Lanz Fritz

What is your job title, and what does that position entail?

Chief Financial Officer. The CFO is accountable for the Finance, HR and Administrative functions of the company which includes development of the annual financial plan, long-term (5 year) financial strategy, operational strategies and metrics to measure the company’s performance against those plans/strategies.

How long have you worked at Olympus, where did you come from? A little history of how you got involved with Olympus?

I’ve been at Olympus since April 2015. Scott and I had a common contact in his Vistage group (CEO Peer Program).  Scott asked the group if anyone had a CFO they’d recommend, and she suggested he contact me.

What do you like best about working at Olympus?

It’s a combination of the people at Olympus, industry, fast growth historically and future growth we’re expecting and planning for.

Describe a little of your past history.

After graduating from Claremont McKenna College I became an auditor at Deloitte & Touche in Los Angeles and then at Grant Thornton in Portland. I knew public accounting was not for me, so I went to work for a startup, Stormwater Management. Ten years later, we sold the company and I became the COO of the Stormwater Division for the billion-dollar parent company.  I left a couple years later to start my own Contract CFO consulting business working with small to midsize companies. That’s how I came across the opportunity at Olympus.

Describe some of your hobbies – what do you like to do outside of work?

Outside of work it’s all about my immediate family. I spend as much quality time as possible with my daughters Kate and Lauren, and my wife Karen (who is also my best friend). It doesn’t really matter what the activity is – road trip, paddle boarding, concert, dinner and a movie – just that we’re together. Also, I hit the gym every morning before work. I don’t actually like working out, but I do like how it makes me feel the rest of the day.

What are some key lessons you have taken from your career thus far?

Don’t pick the fly shit out of the pepper (focus on the big picture)

Always hire people smarter than you (they make you look smarter than you are)

Walk with a purpose (the sooner you get where you’re going, the more you can accomplish)

Learning from a mistake is like earning a diploma (just don’t earn the same diploma twice)

What is one thing your customers might find surprising about you?

I’ve seen Taylor Swift in concert twice (two teenage daughters).  Positives:  1. She actually puts on a great show and 2. No line for the men’s restroom!