Peter Ritz

Westfield, IN CFO

39 Years of Experience

Pete is an energetic, broad-based financial professional with over 35 years of experience and a history of leadership and excellence. Pete has a passion for helping to bring a business owner's vision to reality with integrity and transparency. After beginning his career at Arthur Andersen in Chicago he went on to serve in a variety of management roles including CFO, Treasurer, Assistant Treasurer, Division Controller, Corporate Accounting Manger, and Audit Officer. These roles were in private and public companies that ranged in size from start-up to Fortune 500. His industry experience includes technology, personnel staffing, government, distribution, construction, consulting, long term care, engineering, banking and public accounting.

Some of Pete's key career accomplishments include:

  • Leading a client to a successful company sale at 8X EBITDA
  • Helping multiple clients secure bank financing.
  • Building new financial infrastructures in anticipation of future growth and/or outside investment.
  • As CFO, creating the financial infrastructure in a start-up company that helped the company grow ten times during his tenure. This included extensive interaction and reporting to an outside venture capital investor.
  • Leading a major accounting system transition.
  • Leading the negotiations for large bank loan syndications.
  • Coordinating two refunding bond issues with the Indianapolis Airport Authority. Both issues included the termination of interest rate swaps, extensive cash flow analysis, and presentations to bond rating agencies that maintained the A1/A ratings.
  • Creating and documenting policies and procedures for the financial oversight of the Indianapolis Airport Authority's private contractor.
  • Establishing complex centralized cash and debt management systems.
  • Managing a fixed income portfolio with returns that consistently beat its benchmark.
  • Bringing significant insurance savings to one of Indiana's largest private companies.
  • Serving on the investment committee for a $125 million investment portfolio. This included all oversight of outside managers plus the reporting and benchmarking of portfolio results.
  • Developing a comprehensive long-term multi-facility forecasting model for a publicly traded retirement center developer.

Pete received his undergraduate degree in economics from DePauw University. He went on to earn his MBA from Indiana University with an emphasis in accounting. He holds a CPA certificate (Inactive) from the State of Illinois and is a Certified Cash Manager. He and his wife Verlyn live in Westfield, Indiana. He has three grown step-children and six step-grandchildren. In his spare time Pete is involved in many activities at his church. He enjoys playing bass guitar as well as running. He also serves on the board and finance committees of a large local non-profit organization.

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About Peter Ritz

Personal Website:


Indiana University - MBA (Accounting emphasis) DePauw University - BA, Economics major

Certificates & Licenses:

CPA (Illinois - non-practicing) '80, CCM '90


Association of Financial Professionals of Indiana FENG - Financial Executives Networking Group

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