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CFOs On the Move: Week Ending February 18

Volvo Group, CME Group, Paysafe, U.S. Steel, Prologis, Auctane, F&G, Armanino, Code42, Vulcan Materials, Orion Engineered Carbons, G&A Partners
Lauren MuskettFebruary 18, 2022
CFOs On the Move: Week Ending February 18
Photo: themacx

Tina Hultkvist

Tina Hultkvist will take over as chief financial officer of Volvo Group on March 15. Hultkvist joined the company in 1998 and is currently senior vice president of group reporting, tax, and control. Hultkvist succeeds Jan Ytterberg, who will step down as group CFO and continue as a senior adviser.

CME Group CFO John Pietrowicz plans to retire in 2023 after seven years in the role. The company promoted Lynne Fitzpatrick to the management team as deputy chief financial officer. She will succeed Pietrowicz when he retires. Fitzpatrick has worked as managing director of treasurer and head of corporate development since 2017.

Rachel McShane

Rachel McShane was appointed chief financial officer of Paysafe‘s digital wallets division. McShane joins the payments platform from Barclays, where she was most recently head of finance for the corporate bank and commercial finance director for transaction banking. Before Barclays, she worked in corporate tax advisory and transaction services at KPMG.   

U.S. Steel finance chief Christine Breves will leave the company this year. Breves will remain chief financial officer while the company looks for a permanent replacement. She has agreed to stay with the company through the year as executive vice president of business transformation. Breves joined U. S. Steel in 2013 as vice president and chief procurement officer and was appointed senior vice president of manufacturing support and chief supply chain officer in 2017.

Tim Arndt

Prologis promoted Tim Arndt to finance chief. Arndt, who is currently managing director of treasury, will take over on April 1 for long-time CFO Tom Olinger, who will retire. Arndt joined AMB, which merged with Prologis in 2011, in 2004. He was a portfolio manager for the company’s strategic capital business. He previously worked in real estate strategy at Gap and in debt capital markets at Forest City Enterprises.

Logistics company Auctane appointed Chris Nester as chief financial officer. Nester was previously CFO at third-party logistics provider Transplace from 2018 to 2021. While at Transplace, the company experienced significant growth leading to its private equity sale to Uber Technologies in 2021. Before that, he worked at travel technology company Sabre for 12 years, most recently as senior vice president and treasurer. 

Wendy JB Young

Insurance company F&G promoted chief risk officer Wendy JB Young to chief financial officer. Since joining the company in 2000 as an actuary, she has held several actuarial, finance, and reinsurance functions. She was instrumental in F&G’s initial debt raise and its 2013 IPO. 

John Kogan will take over as CFO at accounting and consulting firm Armanino on March 1. Kogan was most recently a partner of strategic accounting and finance. He has previously held operating finance roles at Allied Signal and Cisco. He was CFO and CEO at finance discussion platform Proformative, and served as vice president of finance at Cardinal Health. He replaces Chris Siegfried, who is taking a position in Armanino’s internal technology implementation team.

Maria Izurieta

Cybersecurity software company Code42 hired Maria Izurieta as its chief financial officer. Izurieta was previously CFO at managed detection and response provider Expel, achieving a $1B valuation during her tenure. She also held CFO roles at Challenger, 3Pillar Global, and Wireless Matrix. She was also a board member and audit committee chair of ExactEarth, a data services provider of maritime vessel data for ship tracking.

Vulcan Materials named Mary Andrews Carlisle as its new CFO. Carlisle joined Vulcan in 2006 and was most recently vice president of finance. She will take over on Sept. 1 when CFO Suzanne Wood retires. Wood will continue in a consulting capacity until the end of the year.  

Jeffrey Glajch

Jeffrey Glajch will join Orion Engineered Carbons as CFO on April 18. For the last 13 years, Glajch was CFO at Graham, a designer and manufacturer of vacuum and heat transfer equipment. Before that, he held senior financial roles at several companies, including Fisher Scientific and Walt Disney. Glajch replaces Bob Hrivnak, who is currently interim CFO and chief accounting officer. Hrivnak will continue as chief accounting officer.

G&A Partners appointed Jim Mack chief financial officer of the HR outsourcing provider. Most recently, Mack was managing director of TAG Financial Institutions Group. He previously held several executive positions, including area president for ADP TotalSource, vice president of finance for Kelly Services’ Americas Product Group, president and CFO of AccesspointHR’s PEO division, and CFO of Trion Solutions.