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Bryan Cave’s Los Angeles office will host a LA CFOs event March 14 featuring a presentation by David Donell, senior director of finance and operations at Clearlane, on best practices for creating budgets and budgeting plans. A wholly owned subsidiary of Ally Financial, Clearlane provides an advanced cloud-based platform that connects automobile consumers and dealers with leading lenders and service providers to help finance and protect vehicles.
Prior to Clearlane, Donell was the chief financial officer of Docupace Technologies, a leading SaaS-based provider of electronic processing solutions for financial services firms. Donell facilitated the capitalization of the business with two venture equity partners and drove the company to year-over-year growth rates in excess of 50 percent. Prior to Docupace, he served as chief financial officer of XPRIZE, a nonprofit that promotes radical change for the benefit of humanity using a large prize model as a catalyst. Donell oversaw the award of more than $50 million, negotiated and closed more than $60 million in Fortune 50 corporate sponsorships, and facilitated $15 million in funding to the nonprofit through the innovative use of private stock donations.
“How to effectively manage and multiply your resources is an essential lesson for growing companies,” said Los Angeles Partner David Andersen. “We are honored to welcome David to share the insights he has gleaned over the course of his impressive career with our community of CFOs.”
Bryan Cave has partnered with LA CFOs since 2013. LA CFOs brings together CFOs and financial professionals to collaborate, innovate and share ideas to increase the efficiency and value of members’ roles in their companies. The organization hosts regular presentations and problem-solving roundtables to address critical business issues facing CFOs. Mark J. Landay, managing director of executive search firm Dynamic Synergy Corporation, leads the organization.