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Kaplan CFO adds Mike Holt and establishes presence in Tri-Cities

Asheville-based Kaplan CFO Solutions announces the addition of Mike Holt, long time CFO for Cha Technologies Group, international textile conglomerate (Johnson City, TN). The move brings the number of Kaplan CFO partners to ten; more importantly, it marks the firm’s official entry into the Tri-Cities market.

A financial strategist and strong business leader, Holt’s skill set includes financial operations, budget development and management, business expansion and startup, M&A negotiations, financial and strategic planning and more. He also brings an extensive background in public accounting, is a licensed CPA and member of the National Association of Certified Valuators and Analysts.

“We’re excited to welcome Mike to the team,” said Kaplan founder and Managing Partner, Ken Kaplan. “We’ve been looking to expand into the tri-cities market for over a year. It took us that long to find the right person,” Kaplan explained.

Holt has been a fixture in east Tennessee’s financial business community since starting his career in 1977 with local accounting firm, Hoover Harrison Associates PC. In 1984 he accepted an offer from the Nashville-based regional accounting firm, Cleston Daniels and Associates, to help oversee the Johnson City office as partner in charge of audit and business valuation engagements. He left in 1990 to open his own firm, then joined Cha Technologies as CFO in 1996. In 2008, Holt added CFO/President of Fiber Innovative Technologies, a Cha subsidiary, to his title.

As the first partner in the Tri-cities, Holt will be responsible for introducing the firm’s operating model to businesses in the Johnson City, Bristol, Kingsport area. Kaplan CFO partners with fast-growing small and mid-sized businesses, providing embedded CFOs on a contractual basis. Clients are able to retain an experienced CFO at an affordable cost. Working on site, the CFO helps develop the processes, relationships and financial stability necessary to succeed at the next level.

Since 2008, Kaplan CFO has built an impressive roster of diverse clients, including FLS Energy, TSA Choice, Aeroflow Healthcare, Van Wingerden Nursery, Moog Music, Parameter Control Group, Asheville Radiology and Carolina Spine and Neurosurgery. The firm currently works with 21 clients in the Asheville area.

“Their success has been remarkable. The whole concept of making experienced C-level financial leadership accessible and affordable can help a lot of small businesses companies here get over the hump. I’m excited to get started,” Holt mentioned.

Holt officially began his new position March 1. He can be reached at 423 676.1100. For more information on Kaplan CFO Solutions, go to

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