REPRESENTING (ARCH)DIOCESE OF: Archdiocese of Philadelphia
POSITION TITLE: Chief Financial Officer
NUMBER OF YEARS IN CURRENT POSITION: 5 years as CFO – 13 years with the Archdiocese of Philadelphia
NUMBER OF DFMC CONFERENCES ATTENDED: 9
BRIEF DESCRIPTION OF DUTIES AND ACCOMPLISHMENTS: As CFO, I am responsible for the overall financial operations and strategy for
the Archdiocese and ensuring that all financial systems and controls reflect best practices. I oversee the preparation of the annual operating budgets, the annual audit process, and the annual public financial disclosures for various Archdiocesan entities. In addition, I serve on numerous Archdiocesan
committees and Boards of Archdiocesan related entities in order to provide financial guidance to those Boards and the Archbishop pursuant to Canon Law and with a focus on preserving the fiscal welfare of the Archdiocese of Philadelphia.
Since starting my position at the Archdiocese of Philadelphia, I had significant involvement in the planning and implementation of a major administrative restructuring project. It included responsibility for the creation of the Office for Parish Service and Support. I was part of a pension task force that froze the Archdiocesan defined benefit plan and created the current defined contribution plan. I was also responsible for creating the financial plan related to the funding of the Independent Reconciliation and Reparation Program associated with providing additional modes of meaningful assistance to victims of abuse by Archdiocesan priests.
BRIEFLY DESCRIBE YOUR BACKGROUND PRIOR TO WORKING FOR THE (ARCH)DIOCESE:I spent most of my professional career in public
accounting with the first five years at Ernst & Young. After being promoted to Manager, I left to work for a national law firm. There, I played a significant role in the integration of another law firm with which they were merging. I was also responsible for the budget and financial processes of the combined firm. I decided to go back into public accounting and worked at a regional public accounting firm that had a growing practice in the mutual and hedge fund space. After 10 years and a promotion to Principal of that firm, I took a position at a startup accounting firm with a niche focus on internal controls. Shortly after my arrival, the founding partners decided to split, and I assisted with the wind down. I then was given the opportunity to take the position of Director of Internal Audit at the Archdiocese of Philadelphia.
ANY PERSONAL INFORMATION: My favorite job in life is being the father of 4 adult male children. Two are still in college at St. Joseph’s University and one just completed his first year at NYU Law. The oldest son is gainfully employed and off the phone plan.
EDUCATION, CERTIFICATIONS,. ETC: DeSales University (formerly Allentown College)
CPA In Pennsylvania - currently inactive
PARISH/CHURCH AFFILIATIONS: I am registered at St. Peter Parish in Merchantville, New Jersey. St. Peter Parish is located in the Camden Diocese
and was where 3 of my 4 children attended grade school. I currently attend Mass at Our Lady of Perpetual Help Parish in the Trenton Diocese.