Executive Speaker Series: "How Leading CFOs are Driving Change: The Clif Bar Model"

Date & Time:
Thursday, April 18, 2019 -
6 p.m. to 8 p.m.
Soda Activity Center: Claeys Lounge, 1928 Saint Mary's Road, Moraga, CA 94575
View a map and get directions.

Some believe that the accounting and finance sectors have been slow to adopt new technology, eschewing new technology for older, tried and true tools. However, massive technological change and shifting consumer trends demand a new approach to how the industry creates value for clients. 

Find out from two leaders how Clif Bar is staying at the forefront of industry trends and ensuring the greatest opportunities and efficiencies. Hear about the business model they have built and the unique metrics they use to measure success.

This event will be hosted by SEBA Professor Nancy Lam, Chair of the Organization and Responsible Business department.



Richard Boragno, CFO, Clif Bar & Company

RichRich Boragno is chief financial officer for Clif Bar & Company, a family and employee-owned company crafting energy food with organic and sustainable ingredients to feed and inspire adventure. He leads the company’s accounting, information systems, treasury, and financial planning and analysis functions.

Under Rich’s direction, Clif Bar has enjoyed exceptional performance across its five bottom lines—Sustaining our People, our Business, our Brands, our Community and the Planet—with double-digit compounded annual growth for the past 10 years, which has enabled the expansion of its acclaimed sustainability initiatives, community efforts and employee benefits.

Rich has played an integral role in the company's numerous debt recapitalizations and instituted its employee stock ownership plan. Both have secured Clif Bar's status as a family and employee-owned company and funded its impressive growth. In 2016, he financially planned and integrated the launch of Clif Bar's first owned and operated bakeries. Rich also oversees the company's strategic international growth and process improvement initiatives.

Rich has held several positions since joining the company in 1999, including senior financial analyst, director of finance and accounting, and vice president of finance. Prior to Clif Bar & Company, he worked for Esprit de Corps where he was manager of financial planning and analysis. He was also an investment portfolio analyst at Kaspick & Company. He holds a bachelor’s degree in finance from Cal Poly San Luis Obispo and a master’s in business administration from Notre Dame de Namur University. Rich lives in Castro Valley, California with his wife and two children.

Cristen Lunt, Vice President of Accounting and Corporate Controller, Clif Bar & Company

CristenCristen Lunt brings 25 years of accounting experience to Clif Bar & Company leading corporate accounting, tax and audit compliance, financial statement preparation and analysis. She has worked at Clif Bar for 17 years earning her way up the ranks from Senior Accountant to VP Controller. Lunt is an avid athlete and enjoys running, hiking and yoga. In her spare time, she enjoys spending time with her eleven-year-old son and husband of 20 years. 

Cristen spent two years in public accounting, just enough time to earn her California CPA license. She spent a few years working for a public company but quickly found she needs an independent, community-minded organization like Clif Bar. Cristen likes the family and employee-owned aspect of Clif Bar along with the healthy energized work environment. She volunteers regularly, currently sitting on the board for Center for Economic and Civic Education and previously on the St Mary’s College of California, Board of Regents.


Questions about this event? Call (925) 631-4500 or email smcmba@stmarys-ca.edu.