Draper's Christine Albertelli Named a Boston Business Journal 2022 CFO of the Year

Christine Albertelli, CFO and treasurer at Draper, has been named a CFO of the yr in 2022 by the Boston Organization Journal.

CAMBRIDGE, Mass., Could 30, 2022 /PRNewswire-PRWeb/ — Draper Main Money Officer Christine Albertelli has been named a CFO of the Calendar year by the Boston Enterprise Journal. This year’s award acknowledges chief financial officers and their groups who sent the most excellent functionality for their Massachusetts firms.

As main monetary officer and treasurer at Draper, a nonprofit company and a pioneer of Massachusetts’ innovation economic climate, Albertelli is liable for all economic setting up and evaluation, asset stewardship, treasury, accounting, company controllership, compliance and money acquisition and management activities of the corporation’s $700 million in annual profits and 1,750 workers.

Appointed as CFO in 2020, Albertelli has ensured Draper has remained fiscally powerful whilst running in an intensely competitive market. Considering that assuming the CFO duties, Albertelli has steered the business by means of some of the most demanding occasions in its historical past, enjoying a crucial leadership function in solidifying Draper’s financial power and charting the company’s future expansion.

“Christine’s pro stewardship of Draper’s financial wellness in excess of the previous couple of years has permitted us to better assist our consumers, employees, investigate companions and the community,” mentioned Tara Clark, interim chief executive officer at Draper. “Her transformative leadership has been extra essential than at any time as she has served the corporation attract talented staff to the finance management workforce, formulated vital insights into the organization’s monetary product and labored to push improved effects, whilst also becoming responsive to vital business enterprise requirements.”

“I am honored to have been selected as a CFO of the Yr by the Boston Small business Journal,” Albertelli stated. “This recognition is a testomony to the exceptional operate of every person on the finance group at Draper to accomplish the highest requirements of general performance and professionalism. As we go on to fulfill the nation’s pressing demands for superior technological solutions, I am determined and privileged to assistance Draper’s posture as a leader in innovation for countrywide defense.”

Albertelli joined Draper in 2017 as principal director of finance before starting to be the firm’s chief economical officer and treasurer.

Albertelli serves as one particular of six officers handling the day-to-working day company for the corporation. She defines the eyesight and path of the finance business and gives insights to successfully allocate and use methods to maximize Draper’s mission. Draper is a nationwide corporation, with headquarters in Cambridge, Massachusetts, and seven regional offices.

Albertelli has a bachelor’s diploma in functions exploration from Columbia University’s Fu Foundation Faculty of Engineering and Utilized Science and a master’s diploma in organization administration from the MIT Sloan School of Administration.

This year’s awards software will be held Thursday, July 14. Ten main money officers will be honored in many categories. Albertelli will be identified in the huge nonprofit category.

Draper

At Draper, we think enjoyable factors take place when new capabilities are imagined and created. Whether formulating a notion and establishing just about every component to obtain a field-all set prototype or combining present systems in new ways, Draper engineers implement multidisciplinary strategies that provide new capabilities to shoppers. As a nonprofit engineering innovation enterprise, Draper focuses on the structure, progress and deployment of superior technological methods for the world’s most complicated and crucial challenges. We give engineering alternatives directly to authorities, sector and academia function on groups as prime contractor or subcontractor and take part as a collaborator in consortia. We supply impartial assessments of know-how or devices made or advisable by other organizations—custom developed, as nicely as professional-off-the-shelf.

Media Call

Dan Dent, Draper, 617-258-2462, [email protected]

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