a:26:{s:9:"weblog_id";s:1:"4";s:8:"entry_id";s:0:"";s:6:"sticky";s:0:"";s:14:"allow_comments";s:1:"n";s:16:"allow_trackbacks";s:1:"n";s:10:"entry_date";s:19:"2009-02-10 10:23 PM";s:15:"expiration_date";s:0:"";s:23:"comment_expiration_date";s:0:"";s:8:"category";a:2:{i:0;s:1:"7";i:1;s:2:"40";}s:9:"author_id";s:1:"2";s:6:"status";s:4:"open";s:14:"trackback_urls";s:0:"";s:18:"versioning_enabled";s:1:"y";s:5:"title";s:28:"Audiffred Named McCarthy CFO";s:9:"url_title";s:28:"audiffred_named_mccarthy_cfo";s:6:"submit";s:6:"Submit";s:11:"field_id_26";s:28:"Audiffred Named McCarthy CFO";s:11:"field_ft_26";s:4:"none";s:11:"field_id_31";s:0:"";s:11:"field_id_44";s:171:"Doug Audiffred has been named chief financial officer of McCarthy Building Companies, Inc. , one of the nation\'s oldest and largest privately-held construction companies.";s:11:"field_ft_44";s:4:"none";s:11:"field_id_28";s:27:"Audiffred, McCarthy, Sherer";s:11:"field_ft_28";s:4:"none";s:11:"field_id_29";s:2831:"<p>Doug Audiffred has been named chief financial officer of <a href=\"http://www.mccarthy.com\">McCarthy Building Companies, Inc.</a> , one of the nation\'s oldest and largest privately-held construction companies.&nbsp;&nbsp; He assumes this new position following a year-long transition period with former CFO George Scherer.&nbsp; Scherer, 63, retired on December 31, 2008, after 26 years with the firm.<br /><br /><img alt=\"Audiffred\" class=\"image-left\" height=\"366\" src=\"/images/uploads/Doug-Audiffred.jpg\" style=\"float: left;\" width=\"244\" />Audiffred, 42, has more than 20 years of experience in accounting and finance, having worked for a large public accounting firm and a<br />manufacturing company prior to joining McCarthy as corporate controller in 1994.&nbsp; A member of the McCarthy executive committee since 2007, he most recently served as vice president of finance, responsible for all company accounting and financial reporting.<br /><br />\"Over the past decade, our company has undergone a number of important changes, the most significant of which was our long-planned transition from a family-owned company to 100% employee ownership,\" said Mike Bolen, McCarthy\'s chief executive officer/chairman.&nbsp; \"Doug played an instrumental role in this conversion and has continued to enhance the sophistication of McCarthy\'s finance function as our company has evolved.\"&nbsp; Audiffred has also played a significant role in the advancement of the company\'s modeling and forecasting capabilities; the creation of stand-alone internal treasury and risk management functions; and management and implementation of the McCarthy employee stock ownership plan (ESOP). He will be based at McCarthy\'s corporate headquarters in St. Louis.<br /><br />During Scherer\'s tenure as corporate chief financial officer, the company experienced significant growth.&nbsp; He played a key role in managing the growing business and served as the company\'s first true corporate controller. \"George created reporting and tracking mechanisms to assist in short-term and long-term business planning; led the company transition from family to employee ownership, including a 2008 transition to 100% ESOP; and oversaw the transition from a C-Corp to S-Corp structure,\" Bolen said.&nbsp; \"His unique blend of strong accounting knowledge and business acumen has been instrumental in the company\'s success for more than two decades.&nbsp; He will be<br />greatly missed.\"<br /><br />\"I am honored to have been chosen to follow in George\'s footsteps,\" commented Audiffred. \"In addition to continuing to build and maintain<br />relationships with our financial stakeholders, I remain committed to protecting and enhancing an already strong balance sheet to build<br />shareholder value for our employee owners.\"</p>";s:10:"category_0";s:1:"7";s:10:"category_1";s:2:"40";}