Orbia Hires Finance Transformation Leader as CFO
Multinational firm Orbia has appointed a new CFO with a background in finance transformation. The move highlights a trend among large corporations prioritizing leaders with expertise in digitalization and operational agility. FirstEnergy also made a key financial appointment, naming Hannah Turner as Vice President of Transmission Finance.
Orbia's incoming CFO, Cristian "Cape" Capellino, is an internal promotion, previously serving as the company's Vice President of Finance Transformation since 2020. His appointment, effective March 15, 2026, signals a continued focus on operational efficiency as Orbia targets $250 million in annual cost savings by 2027. Capellino, who holds an MBA from MIT, has over 23 years of experience in finance leadership within global manufacturing environments, including a previous tenure at industrial company Tenaris. He takes the financial helm as the company reported $7.6 billion in revenue for 2025. The leadership change comes as outgoing CFO James P. Kelly retires after nearly five years. Kelly will remain with the company through mid-2026 to ensure a smooth transition. At FirstEnergy, Hannah Turner's appointment as VP of Transmission Finance is effective March 1, 2026. She joins from Electric Transmission Texas, where she was the President of the multibillion-dollar enterprise. Turner's role is critical as FirstEnergy advances major multi-year joint ventures, including the Valley Link Transmission project with Dominion Energy and Transource Energy. Her responsibilities will include directing financial planning, reporting, and managing regulatory filings for the company's transmission operations. These appointments reflect a broader industry trend where the role of the CFO is evolving beyond traditional financial management. Modern CFOs are increasingly expected to lead digital transformation, integrate new technologies like AI, and drive strategic, data-driven decision-making. According to a recent Deloitte survey, digital transformation is the top priority for CFOs in 2026. This focus on technological acumen and operational leadership is reshaping the criteria for top financial positions in major corporations.
