PROFESSIONAL EXPERIENCE
Electronic MFG Firm Washington DC Suburbs 2006 - Present
Industry leader in design, development, manufacture and sales of electronic systems and related products.
Vice President & CFO
Senior executive responsible for global finance operations, M&A, legal and financial compliance management, contracts and corporate services. Key member of investment committees. Member of the Board of Directors.
„X Managed exponential growth during rapid upturn in revenue and profitability to record levels.
„X Provided leadership in pricing and winning largest contract in company history.
„X Led effort and won substantial monetary award for IP infringement case against major competitor.
„X Partnered with CEO on mergers & acquisition strategy and execution.
„X Developed and executed real estate strategy resulting in cost savings
Consulting Firm. Bethesda, MD 2003 to 2006
A market leading global consulting firm with revenues of $465 Million. Global Operations include projects in
50+ countries as well as subsidiaries in the UK, South Africa and Brazil. The company is an ESOP.
EVP & CFO
Senior executive responsible for global finance operations including: strategic financial planning, treasury, accounting, MIS/IT, legal, contract management & pricing, internal audit and M&A (staff of 70). Strategic partner to the CEO and Board during time of hyper growth. Member of executive team running global operations and strategy development and execution.
„X Created financial discipline and awareness leading to increases in revenue & profits of 100% and 40%.
„X Converted existing ESOP to 100% securing financing and recapitalization of company totaling $110M.
„X Created pricing strategy for services/products helping to increase margins by +15%.
„X Developed long-term business model and led investment bankers in exploring strategic alternatives.
„X Led selection, purchase and successful implementation of Oracle 11i ERP.
Financial Services Company Rockville, MD 2002
A leading financial services consulting firm serving institutional and corporate clients globally. A portfolio company of Warburg Pincus LLC, a leading private equity firm.
EVP & CFO
Senior executive with responsibilities for financial operations, administrative and human resource operations. Key member of Corporate Decision Team focused on strategy development, monitoring and execution to achieve aggressive growth targets. Performed evaluations of company operations, personnel, departments and business units used for evaluation of operating and profit growth plans. Achieved substantial reductions in working capital while developing long-term business model.
Compenent & Systems Manufacturer Tampa, FL 1999 to 2001
A global communications equipment designer/manufacturer/marketer with operations in United States, Scotland, Mexico and China. Products included electronic components and systems sold to leading global commercial customers and US and foreign governments. Sold to Veritas Capital private equity fund in late 2000. Successfully managed dramatic downturn during telecom downturn of 2001, exiting with core military business intact and positioned for growth.
Vice President & CFO and COO
Planned and executed the financial turnaround of this global manufacturer. Redesigned all core financial processes. Responsible for strategy, forecasting, budgeting, manpower planning, pricing, cost accounting, IT services and development, cash management/treasury, IP management, internal audit and risk management (staff of 30). Developed long term business model. Key member of Corporate Decision Team focused on strategy development and execution. Led Trak Communications during 2000 and 2001 as CFO and Acting COO with P&L responsibility.
„X Provided ¡§hands-on¡¨ financial and operating leadership for successful turnaround in 1999.
„X Transitioned Company from $6MM loss position in 1999 to $12.6MM profit cash flow in 2000.
„X Led Executive Team in LBO with Veritas Capital in 2000; enterprise value increase of $32MM.
„X Targeted cost cutting of $9MM in 2001 enduring a 30% revenue drop.
„X Restructured balance sheet disposing of non-core assets $2.5MM; enhanced P&L; focused operations on most profitable markets while reducing cost structure to sustain profits. M&A lead.
BNFL US GROUP, Fairfax, VA 1992 to 1998
BNF plc, the owner and investor is a $2.5 Billion public company in the UK and a leader in the nuclear business. Corporate HQ for US Operations worked on design, engineering and construction of special purpose facilities for US waste management market and primarily the US Federal Government. BNFL US revenues of $100MM with ownership in joint ventures totaling over $300MM unconsolidated revenue.
Vice President, Treasurer & CFO
Built a foundation and structure for managing a high-growth start-up firm in the nuclear waste management business. The company was expected to capture a major share of the multi-billion dollar US market by deploying company technology. Key member of the Strategy Team focused on the US market.
Member of executive team responsible for achieving operating, financial and strategic goals. Given full responsibility for designing and implementing core financial processes, including annual planning (AOP), forecasting, budgeting, IT/systems development, treasury, internal audit, banking and long-range investment planning. Led a staff of 35.
„X Led financial advisors developing a ten-year project financing plan for $2.0 Billion capital project.
„X Designed and installed all core financial and operating control systems for the start-up phase including project control systems (Primavera-Earned Value) and project accounting and financial management system compliant with US Federal Government requirements.
„X Led merger and acquisition (M&A) initiatives; organized and led due diligence activities on acquisitions adding $30MM revenue; successfully integrated companies into BNFL US Group.
BLACK & DECKER\PRC INC.\SYSTEM SERVICES GROUP, McLean, VA 1989 to 1992
Black & Decker a $4 Billion Fortune 500 firm owned PRC. PRC an information technology firm with revenue of $700 MM; Systems Services Group was an outsourcing SBU of PRC
Group Vice President & Controller/System Services Group ($210MM)
TRW, INC., Fairfax, VA 1987 to 1989
TRW a $7 Billion (circa 1989) Fortune 100 Manufacturing & Technology Company
Manager, Financial Analysis, Forecasting & Planning/Systems Integration Division ($180MM SBU)
REVLON, INC., Springfield, VA 1983 to 1987
Revlon a $2.5 Billion (circa 1987) Fortune 500 Pharmaceutical/Healthcare/Cosmetic Company
Division Controller & CFO/ Meloy Laboratories Inc/. Revlon Health Care Group ($25MM subsidiary)
Prior employment included positions as corporate manager-financial reporting & analysis with Science Applications International (SAI), and senior audit positions with General Dynamics Corporation (GD) and the Defense Contract Audit Agency (US Department of Defense).
EDUCATION
Bachelor of Science Business Administration, Accounting; University of WI
Certified Public Accountant (CPA)
American Institute of Certified Public Accountants (AICPA)
Recent Continuing Education & Training
¡§Leading the Value-Creating Organization¡¨ ¡VThe Strategic Financial Perspective, Strategic Decisions Group (SDG)/ Navigant Consulting, New York, NY
Board of Directors, ABC, Inc. MD |
