The Automotive Distribution Network has named Mike Whitten as its first chief financial officer (CFO). Whitten brings a wealth of financial and accounting experience in various industries to his new role as the group’s CFO, according to David Prater, president of the Network.
“Mike’s hiring as the group’s first-ever CFO represents a broader commitment to improve visibility and transparency of the operation to the Network’s membership,” said David Prater, president of the Network. “Mike’s accounting and financial experience from a broad range of industries will prove to be invaluable as the Network continues to grow.”
Holding credentials as a certified public accountant, certified internal auditor, certified business manager and Kepner-Tregoe program leader, Whitten will be responsible for adding greater structure and organization to the Network’s financial systems and financial reporting. He most recently served as divisional CFO of DYK Automotive LLC for more than seven years.
“I’m excited about coming in as the Network’s first CFO because I can help define the position with my own ideas and approach to finance, accounting and operations,” said Whitten, who also served as chief accounting officer for Holly Farms Corp. in the 1970s and ‘80s. “Over the years, I’ve seen a lot of different accounting systems, and I’ve worked with plenty of great people from a broad number of industries. I’ve seen a variety of different approaches that worked in various companies, so I believe I can bring something new that the Network hasn’t seen before.”