Here are the executive power moves that help explain everything that's going on in finance, tech and retail

J.P. Morgan CFO Marianne Lake

Richard Drew/AP

JPMorgan's Marianne Lake.

  • Keeping an eye on major hires and promotions is one of the best ways to understand a company's strategy.
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  • Here's a snapshot of the most important executive moves of the week across finance, tech and retail.

Every week we bring you an overview of the most important executive changes from the past week. Last week, JPMorgan named a new CFO and moved finance chief Marianne Lake to a new role. Read more about this and other notable executive changes.

JPMorgan Chase appoints Jennifer Piepszak Chief Financial OfficerAdvertisement

JPMorgan Chase & Co. announced that Jennifer Piepszak will be replacing Marianne Lake as Chief Financial Officer of the company. Lake will become Chief Executive Officer of Consumer Lending, which includes Card Services, Home Lending and Auto Finance. The move could be a sign that Lake is a frontrunner to replace CEO Jamie Dimon when he retires. Lake has been CFO of JPMorgan since 2013 and this will be her first time running a business unit of the bank.

Google Cloud hires former SAP executive to grow enterprise business

Robert Enslin is joining Google Cloud as President of Global Customer Operations. Enslin spent the last 27 years at SAP in leadership roles across sales and operations, most recently as the President, Cloud Business Group and Executive Board Member. He will report to Thomas Kurian who recently took over as CEO of Google Cloud from Diane Greene.

Flexport hires Chief Data Officer from Salesforce

Flexport announced the appointment of Mehmet H. Gӧker as Chief Data Officer and Kevin Paige as Chief Information Security Officer. Prior to Flexport, Gӧker was most recently Vice President of Data and Analytics at SurveyMonkey and VP of Business Data Science at Salesforce. The C-suite expansion strengthens Flexport's commitment to unlocking vital supply chain data that can help clients monitor, optimize and grow their operations. Gӧker will be responsible for strengthening and scaling Flexport's data and analytics functions.Corie Barry will become Best Buy's first female CEOAdvertisement

Best Buy has announced that Corie Barry, currently Chief Financial and Strategic Transformation Officer, will become the company's next Chief Executive Officer effective in June. Hubert Joly, the company's current CEO, will transition to the newly created role of Executive Chairman of the Board. Barry will become the 30th female CEO in the Fortune 500. Barry joined Best Buy in 1999 and has held a variety of financial and operational roles within the organization, both in the field and at the corporate campus. She became CFO in 2016 and, prior to that, served as the company's Chief Strategic Growth Officer.

Scott Friedman steps down as Chief Compliance Officer at Robinhood

Stock trading app Robinhood announced several changes to its management team. Most notably, Scott Friedman is stepping down as Chief Compliance Officer and taking a new advisory role as VP of Compliance Affairs. John Castelly will succeed Friedman as Chief Compliance Officer who is transitioning out of day-to-day operational management. Castelly joins Robinhood from Personal Capital, where he served as Chief Compliance Officer. He has also worked in senior legal roles at TD Ameritrade, and the SEC.Advertisement

Christian Wylonis is the co-founder and CEO of The Org, where you can meet the people behind the world's most innovative companies, explore organizational charts, stay updated on team changes, and join your own company.