Do You Have a Question for One of Our CFOs?

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Larry Chester
Founder and President

Larry has served as a CFO for 25 years for companies including Colovos Company, Republic Windows and Doors, United Service Companies, and High Sierra Sport Company, helping them eliminate losses and improving financial operations and reporting.

Realizing that he enjoyed the challenges of helping companies that were working their way through a crisis, he joined a bankruptcy trustee for several years, analyzing the financial condition of client companies, and managing them through those difficult times. Soon after that, he struck out on his own, forming CFO Simplified.  Since forming CFO Simplified, Larry has been involved in Business Turnaround, and Mergers and Acquisitions, in addition to Financial and Operations Management for his clients.

Larry is an intuitive businessman, able to grasp complex situations, driving to the heart of the matter, while helping to develop creative solutions to problems. His greatest pleasure comes from working with an owner to help his company develop tighter internal controls and greater profitability. In doing so, they work together, guiding the company to smoother operations and a stronger financial position.

Larry lives in Wheeling, IL, where he holds court for his three daughters and 7 grandchildren.


  • University of Wisconsin – BA
  • University of Nebraska – MBA
  • Villanova University – Six Sigma Training
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Don Frueh

Don has worked as CFO in mid-sized manufacturing firms and Corporate Controller in billion dollar multi-nationals including Case, Hendrickson and James Hardie. He brings broad experience in analysis and internal controls to his clients.

Don’s work establishing costing and control systems led to numerous benefits for mid-sized firms. He can lead analysis of product and channel profitability, cost and variance in manufacturing, advising on development of ERP and reporting systems. Don also has experience with M&A due diligence and integration and has directed control over foreign entities and forex exposure.

Don lives in Willowbrook with his wife and son.


  • University of Iowa – BBA in Accounting and Finance
  • Northwestern University – MBA in Management and Finance
  • Certified Public Accountant
cfo simplified team member jim guerra

  Phone: 312-952-3265

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Jim Guerra

Jim’s experience comes from a broad range of executive financial activities including controllership, treasury, business process redesign and mergers & acquisitions.  He has worked in 22 different countries and served in an executive capacity in such diverse multi-national companies as Citicorp, AT&T and Exelon, where he served as a CFO in two divisions.

But he has most recently enjoyed his work in the middle market, where he has worked with start-ups and established companies, building financial teams, developing cash flow forecasts and restructuring general ledgers.

Jim holds citizenship in three different countries, but lives with his wife right here in Kenilworth.


  • University of Notre Dame – BA in Economics
  • Northwestern University – MBA in Accounting and Finance
  • Certified Public Accountant
  • Chartered Global Management Accountant
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Ellen Meadows

Ellen began her career as a CPA in public accounting, leading financial statement and internal control audits of small businesses and governmental units. As an auditor, Ellen became interested in how processes and procedures could improve a company’s operational and financial performance. After working at Phillip Morris, she joined Kraft Foods for 17 years in financial management in Manufacturing, Sales and various Business Units. Ellen is energized by helping clients optimize their business functions, including sustained profitability, as a goal on their road to ultimate business success.

Ellen is a life-long resident of Chicago, where she lives with her husband and two sons.


  • B.S. Accounting – Marquette University
  • Certified Public Accountant – certified 1994-1997
  • Lean Six Sigma Green Belt
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Angie Noll

Angie has built a wealth of experience from 10 years of running her own QuickBooks bookkeeping business, and brings the expertise of her team to CFO Simplified.  As a passionate QuickBooks ProAdvisor, her mission is to empower small business owners to understand their numbers, and simplify their accounting processes.  This way, the collection of data and processing of daily transactions result in easily understood reports.  She enjoys getting business owners “unstuck” from the stress of a disorganized back office, saving them time and money and allowing them to make educated choices for their business’ future.

Angie is very involved with her husband and three kids, and enjoys yoga and meditation.


  • BS – St. Cloud State University
  • MBA – Loyola Graduate School of Management