John Ustica is the Chief Financial Officer for Siemens Government Technologies, Inc., the integrator of Siemens’ innovative products, technologies and services for programs and requirements at federal government agencies and departments in the areas of energy generation, transmission, distribution and efficiency, infrastructure modernization, industrial applications and integrated electric power solutions for the air, land and sea domains.
Previously, Mr. Ustica was the General Manager for Generator Products at Siemens Energy Facility in Charlotte, NC, where he also led strategic product initiatives for the global generator manufacturing network.
During his 17 years with Siemens Power Generation, Mr. Ustica held roles with increasing responsibility, ranging from internal audits for large turnkey project sites to managing a central finance team that was responsible for financial work streams and a strategic acquisition.
Mr. Ustica was Plant Controller for the Fort Payne Operations, where he was responsible for profit and loss as CFO for the manufacturing plant. He also served as the Director of Finance at the Generator facility in Mulheim, Germany, where he was responsible for all financial aspects of the business, including the financial development of new generator products. Mr. Ustica was the Plant Manager for the Siemens Energy Facility for Electrical Components in Fort Payne, AL. During his time in Fort Payne, he led a team involved in reducing lead times by 20% on core products and created an Apprenticeship Program in collaboration with a local community college.
Mr. Ustica received his BS BA in Finance from the University of Central Florida in 2001 and his MBA from Rollins College in 2005. He was recently named to the Charlotte Business Journal’s Top 40 Business Leaders Under 40, and, serves on the Board of Advisors at Queen University’s McColl School of Business and the Board of Directors at Boys Scouts of America, Mecklenburg County Council.
A recent McKinsey survey found that the CFO’s role has become broader and more complex than even 2 years ago. Today’s CFO has an average of 6.2 reporting functional areas with a corresponding increase in responsibilities including board engagement and taking the lead in digital transformation initiatives. Key takeaways for this session include: