Cisco's CFO Jonathan Chadwick Joins McAfee
McAfee has appointed Jonathan Chadwick as chief financial officer (CFO), as of 14 June 2010. He will be responsible for leading all worldwide finance functions, manufacturing, procurement, facilities and information technology. Chadwick will report directly to president and chief executive officer (CEO), Dave DeWalt.
Chadwick joins from Cisco Systems, where he spent 13 years in various finance roles. Most recently, Chadwick held the position of senior vice president (SVP) and CFO, global customer markets. In this capacity, he oversaw Cisco’s finance teams for the service provider, enterprise, commercial, small business and consumer customer segments. Partnering closely with the business leaders for these segments, Chadwick helped to shape strategy, pricing, portfolio and resource allocation decisions. In addition, he headed teams that lead business architecture planning and new business model introduction across Cisco.
Previously, Chadwick was Cisco’s corporate controller, responsible for a team of more than 1000 employees managing external reporting, compliance, procurement, shared services, and global process, systems and controls. Prior to that, he ran the corporate finance and planning group at Cisco. In this companywide role, he designed and implemented the company’s strategic planning process and was heavily involved in Cisco’s mergers and acquisitions. In addition, he managed Cisco’s performance of both long-term and short-term financial goals.
Chadwick joined Cisco in 1997 from Coopers & Lybrand (now PricewaterhouseCoopers), where he had been named audit partner. Chadwick is a chartered accountant in England and holds an honours degree in electrical and electronic engineering from the University of Bath, England.
Chadwick will replace Rocky Pimentel, who joined McAfee in 2008 as CFO and chief operating officer (COO). Pimentel announced his retirement from McAfee in February, but plans to remain with McAfee through early 3Q10 to ease the transition period.