Position
Chief Financial Officer
Company
Green Thumb Industries
MorristownBankingFinanceFinancial ServicesDescription
Valley National Bancorp announced a significant change in its executive team, with the departure of Michael Hagedorn from the role of Senior Executive Vice President and Chief Financial Officer, effective November 30, 2024. Travis Lan, the current Executive Vice President and Deputy Chief Financial Officer, will step into the CFO role following Hagedorn's departure. The company will commence a search for a new Chief Financial Officer, considering both internal and external candidates.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months