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CFOs On the Move: Week ending July 18
CFOs On the Move: Week ending July 18

Yahoo

time6 days ago

  • Business
  • Yahoo

CFOs On the Move: Week ending July 18

This story was originally published on To receive daily news and insights, subscribe to our free daily newsletter. Leeny Oberg | Marriott International , Marriott International's CFO and executive vice president of development, will retire on March 31, 2026. Oberg, who was named CFO in 2016, first joined Marriott in 1999 as part of its investor relations group and held several leadership roles, including SVP, corporate and development finance and SVP, international project finance and asset management for Europe and the Middle East and Africa. Before rejoining Marriott in 2016, she was the finance chief of The Ritz-Carlton Hotel Company for over two years. Oberg will be succeeded by as chief financial officer and executive vice president, and by Shawn Hill as chief development officer. Mason, who is currently global officer, treasurer and risk management, joined Marriott in 1992 and has held several positions during her tenure, including CFO of the U.S. & Canada division — the company's largest segment. Nick Bowes | Big 12 Conference The Big 12 Conference named as chief financial officer. Bowes joins the collegiate athletic conference from the University of Louisville, where he was CFO and deputy athletic director. He earlier held senior leadership roles at the University of Southern California as chief operating officer and senior associate athletic director and at the University of Cincinnati as chief financial officer and senior associate athletic director. Bowes succeeds Catrina Gibson, who is transitioning into a consulting role after eight years as CFO, effective Aug. 1. Kelly Dilts | Dollar General Dollar General's CFO, , will resign on Aug. 28 to take over the top finance spot at Nordstrom on Aug. 29. The company has started searching for her successor, according to a regulatory filing. Dilts joined Dollar General in 2019 as senior vice president of finance and was promoted to finance chief in May 2023. She previously held the CFO role at women's fashion retailer Francesca's and spent over 18 years at men's clothing retailer Men's Wearhouse, where she most recently served as senior vice president of finance and investor relations. Duncan Minto | Renault Renault's CFO, , was appointed interim chief executive officer of the French carmaker while it looks for outgoing CEO Luca de Meo's permanent successor. De Meo announced his resignation last month after five years in the role to become CEO of luxury group Kering. Minto, who joined Renault in 1997, took over as CFO in March. Earlier roles at the company include chief financial officer of Renault Group sports car maker Alpine and CFO of its Dacia brand. Brandy Richardson | Saks Global Saks Global appointed as finance chief of the multi-brand luxury retailer, effective Aug. 18. Richardson succeeds interim CFO Mark Weinsten, who joined the retailer to lead its finance organization through the initial stages of its transformation after its December 2014 acquisition of Neiman Marcus Group. Since 2021, Richardson has been chief financial officer and executive vice president of Tailored Brands, the parent company of menswear retailers Men's Wearhouse and Jos. A. Bank. Richardson spent the majority of her career at Neiman Marcus Group, where she held several finance leadership roles over her 15-year tenure, including CFO. Karyn Ovelmen | Newmont Gold miner Newmont's CFO, , resigned on July 11. Ovelmen, who was named finance chief in May 2023, did not leave due to any disagreement with the company on operations, financial statements or accounting policies or practices or disclosures. was named interim chief financial officer while the company looks for Ovelmen's permanent replacement. Wexler joined Newmont in March 2024 as executive vice president and chief legal officer. Before joining the company, he spent 15 years as chief legal officer of Schneider Electric. Sarah Young | Bell Partners Bell Partners, an apartment investment and management company, appointed as chief financial officer. Young joins Bell Partners from real estate investment and development firm Quarterra Group, where she has worked for the last 10 years. She has been CFO and senior managing director since May 2024. Before Quarterra, she was part of the finance group at Walton Street Capital, where she managed equity commitments across several funds. She began her career at Ernst & Young. Young succeeds John Tomlinson, who will retire as CFO on Aug. 22. Tomlinson will remain as an adviser to the company through the end of 2025. Steve Song | Luke's Lobster Luke's Lobster's longtime CFO, Steve Song, has left the company. Song was the CFO of the global seafood manufacturer and restaurant operator for nearly 10 years. Before taking on his first CFO position at Luke's, he was the managing director at Eden Capital Partners, vice president at Altpoint Capital Partners and vice president of Magnetar Capital. The company has not yet named his replacement, and Song's next role has not been announced. Bob McMahon | Agilent Technologies , chief financial officer of California-based Agilent Technologies, will step down on July 31 to relocate to the East Coast for family reasons. McMahon joined Agilent as CFO in August 2018 from medical technology company Hologic, where he held the same role. He earlier spent 20 years at Johnson & Johnson, most recently as worldwide vice president of finance within its medical device and diagnostics group. Rodney Gonsalves, Agilent's corporate controller and principal accounting officer, will gain the role of interim CFO until McMahon's successor is named.

Marriott CFO Leeny Oberg to retire in 2026
Marriott CFO Leeny Oberg to retire in 2026

Travel Weekly

time17-07-2025

  • Business
  • Travel Weekly

Marriott CFO Leeny Oberg to retire in 2026

Marriott International CFO and executive vice president of development Leeny Oberg will retire on March 31, 2026, the company announced Monday. She'll be replaced by a pair of company veterans: global officer, treasurer and risk management Jen Mason and chief development officer for the Asia-Pacific excluding China Shawn Hill. Oberg has served as Marriott CFO since 2016 and as EVP of development since 2023, charged in the latter position with growing Marriott's global portfolio. She joined Marriott in 1999, serving in investor relations and financial management positions being named as CFO of Marriott's Ritz Carlton brand in 2013. "Leeny's focus on value creation is evident in everything she does," Marriott CEO Anthony Capuano said in a statement. "Whether it was navigating the pandemic successfully, enhancing the company's cost competitiveness or having a disciplined and strategic approach to investing in growth, her impact on Marriott is long-lasting." Upon Oberg's departure, she will be replaced as EVP and CFO by Mason, who has worked with Marriott since 1992. Her decades of experience in financial positions with the hotel company include a stint as CFO of Marriott's U.S. and Canada operations. On Jan. 1, 2026, Hill will become Marriott's EVP and chief development officer and report to Oberg until she departs, then to Capuano, according to the company. Hill joined the company in 1997 and was a financial executive before joining the company's Asia-Pacific development team in 2005. Mason and Hill "will bring an incredible depth of experience and demonstrated leadership to their roles, making them well positioned to drive Marriott's continued growth and success in the years to come," according to Capuano. Source: Business Travel News

Marriott's CFO Leeny Oberg to Retire, C-Suite Transition Announced
Marriott's CFO Leeny Oberg to Retire, C-Suite Transition Announced

Skift

time16-07-2025

  • Business
  • Skift

Marriott's CFO Leeny Oberg to Retire, C-Suite Transition Announced

With Leeny Oberg retiring after 26 years with the company, Marriott is leaning on internal veterans to maintain strategic momentum without rocking the boat. Leeny Oberg, the longtime finance executive who helped steer Marriott International through major transformations, including its merger with Starwood and the Covid-19 pandemic, will retire on March 31, 2026, the company said Monday. Oberg, 65, joined Marriott in 1999 and became chief financial officer (CFO) in 2016. In 2023, she was also put in charge of global development, overseeing the company's expansion strategy. She will step down as CFO following the filing of Marriott's 2025 annual report and remain with the company through March 2026 to assist with the leadership transition

Marriott CFO Leeny Oberg to retire in 2026, Jen Mason to succeed
Marriott CFO Leeny Oberg to retire in 2026, Jen Mason to succeed

Business Insider

time15-07-2025

  • Business
  • Business Insider

Marriott CFO Leeny Oberg to retire in 2026, Jen Mason to succeed

Marriott (MAR) International announced that after 26 years with the company, Leeny Oberg, Marriott's CFO and Executive Vice President, Development, has decided to retire effective March 31, 2026. Two long-time Marriott veterans have been named her successors. Next year, Jen Mason will become the company's CFO and Shawn Hill will take on the role of Chief Development Officer. Jen Mason, a 33-year Marriott veteran, will assume the role of Executive Vice President and CFO once Oberg steps down from that role. Mason joined Marriott in 1992 and currently serves as Global Officer, Treasurer and Risk Management. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Marriott finance chief Leeny Oberg to retire next year
Marriott finance chief Leeny Oberg to retire next year

Reuters

time14-07-2025

  • Business
  • Reuters

Marriott finance chief Leeny Oberg to retire next year

July 14 (Reuters) - Marriott International (MAR.O), opens new tab said on Monday its chief financial officer, Leeny Oberg, would retire next year after spending more than two decades with the U.S. hotel operator. The company has appointed insider Jen Mason as Oberg's successor. Oberg has been Marriott's CFO since 2016, helping navigate the challenges posed by the COVID-19 pandemic and spearheading its cost initiatives. Her retirement would be effective March 31, 2026. Mason joined Marriott in 1992 and currently serves as the global officer, treasurer and risk management. Since joining the company, she has held several leadership roles, including as CFO for its U.S. and Canada division. Marriott also appointed Shawn Hill as its chief development officer, effective January 1, 2026.

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