Naples-based Wynn Companies adds Paul Martinson as CFO
The Floridant/10341185

NAPLES, Fla. - Floridant -- Wynn Companies, a family-owned real estate and retail operation, has added CPA Paul Martinson as chief financial officer to oversee the company's continued growth in Southwest Florida.

Wynn Companies includes three primary enterprises: Sunshine Ace Hardware, Wynn Properties and Wynn's Market.

Prior to joining Wynn Companies, Martinson served four years as CFO of Rural King, a private retailer that operates more than 150 stores across 17 states and generates $2.9 billion in annual revenue. After joining the company in 2017 as director of financial planning and analysis, Martinson scaled his responsibilities from establishing the organization's formal financial planning and analysis function to overseeing tax, accounting, treasury and information technology. Martinson helped the company navigate complex entity consolidations, secure substantial credit facilities and manage large-scale enterprise resource planning transformations.

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Martinson's executive leadership experience also includes roles as vice president and director of finance for the Music and Arts Centers division of Guitar Center, a leading retailer of musical instruments, lessons, repairs and rentals with over 300 stores nationwide. Martinson managed corporate finance for a $300 million operation and spearheaded the due diligence and integration of 14 acquisitions.

Martinson, who began his career as a CPA with an accounting firm, a technology company, and a wholesale distributor, earned a Bachelor of Science degree in accounting from the University of Wyoming.

In his new role, Martinson will serve as the chief financial strategist overseeing revenue and expenses, financial strategy, financial reporting and profitability for Wynn Companies.

"Each of our enterprises remains profitable, but Paul is a visionary leader who brings high-level corporate strategy that will help us achieve superior business performance," said Michael Wynn, chairman of the board for Wynn Companies and president of Sunshine Ace Hardware. "The retail and real estate industries continue to evolve, so having someone with Paul's experience to guide our financial operations will ensure that Wynn Companies remains strong for generations to come."

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Sunshine Ace Hardware, one of Florida's largest family-owned home improvement retailers and Ace Hardware's top franchisees in America, operates 16 hardware stores, two paint stores and two gift stores from Collier through Pinellas counties.

Wynn Properties is a real estate development and management company offering office, medical and retail spaces in Southwest Florida. It is currently developing Wynn's Downtown, a 45,000-square-foot signature building in the Naples Design District that will include retail and office space, a restaurant and residential housing.

Wynn's Market is a boutique supermarket offering an assortment of premium produce, meats and baked goods, as well as catering services. Its Naples location opened in 1938 and is among the longest continuously operating businesses in Collier County. A second location, Wynn's at Ocean Reef, opened in 2013 on Key Largo.