TAMPA, Fla. (2/23/15)--The Tampa Bay Journal has named Brian Caldarelli, chief financial officer of the credit union service organization PSCU, as its CFO of the Year.
Under Caldarelli's leadership, St. Petersburg, Fla.-based PSCU has brought in nearly $400 million in revenue and net income of $42 million since he joined the organization in 2012, according to award submission materials.
In 2014 PSCU blocked more than $100 million of fraudulent transactions for member credit unions, largely driven by data breaches at Target and Home Depot.
The CUSO has also began offering its client credit unions EMV chip cards.
Caldarelli has installed a new leadership team in finance and aligned that team with the rest of the organization to become a valued business partner, the Tampa Bay Business Journal said. Since joining PSCU, he has implemented processes to improve the accuracy and transparency of PSCU's corporate reporting.
"Caldarelli's leadership style exemplifies collaboration and empowerment," according to submission materials. "He is credited with creating a culture of transparency in PSCU's financial, legal and risk management operations. He walks the talk as well, delivering monthly podcasts via the company's internal website to keep staff members informed of financial progress."