In the ever-evolving landscape of finance, the role of a Chief Financial Officer (CFO) carries immense responsibilities and opportunities for growth. Today, Controllers Council will focus on 14 CFOs that have made a career change in July 2024.
BMW of North America Names Andreas Kindler as New CFO
BMW of North America appointed Andreas Kindler as its new executive vice president and CFO, effective Aug. 1. In his new role, Kindler will be responsible for BMW of North America’s financial operations, including overseeing finance and controlling, risk management, treasury, taxes, corporate strategy, compliance, and facility management, according to the press release.
NorthStar Earth & Space Names Beth Michelson as New CFO
NorthStar is pleased to announce Beth Michelson as Chief Financial Officer, bringing to the NorthStar team a depth of experience as a strategic financial leader who excels in managing company finances, driving growth, and developing long-term business strategies to foster sustainable success.
UPS Names Brian Dykes as New CFO
United Parcel Service appointed longtime insider Brian Dykes as its new finance chief. Dykes, who has worked at UPS for more than 25 years, succeeds Brian Newman, who departed the company on June 1. The change at the world’s biggest parcel delivery firm comes at a time when it is grappling with higher labor costs linked to its new Teamsters contract.
Spirit Airlanes Names Fred Cromer as New CFO
Spirit Airlines has appointed Fred Cromer as its new chief financial officer, effective July 8. Cromer, who served at Bombardier Commercial Aircraft from 2015 to 2020, was recently the chief executive officer of aviation tech firm Xwing. He will work with interim CFO Brian McMenamy, who will stay on in a senior finance capacity to ensure a smooth transition, the company said in a statement.
Otis Names Cristina Méndez as New CFO
Otis Worldwide Corporation, a global leader in elevator and escalator manufacturing and services, announced the appointment of Cristina Méndez as Executive Vice President & Chief Financial Officer. Méndez brings to Otis extensive experience in financial management and a proven track record of leading transformational initiatives.
Rockwell Automation Names Christian Rothe as New CFO
Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, announced that Christian Rothe will join the company as senior vice president and chief financial officer. Rothe brings with him a broad background of executive leadership, finance, strategic planning, operations, and corporate development experience. He joins Rockwell after spending 13 years at Graco Inc., an industrial company specializing in the development and manufacturing of fluid-handling systems and products. Rothe served as chief financial officer and treasurer at Graco from 2015 through 2018 before moving into roles leading Graco’s global business divisions.
Webster Bank Names Neal Holland as New CFO
Connecticut-based Webster Bank has hired former First Republic CFO Neal Holland as its next chief financial officer. Holland, who has 20 years of industry experience, served as CFO at First Republic for roughly seven months before it failed and was acquired by JPMorgan Chase. Before joining the San Francisco-based lender, he worked in a number of roles at MUFG, including serving as CFO of MUFG Union Bank shortly before U.S. Bank bought it in an $8 billion deal. Holland stayed through November 2022, and the deal closed the following month.
NRC Names Owen Barwell as New CFO
The Nuclear Regulatory Commission announced the selection of Owen F. Barwell as the agency’s new Chief Financial Officer, effective July 14, 2024. Barwell has more than 35 years’ experience in both federal service and the private sector, including in scientific research, non-profit and professional services. He comes to the NRC from a role as Chief Financial Officer at Independence Hydrogen, Inc., a veteran-owned company developing low-carbon hydrogen recycling projects.
Ubilite Names Marty McDermut as New CFO
Ubilite Inc. announced Martin “Marty” McDermut as the company’s new Chief Financial Officer effective July 8, 2024. McDermut will report to CEO Peter Gammel and will be responsible for Ubilite’s corporate finance, accounting and administrative functions.
Arvinas Inc. Names Andrew Saik as New CFO
Arvinas Inc. has named Andrew Saik its new chief financial officer and treasurer. Saik has more than 20 years of biopharma finance experience, most recently serving as chief financial officer at Intercept Pharmaceuticals Inc. While at Intercept, he led the effort to recapitalize the balance sheet by selling the international division for $450 million and then repurchasing $390 million in convertible debt with a combination of cash and stock.’
Grifols Names Rahul Srinivasan as New CFO
Grifols, S.A. announces the appointment of Rahul Srinivasan as its new Chief Financial Officer, starting September 16, 2024. Srinivasan, with a wealth of experience in senior financial roles, is set to oversee the company’s financial strategies and will report to CEO Nacho Abia. He succeeds Alfredo Arroyo, who retires after a 17-year tenure, during which he played a key role in critical company changes.
Microvast Holdings Names Yaser Ali as New CFO
Microvast Holdings, a player in the miscellaneous electrical machinery, equipment, and supplies industry, announced the appointment of Yaser Ali as the new Chief Financial Officer. Mr. Ali brings extensive experience to the role, having most recently served as CFO of Vision Technologies LLC since August 2022.
Lockton Names Travis Leonard as New CFO
Lockton has announced that Travis Leonard will join the firm in the role of chief financial officer, taking the hotseat from Troy Cook who had been in the position since 2000. He has experience working across global markets having most recently been the CFO at Hostess Brands, until its sale to JM Smucker Co back in November last year.
Jimmy Choo Names Simon Kemmett as New CFO
Jimmy Choo has poached Simon Kemmett from Ralph Lauren to lead its finance function under new owner Michael Kors. Kemmet will be based in London and will also become senior vice president, business operations at the luxury footwear company
