NextPoint Financial, which owns tax preparation chain Liberty Tax, has named Raymond “Randy” Guba as its incoming CFO. He replaces Scott Wright who got the job in July 2022.
Guba’s hiring is effective the next business day after the company files audited financial statements for the year ended Dec. 31, 2021. Wright will remain as chief accounting officer through next month.
NextPoint’s decision to shutdown its newly purchased LoanMe operations led to the company not filing the 2021 statements or those for the three quarters of 2022. The company said it plans to file them by the end of February.
Liberty and LoanMe were intended to provide a one-step shop. But last spring, NextPoint said it substantially overpaid for LoanMe and it later halted loan operations., while loan servicer, United Development Funding, which NextPoint accused of fraud and of running a Ponzi scheme.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind