Garden Valley, Texas, May 26, 2020: Fred Grote, Chief Financial Officer for Mercy Ships, has been named the Outstanding CFO Nonprofit Organization by D CEO. Top corporate CFOs across Texas were nominated for this prestigious honor and the winner was determined by a panel of independent judges.
This award, presented in partnership with the Association for Corporate Growth, TXCPA Dallas and Financial Executives International, recognizes CFOs and financial leaders across the Texas area for outstanding contributions to their organizations and communities.
The unique challenges of 2020 brought on by the pandemic highlighted the critical role of financial executives like never before. In choosing Grote for the Outstanding CFO award, D CEO cited Grote’s overall financial management achievements, including completing a $200 million capital campaign during 2020. Under his leadership, the finance team made significant improvements such as a new fund management strategy, implementing a new document management system, and developing a financial dashboard.
Grote has extensive experience in finance, accounting planning, and international operations. He joined Mercy Ships in August 2017. Prior to joining Mercy Ships, Grote held a position as Vice President, Planning and Analytics with Hunt Consolidated. He is a CPA and holds a BSBA in Accounting from the University of Texas at Dallas, as well as an MBA in Finance from the University of Dallas.
“Fred is a unique leader whose imprint on Mercy Ships goes well beyond managing financials or other aspects of the typical CFO’s role,” said Tom Stogner, Mercy Ships Chief Executive Officer. “His financial stewardship is exemplary and he has helped shape Mercy Ships into a financially strong organization. Fred is very deserving of this recognition.”
ABOUT MERCY SHIPS: Mercy Ships uses hospital ships to deliver free, world-class healthcare services, capacity building and sustainable development to those without access in the developing world. Founded in 1978 by Don and Deyon Stephens, Mercy Ships has worked in more than 70 countries providing services valued at more than $1 billion, treating more than 2.5 million direct beneficiaries. Each year Mercy Ships has more than 1,600 volunteers from more than 40 nations. Professionals including surgeons, dentists, nurses, healthcare trainers, teachers, cooks, seamen, engineers, and agriculturalists donate their time and skills to the effort. Mercy Ships seeks to transform individuals and serve nations one at a time. Learn more about who we are.
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Hi-res photos and general Mercy Ships B-Roll video footage are available upon request.