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  • Arizona Contractor & Community

McCarthy Building Companies Promotes Kristine Newman to Senior Vice President, Finance

McCarthy Building Companies Inc. ( recently promoted Kristine Newman to senior vice president, finance with McCarthy Holdings Inc. She is responsible for creating strategies to deploy and diversify capital for the benefit of the employee-owners of the national builder.

In her new role, Newman reports directly to McCarthy Holdings Inc. Chief Financial Officer Doug Audiffred. She is a Certified Public Accountant (CPA) and holds the Certified Construction Industry Financial Professional designation.

Newman joined McCarthy almost 14 years ago and previously served as vice president of finance and controller for the builder’s Southwest region. She began her career with Arthur Andersen LLP, working on audit and consulting engagements in the firm's Chicago and Phoenix offices, prior to joining McCarthy.

“I am thrilled that Kris is stepping into this new national role on behalf of our employee owners,” commented Audiffred. “She has done great work in McCarthy’s Southwest region and is well-positioned to lead this focus area for our company.”

Newman earned her bachelor’s degree in accounting from Purdue University. She is a past president and current member of the Valley of the Sun Chapter of the Construction Financial Management Association, and she serves as president of the board of directors for UMOM New Day Centers in Phoenix.

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