DLR Group Names Rebecca S. Schnack Chief Financial Officer
DLR Group CEO Griff Davenport today announced the appointment of Rebecca S. Schnack as chief financial officer (CFO) for DLR Group. Schnack joined DLR Group in 2003. She was appointed a Principal in the firm in 2014. She also will join the global firm’s nine-person executive team.
She succeeds Dennis Wiederholt, DLR Group’s CFO since 2003. Wiederholt will move into a strategic consultant role before retiring on September 30 at the conclusion of the firm’s fiscal year. He will remain on the DLR Group board of directors.
Wiederholt’s DLR Group career spans 23 years, during which he led multiple business units, and as CFO, all aspects of DLR Group financial systems including its transition to a 100 percent employee-owned firm as an S-ESOP, as well as international transactions, and mergers and acquisitions. He was named a Principal in 2003, and a Senior Principal in 2005.
"DLR Group has a distinct employee-ownership culture,” said Wiederholt. “A talented team of leaders grew this firm substantially during the past 20 years. We accomplished so much, but I am most proud of the fact we can offer every one of our professionals the opportunity for ownership in DLR Group.”
Schnack is a certified public accountant and was previously the firm’s controller, a role she held since 2006. As CFO, Schnack assumes responsibilities for all financial operations of the firm, including developing and implementing financial and operational strategies, monitoring performance measures that support those strategies, developing control systems, and managing capital investments. She also leads a financial services team that oversees all financial functions and reporting protocols for the firm, including international operations.
“Becky is uniquely qualified to succeed Dennis Wiederholt as CFO,” said Davenport. “For nearly 15 years she has worked in, if not mastered, nearly every role in our financial services group. She understands and exudes DLR Group’s core values, she acutely understands the business of design domestically and internationally, and she will bring a new perspective to our executive team.”
“DLR Group is a great firm and this is wonderful opportunity,” said Schnack. “I am ready to work with DLR Group leadership to ensure that our financial services team supports their needs and to help grow the firm for all of our employee-owners.”