NJMEP CFO Named Winner Of 2011 CFO Of The Year Awards

MORRIS PLAINS — Lynore DeSantis, Chief Financial Officer and Vice President of Operations of New Jersey Manufacturing Extension Program, Inc. (NJMEP), has been named a winner of NJBIZ’s 2011 CFO of the Year awards this week. DeSantis was named the winner of the Nonprofit CFO – Small category for the program organized by NJBIZ, New Jersey’s premiere business news publication.

“The entire NJMEP team couldn’t be more proud of Lynore’s accomplishment,” says Robert Loderstedt, President and CEO of NJMEP. “In addition to managing NJMEP’s financial information and streamlining our processes, Lynore’s leadership is integral to our group.”

The CFO of the Year awards program celebrates New Jersey’s financial executives who “contribute to the success of the state’s economic growth and stability”.  Finalists and winners were selected by an independent panel of judges in seven categories:  Public Company, Private Company with revenues over $50MM, Private Company with revenues up to $50MM, Nonprofit CFO – Small (24 or fewer employees), Nonprofit CFO – Large (25 or more employees), Best Turnaround Specialist and Best Growth Manager.

The CFO of the Year winners were announced amongst the finalists at an awards ceremony on Tuesday, October 25, 2011 at The Palace in Somerset Park in Somerset, NJ.

DeSantis has been with NJMEP since May, 2000. The organization works with New Jersey’s manufacturers to help them become more efficient, profitable and globally competitive.

“In addition to Lynore’s financial and management expertise, her terrific leadership skills and unmatched work ethic have helped cultivate a winning culture at NJMEP,” adds Frank Wyckoff, NJMEP Chairman.