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2017 CFO Executive Summit

June 16, 2017

NewSpring continually seeks to find opportunities to bring together our family of portfolio companies in educational and enjoyable ways. With many commonalities to share, our goal is to provide an environment for the exchange of ideas and best practices, as well as an opportunity to network.


NewSpring’s CFO Summits provide informative content with a chance to hear from incredibly accomplished and experienced finance executives.


2017 Program Features

“Budgeting and forecasting best practices”
Moderator: Pat Healy Executive Director, EY Transaction Advisory Services

  • Larry Berran CFO & COO, iPipeline
  • Justin Markle CFO of Advanced Advertising, Comcast Corporation
  • Ellen Purdy CFO, Office Practicum
  • Bill Tobia Managing Director of Dilworthtown Financial Consulting

This panel reviewed key themes affecting CFOs at the end of each year, including:

  1. How the budgeting process is viewed within an organization (strategic or tactical, used as a change agent, key management tool, etc.)?
  2. How is pipeline evaluated, tracked and measured?
  3. What key stakeholders are involved (management and external investors)?
  4. Is there transparency within the organization (e.g., inner circle or widely disseminated)
  5. Is the budget/forecast updated throughout the year? If so, how and at what level?
  6. Discussion and feedback on tools and options available for support

“Preparing your company for an M&A event”
Moderator: Michael Purcell Retired Audit Partner, Deloitte & Touche, NewSpring Capital Value Creation Team

  • David Bain Managing Director, Head of Technology & Services M&A, SunTrust Robinson Humphrey
  • Justin Markle CFO of Advanced Advertising, Comcast Corporation
  • Ellen Purdy Chief Financial Officer, Office Practicum
  • Jim Mackey Strategy and M&A Consultant
  • Alan Zeiger Partner, BlankRome

This panel focused on both the buy-side and sell-side M&A events, including:

  1. Strategic role of the CFO in an M&A process
  2. When is the right time to prepare for an M&A event?
  3. What the FP&A function can expect during an M&A process (i.e., due diligence process, materials/deliverables, KPI’s, etc.) 
  4. How can the FP&A function stand-out when compared to other potential targets as a buy-side candidate?
  5. What are key areas of focus when considering a buy-side opportunity?
  6. What are the biggest integration challenges after closing on an M&A transaction?
  7. What makes a successful acquisition?
  8. What makes for an unsuccessful acquisition?
  9. Roll of an third parties in an M&A transaction (i.e., investment banker, legal counsel)—how can the CFO help manage these third parties?

Accounting Hot Topics:

  • Dave Burkavage Partner, EY
  • Ryan Carrozza Senior Manager, Audit Practice

An informative session led by EY Partner, Dave Burkavage. Highlights include:

  1. New standard – definition of business
  2. Business combinations – refresh on other transactions
  3. Revenue recognition – road map and update
  4. New lease standard update
  5. Leading practices for working with your auditors