Clare Cunningham Promoted to CFO at Concept Construction Services Inc.
Clare Cunningham Promoted to Chief Financial Officer at Concept Construction Services
In a significant move for its financial leadership, Concept Construction Services Inc., a reputed general contracting and construction management firm based in New York, has recently announced the promotion of Clare Cunningham to the position of Chief Financial Officer (CFO). This announcement reflects not only the individual's achievements over the years but also the strategic importance of her role within the organization as they seek to enhance their growth trajectory.
Clare Cunningham's journey with Concept Construction began in 2020 when she joined as Head of Finance and Operations. Her outstanding performance and commitment quickly led to her promotion to Vice President of Finance and Operations. During her time in these roles, she was instrumental in establishing and developing the firm's financial infrastructure, significantly improving the company's reporting, analysis, and operational efficiencies.
Over the past five years, Cunningham has overseen the implementation of a suite of project-level financial reporting tools, annual financial analyses, working capital management practices, and an executive dashboard that furnished top leadership with a shared, real-time perspective of the company’s operations. Her responsibilities have extended beyond finance to include accounting, internal operations, human resources, legal affairs, and even marketing strategies.
In her new capacity as CFO, Cunningham will take on the critical responsibility of guiding Concept Construction’s long-term financial strategy, managing capital allocation, fiscal planning, and overseeing the bonding program essential for the firm’s construction initiatives. In comments regarding her promotion, she emphasized her vision for the financial landscape of the firm, stating, "Our sector mix has evolved significantly over the past several years, and our financial capabilities have evolved with it. I aim to ensure that Concept Construction has the capital flexibility, bonding capacity, and reporting discipline necessary to support our future direction. Additionally, I want finance to remain a strategic ally to operations, influencing decision-making across the firm."
The importance of Cunningham's role at Concept Construction cannot be overstated, particularly in light of the demanding landscape of the construction industry. Sean Mulleady, CEO of Concept Construction, lauded her contributions, mentioning, "Clare has been more than a financial steward; she's been an architect of how this company has scaled. Through complex projects and a demanding growth trajectory, she has brought the disciplined approach needed from a CFO at our scale of operations. This appointment solidifies what Clare has been accomplishing at the highest levels."
Beyond her contributions to Concept Construction, Cunningham is dedicated to giving back to her community. She serves on the Global Board of love.fútbol, a nonprofit organization focused on creating community-designed spaces for children. Furthermore, she holds a director position on the Executive Board of NAIOP NYC, the Commercial Real Estate Development Association, and is an active participant in Professional Women in Construction. Her achievements have recognized her contributions to the industry, including features in the Wall Street Journal as a Marquis Who's Who Distinguished Leader for 2025.
Cunningham, originally from Ireland, began her career in the banking sector before relocating to the United States. Here, she transitioned into accounting within the insurance industry and then made the jump to construction, bringing an international perspective to one of the world's most intricate markets.
As Concept Construction Services Inc. embarks on this new chapter under Clare Cunningham's financial leadership, the firm can look forward to a promising future underscored by innovation, strategic growth, and a steadfast commitment to excellence in the construction industry.