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LRES CFO Shifts to Chief Administrative Officer Position

LRES' [1] former CFO, Don Mask, has transitioned into the role chief administration officer (CAO) and chairman, according to a company announcement.

A veteran of LRES for more than a decade, Mask is now responsible for developing the company's short- and long-term strategic goals; overseeing human resources, marketing, client relations, and facilities departments; establishing board governance; and managing LRES' business investments.

"Don's proven success handling the financial planning for LRES makes him the ideal candidate for his new role of managing corporate investments and establishing strategic planning and business analytics across department lines," said LRES CEO Roger Beane.

Prior to coming to LRES, Mask held executive-level positions at several national companies providing services for universities, where he raised millions of dollars in equity, directed facility renovations, and led multi-year union contract negotiations, among other fundraising tasks.

Commenting on the transition, Mask said his 13-year tenure at LRES has been "highly rewarding," adding, "I look forward to the new opportunities ahead as it relates to both the overall future direction of the company and specifically to my new role of overseeing company departments and investments."