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Welling Advances to CFO at Draft

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CHICAGO Draft Inc. has promoted Suzanne Welling to chief financial officer, a new position overseeing all of the direct and promotional marketing network's financial operations. The appointment is effective immediately.

In the new post, Welling will report directly to Draft chairman and CEO Howard Draft. Previously Welling was a senior vice president, director of finance and business planning, reporting to David Florence, president of Draft Inc.

"We are very fortunate to have somebody with such a wealth of finance knowledge assume the critical role of CFO," Draft said in a statement. "Suzanne's extensive experience in finance and her proven leadership and understanding of the financial workings of Draft make her an invaluable part of our management team."

Welling joined the Chicago-based agency in 2000 as director of planning and acquisitions. She was promoted to director of finance and business planning in 2003. Prior to joining Draft, Welling was manager of financial analysis and acquisitions for Draft's parent, the Interpublic Group of Companies.