Michael Haynes, CPA
Chief Financial Officer
Professional Overview
Michael Haynes is an accomplished finance executive with over 20 years of experience driving strategic financial management and operational efficiency for leading organizations in the collectibles and auction industry. As the Chief Financial Officer of Heritage Auctions, he leverages his deep expertise in financial planning, risk management, and corporate governance to support the company's continued growth and profitability.
Experience Summary
Current Role
As the Chief Financial Officer of Heritage Auctions since 2014, Michael is responsible for overseeing all financial functions, including budgeting, forecasting, reporting, and compliance. He has played a crucial role in strengthening the company's financial position, improving internal controls, and implementing data-driven decision-making processes. Under his leadership, Heritage Auctions has achieved consistent year-over-year revenue growth and enhanced its operational efficiency.
Career Progression
Prior to joining Heritage Auctions, Michael served as the Chief Executive Officer of APMEX, Inc., a leading online precious metals retailer, from 2010 to 2014. During his tenure, he spearheaded the company's strategic expansion and diversification efforts, leading to a significant increase in market share and profitability. Michael also held the role of Chief Executive Officer at Black, Starr & Frost, a renowned luxury jewelry brand, from 2009 to 2010, where he successfully navigated the company through a period of organizational restructuring and brand revitalization.
Earlier in his career, Michael served as the Chief Executive Officer and member of the Board of Directors at Collectors Universe, a leading provider of authentication and grading services for collectibles, from 2003 to 2009. In this role, he was instrumental in driving the company's growth and expansion, as well as enhancing its operational efficiency and profitability.
Academic Background
Michael holds a Bachelor of Science degree in Accounting from the University of Texas at Austin. He is a Certified Public Accountant (CPA) and has completed additional executive education programs in strategic financial management and corporate governance.
Areas of Expertise
- Financial planning and analysis
- Risk management and internal controls
- Mergers, acquisitions, and integration
- Operational optimization and cost management
- Corporate governance and compliance
- Strategic decision-making and business transformation
Professional Impact
Under Michael's financial leadership, Heritage Auctions has consistently outperformed industry benchmarks, achieving double-digit revenue growth and improving profitability. He has played a pivotal role in diversifying the company's revenue streams, expanding its digital capabilities, and enhancing its risk management practices. Michael's strategic vision and financial acumen have been instrumental in positioning Heritage Auctions as a leading player in the collectibles auction industry.
Conclusion
With his proven track record of financial leadership, operational excellence, and strategic vision, Michael Haynes is a highly valued asset to Heritage Auctions. His deep industry expertise, coupled with his commitment to driving continuous improvement, make him a strategic partner in the company's ongoing success and expansion.
