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Denver-based Business Attracts Top Executive
to Lead Financial Operation and Prepare Company for Rapid Growth
Accruit, LLC,
a leading financial service provider, announced the hiring of Dale A. Hengesbach
as Chief Financial Officer, bringing more than 15 years of diversified financial
operations and analysis experience to the company. In addition to his fiscal
responsibilities, he will play an integral role in strategic planning as the
management team prepares the company for rapid growth.
"The combination of Dale's credentials, along with his extensive background
in corporate finance and strategic planning, makes him a great addition to the
Accruit team," said Todd Fisher, President and CEO, Accruit. "With
the continued momentum of our flagship product, Accruit's Exchange Manger,
we're ready to leverage the breadth of experience that Dale brings to the table."
Prior to joining Accruit, Hengesbach was employed in numerous capacities at Amoco
Corporation, including several years within the company's Treasurer's Department.
During this time, he developed significant expertise in the areas of business
development and analysis, corporate finance, financial management and control,
and strategic planning. He continued to provide financial leadership for Amoco's
successor company, BP plc, most recently working in the area of commercial negotiations.
Earlier in his career, Hengesbach worked for Ernst & Whinney (now Ernst & Young),
where he earned his CPA license and supervised staff accountant teams in the
planning, coordination, and execution of audit engagements.
Hengesbach, a native of Michigan, whose travels have taken him throughout Europe
and Australia, earned his undergraduate degree from Albion College in Economics-and-Management
and Computational Mathematics in 1983. In 1988, he received his MBA from Harvard
Business School.
Accruit, LLC, headquartered in Denver, Colo. was co-founded
in 2000 by Todd Fisher and Brent Abrahm. Accruit remains the only company in
existence that provides web-enabled integrated qualified intermediary services
to facilitate the management of like-kind exchanges for both personal and real
property. The company's flagship software application, Accruit's Exchange Manager,
fully automates the like-kind exchange process from transaction and cash
management, to the complete asset and tax depreciation accounting required for
these transactions. With Accruit's Exchange Manager, clients realize significantly
increased cash flow each year while dramatically reducing the resources required
for tracking and reporting like-kind exchanges to the I.R.S. For more information
on Accruit or Accruit's Exchange Manager, call 720-963-5001 or visit www.accruit.com. |
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