IC System’s Kurt Heinbigner Receives CFO of the Year Award

ST. PAUL, Minn. -- Minneapolis/St. Paul Business Journal has named IC System’s CFO and Executive Vice President Kurt Heinbigner an outstanding financial executive in the Twin Cities.

Mr. Heinbigner was awarded as part of the large private company CFO category alongside two other recipients selected by Minneapolis/St. Paul Business Journal. More than 20 honorees in all have been selected from companies ranging from small businesses to government institutions to nonprofits.

The award was started in 2007 to highlight exceptional financial leaders. “CFOs are a crucial part of a company’s leadership team, but they often labor in relative obscurity outside their offices,” wrote Mark Reilly, Managing Editor on the Business Journal’s announcement.

Those awarded were recognized at a luncheon held at the Hyatt Regency Minneapolis on November 15, 2018. The honorees were also featured in a special publication from Business Journal. “It was a great event,” remarked Chris Morris, IC System’s Vice President, Healthcare Services, who attended the luncheon to support his colleague. “It was awesome to see Kurt recognized for his incredible contributions to IC System over the years.” Mr. Heinbigner has worked for IC System in the collection industry since 2000.

“Over the years, Kurt has changed my perception of what a CFO does,” said Joe Erickson, IC System’s Director of Human Resources. “Originally, my perception was that a CFO is primarily a numbers person. Kurt has taught me otherwise. As a CFO, he’s considerate and compassionate, and he uses large doses of common sense. He’s a great tactician and teacher. This award was not given to Kurt because he’s simply a good numbers guy; it was given to him because of everything else he does for IC System.”  

In his current role, Mr. Heinbigner oversees the accounting, financial planning, analytics, human resources, internal audit, marketing, procurement, and property management departments. Prior to joining IC System, Mr. Heinbigner was employed in senior management roles with a large national healthcare provider and a national consumer products manufacturer.

“I am extremely honored to receive this distinction,” said Mr. Heinbigner of the award. “I am also grateful to the Erickson family, the owners and operators of IC System, for giving me the opportunity over these last 18 years to play such an integral role in developing the business and culture of IC System. This is an extremely proud moment.”

About IC System

IC System is one of the largest receivables management companies in the United States. Celebrating its 80th year, IC System is a family-owned, privately held accounts receivable management firm in its third generation of family ownership. IC System provides customized debt recovery solutions for healthcare, dental, small business, government, utilities, and telecommunications industries on a nationwide scale. Follow IC System on Twitter at @icsystem or on Linkedin.

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