In 2021, CFO’s have started to focus more on employee attention. Due to the Covid-19 pandemic, many firms have changed their working schedules, laid off some of their workers, and even changed their expectations. CFO’s are working together with CHROs to enhance a culture of trust and purpose for their workers so that they can increase productivity and achieve goals more effieciently.
Gary McGaghey is a Chief Financial Officer at Williams Lee Tag, owned by Private Equity Group and Advent International. Some of his roles in this company include managing mergers and acquisitions, divestitures, and cost restructuring. Gary McGaghey has had a fair share of experience having worked with various companies such as Robertsons, Unilever, and Nelsons.
Gary McGaghey believes in teamwork to produce great results; therefore, all the companies he has led have undergone great positive changes. As a Chief Financial Officer, Gary McGaghey has stressed the importance of listening to different ideas from workers, making them feel safe, valued, respected, and allowing them to showcase their skills and experience. He believes that a culture of teamwork enhances creativity and flexibility in this dynamic business environment.
Gary McGaghey has managed to transform various companies he has worked with, including Unilever Plc; he managed to unite Unilever and Pepsico, which resulted in investment growth and large profit. In Unilever South Africa, he remodeled the investment strategy and paved new rules and regulations relating to pension funds. He also negotiated for mergers and takeovers, which resulted in the integration of companies leading to a high-profit turnover.
Read more by visiting: https://bmmagazine.co.uk/business/gary-mcgagheys-six-insights-for-aspiring-private-equity-cfos/