CFOs On the Move: Week Ending June 18

Inspire Brands, Marcus, Daiya Foods, Orchard, SolaREIT, Lordstown Motors, Spark Networks,, RAVE Restaurant Group, Momentive

Kate Jaspon

Inspire Brands, the parent company of Arby’s, Buffalo Wild Wings, and Dunkin’, named Kate Jaspon as its new finance chief. Jaspon was previously chief financial officer of recently acquired Dunkin’ Brands. She joined Dunkin’ Brands in 2005 as assistant controller and was later promoted to vice president of finance and treasury and corporate controller. She was appointed chief financial officer in 2017. Jaspon led Dunkin’ through several transactions, including its 2011 IPO and follow-on equity offerings, securitization, and other debt transactions, the divestiture of the Togo’s brand, and the sale to Inspire. She replaces David Pipes, who is retiring after 18 years at the company.

Marcus, the consumer banking arm of Goldman Sachs, promoted Liz Ewing, a nine-year veteran of the bank, to CFO. Ewing joined Goldman in 2011 and co-managed its regulatory policy team before becoming chief of staff to Goldman CFO Stephen Scherr in 2019. She replaces Sherry Ann Mohan, who left Goldman Sachs for JPMorgan Chase in May.

How Startup CFO Grew Food Company 50% YoY

How Startup CFO Grew Food Company 50% YoY

This case study of JonnyPops’ success highlights the unusual financial and operational strategies that enabled rapid expansion into a crowded and highly competitive frozen treat market. 

Melissa Lee

Melissa Lee was named CFO at plant-based food company Daiya Foods. Lee most recently was vice president of corporate FP&A at Walmart. Lee held senior finance roles in merchandising, supply chain, store operations, and e-commerce over her 10 years with Walmart Canada. She started her career at Unilever Canada, where she held a range of business partnering and FP&A roles.

Patrick McClymont joined home selling startup Orchard as chief financial officer. Most recently, McClymont served as CFO and executive vice president at movie theater chain IMAX. Previously, he was chief financial officer at Sotheby’s and a partner in Goldman Sachs’ investment practice. He takes over for Sean Roberts, who will become chief operating officer.

Laura Klein

SolaREIT hired Laura Klein as the solar real estate investment fund’s chief financial officer and chief operating officer. Before joining SolaREIT, Klein founded Oriole Solar, a consultant to solar asset owners and a partner in KL Solar Development. She was previously managing director for development at Eagle Solar Group. Klein began her career in renewables at SunEdison in the project finance group, rising to managing director for project finance and later managing director for development for SunEdison’s distributed generation portfolio.

Lordstown Motors chief financial officer Julio Rodriguez has resigned from the electric vehicle pickup truck maker. Becky Roof will serve as interim CFO until a permanent replacement is named. Rodriguez’s immediate departure was part of a C-suite shakeup a week after the company issued a “going concern” warning. The management changes also include the exit of CEO Steve Burns.

David Clark

Social dating platform Spark Networks appointed David Clark as CFO, effective August 10. Clark has served as chief financial officer at software company Synchronoss Technologies since 2018. Before that, he was CFO of interactive dating platform The Meet Group. He also held CFO roles at Nutrisystem and Suncom Wireless, where he scaled the company to more than $800 million in revenue, before ultimately merging the company with T-Mobile. named Derek Yung as the online wine retailer’s chief financial officer. He most recently served as CFO of eHealth. Over his three years at eHealth, Yung helped the company grow revenue over 200% and more than triple its stock price. Before that, he was CFO at Hotwire, TicketFly, Tria Beauty, and NexTag. Yung began his career as a management consultant at Accenture.

Clint Fendley

RAVE Restaurant Group, the parent company of Pizza Inn and Pie Five Pizza, promoted Clint Fendley to chief financial officer, effective July 5. Fendley joined the company in January 2020 as its vice president of finance. Before joining the restaurant group, Fendley worked for 7-Eleven’s finance and data analytics teams. He began his finance career as an auditor for Price Waterhouse. He also served as a senior research analyst at Davenport & Company before becoming the company’s first vice president in 2009.

Momentive, formerly SurveyMonkey, promoted Justin Coulombe to finance chief, effective June 28. Coulombe joined the company in 2019 as vice president of finance and was promoted to senior vice president in early 2021. Before that, he held various finance leadership roles at internet company Box. He previously held financial planning and analysis, strategy, and corporate development leadership positions at Autodesk.