ISG Announces David Berger to Retire as CFO in June; Bert Alfonso Named Executive Vice President and CFO
April 30 2021 - 9:00AM
Business Wire
Alfonso Brings Extensive Financial, Capital
Markets and Global M&A Experience to ISG
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm, announced today that David
Berger, executive vice president and chief financial officer, will
retire after nearly 12 years of service with the firm and that
Humberto “Bert” Alfonso has been named to succeed him, effective
June 7.
Berger will remain with the firm for several months in an
advisory role to assist in ongoing M&A projects and to support
the transition. He joined ISG in 2009 as executive vice president
and CFO and played a pivotal role in helping grow ISG through his
financial stewardship of the firm and his work on a series of
strategic acquisitions.
“On behalf of my ISG colleagues, I want to extend my deepest
gratitude to David for his long and valued service to ISG,” said
Michael P. Connors, chairman and CEO. “David has been a strong
partner and advisor to me and our executive team and has made many
contributions to our success over the last 12 years, including
building a world-class finance and legal organization to support
our growth plans. I want to thank David for his thoughtful
retirement transition planning and his support over the coming
months. We wish him and his family much happiness in their next
chapter.”
Alfonso is a global senior executive with over 30 years of
operating and finance experience with such distinguished companies
as Hershey, Cadbury Schweppes and Pfizer. He spent 10 years with
The Hershey Company in executive roles, including chief financial
officer and president of Hershey International. Alfonso has a
proven track record of driving growth, both organically and through
mergers and acquisitions, building high-performance teams and
creating shareholder value.
Alfonso will be responsible for all areas of finance, legal
affairs and M&A for ISG, reporting to Connors, and will join
the ISG executive leadership team.
“I am delighted to welcome Bert to ISG,” said Connors. “Bert and
I have known each other for 10 years and I have been impressed with
his business acumen and vast array of experience. His global
operating leadership as a CEO, his service as a CFO of a
multibillion-dollar company, his M&A accomplishments and his
experience leveraging technology services to support business
operations will be extremely valuable to ISG as we accelerate our
growth coming out of the pandemic. Bert’s character, integrity and
demeanor are an excellent fit for our growth ambitions.”
Alfonso most recently was the CEO of Yowie Group, a global brand
licensing company specializing in the development of consumer
products and listed on the Australian Securities Exchange. Prior to
Hershey, he was executive vice president and CFO of Cadbury
Schweppes Americas beverages and vice president and CFO of the
Adams Division of Pfizer.
A native of Cuba, Alfonso has lived in Argentina, Canada, Puerto
Rico, the U.K. and the U.S. He holds an MBA degree in marketing and
a bachelor’s degree in accounting from Rutgers University. Alfonso
is a certified public accountant and serves on the Board of
Directors of the NYSE-listed Eastman Chemical Company and is
chairman of the Board’s audit committee.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 700 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,300
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210430005106/en/
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com Cait
Buckley, Matter Communications for ISG +1 617 874 5214
isg@matternow.com
Information Services (NASDAQ:III)
Historical Stock Chart
From Mar 2024 to Apr 2024
Information Services (NASDAQ:III)
Historical Stock Chart
From Apr 2023 to Apr 2024