Carrollton, Tex. – Ron Herbert, CFO at FASTSIGNS International, Inc was recently named a Dallas Business Journal’s 2019 CFO of the Year honoree. The CFO of the Year Awards are given to the chief financial officers who deliver outstanding performances for their companies.
A panel of independent judges, drawn from the region's top financial leaders, determine honorees based on criteria that include the following: demonstrated financial growth during the year, success in overcoming significant business challenges or barriers, examples of team leadership and superior management, and demonstrated commitment to the company’s financial best practices and accounting standards, or success as a strategic visionary for the enterprise. Additional factors that are considered for selection include a chief financial officer’s contributions to the community through social, nonprofit or charitable giving.
During his tenure at FASTSIGNS, Systemwide Sales have increased from $385 million to more than $520 million and the number of locations has grown from 557 to 710. These metrics are indicative of Ron’s strengths as an operationally-minded CFO with a focus on growth stage, technology-enabled business services firms. Ron has been successful as a CFO for NASDAQ listed companies, venture-backed companies, and several private equity backed companies, including FASTSIGNS. He is a graduate of SMU and a Texas CPA.
“Since Ron joined our company in October 2014, FASTSIGNS International has consistently grown in Systemwide Sales, royalty revenue and EBITDA growth in dollars as well as in increasing EBITDA margin,” said Catherine Monson, CEO at FASTSIGNS International, Inc. “Ron has served as a key business partner to me to facilitate growth responsibly, by maximizing the investments made in marketing, technology and personnel. He holds his team and his peers accountable to the results promised and expected in a positive and collegial manner. He listens first, seeks input from the team and then executes on the plan to create the optimal result.”
The CFO honorees will be recognized at an Awards Dinner to be held Thursday, November 7 at The Fairmont Dallas. In addition, the honorees will be featured in a special publication of the Dallas Business Journal on Friday, November 8.