New Senior Executives Join vcfo

vcfo announces additions of senior executives Scott Schaefer and Mike Wilfley

vcfo, a leading professional services firm providing companies with financial, recruiting and human resource solutions, announced that Scott Schaefer and Mike Wilfley have joined the firm and will be offering strategic leadership and support to vcfo clients across the Company. Mr. Schaefer and Mr. Wilfley are working from the Company headquarters located in Austin, TX.

Mr. Schaefer has a strong operational background to complement his financial expertise. He has held numerous roles where he impacted business growth and maximized cash flow through strategic financial management, cost controls, internal controls and efficiency improvements. As the CFO of a development stage commodity company, he led the effort to raise over $200M in project finance debt. Most recently, Mr. Schaefer served as CFO for RenewData Corporation, a private equity owned provider of professional services and software for the legal industry.

Mr. Wilfley brings proven success and experience building strong teams to execute complex strategic and operational plans in a variety of fast-paced environments. Working with both public and private companies, he has raised over $500M in equity and $190M in public debt. Prior to joining vcfo, Mr. Wilfley held CFO positions with Durcon Incorporated, Dorsan Biofuels, Inc., Grande Communications/Thrifty Call and Littlefield Real Estate Company, among others.

“We are pleased to add this extraordinary talent to our team. As veteran executives, they each have over 25 years of experience working with companies in a wide variety of industries, market segments and company stages. Our clients will benefit from their strong leadership, expertise, extensive networks, and most of all from their years of practical operational experience addressing the types of issues our clients bring to us for assistance,” commented Ellen Wood, vcfo CEO.

About vcfo

Founded in 1996, vcfo’s original core offering was fractional or part-time CFO solutions. The company’s services have long since evolved to include an integrated suite of finance, HR, technology and recruiting support, including outsourcing and consulting solutions that improve operational performance and optimize productivity. For more information, please visit vcfo has served over 3,000 clients since 1996 with offices in Austin, Dallas, Denver, Houston and Seattle. For more information, please visit