Mazzone Named CFO of Year

Brief Spring 2013

Matt MazzoneThis fall, The Business Review named Matt Mazzone, Chief Financial Officer of Mazzone Hospitality, CFO of the Year in the medium private company category.

Though Mazzone grew up with the family business, he wasn’t fully involved until he started his UAlbany MBA. He said, “I saw the potential of the company and how it could grow. The MBA reinvigorated my passion for the business and helped me determine its direction.”

Mazzone Hospitality has grown under his guidance, now managing fourteen properties including the historic Glen Sanders Mansion and Angelo’s 677 Prime, and operating business dining for Global Foundries, Golub Corporation, AYCO and Schenectady International, among others. Food Management magazine named Prime Business Dining, the business dining division of Mazzone Hospitality, as one of “5 Management Companies to Watch” in the nation. An innovative idea for a temporary dining concept to feed Global Foundries’ 2,000 construction workers earned the company an honorable mention by Food Management. According to the Business Review, Mazzone Hospitality’s catering revenue is nearly $13 million.

What’s the best part about being named CFO of the Year? For Mazzone, it’s the fact that his colleagues nominated him. He said, “It’s good to be noticed and appreciated for the job you do, and the positive way your contribution affects others.”

Mazzone previously worked as a financial advisor for Keybank.

Last year, Tyrone Reid ’00, School of Business Director of Finance & Administration, was named nonprofit CFO of the year, and Ian Ellis-Jones ’12, then a student in the Financial Analyst Honors Program, received the award for “Future Financial Executive.” Upon graduation, Ellis took a position in the investment banking division at Goldman Sachs.