Expertise
Finance Department Management Chief Financial Officer
Strategic Business Planning Expense and Spending Controls
Financial Forecasting Financial Presentation and Education
Management Reporting Change Management
Profit and Cash Flow Improvement Making meaning out of confusion
Results
-Initiated cost-reduction programs saving over $100M annually and generating over $400M in cash flow.
-Generated high double-digit same-store sales growth at start-up Hispanic financial institution.
-Implemented new financial systems at two different companies.
Recognized for
Effective Execution – People Development – Dynamic Presentations – Technical Savvy
Professional Experience
Banuestra Financial Corporation, Atlanta, Georgia 2004-Present
A new category financial institution focused on the needs of the Hispanic community. We also provide consulting services to financial institutions across the United States.
Senior Vice President, Chief Financial Officer
Reporting to the CEO, responsible for all accounting, financial reporting, and performance management.
-Created the model for valuing the business for equity-raising activities.
-Launched a performance metric system to monitor branch results.
-Managed the effort to take the company public.
-Converted the company’s accounting to Microsoft Dynamic GP in preparation for more stringent Sarbanes-Oxley requirements.
Eastman Kodak Company, Rochester, New York 1981-2004
Premier worldwide imaging company providing solutions to both consumer and commercial markets.
Vice President Finance, Consumer Imaging, U.S. and Canada Region, Georgia, 2000-2004
CFO for the largest division of Eastman Kodak and its largest region. The $3.5B product line included all film, camera, and paper products as well of photofinishing services.
-Managed group of fifty-five finance professionals and assistants across two countries and three locations.
-Cost-improvement programs saved $125M, reduced inventory from $600M to $350M and reduced days sales outstanding from 51 days to 41 days.
-Simplified go-to-market model and reduced trade funding from $800M to $350M over a two-year period.
-Downsized the financial department 30 percent, but lost no key talent while the best were promoted
Director, Corporate Financial Planning and Analysis, New York, 1995-2000
Responsible for the company’s Annual Operating Plan, Strategic Quantification Process and quarterly earnings announcement analysis, supporting the CEO, COO, and CFO.
-Promoted three times in five years, eventually reporting directly to the CFO.
-Guided a worldwide team of fifty people to develop a Global Financial Data Warehouse, completed on time, and eliminated legacy information systems.
-Directed efforts to reduce company headcount by 20,000 and costs by $750M. Determined how much reduction should come from each company function and measured progress against goals.
Director, Finance, Entertainment Imaging, New York and California, 1991-1995
Worldwide CFO for $500M business focused on product and services for the entertainment industry, managing a group of seven finance professionals and assistants.
-Annual sales increased to $650M by the end of my tenure. Earnings improved from $85M to $150M per year.
-Negotiated multi-million dollar supply contracts with the major motion picture industry players.
-Developed a negotiation package that was used by sales representatives to aid them in winning business.
Senior Financial Analyst, Professional Imaging, New York, 1989-1991
Worldwide $3B division providing products and services to the professional photographic market.
-Designed an interactive strategic planning model that allowed management to understand how much economic value could be created by improving the key value drivers of the business.
-Researched and developed an Electronic Products Study which provided benchmarks for developing and launching a professional line of digital cameras. The study was instrumental in making the camera line successful.
Marketing Coordinator, Datashow Projection Products, New York, 1987-1989
Lead marketing position for a newly-introduced line of products that enabled computer screens to be projected with the use of overhead projectors or portable video projectors.
-Built co-marketing relationships with Apple Computer, Microsoft, and other companies interested in desktop presentations.
-Developed a standard for an infrared remote control for computers adopted by Microsoft, Symantec, and others. The product was a complete success, selling out in the first four months.
Financial Analyst, New York and Colorado, 1981-1987
-Built a reputation for dynamic presentations, thought leadership, and an expertise in utilizing personal computers.
-Lobbied for bringing personal computers into the workplace and designed many software applications to enhance productivity using Microsoft Basic, Lotus 1-2-3, Microsoft Excel, IFPS, and other programming languages.
EDUCATION:
MBA, Carnegie Mellon University, Tepper School of Business, 1981
BS with Honors, Carnegie Mellon University, 1979
Electrical Engineering and Business Administration
UNIQUE:
I was assessed in 2002 by Personnel Decisions International and received the highest conceptual reasoning score they had seen in six years, verifying my high level of strategic thinking and ability to make meaning out of confusion.
I am also a game inventor. The game “Now We’re TalkingTM” was introduced to select markets in 2006. |
