CFOs

CFOs On the Move: Week Ending June 26

JLL Names Karen Brennan CFO

Jones Lang LaSalle appointed Karen Brennan as chief fiscal officer, successful July 15. Brennan, who has been with the actual estate and expenditure administration business for additional than twenty years, is currently the chief executive officer of its operations in Europe. As CEO for LaSalle Europe, she experienced over-all obligation for organization system across six workplaces running around $22 billion in belongings below administration. Brennan succeeds Stephanie Plaines, who will leave the business after a changeover period.

Anthony DiSilvestro will develop into the new CFO at Mattel on June 29. From 2014 to 2019, DiSilvestro

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CFOs’ Lower Bonuses Cut Into Compensation Growth

Advancement in main financial officer’s total spend slowed for the 2nd consecutive 12 months in 2019, according to new data from Compensation Advisory Associates (CAP). The consulting agency claimed the slower development was mainly thanks to decreases in bonus payouts, which have been in transform pushed by a slowdown in companies’ financial performances

A little a lot more than two-thirds of the 110 public businesses (median revenue, $thirteen billion) in CAP’s sample amplified CFO salaries in 2019, with the median maximize of 4%. That was slightly underneath 2018’s median maximize of 4.eight%. Including all businesses, the 2019 maximize was three%.

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CFOs On the Move: Week Ending June 5

David Cherechinsky

David Cherechinsky, who has served as chief fiscal officer at DistributionNOW since 2018, was promoted to chief executive officer at the industrial provides business. Prior to getting CFO, Cherechinsky served as the company’s chief accounting officer. Prior to that, he was vice president of finance for the NOV distribution and transmission small business phase. He commenced his career at NOV in 1989. Cherechinsky will take above for Dick Alario, a current board director who stepped in as interim CEO through a leadership changeover in November 2019.

Monish Patolawala will come to be CFO at 3M on July

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CFOs On the Move: Week Ending May 22

Brian DelGhiaccio

Brian DelGhiaccio was promoted to finance chief at waste collection enterprise Republic Products and services, effective June 1. DelGhiaccio, who is at present executive vice president and chief transformation officer, joined Republic Products and services in 1998 and has due to the fact held roles of raising responsibility across the finance corporation. He also prospects the information technological innovation, cybersecurity, and info administration departments. DelGhiaccio succeeds Charles Serianni, who will retire on June 1, 2021. Serianni will keep on as a distinctive advisor to the CEO until his retirement.

Felicia Williams will come to be Macy’s interim

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CFOs On the Move: Week Ending April 24

Delta CFO Paul Jacobson has rescinded his retirement, which he announced in February. CEO Ed Bastian asked Jacobson to reconsider his selection to retire while the provider navigates however the devastating effect that the coronavirus pandemic has experienced on air journey. Jacobson joined the business in 1997 as a economic analyst and was named CFO in 2012.

Mike Mathias was promoted to finance main at American Eagle Outfitters (AEO). Mathias most recently served as AEO’s senior vice president and head of economic arranging and examination. In advance of that, he was vice president of economic arranging and examination at Normal

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