What You Need to Know
- Jamie Hennessy is replacing Tony Guinta, who is stepping down as CFO at the end of May.
- Guinta is taking on a more limited advisory role after more than 20 years at the company.
- Homrich Berg's footprint in Georgia expanded in 2019 via a merger with Cedar Rowe Partners.
Homrich Berg has appointed Jamie Hennessy as its new CFO, the Atlanta-based RIA said Tuesday.
Hennessy is replacing Tony Guinta, who is stepping down from the position at the end of May to focus on a more limited advisory role after more than 20 years with the firm, it said. Homrich Berg merged with Sandy Springs, Georgia-based Cedar Rowe Partners in 2019, expanding its footprint in Georgia.
Hennessy comes to the company, which manages $9.5 billion in client funds, with 13 years of industry and CFO experience, and is an expert at creating scalable reporting and accounting software solutions, the firm said.
Hennessy’s “understanding of where we stand and where we want to go allows him to quickly become an integral part of the team,” according to Andy Berg, Homrich Berg CEO and co-founder. “His work to scale up our management reporting and accounting software will be important as the firm continues our strong growth trajectory,” Berg said in a statement.
As CFO, Hennessy will support the company by implementing real-time finance and reporting metrics to help its management team optimize the decision-making process and prepare for multi-state operations, it said.
In addition to his finance experience, “Hennessy brings an entrepreneurial mindset to the firm as he most recently founded and served as CFO and COO of BiotechExec, a firm offering commercialization solutions and senior business executives for emerging companies,” according to Homrich Berg, which was founded in 1989.