CFO / Chief Financial Officer
Cher Leann Luisi
Cher Leann Luisi brings more than 20 years of experience to her role as CFO of Paolino Development NY Inc., recognized for her expertise in accounting, finance, and auditing, along with mergers & acquisitions. She played a pivotal role in the company’s real estate portfolio expansion into the ultra luxurious Hamptons, New York market comprising more than 15 properties including 1400 Meadow Lane in Southampton, which was listed at more than $53M.
But it was back in 2003 as Controller for Mace Security International (Nasdaq: MACE) where she began collaborating with Mr. Paolino, who worked as the company’s CEO. During this time, she worked alongside Mr. Paolino as he grew the company revenue from $2.5M to more than $60M annually, leading to her promotion into the role of Corporate Development Manager/Mergers & Acquisitions.
Earlier in her career, she was an Audit Associate at Grant Thornton, an international auditing firm, where she focused on government-owned entities and non-profit organizations. She also worked as a Senior Corporate Accountant at IVAX Pharmaceuticals, where she consolidated monthly and quarterly financials for several global subsidiaries while marking-to-market the value of foreign exchange currency options contracts. Mrs. Luisi launched her career as a Junior Accountant at Raytheon, a Fortune 500 Company, and was promoted by the CFO after just six months to lead the entire accounting department for two subsidiaries.
She holds a Bachelor of Accounting with a minor in International Finance from Florida International University. She also holds a Bachelor of Science in Business Administration from the University of South Florida. Beginning in 2002, she spent 10 years volunteering as a Child Mentor for Big Brothers Big Sisters of Greater Miami. Committed to philanthropy, she’s further served as a Project Coordinator at the Chapman Partnership for the Homeless through the United Way’s HandsOn Miami division. She supports the Arts & Sciences as a Curator’s Circle Member for the University of Miami’s Lowe Art Museum, and as donor to both the Perez Contemporary Art Museum and Frost Science Museum.