Peter Culpepper: Financial Executives International Advances Profession with Vital Industry Research

Pete Culpepper is a senior financial executive and current chief financial officer and chief operating officer of Provectus Pharmaceuticals. Peter Culpepper is a member of Financial Executives International.

Headquartered in Morristown, New Jersey, Financial Executives International (FEI) has more than 80 chapters in the United States, Canada, and Japan. FEI connects senior-level financial executives and works to define the profession, transfer knowledge, and collaborate with government to improve the general economy. Today, FEI offers conferences, meetings, and online forums where members can exchange best practices and enrich their expertise.

A key initiative of FEI is the Financial Executive Research Foundation (FERF), a separate 501(c)(3) organization founded in 1944. Since its inception, FERF has performed impartial, independent research on important financial and strategic management topics. FERF frequently partners with other organizations to conduct industry research and provide professional education programs.

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What is a Chief Financial Officer? By Peter Culpepper

As the member of a company’s senior management team who is responsible for overseeing all aspects of its financial standings, a Chief Financial Officer (CFO) is a highly important individual in any organization. Essentially, the CFO’s position involves monitoring all inflow and outflow of cash. The CFO handles credit, prepares budgets, oversees tax issues, and maintains the balance between revenues and expenditures. He or she is also responsible for developing a company’s financial strategy for the future.

The CFO is at the head of many of a company’s essential functions, and consequently, is open to a wide range of liability issues such as fraud or embezzlement. To ensure the ability to manage all required tasks properly, the CFO must possess a solid background in business, a great deal of training, and often, an advanced academic degree.

About Peter Culpepper: Pete Culpepper is the Chief Financial Officer for Provectus Pharmaceuticals.