SAN FRANCISCO, CA--(Marketwire - Feb 15, 2013) - The Independent Selection Panel of the Bay Area CFO of the Year Awards announced today Byron Pollitt, Chief Financial Officer of Visa Inc., as the recipient of the Hall of Fame - Lifetime Achievement Award for 2013. Pollitt, along with the finalists and winners in the six other CFO award categories, will be honored at the Eighth Annual Bay Area CFO of the Year Awards event on June 5, 2013 at the Westin St. Francis Hotel in San Francisco.
This annual sold-out awards dinner is attended by over 550 prominent Bay Area business executives. All proceeds benefit homeless and at-risk youth, ages 12-24, served by San Francisco's Larkin Street Youth Services, the leading nonprofit that provides housing, education, job assistance, medical and social services.
Pollitt is being recognized with the Lifetime Achievement Award for a career that has included important contributions at Visa, Gap, and Walt Disney. During his tenure at Visa, six companies were merged to create the present day Visa, and the company completed the then-largest IPO in U.S. history. Visa's stock price has risen over 250% since it debuted. In his role as CFO, Pollitt was named Bay Area CFO of the Year in the Transformation Category in 2009; ranked five times by Institutional Investor as a Top CFO and voted Best CFO for both Specialty Retail in 2005 and Consumer Finance in 2010 and 2013; and selected by The Wall Street Journal as one of the S&P 500's Best CFOs in 2012.
"You are measured by the company you keep," said Pollitt. "It is truly an honor to join the ranks of such a distinguished group of Lifetime Achievement Award winners, and to do so at an event that celebrates and financially supports the important role Larkin Street Youth Services plays in the young lives of so many in our Bay Area community."
Past recipients of the Hall of Fame - Lifetime Achievement Award are Sharon McCollam, Williams-Sonoma; Larry Carter, Cisco Systems; Robert Wayman, Hewlett-Packard; Peter Darbee, PG&E; Andy Bryant, Intel; Jeff Henley, Oracle; and Lou Lavigne, Genentech.
Finalists for the Bay Area CFO of the Year will be announced in April and the winners will be announced at the dinner and awards ceremony on June 5, 2013. Finalists and winners will be chosen by a blue ribbon independent Selection Panel comprised of business and academic leaders including: Larry Carter, retired CFO, Cisco Systems; Alison Davis, Audit Committee Chair, LECG, Gamefly, Xoom, SilkRoad Technologies, and Inter Act 911; Mary Huss, Publisher, San Francisco Business Times; Sharon McCollam, CFO, Best Buy; Richard Rosenberg, retired CEO, Bank of America.
About The Bay Area CFO of the Year Awards
Now in its eighth year, The Bay Area CFO of the Year Awards event is a partnership between the San Francisco Business Times and Larkin Street Youth Services. The event has raised over $2.75 million, since the inaugural event in 2006, to benefit Larkin Street Youth Services and the homeless youth they serve. Title Sponsor for the 2013 Bay Area CFO of the Year Awards is Deloitte. www.cfoawards.org
About Larkin Street Youth Services
San Francisco's Larkin Street Youth Services is an internationally recognized leader in providing effective housing, education, employment and health services to at-risk, homeless and runaway youth. Larkin Street reaches youth ages 12 - 24 through 15 locations and 25 programs. Three out of four youth who complete the organization's comprehensive programs exit street life. For more information, please visit www.larkinstreetyouth.org.