MANAGEMENT / DEVELOPMENT / FINANCE /ANALYSIS
Finance and development professional accomplished in complex domestic and international transactions with particular expertise in business development, management, alternate energy, acquisitions and finance. Experienced in negotiation and closing of large financings and leases. Managed successful turnaround of domestic manufacturer. An agile and intelligent manager with both Fortune 50 experience and small business management experience.
CORPORATE DEVELOPMENT MANAGER
LARGE CHEMICAL CO. 2009-PRESENT
Responsibilities include target identification, opportunity development, diligence coordination, negotiation and execution of joint venture, acquisition and alliance opportunities with primary responsibility for the Performance Chemicals division and Asia Pacific region businesses. Manage divesture processes and maintain active pipeline of growth opportunities. Develop and maintain relationships with Investment banking and M&A advisors.
FINANCE MANAGER
LARGE CHEMICAL CO. 2008-2009
Led financial screening, modeling, feasibility assessment and support for project development and project financings related to gasification projects within the Developing Technologies Division. Active role in acquisition due diligence and opportunity asessment.
USGC petcoke gasification to chemicals and worlds largest carbon sequestration project.
Led screening evaluation of coal gasification to methanol and chemicals project in China.
Member of Contract Review committee.
GENERAL MANAGER
US MANUFACTURER 2005 - 2007
Led turnaround and rebuilding of this $10 million privately held manufacturer of binding materials and equipment following acquisition by private investor group until company sold to competitor. Managed day to day North American manufacturing, sales, distribution and financial operations. Re-established company as market leader on price and quality. Coordinated operations of two plants, four warehouses and a global distribution network. Retained by new owners to manage transition of systems and facilities following acquisition.
Coordinated migration to Navision ERP system production, BOMs, operations integration and sales.
Increased monthly sales average by 27% over two year period.
Increased year to year sales 11% and delivered average EBIT return on sales of 8.0% for 2005-06.
Grew direct online sales revenue at average annual rate of 20%.
CONSULTANT - ENERGY & FINANCE
INDEPENDENT 2002 - 2005
Contracted financial modeling, project finance, auditing, account reconciliation, forensic analyses, contract review, valuation and strategy consultation services. Clients included a select group of project development, financial service and private equity firms.
Completed valuations of US and international M&A transactions in excess of $300 million.
Provided proforma audit and correction services on multi-million dollar project finance models.
Forensic analysis of 35,000 transaction records to identify missing commissions and royalty overrides.
DIRECTOR PROJECT DEVELOPMENT
FORTUNE 50 ENERGY COMPANY 1996 - 2002
Responsible for IGCC, cogen and new business development in EMEA for gas, coal, wind and water powered projects. Coordinated customer, partner, regulator, advisor and lender relationships. Concurrently managed Europe, Middle East & Africa division reporting, planning and financing activities. Supervised US and UK staff responsible for strategic/tactical plan, budget and reporting. Maintained oversight for all analyses, proforma modeling, investment and financing activities for corporate global division.
Led team in restructure of 638 million defaulted IGCC project loan; increased leverage to 90%, doubled project returns and generated over $10 million in cash and $3.0M in earnings.
Pioneered technology license option to reduce customer costs during upfront feasibility and development securing technology license revenues in excess of $40 million.
Managed due diligence activities related to acquisitions involving privatizations, facility acquisitions and new business development alliances within the European sector.
Led project development of a clean coal power facility in UK coal, structured off-take and supply commitments and developed synergies with local enterprises.
MANAGER FINANCE & ADMINISTRATION
FORTUNE 50 ENERGY COMPANY 1991 - 1996
Managed mixed staff of engineering and finance professionals. Served as internal consultant on financial and operational strategy. Prepared budgets, tactical and strategic plans and management presentations, cash flow models, financial proformas, ad hoc financial analyses, capex appropriations, M&A valuations, project finance negotiations and due diligence.
Conceptualized and closed $80 million synthetic lease financing of an IGCC facility, optimizing tax and financial accounting to increase investment ROI by over 10%.
Computerized roll-up of global strategic and tactical plan data to reduce cycle times by 30% enabling more timely feedback and better performance versus plan.
Developed online database for management development portfolio that aligned division resources with project opportunities on prioritized basis monitor and improve asset allocation.
Completed valuation of ethanol business sale, geothermal and wind acquisitions.
Managed project proformas for several gasification and IGCC project developments.
Led rationalization of non-core and under-performing assets within structured review process.
ASSISTANT MANAGER
CORPORATE FINANCE & COMPTROLLERS 1977 - 1991
Participated in major corporate bank and institutional borrowings. Served on Finance committees of several major affiliates. Played critical role maintaining cross-defaulted subsidiary debt during Chapter 11 filing. Held positions of increasing responsibility in the Comptrollers Group responsible for analysis, managed development, and training of economic analysis group for US downstream operations, co-authored company manual on investment analysis and served as in-house financial analysis instructor.
Specific experience with:
Strategic Planning
Financial Modeling
Budget & Forecast
M&A
Project Finance
Valuations
Alternate Energy
Gasification & IGCC
Oil & Gas - Fuels
EDUCATION
University of Notre Dame BBA Accounting (1977) |
