EXTON, Pa., July 1, 2021 /PRNewswire/ — Ricoh USA, Inc. today announced Sven Adler, Senior Vice President and Chief Financial Officer (CFO) of Ricoh North America, has been honored as a CFO of the Year by Philadelphia Business Journal. The award recognizes financial professionals in the greater Philadelphia area for outstanding performance in their roles as corporate financial stewards. For Adler, this is routinely evident in the work he does turning data into actionable insights and uncovering opportunities that have helped Ricoh double its operating income from FY18 to FY19 along with navigating financial success and digital transformation amid the global pandemic.
Adler leads the company’s finance, accounting, and IT operations in the U.S. and Canada, which includes accounting and controls; digital transformation; financial and tax reporting; pricing and commercials; financial planning and analysis; treasury; and applications and infrastructure. With more than 15 years of experience, Adler brings a proven record of strengthening financial operations to drive greater revenue and efficiencies for Ricoh. This includes providing strategic and operational oversight for financial and IT management enterprise-wide, for 700 team members, along with creating strategies for sustainable growth in key financial areas.
“It is an absolute honor to be recognized as a CFO of the Year,” said Adler. “While it has been an important strategy for quite some time at Ricoh, digital transformation has never been more crucial than within the past 16 months. And while I’m very grateful to receive this recognition, I share this acknowledgment with our team who worked together to overcome the many difficult challenges brought on by the pandemic, thanks to our commitment to help improve quality of work life for all.”
The honorees will be celebrated during a virtual event on July 29 and will be included in a special section of the Philadelphia Business Journal’s July 30 issue.