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Steve Armond is responsible for the development and execution of financial strategy, business planning and analysis, accounting and administrative functions for Data Return. He has full P&L and cash flow responsibility for the company and has led the company to more than three years of continued profitability. Prior to joining Data Return in April 2002, Armond served as founding executive of divine, Inc’s hosting division.
Armond led the growth of divine’s hosting division from technology startup to a $65 million profitable leader in the managed services industry. During his tenure, he led the acquisition and integration activities of three acquired entities and was responsible for the management of the division’s financial, strategic vendor and key alliance relationships. He has more than 15 years of leadership experience in financial management, planning and analysis, and corporate administration.
Prior to joining divine, Armond was a corporate executive with The Quaker Oats Company. During his tenure at Quaker Oats, he led strategic planning initiatives for the high growth segments of the business as well as cost improvement processes and various system implementations. He was responsible for the financial management of a $1 billion annual budget for the Gatorade brand and provided financial leadership on strategic sales and marketing initiatives with Quaker's largest accounts.
Armond earned his MBA in finance and economics from the University of Chicago Graduate School of Business and his bachelor’s degree in accounting from Purdue University. He also earned his CPA and is an active member of various accounting and financial institutions. | 