Jon Pexton, Interbank FX, Acknowledged As A 2009 CFO of the Year Financial Champion by Utah Business Magazine

In a time of struggling national and local economies, today’s CFOs play an increasingly vital role in securing a corporation’s future. In a recent ceremony, Utah Business Magazine acknowledged 16 CFOs who have not only accepted that challenge but have gone beyond to ensure their company’s short-term and long-term success. At the event, Jon Pexton, Interbank FX CFO, has been acknowledged as one of three 2009 CFO of the Year Financial Champions in the category of Private, Medium Company.

Under Pexton’s financial leadership, Interbank FX is booming: Last year, the company generated more than $60 million in revenues and doubled its trading revenues..

“I am very appreciative of the chance to fulfill a role for Interbank FX that is both challenging and rewarding,” he said upon accepting the award.

Jon Pexton joined Interbank FX in May 2008 with more than 15 years finance and accounting experience, including eight years with a "Big 4" firm and seven years with publicly-traded global companies.

Pexton has performed financial due diligence on more than 35 transactions, and participated in an IPO that raised $80 million.

“We are proud to acknowledge the role Jon has played in making our company rock-solid,” said Todd B. Crosland, president & CEO of Interbank FX. “It is critical that our customers have absolute trust in the strength of Interbank FX. We are striving to be the gold standard against which all other brokers are measured. Jon has done an excellent job of helping us to achieve that high goal, particularly during a period of economic uncertainty and extensive company growth.”

For more information about Interbank FX, please visit the company’s Web site at www.ibfx.com.

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