BRIDGE Housing's D. Valentine Wins Bay Area CFO of the Year Award
San Francisco, CA, May 31, 2012---BRIDGE Housing Executive Vice President and CFO D. Valentine received the Bay Area CFO of the Year Award in the nonprofit category at an awards dinner and ceremony last evening at the Westin St. Francis, San Francisco.
Finalists in a range of sectors were chosen by a blue ribbon independent selection panel of business and academic leaders including Larry Carter, retired Chief Financial Officer, Cisco; Alison Davis, Board Director, Royal Bank of Scotland, Unisys, Gamefly, Xoom, Silk Road Technology, Diamond Foods; Mary Huss, Publisher, San Francisco Business Times; Richard Lyons, Dean, Haas School of Business, UC Berkeley; and Ted Schlein, Partner, Kleiner Perkins Caufield & Byers.
The awards recognize CFOs who have made outstanding contributions to their companies' performance as well as to the greater Bay Area business community over the past year. Among the award criteria are factors such as managing rapid growth, achieving operational efficiencies, strategic acquisition or divestiture, innovative financing and implementation of best practices in finance.
Mr. Valentine oversees the finance, accounting, human resources and information technology activities for BRIDGE and its affiliated companies. He joined BRIDGE in 2005, bringing with him more than 20 years of finance and corporate administration experience. He has implemented numerous systems and processes that have allowed the company to operate more efficiently while undergoing significant growth. For example, as BRIDGE increased its housing portfolio size by 50%, Mr. Valentine oversaw a reduction in the financial close cycle by 30 days and a 50% reduction in the audit cycle—all with a nominal increase in accounting staff. Prior to joining BRIDGE, Mr. Valentine worked for 3Com and Lehman Brothers as well as a number of smaller companies. He holds a B.A. in Economics from Dartmouth College and a Master of Business Administration from Indiana University.
The award event, attended by over 500 Bay Area business leaders, was a benefit for Larkin Street Youth Services, which helps homeless and at-risk youth in San Francisco move off the streets.