Nate Heward: CXO of the Year
Congratulations to Nate Heward, Chief Financial Officer at Acima Credit, LLC – he has been selected as one of the 2017 CXO of the Year honorees!
Each year, Utah Business magazine selects C-level executives who are at the top of their respective fields and honors them in both its June issue and at an awards luncheon held in their honor.
Read more about Nate and the other 2017 CXO of the Year honorees in the digital magazine.
Nate Heward first became involved with Acima Credit as its outside accountant. In that role, he successfully helped the company pass its first audit. Then he helped Acima develop a forecasting model and prospective financials in order to attract private equity investment.
Since Heward officially joined Acima Credit in October 2015, he says, “we closed a $10 million equity round, we increased our debt line from $10 million to $70 million, we went from operating losses to operating income, we increased revenues over four-fold, we made major improvements in our internally developed software and we’ve enjoyed operating efficiencies.”
Heward has high expectations for himself—and his team members. “At a high level, Acima’s successes are my successes. If what I am doing contributes meaningfully to its success, that is fulfilling to me. I see this attitude in our entire team, and I love it,” he says. “At a personal level, whatever I do, I want to get it right the first time. And then do it better the next time. A sliding measuring stick is sometimes a tough way to go, but we can celebrate each little success along the way.”