CFOs On the Move: Week Ending February 5

Merck’s chief financial officer, Robert Davis, will get in excess of as the pharma company’s CEO. Davis joined the business as CFO in 2014. Prior to Merck, he labored for Baxter Worldwide, where he was company vice president and president of health care solutions. He held a number of other positions for the duration of his tenure at Baxter such as president of its renal company, chief financial officer, and treasurer. Prior to that, he labored at Eli Lilly & Enterprise.​ Davis usually takes in excess of for chairman and CEO Kenneth Frazier, who has been chief executive since 2011. Frazier will retire on June thirty and will continue to serve on Merck’s board of directors as executive chairman for a changeover period.

Purchaser-loyalty and retail-benefits application Fetch Rewards employed Nupur Sadiwala as chief financial officer. Sadiwala was most recently CFO at Reebonz, Asia’s greatest luxurious e-commerce system. Prior to that, she was a vice president in the financial investment banking team at Goldman Sachs. There, she was an adviser on in excess of $seven billion of buy-side and sell-side M&A transactions throughout North America and Southeast Asia.

Stuart Burgdoerfer is retiring from his roles as CFO of L Manufacturers and interim CEO of Victoria’s Secret company. Martin Waters, currently CEO of Victoria’s Secret Lingerie, has been promoted to CEO of Victoria’s Secret company. Burgdoerfer will stay at the retailer as CFO by way of August 2021 while the business appears to be for his successor.

Pash Nangia has joined Royal Cup Espresso & Tea as its new chief financial officer. Nangia was most recently CFO at cheerleading business Varsity Spirit. Prior to that, Nangia was vice president of finance and information and facts technology at producer Ametek. Earlier in his profession, he labored at Cummins for virtually 20 years in a number of finance management roles. Nangia succeeds Chip Wann, who was promoted to president and chief executive officer in February 2020 from the position of chief functioning officer and performing CFO.

The Children’s Spot promoted Robert Helm to finance chief. Helm joined the retailer in 2016 and was most recently senior vice president of finance and stock management. Earlier in his profession, he held senior finance and accounting roles at Ralph Lauren, Contemporary Direct, and Rag & Bone. Helm usually takes in excess of for Michael Scarpa, who will retire at the conclude of March.

Wise World wide Holdings appointed Ken Rizvi as CFO. Rizvi joins the specialty memory and storage provider from semiconductor provider UTAC Holdings, where he was finance chief. Prior to that, he was CFO at Isola Group and served as vice president of finance and treasurer at Micron Technologies. Recent chief financial officer, Jack Pacheco, will continue in his roles as chief functioning officer of SGH and president of Wise Modular Technologies.

Electronic media business RealNetworks employed Christine Chambers as CFO. Chambers will be rejoining RealNetworks, getting labored in a variety of finance roles at the business for virtually a 10 years, most recently as vice president of finance. She has been vice president of finance at Rosetta Stone since 2018. Chambers replaces Judd Lee, who leaves the business in March.

Santiago Rubio was promoted to finance chief at Thought Money. Santiago Rubio joined the lending business in October 2017 as a financial planner. Santiago started his profession in the vehicle lending market, working at GM Money, where he held a variety of roles within the vehicle finance captive’s functions.

Virta Wellness appointed Alok Bhushan as chief financial officer. Bhushan joins the diabetic issues treatment method business from cosmetics business Charlotte Tilbury Natural beauty, where he served as CFO. Prior to that, Bhushan was a member of the executive workforce at electronic know-how research business Yext for virtually a 10 years. He assisted to expand Yext from an early-stage startup by way of its IPO.

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