Senior executive with strong administrative and financial skills in privately-owned and publicly-traded companies. Proven track record in leadership, team building, acquisitions and divestitures, and finance. Skilled in GAAP, treasury management, SEC compliance reporting, risk management, human resource admininstratiion, and Sarbanes-Oxley. |
CHIEF FINANCIAL OFFICER Experienced in Leadership, Team Building, Acquisitions, and Financial Analysis
Results-oriented senior management professional with the reputation of a goal-oriented visionary, high integrity, and effective communicator. Effective in reorganizing, streamlining, and strengthening operations to maximize performance and profitability. Responds to operational and financial challenges with confidence, determination, and focus. Strong qualifications in general management, business planning, and revitalization of employee morale and corporate culture. Develops proactive working relationships with board, investors, lenders, customers, vendors, and other personnel critical to growth, expansion, and profitability. Skilled in turnarounds and bankruptcy reorganizations.
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Executive Leadership Competencies
Financial Planning, Analysis & Reporting Organizational Leadership & Development New Product & Market Channel Expansion Productivity & Efficiency Improvement Mergers, Acquisitions & Divestitures Cost Accounting & Cost Reduction Human Resources/Risk Management Board Director, Audit Committee New Enterprise Start-Up/Launch Investor/Lender Presentations Cash & Inventory Management Strategic Planning & Growth Manufacturing Operations Regulatory Compliance Crisis Management IPO Road Shows ====================
RELEVENT PROFESSIONAL EXPERIENCE
President & CEO 2004-2005 Chief Financial Officer/Treasurer/Sr. Vice President 1999-2004 (XXX) A holding company with six portfolio companies in the automotive aftermarket generating revenues of $40 million and an employee base of 500.
Joined early stage holding company to provide financial and operational leadership to accelerate growth, expansion and diversification. Focused efforts on developing investor and banker relationships, strengthening corporate business infrastructure, introducing sound financial policies, and integrating new acquisitions. Fully accountable for P& L with complete oversight of manufacturing, finance, marketing, sales, engineering, product development, and human resources.
• Recruited to lead organization, gain financial control, and provide stability during CEO departure. • Member of senior management group that acquired and managed six multi-site manufacturing companies. Acquisition values of $32 million. • Influential in strategic decision to exit business and sell all companies as an alternative to Chapter 11 reorganization. All business units were subsequently sold to strategic buyers. • Introduced “key performance” metrics to measure ROI, growth, productivity, and profitability • Conducted an all encompassing profitability review by product, customer, and market channel. • Trimmed product cost 25%-40% by selective outsourcing of labor-intensive manufacturing. • Designed and implemented stock option plan, 401(k) retirement plan, and performance-based EVA bonus program for all business units. • Developed a “Board of Directors” monthly reporting financial package for corporate officers and debt/equity stakeholders. Reporting package was used by stakeholders as the “standard” for a number of their clients.
Chief Financial Officer and Treasurer 1997-1999 (XXX) A $113 million, 620 employee manufacturer and distributor of automotive accessories.
Recruited by Board of Directors to assume responsibilities of Chief Financial Officer for the merged entities of XXX and XXX with multi-site manufacturing and distribution located in eight states. Directed all activities and functions of finance, treasury, risk management, investor relations, and regulatory reporting.
• Tasked with coordination of integrating and merging XXX with revenues of $72 million into XXX with pre-acquisition revenues of $40 million. • Achieved synergistic merger savings exceeding $2 million. • Acquired two add-on automotive accessory companies with acquisition values exceeding $80 million.
Chief Financial Officer and Treasurer 1995-1997 (XXX) A $72 million, 620 employee manufacturer and distributor of automotive accessories. Reported to the Board of Directors of a publicly traded company with manufacturing, engineering, sales, distribution facilities and subsidiary companies located in five states. Scope of responsibilities included finance, treasury, human resources, risk management, investor relations, information systems, and regulatory reporting.
• Instrumental in selling the company to another Nasdaq automotive accessory company (XXX). Investors realized $77 million in shareholder value. • Renegotiated revolving line of credit from $6 million to $21 million based on LIBOR financing.
Chief Financial Officer 1992-1994 Controller 1988-1992 (XXX) A $50 million, 620 employee manufacturer and distributor, of automotive accessories. Reported to President & CEO of a publicly traded manufacturing company with engineering centers, and sales offices located in North America and Europe.
• A member of a management team that transformed a failing LBO with a $3 million annual loss to a profitable operation in less than nine months, and subsequently to a publicly traded company raising $15 million for debt retirement and international expansion. • Managed the sale of a major product line and division with $25 million in sales. Appointed Division Manager for transition of divestiture to new owners. OTHER RELEVANT EXPERIENCE • Chief Financial Officer of a $50 million service company that provided business driven technology solutions to organizations that were migrating to distributed, open-systems computing platforms. • Controller of manufacturing divisions of Fortune 500 companies – XXX and XXX. • Senior auditor with (Big Four CPA firm).
EDUCATION & PROFESSIONAL ORGANIZATIONS
XXX XXX University – Bachelor of Science American Institute of Certified Public Accountants |