— Seattle-based pet insurance coverage firm Trupanion named Fawwad Qureshi as CFO.
The appointment, efficient Sept. 25, comes after CFO Drew Wolff stepped down in June. The firm stated interim finance chief Wei Li will stay on the firm as senior vice chairman of finance and company controller.
Qureshi most lately served as SVP of finance at Expedia Group, overseeing the journey large’s portfolio of client manufacturers. He was CFO of Nike Global Technology, the place he oversaw the corporate’s consumer-facing tech merchandise. Before that, Qureshi spent practically 19 years at Intel, the place he served as senior finance director and head of finance.
“We are thrilled to welcome Fawwad to Trupanion,” stated President Margi Tooth. “He joins Trupanion with a pedigree of senior financial leadership in rapidly growing, consumer businesses.”
Trupanion reported income of $270.6 million for its second-quarter ended June 30, up 23% from the year-ago interval. Its web loss rose to $13.7 million, barely increased than $13.6 million throughout final 12 months’s interval. The firm faces competitors from a rising variety of pet insurance coverage manufacturers together with Lemonade, Spot, Chewy, and others.
— Burnaby, B.C.-based clear power firm General Fusion appointed Norman Harrison to its board of administrators. He beforehand served as CEO of United Kingdom Atomic Energy Authority, the place he oversaw analysis of fusion power experiment Joint European Torus.
