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CFOs On the Move: Week Ending August 12

Axon, Sonos, JCPenney, New Relic, Revlon, Luckin Coffee, HYCU, Skillshare, Brinks, Performance Food Group, Jane, Kirkland’s

  Brittany Bagley

Brittany Bagley | Axon

Axon, maker of the Taser and other law enforcement devices, named Brittany Bagley as its new CFO. She will also hold the newly created position of chief business officer. Bagley joins the company from speaker maker Sonos, where she was CFO. She joined Sonos in 2019 after being an investor and board member. She previously spent 12 years at KKR, most recently serving as managing director, TMT private equity. Bagley replaces Jim Zito, who has been interim chief financial officer since May. Zito will return to his role as senior vice president of accounting. 

  Eddie Lazarus

Eddie Lazarus | Sonos

Sonos named Eddie Lazarus, the company’s chief legal officer, as interim CFO to replace outgoing CFO Brittany Bagley. Lazarus has been the speaker maker’s chief legal officer since 2019. Before joining Sonos, he was general counsel and chief strategy officer for Tribune Media Company, where he helped spin off multiple assets, its $2.7 billion acquisition of Local TV Holdings, and then subsequent $7.2 billion sale to Nexstar.

Stephanie Plaines | JCPenney

JCPenney has named Stephanie Plaines, effective immediately, as the retailer’s CFO. Plaines arrives at JCPenney following her role as CFO for real estate company, Jones Lang LaSalle. Plaines has also held key roles at Starbucks and Walmart, as CFO of U.S. retail, and CFO, SamsClub.com, respectively. 

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David Barter | New Relic

New Relic hired David Barter as the observability software maker’s new finance chief. Most recently, Barter was CFO of enterprise AI software provider C3 AI, where he led the company through its IPO. He previously was CFO at Model N and led finance teams at Microsoft, General Electric, and Guidewire Software. Barter takes over for Mark Sachleben, who is retiring from the company after 14 years.

  Matt Kvarda

Matt Kvarda | Revlon

Cosmetics maker Revlon, which filed for bankruptcy in June, is bringing in Matt Kvarda, managing director at consulting firm Alvarez & Marsal, as interim chief financial officer. Kvarda has held interim CFO roles at several companies, including TEAM and Jacuzzi Brands. He was a senior director at KPMG, and also previously held leadership positions at Arthur Andersen and Bank of America. Kvarda succeeds Victoria Dolan, who is retiring. 

Jing An | Luckin Coffee

Chinese coffee chain Luckin Coffee appointed Jing An as chief financial officer. An has previously held CFO positions at online service platform 58 Daojia and IT service management company ChinaCache International Holdings. An succeeds CFO Reinout Hendrik Schakel, who has been finance chief and chief strategy officer since January 2019. Schakel led the company’s restructuring following revelations that Luckin Coffee had fabricated more than $300 million of its reported 2019 sales and inflated certain costs and expenses. Schakel will continue in the role of chief strategy officer.

  Justin Schumacher

Justin Schumacher | HYCU

HYCU appointed Justin Schumacher as chief financial officer. Schumacher joins the multi-cloud backup as a service provider from JumpCloud, where he was vice president of finance. He was previously vice president of business operations at Uplight, Vice president of finance at Simple Energy, controller at SyncHR, and held senior management finance positions at SolidFire, Datalogix, and KPMG.

James Rosenstock | Skillshare

Online learning platform Skillshare named James Rosenstock as chief financial officer. Rosenstock was most recently CFO of Infinite Acquisition, a SPAC co-sponsored by LionTree and Thirty Five Ventures, a startup founded by basketball star Kevin Durant. Before that, he was executive vice president of international at WWE. Earlier he was co-CFO and chief strategy officer for business catering company ezCater. 

  Kurt McMaken

Kurt McMaken | Brinks

Brinks hired Kurt McMaken as its new chief financial officer. McMaken joins the security company from Eaton, an intelligent power management company, where worked in a number of financial and management positions since 2001. He most recently was senior vice president of operations finance and transformation. During his tenure, he was also president of the company’s operations in Europe, the Middle East, and Africa. McMaken replaces Ron Domanico, who has been CFO since 2016. Domanico will continue as president of Brink’s Capital until his retirement in June 2023.

Patrick Hatcher | Performance Food Group

Patrick Hatcher will transition to the CFO role of Performance Food Group. Hatcher is currently president and chief operating officer of the company’s Vistar business. He joined Vistar in 2010 and has held several executive leadership roles there, including vice president of finance and chief financial officer. Hatcher previously spent 10 years working at MillerCoors in finance and other functions. Hatcher succeeds Jim Hope, who is retiring. 

  Krista Kochivar

Krista Kochivar | Jane

Krista Kochivar was named CFO of online boutique marketplace Jane. Most recently, Kochivar was finance chief of smart mobility solutions provider Global Traffic Technologies. Before that, she held key investor relations roles and led corporate finance and M&A teams at Fortive, Weyerhaeuser, and PricewaterhouseCoopers. 

Mike Madden | Kirkland’s

Kirkland’s is bringing back its former CEO, Mike Madden, as chief financial officer. Since stepping down as CEO of the home goods retailer four years ago, Madden has been CFO at real estate investment firm Priam Properties. Madden worked at Kirkland’s for 18 years in several senior leadership and executive roles, including president and CEO from 2015 to 2018. He replaces Nicole Strain, who said she was stepping down last month. 

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