Former CFMA (Construction Financial Management Association) national chairman Herb Brownett led an interactive presentation exploring how the industry’s best CFO’s are transcending the accounting function to help build the value and future of their companies when the newly formed New Hampshire chapter of the CFMA met in May.
The session titled What should a construction CFO really be doing? focused on how and why CFOs can help their companies in vital areas including business analysis, strategic planning, risk management and maximization of technology. Palmer & Sicard, one of the largest full-service mechanical contracting firms in New England, sponsored the event in Manchester, and more than 30 CFMA members attended.
Brownett, now an industry consultant, was national chairman of CFMA and a construction financial professional for more than 30 years. He was CFO of Brubacher Excavating, executive VP of Textura Corporation, senior VP of finance and administration of The Norwood Company and VP of finance for the George Hyman Construction Company (now Clark Construction).
David Flynn, CFO and executive VP of B2W Software, is an active member of CFMA nationally. He is also a founding member and vice president of the chapter in his company’s home state of New Hampshire. Contractors interested in joining the CFMA and accessing all of the benefits this premiere industry organization offers are encouraged to contact Dave at [email protected].
Several members of the Board of Directors for the new CFMA chapter in New Hampshire participated in the session on the role of construction CFOs led by Herb Brownett (fifth from the left).