December 7, 2017 – Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. One recent example is Polachi Inc.’s recent placement of Sean Bridgeo as senior vice president of operations and CFO of TimeTrade in Tewksbury, MA.
“Sean is a highly motivated executive and we are thrilled to have found the perfect candidate for TimeTrade at an opportune moment,” said Peter Polachi, Polachi Access Executive Search partner.
Mr. Bridgeo has over 15 years of progressive experience in financial management, accounting, planning & analysis, financing & treasury, and merger & acquisitions. Previously, he was CFO for healthcare company Cure Forward. Before that, he spent several years in various roles at healthcare information technology company NaviNet ultimately serving as the company’s CFO.
TimeTrade equips businesses to provide personalized service to customers, creating a service guarantee that improves customer satisfaction, loyalty and retention, and increases sales growth. TimeTrade’s customer engagement cloud, an enterprise platform delivered through a worldwide cloud-hosting network, provides omnichannel and mobile application tools.
Transitioning CFOs Seen Fast Tracking to CEO
La Quinta’s naming of Keith Cline as company president and chief executive officer is the latest in a running catalog of completed CEO searches that have resulted in the winning candidate coming from the CFO slot. Korn Ferry took on the search last fall after Wayne Goldberg stepped down from the post last September.
Polachi is a provider of access executive search services to technology, clean technology, private equity and venture capital companies. The firm recruits executive leaders for clientele that includes Aspen Technology, Bottomline Technologies, Attunity, Cognizant Technologies, MAM Software, Trillium Software/Harte Hanks, FleetMatics, Lionbridge, Sparta Systems, Sevcon, Epsilon, Cognex, Plug Power, Mediamorph, Witricity, BlueConic, Perkins School, Knoa and Visual IQ, among others.
The need for top-flight financial executives is growing, say recruiters, and CFOs are in greater demand than most C-suite leaders. That raises the question of what exactly CEOs are looking for as they work with recruiters to find their next CFO. The position generally serves as a close advisor to the chief executive, so the stakes are high.
In recent months, search firms of all varieties have placed CFOs at various companies. Here’s a look at a few from the Hunt Scanlon Media archives:
Mercury Media enlisted WinterWyman Executive Search to help find its next CFO. Senior vice president and partner Ken Martin is spearheading the search. The CFO is expected to direct and oversee all of the financial activities of the company and will serve as a strategic business partner to the chief executive officer in driving operational initiatives and business strategy.
The Museum of Contemporary Art (MOCA) has retained Los Angeles-based Shelli Herman and Associates to find its next CFO. Shelli Herman, president of the recruitment firm, will lead the search along with her associate, Krista Haley. MOCA is seeking an experienced, results-oriented CFO for the museum’s strategic financial health, operational management and administration.
New York-based executive search firm The Risch Group placed Jason Emerson as CFO of Dynasty Financial Partners. Mr. Emerson, who has over 20 years of experience in the financial services industry, previously worked as managing director and chief operating officer for Convergex Execution Solutions.
Polachi Inc. placed Stephen Smith as executive vice president and CFO of Inseego Corp. in San Diego. Since 2016, Mr. Smith has worked as a financial consultant for multiple early and mid-stage SaaS, networking and 3D imaging businesses. He has also served as interim CFO of TetraVue Inc.
BridgeStreet Partners placed Tony Cossentino as CFO of J.W. Logistics. Dave Westberry, managing director of the search firm, led the search. Mr. Cossentino brings a wealth of financial and logistics experience in private equity, corporate sponsored and publicly traded middle-market growth companies primarily in the manufacturing, distribution and third-party logistics industries.
TRANSEARCH International placed Jarrett Pugh as the CFO of Greenberry Industrial LLC. The search was led by consultants Mike Morrow and John Ryan. Mr. Pugh has held several positions in the Gulf Coast area, where he recently worked as the manager of finance and project accounting in the oil, gas, and chemical division of CDI Corporation.
TillmanCarlson recruited Terence R. Rogers as EVP and CFO at Roadrunner Transportation Systems. Founder Rob Tillman led the searches. Mr. Rogers previously served for four years as CFO for the Heico Companies, LLC, parent company for a diversified portfolio of more than 35 businesses.
Diversified Search placed Sean P. Roddy as CFO for Catholic Charities USA. Nalini Perkins, managing director of the recruiter’s non-profit practice, and Mark Mulvanerty, managing director of its financial officers practice, co-led the assignment. Most recently, Mr. Roddy was a consultant for accounting and financial consulting firm Cordia Partners.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media