Operations oriented CFO with strong leadership, communication skills, and demonstrated success in financial, information systems, and special project/transaction management. Board of Directors/Audit Committee Chairman with six-year record supporting shareholder value while maintaining strong internal controls within a public corporation. |
PROFILE An operations oriented Vice President Finance and Chief Financial Officer with strong leadership and communication skills, and a demonstrated record of success in financial, information systems, and special project/transaction management. Board of Directors/Audit Committee Chairman experience with a six-year record of supporting shareholder value while maintaining strong internal controls within a public corporation. Expertise includes: Initial Public Offerings ERP System Implementation Cash Management Acquisitions Tax Planning Financial Reporting Risk Management Strategic Planning
Personal qualities: honest, straightforward, team builder/leader with good judgment, a proven ability to properly prioritize multiple demands and achieve goals.
PROFESSIONAL EXPERIENCE Electronic Instrument Manufacturer 1984-2002 Worlds largest ($53 million revenue) and most profitable manufacturer within market niche. Vice President Finance, Chief Financial Officer, 1994 to 2002 Reported to the President and CEO. Responsibilities included all financial and information system activities. Led team that took company private when public ownership became no longer attractive. Negotiated $27 million line of credit to fund repurchase of shares. Directed company-wide team that selected ERP software and hardware system and implemented on schedule with zero downtime and no decline in customer service levels. Achieved projected payback quicker than originally planned. Led multi-disciplinary technical team in developing the most complicated new instrument in the companys product line. Delivered the product on-time and on budget with the best product launch results in company history. Formally recognized at International Sales Meeting. Served as U. S. management representative on the Board of Directors of an International joint venture that is the companys largest and most profitable international customer. Implemented aggressive tax reduction initiatives that generated annual savings of $400,000 to $500,000. Negotiated reclassification from U. S. Department of Commerce granting export authority without individual licenses per shipment. Directed the MIS function, which included five-member team of network administrators, software and hardware support personnel. Approximately 400 devices attached, world-wide, with 24/7 availability. Treasurer and Corporate Controller, 1984 to 1994 Developed plan and led team that completed initial public offering, including road show presentations document preparation and pricing negotiation. Negotiated financing ($10 million) for construction of headquarters and manufacturing facility. Obtained tax-free seven-day rates for a twenty-year term. Established a separate MIS department and implemented initial ERP system. Directed due diligence and start-up team, which enabled initial purchase of Industrial Safety Division, National Mine Service Company, which created Industrial Scientific Corporation. Established accounting system and all financial controls.
Industrial Distribution and Supply Company. 1996 to Present $150 million industrial gas and welding supplies distribution company (AMEX) Member, Board of Directors: Chairman, Audit Committee, Approve significant corporate action including hiring or replacing corporate officers such as President and CEO. Developed and implemented Audit Committee Charter. Develop and approve overall corporate strategy and direction Ensure integrity of financial control system and accuracy and timeliness of financial reporting. Judge significance of management comments and ensure appropriate corrective action is taken. $500 million steel pipe, rail and construction products distributor 1980 to 1984 Division Controller, 1983-1984 Full financial responsibility for Western Region during consolidation into Southwest Region based in Houston TX. Insured protection of assets and orderly transfer of records. Internal Auditor, 1980-1983 Served on team that completed initial public offering. Served on acquisition and divestiture due diligence and integration teams. Performed operational audits. Assisted public accountants.
U. S. Federal Government, Washington DC Internal Auditor, 1978-1980 Completed financial and operational audits to improve efficiency, internal controls, and regulatory compliance. Served on Office of Management and Budget Debt Reduction Project. (Highly visible and controversial at the time.)
$ 50 million Coated Paper Manufacturer General Accountant, 1976 1978 Cost Accounting Analyst, 1974-1976
EDUCATION BS Accounting, 1978, Deans List (Completed degree in four years at night while employed full time) |