Objective:
Chief Financial Officer Leadership Position in a Dynamic and Growth Oriented Organization With Emphasis on Industrial and Consumer Applications.
Education:
South Garland High School, High School Diploma, 1990
Texas A&M University, College Station, Texas
Bachelor of Science in Nuclear Engineering, 1994 Magna Cum Laude
Texas A&M University, College Station, Texas
Master of Science in Nuclear Engineering, 1996
Professional Experience:
2006 ¡V Present Momentive Performance Materials Cleveland, Ohio May 2006 - Present Chief Financial Officer, Momentive Performance Materials Quartz, Inc. (formerly GE Advanced Materials)
Responsible for:
- Strategic and Financial Accountability for 280MM USD Revenue and 220MM USD Cost Business
- Development of Short and Long Term Organizational Plans in Order to Achieve Business Commitments.
- Accountability for All Financial Accounting Controls and SOX 404 Requirements; Including Review by Outside Auditing Firms
- Local Business Leadership For $3.8B Acquisition of GE Advanced Materials by Apollo Management LP
- Assessment and Development of 23 Global (US, Germany, Japan, China) Individuals Through Informal and Formal Management Techniques
Key Accomplishments to Date:
- Successful Completion of all Global Requirements for Accounting and Regulatory Approval Related to the 3.8B USD Acquisition of the Quartz and Silicones Business
- Led the $6.0MM USD financial evaluation, purchase and accounting of the OSi selective asset purchase, resulting in the addition of $3.8MM EBITDA per year.
- Transformed the business through 3 global restructurings, resulting in the reduction of Total Adjusted Base Costs by $12.4MM (26%) with minimal business disruptions.
- Led the evaluation and implementation of a global manufacturing site consolidation, resulting in the reduction of variable incurred costs by $10.5MM USD.
- Strengthened the cash position of the business through a $20.7MM, 29% improvement in Working Capital performance.
- Drove a 10% Increase in Sales with an Associated 7% Growth in EBITDA
1996 ¡V 2006 General Electric Albany, NY; Duesseldorf, Germany
April 2004 ¡V May 2006 Manager of Finance, Europe Manufacturing (GE Advanced Materials ¡V GE Bayer Silicones Joint Venture)
Responsible for:
- Financial Accountability for 120MM Euros Incurred Cost Business
- Financial and Process Improvement in $60MM Euro ($90MM USD) Inventory Portfolio Through Inventory Turn Increases and Out of Spec Reductions
- Reporting and Development of all GE Advanced Material Reporting Related to Inventory, Incurred Cost, Productivity and Efficiency
- Financial Accountability for Local German Statutory Accounting Regulations (HGB)
- Maintained and Updated All Local Europe Pole Standard In Accordance With Global GE Advanced Material Policies and General Accounting Principles
- Assessment and Development of 6 Individuals (German) Through Informal and Formal Management Techniques
Key Accomplishments in Role:
- Drove a 9.4% Improvement in Inventory Turns Through Slow-Moving/Out Of Specification Inventory Reduction and Improved Production Scheduling
- Ensured Inventory Controllership Through Yearly Physical Inventories with Consistent Results Under 0.01% Surplus/Deficit On 60MM USD of Inventory
- Successfully Reconciled 11,000+ Goods Receipt/Invoice Receipt Account Converting 7.0MM Euro Exposure to 1.0MM Euros of Business Operating Margin
June 2002 ¡V March 2004 Manager of Finance, Americas Commercial (GE Advanced Materials ¡V Silicones Americas)
Responsible for:
- Commercial Financial Accountability for $650MM Revenue Business
- Financial and Process Improvement in $115MM Receivables Portfolio Through Past Due Reduction and Cash Flow Improvement
- Reporting and Calculation of Bank of America Westin $70MM Monetization Program.
- Reporting and Development of all GE Corporate Reporting Related to Sales, Margin, Pure Price, Volume and Mix
- Own and Drive Financial and Process Improvement for $50MM Latin America Operation.
- Assessment and Development of Individuals Through Informal and Formal Management Techniques
Key Accomplishments in Role:
- Reduced Unapplied Cash 80% from 1.5MM to $0.3MM USD
- Reduced Past Due Receivables by 30% Resulting in a $7MM Improvement in Cash Flow
- Managed and Secured GE Corporate Authorization for Conversion Of $110MM+ SAP Integrated Stand Alone Factoring Program, while also Establishing Additional $8MM Canada and Latin Americas Factoring Programs
June 2001 ¡V June 2002 Audit Manager (GE Corporate Audit Staff)
Responsible for:
- Development and Execution of Audit Strategies for GE Portfolio Businesses
- Financial and Process Improvement Within Audited GE Portfolio
- Resource Allocation In Order to Meet Audit Deliverables
- Assessment and Development of Individuals Through Informal and Formal Management Techniques
January 1999 ¡V June 2001 Associate Auditor (GE Corporate Audit Staff)
Responsible for:
- Execution of All Management Established Audit Strategies for GE Portfolio Businesses
- Financial and Process Improvement Within Audited GE Portfolio
June 1996 ¡V January 1999 Technical Leadership Program (GE Nuclear Energy)
Responsible for:
- Design and Analysis of Nuclear Reactor Fuel Bundles for Use In Laguna Verde Nuclear Steam Station
- Supervision of Uranium Recovery Unit Process for Reclamation and Reprocessing of Nuclear Waste Systems
- Supervision of Ceramic Nuclear Fuel Manufacturing Team
- Six Sigma Black Belt Process and Financial Process Improvement For Lungmen Nuclear Steam Station
Computer System Proficiency
SAP R3 (Version 4.6); Windows Operating System (Word, Excel, PPoint); |
