Jack Sweeney

3 weeks ago | cfothoughtleader.com | Jack Sweeney

Facing rapid premium growth and capital constraints in 2024, Andrea Hecht led CSAA to issue a $500M surplus note—a strategic move that preserved momentum without compromising stability. Acting from a position of strength, the finance team avoided slowing growth and secured capital to support expansion beyond $7.6B in premium. Andrea Hecht shared how CSAA Insurance’s member-owned model reshapes financial priorities and decision-making.

3 weeks ago | cfothoughtleader.com | Jack Sweeney

When Andrea Hecht walks into a finance meeting, she’s not preparing for earnings calls or shareholder Q&A. Instead, her focus is inward—on aligning every financial decision with a mission that begins and ends with AAA members. CSAA Insurance Group, where Hecht serves as CFO, operates in 23 states and the District of Columbia. It’s not publicly traded. “We’re technically owned by our policyholders,” Hecht tells us, noting that CSAA distributes almost exclusively through AAA clubs to AAA members.

4 weeks ago | cfothoughtleader.com | Jack Sweeney

Amid 2020’s Covid uncertainty, Tom Egan drew on his Lehman‑era lesson that contracts follow relationships. He immediately called Hometap’s two banks, shared worst‑case projections and asked for covenant flexibility. The transparency earned rapid waivers, safeguarded liquidity and proved that trust, not paperwork, is the true collateral when markets fracture. Since arriving six months ago, Hometap CFO Tom Egan has focused on steering the home‑equity pioneer from start‑up mode to scalable platform.

1 month ago | cfothoughtleader.com | Jack Sweeney

When Tom Egan walks a homeowner through the math—“If your house is worth a million dollars and you owe five hundred thousand,” he says—the traditional options surface quickly: load the balance sheet with a costly home‑equity loan or sell and hope you can find somewhere new to live. That binary choice, he explains, is exactly what Hometap set out to upend.

1 month ago | cfothoughtleader.com | Jack Sweeney

Sensing 2021’s frothy market, Gold ran a dual track—pursuing fresh capital while quietly courting strategic buyers. Years of relationship‑building and rigorous records paid off when Vista Equity acquired Salesloft, delivering liquidity without ceding control and validating his mantra that finance should anticipate peaks and “make the news.”In our conversation, Fullstory CFO Chad Gold traces a playbook forged during Salesloft’s billion‑dollar rise and Vista exit.