Leung to support company’s continued growth and innovation.
Harvest CFO, The Premier executive recruiting firm serving Private Equity and Venture Capital backed companies, is pleased to announce the placement of Ralph Leung as Chief Financial Officer for Freedom Financial Network, LLC (“FFN”) a Silicon Valley leader in consumer debt solutions. Freedom recently became the first in the debt negotiation industry to resolve more than $15 billion in total consumer debt; employs nearly 2,300 team members; has served more than one million customers and has been voted one of the best places to work in both the San Francisco Bay and Phoenix areas for several years.
“I am very pleased to become part of the incredible Freedom Financial Network team, building on their successes to date, as well as supporting Freedom’s strategic plan, digital acceleration and multi-product growth initiatives for the future,” said Ralph Leung, CFO.
“Working with Harvest CFO to make this happen beat all of my expectations” stated Leung. “They were the most authentic and trusted partner I have ever worked with from all of the executive search firms I have come across. We were able to be very transparent in the process, and I never felt like a ‘product’ in the transaction. I was given many opportunities to ask questions and think independently without being rushed to make a decision. That’s how we got this done and all sides were happy with the process and outcome.”
With more than 20 years of financial leadership experience, Leung has a proven history of performance in CFO roles in Silicon Valley, building on his senior investment banker role at Morgan Stanley in Technology, Fintech and M&A earlier in his career. Prior to joining Freedom, Leung held the position of CFO for Fivestars, where he oversaw the company’s growth and navigation through the pandemic, and led the Company through its $317 million acquisition by SumUp in October.
“I am pleased to welcome Ralph to our leadership team,” said Jeff Staley, Freedom’s managing director. “His deep and extensive experience in strategic financial planning, driving execution and managing through rapid growth will make an impact today and in the future. I am confident that he will help drive our growing organization.”
“Harvest CFO was our recruiting partner for our critically important CFO role,” stated Linda Luman, Executive Vice President of Human Resources at Freedom. “They brought real expertise in the CFO role which was a big plus in their creating with us a shared vision as to the right skillset, career experience and personal attributes needed for this role given our strategic plan, our leadership team and our culture. They ran a highly efficient, collaborative process and presented excellent candidates. They also played a key role in our offer process towards our successful outcome with Ralph. Working with Harvest CFO was very successful. We couldn’t be more pleased with the process, their team or the fact that Ralph Leung is joining the Freedom Family to help drive our business forward.”
Harvest CFO, headquartered in Tampa, FL, has partnered with approximately 70 Private Equity and Venture Capital firms to recruit hundreds of CFOs and financial leaders for permanent and interim roles for their portfolio companies across a broad list of industries and highly niche verticals in most geographic markets in the US. We would appreciate an opportunity to have a conversation with you to understand the financial leadership needs within your portfolio. Call Don Hillier, CEO, Harvest CFO, 216-609-3033 or email dhillier@harvestcfo.com.
