CFO Panel: Top Priorities for Companies in the Second Half of 2020

Aug 12, 2020
12:00 pm to 1:00 pm

COVID-19 has affected every area of the finance department. Finance leaders have had to shift and pivot in new ways and we’re taking those learnings into the second half of 2020. Join us and several CFOs for an interactive panel discussion about the top concerns and focus areas companies will concentrate on for the next few months., including PPP, 2021 budget planning and more!

Topics covered in this session:

  • The current financial environment and top concerns of CFOs for H2 2020
  • Stress testing and building companies to withstand “once in a lifetime” events
  • The future of work: how companies are using technology and thinking differently about physical infrastructure
  • Examples from your peers about solutions employed and conversations in progress


Anne Loughrey, Salo, Business Development Director


David Rust, Salo, CFO
Jim Sorboro, EQ Holdings, CFO
Rachel Rice, Padilla, CFO


Anne Loughrey, Business Development Director(Finance), Salo
Anne joined Salo in July of 2018 as a business development director. In this role she is responsible for developing relationships with client partners and consultants and providing solutionsto our clients for interim projects. Prior to joining Salo, Anne heldvarious leadership roles at Best Buy, Ergotron, PremierSalons and EY. Anne holds a degree in accounting from the University of Minnesota-Duluth and holdsan inactive CPA.  
David Rust, Salo, CFO
Dave joined Salo in March 2016 and was promoted to CFO in July of 2018 where his focus has been on helping build out Salo’s strategic planning and analytics capabilities. Prior to Salo, Dave worked for over 11 years at Delta Air Lines across a number of areas including IT, FP&A and corporate development. Prior to Delta, Dave worked in financial services at RBC, Goldman Sachs and Wells Fargo. Dave holds an MBA from the University of Minnesota, a BA from St. John’s University, and is a Chartered Financial Analyst (CFA) charterholder. Dave lives in Saint Paul with his wife and three sons.

Jim Sorboro, Chief Financial Officer, EQ Holdings
Jim recently joined EQ Holdings, a private holding company that acquires, invests in, and builds meaningful businesses in partnership with management.  He splits his time between holding company activities and active management in three of the owned companies.

Prior to joining EQ Holdings, Jim was the CFO and had responsibility for finance, legal, customer service, and supply chain at Phillips and Temro Industries.  Prior to that, he spent 9 years at Katun Corporation, with the last 7 as CFO and as a member of the Board of Directors.  He held various accounting, manufacturing finance and international operations roles, at Cypress Semiconductor and Sysco to start his career.

Jim has a BS from Miami University, and an MBA from the University of Minnesota. 

Rachel Rice, Padilla and divisional CFO, AVENIR Global U.S. Operations
Rachel Rice is VP, CFO at Padilla, a PR and communications company in Minneapolis with five other U.S. locations. Padilla is one of three AVENIR Global operating companies in the U.S., for which Rachel oversees. She integrates U.S. business operations, directs fiscal and business strategies to manage financial risk and profitability. 
Previously, Rachel served as longtime CFO of Pinnaca, an international technology firm. There she played a leading role in the merger of two organizations, fundamentally transforming the company’s business trajectory.Rachel earned her MBA in finance from the University of St. Thomas.  

CPE Credits: 1


Wednesday, August 12, 2020 - 12:00
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