#USA #Ann Arbor #Financial Strategy #Circadian Risk #Frank Schools

Circadian Risk Welcomes New CFO, Frank Schools

In an exciting development for the enterprise risk analysis market, Circadian Risk has announced the appointment of Frank Schools as their new Chief Financial Officer (CFO). Known as a pioneer in the field of SaaS and scenario-based assessments, Circadian Risk is taking a definitive step towards enhancing its financial strategy and governance under Schools' leadership.

Based in Ann Arbor, Michigan, Circadian Risk emphasizes the importance of risk assessment in today's volatile business landscape. Schools will helm the financial operations of the company, which includes overseeing strategic planning, risk management protocols, and financial reporting. His extensive experience is expected to shape the long-term financial roadmap of Circadian Risk as it continues to expand its influence, particularly among Fortune 500 clientele.

A Strong Background in the Security Industry

Frank Schools is no stranger to the security industry. Previously, he held the CFO position at Universal Services of America, which has since transitioned to become Allied Universal. During his tenure there, he played a critical role in guiding the firm through significant growth—acquiring and integrating 16 different companies, which saw the company's revenues increase from $1.1 billion to $2.6 billion. Remarkably, he also doubled the employee count to 80,000 during this period.

Moreover, Schools successfully managed the sale of Universal Services from its initial private equity investor Partners Group to Warburg Pincus, securing a vital investment that allowed for further growth and expansion. Michael Martin, the CEO of Circadian Risk, expressed excitement about working with Schools again, emphasizing the growth trajectory of the company and the need for an experienced CFO to navigate this growth effectively.

Fostering Sustainable Growth

Both Michael Martin and Daniel Young, the founder and Chief Innovation Officer at Circadian Risk, praised Schools for his unparalleled experience navigating complex financial landscapes. According to Young, who underscored the changing dynamics of risk management, Schools’ deep knowledge of the industry will prove invaluable as Circadian Risk evolves.

Schools, with a 46-year career rooted in finance, has worked with some of the most reputed firms in private equity, including Ares Management, Blackstone, and Onex. He has also held influential roles in companies such as 99 Cents Only and Pacific Sunwear.

Addressing his new role at Circadian Risk, Schools remarked, "I’m thrilled to reunite with Michael and Gus and honored to join Circadian Risk at this exciting juncture. The uniqueness of our platform addresses a crucial need in modern risk management, and I look forward to working closely with the leadership team to promote sustainable growth and operational excellence."

About Circadian Risk

Circadian Risk prides itself on being a front-runner in dynamic risk analysis software that empowers organizations to take control of their risk through proactive awareness and decisive actions. The Circadian Risk platform is designed to help organizations monitor risks, manage various scenarios concerning threats and compliance, and facilitate effective risk communication throughout all levels of an organization. Their software enables both online and offline assessments, generating visual dashboards and reports in near real-time to aid in vital decision-making processes.

Circadian Risk represents a transformative force in enterprise risk management, making the recent hire of Frank Schools an exciting chapter in its ongoing journey. With his strategic expertise, Schools will undoubtedly contribute to shaping a prosperous future for the company.

For more information about Circadian Risk and its services, please visit www.circadianrisk.com.