Cathy Spirio, CPA

Director of Finance / CFO

Professional Overview

Cathy Spirio is an accomplished finance executive with over 35 years of experience leading strategic financial management and driving operational excellence. As the Director of Finance and Chief Financial Officer at Detour Apparel Inc., she is responsible for overseeing all financial operations, including budgeting, forecasting, cash flow management, and compliance. Cathy's expertise spans the apparel and manufacturing industries, where she has consistently delivered measurable improvements in financial performance and organizational efficiency.

Experience Summary

Current Role

As the Director of Finance and CFO at Detour Apparel Inc., Cathy is responsible for providing strategic financial leadership and oversight to support the company's growth and profitability. Her key responsibilities include:

Developing and implementing comprehensive financial strategies to achieve short and long-term business objectives

Overseeing the accounting, budgeting, and reporting functions to ensure accurate and timely financial information

Optimizing cash flow and working capital management to support operational needs and expansion initiatives

Collaborating with cross-functional teams to identify and mitigate financial risks, while driving cost-saving initiatives

Serving as a strategic business partner to the executive team, providing financial insights and recommendations to inform decision-making

Prior to her current role, Cathy held the position of Director of Accounting at Exenta from Aptean, where she was instrumental in streamlining financial processes, improving reporting accuracy, and enhancing the company's financial controls.

Career Progression

Cathy's career in finance and accounting spans over three decades, during which she has held progressive leadership roles in both public and private organizations. Prior to her current position, she served as the Director of Finance at Exenta from Aptean, where she played a pivotal role in optimizing financial operations, implementing data-driven decision-making, and driving strategic initiatives to support the company's growth.

Cathy's earlier experience includes serving as the President and CEO of CAPPELLO & SPIRIO BUSINESS CONSULTANTS, INC., as well as the President and CFO of BLAST OF COLOR PAINTING, INC. In these roles, she demonstrated her ability to lead and transform organizations, improving financial performance and operational efficiency.

Academic Background

Cathy holds a Bachelor of Science in Accounting from the University of Connecticut and is a Certified Public Accountant (CPA). Her academic achievements include graduating with honors and maintaining a strong focus on continuous learning and professional development throughout her career.

Areas of Expertise

Financial planning and analysis

Budgeting and forecasting

Cash flow management and optimization

Financial reporting and compliance

Process improvement and operational efficiency

Strategic decision-making and business partnering

Leadership and team development

Professional Impact

Throughout her career, Cathy has consistently demonstrated her ability to drive measurable improvements in financial performance and organizational efficiency. Notable achievements include:

Spearheading the implementation of a new enterprise resource planning (ERP) system at Exenta from Aptean, resulting in a 20% reduction in financial reporting time and a 15% improvement in inventory management.

Developing and implementing a comprehensive cost-saving initiative at BLAST OF COLOR PAINTING, INC., which delivered a 12% reduction in operating expenses and a 9% increase in profit margins.

Serving as a thought leader in the industry, Cathy has been invited to speak at various finance and accounting conferences, sharing her expertise and insights on best practices in financial management.

Conclusion

With her exceptional finance and accounting expertise, coupled with a proven track record of driving operational excellence, Cathy Spirio is poised to continue making a significant impact in her role as the Director of Finance and CFO at Detour Apparel Inc. Her strategic leadership, financial acumen, and commitment to continuous improvement make her a valuable asset to the organization and a respected professional in the industry.