FLG Partners Announces Stephanie Roberts as a New Partner

Former Old Navy and Specialized Bicycle CFO joins FLG


PALO ALTO, Calif., Sept. 07, 2017 (GLOBE NEWSWIRE) -- FLG Partners (www.flgpartners.com) today announced the election of Stephanie Roberts as partner in the firm.

“We are delighted that Stephanie has joined FLG,” said Jeffrey Kuhn, Managing Partner of FLG. “Stephanie’s extensive financial and operational experience in consumer goods and retail extends FLG’s reach beyond our core expertise in technology and life sciences, and further cements our position as the leader in CFO solutions and CEO and Board advisory services in Silicon Valley and the Western United States."

“I am proud and excited to be part of such a strong team at FLG,” Ms. Roberts added. “The firm is renowned for its capabilities and brand, and I’m looking forward to expanding the firm’s service offering within retail, e-commerce, and consumer products.”

Formerly, Stephanie was the CFO at Specialized Bicycle Components, the global leader in performance bicycles, equipment, and apparel, where she created and led the company through long term strategies to improve inventory management, financial operations, optimization of its effective tax rate, complete the implementation of Oracle in South America, Asia, and Europe, as well as implement Workday in North and South America.  Additionally, she co-led the redesign and implementation of a mobile first e-commerce platform. Previously, Stephanie was the CFO at Old Navy, at $5.5B the largest division within Gap Inc.  During her first 2 years as CFO she played a key role on the executive team in turning around the business and increasing profits by 40%.  She also led the leadership team through a process to improve overall brand positioning. In addition to a strong focus on the management of inventory, supply chain, and retail/pricing and gross margin, she managed Old Navy’s Canada division with revenues of $600M.  She is most proud of the optimization of Old Navy’s fleet of stores, which went through a transformative and aggressive remodel program significantly improving overall performance.  Stephanie began her career at Syntex Pharmaceuticals in Palo Alto, and held a variety of positions in treasury, finance, and financial operations.

Ms. Roberts earned her B.S. in Business from Golden Gate University, San Francisco.

About FLG Partners, LLC                                                                             
Founded in 2004, FLG Partners (www.flgpartners.com) is the leader in CFO solutions and CEO and Board advisory services in Silicon Valley and the Western United States.  FLG provides financial and operational leadership to companies ranging from newly funded startups to multi-billion dollar public companies across all technology, life science and consumer sectors. The firm's partners engage clients in interim or permanent assignments in leadership roles that vary from consulting engagements to employed corporate officer. Averaging more than 20 years' experience at the CEO/COO/CFO level, each of FLG's partners bring substantial expertise, objectivity and industry best-practices leadership to key transactional requirements, including business planning and execution; financings; SEC reporting and compliance; mergers, acquisitions and divestitures; and troubled-company turnarounds and restructurings.


            

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