Trained as both a certified public accountant and lawyer, Lacy began his professional career at Bose Corporation in 1978 as both their legal and tax counsel and assistant treasurer. When the company started to under-perform in the early 1980s, Lacy was given increased responsibility with the exodus of senior management. One of his career highlights at Bose was signing the first Bose/GM auto sound systems agreement, for which Lacy raised the capital to make it happen, all before the age of 35.
From Bose, Lacy moved to Bird, Incorporated, where he served as vice president of finance and treasurer. From Bird, he moved to Remanco Systems Corporation, a manufacturer of point-of-sale systems for the hospitality industry, where he served as vice president of finance.
Lacy joined Kronos in 1988 and most recently served as executive vice president and chief financial and administrative officer. During his tenure, he has helped navigate the company through three economic downturns to become one of the world's most consistent-performing enterprise software companies. Under Lacy's financial leadership, Kronos has achieved an incredibly strong revenue growth and profitability track record that would make any chief financial officer envious. He also has orchestrated more than 50 acquisitions for Kronos, including dealers and other vendors in the workforce management market or adjacent spaces.
In October 2005, Lacy assumed all the responsibilities of president, in addition to overseeing the corporate-wide finance, legal, information technology, manufacturing, human resources, and administrative functions of the company. He is also responsible for investor relations, strategic planning, and business development activities.
Known among Kronos management ranks as the "sound of reason," Lacy's top core value is honesty in all matters. A leader by nature, he is humble and respectful, and very in tune with facilitating a working environment where all employees are treated with respect.
A frequent speaker at financial conferences, Lacy holds a bachelor's degree in accounting from Boston College and Juris Doctor from Boston College Law School. He is a member of the Massachusetts Bar Association. |