Cfo Thought Leader

862: The Numbers Don't Lie | Patrick McClymont, CFO, Hagerty

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Synopsis

August might be Patrick McClymont’s preferred month when it comes to entering the CFO office. “September is great, but you may want to show up a little before in order to get your feet wet,” comments McClymont, who last September became CFO of Hagerty, a once–stand-alone insurance agency for classic automobiles that has now morphed into an automotive enthusiast brand that in addition to insurance products also serves up to its car-minded customers a menu of “membership” programs and experiences.It should perhaps serve as no surprise that McClymont’s timing preference has everything to do with the industry’s annual planning process and the opportunity that it affords newly appointed CFOs to convert the fall rite into a learning processObserves McClymont: “You must ask not only ‘How do I learn from this?’ but also ‘What are my intuitions?’ and ‘What do we need to change?’”To better highlight the rewards of CFO timing, McClymont tells us about an earlier CFO chapter with entertainment technology company IMA