Paradise Named New CFO at ImageFIRST

ImageFIRST Healthcare Laundry Specialists, a national provider of linen and laundry services for the healthcare industry, has named Richard Paradise as its new Chief Financial Officer, succeeding Jim Malandra. Paradise will report to President and CEO Jim Cashman as part of the company’s executive leadership team.

About Richard Paradise

Prior to joining ImageFIRST, Paradise most recently served as a consultant for multiple small and large private equity-owned companies, including Thayer Power & Communication Line Construction Company, KSI Trading Corp, and Interior Logic Group. In these roles, he was responsible for:

• Overseeing strategic and tactical planning to support senior leadership
• Participating in the development of monthly reporting and Board presentation materials
• Co-leading the development of analytical tools designed to improve profitability
• Identifying opportunities to drive operational productivity

Paradise has also served as the Chief Financial Officer at several medium and large private and public companies, including The Dematic Group, Keystone Automotive Operations, The Children’s Place Retail Stores, and American Standard’s Bath and Kitchen Division, leading the execution of various strategic and tactical initiatives through periods of significant company growth.

Leadership Perspective

“Rich is an exceptionally qualified financial executive, joining us at a time when we are hyper-focused on accelerating towards an exciting future,” said ImageFIRST President and CEO Jim Cashman. “We look forward to the contribution that Rich will make in driving key goals and strategic initiatives.”

“I can’t imagine a better time to join ImageFIRST, especially in this period of tremendous growth,” Paradise said. “I’m thrilled to have the opportunity to be a part of this world-class organization and team.”

Transition Details

Paradise will succeed Jim Malandra, who has served as the ImageFIRST CFO for thirteen years. Malandra will shift to a short-term advisory role to aid in the transition.

Qualifications

Paradise brings decades of executive leadership experience in corporate finance, financial planning, operations, and strategy. He holds an MBA in Finance from Rutgers Graduate School of Management and is a certified Six Sigma Black Belt.