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Dan O'Connor Elevated to Vice President of Finance at Magna5

Magna5, a renowned provider of cybersecurity, managed IT, and cloud services, has made a strategic move by promoting Dan O'Connor to the role of Vice President of Finance. This decision comes as the company continues to expand its operations and strengthen its leadership team. O'Connor, who joined Magna5 in 2024 as the Director of Financial Planning and Analysis, has successfully transformed the financial processes within the organization. His extensive background in accounting and finance has positioned him as a key player in Magna5's future.

In his new role, Dan O'Connor will not only lead the team responsible for all financial planning and analysis but will also oversee significant activities related to the company's acquisitions. Furthermore, he will manage the contract management function, a critical area as the company navigates its growth trajectory. This expanded set of responsibilities reflects O'Connor's impressive track record and the trust that the leadership at Magna5 places in his abilities.

O'Connor’s journey with Magna5 has been marked by impactful initiatives. He has already made a name for himself by significantly enhancing the company's budgeting, forecasting, and contract organization. Drawing from his experience at Ernst & Young and various industries, he has keenly focused on fostering internal partnerships and creating systems that yield real-time, relevant, and accurate data for the company's leadership. These improvements are instrumental in providing insights that facilitate timely decision-making.

One of O'Connor’s notable achievements has been the development of a comprehensive business intelligence system and a centralized contract repository. These tools empower regional managers, account managers, and sales teams at Magna5 to make swift and informed decisions that enhance client service. This capacity to respond dynamically is critical in the fast-paced environments typical of managed IT and cybersecurity services.

“Dan's promotion to Vice President of Finance is an exciting step for Magna5,” said Robert Farina, CEO of Magna5. “His dedication to operational excellence and his skill in translating financial data into actionable insights have proven vital in supporting our growth objectives and refining our client service model.”

Dan O’Connor holds both a Bachelor’s and a Master’s degree in Accounting from Penn State University. In addition, he is a licensed CPA in Pennsylvania, underscoring his expertise in financial matters. In expressing his enthusiasm for his new position, O'Connor stated, “I am thrilled to take on the role of Vice President of Finance at Magna5. It’s essential for us to equip our decision-makers with timely and accurate data to enhance both our client service and management models. My aim is to build upon the tools and processes we have developed to foster strategic thinking at every level of our operations.”

O'Connor's promotion is a testament to his significant contributions and ongoing commitment to driving innovation, collaboration, and flexibility within the organization. Magna5 has built a formidable reputation as a trusted provider of cybersecurity and managed IT services, catering to a diverse range of clients across various sectors, including healthcare, financial services, and education. As the company looks to the future, leaders like Dan O'Connor will be essential in navigating the challenges and opportunities that lie ahead.

For more information about Magna5 and its array of services, visit www.magna5.com.