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CFO of the Year

Comstar Technologies’ CFO Octavio Diaz Named a CFO of the Year by the Philadelphia Business Journal

Exciting news out of Philadelphia! Comstar Technologies’ CFO, Octavio Diaz, has been named a CFO of the Year Honoree by the Philadelphia Business Journal. This prestigious award recognizes the top 18 Philadelphia-based CFOs for outstanding financial leadership not only over the past year but throughout their career.

Held annually, this award is designated to financial professionals in Greater Philadelphia for outstanding performance in their roles as corporate financial stewards. An independent panel of judges select winners based on their demonstrated commitment to fiscal integrity and accountability, strategic thinking, community involvement and financial management.

This recognition comes on the heels of a string of awards for Comstar, including: 

Under Diaz’s financial leadership, Comstar navigated pandemic-driven challenges while recording the highest profitability margins in the company’s 30-year history. Moreover, since joining Comstar just weeks before the onset of the pandemic, Diaz has accelerated the company’s growth trajectory by orchestrating the strategic acquisitions of Reyburn Consulting Group, a leading telecom advisory firm, and Comtel VoIP Inc., a Buffalo-based provider of hosted telephony solutions. 

While increasing profitability and steering successful acquisitions, Diaz also spearheaded the founding of Comstar’s Integrated Business Planning (IBP) cross-functional team to bridge the organization’s evolving functional units. Additionally, he was central in creating Comstar Cares, the organization’s philanthropic initiative that serves key charities across the community. 

 “I am honored to be a recipient of this most prestigious award. Working beside dedicated team members passionate about helping clients grow and operate more efficiently through innovative technology solutions has been a career highlight,” said Octavio Diaz, CFO of Comstar Technologies. “I look forward to our continued financial success as we move beyond this challenging year.”

A virtual celebration is being held on July 30 to honor Diaz and other CFO of the Year winners. For more details, click here. To read the full press release, click here.

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