SPAR Group Appoints New CFO Steven Hennen to Drive Financial Strategy

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Dec 10 2025

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Source: Newsfilter

Leadership Change: SPAR Group appointed Steven Hennen as CFO effective December 8, 2025, succeeding Antonio Calisto Pato, who held the position since February 2023, aiming to leverage Hennen's extensive financial expertise to drive the company's next growth phase.
Transition Support: Calisto Pato will remain involved in the fourth-quarter and full-year reporting process as an advisor to ensure a smooth filing of the 2025 Annual Report on Form 10-K, thereby maintaining financial transparency and compliance.
Extensive Industry Experience: Hennen brings over 25 years of finance and operational leadership experience, having served as President and CFO at multi-hundred-million-dollar Baker & Taylor, where he managed global finance and operations, which is expected to enhance SPAR's strategic clarity and organizational alignment.
Strategic Goal Orientation: Hennen expressed excitement about partnering with the team to drive strategic priorities, enhance the financial platform, and manage capital in a disciplined manner aimed at fostering long-term value creation, further solidifying SPAR's competitive position in the retail services market.

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About SGRP

SPAR Group, Inc. is a merchandising and marketing services company, providing a broad range of services to retailers, manufacturers, and distributors. The Company’s segments include Americas; Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA). The Company provides six principal types of services: merchandising and marketing, category management and setup, remodel and retail transformation, assembly and installation, business analytics and insights, and fulfilment and distribution. The Company represents numerous manufacturers and retail clients in a range of retail segments and stores. Its clients in the retail segments include convenience, cash and carry, home improvement, consumer electronics, automotive, pharmacies, office supply and others. The Company’s clients in the manufacturer segments include personal technology, consumer electronics, consumables, beverages, household products, financial products and automotive aftermarket.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

SPAR Group Promotes Jean Richer to Head of North American Sales & Marketing

Jan 02 2026Businesswire

Leadership Change: SPAR Group has promoted Jean Richer to Head of North American Sales & Marketing, aiming to accelerate revenue growth in the U.S. and Canada, leveraging Richer's over 25 years of executive experience in the CPG and retail services sectors to capitalize on market opportunities.
Increased Executive Ownership: Members of SPAR's Executive Leadership Team have recently boosted their ownership stakes, with CFO Steve Hennen purchasing 55,000 shares and CTO Josh Jewett acquiring 125,000 shares, reflecting management's confidence in the company's long-term growth and innovation.
Market Strategy Focus: Richer's appointment is expected to drive SPAR's commercial growth agenda through modern, data-enabled merchandising solutions, enhancing the company's ability to meet evolving retailer and brand needs and improving competitive positioning.
Long-Term Growth Outlook: CEO William Linnane noted that the increase in management's ownership aligns leadership with shareholder interests, fostering long-term growth and innovation into 2026 and beyond, indicating a positive outlook for the company's future development.

SPAR Group Appoints Steven Hennen as CFO to Drive Financial Strategy Forward

Dec 10 2025Globenewswire

Leadership Change: SPAR Group appointed Steven Hennen as CFO effective December 8, 2025, succeeding Antonio Calisto Pato, who served since February 2023, aiming to leverage Hennen's financial expertise to drive company growth.
Transition Support: Calisto Pato will remain involved in the fourth-quarter and full-year reporting process as an advisor, ensuring a smooth transition for the filing of the 2025 Annual Report, which is crucial for maintaining financial transparency and stability.
Extensive Experience: Hennen brings over 25 years of finance and operational leadership experience, having served as President and CFO of Baker & Taylor LLC, where he managed global finance and operations, which is expected to enhance SPAR's strategic clarity and organizational alignment.
Strategic Goals: Hennen expressed excitement about joining SPAR at a pivotal growth moment, looking forward to collaborating with the team to drive strategic priorities and enhance the financial platform, indicating strong confidence in the company's future development.