Donnelly Mechanical Corp. names DiPrisco CFO

According to Donnelly Mechanical Corp. (Donnelly Mechanical), Joseph DiPrisco has joined the firm as chief financial officer. In this capacity, he will lead the accounting and finance function for one of New York City's premier mechanical contracting companies. DiPrisco is a CPA and will manage all aspects of accounting operations and financial reporting, including budgeting, forecasting, management reporting, cash management and insurance. He will also be responsible for managing the human resources and information technology functions of the business, and will work with Donnelly's executive management team on all strategic and operational issues as well as special projects. Prior to this role, DiPrisco was a managing director at Bank of America where he was responsible for its NYSE market making unit. He served as chief executive and chief financial officer of Banc of America Specialist, a registered broker/dealer and designated market maker at the New York Stock Exchange. The firm made markets in more than 500 NYSE listed securities including 9 components of the Dow Jones Industrial Average and 80 S&P 500 companies. The business unit had 250 employees, $325 million in annual revenues and $800 million in total assets at its peak. According to Dan Donnelly, Chief Executive Officer, "We are excited to welcome Joe to our leadership team at Donnelly. The financial and accounting department is at the core of our business and we look forward to Joe's leadership as we guide the company through the next stage of our growth."