Valentin Budes named CFO of Sphera Franchise Group

Aurel Dragan 11/03/2019 | 10:21

Sphera Franchise Group has appointed Valentin-Ionuț Budes as the company’s Chief Financial Officer (CFO), scheduled to take over the responsibilities of the new appointment, four-year term, as of May 2019.

“We welcome Mr. Budes as Sphera Franchise Group’s new CFO, and we are confident that, as a highly experienced financial specialist, he will represent a great addition to the executive team in its pursuit of the company’s objectives. In line with our steadfast commitment to upholding the highest corporate governance principles, we are pleased to have selected as CFO a professional with more than 10 years of experience, of which most having been acquired in top management positions,” said Mark Hilton, CEO of Sphera Franchise Group.

Valentin Budes has an extensive experience, of over 10 years, in Finance Management, accumulated while accessing constantly ascendant roles in Accounting, Auditing, Controlling and Finance management, in challenging industries such as healthcare, telco and consultancy. For the past four years, he has been holding CFO positions, being in charge of coordinating a various range of activities such as mergers & acquisitions, treasury optimization, internal controls, budget and planning, and profitability analysis.

Budes holds high professional qualifications, being an ACCA (Association of Chartered Certified Accountants) member and having acquired a certification in Risk Management from the Institute of Internal Auditors (USA). He graduated from the Academy of Economic Studies in Bucharest and holds a Master’s degree in “International Accounting” at the same university.

“Mr. Budeş professional activity spreads over a broad variety of finance domains, in industry leading companies where he gained management experience and has proven solid performance in running complex, strategic, inter-departmental projects on top of relevant technical skills. We are looking forward to working with him. At the same time, I would like to thank Daniel Paliţă for stepping up in taking the interim CFO position successfully. He will resume his role of Manager of Strategic Planning and Investor Relations,” added Mark Hilton.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Aurel Dragan | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue