Professional Summary
Professional Overview
Lee Westerfield is an accomplished finance executive with extensive experience in the technology and software-as-a-service (SaaS) sectors. As the Interim Chief Financial Officer (CFO) at Veradigm®, he leverages his deep expertise in financial management, strategic advisory, and capital markets to drive growth and operational excellence.
Experience Summary
Current Role
As the Interim CFO at Veradigm®, Lee is responsible for overseeing the company's financial operations, including financial planning and analysis, cash management, risk mitigation, and reporting. He plays a crucial role in aligning the company's financial strategy with its overall business objectives, ensuring efficient resource allocation and strategic decision-making.
Career Progression
Lee's career spans over three decades, during which he has held various leadership roles in high-growth technology companies. Prior to his current position, he served as the CFO at Clearsense, a HealthTech enterprise SaaS provider, where he played a pivotal role in the company's financial restructuring and successful turnaround. Before that, he served as the Strategic Financial Advisor and CFO at Dstillery, an AdTech data science firm, leading the company's financial strategy and operations.
Lee's extensive experience also includes roles as the CFO at Aetion, a HealthTech enterprise SaaS company, and as the Executive Director and Vice Chairman of the Board of Directors at Uphold Inc., a FinTech Platform-as-a-Service (PaaS) provider, where he also served as the CFO. He has also held CFO positions at Dreamworks NOVA, The Orchard, and appMobi, all of which were acquired by larger enterprises, demonstrating his ability to navigate complex transactions and drive successful outcomes.
Earlier in his career, Lee held investment banking and equity research roles at firms such as BMO Capital Markets and Jefferies LLC, where he specialized in the internet, media, and digital media sectors.
Academic Background
Lee holds a Bachelor of Arts degree from the University of California, Berkeley, with a focus on Economics and Business Administration.
Areas of Expertise
- Financial management and strategic advisory
- Capital markets and investment banking
- Mergers, acquisitions, and integration
- Financial restructuring and turnaround
- SaaS and enterprise technology industry expertise
- Strategic planning and operational optimization
Professional Impact
Throughout his career, Lee has been instrumental in driving the financial success of numerous technology companies. He has a proven track record of implementing innovative financial strategies, improving operational efficiency, and navigating complex transactions, all while maintaining a steadfast commitment to creating value for stakeholders.
Conclusion
With his extensive experience, deep industry knowledge, and strong financial acumen, Lee Westerfield is well-positioned to excel as the Interim CFO at Veradigm®, guiding the company through its next phase of growth and profitability.
