September marked a busy month for financial leadership transitions, with organizations across diverse sectors welcoming new chief financial officers. These changes reflect the critical role CFOs play in guiding investment, managing risk, and shaping long-term growth in an increasingly complex economic environment. Controllers Council will focus on 12 CFOs that accepted in roles in September 2025.
Samsung Names Park Soon-cheol as New CFO
Samsung Electronics tapped Park Soon-cheol, executive vice president of its corporate management office, as its new chief financial officer. The new CFO is expected to serve a vital role within Samsung Electronics managing the company’s cash flow. Also, investments in new chip manufacturing facilities and rolling out of major mergers and acquisitions are expected to lie in the hands of the new CFO.
Mitsubishi Electric Trane HVAC US Names Tim Vordenbaumen as New CFO
Mitsubishi Electric Trane HVAC US Names Tim Vordenbaumen as Chief Financial Officer. As CFO, Vordenbaumen will be responsible for financial guidance to the senior leadership team as well as planning, implementing, managing, and controlling financial-related activities for METUS.
Crocs Names Patraic Reagan as New CFO
Crocs Inc. has appointed Patraic Reagan as its new executive vice president and chief financial officer as the company looks to reset its financial leadership following a challenging second quarter. Reagan brings more than two decades of experience in global finance roles, including 14 years at Nike, where he served as vice president and CFO for the Asia Pacific and Latin America regions. He also held leadership roles at Coach and Polo Ralph Lauren, and most recently served as CFO at SharkNinja.
Shoe Carnival Names Kerry Jackson as New CFO
Kerry Jackson is moving back into his former role at Shoe Carnival. Jackson, who came out of retirement to rejoin the retailer in June as senior vice president of new business development, has now been appointed executive vice president and chief financial officer.
Snowflake Names Brian Robins as New CFO
Snowflake, the AI Data Cloud company, announced that Brian Robins is joining the company as Chief Financial Officer. In this role, Mr. Robins will be responsible for shaping Snowflake’s financial strategies to support its growth and long-term health, and will lead the global finance organization, including planning, treasury, tax, reporting, and investor relations.
Ross Stores Names William Sheehan as New CFO
Ross Stores, Inc. announced a leadership transition with the appointment of William Sheehan as Executive Vice President and Chief Financial Officer. Sheehan, who has extensive experience in the retail sector, has been with the company since 2006.
Sweetgreen Names Jamie McConnell as New CFO
Sweetgreen, Inc. announced that Jamie McConnell will be the next CFO. McConnell joins Sweetgreen from Chipotle, where she served as Chief Accounting and Administrative Officer. Her career spans more than 20 years of financial leadership experience across restaurant, retail, and e-commerce industries, with previous roles at Aviation Capital Group, Rent-A-Center, Allergan, and Deloitte.
Yum Brands Names Ranjith Roy as New CFO
Yum Brands named executive Ranjith Roy as the KFC parent’s finance chief. Roy had served as CFO of the e-commerce marketplace Goldbelly and had spent more than 15 years with Goldman Sachs before joining Yum Brands as chief strategy officer and treasurer in 2024.
OpenAI Names Mike Liberatore as New CFO
OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its massive infrastructure spending.
Unilever Names Srinivas Phatak as New CFO
Unilever PLC announces the appointment of Srinivas Phatak as its new Chief Financial Officer. In February 2025, Unilever PLC announced that Srinivas, who was Deputy Chief Financial Officer and Group Controller at the time, would become acting CFO and that a full search would be initiated to appoint a permanent CFO. Following that process, the Unilever Board is in unanimous agreement that Srinivas is the best candidate for the role, due to the strength of his industry and functional experience and having performed strongly as acting CFO.
Extend Names Francois Horikawa as New CFO
Spend management platform Extend Enterprises tapped a former PayPal Holdings executive, Francois Horikawa, to serve as its first CFO. Horikawa is joining the spend management platform after eight years at PayPal, where he recently served as head of finance for its consumer business unit, which includes its peer-to-peer payments services, Venmo, credit and debit cards and small business lending units.
BMO Names Rahul Nalgirkar as New CFO
Rahul Nalgirkar will become BMO’s next CFO. Nalgirkar’s advancement also shows a continued infusion of Fifth Third alums into the C-suites of Canadian banks. Nalgirkar came to BMO in 2022 after spending seven years at the Cincinnati lender.
