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CFO

CFOs On the Move: Week ending Feb. 13

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David Kennerley, CFO of Kroger

David Kennerley
Permission granted by Kroger
 

David Kennerley | Kroger

David Kennerley, CFO and senior vice president for PepsiCo Europe, was named finance chief of Kroger. Kennerley joined PepsiCo in 2001 as a manager in its international corporate finance and treasury department and has held several financial leadership positions including senior vice president of North America beverages and senior vice president of FP&A and commercial. He was named CFO of Europe in March 2020. Kennerley will join the company on March 10 as senior vice president and will take over for interim CFO Todd Foley on April 3. Foley, who became interim CFO last year after Gary Millerchip left to become CFO of Costco, will stay at Kroger as a senior vice president of its fiscal first quarter and then will retire from the company.

Tom Doxey | Southwest Airlines

Tom Doxey will take over as chief financial officer of Southwest Airlines on March 10. Doxey most recently worked at Breeze Airways, where he was the airline’s president. Before that, he held several leadership roles at United Airlines, including senior vice president of technical operations and CFO of operations. Doxey’s aviation career began in financial planning and fleet management roles at Allegiant Air and US Airways. Doxey succeeds Tammy Romo, who announced her retirement in January after over three decades at the airline. 

Rich Schmaeling | Audacy

Rich Schmaeling, CFO of broadcast and internet radio platform Audacy, has resigned from his role. Audacy said it does not plan to name a new CFO in the near term to replace Schmaeling. The CFO’s departure comes weeks after its president and chief executive officer, David Field, left the company. Schmaeling joined Audacy in 2017 during Entercom’s merger with CBS Radio. He has previously held chief financial officer roles at travel agency company Travel Leaders Group, advertising technology company MediaMath and local TV and digital media company LIN Media.

Deepa Subramanian, CFO of DailyPay

Deepa Subramanian
Permission granted by DailyPay
 

Deepa Subramanian | DailyPay

DailyPay appointed Deepa Subramanian as finance chief. Subramanian joins the company from Uber, where she was most recently vice president of corporate finance and investor relations. Earlier roles at Uber include CFO for its delivery business Eats and vice president and head of corporate finance and platform functions. Subramanian spent more than a decade in operating and finance roles at JPMorgan Chase & Co. Ken Brause, who has been chief financial officer since Nov. 2023 has been appointed chief administrative officer. 

Chris Sasser | Tropical Smoothie Cafe

Chris Sasser was promoted to chief financial officer of Tropical Smoothie Cafe. Sasser joined the fast-casual restaurant brand in 2019 and has held several positions, including as chief strategy officer and senior vice president of finance and analytics. He earlier held positions at Atticus Franchise Group, Restaurant Brands International and Acuity Brands. Sasser replaces Paul Marsden, who retired.

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