Ric King to receive CFO of the Year Award
Posted by Terri McHugh on Tuesday, June 26th, 2012 at 2:30 pm
Assistant Superintendent Ric King has been selected as a 2012 honoree in the Daily Herald Business Ledger’s 1st annual CFO of the Year Awards. King was nominated by the District 54 School Board.
The mission of the CFO awards is to honor top financial executives who contribute to the success of the region’s economic growth and stability. The award application asked how the candidate has contributed to the success of his company; had shown leadership in his industry; has shown leadership in the community; and has continued to develop professionally.
Although King is in his first year as the assistant superintendent of business services, he has been the controller of District 54 since 1995 and in 2000 also took on the role of director of facilities.
The School Board highlighted some of the following accomplishments on the application:
- King was instrumental in implementing a freeze on supply expenditures;
- King initiated the District 54 Recycling Committee;
- King introduced energy-saving changes in the District’s 29 buildings;
- King welcomed more citizen members to the District 54 Budget Committee this year; and
- King was a national leader in implementing changes to financial statements ahead of schedule.
Prior to coming to District 54, King was a manager at McGladrey & Pullen for 10 years, where he gained experience auditing and consulting with local school districts and other government entities. He has achieved a CPA, a master’s degree in education administration from Governors State University, a bachelor’s in accounting from Illinois State University and a Chief School Business Official Endorsement from the Illinois State Teacher Certification Board.
King will receive his award at a recognition reception at 4:30 p.m. July 19 at Danada House, 3 S. 501 Naperville Road in Wheaton. The Daily Herald Business Ledger will publish a special section profiling this year’s 15 honorees in its Sept. 3 issue.