PE-backed Secur taps Bright as CFO


Secur, which is backed by Caruth Capital Partners, has named Clifford J. Bright as chief financial officer. Bright is the former vice president of finance and administration and CFO for MHF Logistical Solutions Inc. Pennsylvania-based Secur is a provider of transportation logistics, packaging, technical services and waste management for the hazardous/industrial, oil and gas, and nuclear/radioactive markets.

PRESS RELEASE

PITTSBURGH (PRWEB) JULY 12, 2018

SECUR, a privately owned, asset-based provider of transportation logistics, packaging, technical services and waste management for the hazardous/industrial, oil & gas, and nuclear/radioactive markets, announced today the hiring of Clifford J. Bright as Chief Financial Officer.

This longtime professional in the waste management industry will help SECUR accelerate its already aggressive growth strategy to develop new waste treatment facilities and expand its assets and service offerings for customers.

Cliff is an experienced financial professional who has served as CFO for several waste management firms during his 45-year career. He was Vice President of Finance and Administration and CFO for MHF Logistical Solutions, Inc., the previous company founded and owned by Jennifer and John Evanko, who are the founders and owners of SECUR. Cliff joins several other previous employees of MHF at this new venture that furthers the work they started at MHF to provide innovative waste management solutions for environmentally sensitive materials.

During Cliff’s eight-year tenure, MHF grew from six to 75 employees and from $8 million to $116 million in revenues.

Cliff has varied experience in acquisitions, consolidations, establishment and management of internal controls, multi-profit center accounting with detailed financial reporting, cost accounting, taxes, financial statement preparation and analysis, budget planning and administration, payroll and accounting and human resources. He also has negotiated bank and cash management arrangements.

Jennifer Evanko, managing member and CEO of SECUR, said, “Cliff’s expertise in managing the financial affairs of rapidly growing, private companies is invaluable to us. Plus, he understands our niche industry as well as we do. We know that he is capable of helping us grow and diversify.”

Cliff will oversee SECUR’s financial affairs for its two entities, SECUR LPT, LLC and SECUR O&G, LLC, including managing SECUR’s existing lines of credit with LegacyTexas Bank and the capital funds invested in SECUR by its private equity partner, Caruth Capital Partners.

ABOUT SECUR
SECUR provides clients in industry and government with asset-based logistics, packaging, technical services and waste management that enable them safely and cost efficiently to handle a range of hazardous, industrial, oil and gas, radioactive, and other complex wastes.

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