Human Capital: Page 20


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    CFOs On the Move: Week Ending November 5

    Nicoline O’Rorke McCann Worldgroup named Nicolina O’Rorke as global chief financial officer. O’Rorke joins the marketing company from NBC Sports, where she was senior vice president of NBC Sports Enterprises and general manager of sports betting and gaming. She previously was CFO of NBC Sports Re...

    By Nov. 5, 2021
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    Fitness-Tracking Platform Strava Hires Pinterest Exec as CFO

    Lily Yang Lily Yang is the new finance chief at Strava, a fitness-tracking platform where users can record their activities and share them with their community.Yang was most recently chief accounting officer at Pinterest, a role she has held since joining the social media platform in 2017. In 201...

    By Nov. 3, 2021
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    Hormel Names Ex-GE Exec Smiley as CFO

    Jacinth Smiley Hormel Foods has named Jacinth Smiley, a former GE executive with expertise in strategic planning, as its new CFO.Smiley joined Hormel earlier this year as group vice president of corporate strategy. The company said Friday she will succeed Jim Sheehan, who is retiring after 43 yea...

    By Matthew Heller • Nov. 1, 2021
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    CFOs On the Move: Week Ending October 29

    Valen Tong Streaming education platform MasterClass appointed Valen Tong as chief financial officer. Tong previously served as CFO and most recently as chief business officer of Beauty for All Industries, a beauty subscription company that includes brands IPSY and BoxyCharm. She helped scale the ...

    By Oct. 29, 2021
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    AIG Names Shane Fitzsimons as New CFO

    Shane Fitzsimons AIG has named insider Shane Fitzsimons as its new CFO, replacing Mark Lyons, as it prepares to spin off its life and retirement business.Fitzsimons joined AIG in 2019 as global head of shared services and was most recently serving as chief administrative officer. Lyons, who has s...

    By Matthew Heller • Oct. 26, 2021
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    Employer Group Launches Its Own PBM

    A nonprofit coalition of nearly 40 large public and private employers said Monday it had launched its own pharmacy benefit manager (PBM) to reduce drug costs.The Purchaser Business Group on Health said its EmsanaRx unit would address “the lack of accountability of the PBM industry to its employer...

    By Matthew Heller • Oct. 25, 2021
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    CFOs On the Move: Week Ending October 22

    George  Davis Intel CFO George Davis plans to retire in May 2022. Davis will continue to serve in his current role until his successor is appointed. Davis joined the semiconductor company in 2019 from Qualcomm, where he was CFO and executive vice president. During his tenure, he served on the com...

    By Oct. 22, 2021
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    Management Transition Filing Sows Confusion

    Vinco Ventures, focused on digital media and content technologies, traded lower on Wednesday following a management transition involving the company’s CEO and CFO.The company announced that Christopher Ferguson, former CEO of Vinco Ventures, agreed to a three-year deal to serve as a senior strate...

    By Oct. 20, 2021
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    Charter Communications Appoints New CFO

    Charter Communications promoted a company insider to finance chief as part of several executive appointments and promotions to its leadership team announced ahead of president John Bickham’s retirement at the end of 2022. The cable company promoted Jessica Fischer to chief financial officer effec...

    By Oct. 20, 2021
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    CFOs On the Move: Week Ending October 15

    Anthony Terry Marriott Vacations Worldwide promoted Anthony Terry to chief financial officer. Terry, who was most recently senior vice president of global operational finance, joined Marriott Vacation Club International in 1996 as manager of financial accounting was quickly promoted to roles of i...

    By Oct. 15, 2021
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    Lordstown Motors Names Adam Kroll as CFO

    Adam Kroll Adam Kroll will take over as chief financial officer of electric vehicle company Lordstown Motors on October 25.Kroll replaces interim chief financial officer Rebecca Roof, who will remain with the company in a transitional role through the end of the year. Roof was named interim CFO i...

    By Oct. 13, 2021
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    JetBlue Veteran Hurley Named Permanent CFO

    Ursula Hurley After three months of having the job on an interim basis, airline industry veteran Ursula Hurley has been appointed CFO of JetBlue Airways.Hurley has been the low-cost carrier’s acting finance chief since June when Steve Priest left JetBlue to become CFO of eBay. She was previously ...

    By Matthew Heller • Sept. 8, 2021
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    Most Companies Struggling to Hire Workers

    A growing number of companies are finding it difficult to hire and retain workers, with little relief in sight, according to Willis Towers Watson.The consulting firm said a survey of 380 employers it conducted earlier this month showed that 73% of respondents are having difficulty attracting empl...

    By Matthew Heller • Aug. 26, 2021
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    Exxon Turns to Outsider Mikells as New CFO

    Kathryn Mikells Exxon Mobil has named former United Airlines CFO Kathryn Mikells to lead its finance team, making her the first woman and outsider to join its management committee.Her appointment as CFO and senior vice president comes three months after activist investor Engine No. 1 led a shakeu...

    By Matthew Heller • July 20, 2021
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    Boeing Names Former GE Exec Brian West as CFO

    Brian West Boeing has named Brian West, a former General Electric executive and colleague of CEO Dave Calhoun, to lead its finance department.West will succeed Greg Smith, who is retiring next month after helping steer Boeing through the twin crises of the 737 Max grounding and the coronavirus pa...

    By Matthew Heller • July 1, 2021
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    JPMorgan Unveils New Health Care Venture

    Three months after abandoning a joint venture with Amazon and Berkshire Hathaway, JPMorgan Chase is taking another swing at disrupting corporate health care.The banking giant announced Thursday it had formed a new business unit, Morgan Health, that will focus initially on employees covered under ...

    By Matthew Heller • May 20, 2021
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    New SEC Enforcement Chief Alex Oh Resigns

    Alex Oh Alex Oh, the new head of the U.S. Securities and Exchange Commission’s enforcement unit, has stepped down after only a few days on the job.The SEC announced Oh’s resignation on Wednesday, citing only “personal reasons.” SEC Chair Gary Gensler had appointed her director of the Division of ...

    By Matthew Heller • April 29, 2021
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    CFO Editorial Staff
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    Boeing CFO Smith to Retire After 10 Years

    Greg Smith In a surprise move, Boeing said Tuesday that CFO Greg Smith had decided to retire after helping guide the company through the twin crises of the 737 Max grounding and the coronavirus pandemic.Smith, a 30-year Boeing veteran, had occupied the CFO seat for a decade, taking over as interi...

    By Matthew Heller • April 21, 2021
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    Uber to Switch to ‘Hybrid’ Work Model in September

    Uber has become the latest big tech firm to announce employees will work on site and remotely when its offices reopen, saying a “hybrid model” will promote productivity and workplace camaraderie.The rideshare company said that starting in September, employees can work from home up to two days a w...

    By Matthew Heller • April 15, 2021
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    Raytheon Names Neil Mitchill as New CFO

    Raytheon Technologies has appointed former United Technologies executive Neil Mitchill to succeed Anthony “Toby” O’Brien as CFO a year after the two companies merged to create an aerospace and defense behemoth.Raytheon said Mitchill’s appointment was effective April 7 and O’Brien, who had served ...

    By Matthew Heller • April 12, 2021
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    Corteva Names Dave Anderson as New CFO

    Veteran finance executive Dave Anderson is joining Corteva as its new CFO, adding the agribusiness company to a résumé that also includes Nielsen, Honeywell, and ITT Industries.Anderson’s appointment comes weeks after Corteva averted a proxy fight with Starboard Value LP by agreeing to give the a...

    By Matthew Heller • April 7, 2021
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    JCPenney Offloads $2.8 Billion in Pension Liabilities

    JCPenney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive their benefits.Under the terms of the deal, JCPenney transferred $2.8 billion in pension obligations for roughly 30,000 participa...

    By Matthew Heller • April 2, 2021
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    John Murphy to Retire as Adobe CFO

    John Murphy Adobe CFO John Murphy is stepping down after three years of guiding the software maker’s finances.Adobe said Tuesday that Murphy, 52, will retire this year “to spend more time with family and friends and focus on philanthropy” and it will be evaluating internal and external candidates...

    By Matthew Heller • March 24, 2021
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    Ex-GE CFO Miller Named Cargill Finance Chief

    Jamie Miller Agribusiness giant Cargill has named its first female CFO, appointing former General Electric executive Jamie Miller to succeed David Dines.Miller also broke the glass ceiling at GE, serving as its first female finance chief from November 2017 to February 2020. She had joined the com...

    By Matthew Heller • March 16, 2021
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    Heineken to Replace Laurence Debroux as CFO

    Harold van der Broek Heineken NV is replacing its CFO in another move to shake up top management as it focuses on its pandemic recovery plan.The world’s second-largest beer maker said Monday that Laurence Debroux will step down next month after six years as CFO and be succeeded by Harold van der ...

    By Matthew Heller • March 8, 2021