As October 2025 comes to an end, CFOs are navigating a financial landscape defined by agility, analytics, and accountability. With economic pressures, evolving tech investments, and new reporting standards reshaping corporate finance, CFOs are doing more than managing the books. Today, Controllers Council will focus on 13 CFOs that accepted new roles this month.
PepsiCo Names Steve Schmitt as New CFO
PepsiCo, Inc. named Steve Schmitt Executive Vice President and Chief Financial Officer. Schmitt joins PepsiCo from Walmart, where he currently serves as Executive Vice President and Chief Financial Officer for Walmart U.S.
Citrin Cooperman Names Lydia Brown as New CFO
Citrin Cooperman has appointed Lydia Brown as chief financial officer. Brown brings more than 30 years of experience in the professional services industry, including senior financial leadership roles across both private-equity-backed and publicly traded companies. Most recently, she served as CFO for HKA.
Stellantis Names Joao Laranjo as New CFO
Stellantis has announced the appointment of Joao Laranjo as Chief Financial Officer and member of the Stellantis Leadership Team. The change comes as the company struggles to turn itself around after its decline in the US market and the impact of US import tariffs this year.
Campbell Names Todd Cunfer as New CFO
The Campbell’s Company announced the appointment of Todd Cunfer as Executive Vice President and Chief Financial Officer. Cunfer brings over 25 years of proven finance and operational experience in the consumer-packaged goods industry, specifically in food.
Amcor Names Stephen Scherger as New CFO
Amcor has appointed Stephen Scherger as its executive vice-president and chief financial officer. Scherger has been working for more than three decades in operations, finance and strategic roles within the packaging sector.
Penn State Health Names Tracy Moyer as New CFO
Penn State Health has appointed Tracy Moyer as executive vice president and chief financial officer. Moyer, who has served as interim CFO since June, previously held the role of senior vice president of system financial services. With more than 20 years of experience at Penn State Health, she has led enterprise-wide financial strategy, integration and modernization efforts.
Acadia Names Todd Young as New CFO
Acadia Healthcare has named Todd Young as its new chief financial officer. The announcement follows investor pressure calling for changes from Acadia Healthcare after it navigated a challenging year, shuttering multiple facilities and facing lawsuits. Young’s background is primarily in the pharmaceutical sector, where he served as the chief financial officer for Elanco Animal Health and formerly in the same capacity for Acadia Pharmaceuticals – a separate entity from Acadia Healthcare.
OpenText Names Steve Rai as New CFO
Open Text Corporation, a global leader in secure information management for AI, announced Steve Rai as Executive Vice President, Chief Financial Officer. Mr. Rai brings over 30 years of global finance experience and a proven track record as a technology industry veteran. Mr. Rai most recently served as Chief Financial Officer of BlackBerry Limited.
TD SYNNEX Names David Jordan as New CFO
TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem, announced that David Jordan as Executive VP and CFO. Jordan, who has served as Americas CFO since 2021, joined TD SYNNEX in 2014 and has held a variety of senior finance roles across the organization. David brings to the role strong commercial acumen, M&A experience and focus on capital optimization, along with a deep experience in financial planning, investor engagement and operational leadership.
Ulta Beauty Names Christopher DelOrefice as New CFO
Ulta Beauty, Inc. announced that Christopher DelOrefice has been named CFO. Mr. DelOrefice is an experienced business leader who has led global, cross-functional teams at companies that have delivered superior financial performance. He joins Ulta Beauty from Becton Dickinson & Company, where he has served as Executive Vice President and Chief Financial Officer since September 2021.
Liquid Death Names Ricky Khetarpaul as New CFO
Liquid Death has named Ricky Khetarpaul as its chief financial officer. As CFO, Khetarpaul will oversee the company’s finance organization. Khetarpaul joins the non-alcoholic beverage manufacturer from Health-Ade, where he most recently was CFO.
Panera Bread Names Earl Ellis as New CFO
Panera Bread has hired Earl Ellis as chief financial officer. Ellis, who has roughly three decades of financial experience, will help Panera accelerate its plan to boost its core business, improve the guest experience and drive long-term, profitable growth.
xAI Names Anthony Armstrong as New CFO
Elon Musk has appointed former Morgan Stanley banker Anthony Armstrong as the new chief financial officer of his artificial intelligence group xAI. Armstrong will lead the finance operations for both xAI and social media platform X.
Additional CFO’s on the Move
CFO’s on the Move: September 2025
