CFOs On the Move: Week Ending February 11

Hertz, PVH, Darigold, Raytheon, Arc’teryx, Peloton, Veda, Solo Brands, Quest Diagnostics, Literati, ASRC Federal, Centogene N.V.
Lauren MuskettFebruary 11, 2022
CFOs On the Move: Week Ending February 11
Photo: Klaus Vedfelt

Stephen Scherr

Stephen Scherr, who was finance chief of Goldman Sachs until the end of last year, will take over as CEO of rental-car company Hertz on Feb. 28. Scherr spent nearly three decades at Goldman Sachs, leading the company into consumer banking by building its Marcus division and launching AppleCard. Scherr was previously chief operating officer of Goldman’s investment banking division, global head of the financing group, and chief strategy officer.

Zac Coughlin was named chief financial officer at fashion company PVH, effective April 4. Coughlin joins PVH, whose brands include Calvin Klein and Tommy Hilfiger, from DFS Group Limited, a subsidiary of LVMH Group, where he was group CFO and chief operating officer. Before that, he was finance chief of Nike’s Converse division. Coughlin started his career with Ford Motor, where he held several global financial leadership roles. Coughlin replaces interim CFO Jim Holmes, who will return to his role as executive vice president and controller. 

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Cor van den Berg

Dairy cooperative Darigold hired Cor van den Berg as its new CFO. Van den Berg held several finance positions in his nearly 20 years with food products company MARS, including CFO of its health and nutrition division, CFO of its North American food operations, and global director of strategic revenue management. Van den Berg most recently held a variety of senior finance positions, including interim CFO, at research center and hospital City of Hope.

Three senior executives in Raytheon’s missiles division, including the CFO, have left the company, according to a Bloomberg report that cites an internal email. The vice president of contracts and general counsel have also left the aerospace contractor. A new chief financial officer for the division was named while the search for the other positions has begun. The departures comes as the company faces a U.S. Department of Justice investigation into “cost reporting and other financial matters involving defense contracts at the missiles division dating back several years.” 

Chris Tham

Canadian outdoor clothing company Arc’teryx appointed Chris Tham as its first CFO. Tham was previously chief financial officer at optical retail chain Bailey Nelson. Before that, he led financial operations in the Asia Pacific, Europe, the Middle East, and Africa regions for Lululemon. Tham was instrumental in scaling Lululemon’s FP&A team and capabilities to support the company during a period of hyper-growth, as it grew from $350 million to $2.6 billion in annual revenue in nine years.

Barry McCarthy, who was previously finance chief at Spotify and Netflix, has been appointed CEO and president of Peloton, effective on Feb. 9. He will also have a board seat. McCarthy has been on the boards of Spotify and Instacart since January 2020 and January 2021, respectively. McCarthy replaces the fitness company’s co-founder John Foley, who will become executive chair.

John Pharr

Veda appointed John Pharr as the data automation company’s first CFO. Pharr was most recently vice president of finance and operations at high-tech fitness brand Mirror. He previously held the role of head of finance and operations at data platform Quovo.

Chief financial officer Sam Simmons will leave Solo Brands this year. Simmons will remain as CFO until the outdoor lifestyle brand names his successor and then will support the transition. During his time at Solo Brands, Simmons integrated three acquired brands and led the company’s IPO in 2021.

After eight years as CFO at Quest Diagnostics, Mark Guinan will retire this year. The company has started a search for his successor and Guinan will stay in his role through the transition. Before joining Quest in 2013, Guinan was finance chief at medical technologies manufacturer Hill-Rom Holdings. Before that, he worked at Johnson & Johnson, where he served as chief procurement officer, and earlier as vice president of group financial pharmaceuticals.

Book subscription company Literati hired J. Scott Di Valerio as its first CFO and chief operating officer. Di Valerio most recently held the same roles at lifestyle subscription company FabFitFun, which he joined in May 2020 as its first CFO. Di Valerio was previously CFO and COO at IT company Spiceworks and CFO at RetailMeNot. Earlier in his career, he held leadership roles at Lenovo Group, Microsoft, and The Walt Disney Company. 

Jon Taglieri

ASRC Federal named Jon Taglieri as its new CFO. Before joining ASRC Federal, he led corporate and business finance operations for Booz Allen Hamilton. For 18 years before that, Taglieri worked at IT company CSC/DXC, where he was CFO of its $3 billion European division, CFO of its $1.5 billion Americas managed services business, and lead the financial systems integration of a global $25 billion business after multiple acquisitions.

René Just, CFO at Centogene N.V., will leave the rare-disease research company after less than a year in the role. Just, who took over as CFO in June 2021, will resign effective March 31. Miguel Coego Rios has joined the company as executive vice president of finance and legal and interim CFO. Rios was most recently vice president and general manager of South Europe at Orphazyme A/S, a late-stage clinical biotech.