|Members of the San Fernando Valley finance community gathered to celebrate the annual CFO of the Year Awards on Wednesday, June 15. Century Group was proud to partner with the San Fernando Valley Business Journal as a presenting sponsor at this year’s event, honoring the important work of CFOs as financial stewards in public, private, nonprofit, government and public sector companies and organizations throughout the San Fernando Valley.
The 2016 awards went to Lawrence Balingit, CFO of Aware Products, LLC; Lori Cardle, CFO of Valley Presbyterian Hospital; Karen Davis, Vice President of Administration and Finance at California Lutheran University; Tom Emery, CFO of DineEquity, Inc.; Gary Johnson, CFO of BNK Petroleum Inc.; Mitula Patel, CFO of Momentous Insurance Brokerage Inc.; Gerry Schauer, CFO of Hydra Electric Company; and Jerome Taieb, CFO of MS Aerospace.
The awards committee chose to honor eight finance executives this year, rather than selecting one from each of the six categories. “The CFO Awards once again highlighted the amazing talent in finance and accounting throughout the San Fernando Valley,” said Phil Bruno, Managing Director of Century Group’s San Fernando Valley offices and a member of the awards committee.
“The selection process was an indication of the high number of deserving finance leaders who have led their organizations through a variety of challenges presented by the economic environment in the Valley over the past year. As a result, we wanted to present awards to the most deserving professionals, regardless of category. We were thrilled to honor the eight winners this year, as well as all the nominees.”
Each winner said they were honored to be recognized for their work, and they shared the awards with those who supported them, as well as their fellow nominees. Karen Davis of California Lutheran University said, “It’s easy to do a great job when you have a great team behind you,” while Tom Emery of Dine Equity said, “I am grateful to my team – they’re the ones who deserve this.”
The awards committee selected this year’s winners from 33 finalists, all nominated by colleagues in the profession. The committee looked at a number of criteria for each person who was nominated, including the length of time they had been with their organization, the overall body of work in their career, the impact they made within their organization; the impact they made compared to their peer group, the financial success and stability of their company, and their involvement in both industry groups and the community. More details and photos from the event, as well as a profile on each honoree, can be found in the June 27 issue of the San Fernando Valley Business Journal.