Michael Killoran Promoted to CFO of Arpin GroupJanuary 20, 2015
Michael Killoran has been promoted to the position of chief financial officer of Arpin Group, replacing Edward Braks who has retired after 20 years of service.
“Edward was both a leader and key advisor during the growth and development of our company over the past 20 years; we are grateful for his loyal service,” said David Arpin, president and CEO of Arpin Group. “We are also very pleased to promote Michael Killoran to the position of CFO. Through his hard work and outstanding performance as controller over the years, Michael has distinguished himself as a very talented and capable replacement.”
In his new position, Killoran is responsible for all accounting, financial and tax-related matters for Arpin Group, its affiliates and subsidiaries. He has also been appointed to the Arpin Group management committee.
Killoran joined Arpin Van Lines as controller in 1983. In 2008, when the accounting functions for Arpin Van Lines and Arpin International Group were consolidated under Arpin Group, he was promoted to controller of the combined entity.
As a supporter and advocate for the Cystic Fibrosis Foundation, Killoran has donated time, talent and money to the organization, serving on the board of the RI chapter for 13 years. During five of those years, he also was the chapter president. He continued as co-chairman of the board overseeing charity golf tournaments for the Cystic Fibrosis Foundation and spent 12 years as co-chairman of the golf tournament committee to benefit the Home & Hospice Care of Rhode Island. In addition, Killoran serves as treasurer and board member of the Arpin Charitable Fund, Inc.
Killoran holds a Bachelor of Science degree in accounting from Providence College. He currently resides in Warwick, R.I.
Outgoing CFO Edward Braks played a major role in many of the company’s significant developments, including the formation of Arpin Group and the related reorganization of Arpin Van Lines, Arpin International Group and Arpin Associates.
In addition, Braks developed the company’s financial reporting, financial planning and cash management systems. He championed the sale of Arpin Group stock to agents as well as grants and options of Arpin Group stock to key employees. As chairman of Arpin’s management committee for 19 years, he had significant involvement in various initiatives including the current system for rating and ranking agents.
Braks will continue to support the interests of the Arpin Group as a consultant and as a member of its board of directors.