CFO Studio Magazine - CFO Innovation Award Winners

WINNER 2nd QUARTER 2015 WWW.CFOSTUDIO.COM 9 CFO Innovation Award David Wyshner Senior Executive Vice President and Chief Financial Officer Avis Budget Group, Inc. “Finance often has a uniquely holistic view of the organization that can allow it to be highly innovative — not just with respect to financial processes, but with respect to almost all aspects of the business. But, like other parts of the organization, finance can easily become preoccupied with its many day-to-day responsibilities. One of the keys to being innovative is stepping back from the day-to-day to identify issues and consider new approaches to solving them. Often, a good, innovative solution is available without rocket science, but rather by applying learnings from one area to challenges in a different area. The investment Avis Budget Group has made in efforts like our Performance Excellence process-improvement initiative is a great example of how we can foster innovation to deliver benefits to the entire organization. Another outstanding example is how we’ve been able to innovate at our Zipcar subsidiary using learnings from Avis and Budget, and in turn to drive innovation in our traditional car rental business by applying learnings from Zipcar.” Finalists for CFO Innovation Award • Robert Barry, Chief Financial Officer, Community FoodBank of New Jersey • Catherine Franzoni, Executive Vice President & Chief Financial Officer, Manasquan Savings Bank • Mindy Horowitz, Chief Financial Officer, Garden State Securities • Ed Imparato, Chief Financial Officer, Hire Counsel • Steve Mullin, Chief Financial Officer, The Dallas Group of America