Incoming West Hartford financial technology company Ideanomics says its hired a veteran chief financial officer to fill its vacant post.
New York and China-based Ideanomics, which is planning to build a $400 million “Fintech Village” at UConn’s former West Hartford campus, announced Tuesday the appointment of Conor McCarthy as its new CFO.
McCarthy will replace interim CFO Cecilia Wu, who stepped into the role in recent months after former CFO Federico Tovar left the company in May. Tovar served as CFO for about a year.
Based in New York, Ideanomics said McCarthy, effective immediately, is charged with overseeing its global financial operations such as financial management, treasury, tax, budgeting, financial planning, reporting and compliance.
CEO Alfred P. “Alf” Poor in a statement said Ideanomics was searching for a financial chief with fintech and startup growth experience.
“Conor brings a blend of operational and strategic experience to our finance operations, and his extensive experience with financial services firms will prove invaluable to our planning and execution,” Poor said.
McCarthy arrives to Ideanomics with more than 30 years experience in corporate strategy and corporate finance.
Since beginning his career as an auditor for accounting firm KPMG in Ireland, McCarthy since the late 1990s has gone on to serve as CFO for Exco USA, GFI Group Inc., Convergex Group LLC, Intent Media Inc. and, most recently, fintech platform OS33.
In July, Ideanomics unveiled its vision for a massive development on the 58-acre campus in West Hartford. The state of Connecticut has pledged $10 million for the project in exchange for the 330 jobs Ideanomics promised to create.
