416: A CFO's Doorway to Independence | Patrick Shannon, CFO, Allegion

416: A CFO's Doorway to Independence | Patrick Shannon, CFO, Allegion

Over a period of 12 years Patrick Shannon served in seven different finance and business development roles inside the sprawling operations of industrial manufacturer Ingersoll Rand, Inc. He found the work both challenging and satisfying and outside CFO opportunities earned little interest until one day an outside opportunity came from inside Ingersoll Rand where management was formulating a spinout that would shuttle an impressive collection of the company’s security brands into an independent company, known as Allegion. And so in 2013 – Shannon climbed on board as Allegion’s CFO and began a tour of duty that not unlike the seven roles that preceded it requires a restless and independent mind.

“There’s more data out there than we know. The question is, ‘How do you collect it in a meaningful way so that you can analyze it and have some insights for the business?’ At Allegion, we do a lot of things on the front end of the business that are driven not only from the finance organization but from inside the broader organization as well. We’ve gained a lot of additional insights related to how we interact with our customers and distributors by using CRM tools and utilizing them more effectively to better understand demand and what’s going on in the marketplace.” - CFO Patrick Shannon

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Episoder(1197)

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1197: The CFO Who Learned Finance by Owning Sales | Sinohe Terrero, CFO, Envoy

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Inside the IPO: Three CFOs, Three Perspectives

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1 Jul 59min

1196: Your Next Finance Hire Should Think Like a Founder | Martino Cadoni, CFO, DeepL

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When Martino Cadoni joined DeepL, he arrived with an unusual perspective—he already knew the company’s product firsthand. Earlier in his career at Klarna, he had helped introduce DeepL as a translatio...

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1195: When Finance is at the Center of the AI Code Revolution | Jean Compeau, CFO, Sonar

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24 Jun 47min

1194: Why Curiosity Creates Better Finance Leaders | Stacey Jenkins, CFO, Aerotek

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1193: Building Finance Functions That Shape Outcomes | Jesse Waldron, CFO, Thyme Care

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1192: Building Through Disruption | Christina Spade, CFO, Catalant

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