John Leahy has been appointed the chief financial officer of Cengage Learning with effect from 1st December.
Based in Boston, Leahy will lead the company’s financial management team and all financial activity for Cengage Learning, and will report to the chief executive officer Michael Hansen as part of the executive team.
Hansen said: “I am very pleased to welcome John to Cengage Learning and look forward to his leadership of our newly re-established financial management team at this important time in our company’s transformation.”
He added: “With this key hire, we have a strong senior financial management team in place and we look forward to John’s leadership to seek opportunities for growth and to ensure our overall financial health. He has an extensive background leading financial operations and his experience will serve us well.”
Leahy most recently served as executive vice president and chief financial officer of Care.com, an online marketplace for finding and managing family care.
Previously, he was executive vice president and chief financial officer of iRobot and executive vice president and chief financial officer for Keane, Inc. He spent the first part of his career with PepsiCo, where he worked for 17 years in a variety of domestic and international management roles.
Leahy’s appointment follows other recent strategic hires in the finance team, including Bob Gibney as chief accounting officer and senior vice president, Financial Planning and Analysis, Frank Vari as senior vice president, Tax and Richard Veith, senior vice president, Treasurer.