#United States #CFO #Irving #Neighborly #Benjamin Lamb

Neighborly® Welcomes a New Financial Leader

In a strategic move to bolster its leadership and drive future growth, Neighborly®, the world’s largest home services company, has appointed Benjamin Lamb as its new Chief Financial Officer (CFO). This announcement follows a thorough search process aimed at finding the right individual to support the company's ambitious goals in a rapidly changing market.

Benjamin Lamb arrives at Neighborly with an impressive portfolio of experience that spans over two decades in finance, strategy, and operations within both public and private sectors. Most recently, he served as the Executive Vice President and CFO of EnLink Midstream, a leading entity in the midstream energy market. His tenure there included significant contributions to corporate strategy, including transformative acquisitions and management of a substantial capital structure worth $12 billion.

Upon his appointment, Neighborly's CEO, Mike Davis, expressed enthusiasm about bringing Lamb into the executive team. He noted, "We are pleased to welcome Ben to Neighborly. His depth of financial expertise, operational leadership, and strategic vision make him an ideal fit for this critical role." Davis highlighted Lamb’s experience as an operator prior to becoming a CFO, which he believes will benefit Neighborly in its fast-paced environment and diverse brand portfolio.

Lamb’s skills will be instrumental as Neighborly continues on its trajectory of growth and innovation. His previous working background spans high-stakes investment banking roles at renowned institutions such as UBS Investment Bank and Merrill Lynch, where he advised teams and boards on various critical transactions, including mergers and acquisitions. This robust financial background equips him with a unique perspective and commercial mindset that is aligned with Neighborly's operational ethos.

How did Lamb find his way to Neighborly? "I'm honored to join a purpose-driven company like Neighborly that is reshaping the consumer services space," he stated. His attraction to the company stems from a culture that prioritizes strong values and a strategic vision that resonates with him. He is looking forward to partnering with a talented team to craft impactful strategies that extend beyond mere financial metrics, emphasizing the company’s mission and purpose.

Neighborly, which began as a single brand in Waco, Texas, back in 1981, has since evolved into a formidable network of over 30 brands with more than 5,500 franchise locations across North America and Europe. This family-oriented approach to business emphasizes remarkable services for both consumers and franchise owners.

As the new CFO, Lamb’s role will encompass a wide array of responsibilities, including refining Neighborly's financial strategy to support its growth initiatives, ensuring operational efficiencies, and fostering a culture of accountability and performance monitoring. His direct report to Davis signifies the importance of financial oversight in shaping the company's direction.

In today’s environment, characterized by rapid shifts in consumer expectations and market dynamics, Lamb’s leadership will be pivotal in maintaining Neighborly's competitive edge. The blend of his expertise in strategic growth, operational effectiveness, and commitment to corporate values will undoubtedly be a boon for the company.

As Neighborly® embarks on this new chapter under Lamb's stewardship, stakeholders can look forward to innovative financial strategies that will aid in driving the company’s mission forward. With his track record, the appointment of Benjamin Lamb as CFO is poised to propel Neighborly into its next phase of excellence and achievement in the home services industry.