CFOs On the Move: Week Ending January 15

Grainger, Diageo, Knock, Monster Beverage, Vacasa, Sterling Bancorp, Cornerstone, Scotts Miracle-Gro, Hyliion, Zebra Technologies, Marathon Petroleum
Lauren MuskettJanuary 15, 2021

Deidra Merriwether

Grainger promoted Deidra Merriwether to finance chief. Merriwether joined the industrial supply company in 2013 as head of North America finance and was most recently senior vice president and president of North American sales and services. Before that, she worked in various roles at Sears Holdings, PricewaterhouseCoopers, and Eli Lilly. She currently serves on the board of directors at timberland company Weyerhaeuser Company and the Ann and Robert H. Lurie Children’s Hospital of Chicago. Merriwether replaces interim CFO Rob O’Keef, who will resume his role as vice president and treasurer.

Lavanya Chandrashekar will take over as CFO at spirit and beer producer Diageo on July 1. Chandrashekar, who joined the company in 2018, is currently chief financial officer of Diageo North America and global head of investor relations. She previously worked at Mondelēz International, most recently as vice president of finance, global cost leadership, and supply chain. Before that, she spent 18 years at Procter & Gamble in senior finance positions. Chandrashekar replaces Kathryn Mikells, who is leaving the company at the end of June after almost six years as finance chief.

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Michelle DeBella

Michelle DeBella was named CFO at Knock, a company that helps consumers buy a new home before selling their old one. DeBella joins the company from Lyft, where she was vice president of finance transformation and governance. Before joining Lyft in 2019, she was the global head of internal audit at Uber. At both Lyft and Uber, DeBella scaled each companies’ finance organizations in preparation for their IPOs. Previously, she spent more than eight years at Hewlett Packard Enterprise, most recently as vice president of internal audit. Earlier in her career, DeBella spent nearly 17 years at Ernst & Young.

Thomas Kelly is taking over as chief financial officer at Monster Beverage. Kelly has been executive vice president of finance and/or controller and secretary of Monster Energy Company since 1992. Kelly replaces Hilton Schlosberg, who has been CFO at the beverage company for over 23 years. Schlosberg resigned as president, chief financial officer, chief operating officer, and secretary to take on the role of co-chief executive officer. Schlosberg will share the role with Rodney Sacks, who has served as CEO since 1990.

Jamie Cohen

Vacasa appointed Jamie Cohen as the vacation rental management platform’s chief financial officer. Cohen is the former CFO of digital home services marketplace ANGI Homeservices, a position she left on January 1. Before becoming CFO in 2019, Cohen had been executive vice president of finance and accounting for ANGI since September 2017. At ANGI, she worked on the reverse merger of HomeAdvisor with Angie’s List and the simultaneous public offering of ANGI Homeservices.

Bea Ordonez will take over as the new finance chief at Sterling Bancorp on March 1. Ordonez was most recently was CFO at financial services company OTC Markets Group. Before that, she worked at global brokerage and trading-related services provider Convergex Group as chief operations officer and managing director for 13 years. Ordonez replaces Luis Massiani, who will become chief operating officer and remain president at the bank.

Chirag Shah

Chirag Shah will be promoted to CFO at Cornerstone on February 1. Shah, currently senior vice president and general manager of growth markets, joined the people development solution provider in 2009. He has helped lead Cornerstone through its IPO in 2011 and supported four acquisitions. Earlier in his career, Shah was an investment banker focused on mergers and acquisitions. He replaces interim CFO Trish Coughlin, who will continue in her role as chief accounting officer.

Scotts Miracle-Gro promoted Cory Miller to senior vice president and interim CFO. During his more than 20-year tenure, Miller has held a series of corporate and operating roles, culminating in his current role as vice president of finance at Hawthorne Gardening Company, the company’s subsidiary for indoor and hydroponic growing. Miller takes over for long-time CFO Randy Coleman, who has left the company.

Sherri Baker

Sherri Baker will become the new chief financial officer at electrified powertrain solutions provider Hyliion on February 8. Baker was previously CFO at window and door manufacturer PGT Innovations. Before that, she held several roles at dairy subsidiary Dean Foods Company, including vice president of commercial finance and vice president of investor relations, strategy, and corporate finance. Earlier, she spent 13 years at PepsiCo subsidiary Frito-Lay in a succession of finance and accounting roles.

Nathan Winters

Zebra Technologies named Nathan Winters as chief financial officer. Winters joined the technology company in 2018 and was previously the company’s vice president of corporate financial planning and analysis and business operations. Before that, Winters served in financial roles for GE for more than 16 years, where he held multiple CFO positions, most recently serving as CFO of GE healthcare global supply chain.

Marathon Petroleum hired Maryann Mannen as finance chief, effective January 25. Mannen has served as chief financial officer at TechnipFMC since 2017. Before that, she was chief financial officer at FMC Technologies before its merger with Technip SA, which she helped negotiate and execute. Earlier in her career, she served as the company’s deputy chief financial officer and treasurer from 2010 to 2011 and vice president of administration from 2007 to 2010. Mannen succeeds Donald Templin, who is retiring.