5 Questions for CFO Paul Thompson

Paul's and his family.

Paul’s and his family.

Paul Thompson
Chief Financial Officer
1 year with KinderCare Education
Team includes financial planning and analysis (FP&A), the controller’s organization, internal audit, tax and risk, procurement, IT, real estate and portfolio management, and facilities

Why did you join KCE?
I joined for several reasons:

  • The strength of the executive committee. I was really impressed by their passion and their leadership approach. It was a strong peer group for me to join. They have really embraced the path they have been on and they realize there’s more to accomplish.
  • The potential to impact more than 100,000 children and the company’s mission.

What is your biggest challenge?
The continuous prioritization of resources, people, operating expense and capital. We have a tremendous pipeline of new ideas at our company, and we need to be thoughtful about which ones rise to the top. We need to have a manageable list for the benefit of the organization to minimize distractions and truly be successful.

What do you like to do when you’re not at work?
My wife and I just became empty-nesters – our youngest is a freshman in college. My relationship with my family is very important to me. Our weekends have changed considerably as we transition and stay connected to our children in Dallas and Boston. I’m enjoying being able to spend more time with my wife!

What team accomplishment are you most proud of?
Completing the relationship with the Partners Group in 2015. The acquisition was a tremendous amount of effort – management presentations, due diligence, the close that occurred in August, and the alignment with Partners after the close. Even through the end of the year, my team was working hard on completing the accounting and tax activities related to the transaction. The whole effort went extremely well and involved an enormous amount of collaboration. Many members of my team exhibited their expertise, ability to collaborate and leadership, which I’m extremely proud of.

What was your first job? What did you want to be when you grew up?
My first job was walking beans in southern Minnesota where farming was a primary industry. Basically I cut down weeds in bean fields. My next job after that was a busboy at Perkins restaurant.

When I was young I wanted to be a football player. It was a short-lived dream – I wasn’t that fast or that large.

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