This week’s executive shifts include Flight Centre acquiring an ex-Kmart marketing exec, Principal naming a new chief marketing officer and Facebook’s chief revenue officer joining as chair of the Ad Council’s Board of Directors.

Ex-Kmart Exec Joins Flight Centre As CMO

Flight Centre snagged Joachim Holte this week to serve as chief marketing officer, Mumbella reports.

Holte joins Flight Centre, the largest retail travel outlet in Australia, after leaving his executive marketing role at Kmart for the position. He previously served as marketing and strategy lead at Wotif, Yahoo, Rate City and Wayfair.

According to Mumbella’s reporting, Holte will report to Flight Centre’s executive GM, Alissa O’Connell. 

“We are pleased to welcome Joachim and believe he will play a valuable role in our brand’s ongoing evolution,” she said.

Principal Hires SVP, CMO

Principal Financial Group announced the hiring of Beth Wood as senior vice president and chief marketing officer. Her new role becomes effective on July 22nd when she will report to Principal’s president and CEO, Dan Houston.

In a press release announcing her hiring, Houston remarked on Wood’s 25 years in the industry.

“Her strong track record and deep understanding of data will help us better anticipate and meet our customers’ needs around the globe. And as a previous entrepreneur, she understands the challenges small to medium-sized business owners face and how we can provide the technology and expertise to ensure their businesses thrive,” said Houston.

Wood previously served as VP and CMO at Guardian Life Insurance, VP of marketing at MassMutual and in marketing roles at Frito-Lay and Johnson & Johnson.

Facebook Chief Revenue Officer Joins As Chair Of The Ad Council’s Board of Directors

Facebook’s chief revenue officer, David Fischer, will succeed Linda Boff as chair of the Ad Council’s Board of Directors. He first joined the board in 2011 and previously served as vice chair.

According to a statement today from the Ad Council, Fischer will be working “in collaboration with the Executive Committee, the governing body of the Ad Council’s Board, and Ad Council leadership to further the organization’s mission to use the power of communications to address more than 30 critical social issues.”

Fischer’s record at Facebook includes a 10-year tenure during which he’s overseen growth of the platform’s advertising business while managing its global sales and marketing teams.

Lisa Sherman, president & CEO of the Ad Council, noted that “David’s commitment to purpose-driven marketing has been invaluable to the Ad Council and our social good campaigns.”

View the full list of Ad Council’s Board of Directors here.

Check out our careers section for executive job openings and to post your own staffing needs.

Editor’s Note: Our weekly careers post is updated daily. This installment is updated until Friday, July 5. Have a new hire tip? We’re looking for senior executive role changes in marketing and media. Let us know at

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