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Now focused on advising and serving on non-profit boards, Rich Gannon is a finance executive with diverse experience leading finance teams, operations and strategy for large and mid-size information services, digital products, publishing, consulting and conference businesses. Rich has served on both for profit and non-profit boards with experience in chairing audit and finance committees.Rich has led strategic planning efforts, developed and implemented annual operating plans and budgets and oversaw change management, social media and digital transformation activities. Major areas of expertise include:• Strategic Planning & Implementation• Business & Customer Analytics • Management Reporting• Mergers & Acquisitions/Divestitures • Treasury & Debt Management• Enterprise Risk Management• Cost Reduction Initiatives • Investor & Board Presentations • Budgeting & Forecasting
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Homeserve UsaNew York, Ny, Us
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Chief Financial OfficerHomeserve Usa Aug 2015 - Mar 2023Norwalk, Ct, UsResponsible for the finance function and oversaw Accounting, M&A, Financial Planning & Analysis, Sourcing, Treasury, Tax and Financial Systems operations. HomeServe USA was acquired by Brookfield Asset Management in January 2023.HomeServe USA provides affordable home-repair service plans that protect homeowners against the expense and inconvenience of water and sewer, electrical, and heating and cooling home emergencies. HomeServe has more than 2 million customers in the U.S. and Canada. We dispatch a technician to help a consumer every 90 seconds, and earn a 95%+ satisfaction rating from our customers.
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Chief Operating OfficerConsumer Reports Jun 2013 - Jan 2015Yonkers, Ny, UsResponsible for developing and managing operating plans to facilitate the company’s transformation and strategic plan and ensure resources, investment and infrastructure are in place. Led the Operations Leadership Team and had a lead role in developing the new strategic plan. Directly accountable for divisional performance including testing & editorial, digital, mobile and print products, business development, information technology, marketing and communication. Managed ten direct reports and P&L of $225 million.• Led reprioritization of annual operating plan initiatives and growth investments requiring “trade-off” decisions, improving cross-divisional alignment and staff communication resulting in a focused and achievable plan and budget.• Developed and implemented strategies for digital and print products, including investment in lean and agile product development methods, resulting in the release of new mobile apps, a major magazine revamp and new product prototypes.• Established new 1-3 year product and content creation strategies. Led cross-organizational efforts resulting in new consumer centric and data-driven product approaches and establishment of product portfolio management. -
Vice President & Chief Financial OfficerConsumer Reports 2003 - 2013Yonkers, Ny, UsResponsible for finance activities including business planning and analysis, treasury & risk management, financial systems, accounting, facilities and purchasing. Led the IT Steering Committee, which is responsible for priority setting for technology initiatives, project accountability, and alignment of IT strategy with the needs of the business.• Led restructuring of finance operations that included hiring new talent, securing new vendor relationships, upgrading financial systems and forming of new departments (business planning & analysis and risk management). • Improved financial reporting, forecasting & budget processes and business analytics resulting in strong decision making capabilities and partnering support for business unit leaders.• Spearheaded a complex staff reduction program involving 10% of the workforce and implemented other cost reduction efforts resulting in savings of $15 million annually.• Managed cash and investment performance growing the investment portfolio to $275 million. Completed a $47 million bond issuance, retiring $38 million of older debt and funding capital improvements. • Developed first M&A strategy, secured investment banking firm and led 7 acquisition due diligence projects. Closed Consumerist acquisition and structured various content distribution partnership agreements.• Delivered effective financial presentations to the Board, banks, debt rating agencies, senior leaders and staff.
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Senior Vice President & Chief Operating Officer, Research & Advisory ServicesGartner 2002 - 2003Stamford, Ct, UsLed oversight of operational projects and financial initiatives across ten business units, including marketing and product development. Directed business reviews, strategy development, forecasting, and management of cross-business dependencies and projects.• Implemented mid-year performance action plans focused on growing the public sector market and higher profit speaking engagements resulting in margin improvement of 2% over prior year despite a 6% revenue decline.• Completed studies of cross-selling practices and enterprise total cost of sales resulting in expense savings from changes to commission plans and new initiatives to improve cross-divisional sales. -
Senior Vice President & Chief Financial Officer, North AmericaGartner 2000 - 2002Stamford, Ct, UsLed North America finance functions, compromising over 160 professionals, including planning and analysis, budgeting, accounting, management & SEC reporting and financial systems. Also responsible for the Corporate Tax and Treasury functions. Worked with investor relations developing earning releases, call preparation and Q&A.• Reorganized the business planning & analysis group that led to improved quality and speed of reporting with a focus on key performance and leading business indicators. Also re-engineered the annual financial budget process resulting in more accurate and integrated models.• Created flexible enterprise business models for planning and investment banking purposes. Efforts depicted future performance (earnings & cash flows) under various business and capital structures.
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Senior Vice President & Corporate ControllerGartner 1996 - 2000Stamford, Ct, UsLeader of global accounting, financial systems and SEC reporting functions; managed over 200 professionals in the US, UK, Australia, Japan & Hong Kong. Functional accounting departments comprised general accounting and consolidation, international accounting, order entry, payables, receivables, payroll and sales compensation.• Planned and executed the successful relocation of all North America accounting operations from Connecticut to Florida. Hired and trained 80 new staff (65% of group) resulting in annual expense savings of $1.3 million. • Led financial due diligence on numerous acquisition targets and integrated back office operations of 15 acquired companies.• Streamlined accounting and transaction processing functions reducing the close cycle from eight to five days and improved cash collection through process improvement.• Provided the technical accounting and created financial models for the company's recapitalization. Also managed the financial compliance activities in company's transition to the NYSE.• Implemented new outsource relationships in payroll and T&E areas and installed new systems for financial reporting, budgeting and sales force commissions.
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Senior Manager – Business AssurancePricewaterhousecoopers 1988 - 1996GbManaged large and mid-size audits and special projects for domestic and multinational clients across technology, services, manufacturing and commodities industries. Provided advice on technical accounting issues, debt agreements, acquisition due diligence, SEC reporting, internal controls, accounting policies and shareholder equity issues. Lead manager on two successful client IPO’s.
Richard Gannon, Cpa Skills
Richard Gannon, Cpa Education Details
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University Of ConnecticutAccounting
Frequently Asked Questions about Richard Gannon, Cpa
What company does Richard Gannon, Cpa work for?
Richard Gannon, Cpa works for Homeserve Usa
What is Richard Gannon, Cpa's role at the current company?
Richard Gannon, Cpa's current role is Financial Executive.
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What schools did Richard Gannon, Cpa attend?
Richard Gannon, Cpa attended University Of Connecticut.
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Richard Gannon, Cpa has interest in Health.
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Richard Gannon, Cpa has skills like Strategy, Management, Strategic Planning, Finance, Forecasting, Budgets, Mergers And Acquisitions, Analysis, Business Strategy, Leadership, Business Development, Business Planning.
Who are Richard Gannon, Cpa's colleagues?
Richard Gannon, Cpa's colleagues are Jonathan Barszcz, Marius Fraterman, Brandy Ainsworth, Garrell Woods-Trinity, Oly Hatton, Joe Angelillo, Alicia Roldan.
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