CFOs On the Move: Week ending Jan. 9

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Marqeta, a card issuing platform, appointed Patti Kangwankij as finance chief, efficient Feb. 9. Kangwankij joins Marqeta from actual property expertise agency Roofstock, the place she has been CFO since January 2025. Earlier than that, she labored at fee processing platform Stripe for over 4 years, together with as head of funds finance and technique. She earlier spent 14 years at JPMorgan Chase, the place she began within the funding financial institution, earlier than changing into managing director and CFO for its co-branded bank card and service provider companies companies. Kangwankij succeeds Mike Milotich, who was appointed Marqeta’s chief govt officer in September 2025.

Josh Borfitz was promoted to senior affiliate athletic director and chief monetary officer of the College of North Carolina Athletics. Borfitz has been part of the Carolina Athletics’ monetary management staff for the previous eight years, most lately as affiliate athletic director and controller. He earlier labored as a CPA with PwC. Borfitz succeeds Martina Ballen, who’s retiring on the finish of the month. Ballen has labored within the UNC Athletics Enterprise Workplace for the final 38 years. 

Spencer Hart was named chief monetary officer of Loop Industries, a Canada-based clear expertise firm that turns plastic waste into sustainable PET and polyester fiber. Hart, whose appointment is efficient Jan. 15, has been a member of Loop’s board of administrators since February 2025. He has most lately labored as a senior managing director and senior adviser at Guggenheim Securities. Interim CFO Mike De Notaris will proceed with Loop in his position as vice chairman of company improvement. 

Inexperienced Plains named Ann Reis as chief monetary officer. Reis joins the biorefining firm from Southwest Iowa Renewable Power, the place she was CFO, chief accounting officer and assistant secretary of the board of administrators. She has over 20 years of expertise throughout agribusiness, vitality and monetary companies, together with management roles as AVP of company accounting, finance controls and governance at Lincoln Monetary Group and director of finance and inner audit at ConAgra Meals. Reis replaces Phil Boggs, who’s leaving the corporate. Boggs has held a number of finance management roles over the previous 16 years and has been CFO since November 2024. 

SpliceBio, a genetic medicines firm, employed Don Munoz as CFO. Munoz most lately held the identical place at Aurion Biotech, the place he helped lead the ocular cell remedy agency’s acquisition by Alcon in March 2025. He earlier held finance management roles at biopharmaceutical corporations NuCana and Noxxon Pharma. Earlier in his profession, he held senior management roles in healthcare funding banking, together with as managing director and head of medical expertise funding banking at Cowen & Firm and Leerink Companions, in addition to management positions at Deutsche Financial institution. 

Bitcoin miner Riot Platforms promoted Jason Chung to chief monetary officer, efficient March 1. Chung joined the corporate in Could 2022 and was promoted to his present place of govt vice chairman and head of company improvement and technique in July 2023. Earlier than becoming a member of Riot, Chung labored at monetary companies group Nomura, most lately as managing director of M&A. Chung succeeds Colin Yee, who has been CFO since 2022. Yee will transition to a senior adviser position to assist with the transition.

Tim Adams was named chief monetary officer of Validity, an electronic mail advertising and marketing platform. Adams most lately labored at cybersecurity firm Rapid7, the place he has been CFO for the final 4 years. Earlier than that, he held CFO positions at a number of corporations, together with Bitsight, Demandware and athenahealth.