Early Growth Financial Services (EGFS) Adds Two New CFOs To Its Northern California Team
New CFOs Support EGFS’s Continued Expansion within Northern California
(PRWEB) October 09, 2013
Early Growth Financial Services (EGFS), an outsourced financial services firm that offers a full-suite of financial services to early-stage companies, announced the hire of two new Northern California-based CFOs: David Chu and Ken McEwan. Both Chu and McEwan will bring their extensive financial management experience to EGFS clients, providing essential financial support for growing companies.
David Chu comes to EGFS with almost 20 years of global experience in financial management, investment analysis, and entrepreneurship. With his comprehensive investment background, Chu’s insight and value-oriented approach are of particular value to entrepreneurs, in fundraising and beyond. His areas of expertise include financial modeling, financial analysis, forecasting, budgeting, investor due diligence, pricing analysis, fundraising, product positioning, and compensation planning. With a strong background in management consultancy and private equity, national and international experience, and an MBA from Harvard Business School, Chu is a strong addition to EGFS’s team of finance professionals.
Ken McEwan has 25 years of experience as a Silicon Valley CFO and COO with both small-stage and Big Four experience. He co-founded five high-tech startups, two reaching IPOs, and helped manage fifteen rounds of private financing, as well as several rounds of public financings. As a successful serial entrepreneur, McEwan has practical, hands-on experience building companies and proactively managing company growth. His areas of expertise include financial planning and analysis; revenue recognition; GAAP compliance; investor pitches, IPO prep; M&A; SEC filings; and tax returns, provisions, and audits.
“As EGFS continues to grow and expand into new segments and new locales, we’re committed to growing our financial team apace,” said David Ehrenberg, CEO of Early Growth Financial Services. “We pride ourselves on understanding what founders go through, from business planning to making financing decisions, to establishing cost-effective systems and controls. Our goal is to take away all of the administrative pain points associated with running a business, whether that’s your day-to-day accounting, financial strategy, taxes, or valuation. Our CFOs take on the financial burden of running a company so that our clients can focus on their core business. David and Ken understand these financial burdens, and how best to manage them. They are both great additions to our team and a boon to our clients.”
Early Growth Financial Services has extensive experience working with companies at all stages of development to provide services to keep internal resources focused on the business. EGFS offers a complete suite of services from valuation and taxes to high-level financial strategy and day-to-day finance, accounting, and administration — all of which can easily be outsourced without impacting business operations. Headquartered in the Bay Area, EGFS also has operations in LA, San Diego, Seattle and New York City. Customers include Formspring, Rocketspace, and OpenERP, as well as over 175 small and mid-size businesses around the United States. For more information, visit http://www.earlygrowthfinancialservices.com.
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