Print this page7/1/2007
July 1, 2007--Rochester, Minn.-- Tom Foegen (pronounced Fay-gun) has joined Byrne & Company Limited.With over 23 years of experience in business management and public accounting, Mr. Foegen will serve as the Chief Operating Officer (COO) for Byrne & Company Limited.
As the COO, he will be responbsible for managing projects and staff, organizing the Rochester office, communicating with clients, and attending industry conferences. His main responsibilities will include: strategic planning for clients, as well as Byrne & Company; business development, including organizational and structural development; preparing financial models; writing business plans; and researching and developing renewable energy ideas.
After graduating from Winona State University with a Bachelor of Science degree in Accounting and General Business, Mr. Foegen worked in public accounting for six years. In 1984, Tom became licensed as a Certified Public Accountant. While working in public accounting, Mr. Foegen spent considerable time writing custom software for clients in areas, such as: payroll, accounts receivable, accounts payable, job costing and general ledger.
With a desire to learn more about business, Mr. Foegen decided to move to private industry and was hired as the controller at a printing company in Rochester, Minnesota. For the next 17 years, he worked in almost every area; from accounting, information technology, customer service, operations, to becoming the president of the company.
During his 4 years as president, overseeing three manufacturing locations and over 400 employees, he led the company to achieving more than 50% growth in sales and a 34% improvement in profits. While at the printing company he developed a custom print management system, started a second division of the company, opened a manufacturing facility in Pennsylvania, created the company's first mission statement, initiated the company's strategic planning activities and created web sites to allow customers to order products via the web.
Tom's personal style revolves around listening to the people he works with and caring abou their goals. He feels that it is critical to understand a business' needs before he can provide a potential solution for them.
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