CFOs on the move: week ending September 17
Denis coleman will take charge of the finances of Goldman Sachs January 1st. Coleman joined the bank in 1996 as an analyst in the bank lending group and has been co-head of the global finance group in the investment banking division since 2018. He is also co-chair of the capital committee at company-wide and is a member of the European board of directors, the company-wide investment policy committee, the company-wide asset-liability committee and the steering committee company-wide. Coleman succeeds Stephen Scherr, who is retiring from the bank. Scherr joined Goldman in 1993 and has served as CFO for the past three years.
Acrisure appointed Singer Lowell as chief financial officer. Singer joins insurance brokerage after 14 years with The Walt Disney Company, where he served as senior vice president of investor relations. At Disney, he was instrumental in positioning key acquisitions including Marvel, Lucasfilm, and 21st Century Fox. Disney’s market capitalization rose 375% from $ 70 billion to $ 335 billion, when Singer headed the company’s investor relations function. Prior to that, he worked as an equity research analyst for Cowen and Company and Robertson Stephens. Singer previously held the position of Brand Manager at Kraft Foods. He started his career at JP Morgan as an associate in corporate finance.
Semiconductor equipment manufacturer Revasum promoted Rebecca Shooter-Dodd to the President, Chief Executive Officer and Chief Executive Officer. Shooter-Dodd, currently CFO, COO and Corporate Secretary, joined the company in 2019 as a management controller. She was previously an auditor in BDO’s insurance practice in Sydney and London. The company will launch an executive search to find its new CFO.
Patrick Guido was appointed CFO of a clothing retailer The SAF of Chico. Guido was most recently senior vice president and chief financial officer of Asbury Automotive Group. Prior to that, he was Executive Vice President and Chief Financial Officer of Lululemon Athletica. David Oliver, who had been interim CFO since February 2020, has been reappointed as CFO Vice President – Controller and Chief Accounting Officer.
Jean Toth is stepping down as CFO of To bark and will continue in office until his successor is appointed. Toth joined the dog-centric retailer in 2006 as CFO. Before joining BARK, he was CFO of HotChalk. Previously, he was CFO of ARC Document Solutions, Bell-Carter Foods and Fresh Express.
John canning joined a streaming company Cinédigme as CFO. Canning spent two years as CFO of ad technology start-up Firefly Systems, where he worked on securing financing, working capital and equipment financing. He was also interim CFO of mobile advertising company Tapjoy. Canning previously worked at Discovery Channel, where he was vice president of group finance for the network. Earlier in his career, he held financial leadership roles at Clear Channel Outdoor and The Walt Disney Company.
Renren appointed Chris Palmer as the new CFO. Prior to joining the SaaS commercial operator, Palmer was vice president of finance at Twist Bioscience, a manufacturer of synthetic DNA. He was previously CFO and Chief Innovation Officer at Televerde, an inside sales and demand generation services contractor. He has also worked at several semiconductor companies, including Intel, where he held various positions spanning mergers and acquisitions, finance and general management. Palmer has succeeded Lucy Yang, who will continue to serve as Chief Financial Officer of Kaixin Auto Holdings.
Used car buying platform Vroom appointed Robert Krakowiak as CFO. For over five years, Krakowiak was Chief Financial Officer of Stoneridge Corporation, a designer and manufacturer of electronic systems for vehicles. Prior to that, he held finance and investor relations positions at Visteon Corporation and Owens Corning. Krakowiak succeeds David Jones, who will remain as a non-executive employee of the company until November.
Digital media studio Pocket watch hiring Xavier kochhar as the first COO and CFO. Kochhar was previously head of strategy and business development for HBO Max and most recently worked in the strategy and business development group of its parent company AT&T. Prior to that, Kochhar was the founder and CEO of video personalization engine company The Video Genome Project, which was acquired by Hulu. Kochhar has also served as a corporate executive for both The Walt Disney Company and LEK Consulting.
Jason cavalier was hired as CFO of Therapeutic Lyra. Cavalier was previously Managing Director, Head of Life Sciences Mergers and Acquisitions at Cantor Fitzgerald, where he led transactions in the medical technology, diagnostics and biopharmacy industries. Prior to that, he held several executive positions at RBC Capital Markets, including Director of Mergers and Acquisitions. He has also held increasingly responsible investment banking positions at Barclays Capital, Bear Stearns and Lehman Brothers. Cavalier replaces Don Elsey, who is retiring and is expected to play an advisory role.