Arthur Stern – Principal, Toronto
Arthur Stern has over 40 years of business experience as an advisor and partner to company managements, a leader of both small and large financial teams, a teacher in Schulich School of Business’s MBA program.
As a FCPA, FCA Arthur spent the first half of his career as a partner with Arthur Andersen, an international accounting firm. He provided assurance and financial advisory services to predominately large clients in the financial services, manufacturing, technology, professional services and hospitality sectors. Arthur has assisted numerous companies offer securities to the public and actively participated in their merger, acquisition and divestiture initiatives. In his last years in public practice he served as COO of the firm’s three Toronto offices devoting much of his time developing strategies to attract and retain the brightest and the best people and to increase revenues. Arthur was also responsible for finance, IT, training and facilities. Constant throughout his career has been helping companies achieve and manage significant growth.
Since leaving public practice in 1996 Arthur has worked as the CFO/COO of predominately knowledge-based companies, from start-ups and early stage companies like Image Processing Systems where revenues grew from $4 million to $20 million before being sold as part of a vertical roll- up to larger concerns like Arclin Inc., a $700 million chemical manufacturer where he, as interim CFO, facilitated a sale to a public sector pension plan.
Arthur has often driven or participated in strategic and operating plan development and implementation, managed the budgeting process, implemented structure, process and controls and governance systems. He has helped manage stakeholder expectations in both good times and bad.
Arthur has more recently acted as the CFO of two service companies in the tourism and professional services sectors, both with revenues north of $10 million. He is also active in the community, sitting on a number of volunteer boards.