Harley-Davidson announced Wednesday that their Chief Financial Officer (CFO) Gina Goetter will be stepping down from her role at the end of the month to take on the same role at toy maker Hasbro, effective May 18. Vice president, treasurer David Viney will serve as interim CFO after Goetter's departure on April 28.

Goetter succeeds Deborah Thomas, who announced her retirement after a 24-year stint with Pawtucket, R.I.-based Hasbro back in November. The news of incoming CFO Goetter comes as the toy and entertainment company also announced Tim Kilpin as President of Toy, Licensing & Entertainment, effective April 24, 2023, according to a Wednesday filing with the Securities and Exchange Commission.

Goetter, 46, is set to receive an annual base salary of $1 million with an annual incentive award of 100% of her earned base salary. In 2024, the finance chief will be eligible to receive awards under the company’s long-term equity incentive program with an annual target of 300% of her annualized base salary. She will also receive a sign on cash bonus of $350,000, the filing said.

Before stepping down from her almost three year post at Milwaukee, W.I.-based Harley-Davidson, Goetter was senior vice president of finance of the prepared foods segment of Tyson Foods, Inc. from 2019 until 2020. Prior to Tyson Foods, Goetter spent 21 years at General Mills in various leadership roles, including vice president, financial operations of the meals and baking operating unit from 2017 to 2019.

Sources: https://www.cfodive.com/news/harley-davidson-cfo-take-hasbros-helm/647639/