Financial Operations
How to Choose a Fractional CFO: A Buyer’s Checklist
Hiring a fractional CFO can be one of the highest-leverage decisions a growing company makes, and one of the easiest…
Andrew Hoyt
Chief Financial Officer
Andy is a seasoned finance executive with 29 years of experience in public and private companies across the pharmaceutical, cannabis, energy, and technology industries. He brings a strong mix of both technical accounting and operational finance experience, having worked in public accounting at Price Waterhouse, SEC Reporting at Motorola, and in FP&A roles for multiple companies. One of those companies was privately owned, which he helped lead to a successful exit resulting in the company's acquisition.
Andy is a seasoned finance executive with 29 years of experience in public and private companies across the pharmaceutical, cannabis, energy, and technology industries. He brings a strong mix of both technical accounting and operational finance experience, having worked in public accounting at Price Waterhouse, SEC Reporting at Motorola, and in FP&A roles for multiple companies. One of those companies was privately owned, which he helped lead to a successful exit resulting in the company's acquisition.
Andy has spent the past five years in the growing U.S. cannabis industry, serving as the CFO of a start-up and as both the SVP of FP&A and Corporate Controller for Cresco Labs, a public multi-state operator with revenue over $750 million.
Andy holds a BS in Accounting from Miami University in Ohio, an MBA from the Kellogg School of Management, and is a non-practicing CPA. He lives outside Chicago with his wife and three boys.
36 articles by Andrew Hoyt
Written from the desk, not from a content brief.
Financial Operations
When Does Your Business Need a Controller? Signs, Timing, and Revenue Thresholds
Most business owners do not wake up one day certain they need a controller. Instead, the signs creep in: the…
Financial Operations
What Is a Fractional CFO? What They Do and When You Need One
Somewhere between hiring a bookkeeper and bringing on a full-time chief financial officer, most growing companies hit a wall. The…
Financial Operations
Outsourced Controller Services: Scope, Cost, and When You Need One
Somewhere between a bookkeeper who records transactions and a CFO who sets strategy sits a role most founders discover only…
Financial Operations
What Does a Fractional CFO Do? A Guide for Growing Companies
Growing companies reach a point where the numbers start driving the biggest decisions: how fast to hire, whether to raise,…
Financial Operations
Cash Runway: How to Calculate It and Extend It
Cash runway is the simplest and most consequential metric in startup finance. It is the answer to one question: how…
Financial Operations
Outsourced Accounting for Startups: What’s Included and What It Costs
Most startup founders do not want to think about accounting until they have to. That moment usually comes the first…
Financial Operations
How Much Does a Fractional CFO Cost?
How much does a fractional CFO cost? Founders ask the question in one of two contexts: they are about to…
Financial Operations
How to Calculate Burn Rate (and What’s a Healthy Rate by Stage)
Cash is the only metric that can quietly kill a startup overnight. You can have a strong product, a growing…
Accounting & Finance
What Each Finance Function Should Be Doing for You
From Bookkeeping to FP&A: What Each Finance Function Should Be Doing for You When founders talk about “handling finance,” they…
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