December 13, 2006
SAN MATEO, CA — (MARKET WIRE) — December 13, 2006 — FLG Partners announced today that Michael J. Gennaro has joined the consulting firm whose 15 principals with significant CFO credentials provide financial and operational guidance to companies ranging from funded startups to mid-size, public companies.
“Mike’s finance accomplishments in Silicon Valley are tremendous, particularly among early stage technology companies on successful IPO paths,” said Jeffrey S. Kuhn, co-founder and managing principal of FLG. “We are very pleased to welcome Mike to our steadily growing practice that provides on-demand, ‘C-level’ expertise across a broad range of business priorities, from SEC reporting and compliance to troubled-company turnarounds and restructurings.”
Mr. Gennaro has nearly 20 years of experience serving as CFO or vice president of finance for public and private companies in the software, computer, computer-peripherals, disk-drive, semiconductor and services industries. Prior to joining FLG, he was vice president of finance and CFO of Sylantro Systems Inc., a Campbell, Calif.-based telecommunications software provider. Earlier, Mr. Gennaro held the same executive roles and titles for three leading early stage companies — Inverse Network Technology Inc., Piiceon Inc. and Verticom Inc. — and was vice president of finance for Novell Inc. He began his career with CPA firm Arthur Young & Co. Mr. Gennaro holds an M.B.A. from Rutgers Graduate School of Business and a Master of Science degree in mathematics from Rutgers University.
“Financial Leadership Group has an impressive cast of CFOs who bring to the firm a broad range of experiences and accomplishments,” said Mr. Gennaro. “To be part of this collaborative group and to serve its growing list of client companies is an exciting opportunity and a privilege.”
About Financial Leadership Group
Founded in 2004, FLG Partners provides financial and operational guidance to companies from funded startups to mid-size, public companies across many industries. The firm’s principals, each with long CFO credentials, accept interim or permanent assignments in leadership roles that vary from consulting engagements to employed corporate officer. Averaging more than 20 years’ experience each, FLG’s principals bring substantial expertise, objectivity and industry best-practices leadership to key transactional requirements, including business planning and execution; financings; SEC reporting and compliance; mergers, acquisitions and divestitures; and troubled-company turnarounds and restructurings.