(Dallas, Texas) October 26,  2011 – Recently at a luncheon held on October 20, 2011 the finalists for the Dallas Business Journal’s CFO of the Year Award were honored as part of the Business Journal’s annual recognition program. A panel of past honorees and industry  representatives select the finalists based on their contributions to their respective companies, contributions to the finance profession and to the DFW  community.

Mahesh Shetty, CFO and COO of Encore Enterprises, Inc. was named as the recipient of  the 2011 CFO of the Year Award for the private company $50M to $99M category for  his work at Encore Enterprises and for his contributions to the finance  community during the 2011 year.

During 2010-2011, Mr. Shetty has undertaken the challenge of outsourcing of the Encore’s accounting organization, as well as implementing cloud-based accounting technologies for greater efficiency and cost savings to the  company

To read more of Mr. Shetty’s  interview with the Dallas Business Journal, or to learn more about the  CFO of the Year Awards, please visit the Dallas Business Journal’s  website.

About Encore Enterprises, Inc. Encore Enterprises, Inc., is a diversified commercial real estate firm in Dallas, Texas, that is active in the hospitality, retail, multifamily and commercial office space sectors. Since the company’s formation in 1999, Encore Enterprises has completed over $1 billion of acquisitions, developments and complex financial transactions with a focus on the Southern, Eastern and Midwestern United States.  For more information about Encore Enterprises, Inc., visit www.encore.bz or call (214) 259-7000.