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Some of the biggest CFO moves of 2026 (so far)

In case you haven’t been checking LinkedIn.

3 min read

TOPICS: CFOville / Role of the CFO / CFO Evolution

We get it. You’re in vacation mode. You’re not obsessively checking LinkedIn like your life (ahem, job) depends on it.

Fear not: We’ve rounded up some of the biggest CFO comings and goings of the year thus far…on the extremely off chance that you’re not a LinkedIn influencer.

Call waiting. AT&T CFO Pascal Desroches will retire at the end of the year, according to a—you guessed it—LinkedIn post where he called his time at the telecom company “one of the most meaningful chapters” of his career.

The company selected Jennifer Biry, former CFO and COO of McAfee, to succeed Desroches, who will officially step down on December 31, per a securities filing. Earlier in her career, Biry had spent more than 20 years in a variety of roles at AT&T before leaving for AT&T subsidiary WarnerMedia at the end of 2020.

“AT&T played an important role in shaping my career,” Biry said in a LinkedIn post. “The opportunity to return to the company at such a pivotal point in its transformation is a full-circle moment that truly feels like coming home.”

Driver’s seat. Uber tapped its VP of strategic finance, Balaji Krishnamurthy, to take over the CFO seat starting February 16, the ride-share company said in early February.

“For those who don’t know Balaji, he is trusted by investors, knows Uber’s business inside and out, and is a brilliant, decisive strategist,” Uber CEO Dara Khosrowshahi said in a filing announcing Krishnamurthy’s new post. “He has worked closely with me and our management team for years, and I am thrilled for him to step up as CFO as we kick off another big year for Uber.”

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Krishnamurthy succeeded CFO Prashanth Mahendra-Rajah, who announced during an earnings call that he was leaving for an opportunity “where I could serve America and give back to the country that has given me and my family so much.” Three months ago, Mahendra-Rajah announced that he had joined the US Department of Commerce as a senior advisor to Commerce Secretary Howard Lutnick.

Add to cart. American Eagle Outfitters hired Ravi Thanawala to take over for outgoing CFO Michael Mathias, who had served as finance chief of the retailer for six years, per a securities filing. Thanawala, who previously served as CFO at Papa John’s international, will step into the American Eagle role on August 3. On the same day, Mathias will transition into a role as strategic advisor to American Eagle CEO Jay Schottenstein through July 2027.

“Mike’s history with AEO runs incredibly deep,” Schottenstein said in a statement. “Throughout his tenure, he has successfully guided our organization through a rapidly evolving retail landscape and a period of significant growth, which is why I’ve asked Mike to step into the role of strategic advisor to me.”

Snapped up. On May 8, Snap CFO Derek Andersen stepped down to pursue another opportunity, CEO Evan Spiegel said in a news release.

Snap, the parent company of Snapchat, promoted Doug Hott, who formerly served as the company’s VP of finance, to take over the CFO role. The CFO shakeup arrived not long after Snap said it would be laying off 16% of its workforce, impacting around 1,000 employees.

Andersen, who spent nearly eight years at Snap, was subsequently named CFO of Expedia Group.

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CFO Brew helps finance pros navigate their roles with insights into risk management, compliance, and strategy through our newsletter, virtual events, and digital guides.

By subscribing, you accept our Terms & Privacy Policy.