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    Reid Simpson

    Chief Financial Officer at Astrix Technology, LLC

    Professional Background

    Reid Simpson is a distinguished financial executive with an impressive career spanning over 24 years. He has held numerous prominent positions as Chief Financial Officer (CFO) across various industries, showcasing his versatility and depth of knowledge in the financial realm. Reid's extensive experience encompasses both public and private organizations, making him a highly adaptable leader capable of navigating the complexities inherent to both environments.

    Throughout his career, Reid has developed a robust skill set that includes proficiency in SEC reporting, compliance—including adherence to the Sarbanes-Oxley Act (SOX 404)—corporate finance, investor relations, planning and analysis, capital markets, risk management, treasury, as well as forecasting and budgeting. His unique ability to communicate effectively with stakeholders has played a pivotal role in sustaining investor confidence and aligning corporate strategies with organizational goals. Reid's results-oriented approach has earned him a stellar reputation as a financier who consistently drives value through strategic financial management and team development.

    Reid has significantly contributed to various companies, serving in high-level positions that highlight his financial acumen. He has played a critical role as CFO for companies such as ShopperTrak, Career Education Corporation, and eCollege. His notable tenure at these organizations underscored his capability to enhance operational efficiencies and optimize financial performance. Notably, Reid has also contributed his expertise on various boards, including FLOCK Specialty Finance and Helix Education, where his insights have been invaluable in guiding corporate strategy and financial planning.

    Education and Achievements

    Reid Simpson began his academic journey with a Bachelor of Science degree in Accounting from Michigan State University, where he honed his foundational knowledge of financial principles and practices. His academic background laid the groundwork for his future successes in the competitive finance landscape.

    Over the years, Reid has achieved numerous milestones in his professional journey, including:

    • Leading successful IPOs and navigating complex M&A transactions, demonstrating his ability to handle high-pressure financial environments seamlessly.
    • Establishing robust financial reporting systems and practices that have streamlined operations and increased transparency in organizations he has been a part of.
    • Developing and mentoring finance teams that not only meet current business demands but are also well-prepared for future challenges.

    Reid's extensive background solidifies his status as an industry leader and a sought-after expert in financial operations. His dynamic approach to finance management, combined with a clear focus on developing teams and building value, showcases his dedication to the financial sector and achievement of business growth.

    Notable Contributions

    In his capacity as the Chief Financial Officer at Astrix Technology, LLC, Reid has provided strategic oversight and direction, ensuring the company's financial health and operational efficiency. His expertise extends beyond just managing financial resources; he actively engages in business development initiatives that have the potential to scale operations and expand market reach.

    As a dedicated board member for FLOCK Specialty Finance and former Board Member for Geotix and Helix Education, Reid's insights have shaped the financial strategies of these organizations, fostering an environment of growth and innovation. His commitment to excellence has also manifested in his prior roles as CFO for notable companies like Aircell LLC and Asset Acceptance, where his financial leadership supported substantial operational transformations.

    In summary, Reid Simpson's career is characterized by an exceptional blend of strategic insight, operational expertise, and an unwavering resolve to foster growth and value creation within organizations. His holistic approach to finance, combined with over two decades of hands-on experience, positions Reid as an authoritative figure in the finance industry. As he continues to evolve and embrace new challenges, the contributions he makes are poised to leave a lasting impact on the organizations he serves.

    Related Questions

    How did Reid Simpson develop his expertise in financial management over 24 years?
    What strategies has Reid Simpson implemented to enhance investor relations throughout his career?
    Could Reid Simpson share insights into best practices for developing finance teams in today's corporate environment?
    In what ways has Reid Simpson navigated compliance issues, particularly related to SOX 404, in his previous CFO roles?
    How has Reid Simpson contributed to the growth and operational efficiency of companies like ShopperTrak and Career Education Corporation?
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    Location

    Traverse City, Michigan, United States