QSAC CFO, Paul Naranjo, To Retire After More Than 20-Years Of Service, Non-Profit Finance Executive Doug Axenfield To Assume RoleApril 6, 2016 10:00 am Published by Joseph Amodeo
New York, N.Y. – QSAC’s CFO of more than 20-years, Paul Naranjo, will retire in late September 2016. After an extensive search, Douglas “Doug” Axenfeld will assume the role of CFO after Mr. Naranjo’s retirement.
Over the last two decades, Mr. Naranjo has helped oversee the significant growth that QSAC has undergone throughout New York City and Long Island. When Paul joined the agency in the 1990s, it had an annual budget of a little over $389,000; today, QSAC’s annual budget is more than $70 million. In recognition for his years of service to the organization, and the autism community, Mr. Naranjo will be honored at QSAC’s annual gala on Tuesday, June 14, 2016 at The Lighthouse at Chelsea Piers in Manhattan (additional details available online at www.qsac.com/gala).
Regarding Paul’s tenure, Gary Maffei, QSAC’s CEO said, “For 20-years, Paul has been an integral member of QSAC’s management team. He has served as a mentor to many of our employees, a friend, and has left an indelible mark on this organization. I know that Paul and his family will continue to be involved with QSAC. We wish him the very best in retirement and thank him for his many years of service. His work and tireless commitment have truly touched the lives of the families we support.”
Doug Axenfeld, an executive with more than two decades of finance experience, will join QSAC as its new CFO. In order to ensure a smooth transition, Mr. Axenfeld will join QSAC in April 2016 and will assume full responsibility for the role upon Paul’s retirement in late September. Mr. Axenfeld joins QSAC after his tenure at FEDCAP Rehabilitation Services where he served as Director of Financial Operations having previously served as Director of Financial Operations for nearly 10-years at YAI. Earlier in his career, Doug served as QSAC’s Controller. He is a graduate of the State University of New York at Buffalo where he received a Bachelor of Science in Economics.
“Drawing on more than 20-years of experience in nonprofit finance, Doug poses significant knowledge regarding state and local funding agencies. We look forward to having Doug join us as our new CFO. We’re confident that he’ll provide the fiscal leadership needed as we continue to grow to meet the needs of the autism community,” said Gary Maffei.
QSAC is a New York City and Long Island based nonprofit that supports children and adults with autism, together with their families, in achieving greater independence, realizing their future potential, and contributing to their communities in a meaningful way by offering person-centered services. QSAC pursues this mission through direct services that provide a supportive and individualized setting for children and adults with autism to improve their communication, socialization, academic, and functional skills. Learn more about QSAC online at www.QSAC.com.