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CFOs On the Move: Week Ending September 9

Truist, Avnet, Shopify, OneSpan, PartnerRe, Joann, Red Arts Capital, Vacations By Rail, RXO
Lauren MuskettSeptember 9, 2022
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  Mike Maguire

Mike Maguire | Truist

Mike Maguire was promoted to finance chief of Truist, effective Sept. 15. Maguire is currently chief consumer finance and payments officer of the financial services company formed from the merger of SunTrust Bank and BB&T in 2019. Before that, Maguire was head of enterprise partnerships and investments in the fintech sector at SunTrust. He also led the technology and services investment banking group for SunTrust Robinson Humphrey. Maguire replaces Daryl Bible, who is retiring. 

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  Ken Jacobson

Ken Jacobson | Avnet

Electronic components distributor Avnet promoted Ken Jacobson to finance chief. Jacobson joined Avnet in 2013 as vice president and corporate controller, and was interim CFO from 2017 to 2018. As corporate controller, Jacobson had global leadership responsibility for the finance organizations within each of Avnet’s business units, as well as management oversight of its global supply chain engagements.

Jeff Hoffmeister | Shopify 

Jeff Hoffmeister was appointed CFO of Shopify. Hoffmeister joins the e-commerce company from Morgan Stanley, where he spent over two decades in technology investment banking. He has helped lead IPOs for dozens of companies, including Shopify’s in 2015. Hoffmeister succeeds Amy Shapero, who is stepping down on Oct. 27.

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  Jorge Martell

Jorge Martell | OneSpan

OneSpan, a digital agreements security company, hired Jorge Martell as finance chief. Martell most recently was CFO and treasurer of Extreme Reach, a creative logistics company. Before assuming the CFO role, Martell was Extreme Reach’s vice president of finance and corporate controller. Martell was previously assistant corporate controller, director of finance, and treasurer at Sapient. Martell replaces interim CFO Jan Kees van Gaalen.

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  Abina Kealy

Abina Kealy | PartnerRe

Reinsurer PartnerRe promoted its chief accounting officer, Abina Kealy, to chief financial officer. Kealy joined the company in 2009 and has held several senior finance roles, including CFO of Europe and the Asia-Pacific region and controller for the property and casualty business. She was also head of group planning within the FP&A department. Kealy succeeds Nick Burnet, who is leaving the company.

Scott Sekella | Joann

Scott Sekella was appointed CFO of crafts and fabrics retailer Joann. He most recently was vice president of corporate FP&A at Under Armour, which he joined in 2016 as senior director of FP&A. He earlier held roles of increasing responsibility at Crocs, where he ultimately was vice president and global controller. Previously, he held roles overseeing several aspects of finance at Henkel of America, Pfizer, and Ford Motor.

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Vanessa D’Cunha

Vanessa D’Cunha | Red Arts Capital

Supply chain-focused private equity firm Red Arts Capital hired Vanessa D’Cunha as CFO. D’Cunha joins the company from Accord Financial, where she was director of finance. Her earlier roles include controller at recruiting firm Lantern Partners, vice president and controller of specialty finance company CapX Partners, and CFO of Commerz Futures.

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  Dave Riley

Dave Riley | Vacations By Rail

Vacations By Rail promoted group CFO Dave Riley to CEO. Riley joined the global rail travel and tour company in 2018 after holding leadership positions with Total Fitness, Good Hair Day, and Under Armour. Riley replaces Peter Liney, who is retiring after nine years as CEO.

Jamie Harris | RXO

XPO Logistics named Jamie Harris chief financial officer of RXO, the spinoff of its brokered transportation platform. He joins the transportation and logistics service provider from global manufacturer SPX Technologies, where he was CFO and treasurer. Before that, Harris was CFO and interim CEO of Elevate Textiles and CFO of Coca-Cola Consolidated, an independent Coca-Cola franchisee. He began his career with Ernst & Young. 

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