Tom Cowhey | CVS Health
CVS Health’s interim CFO and senior vice president of corporate finance, Tom Cowhey, has been formally appointed as its next CFO. Since joining CVS Health in Feb. 2022, Cowhey has overseen investor relations, corporate development, treasury, and finance operations, working closely with departing CFO, Shawn Guertin. Cowhey was previously CFO of Surgery Partners and worked at Aetna for over a decade in strategy and finance roles. Former CVS CFO Guertin took a leave of absence in Oct. 2023 due to family health reasons. Guertin has stepped down as CFO and president of health services and will leave the company at the end of May.
Robert Houghton | Life Time
Life Time CFO Robert Houghton abruptly resigned on Dec. 31, about 16 months after joining the fitness center operator. Houghton, who was previously senior vice president of finance for United Natural Foods, will leave LifeTime effective on Jan. 5. Erik Weaver, who has worked at the company for 20 years and has been chief accounting officer and controller since May 2022, took on the additional role of interim CFO effective Jan. 1.
Kate Clune | Piper Sandler
Kate Clune officially became the new CFO of Piper Sandler on January 1. Clune joins the investment bank from Evercore, where she was most recently treasurer and head of planning and strategy. She previously worked at Morgan Stanley for 17 years, holding roles across operations, sales and trading, and finance. She was CFO of Morgan Stanley’s U.S. banks and global head of FP&A. Clune replaces Tim Carter, who is retiring after holding the post for six years. He will remain with Piper Sandler through April.
Elliot Maltz | Alimera Sciences
Alimera Sciences hired Elliot Maltz as the global pharmaceutical company’s CFO. Maltz was most recently chief financial officer of global biotech company Orgenesis. Before that, he was with biotechnology company Gelesis Holdings, where he advanced from corporate controller to vice president of finance and then to chief financial officer while leading operational and fundraising initiatives. Maltz began his career as an audit manager for Deloitte & Touche before joining Sapient, where he was the technical accounting and SEC reporting manager. Maltz replaces Russell Skibsted, who leaves Alimera Sciences after one year for unexplained reasons.
Jay Wells | Americold
Temperature-controlled warehousing and transportation company Americold appointed Jay Wells as finance chief, effective Jan. 15. Wells joins Americold after being CFO of Primo Water for 11 years. Before that, Wells worked at Molson Coors Beverages for six years, most recently as chief financial officer of its Canada division. Earlier in his career, Wells spent 15 years as a partner at Deloitte. Wells replaces Marc J. Smernoff, Americold’s CFO for the past eight years, who will leave the company on Jan. 12.
Michael Mullican | Groundworks
Michael Mullican was named chief financial officer of Groundworks, a foundation and water management solutions company. Mullican was previously president and CFO of sports and outdoors retailer Academy Sports + Outdoors. During Mullican’s more than six years at Academy Sports + Outdoors, he also held the titles of executive vice president and general counsel. Mullican oversaw the retailer’s initial public offering in 2020. Mullican previously held management roles at Meijer and Family Dollar Stores.
Kris McBride | CubicPV
Solar manufacturer CubicPV named Kris McBride as chief financial officer. McBride joined the company from Baker Hughes, where he was a divisional CEO and CFO of the company’s digital solutions division. He worked at Baker Hughes for more than six years, joining the organization as part of the spin-out from GE. His last role at GE was CFO of it’s oil and gas digital solutions. McBride also held various key financial management positions throughout GE’s industrial and financial services businesses, including five years as part of the company’s corporate audit staff.
Eric Steele | Paytronix
Eric Steele was appointed CFO of Paytronix, a customer experience platform used by restaurants, convenience stores, and retailers. Steele most recently worked at Snap One, a smart living technology distributor, as senior vice president of finance and corporate development. While at Snap One, Steele played a key role in scaling the business to a public company with more than $1 billion in revenue. Earlier, he was a growth equity investor at Catalyst Investors. Steele replaces Lee Barnes, who will continue as the company’s chief data officer and take on additional responsibility as chief of staff.