CEO, CFO, and Director Changes (Feb 1st): New, Female CEOs at Large-Cap Companies
February 1, 2021

Boardroom Alpha provides in-depth analytics and tracking of all public company executives and officers. Below is a rundown of CEO, CFO, and director moves made at selected companies this past week. Get a demo today to see how you can receive real-time alerts and in-depth analytics.

CEO Changes 

  • Leon Black (A) will be retiring as CEO of Apollo Global Management (APO). He will be replaced by fellow co-founder Marc Rowan. This comes amidst reports of Black’s connections to Jefferey Epstein.
  • Following the death of Sheldon Adelson (B-), Las Vegas Sands Corporation (LVS) appointed Robert Goldstein to permeant CEO. Goldstein was previously President and COO of LVS.
  • Nathaniel Davis (D) retired as CEO of Stride (LRN). He will be replaced by James Rhyu, who was previously CFO and President of Corporate Strategy at Stride.
  • Announced this past Fall, Karen Lynch officially replaced Larry Merlo (C) as CEO of CVS Health Corporation (CVS). Lynch was previously an EVP at CVS Health and President of Aetna.
  • Announced this past Fall, Stefan Larsson officially replaced Emanuel Chirico (C-) as CEO of PVH Corporation (PVH). Larsson was previously President of PVH.
  • Announced this past Summer, Jane Fraser officially replaced Michael Corbat (C) as CEO of Citigroup (C). Read our analysis here.

CFO Changes

  • Randy Hyzak became CFO of Las Vegas Sands Corporation (LVS), with previous CFO Patrick Dumont (B-) moving up to President and COO. Hyzak was previously Chief Accounting Officer at LVS.
  • Announced this past Summer, Charles Mathis (D) was replaced by Prabu Natarajan as CFO of Science Applications International Corporation (SAIC). Natarajan joined from Northrop Grumman Corp, where he had a variety of leadership roles.
  • Announced earlier this Winter, Leo Redmond (C+) officially resigned as CFO of Allakos (ALLK). Adam Tomasi, the Company’s President and COO, to serve as the acting CFO until a permanent replacement can be determined.
  • Announced earlier this Winter, Sung Lee (C-) resigned from his role as CFO of Sangamo Therapeutics (SGMO). Lee will become CFO of MorphoSys, a German biopharmaceutical company. His successor has not been named yet.
  • Announced this past Fall, Thomas Tran (B-) was replaced by Mark Keim as CFO of Molina Healthcare (MOH). Keim was previously an EVP at Molina.

Director Changes

  • Marcus Dunlop (C+) joined the board of The ODP Corporation (ODP). Dunlop is a partner of HG Vora, an investment firm which has a stake in ODP.
  • David Hess (B-) joined the board of Woodward (WWD). Hess was previously CEO of the Arconic Corporation.
  • Lance Fritz (C) and Jillian Evanko (B-) joined the board of the Parker-Hannifin Corporation (PH). Fritz is CEO of Union Pacific Corporation and Evanko is CEO of Chart Industries.
  • Amanda Sourry (C-) and Kevin Brown joined the board of The Kroger Company (KR). Sourry was President at Unilever North America and Brown is an EVP at Dell Technologies. Bobby S Shackouls (C-) left.
  • Joseph Bronson (C+) retired from the board of Jacobs Engineering Group (J). Bronson is a MD at Cowen & Co.
  • Edward Lowenthal (A) and Sublett Carla Pineyro (C) retired from the board of American Campus Communities (ACC), while Herman Bulls, Alison Hill and Craig Leupold joined. This follows a significant investment from Land & Buildings Investment Management.
  • Craig Rogerson (B) retired from the board of Ashland Global Holdings (ASH) following their annual meeting. He was previously CEO of the Chemtura Corporation.
  • Richard Turner (C+) left the board of UGI Corporation (UGI). Turner is Managing Director of Altos Partners, an investment fund.
  • Gary Muenster (B+) left the board of Esco Technologies (ESE). Muenster will retire as CFO of Esco later this year.

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