David Johnston CFO

David Johnston CFO has over thirty years of senior financial leadership experience

About Me

David Johnston former CFO is a highly regarded financial expert and former CFO for various Massachusetts biotech and life sciences companies. In 2019, he founded dbj Consulting LLC, providing fractional CFO services to small, emerging life sciences companies that cannot yet afford a full-time, experienced CFO.

Johnston believes that having part-time C-level executives is beneficial for both the firms and the executives. His firm offers the services of an experienced CFO on a fractional part-time basis, helping companies build financial relationships, manage financial resources, provide financial planning advice, and increase accountability in the business. Companies pay part-time CFOs hourly or flat-fee basis and only for their work hours. This allows companies to hire an experienced part-time CFO for less than they would pay a full-time one.

As a frequent blogger and author, Johnston shares his expertise on topics related to biotechnology and finance. Some of his articles have appeared on Medium, Tumblr, the Buckeye Business Review, DrBioScience, and other online business and medical sites.

Before founding dbj Consulting LLC, Johnston served in senior-level finance jobs with life sciences companies since 1998. He won many awards for his financial and strategic insight. His first life sciences finance position was senior vice president of corporate finance, corporate planning, and analysis for Genzyme. Afterwards, he served as CFO for two Boston-based multinational corporations seeking drugs to treat and cure cancer.

Johnston's consulting firm has helped many small emerging life sciences companies develop and implement action plans efficiently. His disciplined and professional approach and bit of humour have proven successful for entrepreneurs seeking strategic advice.

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David Johnston CFO Portfolio

Recent News

David Johnston- Financial Leadership
January 10, 2024

Becoming a Fractional CFO: Your Path to Financial Leadership

The role of a Fractional Chief Financial Leadership Officer (CFO) is an exciting and dynamic career choice for finance professionals looking to provide valuable expertise to multiple businesses without the commitment of a full-time position. Fractional CFOs are pivotal in helping companies make informed financial decisions, optimize their financial processes, and achieve long-term growth. If […]

David Johnston- Biotech Companies
December 11, 2023

Biotech Companies: Pioneers of Scientific Breakthroughs

Biotechnology, the fusion of biology and technology, has propelled humanity into unprecedented scientific achievement and practical innovation. Biotech companies are at the heart of this transformative landscape, the driving force behind unlocking the potential of living organisms to address some of the world’s most complex challenges. In this article, we will explore the world of […]

Exploring the Vast Scope of Biotechnology
November 3, 2023

Unleashing the Potential: Exploring the Vast Scope of Biotechnology

Biotechnology is a dynamic field that has been making significant strides in recent years, revolutionizing various industries and changing the way we approach problems in science, medicine, agriculture, and more. Its scope continues to expand, offering promising solutions to some of humanity’s most pressing challenges. In this article, we will explore the wide-ranging applications and […]

October 13, 2023

Understanding the Biotech Industry

The field of biotechnology, or biotech for short, is a dynamic and rapidly evolving sector that combines biology, chemistry, and technology to create products and processes that improve our lives. This article is aimed at beginners looking to dive into biotech investing. It provides an overview of the industry, the opportunities it offers, and essential […]

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