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Michael (Mike) A. Norona

Michael (Mike) A. Norona

Mike Norona P’17 ’22 is an experienced corporate board member and a retired Fortune 500 company CFO with nearly 30 years in retail and multi-unit global businesses. He is accomplished in business turnarounds and leading transformational change in high-growth environments, with a proven track record of creating shareholder value. Norona has deep corporate governance and regulatory experience through his finance, legal, board and board committee roles and is qualified to serve on audit committees as a financial expert.

Norona serves on the Board of Directors and Audit Committee Chair of Clarios, the world leader in automotive batteries with revenues exceeding $8B. He was Executive Vice President and Chief Financial Officer for Advance Auto Parts, 2008-2016, during a time when the company delivered significant growth and value creation. In addition to his finance responsibilities, he also held leadership roles in Legal, IT and Human Resources. Prior to Advance, Norona spent almost 20 years with Best Buy during its hyper-growth years. He started his career in Best Buy’s Canadian subsidiary and had escalating financial leadership roles in Canada, ultimately serving as head of finance. In the U.S., he held several finance officer roles with the last role being President - Financial Services. 

Norona is on the Audit Committee and is a Director Emeritus of the Juvenile Diabetes Research Foundation and a former International Board of Directors Member and Finance Committee Member of the JDRF. He is also on the UNC Kenan-Flagler Board of Advisors and is a member of the UNC Kenan-Flagler parents’ council. Norona has a Bachelor of Commerce degree (Accounting) from the University of British Columbia, Canada, and is a Chartered Professional Accountant, CPA, CGA, Canada. 

Norona and his wife, Helen, have been married for more than 30 years, and they have two sons: Dylan ’22 and Jordan ’17. He is also an avid runner.