StrategicCFO360, a member of the Chief Executive Officer Group, and the CFO Leadership Council announce the winners of the second annual CFO Leadership Awards, recognizing those in one of the most demanding, important and rapidly changing roles in business. Recognized finance executives who set new standards of excellence.
The selection committee, which included CFOs from Bank of America, Humana, Oracle, Starbucks, Marriott International, and other well-known companies, included Peter Ovaldyk, CFO and EVP of T-Mobile (pictured above, right); ) was selected as the CFO of the Year. Costco CFO Richard Galanti has been selected as the 2024 Lifetime Achievement Award recipient.
StrategicCFO360 and the CFO Leadership Council also named three recipients of the new “Rising Stars” award, which recognizes dynamic CFOs early in their finance leadership careers.
All awards will be presented live in New York on December 9, 2024, as part of a half-day education and networking program for CFOs. (For event details and to register, visit StrategicCFO360.com/awards.)
T-Mobile's Osvaldyk is recognized for overseeing the T-Mobile and Sprint merger that has generated more than $70 billion in shareholder value since 2020 and for “leading wireless carriers to new heights,” earning him the top award of the year. Awarded as an outstanding CFO. He also noted Mr. Osvaldyk's success in guiding T-Mobile's financial strategy during unprecedented growth and transformation. Mr. Osvaldyk joined T-Mobile in 2016 as Senior Vice President and Chief Accounting Officer.
The Lifetime Achievement Award will be presented to Richard Galanti, the former CFO of Costco who retired last March. This award recognizes CFOs who (1) have created a strong legacy of contribution to the company's growth and profitability, and (2) have had a positive impact on the company. A larger community of financial executives
Mr. Galanti served as CFO of retail giant Costco for more than 30 years. His financial acumen has built a sustainable growing empire with a 93% membership renewal rate and 17% annual stock growth.. The selection committee said Galanti's approach to financial discipline, efficiency and strategic expansion contributed to Costco's continued success.
Joe Sharek, Partner and Managing Director at AlixPartners, who serves as special advisor to the judges throughout the CFO Leadership Awards process, said: A CFO's job goes far beyond numbers. They have never been more central to outperforming truly great companies. ”
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The CFO Rising Stars award will also be presented on December 9 and will be presented to CFOs who have demonstrated tangible innovation, adaptability, initiative and strategic leadership.
This year's three award winners are:
- sandra bieberEvolus' CFO, for her “tireless efforts to drive Evolus' rapid growth” and “her strong leadership to guide critical processes and drive smart strategic decisions,” according to the nomination. For positively impacting the mission of a beauty company by
- bill blankemeyerCFO of High Brew Coffee/Be-liv USA, will play a “pivotal role in strategic planning, extracting high-level market insights to guide company direction and investments” and will lead the company's international acquisitions in 2023. For leading the successful sale of High Brew to
- jessica elizabeth mcclainCFO, Girl Scout Council Capital Region, improved the organization's bottom line and bottom line by implementing changes to operational and financial processes, automating manual accounting tasks, and developing and launching training programs for finance teams and management teams. For that.
“The role of the CFO has changed in recent years, with CFOs emerging as true strategic partners for CEOs and leaders across the organization,” said Jack McCullough, president and founder of the CFO Leadership Council. states. “We felt that their contributions to the company and, by extension, the global economy should be recognized, and we are honored to do so.”
The Rising Stars Awards steering committee narrowed the list of nominations to 10 finalists, from which CFO Leadership Council members (including 2,500 across the country) voted on the top three companies.
About CFO of the Year and Lifetime Achievement Award
The 2024 CFO Leadership Award Selection Committee includes Bank of America CFO Alastair Borthwick; Susan Diamond, CFO of Humana. Jeff Epstein, Bessemer Venture Partners CFO Council Leader Gary Millerchip, Vice President and CFO, Costco Leeny Oberg, Vice President and CFO, Marriott International. Richard Puccio, Vice President of Finance and CFO, Analog Devices. Rachel Ruggeri, Starbucks CFO. Aradhana Sarin, executive director and CFO of AstraZeneca. Tracey Travis, EVP and CFO of Estée Lauder Companies.
About the CFO Leadership Council
The CFO Leadership Council is a professional organization whose mission is to help senior finance executives achieve success in their careers and the people and companies they lead. Our members realize this success through the supportive and energetic community we foster. This community helps you build a professional network with colleagues and engages members in engaging discussions that provide practical, concrete insights on business and leadership issues. CFOLC has a global community of over 2,000 members and hosts over 300 events annually.
About the CEO Group
The Chief Executive Group, the leading community for American business leaders, chief executive Magazine, ChiefExecutive.net, corporate director The company operates magazines, BoardMember.com, StrategicCFO360.com, StrategicCIO360.com, and StrategicCHRO360.com, and creates conferences and roundtables that allow executives to discuss key topics and share their experiences with their colleagues. Masu. CEG also convenes a number of peer networks, including the Chief Executive Officer Network, the CFO Leadership Council, and the Corporate Directors Network. For more information, please visit ChiefExecutiveGroup.com.
About Alix Partners
For more than 40 years, AlixPartners has helped companies around the world respond quickly and decisively to their most important challenges: urgent performance improvement, accelerated transformation, complex restructuring, and risk mitigation. I did. Sudden changes in the market, unexpected declines in performance, last minute trades, and crossroads decisions are all at stake. But it's not what we do that makes the difference, but how we do it. Dealing with time-sensitive situations is part of our DNA. That's why we always take an action-oriented approach. We operate at a fast pace, working in small, highly capable teams with specific industry and functional expertise, moving quickly from analysis to implementation. We stand shoulder to shoulder with our clients until the job is completed and measure success only in terms of results. Our approach allows us to help our clients face and overcome challenges that truly define their future. We work with you to make the right decisions and take the right actions. And we're right next to you. When it really matters.
