Company: About vcfo

As trusted advisors to the CEO and management team, vcfo relies on a unique platform, industry best practices and proven methodologies to help solve the most complex operational business issues. When you work with vcfo, your business receives more than the knowledge of one professional — you harness the expertise of the entire vcfo team. vcfo has supported more than 2,000 clients nationwide with 

virtual CFO services, outsourced HR solutions, and tech, IT and finance placement.

We have offices in Austin, Dallas, Denver, Houston and Seattle. vcfo – making companies stronger. Learn More

Our Core Values

vcfo has evolved substantially since our inception, but we continue to embrace the same values we did when we first opened our doors. We hold each vcfo professional accountable for demonstrating these core values with every engagement and in delivering on the promise of our value to you. Read More

Corporate Philanthropy

vcfo has always believed giving back to our community is a priority. Many of our team members contribute their time and expertise, serving on committees and boards in our respective communities. We support several organizations with regular financial support throughout the year as well, such as Austin Children’s Shelter, The Miracle Foundation, Boy Scouts of America and the Companion Connection. Read More

With over a century of hands-on experience in finance, human resources and recruiting, vcfo's executive team understands the needs of companies large and small and is committed to addressing clients' needs at every stage of development and growth.

Ellen Wood


Ellen co-founded vcfo in Austin, TX in 1996 and serves as its CEO. Under Ellen's leadership, the company has opened offices in Dallas, Denver, Houston, Seattle and Colorado Springs. She has expanded the solution offering to a full suite of services, including finance, recruiting and human resources. In addition to her corporate responsibilities, Ellen enjoyed a dual role at vcfo in the early years with field responsibilities as a Consulting CFO for clients such as Motive, Agere, Digital Motorworks, Ventix and Troux.

Prior to founding vcfo, Ellen served as Executive Vice President and CFO at Capital Network System, Inc., a privately held international telecommunications company and one of the first internet players. Earlier in her career, she co-founded a telecommunications business and served as the Senior Financial Officer for two residential home builders: Hometown Builders and Block Watne Texas, Inc.

An active member of the Austin community, Ellen serves as a member of the Board of University Federal Credit Union, as a member of the Executive Board and past Treasurer of the Boy Scouts Capital Area Council, Board member and Treasurer for The Entrepreneurs Foundation, a member of the Audit Committee for Seton Hospital, as a Board member of Seton Health Plan Board and as a member of the AARO Board. She is a past two-term Board member of the Greater Austin Chamber of Commerce and past Vice Chair of Finance. She previously served as a Board member, Austin Chapter President and Statewide President of Technology Entrepreneurs Foundation (TeXchange) and is the past Chair of the Chamber Human Capital Committee.

Ellen graduated from the University of Texas with a BBA in Accounting and Finance.

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Darrell Tesmer

Chief Compliance Officer and Executive Vice President

Darrell joined vcfo in 1997 and serves as Chief Compliance Officer and Executive Vice President. He is also a member of vcfo’s Board of Directors and previously served both as VP of Finance and Administration and as a Consulting CFO.

Presently, Darrell is responsible for new corporate opportunities and strategic partnerships; management and negotiation of company contracts and agreements; corporate financial planning and reporting; cash, investment and treasury management; tax planning, administration and compliance; and corporate IT and Human Resources.

Darrell  is a member of vcfo’s Board of Directors and previously served as VP of Finance and Administration and as a Consulting CFO to a wide variety of vcfo clients, including those in the following industries and sectors: software, computer and device hardware, CAPCO, biotechnology, not-for profit entities such as family foundations, private schools and community foundations, fabless semi-conductor and technology and life science licensing businesses. Darrell also serves as Fund Manager for vcfo’s private equity fund and has consulted with several vcfo venture capital clients.

As a function of his COO duties, Darrell designed the company’s current back-office data processing and reporting systems. He is the system administrator of the company’s ERP systems and manager of the company’s intranet and employee portal technology. Darrell is an expert Excel user and has designed for clients numerous multi-period and multi-dimensional financial models, many successfully used to raise capital.

Prior to vcfo, Darrell was the Finance Manager of Amnex, Inc. where he assisted in the integration and transition of an acquired company, Capital Network System, Inc. Earlier in his career, Darrell was a Financial Analyst and Staff Accountant for The Clorox Company in Oakland, California.

Darrell received a BBA Degree in Finance and Honors Business and an MBA from the University of Texas at Austin. He currently serves as Texas State Treasurer of TeXchange and is a member of the Central Texas Regional Center for Innovation & Commercialization (RCIC).

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Mike Wilfley

Chief Operating Officer

Mike Wilfley joined vcfo in 2012 and serves as the Chief Operating Officer and a Consulting CFO for clients nationwide. Mike has more than 25 years of proven executive success and experience building strong teams to execute complex strategic and operational plans in a variety of fast-paced industries.

Mike has worked with executives and managed teams in a multitude of environments, including rapid growth, M&A and turnaround. He has extensive experience with evaluating capital structure alternatives to transition companies. Through helping officers develop success-based variable compensation structures, his clients have experienced an increase in employee retention. Working closely with outside partners, he has developed strong relationships with professionals, such as attorneys, accountants and risk managers, who help support executive teams across all industries.

Prior to joining vcfo, Mike held CFO positions with Durcon Incorporated, Dorsan Biofuels, Inc., Grande Communications/Thrifty Call and Littlefield Real Estate Company, among others.

Mike received his BBA in Accounting degree from the University of Texas in Austin. He is a CPA and CGMA.

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Liz Hocker

Managing Director, vhr

Liz joined vcfo in 2006 and is responsible for overseeing the business development, planning and daily operations of vcfo’s HR Consulting Practice. She brings more than 17 years of experience in Operations and Human Resource Management with experience positively impacting companies to achieve better bottom line results via streamlined processes, workforce alignment, talent acquisition, compliance and organizational change.

Throughout her career, Liz has had the opportunity to work with over 50 companies in such industries as software, manufacturing, internet, telecommunications, construction, transportation, energy, financial services, public relations, life sciences and hospitality.

Prior to joining vcfo, Liz was with Green Mountain Energy Company, JP Morgan Chase and Arthur Andersen LLP. She has worked with companies ranging in size from start-ups to large international organizations and has worked in offices throughout Asia, North America and Europe.

Liz received her BA in Organizational Communication from St. Edward's University. She served as the 2006 Vice President of Diversity and as an Executive Committee member for the Austin Human Resources Management Association (AHRMA). She is also an active member of the Society for Human Resource Management (SHRM) and has been a volunteer for the Oak Hill Youth Sports Association since 2006.

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Craig Jackson

Managing Director, vrecruiting

Craig is the Managing Director of vrecruiting and is responsible for expanding recruiting solutions nationally, giving operational and strategic direction and providing client support and guidance.

Craig has over 17 years of experience in delivering recruiting solutions for multiple fields, including accounting and finance, information technology and engineering.  He is a hands-on leader with experience and expertise in building and managing strategic partnerships with team members and external customers alike and brings with him comprehensive experience in compensation planning including competitive market analysis, bonus and incentive planning and employee salary negotiations.

Prior to joining vrecruiting, Craig was involved in the development and growth of both publicly traded and privately held recruiting and staffing firms.  He has worked with client companies of all sizes – from start-ups to Fortune 100 companies. He uses a consultative approach that allows clients to meet their objectives and accomplish these objectives within budgetary guidelines.

Craig received a Bachelor of Business Administration Degree in Management from Texas Tech University.

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Francoise Mattice

Executive Vice President, Dallas

Francoise joined vcfo in 2013 as an Executive Vice President. Based in Dallas, she provides strategic leadership and senior-level support to vcfo clients in all regions. She also manages vtalent, the Executive Placement practice of vcfo. Francoise has more than 30 years of experience and has served in various C-level positions throughout her career.

Francoise is a senior finance and operations executive with extensive international experience, delivering strategic guidance and operational direction to public and private companies in various stages of development. Most recently, she served as the COO/CFO for Johnson Products Company, a private equity-owned consumer products company. Earlier in her career, she held senior and C-level positions with Cacique Companies, Sigue Corporation, The OZ Entertainment Company, Sylvan Learning Systems, Inc., Edison International, The Walt Disney Company, Allergan, Inc., LVMH/Louis Vuitton-Moet-Hennessy-Dior in Paris, France, and KPMG in Paris and Africa.

Francoise received her BA and MBA degrees from the ESC in Lyon, France, and her CPA in Paris, France. She is fluent in French, Spanish and German.

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Carter Freeman

Managing Director, Denver and Colorado Springs

Carter joined vcfo as a Consulting CFO in 2005 and today serves as Managing Director for our Denver and Colorado Springs offices. With a demonstrated ability to embrace new situations, establish trust and develop a workable game plan, Carter is able to effectively navigate through those challenges leading to marked results. He possesses a keen ability to assess a set of circumstances and “cut to the chase.”

An accomplished professional with over 25 years of senior-level financial and accounting experience, Carter’s capabilities encompass negotiating ownership transition, leading and supporting capital raising efforts totaling over $100 million, participating in multiple acquisitions from both the buy- and sell-side, in addition to merging operations as acquirer and acquiree. Carter is also adept at establishing financial and operational accounting systems, managing finance and customer service personnel and leading technological conversions, such as computer software.

Having served as CFO, VP of Finance, Controller and Treasurer in his career, Carter has experience with venture capital-backed start-ups, internet-related firms, distribution and manufacturing and publicly traded multi-bank holding companies. Prior to vcfo, Carter held finance and accounting positions with Brain Matters, Bid4Vacations, Powerworx Online, TEC Direct and Integration Alliance Corporation. He began his career in public accounting with Coopers & Lybrand, a predecessor firm to PricewaterhouseCoopers.

Carter has a BS in Accounting from Montana State University and an MBA in Finance from the University of Colorado.

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Josh Tabin

Managing Director, Houston

Josh is the Managing Director for vcfo Houston. He joined the team in 2013 as Technology Practice Manager and supports clients company-wide. With more than 22 years of diverse business experience, Josh brings C-level operational and financial executive leadership to vcfo clients. His strategic perspective on developing business that relates long-term vision to short-term execution has equipped him to ensure that strategic vision becomes a business reality.

Josh has a proven track record as a catalyst for operational change - both in the context of turning around a stagnant business as well as taking a thriving enterprise to the next level, which has prepared him to help clients consistently face tough business realities and create actionable roadmaps to profitably grow their companies. Josh is accustomed and committed to building collaboration across functions and stakeholders with often competing interests, making him a valuable member of your leadership team as he works with you to grow your business to the next level.

Prior to joining vcfo, Josh was the Chief Operating Officer at FullQuota; founded and served as the President of Mosaic CFO; was the Chief Financial Officer at RigNet, Inc.; and served as the VP-Finance/Treasurer for Rackspace. Josh has held several other key positions throughout his career, including Chief Financial Officer at Cutstone Ventures, Associate Director of Corporate Financial Planning at SBC Communications Inc. and Regional Manager of Strategic Operations at SBC Wireless. He is the Co-Founder of Startup Houston, a speaker, panelist and continuing advisor to several startups.

Josh holds an MBA in Finance from the University of Texas at San Antonio,  and a BBA in Accounting from the University of Miami.

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Mike Mackey

Market Manager, Houston

Mike joined vcfo in 2009 and serves as Market Manager for our Houston operations, providing clients CFO-level support and guidance. He has diverse industry experience that includes, but is not limited to, computer software, software as a service, oil and gas, manufacturing, business process outsourcing, e-commerce (B2B and B2C), consulting and bio-technology.

Mike is known for his proven C-level executive skills effectively impacting companies’ growth potential. Through strategy analysis, business modeling and the establishment of appropriate operational, financial and administrative processes, Mike has successfully worked alongside company executives to realize their short- and long-term goals. Whether it is preparing to raise additional resources through debt, public and venture capital financing, positioning a company for successful liquidity, or fulfilling organizational needs within company objectives, Mike has the knowledge, experience and resources to help a company meet their requirements.

While with vcfo, Mike has assisted numerous clients at both the strategic and operational level, including an international medical device company experiencing rapid growth, a transportation company that needed to upgrade their financial infrastructure in terms of technology and processes and an oil and gas company preparing for public sale on the London exchange. Additionally, Mike executed strategic methods for a software company in preparation for its impending growth and guided a US-based start-up subsidiary of a multi-billion dollar European construction company with a sales pipeline exceeding $300 million.

Prior to joining vcfo, Mike held various C-level positions in companies with very successful funding and/or liquidity events such as Founder and Principal with Ascent Synergy Solutions, President, COO and Founder of Empyrean Benefit Solutions, CFO and EVP Finance and Administration for Synhrgy HR Technologies, CFO and EVP of Administration of both FastWEB and DA Consulting Group.

Mike has a Bachelor’s degree in Accounting from the University of Florida and a Masters in Accounting and MBA from the University of Central Florida.

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John Brenneman

Technology Practice Manager, Seattle

John is the Technology Practice Manager. He joined vcfo in 2013 as the Practice Manager and a Consulting CFO for vcfo Seattle. He is a regionally known and highly experienced executive with proven expertise, providing financial consulting and interim management services. His proven track record includes working with start-ups, and leading growth and turnarounds for large and small businesses.

Prior to joining vcfo, John has held leadership positions as VP of Business Operations, VP of Finance, CFO and Director of Finance at Companies ranging in size from start up to $50M in revenues.  He has held positions at Limelight Networks, Delve Networks, Mpire Corporation, Tessera, Vidiator Technology, Lizardtech, Ostex International, Baxter Healthcare, Bartels Diagnostics and Paramax Systems. He also has significant experience consulting for various organizations.

His expertise include licensing and new business development, creating process for efficient growth and positive ROI, private and public capital raising, corporate purchase and sale transactions, managing Angel-funded Series B financing, participiating in acquisitions from the buy and sell sides, financial reporting to Board members and investors, identifying inadequate business processes and designing process improvements, preparing business plans and investor presentations to raise capital from banks and venture capital sources, pitching asset sale opportunities to strategic competitors, establishing financial and operational accounting systems, and leading technological conversions, such as computer software.

John received his B.S. and B.A in Accounting from California State University and an M.B.A. in Finance from Seattle University.

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We are fortunate to have the following members of our advisory board.

Tommy Deavenport

Founder & SVP/Regional Manager, Square 1 Financial

Tommy co-founded vcfo with Ellen Wood in 1996 and currently serves as Square 1 Financial’s Regional Manager for the state of Texas, as well as the Midwest area. He was former Vice President of Finance and Operations for the Austin Ventures Accelerator Program and a Senior Vice President and Regional Manager of Imperial Bank's Emerging Growth Division. He was also a consultant with several companies in their earliest stages, including Vignette,, SMART Technologies, Zilliant and MessageOne.

Tommy serves on the Board of Directors for Breakthrough Austin and as a Finance Committee Advisor for Girlstart. He obtained his BBA in Accounting from Texas State University and is a Certified Public Accountant.

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Laura Kilcrease

Managing Director, Triton Ventures, LLC

Laura is the Founder and Managing Director of Triton Ventures, LLC, a venture capital fund investing in spinout and early-stage technology companies. With more than 25 years of hands-on experience in commercializing technology, Laura has a deep understanding of how to cultivate new opportunities to “grow businesses around businesses”, as well as how to deconstruct and reconstruct business models to achieve significant results.

As one of the key participants in changing the economic landscape of Central Texas into the high tech environment, Laura served as Executive Director of The University of Texas IC2 Institute’s Center for Commercialization and Enterprise. C2E developed commercialization strategies for universities, government laboratories and research consortia and R&D departments of major corporations.

An active member of the community, Laura has given her time and expertise to a number of nonprofit boards, including the Women’s Leadership Advisory Board of Harvard University’s Kennedy School of Government, the Beyster Institute, World Congress for Information Technology 2006 and the IC² Institute at The University of Texas at Austin, among many others.

Laura has often been recognized for her outstanding achievements and has received numerous honors and awards, including the Ernst & Young Entrepreneur of the Year Award, the Austin Business Journal’s Profiles in Power Award, and UT’s McCombs School of Business Women in Business Leadership Conference Trailblazer Award.

Born in London, Laura received her certification as a Chartered Management Accountant in the UK and an MBA from The University of Texas at Austin.

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Scott Killingsworth

CFO and VP of Corporate Development, Somnio Solutions

At Somnio Solutions, Scott is responsible for all financial functions, as well as guiding the organization as they expand into new markets and product offerings. Prior to joining Somnio, Scott worked for vcfo for eleven years, first as a CFO and later as its COO, where he had a variety of operational responsibilities, including IT operations, oversight of the Dallas and Houston markets, and the development of expansion markets.

Prior to joining vcfo, Scott was the CFO and VP of Operations for MYTECH Corporation, where he was responsible for accounting and finance, IT operations and the evaluation of business plans and acquisition proposals. Earlier in his career, Scott founded Balcones Technologies and worked as a Controller at High End Systems in Austin, Texas.

Scott received a Bachelor of Business Administration degree in Accounting from Stephen F. Austin State University. He is active in the Town & Country Optimists Club and is a YMCA volunteer.

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Greg Garrison

Staffing Leader, Google, Inc.

Greg leads engineering recruiting/sourcing efforts at Google’s headquarters in Mountain View, CA as well as Chicago and Austin. Prior to Google, Greg founded and served as CEO of Start-up Staffing, Inc., a company that was acquired and rebranded as vrecruiting by vcfo in 2007. In his role as President of vrecruiting, Greg was charged with reengineering internal recruiting as well as the integration and national expansion of recruiting services.

Prior to vrecruiting, Greg served as the SVP of Sales for TEN, selling recruiting services to such companies as Dun and Bradstreet, PepsiCo, Charles Schwab and Amazon. Earlier in his career, Greg recruited for Dell, AMD and a variety of technology start-ups.

Active in the Silicon Valley tech community, Greg has 17 years of experience in recruiting, outsourcing and offshoring. Greg received a B.S. in Corporate Communications from The University of Texas at Austin.

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Louise Tieman

Previous Practice Manager, Seattle

Louise joined vcfo in 2011 and was the Bankruptcy Practice Manager and a Consulting CFO for vcfo Seattle. She is a regionally known and highly experienced executive with proven expertise, providing financial consulting and interim management services to small- and mid-sized companies experiencing growth, in addition to working with organizations in restructuring and bankruptcy protection.

With over 25 years of senior-level financial and operational experience, Louise consulted for companies in the biotech, high-tech, distribution, manufacturing, construction, retail, agriculture, financial services and not-for-profit sectors. Louise has had leadership roles in the position of CEO, COO, CFO and Financial Advisor at organizations ranging in size from start-up to $50M revenue. She has expertise in identifying inadequate business processes and designing process improvements; preparing business plans and investor presentations to raise capital from banks and venture capital sources; pitching asset sale opportunities to strategic competitors or other identified prospects; preparing Chapter 11 filings, claims schedules and administering distributions to creditors; analyzing and renegotiating vendor, customer and labor contracts; asserting or defending against preference claims with proprietary modeling tool; and preparing financial statements/reports of public and private companies under the jurisdiction and supervision of the Bankruptcy Court.

Louise received her Certificate of Accounting from the University of Washington and her MBA in Finance from the Monterey Institute of International Studies.

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Tim Dahltorp

Chief Operating Officer, ECSTeam

Tim is COO of ECSTeam, a company that provides technology solutions to clients in the areas of custom software development, application architecture, workflow and process improvement, application integration and PMO services. Tim has over 19 years of operational and financial management experience as CEO or CFO of both public and private firms, ranging in size from $5 million to over $750 million in annual revenue.

Prior to joining ECSTeam, Tim served as Executive Vice President at vcfo. In this role, he was responsible for the overall operations of the Western region offices of Denver, Dallas, Seattle and Colorado Springs: building the team, providing client support and guidance and refining and extending the vcfo brand. Based in Denver, he also served as Managing Director of the Colorado offices.

Tim’s direct industry experience includes financial services, biotechnology, transportation, commercial real estate and entertainment. Tim also has extensive mergers and acquisitions experience, having led 25 purchase or sale transactions, as well as a broad capital markets background, raising over $1 billion in various debt and equity financings. Early in his career, he was a commercial lender for 10 years, providing financing for middle-market firms.

Tim has a BS in Finance from Drake University and an MBA from DePaul University.

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Bob Bintliff

Bob joined vcfo in in August 2011 and was Managing Director for the north Texas practice. He is a seasoned operating and financial executive and consultant whose experience ranges from Big-4 audit partner to public company CFO to consulting practice leader. He has served clients across diverse industries, including energy and utilities, financial services, healthcare, manufacturing, high tech, distribution and consumer and business services.

As a 5th generation Texan, Bob has spent his entire business career in Texas and has a deep understanding of the Dallas/Fort Worth and north Texas business community. Our clients benefit from his strong leadership and expertise, as well as his extensive network within the professional community. He is currently a member of Financial Executives International, The Association for Corporate Growth, Texas Society of CPAs and Rotary Club.

Bob holds a BBA in Accounting from Texas Christian University, where he was a National Merit Scholar and is an alumnus of the Sigma Chi fraternity. Bob is a CPA and has authored seminar materials and conducted speaking engagements for several professional associations and organizations.

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Over the years, we have worked with many service providers to support our clients. Because we pride ourselves on operating independently, our partner relationships are not exclusive, and we maintain a ‘no-fee referral’ policy. If you would like to partner with us, please contact Katie Brown at or the vcfo office nearest you.