Gary McGaghey, Chief Financial Officer
Gary McGaghey is a Chief Financial Officer and private equities expert at Williams Lea Tag. As CFO, he performs various oversight tasks such as cost restructuring, balance sheet refinancing, mergers, divestitures, and acquisitions. Williams Lea Tag is an international company owned by two private equity firms, PE Group and Advent international. The company is approximately valued at about €1.3 billion, and Gary McGaghey is involved in crucial financial decisions and issues.
Mr. McGaghey is sufficiently qualified to perform the Chief Financial Officer’s role. He has two Bachelor of Commerce Degrees, one from the University of South Africa and the other from the University of Natal. He is also a Chartered Management Accountant from the Chartered Institute of Management accountants.
Gary McGaghey has worked in the following global enterprises, bringing tremendous improvement to the organizations.
- CFO at Uniliver, South Africa: April 2002 -2005
- Global M&A Director @ Uniliver: August 2005- March 2009
- Interim CEO @ Uniliver, South Africa: March 2009- July 2011
- Vice President Finance @ Uniliver: July 2011- September 2015
- CFO @ Uniliver: October 2015- April 2017
- CFO @ Nelsons: May 2017- June 2019
- CFO @ Williams Lea Tag: September 2019- Currently
What Exactly Does a CFO do?
The Chief Financial Officer’s role has been there for quite some time. CFOs like Gary McGaghey have one main goal: aligning a company’s business and fiscal strategy. The result is the creation of new pathways through which corporate innovations follow. It also implements a stage for a companies’ future growth. Due to the continuous advancement of business operations, CFO’s roles have drastically expanded. The professionals are nowadays looked up to as both influencers and problem solvers. Chief Financial Officers ultimately link a business’s purpose to action to help to create more efficient business outcomes.
The Coronavirus pandemic drastically changed the CFO’s role in 2021; physical work could not be resumed, necessitating remote employee management. CFOs responded by working together with CHRO’s to improve workers’ sense of belonging. They stressed the advantages of trust, keeping a close eye on its general growth plan, and spearheading its culture and purpose. Therefore, both CFO’s and CHROs must unite to embed the workforce strategy into the business strategy. The result is a greater understanding of employees’ wants and needs, which helps a company create a unique and outstanding business experience.