CFOs On the Move: Week Ending April 14

Walmart, Moderna, Pfizer, Lowe’s, Nutanix, Hyzon Motors, McCarthy Holdings, Notarize, Nexthink, Grove Collaborative
Lauren MuskettApril 14, 2022
CFOs On the Move: Week Ending April 14
Photo: Getty Images

  John Rainey

Walmart hired John Rainey as the retail giant’s new finance chief, effective June 6. Rainey works at PayPal, where he is CFO and executive vice president of global customer operations. Before PayPal, Rainey was CFO at United Airlines and spent a combined 18 years between United and Continental Airlines. He is also on Nasdaq’s board of directors, where he is a member of the audit committee and chair of the finance committee. Rainey replaces long-time CFO Brett Biggs, who will stay as an adviser until he leaves the company January 31.

  Jorge Gomez

Moderna appointed Jorge Gomez as the biotechnology company’s new chief financial officer, effective May 9. Gomez most recently worked at dental equipment manufacturer  Dentsply Sirona, where he has been chief financial officer since August 2019. Before that, he spent 13 years at Cardinal Health, most recently serving as CFO. Before becoming CFO, he held several other positions, including medical segment CFO, pharmaceutical segment CFO, corporate treasurer, and corporate controller. Gomez worked at General Motors earlier in his career. Current Moderna CFO David Meline is retiring and will remain with the company as a consultant.

David Denton will take over as finance chief at Pfizer on May 2. Denton joins the drugmaker from home improvement chain Lowe’s, where he has been CFO since 2018. Before that, he was CFO of CVS Health, where he played a role in CVS’s acquisition of Aetna. Before becoming CFO at CVS, he held several leadership roles, including senior vice president and controller/chief accounting officer. Denton succeeds Frank D’Amelio, who is retiring after 15-years as Pfizer’s CFO. 

  Brandon Sink

Lowe’s promoted Brandon Sink to chief financial officer, replacing outgoing CFO David Denton. Sink, who is currently senior vice president of retail finance, joined the company in 2010 and has held several positions in the finance organization, including vice president of merchandising finance and vice president of enterprise strategy. Before joining Lowe’s, he held accounting and finance positions with Deloitte and Nucor. 

  Rukmini Sivaraman

Cloud software provider Nutanix promoted Rukmini Sivaraman as CFO, effective May 1. Sivaraman joined the company in 2017 and is currently senior vice president of financial planning and analysis. During her time at the company, she has been chief people officer and senior vice president of people and business operations. Sivaraman previously spent eight years as an investment banker at Goldman Sachs. She replaces Duston Williams, who is leaving to become CFO of a pre-IPO company.

Samuel Chong has been appointed CFO of Hyzon Motors. Most recently, Chong was treasurer and head of investor relations at energy storage technology and services provider Fluence Energy. Previously, he was the treasurer of in-flight internet provider Gogo. At Gogo, Chong helped to lead a series of debt refinancing and strategic initiatives. Chong replaces Mark Gordon, who has been CFO since August 2020. 

  Kristine Newman

Construction company McCarthy Holdings promoted Kristine Newman to chief financial officer. Newman joined the company in 2005 as controller for the builder’s Southwest region and was previously vice president of finance and senior vice president of finance. In 2019, she took over as executive vice president of finance and became a member of McCarthy’s enterprise leadership team. Newman began her career with Arthur Andersen, where she worked on audit and consulting engagements. Newman replaces Doug Audiffred, who is retiring.

Notarize hired Kartik Ramachandran as its first chief financial officer. Before joining the online notarization company Ramachandran held several CFO and executive leadership positions, including deputy CFO at Splunk, president of Asia Pacific and CFO international at Groupon, vice president of finance at Activision Blizzard, and CFO and chief operating officer at Xome. He started his career as a management consultant at Accenture. 

  Roberto Simon

Nexthink, a digital employee experience management software provider, named Roberto Simon as finance chief. Simon’s previous CFO experience includes six years at B2B payments company WEX as well as three years at professional beauty company The Colomer Group. At The Colomer Group, Roberto supported the acquisition by cosmetics company Revlon. After the sale, Roberto went on to become Revlon’s finance chief.

  Sergio Cervantes

Grove Collaborative hired Sergio Cervantes as its new CFO. Cervantes’ finance experience in global consumer products includes 18 years with Unilever and four years at Gillette. For the past six years, Cervantes has been CFO of Murad, a high-end skin-care brand acquired by Unilever in 2015. At Murad, Cervantes led the post-acquisition integration into Unilever’s beauty and personal care prestige division. In June 2021, Cervantes took on the additional role of acting CEO of Murad. Cervantes replaces interim co-CFOs Phil Moon and Janae De Crescenzo, who will continue with the household and personal care product company as vice president of finance and chief accounting officer, respectively.