Good chief financial officers are not just numbers people. They are visionaries.
They use their financial expertise to anticipate their company’s needs and work with top management in guiding it to the next level.
The 2008 winners of Virginia Business CFO of the Year Awards demonstrate how CFOs are defining the profession. One reshaped her company’s financial organization into an integrated team and rooted out reporting problems that had kept the corporation off the Fortune 500. Another helped build his nonprofit organization into one of the state’s major health-care providers and now is involved in its transformation into an institution resembling the Mayo Clinic.
The winners represent five categories: small private companies (100 or fewer employees), large private companies, small nonprofits, large nonprofits and publicly traded companies. Fifty CFOs were nominated for this year’s awards.
A five-member panel of CFOs selected the winners. The judges included:
• Douglas E. Blum of the Capital Region Airport Commission in Richmond, CFO of the Year winner in 2007 in the large nonprofit category;
• Timothy W. Lawson of CCS-Inc. in Christiansburg, winner in the small private company category in 2006;
• Roy D. Peters of the Central Virginia Foodbank of Richmond, winner in the small nonprofit group in 2007;
• Victor Sellier of Argon ST in Fairfax, winner in the public company category in 2007; and
• Monique Valentine of the Associated General Contractors of America in Arlington, a past chair of the Virginia Society of CPAs.
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