was CFO of intercontinental divisions and worldwide features at Walgreens Boots Alliance. He has formerly served in senior positions at Procter & Gamble, like CFO of India, Center East, and Africa, CFO worldwide cloth and home treatment, and CFO worldwide private splendor. Arnal succeeds Robyn D’Elia, who is leaving the enterprise.
Adam Townsend
Adam Townsend is the new finance chief at Vizio. Prior to joining the client-electronics manufacturer, Townsend served as chief financial officer at Showtime Networks. Prior to that, he held several roles at CBS, like government vice president of company finance and trader relations. He also played vital roles in CBS’s out of doors advertising business and CBS Radio. Townsend can take around for chief functioning officer Ben Wong, who experienced been dealing with chief financial officer obligations.
Health care products manufacturer BVI named David Murray as chief financial officer. Most just lately, Murray served as CFO of Alcon AG until finally its $30 billion spin-off from Novartis Group AG in 2019. All through his 19 years with Novartis, he also served as CFO for its vaccines and diagnostics division, as properly as many other senior finance management roles inside of the Pharma division. Prior to Novartis, he held senior management roles at Basic Motors, Swiss Financial institution Corp, and British Petroleum.
Tyler Sloat was named chief financial officer at Freshworks. Prior to joining the shopper engagement application enterprise, Sloat was CFO at subscription payments enterprise Zuora the place he guided the start-up as a result of its IPO. Prior to that, he held government finance roles at a wide range of organizations like NetApp and Siebel Systems.
June 2020
Biotechnology enterprise Moderna named David Meline as chief financial officer. Meline joined Moderna from Amgen, the place he was CFO from 2014 as a result of 2019. Prior to Amgen, he invested six years at 3M Organization, the place he most just lately served as finance chief. Earlier, Meline held management positions at Basic Motors, like CFO for GM North The us.
Todd McElhatton took around as finance chief at cloud-centered platform Zuora on June 22. McElhatton was most just lately chief financial officer at SAP Cloud Business Group. Prior to that, he was the CFO for SAP North The us. Prior to joining SAP, he held several senior finance management roles, like as CFO at VMware’s Hybrid Cloud Business, CFO at Oracle’s Cloud Expert services, and CFO at Hewlett Packard Managed Expert services Business.
Brian DelGhiaccio was promoted to finance chief at waste selection enterprise Republic Expert services. DelGhiaccio, who was most just lately government vice president and chief transformation officer, joined Republic Expert services in 1998 and has considering the fact that held roles of raising accountability across the finance organization. He also prospects the information and facts engineering, cybersecurity, and data administration departments. DelGhiaccio succeeds Charles Serianni, who will retire on June one, 2021.
Previous Residence Depot CFO Carol Tomé turned chief government officer at UPS. Tomé, who invested eighteen years as the home enhancement company’s CFO, is the first exterior CEO employ the service of in UPS’ 112-calendar year record. Tomé started off her profession as a business loan company with United Financial institution of Denver and then was director of banking for the Johns-Manville Corporation. Prior to joining Residence Depot, Carol was vice president and treasurer of Riverwood International Corporation.
Anthony DiSilvestro was employed 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 management roles, like senior vice president of finance, treasurer, controller, chief financial officer of the company’s North The us and intercontinental divisions, and head of strategic planning and company growth. DiSilvestro can take around for Joseph Euteneuer, who is leaving the enterprise.
July 2020
Monish Patolawala was employed as CFO at 3M. Patolawala most just lately labored at GE Health care, the place he has served as chief financial officer of the close to $seventeen billion business considering the fact that 2015. Patolawala joined GE in 1994, getting management roles of raising accountability. Patolawala succeeds Nick Gangestad, who is retired.
Murray Auchincloss, CFO of BP’s Upstream section, turned chief financial officer at oil and gas enterprise BP on July one. Auchincloss turned CFO for BP’s Upstream section in 2015 just after two years as Upstream deputy CFO and head of business growth. Auchincloss succeeds Brian Gilvary who will retire on June 30. Gilvary has experienced a 34-calendar year profession with BP, like around 8 years as CFO.
T-Cellular promoted Peter Osvaldik to chief financial officer. Osvaldik, who was most just lately senior vice president of finance and chief accounting officer, joined the enterprise in 2016 as vice president of exterior reporting and complex accounting. Prior to T-Cellular, Osvaldik held chief accounting officer, controller, and administration 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 chief considering the fact that 2011. Prior to joining Hearst, Chirichella invested 7 years at rival Condé Nast, the place she served in many government positions, like chief functioning officer at Condé Nast Digital, COO of the Fairchild Fashion Group, and CFO at Condé Nast Publications.
August 2020
Kristina Salen was appointed finance chief at Planet Wrestling Entertainment (WWE). Salen served as the first CFO of on-line market Etsy, the place she grew the business from $895 million in gross gross sales to $3 billion in 4 years 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 worldwide media and telecom cash with Fidelity Investments.
Domino’s Pizza promoted Stu Levy to chief financial officer. Levy, who was most just lately government vice president of provide chain expert services, joined the pizza chain in 2019 just after serving as government vice president and chief transformation officer at Republic Expert services. Prior to joining Republic Expert services, Levy invested 13 years at Bain & Organization and served as a associate from 2008-2014. Levy can take around for Jeffrey Lawrence, who is retiring from Domino’s just after additional than twenty years at the enterprise.
Ajay Vashee stepped down as CFO at Dropbox just after additional than 8 years at the enterprise. Tim Regan, who was the company’s chief accounting officer, turned the company’s new CFO. Regan has labored at Dropbox for virtually 4 years. He has around two many years of encounter 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 chief financial officer Steve Louden made the decision to stay with the enterprise. In December, Louden mentioned he was stepping down once his alternative was discovered. He prepared to return home to the Seattle location with his family just after aiding in the transition. Roku mentioned that Louden will go on to serve as its CFO though performing remotely in Seattle, and they have ended the lookup for his successor.
Cisco finance chief Kelly Kramer introduced her retirement just after 5 years in the placement. Kramer joined the laptop or computer networking products maker in 2012 as senior vice president of company finance and turned senior vice president of business engineering and operations finance right before getting named CFO in 2015. Prior to Cisco, Kramer was CFO of GE Healthcare’s Health care Systems business.
September 2020
Jamere Jackson turned the new finance chief at AutoZone just after stepping down as CFO at Hertz. Invoice Giles, the company’s existing CFO, will retire at the end of December 2020 just after 14 years in the job. Prior to joining Hertz, Jackson served as chief financial officer at Nielsen Holdings.
Jeff Wallace is the new CFO at USAA. Wallace joins the enterprise from Financial institution of The us, the place he was most just lately chief financial officer of the client banking and worldwide wealth and investment administration business. Previously in his profession, he held financial management roles at Wachovia Securities, Deutsche Financial institution, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring just after additional than 19 years at the enterprise.
McAfee appointed Venkat Bhamidipati chief financial officer. Bhamidipati joined the cybersecurity enterprise from healthcare enterprise Providence, the place he was CFO. Prior to that, he invested 13 years at Microsoft, the place he held many government positions, like CFO of the around the globe organization team, CFO of the around the globe operations and engineering team, and controlling director for business growth and progress technique.
Gina Goetter was named finance chief at Harley-Davidson. Most just lately, she served as CFO at Tyson Foods’s prepared food items section, the place she led the reinvention of the segment’s business model to stabilize dollars movement and correct-size the charge composition. Prior to Tyson, Goetter held a variety of worldwide management positions at Basic Mills, the place she led business model re-engineering and optimized procurement tactics and logistics. She can take around for interim CFO Darrell Thomas, who will go on as vice president and treasurer.
Oct 2020
John Lawler took around as CFO at Ford. Lawler has most just lately been serving as CEO of Ford Autonomous Cars and vice president of mobility partnerships. He has invested substantially of his 30 years at Ford in finance management and general administration. Lawler served as president of Ford China for virtually 4 years when the enterprise reached history in-place functionality. He also served as company controller and CFO, worldwide markets, and head of around the globe technique. Lawler took around for Tim Stone, who remaining the enterprise to become CFO and chief functioning officer at application enterprise ASAPP.
Hertz promoted Kenny Cheung to CFO to exchange R. Eric Esper, who resigned just after small additional than a thirty day period in the placement. Esper joined United All-natural Foods as accounting officer and controller, in accordance to a regulatory filing. Esper was promoted to CFO from chief accounting officer when Jamere Jackson resigned from Hertz in August. Cheung was most just lately 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 Focus on, the place she was most just lately senior vice president of financial planning and investigation. Prior to that, she invested eighteen years at health-related materials enterprise Patterson Firms, like 4 years as government vice president and chief financial officer. Gugino can take around 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) the place he was a controlling director and associate in the digital BCG and client tactics. Prior to joining BCG, Mitchell experienced huge-ranging retail experiences. Mitchell took around for interim CFO Felicia Williams. Williams was named interim CFO in May just after chief financial officer Paula Price tag introduced she was leaving the retailer just after fewer than two years in the job.
Nasdaq promoted Ann Dennison to CFO. Dennison, who is at present senior vice president, controller, and chief accounting officer, will get around as chief financial officer on March one, 2021. Dennison has been with Nasdaq for 5 years and has additional than twenty years of encounter in financial reporting and investigation. Prior to joining Nasdaq, Dennison labored at Goldman Sachs as controlling director, head of financial reporting. She can take around for Michael Ptasznik, who will retire on February 28.
Tapestry, the parent enterprise of Coach, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as chief government officer. Crevoiserat, who turned CFO in August 2019, took around as interim CEO in July. She joined the enterprise from Abercrombie & Fitch, the place she was employed 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 invested 28 years at IBM. His tenure at IBM incorporated financial administration roles of raising accountability, culminating in support as IBM’s vice president and controller. Sutula can take around for Henning Jakobsen, who will think the job of senior vice president until finally his retirement on December 31.
International Automotive Factors (IAC) finance chief David Prystash will become its up coming CEO and a member of the company’s board of directors, powerful January one, 2021. Prior to joining IAC in November 2018, Prystash held management positions at Basic Motors, like vice president and CFO of worldwide product or service growth, purchasing, 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, powerful April one. Prior to serving as CFO at WarnerMedia, Desroches was chief financial officer at Turner and worldwide controller at Time Warner. Desroches can take around for John Stephens, who will retire in March just after 28 years with the enterprise and 9 years 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, together with Alex Grieve, vice president, controller for the enterprise. She formerly held senior roles at Ross Merchants and J.Crew, the place she served for virtually a decade.
Sysco named Aaron Alt as the foodservice distribution company’s new CFO, powerful December 7. Alt most just lately served as chief financial officer at retailer Sally Natural beauty Holdings and president of Sally Natural beauty Source. Alt’s encounter also features government management roles in finance, operations, and grocery transformation at Focus on. Alt replaces Joel Quality, who will think the recently created job of government vice president of business growth.
December 2020
Cisco named R. Scott Herren finance chief. Considering the fact that November 2014, Herren served as CFO and senior vice president at style and engineering application enterprise Autodesk. At Autodesk, he assisted the enterprise change its business model from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring just after 9 years at the enterprise.
Amy Weaver was named president and CFO at Salesforce. Weaver, a existing president and chief authorized officer at the enterprise, will get around for finance chief Mark Hawkin on February one. Hawkin, who is retiring on January 31, will transition to an advisory job as CFO emeritus as a result of Oct 2021. Prior to joining Salesforce, Weaver was government vice president and general counsel at Univar.
Money One particular promoted Andrew Younger to finance chief, powerful March one. Younger has served as senior vice president and business line CFO at the enterprise considering the fact that April 2018. He has also served as the chief financial officer of Money One particular, N.A., the premier of the company’s two nationwide financial institution subsidiaries, considering the fact that July 2018. He can take around for R. Scott Blackley, who is leaving the enterprise to become CFO at coverage startup Oscar Health and fitness Insurance.
Procter & Gamble promoted Andre Schulten to finance chief, powerful March one. Schulten, who joined the enterprise in 1996, is at present senior vice president of child treatment in North The us. Previously in his profession, Schulten held other roles, like senior vice president of finance and accounting in West Europe and for P&G’s worldwide family treatment, child treatment, and female treatment enterprises. He succeeds extended-time CFO Jon Moeller, who will keep his job as vice chairman and chief functioning officer.
Coty promoted Laurent Mercier to chief financial officer, powerful February fifteen. Mercier, who is at present the splendor company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He formerly invested twenty years at worldwide foodstuff and beverage giant Danone, the place he held many management roles. He succeeds Pierre-André Terisse, with whom he has labored closely at each Coty and all through their prior roles at Danone.