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Petrobras’s Boss Taps Fernando Melgarejo as New CFO

Livemint

Livemint · 1y ago

Petrobras’s Boss Taps Fernando Melgarejo as New CFO

Fernando Melgarejo has been appointed as the new Chief Financial Officer (CFO) of Brazil's state-controlled oil company, Petrobras. This is the first key appointment made by CEO Magda Chambriard since assuming her position last month. Melgarejo will face the challenge of balancing President Luiz Inacio Lula da Silva's expectations for supporting Brazil's development and economic growth with the need for shareholder returns. The CEO also named Sylvia dos Anjos as head of exploration and production and Renata Baruzzi as head of engineering. These changes aim to strike a gender balance in Petrobras's top management.

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Musk's X taps former Tubi executive Banki as CFO

Economic Times

Economic Times · 9m ago

Musk's X taps former Tubi executive Banki as CFO

Elon Musk's X Corp has hired former Tubi executive Mahmoud Reza Banki as its CFO, signaling a shift in focus for the social media platform. Banki joined X in November, having previously served as the finance chief at Tubi for six years. X has been making efforts to attract advertisers amidst growing competition from social media giants like Meta Platforms. Banki's appointment suggests a potential emphasis on video content for X. Last year, Musk appointed Linda Yaccarino as CEO in an attempt to revive the company's ad revenue.

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Livemint

Livemint · 1y ago

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Cognizant Technology Solutions has named Jatin Dalal, former CFO of Wipro, as its new CFO. Dalal will assume the role in December, succeeding current CFO Jan Siegmund. This move comes as part of several high-profile executive changes in the Indian tech industry. Dalal brings over two decades of experience from Wipro, where he served as president and CFO. Cognizant CEO Ravi Kumar S expressed confidence in Dalal's ability to drive revenue growth for the company.

Audio streaming platform Pocket FM elevates Anurag Sharma to CFO

Economic Times

Economic Times · 2y ago

Audio streaming platform Pocket FM elevates Anurag Sharma to CFO

Pocket FM has promoted Anurag Sharma to the position of Chief Financial Officer (CFO), as reported by The Economic Times. As the new CFO, Sharma will likely play a crucial role in overseeing the financial operations and strategies of the startup.

Paisabazaar appoints new CEO; cofounder Naveen Kukreja moves to PB Fintech as group president

Economic Times

Economic Times · 5m ago

Paisabazaar appoints new CEO; cofounder Naveen Kukreja moves to PB Fintech as group president

Paisabazaar has appointed Santosh Agarwal as its new CEO, while co-founder Naveen Kukreja becomes group president of PB Fintech. Agarwal, previously Policybazaar's chief business officer, will lead Paisabazaar into new savings and pension products. The company faced a 20% decline in its credit distribution business, though secured lending saw revenue increase. Vivek Audichya, the CFO, will be replaced by Neeraj Tripathi as Audichya moves to Policybazaar as CFO.

Former OYO Executive Abhishek Gupta Joins Lenskart As CFO

Inc42 · 9m ago

Former OYO Executive Abhishek Gupta Joins Lenskart As CFO

Former CFO of OYO, Abhishek Gupta, has recently joined Lenskart as the new CFO. Gupta had been with OYO since 2015 and made the move to Lenskart in August. Prior to OYO, Gupta had worked at Philips for two years and spent almost a decade at General Electric (GE).

Tesla CFO Vaibhav Taneja named treasurer of Elon Musk’s ‘America Party’ - The Economic Times

Economic Times

Economic Times · 1m ago

Tesla CFO Vaibhav Taneja named treasurer of Elon Musk’s ‘America Party’ - The Economic Times

Elon Musk has registered the America Party, opposing Trump's tax bill, with Tesla CFO Vaibhav Taneja named as treasurer. Taneja, who joined Tesla in 2017, rose to CFO in August 2023 after starting at SolarCity. The new party aims to restore public freedom, as announced by Musk. Taneja garnered attention for his substantial earnings in 2024, surpassing major tech executives.

BharatPe elevates Nalin Negi as CEO

Thehindubusinessline

Thehindubusinessline · 1y ago

BharatPe elevates Nalin Negi as CEO

BharatPe, a major Fintech player, has promoted Nalin Negi as its CEO after serving as interim CEO and CFO for over a year. Negi was appointed as the CFO in 2022 following the resignation of Suhail Sameer. Under Negi's leadership, BharatPe witnessed a 182% increase in revenue in FY23 and achieved its first EBITDA positive month in October 2023. With over 28 years of fintech and banking experience, Negi will focus on driving innovation and empowering merchants across India. BharatPe will now search for a new CFO. Recently, the company underwent a management restructuring, promoting Sandeep Indurkar as CEO of the payment vertical.

Jatin Dalal likely to be new Cognizant CFO

Livemint

Livemint · 1y ago

Jatin Dalal likely to be new Cognizant CFO

Jatin Dalal, the former chief financial officer (CFO) of Wipro, is expected to join Cognizant Technology Solutions Corp. as their new CFO. Dalal, an old hand at Wipro, joins Cognizant during a period of struggle for the company, which has been trying to keep pace with its peers. His move to Cognizant could be seen as a step-up, as it is a larger firm compared to Wipro. The role of a CFO has become increasingly important in technology services companies, extending beyond financial oversight to include managing operations and playing a key role in major deals.

Spotify names senior Saab executive Christian Luiga as finance chief

Economic Times

Economic Times · 1y ago

Spotify names senior Saab executive Christian Luiga as finance chief

Spotify has appointed Christian Luiga as its new CFO, replacing Paul Vogel. Luiga, a former executive at Saab, will join in the third quarter. Until then, Ben Kung will serve as the interim CFO. This move comes as Spotify looks to improve profitability by increasing prices and expanding into podcasts and audiobooks. Saab announced that Luiga has a notice period of six months and will stay until October 3rd.

Zetwerk Manufacturing Appoints Pulkit Bhandari As CFO

OutlookIndia

OutlookIndia · 2y ago

Zetwerk Manufacturing Appoints Pulkit Bhandari As CFO

Pulkit Bhandari has been appointed as the Chief Financial Officer (CFO) of Zetwerk Manufacturing, a unicorn in the manufacturing sector. Bhandari brings extensive experience in finance and operations to his new role. As CFO, he will be responsible for overseeing financial strategy, planning, and execution, contributing to the company's growth and expansion plans. Zetwerk aims to leverage Bhandari's expertise to strengthen its financial management and drive sustainable growth.

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