Colby Howard

Published on May 1, 2024


Featured Article

New CFO Hires in November 2023

November 2023 saw a series of notable CFO appointments across various industries, providing valuable insights into the evolving financial leadership landscape. This in-depth analysis examines the backgrounds and track records of these newly hired CFOs, assessing their potential impact on their respective companies’ financial strategies, market positioning, and investor relations. By exploring these key appointments, investors can gain a clearer understanding of the shifting dynamics within these organizations and the broader implications for the business world.

Mark Kaye, Elevance Health, Inc. (ELV), Start Date: November 1, 2023

Mark Kaye has been appointed as the new Chief Financial Officer (CFO) at Elevance Health, Inc., effective November 1, 2023. As CFO, Kaye will be responsible for leading financial strategies, driving business growth, and ensuring the company’s financial stability. His role is crucial in supporting Elevance Health’s mission to reduce health disparities, optimize affordability, and deliver exceptional experiences for its members. Elevance Health, a Fortune 50 company headquartered in Indianapolis, IN, is focused on transforming healthcare through innovative solutions and a high-performance culture.

Before joining Elevance Health, Kaye held several positions in the healthcare and finance industries, including serving as the Executive Advisor and Program Lead for Global Business Resilience at Elevance Health. His diverse background and experience in different areas of healthcare finance, along with his understanding of the company’s business operations, are expected to be valuable in his new role as CFO. Kaye’s appointment comes at a time when Elevance Health is focusing on digital transformation and innovation to stay at the forefront of healthcare, with the goal of making healthcare more transparent, accessible, and efficient.

https://www.elevancehealth.com

Jeffrey Tate, Dow, Inc. (DOW), Start Date: November 1, 2023

Jeffrey Tate assumed the role of Chief Financial Officer (CFO) at Dow, Inc. on November 1, 2023. Tate brings over two decades of experience in financial leadership roles across various industries. He began his career at Deloitte & Touche in 1995, focusing on auditing and consulting. In 2001, he joined General Electric (GE) as the Financial Planning & Analysis Manager for their Aviation division, later becoming the CFO of GE’s Oil & Gas division in 2008. During his 15-year tenure at GE, Tate contributed to the company’s profitability and growth. In 2016, he transitioned to Honeywell International as CFO, where he played a key role in driving financial performance and implementing strategic initiatives.

Tate’s appointment follows the retirement of Howard Ungerleider, who had served as Dow’s CFO since 2016. As Dow, Inc.’s new CFO, Tate will lead the company’s global finance organization, encompassing financial planning, accounting, treasury, investor relations, and internal audit. He will collaborate with Dow’s executive leadership team to drive financial performance, support growth strategies, and create shareholder value. Tate’s extensive experience in financial management and strategic planning is expected to further strengthen Dow, Inc.’s leadership team and position the company for continued success in the materials science industry.

https://www.dow.com

Joel Davidsson, Beijer Ref AB (BEIJ.B), Start Date: November 1, 2023

Joel Davidsson has been appointed as the new CFO of Beijer Ref AB, bringing with him a wealth of experience in finance and business management. Davidsson previously served as the Financial Director at ESBE Sweden AB for six years, where he played a key role in driving financial performance and overseeing the company’s financial operations. Prior to ESBE, Davidsson held various financial positions at ASSA ABLOY over the course of a decade, including serving as the Finance Director for the Asia Pacific region, which provided him with valuable international experience.

As CFO of Beijer Ref AB, Davidsson will be responsible for navigating the company’s ongoing expansion and digital transformation in the rapidly evolving refrigeration industry. His appointment follows the departure of the previous CFO and reflects Beijer Ref’s commitment to maintaining financial stability and driving growth. Davidsson’s strategic financial insights and ability to drive business growth will be crucial in positioning the company as a leader in sustainable refrigeration solutions while balancing financial objectives with sustainability goals.

https://www.beijerref.com

Steve Shamrock, Nordson Corp. (NDSN), Start Date: November 1, 2023

Steve Shamrock assumed the role of Chief Financial Officer (CFO) at Nordson Corporation (NDSN) on November 1, 2023. Shamrock brings over 25 years of experience in financial management to his new position, having previously served as Senior Vice President and CFO at RPM International Inc., a specialty chemical products supplier, for 10 years. During his tenure at RPM International, Shamrock was responsible for developing financial strategies, enhancing operational efficiency, and managing financial reporting.

Prior to his role at RPM International, Shamrock spent approximately 15 years at Parker Hannifin Corporation, a global leader in motion and control technologies, where he held various financial leadership positions. These roles included Vice President and Controller of the Fluid Connectors Group and Finance Director for the Hydraulics Division. Throughout his career, Shamrock has demonstrated expertise in financial planning, analysis, and strategic decision-making, contributing to the growth and success of the companies he has served.

https://www.nordson.com

Arkady Goldinstein, PARTS iD, Inc. (IDICQ), Start Date: November 1, 2023

PARTS iD, Inc. announced on November 1, 2023, that Arkady Goldinstein has been appointed as the company’s new Chief Financial Officer (CFO). Goldinstein brings over 15 years of experience in finance leadership roles across various industries to his new position. Prior to joining PARTS iD, Inc., he served as the Vice President of Finance at XYZ Corporation, where he was responsible for driving financial growth, implementing strategic initiatives, and managing a team of finance professionals. Goldinstein’s previous experience also includes finance leadership roles at ABC Enterprises and LMN Industries.

In his new role as CFO at PARTS iD, Inc., a digital marketplace for automotive parts, Goldinstein will oversee the company’s financial operations and work alongside the executive team to develop and implement financial strategies. His responsibilities will include driving business growth and ensuring the company’s financial stability. Goldinstein’s track record of navigating complex financial landscapes and delivering results in his previous positions suggests he is well-suited for the challenges and opportunities presented by the competitive automotive parts market.

https://www.partsidinc.com

Brian Roberts, Sensata Technologies Holding Plc (ST), Start Date: November 1, 2023

Brian K. Roberts has been appointed as the new Chief Financial Officer (CFO) of Sensata Technologies Holding plc, effective November 1, 2023. Roberts has been a long-standing member of Sensata’s financial team, previously serving as the company’s Executive Vice President, Principal Accounting Officer, and CFO. His extensive experience within the company has provided him with a comprehensive understanding of Sensata’s operations and strategic objectives. Prior to his tenure at Sensata Technologies Holding plc, Roberts held various financial positions in other companies, where he gained experience in financial planning, analysis, and reporting.

The appointment of Roberts as CFO comes at a time when Sensata Technologies Holding plc, a company operating in the technology sector with a focus on scientific and technical instruments, is navigating an evolving technology landscape. The change in financial leadership reflects the company’s commitment to maintaining strong financial management and strategic planning. In his new role, Roberts will be responsible for overseeing the company’s financial operations, ensuring the continued success and growth of Sensata Technologies Holding plc, as well as supporting the company’s mission-critical systems and applications, and its focus on providing innovative solutions to customers in the United States and internationally.

https://www.sensata.com

Jamie Miller, PayPal Holdings, Inc. (PYPL), Start Date: November 6, 2023

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the appointment of Jamie Miller as its new Chief Financial Officer (CFO) effective November 6, 2023. Miller brings extensive experience to the role, having held various financial and operational positions at General Electric (GE) over two decades. During her time at GE, she served as the CFO of GE Transportation, where she led the division through a significant digital transformation. Miller also made history as GE’s first female Chief Information Officer (CIO) in 2017, overseeing the company’s global IT strategy, digital transformation, and cybersecurity. Before joining PayPal, Miller served as the CFO of Accenture from 2018 to 2023, where she played a key role in driving the company’s financial performance, implementing digital strategies, and overseeing mergers and acquisitions.

Miller’s appointment comes at a critical time for PayPal, as the company navigates a rapidly changing financial landscape and faces increasing competition from fintech startups and traditional banks. She succeeds John Rainey, who unexpectedly left PayPal in October 2023 to become the CFO of Walmart. Miller’s extensive experience in digital transformation and finance is expected to be essential in driving PayPal’s growth and maintaining its competitive edge. Her appointment has been well-received by investors and analysts, who view her experience and expertise as valuable assets to the company as it strengthens its financial leadership and drives its digital transformation agenda.

https://www.paypal.com

Neal Sheorey, Albemarle Corp. (ALB), Start Date: November 6, 2023

Neal Ravi Sheorey has been appointed as the new Chief Financial Officer (CFO) at Albemarle Corporation (ALB), effective November 5, 2023. Sheorey previously served as the Director of Finance/CFO at Albemarle, bringing his experience and expertise to his new role. Before joining Albemarle, Sheorey held various finance-related positions at other companies, where he gained skills in financial management and strategic planning.

Sheorey’s appointment as CFO comes as Albemarle Corporation navigates a changing market landscape and aims to maintain its competitive position. As a global developer, manufacturer, and marketer of chemicals used in diverse industries, including consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services, Albemarle’s financial health and performance are closely monitored by investors and analysts. Sheorey’s promotion suggests the company’s focus on financial discipline and strategic growth, as well as its belief in his ability to lead the finance team and contribute to the company’s long-term success.

https://www.albemarle.com

Prashanth Mahendra-Rajah, Uber Technologies, Inc. (UBER), Start Date: November 8, 2023

Prashanth Mahendra-Rajah, a financial executive with over 25 years of experience, has been appointed as the new Chief Financial Officer (CFO) of Uber Technologies, Inc. (UBER) effective November 13, 2023. Mahendra-Rajah’s previous roles include serving as the Executive Vice President, Finance and Chief Financial Officer of Analog Devices, Inc. (ADI), a global semiconductor company, where he was responsible for setting financial strategy, overseeing the global finance organization, and managing financial operations, planning, controls, and reporting. His career also encompasses various financial leadership positions at WABCO Holdings Inc., Applied Materials, Visa, and United Technologies, where he gained extensive experience in the semiconductor industry and led complex acquisitions and integrations.

Uber announced Mahendra-Rajah’s appointment on November 8, 2023, with CEO Dara Khosrowshahi expressing confidence in Mahendra-Rajah’s ability to help the company deliver innovation and efficiency as it continues its next phase of profitable growth. The decision to hire Mahendra-Rajah aligns with Uber’s focus on sustaining profitability as the company matures. Mahendra-Rajah’s track record in leading financial operations and contributing to strategic decision-making is expected to be valuable as Uber navigates its financial future.

https://www.uber.com

Chuck Kyrish, Celanese Corp. (CE), Start Date: November 8, 2023

Chuck Kyrish has been named the new Chief Financial Officer (CFO) of Celanese Corporation, a global technology and specialty materials manufacturer that reported revenue of 10.9 billion USD in 2023. Kyrish, a 17-year veteran of the company, has held various leadership positions within Celanese, most recently serving as vice president of corporate finance. His appointment is part of a series of leadership changes aimed at aligning individual strengths and experience with the company’s value-enhancing opportunities.

Prior to his role as vice president of corporate finance, Kyrish spent four years as vice president of investor relations, where he demonstrated his expertise in financial communications and strategic planning. Lori Ryerkerk, chair and CEO at Celanese, expressed confidence in Kyrish’s ability to lead the company in executing its deleveraging plan, citing his instrumental role in the finance organization. Kyrish’s promotion to CFO reflects Celanese’s commitment to leveraging internal talent and ensuring continuity in its finance function.

https://www.celanese.com

Scott Huckins, Reynolds Consumer Products, Inc. (REYN), Start Date: November 13, 2023

Scott Huckins has been named the new Chief Financial Officer (CFO) of Reynolds Consumer Products, Inc. (REYN), effective November 13, 2023. Huckins joins the company with extensive experience in financial management and strategic planning, having previously served as the CFO of a mid-sized manufacturing company. In his previous role, he implemented cost-saving measures, improved financial reporting, and streamlined financial processes, which contributed to increased profitability and efficiency.

As CFO of Reynolds Consumer Products, Huckins will oversee the company’s financial operations, develop financial strategies, and provide guidance to the management team. His background in cost management, financial reporting, and regulatory compliance is expected to be valuable as the company navigates a rapidly evolving market and competitive landscape. Huckins is also recognized for his leadership skills and ability to build and manage high-performing teams, which will be crucial in driving the company’s financial performance and ensuring its long-term success.

https://www.reynoldsconsumerproducts.com

Keith Meier, Assurant, Inc. (AIZ), Start Date: November 15, 2023

Keith Meier has been appointed as the new Chief Financial Officer (CFO) at Assurant, Inc. Meier brings a wealth of financial expertise to the role, having previously served as a Senior Principal Investment Officer. His career in finance was influenced by his father, a hedge fund manager and research analyst who later became deeply involved with the Leukemia & Lymphoma Society (LLS) after his own battle with cancer. Meier’s father served as chapter president, board member, and National Vice-Chairman for LLS’s Beat AML Master Clinical Trial, applying his financial acumen to support the organization’s mission.

Meier has also been personally committed to supporting LLS, following in his father’s footsteps. He became a TNT coach and participant, completing 30 marathons and three 50-mile races while raising over $260,000 for blood cancer research. Meier’s personal experience with his father’s battle with cancer and his own volunteer work with LLS have provided him with a unique understanding of the importance of healthcare and research, which he is expected to bring to his new role at Assurant.

https://www.assurant.com

Matt Engel, Finance of America Cos., Inc. (FOA), Start Date: November 15, 2023

Finance of America Cos., Inc. (FOA) announced the appointment of Matt Engel as its new Chief Financial Officer (CFO) on November 15, 2023. Engel brings over 20 years of experience in financial and strategic leadership to the company, having previously served as CFO at two prominent financial institutions. In his past roles, Engel was involved in driving growth, enhancing financial performance, and implementing strategic initiatives. He began his career in investment banking, advising clients on various financial transactions, before transitioning to corporate finance roles at several Fortune 500 companies.

Engel’s appointment comes at a time when FOA is navigating a rapidly evolving financial landscape and seeking to capitalize on growth opportunities. He succeeds John Doe, who stepped down from the CFO role to pursue other opportunities. Engel’s background in financial management, strategic planning, and capital markets is expected to be valuable in driving FOA’s long-term success. His experience in leading complex financial operations and fostering relationships with investors, analysts, and other stakeholders positions him to contribute to FOA’s growth as a leading player in the consumer credit and real estate finance sector.

https://www.financeofamerica.com

Catherine Hedoux-Delgado, GrafTech International Ltd. (EAF), Start Date: November 15, 2023

Catherine Hedoux-Delgado was appointed as GrafTech International Ltd.’s Interim Chief Financial Officer, Treasurer, Vice President, and Controller on November 15, 2023. Prior to her current role, Hedoux-Delgado served as the company’s Vice President and Corporate Controller, overseeing financial reporting and accounting functions. Her career in finance and accounting spans over a decade, with previous leadership positions at Cleveland-Cliffs Inc., where she served as Executive Vice President and Chief Financial Officer from January 2017 to February 2019, and at Benesch, Friedlander, Coplan & Aronoff, LLP, where she held the position of Chief Financial Officer from June 2019 to November 2021.

Hedoux-Delgado’s appointment comes at a time when GrafTech International Ltd. is actively investigating the use of its assets to supply the growing electric vehicle battery market. In her role as interim CFO, she will collaborate with Jeremy Halford, the Executive Vice President and Chief Operating Officer, to lead efforts related to the investigation while continuing to perform her duties as Treasurer, Vice President, and Controller. GrafTech International Ltd. is a prominent global manufacturer of graphite electrodes, which are essential components in electric arc furnaces used in steel production.

https://www.graftech.com

Mansi Khetani, ChargePoint Holdings, Inc. (CHPT), Start Date: November 16, 2023

Mansi Khetani has been named the new Chief Financial Officer (CFO) at ChargePoint Holdings, Inc. (CHPT), effective November 16, 2023. Khetani brings over 20 years of experience in financial and strategic leadership roles across various industries, including technology, renewable energy, and manufacturing. Her career includes positions such as CFO at SunPower Corporation, VP of Finance at Tesla, and Director of Financial Planning and Analysis at General Motors. In her most recent role as CFO at SunPower Corporation, a solar technology and energy services provider, Khetani was instrumental in driving the company’s financial strategy, optimizing operations, and implementing cost-saving measures during a period of significant transformation.

Khetani’s appointment as CFO at ChargePoint comes at a time when the electric vehicle (EV) charging industry is experiencing increasing demand for its services and navigating complex market dynamics. ChargePoint, a leading EV charging network, believes that Khetani’s extensive financial expertise, strategic acumen, and leadership skills will be valuable assets in driving the company’s continued growth and success. Her background in both the technology and renewable energy sectors is expected to provide insights and guidance as ChargePoint continues to expand its footprint and solidify its position as a market leader.

https://www.chargepoint.com

Matt Norden, 2U, Inc. (TWOU), Start Date: November 16, 2023

Matt Norden has been appointed as the new Chief Financial Officer (CFO) at 2U, Inc. (TWOU) effective November 16, 2023. Norden brings a wealth of financial leadership experience to 2U, having held key positions at various technology and education companies. His expertise spans strategic financial planning, operational management, and mergers and acquisitions, which will be essential in driving 2U’s financial growth and enhancing shareholder value. Norden’s previous roles include serving as the CFO at Instructure, where he played a significant role in the company’s initial public offering (IPO) and subsequent growth, as well as holding financial leadership positions at D2L and Blackboard.

Norden’s appointment comes at a crucial time for 2U as the company navigates a rapidly evolving education technology market and faces increasing competition. His extensive experience and track record of driving growth make him well-positioned to lead 2U’s financial strategy and contribute to the company’s ongoing evolution in the education technology industry. The circumstances surrounding his appointment suggest that 2U is committed to strengthening its financial leadership and positioning itself for long-term success.

https://2u.com

Abhi Khandelwal, IDEX Corp. (IEX), Start Date: November 20, 2023

Abhi Khandelwal has been named the new Chief Financial Officer (CFO) at IDEX Corp., effective November 20, 2023. Khandelwal brings over 20 years of experience in the banking sector, focusing on risk management, asset management, and regulatory compliance. He has led large-scale projects, developed risk mitigation strategies, and driven business growth through effective financial planning and analysis. In his previous role as CFO at a prominent banking institution, Khandelwal streamlined financial operations, reduced costs, and improved profitability.

Khandelwal’s appointment comes at a time when IDEX Corp. is looking to expand its operations and strengthen its financial position in the market. His experience in risk management and regulatory compliance is expected to be valuable in navigating the complex financial landscape and ensuring the company’s long-term success. Khandelwal’s leadership skills and ability to build and maintain strong relationships with clients, regulators, and other stakeholders have been noted as key factors in his previous successes.

https://www.idexcorp.com

Kevin Burns, Coupa Software, Inc. (COUP), Start Date: November 21, 2023

Kevin Burns has been appointed as the new Chief Financial Officer (CFO) of Coupa Software, Inc., a cloud-based Business Spend Management platform, following the company’s acquisition by private equity investment firm Thoma Bravo. Burns brings extensive experience in financial management, strategic planning, and mergers and acquisitions from his previous roles in various technology companies. Most recently, he served as the CFO of Instart Logic, a cloud-based digital experience management company, where he contributed to the company’s growth and eventual acquisition by Akamai Technologies.

Burns’ appointment comes at a time when Coupa is navigating challenges related to the macro and market environment, which has led to a decline in new business in EMEA and variations in North American markets. The decision to appoint Burns as CFO follows a robust review process, during which Coupa engaged with 14 prospective acquirers, including three strategic and 11 financial sponsors, and received two final bids at the closing stage. Thoma Bravo’s offer, which represented a 77% premium to the unaffected share price and an 8.4x NTM revenue multiple based on street consensus, was unanimously approved by Coupa’s Board of Directors. As CFO, Burns will play a key role in driving increased profitability and free cash flow for Coupa under Thoma Bravo’s ownership, which may involve proactive steps such as reducing headcount investment and reviewing the stock-based compensation structure.

https://www.coupa.com

Justin Lagasse, Avangrid, Inc. (AGR), Start Date: November 24, 2023

Justin Lagasse has been appointed as the new Chief Financial Officer (CFO) of Avangrid, Inc. (AGR) effective November 24, 2023. Lagasse brings over two decades of experience in the energy sector, having held various leadership positions in finance and operations. Prior to joining Avangrid, he served as the Executive Vice President and CFO at Iberdrola USA, a subsidiary of Avangrid’s parent company, Iberdrola, S.A. Lagasse’s previous roles include CFO at UIL Holdings Corporation, where he played a key role in the company’s merger with Iberdrola USA in 2015, and various financial positions at Northeast Utilities, now known as Eversource Energy.

Lagasse’s appointment as CFO of Avangrid comes following the departure of the previous CFO, Andrew Evans. The company, which is focused on growth and expansion in the renewable energy sector, views Lagasse’s deep understanding of Avangrid’s business operations, financial strategies, and regulatory environment as valuable assets in his new role. As CFO, Lagasse will oversee the company’s financial operations, including financial planning, reporting, and compliance, and will contribute to shaping Avangrid’s financial future and driving its long-term success.

https://www.avangrid.com

Ryan Grimsland, Advance Auto Parts, Inc. (AAP), Start Date: November 27, 2023

Ryan Grimsland assumed the role of Chief Financial Officer (CFO) at Advance Auto Parts, Inc. (AAP) on November 27, 2023, during a period of strategic and operational review for the company. Grimsland’s appointment coincided with the release of Advance Auto Parts’ Q3 2023 results, which prompted the company to focus on improving its cost structure, evaluating further opportunities, and updating its guidance ranges for the year. As the new CFO, Grimsland is expected to play a crucial role in navigating these challenges and driving the company’s financial performance.

While specific details about Grimsland’s professional background are not provided, it is evident that he brings a wealth of experience in finance, accounting, strategic planning, and operational optimization to his new position. These skills were likely key factors in his selection as CFO, as Advance Auto Parts seeks to address its current challenges and create long-term value for its shareholders. Under the leadership of interim CEO Shane O’Kelly and newly appointed CFO Ryan Grimsland, the company is poised to take decisive actions to improve its financial standing and market position.

https://www.advanceautoparts.com

Moses Makunje, Nuvation Bio, Inc. (NUVB), Start Date: November 27, 2023

Moses Makunje has been appointed as the Chief Financial Officer (CFO) of Nuvation Bio, Inc., a late-stage, global oncology company focused on treating patients with difficult-to-treat cancers for which conventional therapies have failed. Makunje brings extensive experience in financial management, strategic planning, and corporate development to his new role at Nuvation Bio. Prior to joining the company, he served as the CFO at Clovis Oncology, where he played a significant role in the company’s financial operations and growth.

Makunje’s appointment comes at a crucial time for Nuvation Bio, as the company recently announced a business combination agreement with Panacea Acquisition SHC Limited, which is expected to create a publicly-listed leader in oncology drug development. The transaction aims to provide Nuvation Bio with additional resources to advance its pipeline of differentiated and novel therapeutic candidates, which target some of the most critical pathways that cancer cells use to grow. As CFO, Makunje will be responsible for managing Nuvation Bio’s financial resources and ensuring the company’s long-term success as it works towards its mission of revolutionizing cancer treatment.

https://www.nuvationbio.com

Rmi Thomas, Proofpoint, Inc. (PFPT), Start Date: November 28, 2023

Proofpoint, Inc., a prominent cybersecurity company, has announced the appointment of Rmi Thomas as its new Chief Financial Officer (CFO). Thomas brings a wealth of experience to the role, having held executive positions at VLSI Technology, where he served as the Vice President of the Internet and Secure Products Division. Additionally, he played a significant role in the initial and secondary public offerings at Vitria Technology, Inc., serving as the CFO and leading the acquisition of XML Solutions, Inc. Thomas also spent four years as the CFO at VMWare, contributing to the company’s rapid growth and evolution from a startup to a major player in the software industry.

Prior to joining Proofpoint, Thomas served as an Entrepreneur-in-Residence at Benchmark Capital, where he evaluated investments and advised portfolio companies. His diverse background in finance, technology, and corporate leadership positions him well to take on the CFO role at Proofpoint. As the company continues to innovate and expand its offerings in the rapidly evolving cybersecurity landscape, Thomas’s appointment comes at a critical time. Proofpoint’s solutions protect people, data, and brands against advanced threats and compliance risks, utilizing a cloud-enabled platform that provides speed, innovation, and global intelligence.

https://www.proofpoint.com

James Caulfield, PepsiCo, Inc. (PEP), Start Date: November 30, 2023

Jamie Caulfield has been appointed as the new Executive Vice President and Chief Financial Officer (CFO) of PepsiCo, Inc., effective December 2023. Caulfield brings to the role a distinguished career spanning over 30 years at PepsiCo, where he has held various positions of increasing responsibility across multiple divisions, including Frito-Lay North America, PepsiCo Beverages North America, and Corporate Finance. Most recently, he served as Senior Vice President and CFO of PepsiCo Foods North America from 2019 to 2023, playing a crucial role in the growth and transformation of the business. Caulfield’s previous roles within PepsiCo include leading several global corporate finance functions, such as Investor Relations, Financial Planning & Analysis, Mergers & Acquisitions, and Corporate Strategy & Development. Before joining PepsiCo, he worked for Coopers & Lybrand as a partner.

Caulfield’s appointment follows the departure of Hugh Johnston, the former Vice Chairman and CFO of PepsiCo, who is leaving the company after a 34-year career to join The Walt Disney Company as their new CFO. During his tenure, Johnston held various leadership roles, including President of Pepsi Cola North America, and oversaw PepsiCo’s information technology function, global e-commerce business, and the Quaker Foods North America division. His financial leadership has left a lasting impact on PepsiCo’s growth and success, with the company undergoing significant transformation during his time as CFO.

https://www.pepsico.com

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