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The Nominations Capital

The Beltway names its favorite CFOs. Plus, Citrix CFO resigns, and Pocketop appoints its first finance chief.
Lisa YoonMay 14, 2002

The Beltway appreciates its CFOs, especially in the tech sector… In fact, every year for the past six years, Greater Washington has shown its love with an annual awards show, dubbed—what else?—Greater Washington Technology CFO Awards… The awards, sponsored by the Northern Virginia Technology Council (northern Virginia is home to dozens of high-tech companies), the Maryland Tech Council, and the DC Tech Council, “recognize CFOs and financiers for extraordinary achievement and excellence in promoting the development of the Greater Washington region’s technology community.” Award categories include CFO of the Year, Financier of the Year, Community Service, and every finance chief’s dream: the Hall of Fame…

So who are the tech finance stars of the Beltway? Apparently, big government means big money in Washington… Two of the nominees for CFO of the Year specialize in government IT… Steve Eaechter heads finance for CACI International… CACI’s biggest client? The U.S. Defense Department, which accounts for 60 percent of sales… The Arlington, Va.-based company saw third-quarter profits jump up 54 percent… Share price up 63 cents at close of market on Monday, to $32.50…

Stuart Loyd is also up for the prize… His employer, Fairfax, Va.-based PEC Solutions, maintains IT systems for agencies like the Internal Revenue Service and the Justice Department…

How Startup CFO Grew Food Company 50% YoY

How Startup CFO Grew Food Company 50% YoY

This case study of JonnyPops’ success highlights the unusual financial and operational strategies that enabled rapid expansion into a crowded and highly competitive frozen treat market. 

Other nominees for CFO of the Year are Ron Kaiser of data-storage company OTG Software,Phil Balsamo of Vastera, which makes software for shipping companies, and supply-chain-management software maker WebMethods…

Winners, including recipients of the Community Service and Hall of Fame awards, will be announced at June 6 award dinner…

On the Move

>> John Cunningham retiring as CFO of software maker Citrix Systems Inc. by end of calendar year… Cunningham, 64, joined Citrix in 1999 after stint as CFO of Wang Systems… Earlier in career had been CFO of Maytag Corp. and Whirlpool Corp…. In case you’re curious, Citrix software enables companies to move to thin-client computing—very trendy these days…

>> Pocketop Computer Corp. now has its first-ever finance chief, naming Phil Leong to the post… Leong joins Vancouver, Canada-based company from Group Telecom, where he was director of sales for company and director of business operations for company’s Pacific Region… Privately held Pocketop makes wireless keyboards for handheld devices…

>> SmartDisk Corp. named Peter Quinn new CFO… Before joining data-storage-device maker, Quinn was CFO at Numerex Corp….