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Sheldon M. Schenkler, CPA

Chief Financial Officer

Sheldon M. Schenkler is the Chief Financial Officer of Novations Group, Inc. In this role, Mr. Schenkler is responsible for all of the financial operations of the company as well as information technology and legal services. Prior to joining Novations in February 2006, Mr. Schenkler’s career as a financial executive included being the Chief Financial Officer for several public and private companies, with an emphasis on enhancing shareholder value, strategic planning and systems improvements.

Most recently, Mr. Schenkler spent five years as the Chief Financial Officer and Treasurer of ChildrenFirst Inc., a venture-backed private company and the country’s leading provider of corporate-sponsored backup child care. Mr. Schenkler was instrumental in leading the company to sustained profitability by implementing metrics-driven management techniques, efficiency improvements, and a proprietary real-time management information system. Mr. Schenkler became a proponent of the company’s Human Qualities Initiative and worked extensively with the sales organization to develop client ROI and productivity measurement tools. Mr. Schenkler then led the company’s successful sale to Bright Horizons. Mr. Schenkler also spent ten years as the Chief Financial Officer for Cambex Corporation, a public company that designed and developed computer memory, hardware and software. While at Cambex, Mr. Schenkler developed the company’s investor relations program and managed a four-fold increase in revenues and a ten-fold increase in shareholder value. The company was recognized by Business Week as one of the top technology growth companies in the United States.

Prior to Cambex, Mr. Schenkler spent nine years, the last six as Controller, with Instron Corporation, an international public company, which manufactures scientific material testing equipment. Mr. Schenkler began his career in Boston with the public accounting firm Arthur Andersen, where he earned his CPA certification.

Education/Certifications

  • Bachelor of Science degree from Syracuse University
  • Master's degree in Business Administration from Babson College
  • Member of the Financial Executives International and the American Society of CPAs

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