The 10 Most Important Executive Moves This Week

George PaulExecutive Moves

Rivian R1T. Image credit: Jeff Johnson, Rivian

This week, Rivian found a new CFO, Palantir added a new Board Member, Nasdaq promoted a new Chief Strategy Officer, and Monzo's founder said he will step down.

These are our top picks for the most important executive appointments and departures this week. For executive news updated daily, check out The Org's People on The Move.

1. Rivian Onboards New CFO Alongside $2.65 Billion Funding Announcement

Rivian, the auto company that is electrifying off-road and heavy-duty vehicles, is about to enter a transformative phase and it has found the new Chief Finacial Officer to ensure it succeeds. The electric vehicle (EV) maker has announced that Claire McDonough, will take over the top finacial role from Ryan Green, who has served as Rivians CFO since 2018. Green will stay with the company in a yet to be announced leadership role.

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2. Citing Burnout and a Lack of Job Satisfaction, Monzo’s Founder Steps Down

The COVID-19 pandemic has taken its toll on the mental health of people around the world regardless of wealth or position. The story is no different for Monzo’s Tom Blomfield who was already feeling the strain of leading a financial startup with almost 5 million customers. Blomfield has announced he will leave the challenger bank he founded in 2015 at the end of January 2021, according to TechCrunch.

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3. Secretive Tech Company Palantir Gains a New Board Member

Palantir, the secretive tech firm that offers data analytics and consulting services to businesses, militaries, police organizations, and intelligence agencies around the world, has a new board member. The company, which went public via a direct listing in September 2020, announced that Lauren Friedman Stat has joined its Board of Directors and will serve on its Audit Committee as of January 18, 2021.

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4. Nasdaq Promotes Strategy Chief as It Evolves

Nasdaq announced Jeremy Skule has been promoted and will now serve as the stock exchange operator’s EVP and Chief Strategy Officer. Until now Skule had served as the company’s Chief Marketing officer but with the promotion, he will expanding the scope of his duties.

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5. HP Names New Top Tech, Legal, and Strategy Execs to Accelerate Disruption

HP has announced three new executives to lead its tech, legal, and strategy teams as it advances disruptive innovation. The tech company’s wide-reaching executive changes will come into effect on February 1 and each new role will report directly to CEO Enrique Lores.

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6. WarnerMedia Hires Exec to Lead HBO Max’s LatAm Expansion

2020 was a big year for HBO Max, the TV and movie streaming service owned by AT&T’s WarnerMedia, but 2021 is looking brighter. Earlier this week, WarnerMedia announced it had hired Luis Duran as its General Manager for HBO Max in Latin America as it expands to new markets.

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7. eBay Selects DEI Leader as Next Chief People Officer

Cornelius Boone has been named as eBay’s new SVP and Chief People Officer. The online marketplace announced the hiring on Wednesday afternoon alongside the news that its current HR chief, Kristin Yetto, had agreed to step down from her role. Yetto will stay with eBay through March 16, 2021 to support the transition.

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8. United Names Top Sales Exec As It Recovers From Tough 2020

Starting March 1, United Airlines will have a new top salesperson as it looks to rebound from a drop in passengers due to the COVID-19 pandemic. Doreen Burse, the airline’s new SVP of Worldwide Sales, will bring over 30 years of sales to the position the majority of which she gained in the hospitality industry.

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9. Away’s CEO Steps Down From the Luggage Startup

Away CEO Stuart Haselden will step down from his position at the head of the luggage brand in February. Haselden will remain on the company’s board of directors and jointly lead the search process for his replacement with Away’s President and Co-Founder, Jen Rubio.

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10. Okta Hires Dynamic Work Lead as It Goes Remote First

Identity and access management company Okta has appointed Samantha Fisher as its new Head of Dynamic Work, according to Business Insider. At Okta she will be a part of the company’s workplace services team headed by SVP of Global Workplace Services Armen Vartanian.

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