Economy - Finance > Finance

CFO of the Year: David Neaves ensured Lendmark's liquidity through the pandemic

24 days ago   |   By Biz Journals

As the chief financial officer for Lawrenceville-based consumer finance company Lendmark Financial Services, David Neaves ensured the company had sufficient liquidity to weather the pandemic.
Lendmark funds loans through the capital markets and works with several national and international banks to access short-term warehouse lines. It also does term financing through the asset-backed securities market.
By making the best use of the company's warehouse line and bank relationships, Lendmark...
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CFO of the Year: Tim Murphy readies strong balance sheet for acquisitive Repay

CFO of the Year: Tim Murphy readies strong balance sheet for acquisitive Repay

24 days ago   |   By Biz Journals

Tim Murphy, chief financial officer for payment processing company Repay, oversaw three acquisitions during 2020, a year in which card payment volume increased 42% to $15.2 billion and gross profit 44% to $113.6 million.
Repay's 2020 adjusted net income was $43.7 million, up 11% over 2019, while total revenue was $155 million, an increase of 48% over 2019. The company was formed upon the closing of the merger of Hawk Parent Holdings LLC, whose subsidiaries included Repay Holdings LLC, with a subsidiary...
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CFO of the Year: Trevor Lang says Floor & Decor ended 2020 in its best financial position to date

CFO of the Year: Trevor Lang says Floor & Decor ended 2020 in its best financial position to date

24 days ago   |   By Biz Journals

Floor & Décor sales increased almost 19% as it continued to open new stores in 2020, which Executive Vice President and Chief Financial Officer Trevor Lang credits to the hard-surface flooring company's unique way of doing business and strong company culture.
The company is now 11 times the size it was when Lang started in 2011, he noted. "And if the analysts have us right, we'll be over $3 billion in sales this year."
Lang is a finalist for the Large-Medium Public Company CFO of the Year Award...
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