David Westveer
Principal and Chief Financial Officer, Outer Banks Capital
Professional Overview
David Westveer is an accomplished finance executive with over 15 years of experience driving strategic growth and operational excellence in the financial services industry. As the Principal and Chief Financial Officer at Outer Banks Capital, he leverages his deep expertise in corporate finance, risk management, and business strategy to guide the firm's financial and operational initiatives.
Experience Summary
Current Role
As the Principal and Chief Financial Officer at Outer Banks Capital, David is responsible for overseeing the firm's financial planning, analysis, and reporting functions. He plays a critical role in shaping the company's long-term financial strategy, managing risk, and ensuring compliance with all applicable regulations. Under his leadership, Outer Banks Capital has achieved consistent profitability and strategic expansion, solidifying its position as a leading player in the financial services sector.
Career Progression
Prior to joining Outer Banks Capital, David served as the Chief Financial Officer at Westward360, where he spearheaded the company's financial transformation and played a pivotal role in its successful acquisition. Before that, he was the President of Avacus Corporation, where he drove the firm's growth and operational efficiency, leading to a significant increase in market share and shareholder value.
Academic Background
David holds a Bachelor of Science degree in Accounting from the University of Colorado Boulder and is a Certified Public Accountant (CPA). He has also completed executive education programs in strategic financial management and leadership at renowned institutions, further enhancing his expertise in the field.
Areas of Expertise
- Corporate finance and strategic planning
- Financial reporting, analysis, and risk management
- Mergers, acquisitions, and integration
- Operational optimization and cost management
- Leadership, team building, and change management
Professional Impact
During his tenure at Westward360, David played a pivotal role in restructuring the company's financial operations, resulting in a 25% improvement in profitability over a three-year period. At Avacus Corporation, he spearheaded the implementation of a new enterprise resource planning (ERP) system, which led to a 30% reduction in administrative costs and a 20% increase in operational efficiency.
Conclusion
With his exceptional financial acumen, strategic vision, and proven track record of driving sustainable growth, David Westveer is a valuable asset to Outer Banks Capital. As the firm continues to navigate the evolving financial landscape, his expertise and leadership will be instrumental in ensuring its continued success and long-term viability.
