KC native to manage financial operations of $11 billion company
In today’s fast-paced business world, it’s unusual for a person to spend his whole career working for the same company. Frank Friedman has done that and more, rising to the very top management levels of a well-known national accounting firm while keeping his home base here Kansas City.
Friedman has been named chief financial officer and managing partner of finance and administration of Deloitte LLP, a firm he has been with for 32 years. A lifelong resident and a member of Congregation Beth Shalom, Friedman is responsible for the financial operations of the $11 billion professional services organization and managing the real estate, field operations and procurement divisions comprising approximately 3,500 people. He also will serve as a member of the executive committee of Deloitte LLP.
He assumed his new position June 1 and credits his success to hard work and a good education, as well as the longevity itself.
“The attitude many people have today is that you can’t stay with the same firm and be successful for your career. I think that’s not a true statement,” he explained.
Deloitte has a strong history in Kansas and Missouri as one of the most prestigious professional services organizations, serving the region’s top companies since 1920 with more than 240 local employees. In 2010, the Kansas City Business Journal ranked Deloitte No. 2 on its list of the Top 25 Area Accounting Firms and No. 3 on its list of the Top 25 Management Consultant Firms. In May 2010, Deloitte also was recognized in Ingram’s Magazine as one of the Best Companies to Work for in Kansas City.
Friedman explained that Deloitte, together with the other member firms of Deloitte Touche Tohmatsu Limited, is the world’s largest professional services network serving client needs in audit, tax, consulting and financial advisory services across more than 20 industries.
“We have over 100 offices in the States and we continue to grow most years,” Friedman said.
A 1979 graduate of the University of Kansas, Friedman went to work at what was then Touche Ross right out of college.
“The key to my success at Touche and Deloitte is that it gave me every opportunity I frankly ever wanted or desired from an accounting firm,” Friedman said.
Over the years Friedman said he has worked in a variety of challenging and different positions while climbing the ladder of success, starting out in the auditing department.
“Then I moved to tax. I had some of the best clients that one could imagine in this city. I got very involved with individuals and private companies,” he said.
His next move was to become a managing partner of the Kansas City office and then added management of the St. Louis office to his portfolio.
“Then I went off and did some national things around operations, technology, real estate and finance,” Friedman said.
About four years ago he began concentrating fully on the company’s finances.
“Eventually, and naturally, I think, I then assumed the CFO position,” he said.
The beauty of working for Deloitte or another other large firm, Friedman said, is that there are “always opportunities to try something different.”
“Although I’ve been here since 1979, once I became a partner in 1988 I’ve probably changed jobs and responsibilities every three or four years,” he said. “That’s what makes it fun and that’s what makes it challenging.”
He is proud of the company he has dedicated his adult life to.
“We pride ourselves on our clients. We pride ourselves on our growth. We pride ourselves on our people and we also pride ourselves in having good, sound, fundamental financial discipline,” he said.
Friedman said his job, in part, is to maintain and to improve the company’s financial discipline as well as to make sure it is financed for the next decade.
“I think a big piece of my job is to ensure the financial stewardship of the firm, along with our incredible board of directors. But I think in large part that’s what we’ve been doing for the last several years,” he said.
Friedman thinks his new position will be much more banking, treasury and investment related than he’s been involved with in the past.
“I will be getting much more involved in our real estate strategies, our procurement strategies and most importantly our growth strategies for the firm,” he said.
Friedman has served on a variety of civic endeavors including Health Midwest, Menorah Hospital, Overland Park Hospital, Starlight Theater, Reach Foundation, Minority Supplier Council, and the Full Employment Council. He and his wife, Sondra, have two children, Micah, a sophomore in college and Lily, a junior at Pembroke.
ANOTHER RABBI ON THE MOVE — Rabbi Craig Lewis, a Kansas City native (Shawnee Mission East ‘93 and KU ‘96), is returning to the Midwest to assume the pulpit of Congregation B’nai Jeshurun (the South Street Temple) in Lincoln, Neb. Having received ordination from the Hebrew Union College Cincinnati campus in 2008, Rabbi Lewis spent the last three years serving as assistant rabbi at Congregation Shir Ha-Ma’alot in Irvine, Calif. During his tenure there he performed a variety of rabbinic functions, including worship, Torah study and life cycle events. He also taught in the religious school and worked closely with the youth groups, the brotherhood and the congregation’s seniors’ group. Upon their arrival in Lincoln, Craig’s wife Jennifer will be the art studio program manager for Resources for Human Development, a non-profit agency that serves disabled adults. Their 3-year-old son Eden is excited to explore his new pre-school and to grow up closer to his saba (grandfather), aunts, uncles, and cousins in Kansas. Craig is the son of Stuart and Hilary (z”l) Lewis of Prairie Village.
For the second year in a row, Congregation Beth Israel Abraham & Voliner has played host to a group of interns from Yeshiva University. Known as the Kansas City Summer Fellowship, it is touted to other students at Yeshiva U as a program where the men and women “will become a part of the Kansas City BIAV Jewish community for a month, spending their days working at a variety of exciting internships, and dedicating their nights to energizing and learning Torah with the Jewish community.”
In the world of Jewish music, Matisyahu is a real rock star. The Grammy-nominated reggae artist will be in Kansas City again Thursday, July 7, when he and his band the Dub Trio, perform at Crossroads KC @ Grinders along with The Wailers.
There are a variety of options to order kosher meat online. One of the newest, The Kosher Express, has a local connection. The company ships its glatt kosher meat from a warehouse in Independence, Mo.
Now officially a senior in high school, Mollie Chesis could probably teach classes on organizational skills. In order to do everything this Blue Valley High School student does, she must stay organized and on schedule.
UP, UP AND AWAY — Jeanne Mallin recently celebrated her 86th birthday. She’s been an active and beloved member of Congregation Ohev Sholom for more than 35 years according to Rabbi Scott White, and she has many friends among the members. One of those, Bob Magoon, wanted to do something special to help her celebrate this birthday. He said Mallin had told him she always wanted to take a hot air balloon ride so she could feel the wind in her face. So he arranged to take her on her dream ride on June 15. As they sailed the big blue sky they dropped manna, or in this case matzah, from heaven. It was a once-in-a-lifetime experience for both of them!
SINGING FOR CHARITY — The Country Chicks, made up of five Glaser sisters and a neighbor friend, have entered the Town Center Plaza SING 2011 Contest. The winning group will take off with a Grand Prize Package of $20,000 for their favorite charity, $5,000 in Developers Diversified Realty MasterCard Gift Cards and the once-in-a-lifetime opportunity to record a song with Emmy-award-winning singer/songwriter Kevin Briody. Mom Lori Glaser said the girls immediately wanted to enter the contest in the hopes of winning the Abby’s Run for the Heart — an event initiated in 2003 to raise money for pediatric heart diseases. The Glaser’s oldest daughter, Abby, died in 2001 from a disease called viral myocarditis, a virus that quickly infected her body and attacked her heart causing her sudden death. To date, fundraising efforts have raised more than $600,000. While the group may sing a little out of tune, they are garnering lots of votes. Voting continues through July 15 and you can vote for them at www.towncenterplaza.2011sing.com. You’ll have to register and look for The Country Chicks and hit play.
Kelly Manning, owner of the new suburban hot spot Tavern in the Village, is a local in nearly every meaningful sense of the word. (Located at 3901 Prairie Lane, Prairie Village, KS 66208, (913) 529-2229) He grew up within a couple miles of the Prairie Village restaurant he opened several months ago, attended Pembroke Hill High School, and garnered a feel for the restaurant business under the wings of the Kansas City-rooted PB & J folks. Having worked his way up the ladder of the Morton’s Steakhouse chain for 14 years, he came home to demonstrate the fruits of his years of restaurant labor to his old neighborhood. There is something gratifying to Midwesterners — Kansas Citians, particularly — when one of their own returns home to make a favorable mark on his community of origin. And Manning has done just that.
Some food folks operate with a mental line-up of certain, bellwether dishes that can be sampled — for comparative purposes — from restaurant-to restaurant. One such dish, for me, is a basic, roasted chicken (on the bone) — the quality of which is wholly rooted in effective seasoning and cooking technique. Tavern’s ½ Rotisserie Chicken ($13) came with the skin crispy on the outside, and the chicken moist and flavorful on the inside. The half bird was served atop decent mashed potatoes and al dente lemon pepper green beans.
Young people looking for a chance to meet other young Jews in a non-pressure situation should look no further than the Community Kollel of Kansas City’s Shabbat Live program. About five times each year the Kollel brings young Jewish professionals in their 20s and 30s together to do one simple thing — enjoy a Shabbat meal.