SUMMARY
Finance executive with more than 20 years of Fortune 500 and Big 4 CPA experience. Broad corporate headquarters as well as field finance and hands-on P&L experience. Impactful team-builder, with proven collaboration ability across corporate, sales, and operating functions.
Financial Planning & Analysis • Operations and Performance Metrics • Controllership • Treasury • Pension & 401k Investment Management • Business Divestiture • Competitive Pricing Analysis • Contract Negotiation and Termination • Sales Participation • Project and System Implementation • SG&A Functional Benchmarking • Call Center and Business Process Offshoring
EXPERIENCE
Ryder System, Inc. 1987 – 2008 $6.3 billion Fortune 500 Corporation. A global leader in truck leasing & rental, transportation, and supply chain logistics with more than 1,000 locations and 35,000 employees.
Vice President, Finance (2007 – 2008) Directed strategic corporate initiatives to improve corporate return on capital through productivity improvement, cost reduction, and business unit rationalization.
•Quantified cost of all corporate SG&A functions. Benchmarked cost and performance against world-class organizations and peer groups. Identified functional best-practices to narrow the $100MM performance gap. •Business unit divestiture analysis and due diligence.
Vice President & Division CFO (2006 – 2007) Chief Financial Officer of a $3.5 billion truck leasing, rental, and maintenance organization. Reported to corporate CFO and supported the Division President. Responsible for all product line pricing, asset management, field finance, Sarbanes-Oxley compliance, operational & expenditure analysis, and financial planning & analysis functions.
•Implemented new web-based pricing model for $1.6 billion product line. •Developed initiative tracking methodology to measure performance against goals down to the lowest business unit level.
Group Director, Business Process Outsourcing (2005 – 2006) Planned, developed, and executed Call Center and Business Process Offshoring initiative. Project included process identification, employee communication, training development, RFP development and reverse on-line auction, offshore provider due diligence and selection, contract development and negotiation, implementation, and continued provider management.
•$7 million annual run-rate savings and improved performance metrics realized. •Developed an employee communication and retention plan that held employee turnover to the normal attrition rate during the offshore transition.
Sr Assistant Treasurer (2003 - 2005) Responsible for public debt issuance, matched funding analysis, fixed/variable analysis, and financial derivatives for a publicly traded corporation with approximately $2 billion in debt. International financing responsibility for Asia, South America, and Mexico. Managed Ryder’s $900 million defined benefit pension plan and $600 million defined contribution savings plan.
•Negotiated a favorable 5-year $870 million Global Credit Revolver with 13 banks. •Re-negotiated Asian credit facility and term loan to take advantage of prevailing market rates.
Group Director, Financial Planning & Analysis (2001 – 2003) Charged with all domestic and international financial planning and analysis for this Fortune 500 Corporation. Interacted with senior executive management on all fiscal policy, strategic and tactical business decisions, Investor Relations, and Board of Director presentations.
•Implemented a new Business Planning process and model. •Co-authored the Company’s Economic Analysis Manual. Instituted a new capital expenditure approval process and facilitated the Company’s Capital Expenditure Committee.
Sr Director, Field Finance – West Chester, PA (2000 – 2001) Lead finance position for the $2 billion Eastern U.S. & Canadian segments of the North American truck leasing & rental division.
•Designed and implemented an accounts receivable collection process that saved $1.8 million. •Member of a team that developed a detailed revenue generation and cost savings plan that netted more than $20 million in 2001. This process was replicated company-wide over the next several years, leading to additional tens-of-millions in savings.
Director, Field Finance (1998 – 1999) Sr Manager, Field Finance (1996 – 1998) District Controller (1991 – 1996) Sr Financial Analyst (1987 – 1990)
KPMG, Certified Public Accountants – Philadelphia, PA 1982 – 1985 Supervising Senior Accountant Supervised the planning, execution, and financial report and management letter preparation of numerous audit engagements. Clients included municipalities, financial, manufacturing, and other concerns.
EDUCATION/CERTIFICATION
Duke University, The Fuqua School of Business – Master of Business Administration
University of Notre Dame – Bachelor of Business Administration
Certified Public Accountant |