Penn Valley Group, a leading provider of executive services to clients across a broad spectrum of industries, today announced the addition of Bob Severi as Lead Partner of the CFO Services practice. Mr. Severi’s primary responsibilities include providing executive financial management services to clients in the business services, industrial and high tech industries.
Bob brings more that 28 years of experience in accounting, treasury and taxation with signature strength of thinking and acting like an owner by maximizing cash flow, driving enterprise value, and consistently meeting the needs of key stakeholders. He specializes in controlling costs, increasing bottom line results, improving working capital, accelerating cash flow, ensuring compliance with lenders’ covenants, arranging competitive financing, establishing key business metrics, process improvement, acquisition due diligence and integration, strategic planning, budgeting, and mergers and acquisitions. “Bob’s proven and deep experience across a variety of industries bolsters Penn Valley Group’s established advisory services capabilities,” said Steve Zarrilli, Co –founder and Partner, Penn Valley Group.
Bob’s broad experience includes financial roles in small to mid-sized companies in both private (family controlled or private equity backed) and publicly held settings. His diverse experience includes manufacturing, utility construction, financial services, technology, software development, traffic safety and consumer products.
Bob has served as CFO of RoadSafe ($115 million private equity backed traffic safety company), CFO Partner of Tatum (largest financial management services firm), and CFO of American Meter Company, ($275 million international manufacturer of natural gas measurement devices) also serving on the Board of Directors. Bob has consulted for a $350 million public international consumer products company. He was Senior Director of Finance and acting CFO at Henkels & McCoy, Inc. ($750 million privately-held international infrastructure services company) also serving on the Board of Directors. Bob started and grew the in-house tax department for SEI Investments, a public company, during a period of rapid growth (revenue grew from $30 to $130 million). Earlier in his career, he held positions in both the audit and tax staffs of the public accounting firm, Ernst and Young.
Bob holds a Bachelor of Arts in Economics from UrsinusCollege, a Master of Business Administration in Financial Management from DrexelUniversity and a Master of Taxation from VillanovaUniversity. He is a Certified Public Accountant in the state of Pennsylvania. He is a member of the American and Pennsylvania Institutes of Certified Public Accountants, and Financial Executives International.
To speak with Bob or to arrange a complimentary introductory meeting, please call 610-977-2781 or email rseveri@pennvalleygroup.com
About Penn Valley Group
Penn Valley Group is a management services organization offering a unique combination of strategic advisory and investment services to benefit a diverse group of clients. With more than 100 years of combined business experience, Penn Valley Group’s principals have the vision and expertise to affect lasting change in enterprises seeking to enhance competitive advantage while successfully increasing profitability and shareholder value.