Chief Development Officer
As Chief Development Officer, Paul Sherman is responsible for business development, acquisitions and execution of the company’s prioritized opportunities.
Since joining ABB Optical Group in 2010 as chief financial officer, Paul has had an immediate impact on the company’s earnings, financial stability and the strategic effectiveness of the leadership team. Paul contributed to the company’s successful acquisition of three contact lens businesses and their transition into existing facilities. He also contributed to the sale of the company to New Mountain Capital and the acquisition of Optical Distributor Group, the company’s largest competitor at the time.
Originally from London, Paul has more than 30 years of finance and accounting experience. He has held leadership positions in public, private and private-equity owned companies, with further complexities inherent in a franchise system. Most recently he served as Chief Financial Officer of LNR Property Corporation, a $4 billion diversified real estate investment, finance, management and development company. Prior to that, he spent 10 years at Burger King Corporation in various finance roles and operations.
Paul is a highly respected leader with a passion for building motivated teams and developing talent to focus on exceeding expectations. The South Florida Business Journal awarded Paul the CFO of the Year award in 2011 and named him a finalist of the award in 2016.
Paul serves on the board and is chair of the audit committee of Step Up For Students, an organization that provides legislatively authorized K-12 scholarships and related support to give economically disadvantaged families throughout Florida the freedom to choose the best learning options for their children. His is also co-founder and a board member of the South Florida Business Forum and an advisory board member of the Florida Institute of CFOs (fiCFO).
Qualified as a Chartered Accountant in England and Wales, Paul received an Accounting Diploma at City of London College.