Ricardo, Inc. Continues Business Transformation, Names New CFO/U.S. Automotive

Ricardo, Inc. Continues Business Transformation, Names New CFO/U.S. Automotive
19 December 2019

Tom DaPolito Brings Global Financial Management Experience to Transportation and Industrial Engineering Firm’s U.S. Operations.

Tom DaPolito, who most recently led negotiations for the sale of payment technology company Fit Pay to Garmin International, has been named chief financial officer/U.S. automotivefor Ricardo, Inc., the U.S.-based subsidiary of global technology and sustainability consulting firm Ricardo plc. The announcement comes on the heels of automotive industry executive Marques McCammon becoming president of the subsidiary.

“Tom’s vast experience of working deftly with global financial organizations and handling complex business transactions will be a boon to Ricardo’s U.S. business as we move to reestablish market prominence in sustainable, innovative transportation and industrial solutions,” said McCammon.  “Tom’s analytical mind combined with team-building skills –honed in diverse industries ranging from video games to security software –will be indispensable for Ricardo, which is operating in industries that are facing waves of fundamental transformation.”

In addition to servingas CFO for Fit Pay, DaPolito was vice president, corporate controller for global software company Verimatrix, vice president of finance for video game distributor Take-Two Interactive, and director, financial reporting for online recruiting service Monster Worldwide.“The opportunity to work with an acclaimed, century-old company like Ricardo is a rare career opportunity,” says DaPolito, who is based in San Diego, Calif. “Marques’ vision for the future of the company is truly exciting and I am honored to be part of the leadership team responsible for executing his mission and achieving the company’s goals.”

Ricardo plc, based in the United Kingdom,is a global, multi-industry consultancy for engineering, technology, project innovation and strategy that is focused on providing quality engineering solutions on high efficiency, low emission, class-leading product innovation and robust strategic implementation. Ricardo, Inc. is the U.S. subsidiary of Ricardo plc. With more than a century of delivering excellence and value through technology, the client list includes some of the world's major transportation original equipment manufacturers, supply chain organizations, energy companies,financial institutions and governments. Ricardo is listed in the FTSE4Good Index, which identifies global companies that demonstrate strong environmental, social and governance (ESG) practices.