2020 CFO Departures and Arrivals

CFOs this calendar year played a essential job in navigating their corporations as a result of a world-wide financial crisis. The increasing stress intensified the spotlight on finance chiefs, and many CFOs still left their posts more than the past 12 months. Some joined new corporations, other individuals pursued new possibilities. Their locations had been taken, in some conditions, by executives promoted to the major finance spot. The pursuing had been some of the additional notable CFO departures (and arrivals) of the previous 12 months.

January 2020

Luis Visoso was named finance main of Amazon Web Services (AWS). Visoso, who has headed finance for Amazon’s globally client segment given that 2018, joined the corporation from Cisco exactly where he was senior vice president of business enterprise, know-how, and monetary functions. In advance of to that he invested 23 decades at Procter & Gamble. Visoso can take more than for Sean Boyle who has transitioned to the job of vice president at AWS.

Verily, the wellbeing and daily life sciences unit of Google guardian corporation Alphabet, named Deepak Ahuja as main monetary officer. Deepak was CFO for Tesla from 2008 to 2015, then once more from February 2017 right until he retired in 2019. Prior to Tesla, he was at Ford Motor Corporation as a finance executive in numerous roles, including CFO for Ford Southern Africa and CFO of AutoAlliance International.

Online video system Vimeo appointed Narayan Menon as CFO. In advance of joining Vimeo, Menon served as main monetary officer at cloud-centered presentation system Prezi. His former management roles consist of corporate vice president at Intuit, senior director of finance at Microsoft, and senior director at Skype.

Thomas Ondrof joined Aramark as the foodstuff- and uniform-products and services giant’s main monetary officer. Ondrof formerly served as CFO with foodservice distributor Overall performance Foodstuff Team. Prior to that, Ondrof invested 24 decades at Compass Team North The usa, exactly where he served in a range of monetary and business enterprise enhancement management roles.

February 2020

Linda Zukauckas joined Nielsen Holdings as main monetary officer on February three. Zukauckas commenced doing work at American Specific in 2011, most lately serving as the executive vice president and deputy main monetary officer. Prior to American Specific, Zukauckas held numerous senior management roles at Ally Monetary. She serves on the board of MTS Methods, exactly where she is on the audit and the governance and nominating committees.

Northrop Grumman named veteran finance executive David Keffer as its new CFO, replacing Kenneth Bedingfield. Keffer has most lately been a standard spouse at expenditure business Blue Delta Cash Companions right after formerly serving as CFO at CSRA and its predecessor corporation SRA International.

Private label packaged foodstuff corporation TreeHouse Foods named William Kelley Jr. as main monetary officer. Kelley formerly served as interim CFO. Kelley joined TreeHouse in 2016 as corporate controller and was promoted to senior vice president, corporate and functions finance in 2018. Prior to joining TreeHouse, he was head of world-wide audit for Kraft Heinz. In advance of that, he was corporate controller and main accounting officer at Hillshire Brands.

Groupon’s interim main monetary officer, Melissa Thomas, assumed the job completely. 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 presently also serves as the company’s main accounting officer and treasurer.

Matthew Close friend, Nike’s CFO of running segments and vice president of investor relations, took more than as corporation CFO. Close friend joined the athletic clothing retail large in 2009, doing work on corporate system and enhancement ahead of remaining appointed CFO of rising markets in 2011. He has served as CFO of world-wide classes, product or service and capabilities CFO of world-wide models and capabilities and CFO of the Nike brand. He succeeds CFO Andy Campion, who transitioned to the job of main running officer.

March 2020

Toy manufacturer MGA Enjoyment (MGAE) promoted Martin Elliott to main monetary officer. Elliott joined MGAE in 2015 as vice president of monetary preparing and investigation. Elliott was the senior director of system at Mattel and the director of finance at The Walt Disney Corporation ahead of joining MGAE.

Michael Crotty was named Showtime Networks’ new main monetary officer. Crotty will also have oversight of Guess Networks’ finance workforce. Crotty returns to the enjoyment corporation right after serving as CFO of media system The Players’ Tribune given that 2016. Crotty formerly served as senior vice president of affiliate revenue and business enterprise functions for Showtime Networks.

Fidelity Investments named Maggie Serravalli as main monetary officer. Serravalli was most lately executive vice president at the company’s healthcare team. Serravalli joined Fidelity in 2007 from JPMorgan Chase exactly where she served as running director for seven decades.

Adrianne Lee was named finance main at Overstock. Lee joined Overstock from Hertz exactly where she was CFO of the company’s $7 billion North American Rental Vehicle unit. In advance of joining Hertz, Lee led monetary preparing and investigation for Greatest Buy’s multi-billion-greenback e-commerce business enterprise. She formerly held various roles in finance, strategic preparing, accounting and monetary reporting, investor relations, and audit at PepsiCo, Allianz Daily life, and PricewaterhouseCoopers.

April 2020  

Delta CFO Paul Jacobson rescinded his retirement, which he introduced in February. CEO Ed Bastian asked Jacobson to reconsider his final decision to retire even though the carrier navigates even though the devastating effect that the coronavirus pandemic has experienced on air journey. Jacobson joined the corporation in 1997 as a monetary 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 corporation, Tennenbaum most lately served as vice president AB InBev’s South The usa division as properly as CFO of its Brazilian subsidiary, Ambev. Tennenbaum will also be part of the company’s executive committee.

United states Nowadays guardian Gannett appointed Douglas Horne as main monetary officer. Horne most lately served as world-wide controller for The We Corporation, which incorporates office-sharing startup WeWork. In advance of that, he invested 8 decades at Warner Media, most lately as senior vice president and controller. In advance of joining Warner, he served as deputy main monetary officer and main accounting officer at AOL. Horne succeeds Alison “Ali” Engel, who stepped down at the conclusion of the very first quarter.

Retailer Ted Baker named Rachel Osborne as main executive officer. Osborne joined the corporation as main monetary officer in November 2019 ahead of remaining appointed acting main executive officer in December 2019. She joined Ted Baker from Debenhams, exactly where she experienced labored as CFO. She was formerly main monetary officer at Domino’s Pizza, finance director of team business at Vodafone, and finance and system director at John Lewis.

May 2020

Gustavo Arnal was appointed CFO at Bed Bath & Over and above. Arnal joined the retailer from Avon, exactly where he was team main monetary officer. In advance of that, he was CFO of international divisions and world-wide capabilities at Walgreens Boots Alliance. He has formerly served in senior positions at Procter & Gamble, including CFO of India, Center East, and Africa, CFO world-wide fabric and property treatment, and CFO world-wide personalized natural beauty. Arnal succeeds Robyn D’Elia, who is leaving the corporation.

Adam Townsend is the new finance main at Vizio. In advance of joining the client-electronics brand, Townsend served as main monetary officer at Showtime Networks. In advance of that, he held several roles at CBS, including executive vice president of corporate finance and investor relations. He also played key roles in CBS’s outdoor promotion business enterprise and CBS Radio. Townsend can take more than for main running officer Ben Wong, who experienced been handling main monetary officer responsibilities.

Medical gear manufacturer BVI named David Murray as main monetary officer. Most lately, Murray served as CFO of Alcon AG right until its $thirty billion spin-off from Novartis Team AG in 2019. For the duration of his 19 decades with Novartis, he also served as CFO for its vaccines and diagnostics division, as properly as various other senior finance management roles within just the Pharma division. In advance of Novartis, he held senior management roles at Common Motors, Swiss Lender Corp, and British Petroleum.

Tyler Sloat was named main monetary officer at Freshworks. In advance of joining the buyer engagement computer software corporation, Sloat was CFO at membership payments corporation Zuora exactly where he guided the begin-up as a result of its IPO. In advance of that, he held executive finance roles at a range of corporations including NetApp and Siebel Methods.

June 2020

Biotechnology corporation Moderna named David Meline as main monetary officer. Meline joined Moderna from Amgen, exactly where he was CFO from 2014 as a result of 2019. In advance of Amgen, he invested 6 decades at 3M Corporation, exactly where he most lately served as finance main. Formerly, Meline held management positions at Common Motors, including CFO for GM North The usa.

Todd McElhatton took more than as finance main at cloud-centered system Zuora on June 22. McElhatton was most lately main monetary officer at SAP Cloud Business Team. In advance of that, he was the CFO for SAP North The usa. In advance of joining SAP, he held several senior finance management roles, including as CFO at VMware’s Hybrid Cloud Business, CFO at Oracle’s Cloud Services, and CFO at Hewlett Packard Managed Services Business.

Brian DelGhiaccio was promoted to finance main at squander assortment corporation Republic Services. DelGhiaccio, who was most lately executive vice president and main transformation officer, joined Republic Services in 1998 and has given that held roles of increasing responsibility across the finance business. He also prospects the information and facts know-how, cybersecurity, and info management departments. DelGhiaccio succeeds Charles Serianni, who will retire on June 1, 2021.

Former Home Depot CFO Carol Tomé grew to become main executive officer at UPS. Tomé, who invested eighteen decades as the property improvement company’s CFO, is the very first outdoors CEO employ the service of in UPS’ 112-calendar year record. Tomé commenced her occupation as a commercial loan provider with United Lender of Denver and then was director of banking for the Johns-Manville Company. In advance of joining Home 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 Corporation. He joined Campbell’s in 1996 and has held numerous monetary management roles, including senior vice president of finance, treasurer, controller, main monetary officer of the company’s North The usa and international divisions, and head of strategic preparing and corporate enhancement. DiSilvestro can take more than for Joseph Euteneuer, who is leaving the corporation.

July 2020  

Monish Patolawala was hired as CFO at 3M. Patolawala most lately labored at GE Health care, exactly where he has served as main monetary officer of the about $17 billion business enterprise given that 2015. Patolawala joined GE in 1994, having management roles of increasing responsibility. Patolawala succeeds Nick Gangestad, who is retired.

Murray Auchincloss, CFO of BP’s Upstream segment, grew to become main monetary officer at oil and gas corporation BP on July 1. Auchincloss grew to become CFO for BP’s Upstream segment in 2015 right after two decades as Upstream deputy CFO and head of business enterprise enhancement. Auchincloss succeeds Brian Gilvary who will retire on June thirty. Gilvary has experienced a 34-calendar year occupation with BP, including more than 8 decades as CFO.

T-Cellular promoted Peter Osvaldik to main monetary officer. Osvaldik, who was most lately senior vice president of finance and main accounting officer, joined the corporation in 2016 as vice president of exterior reporting and specialized accounting. In advance of T-Cellular, Osvaldik held main accounting officer, controller, and management roles at Outerwall, Coinstar, and PricewaterhouseCoopers.

Hearst named Debi Chirichella as interim president of its magazine team. Chirichella has been the magazine group’s finance main given that 2011. In advance of joining Hearst, Chirichella invested seven decades at rival Condé Nast, exactly where she served in various executive positions, including main running officer at Condé Nast Electronic, COO of the Fairchild Fashion Team, and CFO at Condé Nast Publications.

August 2020

Kristina Salen was appointed finance main at Entire world Wrestling Enjoyment (WWE). Salen served as the very first CFO of on the net marketplace Etsy, exactly where she grew the business enterprise from $895 million in gross gross sales to $three billion in four decades 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 world-wide media and telecom money with Fidelity Investments.

Domino’s Pizza promoted Stu Levy to main monetary officer. Levy, who was most lately executive vice president of source chain products and services, joined the pizza chain in 2019 right after serving as executive vice president and main transformation officer at Republic Services. In advance of joining Republic Services, Levy invested 13 decades at Bain & Corporation and served as a spouse from 2008-2014. Levy can take more than for Jeffrey Lawrence, who is retiring from Domino’s right after additional than 20 decades at the corporation.

Ajay Vashee stepped down as CFO at Dropbox right after additional than 8 decades at the corporation. Tim Regan, who was the company’s main accounting officer, grew to become the company’s new CFO. Regan has labored at Dropbox for practically four decades. He has more than two decades of practical experience in finance ahead of 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 monetary officer Steve Louden made the decision to keep with the corporation. In December, Louden stated he was stepping down as soon as his substitute was uncovered. He planned to return property to the Seattle location with his family members right after aiding in the changeover. Roku stated that Louden will continue to provide as its CFO even though doing work remotely in Seattle, and they have finished the look for for his successor.

Cisco finance main Kelly Kramer introduced her retirement right after 5 decades in the placement. Kramer joined the computer system networking gear maker in 2012 as senior vice president of corporate finance and grew to become senior vice president of business enterprise know-how and functions finance ahead of remaining named CFO in 2015. In advance of Cisco, Kramer was CFO of GE Healthcare’s Health care Methods business enterprise.

September 2020

Jamere Jackson grew to become the new finance main at AutoZone right after stepping down as CFO at Hertz. Invoice Giles, the company’s recent CFO, will retire at the conclusion of December 2020 right after 14 decades in the job. In advance of joining Hertz, Jackson served as main monetary officer at Nielsen Holdings.

Jeff Wallace is the new CFO at USAA. Wallace joins the corporation from Lender of The usa, exactly where he was most lately main monetary officer of the client banking and world-wide prosperity and expenditure management business enterprise. Before in his occupation, he held monetary management roles at Wachovia Securities, Deutsche Lender, and Fidelity Investments. Wallace succeeds Laura Bishop, who is retiring right after additional than 19 decades at the corporation.

McAfee appointed Venkat Bhamidipati main monetary officer. Bhamidipati joined the cybersecurity corporation from healthcare corporation Providence, exactly where he was CFO. In advance of that, he invested 13 decades at Microsoft, exactly where he held various executive positions, including CFO of the globally business team, CFO of the globally functions and know-how team, and running director for business enterprise enhancement and growth system.

Gina Goetter was named finance main at Harley-Davidson. Most lately, she served as CFO at Tyson Foods’s geared up foodstuff segment, exactly where she led the reinvention of the segment’s business enterprise design to stabilize income circulation and suitable-dimensions the cost framework. In advance of Tyson, Goetter held numerous world-wide management positions at Common Mills, exactly where she led business enterprise design re-engineering and optimized procurement procedures and logistics. She can take more than for interim CFO Darrell Thomas, who will continue as vice president and treasurer.

Oct 2020

John Lawler took more than as CFO at Ford. Lawler has most lately been serving as CEO of Ford Autonomous Motor vehicles and vice president of mobility partnerships. He has invested a lot of his thirty decades at Ford in finance management and standard management. Lawler served as president of Ford China for practically four decades when the corporation achieved history in-country efficiency. He also served as corporate controller and CFO, world-wide markets, and head of globally system. Lawler took more than for Tim Stone, who still left the corporation to turn out to be CFO and main running officer at computer software corporation ASAPP.

Hertz promoted Kenny Cheung to CFO to exchange R. Eric Esper, who resigned right after minor additional than a month in the placement. 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 lately executive vice president of finance, main operational finance, and restructuring officer.

Papa John’s appointed Ann Gugino main monetary officer. Gugino joins the pizza chain from Goal, exactly where she was most lately senior vice president of monetary preparing and investigation. In advance of that, she invested eighteen decades at medical provides corporation Patterson Companies, including four decades as executive vice president and main monetary officer. Gugino can take more than for Steve Coke, who has been serving as interim principal monetary and accounting officer.

Adrian Mitchell was named Macy’s new finance main. Mitchell joined the retailer from Boston Consulting Team (BCG) exactly where he was a running director and spouse in the digital BCG and client tactics. In advance of joining BCG, Mitchell experienced broad-ranging retail experiences. Mitchell took more than for interim CFO Felicia Williams. Williams was named interim CFO in May right after main monetary officer Paula Cost introduced she was leaving the retailer right after a lot less than two decades in the job.

Nasdaq promoted Ann Dennison to CFO. Dennison, who is presently senior vice president, controller, and main accounting officer, will consider more than as main monetary officer on March 1, 2021. Dennison has been with Nasdaq for 5 decades and has additional than 20 decades of practical experience in monetary reporting and investigation. In advance of joining Nasdaq, Dennison labored at Goldman Sachs as running director, head of monetary reporting. She can take more than for Michael Ptasznik, who will retire on February 28.

Tapestry, the guardian corporation of Mentor, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as main executive officer. Crevoiserat, who grew to become CFO in August 2019, took more than as interim CEO in July. She joined the corporation from Abercrombie & Fitch, exactly where she was hired as main monetary officer.

November 2020

Stanley Sutula is the new finance main at Colgate-Palmolive. Sutula has served as executive vice president and main monetary officer at Pitney Bowes given that February 2017 and formerly invested 28 decades at IBM. His tenure at IBM bundled monetary management roles of increasing responsibility, culminating in service as IBM’s vice president and controller. Sutula can take more than for Henning Jakobsen, who will think the job of senior vice president right until his retirement on December 31.

International Automotive Components (IAC) finance main David Prystash will turn out to be its upcoming CEO and a member of the company’s board of administrators, helpful January 1, 2021. In advance of joining IAC in November 2018, Prystash held management positions at Common Motors, including vice president and CFO of world-wide product or service enhancement, purchasing, and source chain. Kevin Graham, who is vice president of finance, will turn out to be CFO.

WarnerMedia CFO Pascal Desroches has been named the new finance main at AT&T, helpful April 1. In advance of serving as CFO at WarnerMedia, Desroches was main monetary officer at Turner and world-wide controller at Time Warner. Desroches can take more than for John Stephens, who will retire in March right after 28 decades with the corporation and nine decades as CFO.

Lululemon promoted Meghan Frank to main monetary officer. Frank joined Lululemon in 2016 as senior vice president of monetary preparing and investigation and, given that April, has served as interim co-CFO, along with Alex Grieve, vice president, controller for the corporation. She formerly held senior roles at Ross Outlets and J.Crew, exactly where she served for practically a ten years.

Sysco named Aaron Alt as the foodservice distribution company’s new CFO, helpful December 7. Alt most lately served as main monetary officer at retailer Sally Attractiveness Holdings and president of Sally Attractiveness Provide. Alt’s practical experience also incorporates executive management roles in finance, functions, and grocery transformation at Goal. Alt replaces Joel Quality, who will think the newly created job of executive vice president of business enterprise enhancement.

December 2020

Cisco named R. Scott Herren finance main. Since November 2014, Herren served as CFO and senior vice president at structure and engineering computer software corporation Autodesk. At Autodesk, he assisted the corporation completely transform its business enterprise design from perpetual licenses to SaaS and recurring subscriptions. Herren succeeds Kelly Kramer, who is retiring right after nine decades at the corporation.

Amy Weaver was named president and CFO at Salesforce. Weaver, a recent president and main lawful officer at the corporation, will consider more than for finance main Mark Hawkin on February 1. Hawkin, who is retiring on January 31, will changeover to an advisory job as CFO emeritus as a result of Oct 2021. In advance of joining Salesforce, Weaver was executive vice president and standard counsel at Univar.

Cash Just one promoted Andrew Younger to finance main, helpful March 1. Younger has served as senior vice president and business enterprise line CFO at the corporation given that April 2018. He has also served as the main monetary officer of Cash Just one, N.A., the major of the company’s two countrywide bank subsidiaries, given that July 2018. He can take more than for R. Scott Blackley, who is leaving the corporation to turn out to be CFO at insurance policies startup Oscar Wellness Insurance policies.

Procter & Gamble promoted Andre Schulten to finance main, helpful March 1. Schulten, who joined the corporation in 1996, is presently senior vice president of newborn treatment in North The usa. Before in his occupation, Schulten held other roles, including senior vice president of finance and accounting in West Europe and for P&G’s world-wide family members treatment, newborn treatment, and feminine treatment corporations. He succeeds extensive-time CFO Jon Moeller, who will retain his job as vice chairman and main running officer.

Coty promoted Laurent Mercier to main monetary officer, helpful February fifteen. Mercier, who is presently the natural beauty company’s deputy CFO, joined Coty as CFO of its luxury division in 2017. He formerly invested 20 decades at world-wide foodstuff and beverage large Danone, exactly where he held various management roles. He succeeds Pierre-André Terisse, with whom he has labored closely at the two Coty and all through their former roles at Danone.

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