July 25, 2024


The business lovers

CFOs On the Move: Week Ending July 24

Joanne Crevoiserat

Tapestry, the mother or father firm of Mentor, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as interim chief executive officer. Crevoiserat normally takes more than for chairman and CEO Jide Zeitlin, who resigned from the firm and its board of administrators for personal causes. Crevoiserat has been the chief monetary officer at Tapestry considering that August 2019. She joined the firm from Abercrombie & Fitch, wherever she was employed as chief monetary officer. She held numerous management positions for the duration of her tenure at the retailer, together with executive vice president, chief running officer, and interim principal executive officer. Before that, she served in a number of senior administration roles at Kohl’s. She beforehand held senior finance positions with Walmart Merchants and May perhaps Department Merchants, together with chief monetary officer at the Filene’s, Foley’s, and Well known-Barr makes. Andrea Shaw Resnick, worldwide head of investor relations and company communications, will action in as interim CFO.

Mike Santomassimo

Mike Santomassimo will turn out to be CFO at Wells Fargo in the tumble. Santomassimo joins the firm from BNY Mellon, wherever he was CFO considering that 2018. Formerly, he served as CFO for the company’s expenditure providers firms. Before joining BNY Mellon, he put in 11 yrs at JPMorgan Chase in a number of essential finance management roles, including CFO for banking, which incorporated expenditure banking and treasury providers. He also served as CFO of JPMorgan’s Securities Providers and U.S. Non-public Banking firms. He commenced his career at Smith Barney. Santomassimo succeeds John Shrewsberry, who has is retiring after 22-yrs at the firm, together with the previous 6 yrs as CFO. Shrewsberry will continue on in his position as CFO until Santomassimo joins the firm and will guide with the transition.

BNY Mellon named Emily Portney as chief monetary officer to exchange Mike Santomassimo. Portney most lately led the shopper administration, revenue, and provider teams for BNY Mellon’s asset servicing business enterprise globally. She also oversaw the Americas location of the asset servicing business enterprise. Before joining BNY Mellon, she was chief monetary officer at Barclays International. She put in 22 yrs at JPMorgan, wherever she was the worldwide head of clearing and collateral administration, among other roles. She began with JPMorgan in 1993 and carried out numerous roles during her career, together with the CFO of equities and primary providers.

Wailun Chan

Wailun Chan is the new finance chief at payment processing firm Plastiq. Chan joins the firm from LinkedIn, wherever he was vice president of finance. When at LinkedIn, he aided direct the firm by its IPO and constructed, scaled, and managed several finance teams. Before that, Chan was studio finance controller at Digital Arts, revenue finance leader at Nestle, director of revenue and marketing finance at Common Electrical Capital, and FP&A supervisor at Kraft Specialty Cheese.

Drugmaker Biogen appointed Michael McDonnell as chief monetary officer. McDonnell was most lately CFO at everyday living-sciences firm IQVIA. McDonnell was beforehand finance chief at satellite firm Intelsat, professional finance firm MCG Capital, and satellite television operator EchoStar Communications. Earlier in his career, he put in fourteen yrs at PricewaterhouseCoopers, together with 4 yrs as a husband or wife. McDonnell succeeds Jeffrey Capello, who has been CFO at the firm considering that 2017. Capello will action down from his existing position when McDonnell is appointed on August 15. Capello will continue being with the firm until September 15 to enable with the transition.

Virgin Hyperloop appointed Raja Narayanan as chief monetary officer. Raja was most lately senior vice president at Hyundai-Aptiv Autonomous Driving Joint Venture, which was targeted on commercializing L4 autonomous driving technologies. He was part of a broader executive workforce at Aptiv that led to the development of the joint enterprise valued at $4 billion. Before that, Raja labored on a special assignment at OneWeb to enable start a professional aviation initiative. He was the vice president of conceptualization and start of strategic initiative at Panasonic in advance of that.

Alec King

Alec King will turn out to be CFO at Memorial Hermann Wellbeing Process in Oct. King will oversee monetary operations for its 17 hospitals and a lot more than 300 care shipping sites. King joins the firm from Children’s Nationwide Wellbeing Process, wherever he was CFO. Before that, King held several monetary management roles inside of Texas Children’s Hospital in Houston for more than 9 yrs. King is board director of Protected Young children Globally and Brainy Camps Clinical Training Youth Camps. King succeeds Brian Dean, who has served as CFO considering that 2018 and lately relocated to California. Cindy DeMoya, senior vice president and chief accounting officer, will serve as interim CFO until King assumes his new position.

H2o technologies firm Xylem named Sandra Rowland as CFO. Considering the fact that 2015, Rowland has served as chief monetary officer at customer electronics firm Harman International Industries, a subsidiary of Samsung. Before Harman, Rowland held a number of positions at Eastman Kodak Corporation, together with chief monetary officer of the professional section. She is also a member of the board of administrators and audit and human means committees of industrial producer Oshkosh Company. Rowland succeeds Mark Rajkowski, who is retiring at the conclude of the yr.

professions, CFOs on the Go, company finance, Joanne Crevoiserat, Mike Santomassimo, Tapestry, Wells Fargo