All articles tagged with #chief financial officer
Christian Luiga has been appointed as the new Chief Financial Officer of Spotify, joining from Saab AB where he held the position of Deputy CEO and CFO. He brings extensive leadership experience from his previous roles at Telia and will be based in Sweden, overseeing various financial functions. His official start date is planned for Q3 2024, with Ben Kung serving as interim CFO until then.
Thomas "Tom" B. Okray has been appointed as the Chief Financial Officer (CFO) of Nikola Corporation, a global leader in zero-emissions transportation and energy supply solutions. Okray, an accomplished financial executive with extensive experience, will play a crucial role in expanding Nikola's supply base and scaling its business profitably. His appointment reflects Nikola's commitment to reshaping the trucking industry and driving decarbonization forward. Nikola Corporation is focused on pioneering solutions for a zero-emissions world through its integrated truck and energy solutions, including battery-electric and hydrogen fuel cell electric trucks.
The chief financial officer of Durham Public Schools, Paul LeSieur, has resigned following an overpayment error that affected school staff members. The error led to some classified employees receiving more money than they should have in their paychecks between July and December 2023. This resulted in walkouts and protests from employees. The DPS Board of Education has approved second checks for affected staff and announced a budget amendment to bridge the funding gap, aiming to resolve the situation and earn back employees' trust.
Spotify, the music streaming giant, announced a reduction of around 17% of its employees in an effort to cut costs amid slower economic growth. As part of this, the company's Chief Financial Officer, Paul Vogel, has also announced his departure, with his exit scheduled for March 31, 2024. Spotify's CEO, Daniel Ek, expressed appreciation for Vogel's support during the pandemic and economic uncertainty but stated that the company is entering a new phase and needs a CFO with a different mix of experiences. In the meantime, Ben Kung, the vice-president of financial planning and analysis, will take on additional duties to facilitate the company's financial realignment.
Airbnb has appointed Ellie Mertz, an 11-year veteran of the company, as its new Chief Financial Officer. Mertz takes over from Dave Stephenson, who has been promoted to the role of Chief Business Officer.
Airbnb's Chief Financial Officer, Dave Stephenson, will be transitioning into a newly created role as Chief Business Officer, effective January 2024. This move comes as Airbnb reaches an "inflection point" and focuses on growth across existing and new businesses. Stephenson's replacement as CFO will be Ellie Mertz, Airbnb's vice president of finance. The company's CEO, Brian Chesky, expressed confidence in Stephenson's ability to drive international expansion, grow global host supply, and lead business and corporate development activities. Catherine Powell, another longtime executive at Airbnb, will also be leaving the company next year.