C-Level finance executive of a public company with operating and turnaround experience, a track record driving change, growth and shareholder value • 20 years developing innovative strategies that produced over $1 billion of economic value. • JD, MBA and CPA |
C-Level finance and operations executive of a large multinational public company with a track record of driving growth and improving shareholder value
• Over 20 years developing and implementing creative and innovative business strategies and transactions that produced over $1 billion of economic value.
• Successfully lead numerous merger, acquisition and divestiture teams.
• Redesigned finance and other corporate support functions to streamline processes and significantly lower costs.
• Lead organizational teams to successfully turn-around various international and domestic companies.
• Secured favorable rulings and determinations from the IRS and various state and local government entities saving millions of dollars in taxes.
• Developed and implemented strategy to comply with Sarbanes Oxley.
• Drove vertical market strategy to transform outsourcing business into a growth business.
• Juris Doctor, MBA and CPA, with SEC, Tax, Treasury, Legal and Analyst experience.
• A history of promotions to positions of increasing responsibilities.
Professional Experience:
Executive Vice President and Chief Financial Officer Large International Aftermarket Automotive Comapny- June 2007 to Present leading a trurnaround that improved the company's operating profit by over $10 million.
Restructured business operations to improve business performance.
Lead company through a major natural disaster including helping operations recover in less than 10 days and negotiating a favorable $52 million insurance settlement in less than 6 months.
Helped provide interim financing for the troubled business and negotiated various settlements to keep business operational despite adverse market conditions in both the auto industry and credit markets.
Transformed finance group by reducing staf and driving operational focus.
Responsible for all external reporting.
President Division of Fortune 500 company - January 2005 to May 2007: Leading the company’s legal vertical market business which accounts for approximately 20 percent of the company’s outsourcing revenue and labor base.
• Transformed declining outsourcing business into a growth oriented technology business delivering new solutions and superior customer value.
• Implemented new scanning, software and technology solutions to improve profitability and expand the company’s service offering.
• Accelerated growth by acquiring various technology companies.
• Developed and implemented strategies to create one of the leading providers of litigation support services in the US and enabling the company to participate in the high growth electronic discovery and web hosting markets.
• Launched new knowledge management service for legal and commercial clients.
Vice President Finance and Chief Operations Officer Fortune 500 Company - May 2003 to January 2005: Chief Financial Officer and Chief Operating Officer for the $1.5 billion segment of the company that included Business Services, Financial Services and Document Messaging Technologies.
• Overseeing and driving strategy to deliver over $400 million in EBIT.
• Implemented expense reduction initiatives saving over $75 million in expenses.
• Responsible for all public reporting for $800 million equipment leasing business.
• Represented the company before various rating agencies and helped wind-down a $700 million aircraft leasing business while maintaining company’s AA rating.
• Began the process to spin-off $7 billion of Capital Services leasing assets.
• Implemented Lean Six Sigma improving results and customer acquisition.
• Provided oversight and technical support to the tax functions of the Company as an officer of Pitney Bowes Inc.
Vice President Finance, Controller and Chief Tax Counsel - Chief Accounting and Tax Officer for Fortune 500 Company - February 1996 to May 2003: Responsible for all financial reporting, budgeting and planning, including all SEC and tax reporting. Managed external audit relationship and served as Secretary to Finance Committee and for two years Secretary to the Audit Committee. Directed the Strategic Planning and Audit Departments for approximately three years and Treasury for about two years.
• Developed strategy to improve and then maintain the company’s AA credit rating.
• Lead acquisitions of numerous companies including SECAP ($200 million), Bell and Howell International ($40 million) and others.
• Developed and implemented a share repurchase program substantially improving profitability and shareholder value.
• Restructured the company’s Australian operations and saved over $30 million
• Implemented various tax planning strategies improving earnings by over $60 million annually and substantially improving cash flow.
• Established and implemented initial plan for Sarbanes Oxley compliance. .
• Establish the first long-term financial plan to grow business and improve shareholder returns.
• Drove restructuring initiatives to improve profits and substantially reduce expenses saving the company over $200 million while establishing funds to help grow the business into new service offerings.
• Lead numerous initiatives to improve internal and external reporting and forecasting implementing Hyperion, SAP and other new technologies.
• Participated in the spin-off of the company’s copier business and successfully represented the company through the SEC approval process.
• Member of the Board of Directors of various subsidiary companies.
• Served as Chairman of the company’s largest holding company with over $1 billion of assets.
Assistant Treasurer and Chief Tax Counsel Fortune 500 Company. - January 1990 to February 1996: Directing all tax and various financial aspects of the business including acquisition planning.
• Lead numerous tax and financial initiatives that significantly improved the profitability of the company.
• Lead role in various acquisitions and divestitures.
• Restructured the legal ownership of various foreign subsidiaries to save over $200 million, while substantially lowering the effective tax rate through foreign and domestic tax planning saving the company over $50 million annually.
Other Positions with Fortune 500 Company: Director Tax Planning and Research, May 1987 to January 1990; Manager Accounting and Taxes, March 1985 to May 1987, Manager Income Taxes, January 1982 to March 1985, Senior Income Tax Specialist August 1980 to January 1982
Education: Pace University School of Law - Juris Doctor, Pace University Lubin Business School - MBA Taxation, Baruch College BBA Accounting
Professional Memberships and Certifications: CPA, Member of the NY and CT Bars
Community Activities: Served on numerous boards including Stamford Achieves, Stamford Public Education Fund, Former Vice Chairman Stamford Chamber of Commerce, Company Sponsored Relief Fund and more.
Interests and Activities: Golf, skiing, coaching youth hockey
Volunteer Experience: Established various initiatives to help improve public education in Stamford, including an executive mentoring program.
Awards Received: Urban League Community Service Award, Heart of Gold Award
Other: Six Sigma Green Belt Trained |
