CFOs On the Move: Week Ending Sept. 5

The exit of Elon Musk’s xAI CFO is the latest example of executive turnover at high-profile startups

Experts say exiting executives don’t want to become the “fall guy."

CFOs On the Move: Week ending Sept. 5

GitLab’s finance chief leaves for Snowflake, the CFO of Elon Musk’s xAI departs after a few months and a former Nike exec is named CFO of Crocs.

xAI CFO Mike Liberatore leaves company amid string of exits

Mike Liberatore, the chief financial officer of xAI has left the company, according to Wall Street Journal. Liberatore — who was formerly an executive for Airbnb — joined Elon Musk’s firm in April and left around the end of July. Liberatore helped orchestrate xAI’s $5 billion debt raise, alongside another $5 billion in equity, around half of which came from Musk’s SpaceX. He also oversaw some of the expansion of the AI firm’s data center in Memp…