National Safety Council Chief Financial Officer Patrick Phelan named a 'CFO of the Year'

Phelan led NSC out of the Recession, increasing revenue and profits fivefold

​Itasca, IL - The National Safety Council is pleased to announce that Chief Financial Officer Patrick Phelan was named a "CFO of the Year" by the Daily Herald Business Ledger and its partners during a reception held at the Bolingbrook Golf Club on Thursday. Phelan was one of 11 Chicago area financial leaders recognized for contributions to the region's economic growth and stability.   

"Patrick's leadership has resulted in unprecedented growth for NSC programs and initiatives," said Deborah A.P. Hersman, president and CEO of the National Safety Council. "His financial acumen and leadership have resulted in a historic increase in the Council's reach, as well as our investment in our employees."

Phelan joined NSC in 2011 and overhauled its financial structure while implementing a culture of continuous improvement. As a result, revenue and profits used to fund advocacy programs have grown nearly five times their 2008 levels, decreasing the Council's dependency on outside funding. The National Safety Council has experienced a 50 percent increase in hiring, doubled the 403(b) company match and will fully fund their pension program. Phelan also supported an online financial fitness assessment and training program for employees and has leveraged relationships with investment firms to host workshops and financial learning sessions for staff.

Increased financial resources have enabled the National Safety Council to provide more data, programs and initiatives that reduce unintentional injuries and deaths. In FY15, the Council invested $1 million into a digital footprint and new website to provide easier access to free content, information and safety training. The additional resources also allow NSC to support key strategic initiatives including distracted driving, teen driving and prescription painkiller overdose.

About the National Safety Council

Founded in 1913 and chartered by Congress, the National Safety Council, nsc.org, is a nonprofit organization whose mission is to save lives by preventing injuries and deaths at work, in homes and communities, and on the road through leadership, research, education and advocacy. NSC advances this mission by partnering with businesses, government agencies, elected officials and the public in areas where we can make the most impact – distracted driving, teen driving, workplace safety, prescription drug overdoses and Safe Communities.

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