HOUSTON, TEXAS (May 24, 2011)— Cherry’s Chief Financial Officer Joel Gutierrez is one of 10 Houston corporate financial stewards who was recently honored as a recipient of the Houston Business Journal’s 2011 Best CFO of the Year Awards.
Gutierrez won the Best CFO of the Year Award in the Emerging Private Company category. He was recognized for initiating financial measures to help the demolition and recycling company lower debt, improve profit margins and take advantage of approximately $2 million in state grants for equipment to lower air emissions. He also upgraded the company’s accounting software and hardware to function faster, creating enhanced accounting systems for nine new company divisions, in addition to upgraded and uniform budget processes.
The graduate of Stephen F. Austin University joined Cherry in 2003 as CFO.
Cherry is a recycling and demolition company based in Houston, Texas. Founded in 1952, Cherry specializes in the removal of all types of structures—from highways and bridges, industrial plants and commercial buildings to residences through demolition and other deconstruction techniques. In addition, Cherry is one of the largest recyclers in Texas and Gulf Coast. Recycling more than a million tons of concrete and asphalt and thousands of tons of steel every year, Cherry also recycles residential composition asphalt shingles. Recycled concrete and asphalt is returned primarily in road and highway projects while re-claimed steel ends up in thousands of new metal products. Cherry produces more than a million tons of stabilized materials annually in the Greater Houston area for use in everything from parking lots and underground utilities to pipeline support and storm sewers. For more information, see www.cherrycompanies.com.