Cranel Inc. CFP Mike Tracy received two honors at the CFO of the Year Awards in Columbus OH.
COLUMBUS OH, Sept. 19 2011—Cranel
Inc. CFO Mike Tracy recently was recognized at the Columbus Business
First-sponsored CFO of the Year Awards held at the Hyatt Regency. Tracy
received honorable mentions in two categories—Corporate CFO of the Year
and Transaction of the Year. Cranel Inc. businesses provide
industry-leading expertise in Enterprise Content Management, IT services
and software for customer support teams.
corporate category, Tracy was cited as doing outstanding strategic and
positioning work to prepare Cranel Inc. for its successful January 2011
spin-off of its ISOdx customer support software division. In addition,
he was acknowledged for working with other management and outside
customers during an extremely difficult economy to move his company into
new product offerings and expand its top-line revenue while remaining
focused on profitability.
“As a result of these
efforts, the company experienced a 20 percent growth in top-line revenue
and a 40 percent increase in net income for 2010,” said Chad Osler,
senior manager at Plante and Moran in Columbus, the accounting firm for
According to Columbus First coverage,
CFO of the Year judge Kerrii Anderson, former CFO and CEO of Wendy’s
International Inc., called Tracy “a CFO who is focused on creating
the Transaction of the Year category, judges recognized Tracy for his
leadership and strategic vision in orchestrating Cranel Inc.’s sale of
its Adexis division in late 2009, which allowed the company to refocus
on its core distributions business. Judges credited Tracy with
creativity in the spinoff and well executed financing.
are extremely proud of Mike’s professional expertise and
accomplishments on behalf of our company,” said Cranel Inc. President
Craig Wallace. “As a distinguished member of our leadership team for
more than a decade, he plays a critical role in the company’s continued
success. We congratulate him on these well-deserved honors.”
joined Cranel in September 2000. As chief financial officer, he directs
all accounting, finance, IT and operations functions at Cranel. Prior
to Cranel, he held senior financial management positions with The Mike
An Group, MBA Marketing Corporation and Safelite Auto Glass. He also
served as an auditor and manager at Arthur Andersen & Co. Tracy
holds a CPA and is an alumnus of Miami University of Ohio.
annual CFO of the Year Awards Program honors financial professionals in
Central Ohio for outstanding performance in their roles as financial
stewards at profit-making and nonprofit enterprises. Featured keynote
speaker was Robert Kidder, former Chrysler Group LLC Chairman.
About Cranel Inc.
more than 25 years, Cranel Inc. has focused on bringing companies real
business value by providing progressive technologies that align with
business goals. Cranel provides industry-leading expertise in Enterprise
Content Management, IT consulting, service and software for customer
support teams. Cranel Inc. businesses deliver strategic, advanced
solutions that enhance performance and improve overall results. For more
information, please go to www.cranel.com.
by support experts for support experts, ISOdx is the first and only
proven software tool to proactively harness the power of change
isolation and advanced analytics for the fastest resolution of
technology support issues. ISOdx advanced diagnostics gather data before
issues arise and puts critical information at a support team’s
fingertips before the customer’s first call. ISOdx, winner of a 2011
Stevie from American Business Awards, reduces the time and costs
associated with solving problems in any area of your customer’s
technology environment. For more information, go to www.isodxsolutions.com.