2013 CFO OF THE YEAR: Steve Hunnicutt, Elwood Staffing

2013 CFO OF THE YEAR: Steve Hunnicutt, Elwood Staffing

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HONOREE, Private Companies (Revenue $100 million or more)

As CFO of Elwood staffing, Steve Hunnicutt’s influence has been much more than temporary.

He’s overseen eight acquisitions, doubling the company’s footprint and its revenue. The achievement is even more remarkable considering that three of those acquisitions occurred in the difficult economic years from 2008 to 2010—when his industry contracted 37 percent. And he’s kept the company profitable during every year of his tenure.

Hunnicutt was recruited to serve as controller after working with an automotive-parts supplier as a business analyst. That previous employer had just gone through a merger, usually a volatile time.

“I thought it was not a bad idea to hear what these folks at Elwood had to say,” Hunnicutt recalled. Liking what he heard, he joined the family-owned business in 2000.

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