Wow! This new CFO is a champ! You don't bring a CFO in that has this kind of experience if you don't need it. Makes me wonder what could be up for HASCO? From the man's Linkedin Profile...
Audit Partner Deloitte & Touche LLPJune 1997 – October 2010 (13 years 5 months)|Dallas, Texas
Served as Lead Client Service Partner on global Fortune 500 public, private equity and emerging private clients, including those in Deloitte’s Office of the Chairman top tierResponsible for all client services including completion of financial statement and internal controls audits, additional permitted services and governance-related interactions and communications
Concentrated in manufacturing, consumer products, hospitality (restaurant and lodging) and energy industries
Responsible for overall project management, including client service, project revenues and profitability and human resource utilization
Served as Partner on audits of annual reports (including 10-K), quarterly reviews (including 10-Q) and employee benefit plans
Led audits related to initial public offerings (IPO), secondary offerings, private placements and take-private transactions (including comfort letter and offering memorandum activities)
Consulted with clients on numerous Sarbanes-Oxley 404 implementation, testing, rationalization, remediation and improvement projects
Directed approximately 50 acquisition-related accounting due diligence projects for Fortune 500 and private clients, including buy-side and sell-side due diligence
Performed agreed-upon procedures related to contract and regulatory compliance
Led forensic investigations related to alleged fraud and misstated financial statements
Experienced with SAP, JD Edwards, Hyperion and other financial software
Managed teams ranging from two to over 50 professionals
Worked closely with client Boards of Directors and Senior Management
Managed university recruiting program for Dallas Audit practice, including on-campus leadership at the University of Texas-Austin and Southern Methodist University and hiring needs forecasting and planning
Facilitated and presented accounting and auditing updates internally and to Boards of Directors, Audit Committees and university classes