Heading into 2025, a good chief financial officer is crucial to the success of a business, as their role extends far beyond traditional financial oversight. That’s why the 2024 CFO of the Year Awards — presented by FEI Arizona — are more important than ever. Each day, azbigmedia.com is spotlighting a finalist for the 2024 CFO of the Year Awards. Today, meet Kristine Newman, chief financial officer, McCarthy Holdings.
Sponsors of the CFO of the Year Awards are JP Morgan Chase Commercial Bank, CBIZ, Keyser, Marsh McLennan Agency and Vaco. Honor all the finalists and network with some of Arizona’s most influential business leaders by getting your CFO of the Year tickets here.
Kristine Newman
Chief financial officer
McCarthy Holdings
Background: “Newman is responsible for overseeing accounting, finance and insurance components of McCarthy, including cash management, investments, internal audit, financial reporting and risk management. She joined McCarthy in 2005 as controller for McCarthy’s Southwest Region and moved up through the organization, serving as executive vice president, finance prior to assuming the CFO position in 2022.
Best part of the job: “It’s the people, for sure. We are 100% employee owned and our culture, in my opinion, is second to none. So when I can interact with individuals, whether on our project sites or in our offices, and really help them understand our financial model, because the work and the decisions that we we do every single day impact every single one of us as employee-owners. I find that really, really rewarding.”
