Chief Financial Officer

Community & Economic Development

Boston, MA

2020-07-01

Due to an upcoming retirement, Smith & Wilkinson has been retained by Massachusetts Capital Resource Company (“MCRC,” https://masscapital.com/) to manage the search for the company’s next Chief Financial Officer (“CFO”).  MCRC was established in 1977 by the Massachusetts state legislature and is both owned and funded by Massachusetts-based life insurance companies with the purpose creating local jobs.  During its over 40 years in existence the company has invested over $700MM in 342 companies, resulting in at least 20,000 jobs.  MCRC provides funding solutions that complement other financing options to companies in the manufacturing, distribution, consumer products, business services, and technology sectors, all in Massachusetts.  The CFO will support both MCRC and its “sister fund,” The Life Initiative (“TLI,” https://www.lifeinitiative.com/).  Similar to MCRC, TLI was formed in 1998 and is also funded by the life insurance industry, with a focus on community development projects that benefit low- and moderate-income communities and families.  TLI has provided over $500MM in support of affordable housing units, jobs, and childcare and community facilities.  Reporting dually to the Presidents of MCRC and TLI, the CFO will join a collaborative team and play a critical role in the ongoing success of these important, mission-driven organizations.  We are seeking exceptional finance and accounting talent for this unique, Boston-based CFO role.  For additional information, please contact any member of our recruitment team: Jen Campanaro, Community & Economic Development, (jcampanaro@smithandwilkinson.com), Cameron Boyd, Financial Services, (cboyd@smithandwilkinson.com), or Carll Wilkinson, Managing Partner (cwilkinson@smithandwilkinson.com).

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