Our Friend and Client Richard Shaw
Through our work, we’re fortunate to have close working with our clients. We forge meaningful relationships and form friendships that last beyond the bounds of project at hand. 76West is saddened to note the death of our client Richard J. Shaw, CFO of Jerash Holdings on October 27, 2019. Mr. Shaw was with Jerash as Chief Financial Officer since 2017. Mr. Shaw, who succumbed to a long and hard-fought battle with cancer, was 52.
Rich was a highly respected and talented individual, who realized the value how strategic brand communication can advance corporate goals. Rich hired 76West to modernize the communications platform for Investor Relations. Ultimately, we supported his efforts as CFO in preparation for bringing Jerash public and structuring the global organization into a US corporation.
After graduating from Le Moyne College, Rich started his career at a national, Big Six public accounting firm. He later went on to spend 10 years at a startup company where he developed financial strategies, built and implemented internal systems and managed business finances, which enabled the fledgling company to grow quickly into a profitable business. Before founding LogiCore Strategies in 2014, Rich also helped turn around two distressed, family-owned businesses and served as COO for a family-owned firm. Rich joined the Jerash team in 2017 as their first CFO, responsible for bringing the organization to NASDAQ as a publicly traded company. Upon successful NASDAQ listing, Rich worked tirelessly to build strong relationships with the investment community and expand the organization on a global scale.
Having completed more than $100 million in transactions as a CFO, Rich Shaw is well-versed in raising common stock, convertible debt, senior debt, leases and vendor financing, mergers and acquisitions, stock tender offers and shareholder consolidations, selling non-core assets and creating exits for founders, owners, investors and senior lenders.
On behalf of the entire 76West team, we extend our deepest condolences during this difficult time to Rich’s family, friends and colleagues. He will be missed.