LOS ANGELES, Nov. 18, 2015 /PRNewswire/ -- The Los Angeles Business Journal announced the selection of Jake Himelstein, Chief Financial Officer of Los Angeles-based BAMKO, Inc., as the Private Company CFO of the Year 2015. The award was presented to Mr. Himelstein during the Los Angeles Business Journal's CFO of the Year ceremony held at the Millennium Biltmore hotel in downtown Los Angeles.
In June of 2013, Himelstein made the transition from serving multi-billion dollar private equity firms at Deloitte & Touche to becoming the Chief Financial Officer at BAMKO. Himelstein thrived with the move and within weeks was entrenched as one of the most respected and admired members of the team.
Recognized as a "truly transformational Chief Financial Officer," Himelstein was honored for his unique role as a leader within BAMKO and visionary in his field. Citing his "refusal to be satisfied with the status quo," the Los Angeles Business Journal highlighted Himelstein's evolving role in leading BAMKO's Programming, Human Resources, Information Technology, and Risk Management Departments as reasons for his selection.
"I could not imagine a more deserving recipient for this award," said Philip Koosed, BAMKO's Chief Executive Officer. "Jake is a shining example of skill, teamwork, and dedication to his craft. We are thrilled that others outside of BAMKO are able to recognize the invaluable leadership from Jake that we inside of BAMKO have the good fortune to benefit from every single day."
Himelstein's exemplary leadership was reflected in BAMKO's extraordinary NetSuite implementation. In April 2014, BAMKO's executive management team began discussing the adoption of a new finance and accounting ERP to replace their aging systems. Himelstein led a team of 15 people across three continents working together to complete the seamless NetSuite implementation. BAMKO went live with NetSuite on October 1, 2014 – three months ahead of schedule and 50% under budget. The initiative was regarded as such a smashing success that Himelstein was invited to give a featured presentation at NetSuite's annual SuiteWorld conference.
About BAMKO, Inc.
BAMKO is a full-service retail merchandise sourcing and promotional products agency established in 1999. With offices in the United States, England, China, India, and Brazil, BAMKO is a 24-hour-a-day operation with a truly global reach currently serving over 550 of the world's most successful brands. BAMKO works with its clients to provide a wide range of supply chain solutions, including world-class design, sourcing, production, product development, quality control, testing, logistics, and delivery of goods for clients across the globe.
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SOURCE BAMKO, Inc