Small Private Company CFO: Tom Major, Mayfair Sterling

Small Private Company CFO: Tom Major, Mayfair Sterling
Tom Major, CFO / Mayfair Sterling / Little Rock

In four decades in accounting, only a couple of experiences put off Tom Major.

The first was a year working outside Arkansas; the other a far more recent attempt at retirement. The Little Rock native and Hendrix College graduate quickly remedied both missteps. 

After taking a job with Levi Strauss in Little Rock, he took an opportunity at the company’s headquarters in San Francisco. “I didn’t last long in the big city, and after a year, I decided I wanted to come home to Arkansas.”

He wound up with TCBY, the Arkansas frozen yogurt chain, shifting his emphasis to information technology work while the business grew from 100 locations to 1,600. “I joined them in their go-go years,” Major said.

His next notable role was starting his own company, REACH-Solutions, selling, installing and supporting computerized accounting software. After building it for two decades, he sold it to InterDyn BMI of Minneapolis, chalking up what he sees as one of his top career accomplishments. “Passing the CPA exam in my early years was another huge milestone.”

From 2016 to 2019, he was CFO of ClearPointe of Little Rock, a computer systems consultancy, and he decided to retire when it was sold. “I was 73, and it seemed like the right time.” It wasn’t.

A chance to do accounting part time led to his current CFO post at Mayfair Sterling, led by one of his favorite leaders, RJ Martino. His other all-time favorite boss was TCBY’s Frank Hickingbotham. Martino said top-line revenue at Mayfair Sterling has grown “by more than 10 times what we were doing before Tom’s arrival,” and another top executive called Major “the best hiring decision we have made” in the past five years. 

That description pleased Major, who mentioned that his father died at 101. “My mother was 99, so I figure I’ve got a few good years left in me.”

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