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Orion Innovation Appoints Cyrus Lam as Chief Financial Officer

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Orion Innovation Appoints Cyrus Lam as Chief Financial Officer

Orion Innovation Appoints Cyrus Lam as Chief Financial Officer

PR Newswire

Published on : Jul 23, 2024

Industry veteran brings more than 30 years of financial leadership experience to drive Orion’s next phase of growth.

Orion Innovation, a prominent company in product development and digital transformation services, has announced the appointment of Cyrus Lam as its new Chief Financial Officer (CFO). Lam will lead Orion's global finance organization, focusing on driving sustained growth and expansion.

New Appointment and Financial Strategy

  • Welcoming Cyrus Lam: Raj Patil, CEO of Orion, expressed enthusiasm about Lam joining the team, highlighting his deep knowledge of the technology sector and his ability to drive financial results.
  • Financial Leadership: Lam's appointment is seen as a key move to strengthen Orion's management team as the company enters its next growth phase, aiming to create lasting value for employees, customers, and stakeholders.

Cyrus Lam's Background

  • Previous Role at CDI LLC: Lam served as CFO at CDI LLC, a hybrid IT solutions provider, where he was instrumental in tripling revenue and achieving 400% earnings growth in four years. His efforts culminated in the successful sale of CDI to AHEAD.
  • KPMG Experience: Prior to CDI, Lam spent over 26 years at KPMG, eventually becoming Managing Director in the Technology Group of KPMG Corporate Finance LLC. There, he advised clients on capital raising deals and transactions, focusing on technology-enabled software and services businesses.

Responsibilities and Vision

  • Global Finance Leadership: As CFO, Lam will lead Orion's global finance organization, shaping its fiscal strategies to drive growth and expansion.
  • Driving Financial Excellence: Lam is excited to collaborate with Raj Patil and the team to ensure financial excellence, underpinning Orion's continued success and innovation in the digital space.

The appointment of Cyrus Lam as CFO marks a significant step for Orion Innovation as it looks to strengthen its financial strategies and drive sustained growth. Lam's extensive experience and proven track record in financial leadership are expected to contribute significantly to Orion's mission of delivering cutting-edge digital transformation solutions.