Circadian Risk, a leader in enterprise risk analysis SaaS and scenario-based assessment solutions, announced the appointment of Frank Schools as Chief Financial Officer. Schools brings extensive financial expertise to guide the company’s growth, overseeing financial strategy, planning, risk management, and reporting.
Frank Schools named CFO of Circadian Risk.
Previously CFO at Universal Services of America (Allied Universal), scaling revenue from $1.1B to $2.6B.
46-year career includes roles at 99 Cents Only, Pacific Sunwear, and private equity firms like Warburg Pincus.
Will shape Circadian Risk’s financial roadmap amid Fortune 500 customer growth.
Holds MBA from California State University, Fullerton, and BA from UC Riverside.
Reunites with CEO Michael Martin and Chairman Gustave K. Lipman.
Frank Schools joins Circadian Risk to steer its financial strategy during a period of significant expansion, particularly among Fortune 500 clients. CEO Michael Martin stated, “Our tremendous growth warrants a CFO of Frank’s experience. His understanding of our industry has already begun to yield results.” Schools’ prior collaboration with Martin and Chairman Gustave K. Lipman at Universal Services of America (now Allied Universal) strengthens this reunion, where he facilitated 16 acquisitions and doubled revenue to $2.6B.
With a 46-year career, Schools has held senior finance roles at private-equity-backed and public companies, including 99 Cents Only and Pacific Sunwear. His work with firms like Ares Management, Blackstone, Onex, and Warburg Pincus highlights his expertise in navigating complex financial landscapes. At Universal, he led the company’s sale from Partners Group to Warburg Pincus. Founder Daniel Young noted, “Frank’s experience with multibillion-dollar companies is a valuable asset for our organization.”
As CFO, Schools will focus on sustainable growth and operational excellence. He commented, “The company’s unique platform fills a critical need in modern risk management, and I look forward to partnering with the leadership team to drive stakeholder value.” His background as a California CPA (active until November 2021) and education—an MBA from California State University, Fullerton, and a BA from UC Riverside—equip him to enhance Circadian Risk’s financial framework.
Circadian Risk’s platform offers dynamic risk analysis through online and offline assessments, generating real-time interactive dashboards for threat, hazard, and compliance management. Serving industries like healthcare and education, the company’s SaaS solutions empower organizations to monitor and communicate risk effectively. Recent posts on X highlight Circadian Risk’s growing influence, with users like @citybizlist amplifying the CFO announcement.
The enterprise risk management software market, valued at $8.5 billion in 2024, is projected to grow at a 10% CAGR through 2030, driven by demand for real-time analytics. Competitors like LogicGate and Riskonnect focus on compliance and automation, but Circadian Risk’s scenario-based approach and visualization tools provide a unique edge. Schools’ appointment aligns with the company’s ambition to scale amid rising cybersecurity and regulatory pressures.
Schools’ expertise positions Circadian Risk for potential M&A activity and market expansion, leveraging its 15%+ annual revenue growth trajectory. With a valuation estimated at $50–100M, the company could target a Series C round or strategic partnership within 12–18 months, capitalizing on Schools’ private equity connections.
Frank Schools’ appointment as CFO, announced on June 17, 2025, reinforces Circadian Risk’s commitment to growth and innovation. His strategic vision and industry experience will drive the company’s financial success, enhancing its leadership in enterprise risk management.
Circadian Risk is a pioneering developer in dynamic risk analysis SaaS that empowers organizations to control risk through awareness and action. The Circadian Risk platform allows customers to monitor organizational risk; manage multiple threat, hazard, and compliance scenarios; and communicate risk throughout their organizations. Offering both online and offline assessments, the software uses a logical, score-based approach to generate interactive dashboards and visualizations—updated in near-real time—and optimize the decision-making process.