Kimberly Schugart, CPA

Chief Financial Officer

Professional Overview

Kimberly Schugart is an accomplished finance executive with over 20 years of experience in the banking and financial services industry. As the Chief Financial Officer of New Omni Bank, she is responsible for overseeing all financial operations, including financial planning, reporting, risk management, and strategic decision-making. Kimberly is a strategic leader with a strong background in corporate finance, risk management, and financial management.

Experience Summary

Current Role

As the Chief Financial Officer of New Omni Bank since 2019, Kimberly is responsible for managing the bank's financial operations, overseeing financial reporting, and implementing strategic initiatives to drive growth and profitability. Under her leadership, the bank has achieved significant improvements in financial performance, including a 15% increase in net income and a 20% reduction in operational expenses.

Career Progression

Prior to her current role, Kimberly held several senior finance positions at Indymac Bank, where she was instrumental in implementing robust risk management frameworks and improving financial reporting processes. She also served as the Controller and Vice President of Finance at Lockheed Federal Credit Union, where she played a key role in optimizing financial operations and driving business growth.

Academic Background

Kimberly holds a Bachelor's degree in Accounting from the California Institute of Technology (Caltech), where she graduated with honors.

Areas of Expertise

Corporate finance and financial planning

Risk management and compliance

Financial reporting and analysis

Strategic decision-making

Leadership and team management

Professional Impact

Kimberly has a proven track record of driving financial excellence and implementing innovative solutions to complex challenges. She has been recognized for her contributions to the industry, including being named one of the "Top 50 CFOs in Banking" by a leading finance publication.

Conclusion

With her extensive experience, strategic mindset, and commitment to financial excellence, Kimberly Schugart is a highly respected finance executive who continues to make a significant impact in the banking and financial services industry.