CFO Awards (Recap)


September 23, 2020 | 2:00 PM - 3:30 PM
Free Virtual Event


Letter from the Publisher

Scott Schimmels

Los Angeles Business Journal CFO Awards Panel Discussion 2020

As part of the Los Angeles Business Journal’s CFO Awards free virtual event that was staged this year on Wednesday, September 23rd, we also featured an elite panel of industry experts who discussed the ever-changing economic climate, the evolving role of the CFO, the current state of financial affairs, and the overall impact to businesses in Southern California.

It was a discussion not to be missed, with our panelists delving into specifics pertaining to how companies are rebounding financially from the COVID-related challenges and some of the best practices that have evolved around the “new normal” in order to achieve fiscal resiliency.


SPEAKERS



  
Brandon Ferrera
Southern California Market Executive, Middle Market Banking
Fifth Third Bank
“It was an honor for me to represent Fifth Third Bank as a panel member during today’s LABJ CFO awards event and to hear the perspectives of my fellow panelists from RSM and Marsh &McLennan. While this has been a challenging environment, it has provided us the opportunity to roll up our sleeves, dig in, and work in a collaborative fashion with our clients in determining their near term capital needs.”

  
Brian Hegarty
Principal, Managing Director Los Angeles | Employee Benefits Division
Marsh & McLennan Insurance Agency LLC
“While these are trying times, our business community is resilient and has been successful in pivoting to a work from home environment that has resulted in an increase in productivity. It’s been exciting to see our clients push through and adapt to a more virtual environment.”

  
Atul Sapra
Principal, International Tax Services
RSM
“The shock of the pandemic has provided feedback to a lot of companies and caused them reconsider their operations from both the supply side and demand side.”

HONOREES


PUBLIC COMPANY CFO OF THE YEAR
Winner
Steve Binder - MANNKIND
PRIVATE COMPANY CFO OF THE YEAR (LARGE COMPANY)
Winner
Lilit Davtyan - Phonexa
PRIVATE COMPANY CFO OF THE YEAR (MEDIUM COMPANY)
Winner
Eric Chan - L.A. Clippers
PRIVATE COMPANY CFO OF THE YEAR (SMALL COMPANY)
Winner
Brett Abbey - Mob Scene

RSM MIDDLE MARKET
Winner
Sean Brecker - Headspace Inc.

GOVERNMENT CFO OF THE YEAR
Winner
Ann Santilli - Los Angeles Department of Water & Power
NONPROFIT CFO OF THE YEAR
Winner
David Felman - Jewish Family Service Los Angeles
STARTUP CFO OF THE YEAR
Winner
Scott Lai - Burst USA, Inc.
RISING STAR CFO OF THE YEAR
Winner
Amer Alnajafi - Anastasia Beverly Hills

For the list of Finalists:

click here


Inside This Supplement:

Stay in Touch with a Critical Business Partner
In the COVID-19 era, keeping in touch and staying connected is a challenge, both in our personal and business lives. However, by applying technology and ingenuity, we can find ways, and the payoff is enormous... Read More

Most Businesses Proceeding with International Expansion Plans
Recent research released by Globalization Partners and CFO Research indicates that most businesses are undeterred by the impact of COVID-19 and are still moving forward with plans for new or expanded international operations... Read More

A Global View: CFOs' Perspectives on Fiscal Recovery
As COVID-19 restrictions continued to lift in some countries while others remained in lockdown, PwC’s COVID-19 CFO Pulse survey from this summer revealed that CFOs are most concerned about the effects of a global economic downturn (60%) and the possibility of a new wave of infection (58%)... Read More

Only 48% of Businesses Are Operating with an Agile Planning Process
Vena Solutions, a platform that connects people, process and technology to power integrated finance-led business planning, today announced the release of the inaugural Vena Industry Benchmark Report... Read More

Three Critical Areas Where CFOs Drive Enterprise Performance Improvements
Chief Financial Officers and finance leaders are playing a larger role in enterprise-wide business transformations, particularly in operations, technology and talent, according to a survey conducted last year by FTI Consulting’s Office of the CFO Solutions practice, in collaboration with CFO Research... Read More

Report Recommends Strategies for CFOs to Create Long-term Value
FCLTGlobal, a non-profit organization that develops research and tools that encourage long-term investing, late last year released a report that explores the role of chief financial officers (CFO) in long-term financial behaviors and strategies within their companies... Read More


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