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How a Part-time CFO Transformed GEMCO’s Finance

How a Part-time CFO Transformed GEMCO’s Finance

Talent Solutions
CFO Solutions

Gemco, an engineering and design company specializing in vacuum tumble dryers and tumble mixers, regained strategic financial leadership and clarity by bringing in a part-time CFO from Whitman CFO Solutions.

Challenge

Gemco was struggling with poor financials, a weakened leadership team, and a lack of direction in their accounting and finance function. The company lacked fiduciary oversight, and key processes were unmanaged, leaving the business without guidance or strategic insight. The CEO needed someone who could provide both the technical expertise and strategic leadership to turn the company around.

Solution

Whitman CFO Solutions introduced a CFO with the right experience in cost accounting, sales tax, unions, and commissions—and the right approach to working closely with leadership. The CFO immediately embedded himself in Gemco’s operations, rolling up his sleeves alongside the team. He restructured the accounting and finance function, provided fiduciary oversight, and offered strategic guidance that aligned with the company’s long-term goals. Beyond the technical work, the CFO leveraged the Whitman CFO Solutions network to bring additional resources and support to Gemco.

Outcome

Gemco now has a finance team guided by fiduciary and strategic leadership, providing clarity and confidence to the CEO and leadership team. The CFO’s communication, strategic insight, and partnership have improved both business operations and the CEO’s work-life balance. The company benefits not only from a stronger accounting function but also from access to Whitman CFO Solutions’ extensive network and resources, ensuring long-term stability.

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The company benefits not only from a stronger accounting function but also from access to Whitman CFO Solutions’ extensive network and resources, ensuring long-term stability.