Strategic Products and Services (SPS), a multi-vendor systems integrator, has hired John McGovern as chief financial officer (CFO). He joins the SPS executive leadership team with over 25 years of experience in corporate finance supporting product and market-driven business environments. In the newly created CFO position, McGovern reports to John Poole, SPS president and chief executive officer (CEO).
As CFO, McGovern leads the accounting, information technology, financial planning and analysis functions within SPS and is responsible for maintaining the company’s financial integrity, compliance, cash management, budgeting, forecasting, analysis and Board reporting. McGovern also insures the continued functionality of IT operations and executes the defined vision.
McGovern joins SPS from Glowpoint, a managed video services company, where he served as executive vice president (EVP) and CFO with accounting, cash management, treasury, tax, insurance and investor relation responsibilities. He began his career with Avaya, Lucent Technologies and AT&T.
As group finance vice president at Avaya, McGovern was accountable for nearly half the revenue and profits for the company. McGovern played a key role in executing the US$8bn Avaya privatisation with Silver Lake and Texas Pacific Group, two leading private investment firms. Previously, McGovern held senior level positions at Lucent and AT&T, where he was part of the initial public offering (IPO) team for the Lucent divestiture.
McGovern holds a MSc degree in Management from the College of Saint Elizabeth and a BA degree from Kean University. He is a member of the board of directors for Affinity Federal Credit Union and serves as chairman of its supervisory committee.
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