CFOs On the Move: Week Ending July 24

Joanne Crevoiserat

Tapestry, the guardian business of Coach, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as interim chief executive officer. Crevoiserat requires in excess of for chairman and CEO Jide Zeitlin, who resigned from the business and its board of directors for personalized factors. Crevoiserat has been the chief monetary officer at Tapestry considering that August 2019. She joined the business from Abercrombie & Fitch, where she was employed as chief monetary officer. She held a variety of leadership positions during her tenure at the retailer, which include executive vice president, chief running officer, and interim principal executive officer. Right before that, she served in quite a few senior administration roles at Kohl’s. She previously held senior finance positions with Walmart Retailers and May possibly Section Retailers, which include chief monetary officer at the Filene’s, Foley’s, and Famous-Barr makes. Andrea Shaw Resnick, world-wide head of trader relations and company communications, will stage in as interim CFO.

Mike Santomassimo

Mike Santomassimo will turn into CFO at Wells Fargo in the drop. Santomassimo joins the business from BNY Mellon, where he was CFO considering that 2018. Previously, he served as CFO for the company’s investment companies companies. Right before signing up for BNY Mellon, he invested 11 several years at JPMorgan Chase in quite a few important finance leadership roles, including CFO for banking, which incorporated investment banking and treasury companies. He also served as CFO of JPMorgan’s Securities Products and services and U.S. Non-public Banking companies. He started his vocation at Smith Barney. Santomassimo succeeds John Shrewsberry, who has is retiring right after 22-several years at the business, which include the last six several years as CFO. Shrewsberry will go on in his function as CFO until finally Santomassimo joins the business and will assist with the changeover.

BNY Mellon named Emily Portney as chief monetary officer to exchange Mike Santomassimo. Portney most just lately led the customer administration, profits, and provider teams for BNY Mellon’s asset servicing organization globally. She also oversaw the Americas region of the asset servicing organization. Right before signing up for BNY Mellon, she was chief monetary officer at Barclays Worldwide. She invested 22 several years at JPMorgan, where she was the world-wide head of clearing and collateral administration, among the other roles. She commenced with JPMorgan in 1993 and performed a variety of roles throughout her vocation, which include the CFO of equities and prime companies.

Wailun Chan

Wailun Chan is the new finance chief at payment processing business Plastiq. Chan joins the business from LinkedIn, where he was vice president of finance. Although at LinkedIn, he helped guide the business as a result of its IPO and developed, scaled, and managed several finance teams. Right before that, Chan was studio finance controller at Electronic Arts, profits finance chief at Nestle, director of profits and marketing and advertising finance at Standard Electric powered Money, and FP&A manager at Kraft Specialty Cheese.

Drugmaker Biogen appointed Michael McDonnell as chief monetary officer. McDonnell was most just lately CFO at lifetime-sciences business IQVIA. McDonnell was previously finance chief at satellite business Intelsat, commercial finance business MCG Money, and satellite television operator EchoStar Communications. Earlier in his vocation, he invested fourteen several years at PricewaterhouseCoopers, which include 4 several years as a associate. McDonnell succeeds Jeffrey Capello, who has been CFO at the business considering that 2017. Capello will stage down from his present function when McDonnell is appointed on August fifteen. Capello will continue to be with the business until finally September fifteen to aid with the changeover.

Virgin Hyperloop appointed Raja Narayanan as chief monetary officer. Raja was most just lately senior vice president at Hyundai-Aptiv Autonomous Driving Joint Enterprise, which was focused on commercializing L4 autonomous driving engineering. He was portion of a broader executive workforce at Aptiv that led to the generation of the joint venture valued at $4 billion. Right before that, Raja worked on a specific assignment at OneWeb to aid launch a commercial aviation initiative. He was the vice president of conceptualization and launch of strategic initiative at Panasonic ahead of that.

Alec King

Alec King will turn into CFO at Memorial Hermann Wellness Method in October. King will oversee monetary functions for its 17 hospitals and a lot more than three hundred care shipping web-sites. King joins the business from Children’s Countrywide Wellness Method, where he was CFO. Right before that, King held several monetary leadership roles within Texas Children’s Hospital in Houston for in excess of 9 several years. King is board director of Safe Children Around the world and Brainy Camps Healthcare Education Youth Camps. King succeeds Brian Dean, who has served as CFO considering that 2018 and just lately relocated to California. Cindy DeMoya, senior vice president and chief accounting officer, will serve as interim CFO until finally King assumes his new function.

Drinking water engineering business Xylem named Sandra Rowland as CFO. Considering that 2015, Rowland has served as chief monetary officer at customer electronics business Harman Worldwide Industries, a subsidiary of Samsung. Right before Harman, Rowland held quite a few positions at Eastman Kodak Business, which include chief monetary officer of the commercial section. She is also a member of the board of directors and audit and human resources committees of industrial manufacturer Oshkosh Company. Rowland succeeds Mark Rajkowski, who is retiring at the finish of the year.

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