Selectrica Inc.
By FLG Partners
Following the nearly simultaneous departures of the CEO and CFO, company leadership reverted to the Board members. FLG’s Jim Pardee was engaged as interim CFO reporting to Directors during his 4 month engagement. With the departure of additional accounting staff, very little company knowledge remained in the accounting group. Jim’s…Read More
Read MoreCardima
By FLG Partners
Following the loss of both the CFO and Controller, FLG’s Jim Pardee was referred by a search executive to insure accounting operations continued and to assess the company’s current needs in the financial area. Considering the relatively low level of accounting activity, it was determined that a Controller with SEC…Read More
Read MoreIridex
By FLG Partners
Iridex had just completed an acquisition which doubled the company’s size and added two foreign subsidiaries, when the CFO resigned and the Controller was dealing with a serious illness. FLG’s Jim Pardee was engaged as Interim CFO with the initial task of maintaining a bank debt facility that was critical…Read More
Read MoreRajesh Vashist, CEO
By FLG Partners
“We engaged FLG Partners when we were in the final stages of negotiations to be acquired by a major Japanese company and suddenly lost our senior financial executive to a medical leave. Jim Pardee, the FLG partner we selected, quickly developed a financial forecasting model that allowed the senior team…Read More
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