2022 Notable Chief Financial Officers

A strong financial leader is essential to any organization’s success. The 12 notable chief financial officers whom TCB is spotlighting for 2022 do far more than balance budgets—they are spearheading funding rounds, implementing more efficient payroll systems, managing growth, and setting strategic plans for important Twin Cities-based businesses.

Methodology: The individuals featured did not pay to be included. Their profiles were drawn from nomination materials. This list is not comprehensive; it includes only people who were nominated and accepted after editorial review. To qualify for this list, individuals must have at least five years of experience in their field and have shown the ability to effect change in their roles or areas of practice.

To nominate other best-in-class executives in their fields, click here.

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Abdirahman Abdi

Abdirahman Abdi

Chief financial officer, Hennepin Health
Driven to make high-quality health care more affordable and accessible for all, Abdirahman Abdi has been transforming organizational performance at Hennepin Health for nearly six years as the leader of
Brian Van Abel

Brian Van Abel

Executive vice president/CFO, Xcel Energy
Brian Van Abel became executive vice president and CFO at Xcel Energy in March 2020, just as the global pandemic was taking hold. He leads the finance functions of the
Penny Cermak

Penny Cermak

Executive vice president/CFO, HealthPartners
Penny Cermak moved her family to the Twin Cities in 2021 to join Bloomington-based HealthPartners, bringing 30 years of executive finance experience concentrated in health care. She has a strong
Joe Chybowski

Joe Chybowski

Chief financial officer, Bridgewater Bank
Joe Chybowski joined Bridgewater Bank in 2013 as a financial analyst on the rise and became CFO in 2016. Since then, he’s built a talented and nimble finance division and
Tom Cronin

Tom Cronin

Chief financial officer, Roers Cos.
With more than two decades of industry experience, Tom Cronin hit the ground running when he joined commercial real estate development firm Roers Cos. as CFO in 2021. Since then, he’s
Krista Dusil

Krista Dusil

Chief financial officer, Be The Match
Krista Dusil joined Minneapolis-based nonprofit Be The Match in 2021, bringing more than 20 years of health care leadership experience across functions including finance, product, and operations. She’s committed to
Scott Huckins

Scott Huckins

Chief financial officer, SunOpta
A financial leader with 30 years of experience growing brands around the world, Scott Huckins is all-in on driving innovation at SunOpta, an Eden Prairie-based multinational natural food and beverage
Richard Magnuson

Richard Magnuson

Chief financial officer, Allina Health
Richard Magnuson has served as Allina Health’s CFO since 2017. He is responsible for ensuring that the Minneapolis-based health care system’s resources are properly deployed to enhance the quality, safety,
Charles Marentette

Charles Marentette

Chief financial officer, Gravie
Scaling up responsibly has been Charles Marentette’s mission since 2019, when he joined Gravie, the fast-growing Minneapolis-based health benefits solutions company. Gravie's first CFO, Marentette brings more than 20 years
Brenda McCormick

Brenda McCormick

Senior vice president/CFO, Children’s Minnesota
With nearly 30 years of experience in finance leadership roles across public corporations and not-for-profits, Brenda McCormick joined Children’s Minnesota in 2019. As CFO, she has led several initiatives including
Dave Rust

Dave Rust

Chief financial officer, Salo
Dave Rust has served as Salo’s CFO for four years, but the Minneapolis-based talent firm describes him as “much more than the numbers guy.” “He’s a mentor, trusted advisor, advocate,
Roger Vang

Roger Vang

CFO/vice president, Diversified Plastics, Inc.
For the past 18 years, Roger Vang has been an integral part of Diversified Plastic’s leadership team as CFO. In 2021, Brooklyn Park-based DPI doubled its revenue and delivered record