Private Business CFO of the Year (BUSINESS): Matt Reece

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Matt Reece
Executive Vice President and Chief Financial Officer
Webcor

For the past six years, Webcor’s CFO and Senior Executive Vice President Matt Reece has been a proud member of the executive leadership team of California’s leading general contractor. Reece co-led Webcor’s Coherent Execution Strategy with Senior Vice President Tom Taylor, which included a variety of areas of change such as the creation of a Project Support Group to focus on identifying and risk mitigation and key points in the project life cycle; and the formation of a Risk Committee to identify potential risks and develop tools to mitigate and manage those risks, among other initiatives.


Reece was instrumental in moving Webcor from a highly leveraged position to a net cash position at the end of fiscal 2018, 2019 and 2020. He is a full member of the Board of Directors of Webcor and responsible for the financial health and growth of Webcor. He is responsible for the administrative, financial and risk management operations of the business, including the continued development of financial and operational strategies and measures and the ongoing development and oversight of control systems designed to safeguard the assets of the company. business and report accurate financial results. He is ultimately responsible for the legal and IT functions of Webcor and previously provided high level leadership for human resources and project controls. He is also a member of Webcor’s leadership team, which is responsible for increasing equity from $ 30 million in 2015 to over $ 133 million by the end of 2020. Embrace Diversity and Drive Growth employees to leadership positions have also proven to be two of Reece’s pillars. strengths.

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