CB Rank (Person) 319,617

As a former CFO, David Johnston was an accomplished financial expert who has spent over three decades as corporate CFO for several Massachusetts biotech and life sciences companies. In 2019, he founded dbj Consulting LLC, which specializes in advising smaller emerging life sciences companies on financial matters and providing fractional CFO

services.

Many of his clients have small teams with ten employees or fewer and are virtual, making it challenging to hire a full-time CFO. To bridge this gap, he leverages his expertise and experience to serve these firms as a part-time CFO, offering them the benefit of having a seasoned financial executive at their disposal without the expense of hiring one full-time.

Working as a fractional CFO was personally and professionally fulfilling for David. He believed the trend towards part-time C-level executives benefits the firms and the executives themselves. By balancing his work and family life, he can avoid burnout, stay healthy, and remain productive in the long term. Moreover, working with different firms offers him exciting opportunities, helping maintain his interest and keep him engaged.

As a financial advisor, he understands that CFOs are critical in helping small emerging biotech firms build financial relationships and manage financial resources, providing valuable financial planning advice. Companies can pay for their services hourly or flat fee with their firm, making it more accessible for them to hire an experienced CFO while only paying for the hours they need. David's dedication and passion for helping smaller firms succeed make him a valuable asset to anyone looking to grow their business.

Number of News Articles 87
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