ARCA CFO Eric Teague recognized by The Triad Business Journal

MEBANE, N.C. – ARCA, a global leader in developing cash automation technology for banks, retail locations and self-service kiosks, today announced that the company’s Chief Financial Officer, Eric Teague, was honored as the 2015 Financial Executive of the Year by the Triad Business Journal. The award recognizes top financial executives who have made substantial contributions to their companies and communities.

“We are happy that Eric has been recognized for the contributions he has made to ARCA,” Mort O’Sullivan, ARCA’s CEO and Founder said. “His tenacity and steadfast determination is an asset to this company and is a big reason why we are seeing continued growth globally. In addition to his strong financial credentials, Eric’s skills as an expert negotiator and experience with expediting acquisitions are invaluable to this company.”

In October 2014, Teague joined ARCA as CFO and was instrumental in finalizing the late-December acquisition of the CTS Group, a network of cash automation technology companies based in Italy and the UK. Internally, he has led numerous initiatives including: financial reporting overhaul, standard pricing plans, employee compensation plan, global travel policy, and department-by-department fixed and rolling budgets.

Teague is a Certified Public Accountant and holds an MBA from the University of North Carolina at Chapel Hill and a BS in accounting from North Carolina State University. He currently lives in Raleigh with his wife and three children.

---

About ARCA

Media Contact