Business
RealBiz Media Improves Reporting Infrastructure, Names Interim Chief Financial Officer
RealBiz Media Improves Reporting Infrastructure, Names Interim Chief Financial Officer.
About this update from Verus International, Inc.
[{"type":"text","content":"\nGaithersburg, MD, Oct. 12, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RealBiz Media Group, Inc. (RBIZ), currently operating as Verus Foods (the “Company”), today announced that it has named veteran financial professional Chris Cutchens as Interim Chief Financial Officer (CFO). Mr. Cutchens assisted with the most recent quarterly financial filing and is deeply familiar with the Company’s operations through that experience. \n Chris brings more than 20 years of experience in public and private corporate finance. Most recently, Chris served as COO/CFO of MidAmerica Administrative & Retirement Solutions, a private-equity owned, national employee benefit program provider and administrator. Prior to MidAmerica, Chris served as CFO of Aspire Financial Services, a private-equity backed, national retirement plan solutions provider for all tax codes. Prior to Aspire, Chris held various leadership positions: Corporate Controller of Carrier Enterprise, a multi-billion-dollar joint venture between Watsco, Inc. and industry giant Carrier Corporation; Corporate Controller of Watsco, Inc. (NYSE), the largest publicly-traded distributor of air conditioning, heating, and refrigeration equipment and parts in the U.S.; and Director of Corporate Accounting and Financial Reporting of MarineMax, Inc. (NYSE), the largest publicly traded recreational boat retailer in the U.S., when the company achieved a record $1.2 billion in revenue.  Chris was Tampa Bay Business Journal’s 2015 CFO of the Year of privately held, medium-sized companies in Tampa, Florida. He is a Certified Public Accountant in the state of Florida and holds a BS in Accounting and a MA in Accounting Information Systems from the University of South Florida. “We are very pleased to have Chris join our team to give us a more consistent presence in managing our accounting and reporting functions,” said Verus CEO Anshu Bhatnagar. “Now that we are about to enter our growth phase, it is time to bring the CFO duties back to the U.S. in order to streamline our efforts. Chris worked on our most recent Q3/2018 financial filing, which was particularly complicated as it included the final consolidated quarter reflecting the NestBuilder spin-off, so he is already embedded with Verus and understands our systems and financials. In addition...