Business
INTRUSION Welcomes Experienced CFO, Franklin Byrd
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INTRUSION has appointed Franklin Byrd to the position of Chief Financial Officer. Byrd is a Certified Public Accountant and brings more than 25 years of finance, accounting and compliance experience to INTRUSION.
He has significant scaling experience with growing entities, having participated in taking three organizations public.
“As INTRUSION accelerates forward to bring next-generation cybersecurity to both government and commercial organizations, the role of our CFO is incredibly important,” said Jack B. Blount, President and CEO of INTRUSION. “I believe Franklin has the right combination of vision, strategic focus and leadership skills to help guide our company during this time of rapid growth brought on by our new Shield family of solutions.”
Byrd replaces long-time executive, Michael L. Paxton, who will be retiring after helping to transition his duties. Paxton will remain a member of INTRUSION’s board of directors after his retirement.
Prior to joining INTRUSION, Byrd served as CFO for Peak Nano Systems, LLC, a privately held nanotechnology company, where he was responsible for scaling the finance and operations functions for the company during a time of rapid growth.
Byrd also has experience serving in an executive capacity for publicly traded companies. Past roles include vice president of finance for Hunt Power L.P., where he had divisional CFO responsibilities overseeing financial vision, direction and leadership for the construction and investment of power infrastructure assets. He has also held progressive roles, including the role of CFO, at companies such as Transwestern Commercial Services, LLC, Panda Energy International, Inc., and ABC Radio Networks.
Byrd serves on the Financial Executives International Association and is an active member of both The American Institute of CPAs and the Texas Society of Certified Public Accountants. He received his MBA from Houston Baptist University, and holds two bachelor’s degrees in finance and accounting from Texas A&M University.
