Diversified Communications welcomes Kathy Willing as their new Chief Financial Officer this week. Paul Clancy, Diversified’s long-standing Executive Vice President and CFO, will work with Ms. Willing in the transition of his role until he officially retires at the end of the year.
Ms. Willing started her career in investment banking at Credit Suisse and then Goldman Sachs. She joins Diversified after nine years at Cole Haan, where she most recently served as the VP of Corporate Finance and Corporate Strategy & Business Development.
“Kathy’s extensive knowledge and experience in budgeting, cash flow management, banking relationships, mergers & acquisitions, financial analysis and strategic planning will make her a great addition to our corporate leadership team,” said Ted Wirth, President & CEO. “We are fortunate that she can come aboard before our long-standing CFO and friend, Paul Clancy retires at the end of the year; giving her a chance to glean as much as she can from his 35 years of institutional knowledge.”
Mr. Clancy joined Diversified in November of 1979 as Controller. During his tenure he was involved in the expansion of the broadcast and cable divisions (1980-1992), emergence of the event division (1986-2000), globalization of the company and more recently acquiring businesses in Thailand and Singapore, further US expansion and significant growth in their healthcare portfolio. In addition to his significant contributions to Diversified, Mr. Clancy has played a critical role in our local community as Chairman, Treasurer and classroom volunteer of Maine’s Junior Achievement program for the past 15 years.
“Diversified is one of Maine’s hidden gems; a great company with a successful past and an exciting future. I have had many opportunities for personal and professional growth in the past 35 years,” said Paul Clancy. “It is gratifying to have found someone as perfectly matched as Kathy to fill the leadership role for our accounting and finance teams. I will miss my many friends at Diversified, but it is good to know they will be left in Kathy’s capable hands.”
Diversified Communications is a leading international media company providing market access, education and information through global, national and regional face-to-face events, eMedia, publications and television stations. Diversified serves a number of industries including: seafood, food service, natural and organic, healthcare, commercial marine, and business management. Based in Portland, Maine, USA, Diversified has divisions in the Eastern United States, Australia, Canada, Hong Kong, India, Singapore, Thailand and the United Kingdom. For more information, visit: https://www.divcom.com