As the economic recovery seems faltering one day and back on the track the next, companies need all the new ideas and hard work they can get to keep the wheels of finance humming, and this latest group of up-and-coming executives seem ready to roll. Many on this year's 40 Under 40 list started their careers with Big Four accounting firms, while others have backgrounds as investment bankers, Wall Street analysts and management consultants. The list includes plenty of executives with M.B.A.s, but also a few with degrees in law and engineering. Most impressive, though, are the projects the executives have undertaken on behalf of their companies, ranging from efforts to restructure finance departments and repatriate overseas funds to participation in mergers, acquisitions and financings galore. The executives on the next five pages are positioning their companies for growth once the economy improves. Hopefully, these under-40s won't be too much older when that happens.
Costello was named CFO of Sequa, whose products include airplane parts and auto components, in 2009, after playing an integral role in the Carlyle Group's acquisition and subsequent reorganization of the company. She had served as Sequa's corporate controller since 2005. Costello, who started her career at Arthur Andersen, has a B.B.A. in accounting and an M.B.A. in finance from Iona College.
Financial planning &
analysis manager & VP
Cribbins helps plan strategy, assess performance against targets and provide support for investor communications for General Electric's $50.7 billion financing arm. After graduating from GE Capital's financial management program in 1998, he became CFO of GE Commercial Financial Asia in 2006 and CFO of GE Capital Asia in 2008. Cribbins has a B.A. in economics from Holy Cross
Assistant corporate controller
Matteo manages financial reporting, internal controls, Sarbanes-Oxley compliance and accounting policies for the $30.9 billion industrial company. He's also responsible for quarterly communications to the board's audit committee. Earlier, he worked at Deloitte & Touche, where he did a two-year stint in the national accounting research department. He has a B.A. in accounting from Muhlenberg College.
Corporate controller & VP
Reliance Steel & Aluminum
Miyamoto has participated in more than 15 acquisitions and worked on public debt issues totaling $600 million since 2004 as corporate controller of the $6 billion provider of metals processing services and metal products. Before joining Reliance Steel in 2001, she spent six years in audit at Ernst & Young. Miyamoto has a B.S. in accounting from Loyola Marymount University.