Thomas J. Burke of Moorestown has joined The Evergreens community as its new Chief Financial Officer and Vice President of Finance. Burke assumed the position from Gerald Magid, who has retired after serving as Chief Financial Officer and Vice President of Finance of The Evergreens for eight years. In his new role, Burke is responsible for all financial reporting and financing activities of the organization.
Burke brings more than 25 years of financial management experience in nonprofit healthcare and human services, commercial real estate, mortgage banking, investment banking and public accounting to the position. He most recently served as Chief Financial Officer of Bancroft in Haddonfield, where he was responsible for all accounting, financing, facilities and insurance-related activities. Prior to that, Burke served as Chief Financial Officer of Trefoil Properties, LP in Lansdale, Pennsylvania, Chief Financial and Administrative Officer of Chapel Mortgage Corporation in Rancocas, Vice President of Investment Banking at Berwind Financial Group in Philadelphia, Vice President of Investment Banking at Merrill Lynch & Co. in New York City and Senior Auditor of PwC in Philadelphia.
Among his professional designations and awards, Burke is a licensed certified public accountant in Pennsylvania, a licensed mortgage banker in New Jersey, a licensed securities representative and a licensed insurance producer in New Jersey. Most recently, Burke was recognized as one of the “Top 10” CFOs for 2015 by South Jersey Biz Magazine.
Burke earned a bachelor’s degree in accounting from King’s College, graduating magna cum laude, and a master’s degree in business administration with a concentration in finance from the Fuqua School of Business at Duke University. He and his family currently reside in Moorestown.
“While we are sad to see Gerry go, we could not be more thrilled to welcome Tom to our community,” said Douglas C. Halvorsen, president and CEO of The Evergreens. “Tom has a proven record of successfully initiating and executing complex, high-level, growth-oriented strategic financial plans for nonprofits and for-profit entities. His enthusiasm, comprehensive knowledge and expertise in the field will surely benefit our community as it continues to flourish and grow.”