Bronco Wine Co.’s Post

We are pleased to announce the appointment of Dr. Alexander P. Knourek as our new Chief Financial Officer! In his new role, Dr. Knourek will be responsible for leading Frauscher's financial strategy, ensuring long term financial stability and sustainability. With rich experience from diverse sectors, Dr. Knourek stands out for his innovative approaches and comprehensive understanding of financial dynamics. For more information, read the latest press release by clicking below. #Frauscher #announcement #CFO #management #railway

The enduring partnership between Shermac and Thorntons is a journey of trust and mutual growth. Michael Ray, Shermac's CFO, highlights Thorntons' pivotal role in providing tailored financial solutions and strategic guidance, beyond conventional accounting services. With over two decades of partnership, Shermac and Thorntons exemplify the power of synergy and shared goals. Read the full article here - https://hubs.la/Q02LwL2M0

Road to becoming Chief Financial Officer.

📰 Breaking News: CN Revolutionizes Warehouse & Logistics Industry! 🚀 In a groundbreaking move that is set to redefine the standards of the warehouse and logistics sector, CN has unveiled a series of innovative solutions aimed at enhancing efficiency, sustainability, and customer satisfaction. With a commitment to staying at the forefront of technological advancements, CN introduces cutting-edge automation systems that streamline warehouse operations, optimizing inventory management and order fulfillment processes. Leveraging state-of-the-art robotics and AI, CN's warehouses are poised to set new benchmarks for speed and accuracy in product handling. Furthermore, CN remains dedicated to environmental stewardship with the implementation of eco-friendly initiatives across its logistics network. From energy-efficient transportation modes to sustainable packaging solutions, CN prioritizes reducing carbon footprint and promoting a greener future for the industry. In addition to these advancements, CN continues to prioritize safety and reliability in its operations. Rigorous quality control measures and stringent safety protocols ensure that every step of the supply chain meets the highest standards of excellence, providing customers with peace of mind and confidence in CN's services. Stay tuned for more updates and insights from CN as they continue to lead the way in transforming the warehouse and logistics landscape. #Warehouse #Logistics #Innovation #Sustainability #warehousing 🌐📦

If you are the CEO or CFO of a public company part of your responsibilities is to report financial results. Most companies hold an earnings call on a quarterly basis, with management’s assessment of the performance and time for questions and answers from analysts and investors. Beyond the quarterly calls, there are always several individual meetings with investors and potential investors. In essence, you are marketing your company to investment funds and wealthy investors. Preparing you for the calls and these meetings is the responsibility of your head of investor relations. I had a good one at Cedar Fair, and she and her financial colleagues made sure I was always well prepared. I looked forward to most of these meetings. Some of my favorites were those with long-term investors and family offices (wealthy families have teams to manage their investments, no surprise). I remember one of those offices had a motto, “Our job is not to make the family wealthy, it is to keep them wealthy.” At another family office, their investment in Cedar Fair was managed by two incredibly sharp guys. I appreciated that they were always well prepared and each conversation, including those where we disagreed, made me smarter. My least favorite events were banker organized investor conferences where there would be several potential investors seated around a round table. These were usually one-hour sessions in a small conference room and inevitably at least two of the six analysts attending had no idea what our company did, they just needed to fill up their calendar at the conference. When the conversations became too laborious and it became clear that none of these people were going to buy our stock, I used a technique some of you may want to consider – I texted myself an urgent message and abandoned my CFO and VP of investor relations. I’m not proud of it, but one time I misjudged the timing of my return to the room and had to wait out the last five minutes in the suite’s bathroom. I don’t think the investor relations professionals get nearly the credit they deserve. They are often relatively anonymous outside of the financial professional’s circle. They are fact-based and great communicators. They deal with a wide variety of personalities, sometimes under stressful conditions (think disappointing earnings). Next to the CFO, they likely have the deepest understanding of the business model. They make their CEO’s and CFO’s more credible, and they insist, appropriately, on following all the SEC requirements. Several months ago, I wrote a post that proposed a drinking game played whenever you listened to a public company’s quarterly earnings call. If you enjoy a good adult beverage game, track down that post, check out the rules and set a reminder for SIX Flags next earnings call on Nov. 6th at 10AM. As the call comes to an end add one final toast to the head of investor relations. Cheers. PS Edited and reposted due to a technical problem.

Are you a business owner or entrepreneur seeking to recruit your next CFO? Join us for a complimentary webinar chat with Innovators Alliance and Darren Berger CPA, CA, of B. Riley Farber happening on April 11th. Sign up using the registration link in the post below, or reach out directly if you have any questions!

Navigating Tough Decisions: When Letting Go may be the Only Option As the founder of CEFO Advisors and over 25 years of experience in financial management, my career has spanned roles from controller to CFO and then to CEO, giving me a comprehensive view of the challenges in our field. One of the most common yet difficult situations is when a controller's role outgrows their capabilities. This not only affects the individual but also the entire organization. It's essential for a management team to trust and collaborate in finding the right solution, whether it's transitioning the individual to a better-suited role or supporting their departure. My journey has taught me valuable lessons in making these tough decisions. To continue reading the full article, visit https://bit.ly/42ZX8Ix

For all the business owners and entrepreneurs in my network. If you're looking to better understand when to add a finance role to your team this session if for you. #innovatorsalliance #finance #growthmode

Meet our Chief Financial Officer, Karim Ibrahim His decades of experience in finance have made him an expert in instantly adjusting to new and efficient approaches.

TOMORROW, join Mark Davis to learn how to align financial and project delivery with people-centric planning. #LoveClarity #FinancialManagement #StrategicPlanning