BestIT Continues the IPO Push by Hiring Chief Financial Officer
PHOENIX – BestIT has selected Rich Hybner as its Chief Financial Officer. Hybner assumed the role in June 2011 bringing 25 years of experience as a financial executive for both public and private companies, including Dow Jones & Company as CFO for The Wall Street Journal, CFO for CK Media, VP of Finance and Operations for GPP (a Division of Gannett), Group Controller/Business Manager for Reader’s Digest, and Director of Revenue Planning and Analysis for Ziff-Davis Media.
“I’m excited to have Rich on board. BestIT’s objective is to continue its enormous growth trend through highly ambitious strategic initiatives. Rich’s impressive financial background and experience working with transitional organizations make him a perfect addition to our Executive team,” says CEO Harry Curtin.
Hybner’s delivery portfolio and experience include private equity firms, investors, and lenders, improving the operations of portfolio companies, as well the successful management of the sale of CK Media, LLC, which allowed the business to remain a going concern and saved over 100 jobs. His focus incorporates the importance of maintaining lender covenants, compliance requirements, and cash flow reserves.
Hybner delivers innovative problem resolution for companies with an immediate need to increase profitability. His leadership and team approach establish productive partnerships with management and staff, inclusive of thorough operational review and reengineering of existing processes to course-correct problems, while managing cash flow, budgets, and banking relationships.
“I am very excited to be part of the BestIT team,” said Hybner. “With a strong business model, powerful technology and talented staff, BestIT’s future is extremely bright and poised for substantial growth.”
The Phoenix-based business offers an outstanding portfolio of services including a complete catalog of technology support services, comprehensive professional practices, innovative security solutions, and cost-effective business strategies, resulting in maximized uptime, predictable IT budgets and quick response times. BestIT is a unique and trusted provider of robust, leading-edge IT business and technology solutions.
Headquartered in downtown Phoenix, BestIT serves large and small companies worldwide, with additional locations in California and southern China. Accepted into the 2009 Inc. 5000, at #621 with a 3 year growth of 442%, the company has 49 employees and is exploring the possibility of new U.S. locations, as well as further expansion in China.
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