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Les McClaning
Financial Executive to Award Winning Companies
Professional Background
Les McClaning is a seasoned financial executive with over 35 years of extensive experience in the finance field, specializing in working with award-winning companies. His impressive career includes notable stints as Chief Financial Officer (CFO) at various organizations, where he played a pivotal role in driving operational efficiency and fostering growth. Les's tenure as CFO at FOFM LLC was highlighted by the company's recognition as a Northeast Ohio "Entrepreneur of the Year" by Ernst and Young, showcasing his ability to lead companies to acclaim through solid financial strategies and management.
Previously, as Vice President and CFO at Fitness Quest, Inc., Les was instrumental in steering the financial health of the organization, implementing strategic initiatives that bolstered profitability and operational success. Additionally, his role as Vice President of Business Development & Controller at R.O.S.S. Corporation further attests to his business acumen and proficiency in financial structuring and risk management. Les has also held significant positions such as Corporate Controller at Advanced Lighting Technologies, where he managed critical financial operations, and various audit roles at Deloitte & Touche, which laid the groundwork for his expert analytical skills.
Now operating as a self-employed independent consultant, Les leverages his vast knowledge and expertise to help businesses refine their financial strategies, optimizing processes to achieve sustainable growth. His passion for finance continues to drive him as he assists companies in navigating complex financial landscapes.
Education and Achievements
Les McClaning earned his Bachelor of Science degree in Accounting from The University of Akron, setting a solid foundation for his illustrious career in finance. His educational background has equipped him with the knowledge and skills necessary to excel in various financial roles across diverse industries.
Throughout his career, Les has consistently been recognized for his remarkable contributions to the organizations he served. His work in finance has not only aided companies in financial structuring and acquisitions but has also enhanced their operational efficiencies. Being a part of an INC 500 company highlights Les's ability to work in fast-paced environments and deliver results that align with the strategic goals of the business.
Key Strengths and Skills
Les’s strengths encompass a wide array of skills including defining business opportunities, strategic financial analysis, communication, problem-solving, and collaboration with management at all levels. His ability to make informed and impactful decisions swiftly is a testament to his results-driven mindset. Les is known for his operational motivation and strategic leadership, making him a formidable figure in the finance landscape.
He has significant experience working with private equity, providing him insights into investor relations and financial growth strategies. Les is adept at conducting comprehensive product and project analyses, which helps businesses identify key areas for improvement and cost reductions. Furthermore, his proficiency in working capital improvement, financial and operational reporting, forecasting, and risk management solidifies his reputation as a trusted financial advisor and leader.