CFOs On the Move: Week Ending July 24

Joanne Crevoiserat

Tapestry, the father or mother enterprise of Mentor, Kate Spade, and Stuart Weitzman, named CFO Joanne Crevoiserat as interim main executive officer. Crevoiserat normally takes over for chairman and CEO Jide Zeitlin, who resigned from the enterprise and its board of directors for personalized causes. Crevoiserat has been the main economic officer at Tapestry since August 2019. She joined the enterprise from Abercrombie & Fitch, exactly where she was hired as main economic officer. She held many leadership positions through her tenure at the retailer, which include executive vice president, main working officer, and interim principal executive officer. Prior to that, she served in various senior management roles at Kohl’s. She earlier held senior finance positions with Walmart Outlets and May perhaps Section Outlets, which include main economic officer at the Filene’s, Foley’s, and Well-known-Barr makes. Andrea Shaw Resnick, global head of investor relations and company communications, will step in as interim CFO.

Mike Santomassimo

Mike Santomassimo will turn into CFO at Wells Fargo in the fall. Santomassimo joins the enterprise from BNY Mellon, exactly where he was CFO since 2018. Earlier, he served as CFO for the company’s investment companies companies. Prior to joining BNY Mellon, he expended 11 decades at JPMorgan Chase in various crucial finance leadership roles, including CFO for banking, which integrated investment banking and treasury companies. He also served as CFO of JPMorgan’s Securities Expert services and U.S. Private Banking companies. He commenced his job at Smith Barney. Santomassimo succeeds John Shrewsberry, who has is retiring after 22-decades at the enterprise, which include the past six decades as CFO. Shrewsberry will keep on in his role as CFO right up until Santomassimo joins the enterprise and will aid with the transition.

BNY Mellon named Emily Portney as main economic officer to swap Mike Santomassimo. Portney most recently led the shopper management, product sales, and services teams for BNY Mellon’s asset servicing business globally. She also oversaw the Americas region of the asset servicing business. Prior to joining BNY Mellon, she was main economic officer at Barclays Worldwide. She expended 22 decades at JPMorgan, exactly where she was the global head of clearing and collateral management, amongst other roles. She began with JPMorgan in 1993 and executed many roles all through her job, which include the CFO of equities and prime companies.

Wailun Chan

Wailun Chan is the new finance main at payment processing enterprise Plastiq. Chan joins the enterprise from LinkedIn, exactly where he was vice president of finance. While at LinkedIn, he aided lead the enterprise by way of its IPO and crafted, scaled, and managed a number of finance teams. Prior to that, Chan was studio finance controller at Digital Arts, product sales finance chief at Nestle, director of product sales and marketing finance at Normal Electric powered Cash, and FP&A manager at Kraft Specialty Cheese.

Drugmaker Biogen appointed Michael McDonnell as main economic officer. McDonnell was most recently CFO at daily life-sciences enterprise IQVIA. McDonnell was earlier finance