Position
Chief Financial Officer
Company
Spruce Industries
Description
Spruce Industries, a family-owned business in the facility supply industry for nearly six decades, announced the appointment of Michael Josephs as an executive vice president and chief financial officer. This move comes as the company looks to amplify its growth strategy amid the rapidly changing landscape of the facility supply sector.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months