PROFILE 19 years senior executive experience with public and private companies Extensive experience with public and private investors and analysts $1 billion in successful equity and debt financings and restructurings 31 acquisitions and divestitures valued at $1.2 billion Broad international experience
EXPERIENCE
MULTINATIONAL STAFFING COMPANY 2000 to Present Multi-billion-dollar multinational, staffing company. Chief Financial Officer, Group (2008 to Present) Executive Vice President & Chief Financial Officer, Subsidiary Manage finance and accounting, IT, billing, payroll, credit and collections, contracts and compliance, facilities and site logistics, and safety operations for $350 million group, including 55 people and 11 organizations. Report to President of the group. The group includes three separate subsidiaries. Executive Vice President & Chief Financial Officer, Subsidiary (2005 to 2008) Managed finance and accounting, IT, billing, payroll, credit and collections, contracts and compliance, facilities and site logistics, and safety operations for $230 million staffing subsidiary. Reported to Chief Executive Officer. Completed four acquisitions and divestitures valued at $130 million. Again relocated company headquarters without disruption of field operations. Completed development and implementation of SOX required procedures and controls. Completed migration to Lawson financial systems and third-generation staffing systems. Executive Vice President, Chief Financial Officer & Director, Staffing Company (2000 to 2005) Managed finance and accounting, investor relations, IT, billing, payroll, credit and collections, contracts and compliance, facilities and site logistics, and safety and risk management operations for $130 million privately-held construction staffing company. Reported to Chief Executive Officer. Achieved highest profit margins in staffing industry and 8X return on shareholder investment. Restructured $25 million credit facility. Relocated company headquarters without disruption of field operations. Strengthened financial controls and information systems.
MULTINATIONAL INDUSTRIAL SERVICES COMPANY 1996 to 2000 Executive Vice President & Chief Financial Officer $250 million multinational, industrial services company. Managed finance and accounting, investor relations, IT, HR, risk management, facilities and purchasing operations, including 70 people and 11 organizations. Reported to Chairman and Chief Executive Officer. Raised $200+ million publicly traded high yield debt and bank financing. Designed and constructed 130,000 square foot, 20-acre headquarters facility. Completed two acquisitions valued at $70 million. Strengthened financial controls and information systems. Implemented full line of Oracle software products in six months.
MULTINATIONAL SOFTWARE COMPANY (NASD) 1992 to 1996 Vice President & Chief Financial Officer $90 million multinational, applications software company, acquired by NASD-listed company. Managed finance and accounting, investor relations, legal, IT, HR, risk management, facilities, manufacturing, and distribution operations, including 40 people and 10 organizations. Reported to Chairman and Chief Executive Officer. Tripled company market value. Raised $40 million equity and debt capital. Reengineered operations, reducing operating expenses 30%. Strengthened worldwide financial controls and information systems.
MULTINATIONAL SOFTWARE COMPANY (NASD) 1989 to 1992 Vice President & Chief Financial Officer $40 million multinational, database and development software company. Managed finance and accounting, investor relations, legal, IT, HR, risk management, facilities, manufacturing, and distribution operations, including 25 people and six organizations. Reported to President and Chief Executive Officer. Raised $10 million equity capital and doubled equity value. Negotiated and formed Japanese joint venture with Sumitomo group company. Relocated company headquarters without disruption of field operations. Implemented worldwide financial controls and information systems.
NATIONAL HEALTHCARE COMPANY 1988 to 1989 Vice President & Treasurer $500 million healthcare company, operating 20 hospitals nationwide. Recruited by crisis management firm to direct treasury and corporate finance operations during successful turnaround, including restructuring of $750 million debt.
MULTINATIONAL SOFTWARE COMPANY (NYSE) 1981 to 1987 $140 million multinational, systems software company, acquired in by NYSE-listed company for $830 million (6X revenue / 50X earnings). Treasurer (1984 to 1987) Managed treasury, risk management, credit, real estate and corporate finance operations. Contributed 45% of earnings throughout $700 million increase in market value. Managed $110 million investment portfolio and 15-currency hedge program. Completed 25 acquisitions and divestitures valued at over $1 billion. Raised $60 million acquisition financing. Vice President, Finance & Administration, Subsidiary (1983 to 1984) Responsible for acquisition and integration of application software company. Directed all financial, legal, HR and facilities operations. Assistant Treasurer (1981 to 1983) Responsible for treasury, risk management, credit and real estate operations. Organized company-wide financial planning function.
ELECTRONIC EQUIPMENT MANUFACTURER (NASD) 1978 to 1981 Electronic equipment manufacturer, acquired in 1981 by multinational company. Financial Planning Manager (1979 to 1981) Responsible for industry and competitive analysis, and analytical support of executive locations. Organized company-wide financial planning function. Financial Analyst (1978 to 1979) Responsible for financial analysis and control of major new product development and production. Implemented company-wide budgeting process.
INSURANCE GROUP 1976 to 1978 Financial Analyst Property and casualty insurance group. Provided financial analysis and systems support. Managed IT support for all user departments. Heavily involved with major systems conversion from on-line to in-house IT environment.
EDUCATION, CERTIFICATION & MEMBERSHIPS
MBA, Finance, 1976
BS, Economics, 1975
Certified Public Accountant, 1978
American Institute of Certified Public Accountants California Society of Certified Public Accountants Texas Society of Certified Public Accountants Financial Executives Institute |