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CFO

CFOs On the Move: Week ending July 12

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Brian Dykes | UPS

Brian Dykes, CFO of UPS

Brian Dykes
Permission granted by UPS
 

UPS promoted Brian Dykes to chief financial officer. Dykes has worked at UPS for 25 years, most recently as senior vice president of global finance and planning since April 2023. During his tenure at UPS, he has held roles of increasing responsibility within its finance and accounting, corporate treasury, mergers and acquisitions, business intelligence, and business development functions, both in the U.S. and internationally. Dykes succeeds Brian Newman, who stepped down from the position on June 1 to focus on his health. 

Gordon Brooks | Eli Lilly

Gordon Brooks was named interim CFO of Eli Lilly, effective July 15. Brooks has worked at the pharmaceutical company for the last 29 years, most recently as group vice president, controller and corporate strategy. Previous roles include chief procurement officer and CFO of bio-medicines and global manufacturing. Brooks takes over for Anat Ashkenazi, who is taking over as finance chief at Google parent Alphabet.

Monish Patolawala | Archer Daniels Midland

Monish Patolawala, CFO of Archer Daniels Midland

Monish Patolawala
Permission granted by ADM
 

Archer Daniels Midland (ADM) hired Monish Patolawala as chief financial officer, effective August 1. Patolawala was most recently president and CFO of 3M. Before that, he spent more than two decades at GE in several finance roles, including CFO of $20 billion GE Healthcare and head of operational transformation for all of GE. He currently serves on the Board of Directors of biotechnology leader Biogen. Patolawala replaces interim CFO Ismael Roig, who stepped in in January when the company’s CFO, Vikram Luthar, was placed on administrative leave after an investigation into the food processing company’s accounting practices. Luthar announced his resignation from the role in April. 

John Penver | Ionic Digital

John Penver was hired as chief financial officer of Bitcoin miner Ionic Digital, which acquired all mining assets of bankrupt crypto lender Celsius and plans to go public this year. Penver joins the company from data center service provider TSS, where he has been CFO since 2014 and has over 18 years of data center technology and infrastructure experience. He has also worked as chief financial officer for Factory Logic, Performance Retail, Active Power and Fallbrook Technologies. 

Catherine Dunleavy | Olaplex

Catherine Dunleavy, CFO of Olaplex

Catherine Dunleavy
Permission granted by Away
 

Catherine Dunleavy was appointed CFO and chief operating officer of haircare company Olaplex, effective August 13. Dunleavy previously worked at travel lifestyle brand Away, where she was most recently president. She joined Away as finance chief in 2020 after three years working at Nike, most recently as vice president and chief financial officer, global operations, technology and vice president of strategic investments. Before that, she spent 16 years at Comcast and NBCUniversal in numerous roles, including chief financial officer of the cable entertainment group and executive vice president of content distribution. She started her career at General Electric. 

Cesar Perez | Serta Simmons Bedding

Serta Simmons Bedding named Cesar Perez as the sleep company’s new finance chief. Perez has 19 years of finance leadership experience, including at Electrolux, where he was CFO for North America and a member of its global CFO team. In that role, he was a strategic financial partner to the CEO. He began his career at GE Appliances and spent over a decade in financial management positions of increasing responsibility, ultimately responsible for all aspects of finance for GE Appliance sales and marketing.

Adam Rymer | Chipotle

Adam Rymer, CFO of Chipotle Mexican Grill

Adam Rymer
Permission granted by Chipotle
 

Chipotle’s longtime finance chief, Jack Hartung, is retiring. Hartung, who has been chief financial officer since 2002, will retire on March 31, 2025. Adam Rymer, who joined the fast-casual restaurant chain in 2019, was appointed Hartung’s successor, effective January 1, 2025. Rymer has been Chipotle’s vice president of finance since 2020 and has been mentored by Hartung. Previous roles at the company include senior director of FP&A, field finance and treasury and director of FP&A. 

Dave Pauli | Zurn Elkay Water Solutions

Zurn Elkay Water Solutions promoted Dave Pauli to CFO. Pauli joined the company in 2012 as assistant corporate controller and later added responsibility for financial planning and analysis. He then became a divisional vice president of finance before being named corporate controller and adding on responsibility for investor relations. Pauli began his career with Deloitte, spending seven years with the firm’s audit practice. Pauli takes over for Mark Peterson, who will become the company’s chief administrative officer. Peterson joined the company in 2006 and has been CFO since 2011.

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