CFO Focused on Valued Creation

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Position
CFO Focused on Valued Creation
Location Confidential
No
Location
No preference
Willing to Relocate
Yes
Industry
Electronics-(SeeAlsoComputers/Aerospace)
Function
FINANCE--CFO/Control/Acctg./Treas./Tax,etc.
Compensation
$200,000 to $400,000

Resume Summary
Seasoned Strategic Finance Executive with extensive public, private-equity backed and global company experience in multiple industries, including financial services, high-tech manufacturing, energy and consumer products. Successfully delivered results through: Creating business value; restoring focus, vitality and profitability and driving growth/expansion

Resume Body      CFO FOCUSED ON VALUED CREATION

TRANSFORMATIONAL LEADERSHIP THAT DRIVES GROWTH AND SUSTAINABILITY

Hands-on Finance and Strategy Executive with extensive public, private equity-backed and global company experience in the financial services and diverse high-tech manufacturing segments. Expertise spans all facets of Finance and Treasury with special emphasis in acquisitions, private equity and debt financing. Direct involvement with boards of directors, investors, investment banks and private equity firms. Respected leader known for intellectual horsepower, strategic acumen, business partnering and ability to recruit/retain highly engaged employees. Available for relocation.
Creating Business Value: Delivered through organic growth, $2B+ M&A, profit optimization and enterprise restructuring.
Restoring Focus, Vitality and Profitability: Turned around underperforming companies to support high double-digit growth at both Suntron Corporation and Iomega Corporation.
Driving Growth/Expansion: Initiated entry into new markets generating $500M sales at Scottsdale Insurance.
Core Competencies that Optimize Potential

Strategic Planning and Execution
Mergers and Acquisitions
Organic Growth Acceleration
Restructuring
Capital Structure Optimization
Six Sigma Reengineering
Complex Negotiations
Investor/Analyst Communications
Product and Customer Management Strategies
Finance Experience in Europe and Asia
Audit and Corporate Governance

A Career of Increased Profitability and Shareholder Value

ABC INSURANCE COMPANY  New York, NY 2012 - Present
$1.5B global Property and Casualty(P&C) Insurer

CFO
Selected for a newly created role to strengthen the financial organization to enable the company to go public. Developed comprehensive department structure. Laid out standards, processes, controls, reporting and compliance requirements for potential IPO. Developed accounting and audit processes. Oversee 20 professionals and $15M budget



XYZ INSURANCE COMPANY  Scottsdale, AZ 2005  2012
$2B industry-leading Excess and Surplus (E&S) Insurer. A subsidiary of Nationwide Insurance.
CFO AND TREASURER
Shifted company into customer-centric thinking and new market segments by leveraging brand and market-leading position. Led 75 staff across full-scope Finance function, including strategy, financial planning and analysis, risk and continuity management, capital investment leadership, controllership, reinsurance and agency services.
Initiated diversification prior to 2007 market downturn. Drove strategic market analysis that resulted in a pipeline of opportunities generating more than $500M in profitable premiums, offsetting decline in core business.
Led two acquisition efforts and integration of talent for Professional Liability products. Ramped business from $0 to more than $300M and achieved profitability in three years.
Enhanced profitability by balancing risk/return characteristics, optimizing capital allocation from parent company.
Established company, brand and product growth/profitability strategic goals over three- and five-year horizons. Launched related initiatives to align business resources and capabilities with key client expectations and strategic goals.
Achieved top quartile engagement and 98% Finance Associate retention for three years by championing professional growth, creating advancement opportunities and enhancing the role/perception of Finance within the business.



SUN CORPORATION  Phoenix AZ 2000  2005
$450M Nasdaq-traded electronic manufacturing services company. Re-capitalized by two private equity firms.
CHIEF FINANCIAL OFFICER AND TREASURER
Recruited to lead financial turnaround of newly re-capitalized company bleeding cash and profits ($90M loss in 2000). Directed all financial functions  financial reporting, treasury management, internal audit, strategic and financial planning and Sarbanes-Oxley. Led team of 40 geographically dispersed professionals.
Turned $90M loss (2000) into $15M gain (2001).
Renegotiated contract with largest customer, generating higher profits, improving cash flow and establishing foundation for business turnaround.
Refinanced $75M asset-based line of credit with major global banks. Created additional capacity to fuel future growth.
Recruited entirely new staff  20 positions in four months.
Saved $50M annually through major restructuring: closed four facilities and cut headcount 60% while improving internal controls over financial and operational reporting.
Acquired three businesses generating $75M sales and $10M profit (vs. average industry margin of 1-2%).

IOM CORPORATION  Roy, UT 1996  2000
$1.7B manufacturer of removable storage drives and media, including the Zip Drive.
VICE PRESIDENT, FINANCE/CORPORATE STRATEGY AND SALES AND MARKETING, 1999  2000
Provided financial leadership for three P&L segments, Americas sales and marketing organizations, and global forecasting. Championed development and executive presentation of strategic business plans focused on improved profitability while ensuring sustained competitive advantages. Led team of 20 professionals.
Improved product profitability by +$20M through price elasticity analysis and channel cost reduction.
Led diversification into new technologies (e.g., CD-RW) to expand brand leverage and enhance product portfolio.
Generated 75% increase in sales forecast accuracy and process cycle-time reduction through process mapping and redesign.
VICE PRESIDENT, FINANCE  ZIP PRODUCTS, 1998  1999
DIRECTOR, FINANCE  GLOBAL OPERATIONS AND JAZ PRODUCTS, 1996  1997
Recruited to develop manufacturing capacity and talent pool to grow unique $1.2B Zip and $500M Jaz product lines. Global P&L responsibility focusing on profitable growth, product cost optimization and product planning.
Key leader of companys financial turnaround  through product repositioning and more than $100M in product cost reductions.
Generated volume growth via major acquisition  from $200M to $1.2B in a single year.
Instilled rigor in financial decision-making and broader view of capabilities needed for success across the business.
EARLY CAREER: GENERAL ELECTRIC COMPANY (GE) 1984  1996
Progressed through corporate audit, international JV and financial management roles at the $150B conglomerate.
MANAGER, MATERIALS AND LOGISTICS/FINANCE MANAGER, OPERATIONS,
GE SILICONES, Waterford, NY, 1993  1996
Led 100-member global team to revitalize sales growth and order execution processes. Increased on-time delivery 25% while reducing overdue backlog 67%. Implemented "core account management" platform within Customer Service for $20M incremental sales. Reduced outsourcing premiums +30% and number of suppliers 25%.
CFO AND FINANCE DIRECTOR  SALES, MARKETING AND TECHNOLOGY,
GE TUNGSRAM, Budapest, Hungary, 1991  1993
Developed growth, cost control and asset management operating reviews for $400M JV between GE Lighting and the Hungarian National Bank. Delivered 50% revenue increase and product cost reductions ranging from 40-70%. Realigned finance team to better support strategic initiatives.
STAFF AUDITOR/SENIOR AUDIT MANAGER, GE CORPORATE AUDIT STAFF, Schenectady, NY, 1987  1991
Managed up to 15-member audit teams on financial and process reengineering reviews at 20 domestic/eight international businesses. Corporate Audit Staff is GEs vehicle for executive development.
FINANCIAL MANAGEMENT TRAINEE AND ANALYST, GE NUCLEAR ENERGY, San Jose, CA, 1984  1987
Selected for prestigious GE Financial Management Training Program. Received honors in all three classes, finishing #1 (of 200) in the program.
Education

BS, Business Administration/Finance with Great Distinction, San Jose State University, San Jose, CA
Professional Affiliations
Financial Executives International  Arizona Chapter
Finalist, 2010 CFO of the Year, Arizona
Six Sigma Certified
Board Chairman, American Heart Association, Phoenix Metro Chapter, 2009-2011
Selected for National Insurance Committee, 2012

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CFO Focused on Valued Creation

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