Summary
Financial & management executive with 25 years of value added activities, exceptional contributions to management teams, and the delivery of outstanding services.
Successful leadership in the following broad-based competencies:
· Strategic and Financial Planning
· Asset Value Maximization
· Financial Reporting
· Centralized Services and Support
· Consensus/Team Building
· Analytics and Problem Resolution
· Strategic Sourcing & Procurement
· Client Satisfaction
Significant achievements include:
·Successful and credible working relationship with financial community (raised over $5 billion in last 5 years)
·Proven record of developing and implementing financial and operational controls that safeguard assets, improve P&L scenario and competitively position firm
·Continuous improvement activity resulting in substantial savings and improvements in organizational effectiveness throughout the organization
·Public and private Board of Directors experience
Experience
January 2003 to Present: Consulting work in the areas of Mergers, Acquisitions in the Energy Industry and Sarbanes-Oxley Documentation.
June 1978 to 2003: Florida Gas/Enron Corp. - Employed in various positions of increasing responsibility with major focus in the natural gas transmission subsidiaries and in Joint Venture affiliates (non-bankrupt subsidiaries of Enron) responsible for managing and operating Enron's interstate pipeline system and related entities in the gathering, processing, operating and engineering services businesses. Have held simultaneous positions with multiple entities.
Sr. Vice President, Chief Financial Officer and Treasurer - August 1998-December 2003
·Managed over $7 billion in assets and nearly $2 billion in annual revenues (Florida Gas/Citrus Corp and subsidiaries, Transwestern Pipeline Company, Northern Natural Gas Company, and the Northern Border Partners MLP assets and operating and engineering services businesses)
·Major responsibility areas included –
o Financial and strategic planning
o Risk management
o Accounting and reporting
o Treasury and finance
o Information systems
o Logistics and supply support
o Strategic sourcing and procurement
o Administration
o Sarbanes-Oxley implementation
·Significant accomplishments include –
o Led the team that placed $500+ million in equity, nearly $2.8 billion in bank facilities and nearly $2.7 billion in private placements and 144A financings, including structured finance arrangements.
o Led successful reengineering projects related to accounting and finance, including new system implementations; customer services, control and production systems; and gas measurement areas all resulting in the significant reduction of costs and improvement of controls.
o Merged the support staff of 4 companies into a centralized services organization saving about $2.5 MM (or 35%) per year.
Sr. Vice President, Chief Financial Officer and Treasurer - July 1990-December 2003
·Financially led Citrus Corp and it’s subsidiaries, Florida Gas Transmission, Citrus Trading (physical and financial natural gas transactions), and Citrus Energy Services (operating and engineering services) from a business with under $200 MM in assets and revenues less than $100 MM to an entity that had over $2.5 billion in assets and nearly $700 million in annual revenues.
·Major responsibility areas included –
o Financial and strategic planning
o Risk management
o Financial accounting and reporting
o Treasury and finance
o Information systems
o Contract management
o Administration
·Chaired reengineering projects related to accounting and finance; market services, control and production systems; and measurement areas resulting in significant cost reductions and control improvements.
·Prepared testimony and appeared before the Federal Energy Regulatory commission.
Vice President Finance, Planning and Administration - July 1986-June 1993
·Major activities centered around coordinating, centralizing and improving all strategic and financial planning, financial, systems and administrative functions to the needs of the individual business entities.
·For the Mojave project, primarily responsible for successful project development through regulatory approval, initial off-balance sheet project financing and construction of a new interstate pipeline inside California. Included original staff and systems setup and establishing all procedures through actual operation.
Various Positions - June 1978 to June 1986
Responsible for budgeting, planning, acquisition and divestiture analysis, operations analysis and administration/facilities services related functions for a company involved in pipelines, gas distribution, hydrocarbons processing, exploration and production and real estate.
Other
Military – Naval Supply Corps Officer/Finance (Captain, USNR)
Education
MBA Finance - University of Central Florida
BS Mechanical Engineering - University of California, Berkeley |
