DAYTON, Ohio – Dayton Business Journal named Corbus Chief Financial Officer, Steve Catanzarita, CFO of the Year for large/medium private companies in a ceremony September 20, 2012. The CFO awards program highlights the area’s top financial executives, who do not need the title of CFO as long as they are the top officials responsible for finances in the organization.
Steve Catanzarita’s peers call him the definition of a seasoned, “roll up the sleeves” financial executive who has achieved business-impacting accomplishments at every level.
The CFO at Corbus, LLC has been responsible for all financial operations of the company including financing reporting and accounting since he joined the organization in November 2011. It’s a role that has become even more critical as the IT services firm is ramping up to hire thousands of workers and expand its footprint across the globe.
“His skills and leadership are rarely matching in the industries in which he has served over these past four decades,” said David Spencer, President and COO of Corbus.
With a career in corporate finance spanning over 30 years, Catanzarita has been an integral part of several globally operated companies, in both the public and private sector. That includes work at Mantech International, MTC Technologies Inc., BAE Systems and DRS Technologies before coming to Corbus.
Catanzarita’s interest in finance traces back to his high school days in upstate New York where his mother was a bookkeeper. He was captivated by the field and went on to earn an accounting degree and CPA designation.
As CFOs have evolved to become a more integral part of crafting business strategy, Catanzarita has embraced that role. And he traces his effectiveness to being open and honest as well as being a team player.
“I see my job as trying to enable my team to do the best they can do,” Catanzarita said. “I want to be a part of helping the company grow.”
Catanzarita has been a major force in helping drive Corbus’ significant growth plans, Spencer said, which includes:
• Designing financial operations processes to optimize the global finance team across four continents to improve reporting timeliness and accuracy;
• Bringing on seasoned people in key roles in both
accounting and finance;
• Implementing pricing models designed to drive higher margins
• Establishing detailed departmental and geographic budgets to allow for increased financial performance management; and
• Establishing multi-geo banking and payroll processes and partnerships to support Corbus teams spread across five continents.
Catanzarita’s work ethic also has been described as unrivaled for one at his level.
“He is very talented at balancing his business knowledge with the core financial disciplines that are needed for a successful company to grow,” Spencer said. “He’s not just a financial officer, he’s a business officer. Steve asks the hard questions that help make sure our organization is moving in the right direction.”
Corbus, a wholly owned subsidiary of Soin International LLC, is in the midst of a growth spurt.
Earlier this year, it unveiled an expansion plan that includes adding several thousand workers and more than doubling its number of offices around the world to 18 by mid 2014.
Between its Dayton and Cincinnati offices, as well as people working at client sites in the region, Corbus has about 350 employees. The company’s regional workforce is up from less than 250 people a year ago.
Globally, it has about 700 employees. Corbus recently completed a move to the former Teradata Corp. headquarters building in Miami Township.
Courtesy of Dayton Business Journal