For the nine honorees in this year’s Providence Business News Chief Financial Officer Awards program, the math is the easy part. But what sets this group of financial executives apart is their impact beyond the numbers.
For example, the career-achievement award winner, Jeffrey A. Burchill, CFO for FM Global, has needed to do far more than juggle investing strategy, risk assessments and clients from 130 countries (as if that weren’t enough!).
When he was appointed CFO of the global property and casualty insurer, he had to merge the systems and cultures of five different insurance companies. He did that so well that in the decade-and-a-half since, FM Global has grown yearly revenue fivefold. Today, he spends a lot of time meeting clients wherever they are, and is given credit by company Chairman and CEO Shivan S. Subramaniam with playing a significant role in its 90 percent client-retention rate.
DiPrete Engineering Associates CFO Christopher J. Ready has taken the time to educate the engineers of the firm on how to understand the financial implications of what they do, turning them into true stakeholders in the operation and not just the technical talent.
And Blue Cross & Blue Shield of Rhode Island CFO Mike Hudson hit the ground running. Within his first year on the job he was able to diffuse concerns about rate increases through timely research and outreach, as well as start the transition from fee-for-service contracts with health care providers to those built around quality metrics.
As is always the case, PBN recognition programs depend on the engagement of sponsors, and the 2013 edition of the CFO Awards in no exception. Presenting sponsor is KPMG, and partner sponsors are Bryant University, Cox Business, Gencorp and TD Bank. Join them, and us, in congratulating these outstanding financial professionals.
Mark S. Murphy