Tagged: cfo of the year

Arkansas Business Announces Finalists for 2012 CFO of the Year Awards

by Arkansas Business Staff 11/5/2012 10:53 am

Profiles of all the finalists of the 2012 Arkansas Business CFO of the Year Awards, who will be honored at a lunch on Wednesday, Nov. 14 at the Embassy Suites in Little Rock. Tickets available here.

2011 Arkansas Business CFO of the Year Awards (Publisher's Introduction)

by Jeff Hankins 11/7/2011 12:00 am

A chief financial officer is both a historian and fortune-teller responsible for recording what has happened and for predicting what will happen with a company's financial performance. The honorees recognized in these pages represent the perfect combination of intelligence, judgment, loyalty, integrity, high energy, balanced ego and impressive ability to see around corners.

CFO of the Year Finalists (Nonprofit): Talmage J. Whitehead

by Arkansas Business Staff 11/7/2011 12:00 am

Talmage Whitehead's switch to the nonprofit sector in 2005 with first a comptroller job, followed by his current CFO position for community health care provider ARcare, permitted him to return to and invest in his hometown of Augusta.

CFO of the Year Finalists (Nonprofits): Nikki Parnell

by Arkansas Business Staff 11/7/2011 12:00 am

Among Nikki Parnell's achievements has been to pay for the Museum of Discovery's events and staff without the nonprofit's usual major funding sources of admission fees and facility rentals. The Reynolds grant is paying for renovations, not museum operations.

CFO of the Year Finalists (Nonprofits): Laine Harber

by Arkansas Business Staff 11/7/2011 12:00 am

As CFO and deputy director of operations for the Arkansas Arts Center in Little Rock, Laine Harber has taken on a wider range of responsibilities than he's had in the past but for a much smaller, community-focused organization.

CFO of the Year Finalists (Large Private Company): Jim Wilson

by Arkansas Business Staff 11/7/2011 12:00 am

In 1976, Jim Wilson moved to Baldwin & Shell Construction. Wilson was attracted to the dedication of Baldwin & Shell's executives, like President Bob Shell, who has been with the company since 1950.

CFO of the Year Finalists (Large Private Company): Michael Henderson

by Arkansas Business Staff 11/7/2011 12:00 am

Michael Henderson is one of a trio of men who oversee the three arms of Electric Cooperatives of Arkansas: Arkansas Electric Cooperative Corp., a utility group that builds power plants and generates electricity; Arkansas Electric Cooperatives Inc., a utility that serves five states; and Electric Research & Manufacturing Corp., which produces and sells single- and triple-phase transformers.

CFO of the Year Finalists (Large Private Company): Paul Hart

by Arkansas Business Staff 11/7/2011 12:00 am

Paul Hart moved back to Texas to work on his master's degree in accounting at the University of Texas at Austin. Then, in 1997, he worked with his father in a Little Rock accounting firm. During that time he was assigned to McLarty Cos., the parent company of RLJ-McLarty-Landers Automotive. He now serves as executive vice president and CFO of McLarty Cos.

CFO of the Year Finalists (Small Private Company): Chris Perry

by Arkansas Business Staff 11/7/2011 12:00 am

At RAPA, Chris Perry has faced one challenge after another. In addition to dealing with declining reimbursements from insurance companies and government programs, he has to contend with the uncertainty of health care reform. And among his duties is overseeing the human resources department for the company, which has 120 employees and 40 doctors.

CFO of the Year Finalists (Small Private Company): Joe March

by Arkansas Business Staff 11/7/2011 12:00 am

Leaving a Fortune 500 company for one that had less than $50 million in revenue annually was a tough decision, but Joe March decided to take the job at New Creature because it allowed him to be a generalist rather than a specialist.

CFO of the Year Finalists (Small Private Company): Ron Faubion

by Arkansas Business Staff 11/7/2011 12:00 am

Ron Faubion's moves at Keith Smith Co. are paying off. After Faubion oversaw the installation of a new accounting system, a new phone system and operational tracking system, the company enjoyed revenue of $41 million in 2009 and is on pace to have $76 million in revenue this year.

CFO of the Year Finalists (Large Bank Category): Fred Wilcox

by Arkansas Business Staff 11/7/2011 12:00 am

Fred Wilcox is executive vice president and chief financial officer of Paragould's First National Bank, with total assets of more than $684 million and a staff of 144. He also manages the bond portfolio at the bank he has called home since November 1984.

CFO of the Year Finalists (Large Bank Category): Melissa Jerry

by Arkansas Business Staff 11/7/2011 12:00 am

Melissa Jerry's interest in accounting culminated in her rise 12 years ago to chief financial officer at First Financial Bank of El Dorado. It is among the state's most profitable financial institutions with total assets of $779.8 million and a staff of 252.

CFO of the Year Finalists (Large Bank Category): Michael Donnell

by Arkansas Business Staff 11/7/2011 12:00 am

As CFO of Chambers Bancshares, Donnell administers and coordinates the asset liability management function, securities purchases and pledges and monitors trust preferred securities and the bank's participation in the Troubled Asset Relief and Temporary Liquidity Guaranty programs.

CFO of the Year Finalists (Small Bank Category): Michael Myers

by Arkansas Business Staff 11/7/2011 12:00 am

Michael Myers returned to Union Bankshares in 2002 and has seen its assets reach net income of more than $4.5 million for the first three quarters of 2011.

CFO of the Year Finalists (Small Bank Category): Hunter W. Johnson

by Arkansas Business Staff 11/7/2011 12:00 am

Two years ago, when Arkansas Business introduced a new feature called “20 in Their 20s,” Hunter Johnson was a member of the very first group. And at 28, he would still be eligible for that feature. But instead, he's now a finalist for CFO of the Year in the small bank category.

CFO Lifetime Achievement Award: Michael C. Hutsell

by Arkansas Business Staff 11/7/2011 12:00 am

Looking for a way out of the S&L industry, Michael Hutsell joined First Security Bank in 1989. Now its president, Hutsell has watched First Security grow into one of the largest banks in Arkansas with deposits growing 19.6 percent in 2010-11 and profit of $62.9 million in the first three quarters of this year.

Lifetime Achievement Award in Accounting: Sam F. Fiser

by Arkansas Business Staff 11/7/2011 12:00 am

Although Sam F. Fiser says that he “tripped and fell out of college” and into public accounting, it turned out to be a lucky break not only for him but also for his clients, though he remains modest about his success.