Professional Highlights
· Led issuance of over $400 million in public and bank debt financing for acquisitions, privatization, and reduction of term debt and covenant disposal.
· Completely revamped and restructured the finance / treasury group of a $450 million manufacturer by upgrading talent, professionalism, efficiency, SEC / Sarbanes reporting and accountability in both corporate and field operations.
· Introduced Financial and Operational system changes on a cost benefit basis.
· Drove the financial turnaround of a $240 million commodity chemical operation realizing a $50 million profit from a $6 million loss.
· Implemented an innovative Cash Gap working capital monitoring program reducing working capital by 20%.
· Designated point of contact for all dealings with financial community including equity analysts, bondholders and analysts, banks, rating agencies, financial conferences and road shows.
· Created an International Marine Export Terminal, increasing operational flexibility and efficiency by over 300% in two years and creating $18 million in shareholder value.
· Developed and coordinated recession driven cost cuts of $36 million.
· Created and implemented an acquisition assimilation discipline which increased the velocity and more than doubled the synergy achievement rate.
· Orchestrated growth strategy through privatization of company creating access to over $125 million of acquisition equity.
· Uncovered $750,000 WIP problem avoiding significant loss and introduced more disciplined accounting controls.
· Built complete logistics group for $260 million acquisition including purchasing, customer service, rail, trucking, barge, ship charter and export terminal.
· Managed global financial operations of 8 wholly owned subsidiaries and three joint ventures throughout Europe, Canada, Mexico, India, Latin America and the Pacific Rim
· Increased liquidity availability by 40% providing vital cushion in preparation of industry downturn.
· Achieved $16 million in cost savings from 4 acquisitions totaling over $450 million in revenue.
· Co-managed company growth from $125 to $450 million through 11 acquisitions ranging in price from $5 to 95 million.
Executive Summary
Resolute Executive with strategic domestic and international public / private accounting experience in Finance, Manufacturing Operations, and Mergers and Acquisitions. Outstanding record of success in creating added value for diverse organizations. An entrepreneurial financial leader known for his ability to innovate and drive change in any environment.
Professional Background
Mid west Manufacturing Company 1997 to 2003
Vice President and Chief Financial Officer
Accountable for the financial operations and systems of a (formally public) privately held $450 million, multi-division manufacturer and distributor of metal, forming systems, and chemicals for the construction industry.
· Led issuance of over $400 million in public debt financing for acquisitions, privatization, and reduction of term debt and covenant disposal.
· Co-managed company growth from $125 to $450 million through 11 acquisitions ranging in price from $5 to 95 million.
· Orchestrated growth strategy through privatization of company creating access to over $125 million of acquisition equity.
· Reduced working capital by 20% through the implementation of a Cash Gap monitoring program.
· Revamped and restructured the finance group upgrading talent, efficiency, productivity and professionalism in both corporate and field operations resulting in reduced turnover.
· Developed and coordinated recession driven cost cuts of $36 million.
Mid West Investment Group 1994 to 1997
President
Private investment and consulting group established to acquire companies in the Chemical, Medical and Industrial sectors both in the US and Europe.
Harris Chemical Group, Overland Park, KS 1990 to 1994
Senior Vice President
A privately held, $1.2 billion, international holding and operating company in the commodity and specialty chemical businesses. Positions included Vice President of Consolidation, President of Group Logistics, President of North American Terminals, and Senior Vice President.
· Created an International bulk chemical export terminal increasing operational flexibility and efficiency by over 300% in two years and creating $18 million in shareholder value.
· Achieved over $16 million in cost savings from 4 acquisitions totaling over $450 million in revenue.
· Built complete logistics group for $260 million acquisition including purchasing, customer service, rail, trucking, barge, ship charter and export terminal.
· Successfully completed operational negotiations for the acquisition of three companies with total revenue of $400 million.
The Henley Group of Companies, Hampton, NH 1980 to 1990
Held various positions in four subsidiaries of this publicly held $1.0 billion international conglomerate.
General Chemical Company, Parsippany, NJ 1987 to 1990
Controller
Accountable for the operational control of the Soda Ash and Calcium Chloride Group.
Drove the financial turnaround of a $240 million commodity chemical operation realizing a $50 million
Profit from a $6 million loss.
Wheelabrator International Inc., South Bend, IN 1983 to 1987
International Controller
Managed global financial operations of 8 wholly owned subsidiaries and three joint ventures throughout Europe, Canada, Mexico, India, Latin America, and the Pacific Rim.
Whiting Corporation, Harvey, IL 1981 to 1983
Director of Financial Planning and Analysis
Wheelabrator International (UK) Ltd., England 1980 to 1981
European Controller
Responsible for $100 million revenue operations of ten international subsidiaries and one joint venture.
Stone Platt Industries, Luton, England 1978 to 1980
Divisional Management Accountant
Responsible for consolidated management accounts of this manufacturer of pumps for the petro-chemical and water industries.
Monotype Corporation, Horley, England 1974 to 1978
Management Accountant
Responsible for all cost accounting for this manufacturer of mechanical and electronic digitized typesetting equipment.
Sandusky Foundry and Machine Company, Glenrothes, Scotland 1971 to 1974
Controller
Education and Training
Fellow Member of the Chartered Institute of Management Accountants
Edinburgh College of Commerce
Penn State University - Executive Industrial Marketing Program
John G. Kinkaid Marine Engineering School
Board Memberships
PA State Tire and Rubber Tire Company |
