Connect - egstauber@yahoo.com 708-308-3977 My Unique Value Position: I am an executive manager with over 10 years experience in credit, finance, turnaround/workout management and sales. My passion is transforming troubled or non-existent credit functions and leading initiatives that enhance sales, improve operations and increase the bottom line. I have domestic as well as international credit and sales experience in Europe, China, Mexico and South America. Specialties: Cash flow problems, forecasting, turnaround, credit, accounts receivable, managerial finance, best credit practices, risk management, credit risk, managerial finance, executive management, financial reporting, business development How I Add Value: - Leverage the credit function to improve operations, - Significantly improve key working capital metrics, - Align the credit function with the growth of the rest of an organization. Contact me to see how I can help your company with your cash flow, turnaround and best practice needs.

Director - Credit, Collections and Accounts @ From July 2014 to Present (1 year 4 months) Chicago, IlDirector, Credit and Collections @ Lead 32-person department with 6 direct reports. Responsible for Order-to-Cash process which includes Credit, Collections, Deductions, Cash Application and Rebates. Updated, retooled entire policy and procedure, emphasizing accountability and focus, as well as using the credit function to drive sales. Partnered with new owners to implement best practice and synergize credit and finance into one cohesive team. • Present summary accounts receivable (AR) results and collection forecasts to upper management on a monthly basis, while making recommendations concerning risk, accruals and sales opportunities. • Act as a liaison to Dart Container staff as well as Solo’s IT group as it relates to company-wide SAP conversion. Contribute to the mapping of process around the entire Credit and order-to-cash functions. • Strive to lead an inspired, engaged team – accounts receivable (AR) results consistently at or above company goals. Percent current consistently at or above 93% while credit files are consistently updated within policy. • Created partnership with sales in order to grow existing business, cultivate new accounts and provide exceptional customer service. From 2012 to 2014 (2 years) Lake Forest, ILRegional Credit Manager @ • Ensure all credit and collection activities adhere to policy in relation to the Florida and Southeast sales regions. • Consistently monitor accounts receivable (AR) activity with Division Credit Managers to guarantee all accounts with exposure over $100 thousand are credit compliant and within terms. • Compile period-end AR data in order benchmark to historical trends. Present summary data to Regional Presidents, Regional CFO’s to keep executive management apprised of changes, as well as to strategize ways to prevent losses on large dollar, high risk accounts. • Support and advise Division Credit Managers on a variety of collection related issues – includes collection strategies for past due accounts, security options on high risk customers and assistance with bankruptcy and settlement issues. From 2010 to 2012 (2 years) Rosemont, ILCredit Manager, National Accounts @ • Led centralizion and retooled entire credit function as it pertained to National Accounts and North Star. Managed all credit activities for the National Accounts and North Star accounts receivable (A/R )portfolios, which represents $13 billion in annual sales. • Cut operations cost by nearly 50%, while meeting or exceeding key credit and collections outputs. One year after centralization, decreased bad debt reserve by $2 million. Total percent of current receivables in 2010 rose from 84% to 92%, which lead to DSO decreasing by two days. • Heavily enamored in the sales process across all business units - includes hospitality, restaurant, franchise, education, government and healthcare. Spearheaded in creating communications pipeline between sales and credit, while providing recommendations throughout the prospecting process. • Worked with Financial Analysts to bring entire National Account portfolio up to date and in compliance. National Account portfolio moved from zero to 93% compliance within one year, while simultaneously mitigating risk across the entire National Account customer base. • Collaborated with General Counsel to identify National Accounts with incomplete and/or expired sales contracts. Communicated findings with sales and marketing with the intent of re-establishing key accounts under mutually agreeable contracts. From 2009 to 2010 (1 year) Rosemont, ILRegional Credit Manager @ • Moved total number of current A/R from 71% current to 85% during a 9-month period, resulting in a $5M cost of carry savings. • Mentored staff to mitigate risk of over 1,000 accounts; adjustments resulted in over 300 new sales prospects. • Worked with Sales, IT and Finance to improve the auto release rate of orders; improved release rate from 15% to 78% within a 6 month period. • Spearheaded conversion from AS400 and Lawson systems to SAP. Migration included beta testing and training of Credit Analysts and Inside Sales staff. Worked with SAP implementation group to work through and reconcile issues pertaining to each rollout phase. From 2006 to 2008 (2 years) Greater Chicago AreaCredit Manager @ • Eliminated virtually all high risk, bad debt accounts within 6 months of assuming control of the department. Recovered nearly $500 thousand earmarked for bad debt without the use of an outside collection agency; automated collection activity through utilization of web-based dunning service which lowered headcount by 20%. • Created strong credit policy; reduced over 60-day receivables in the Medication Software group from over $1 million to under $150 thousand in a six-month period. • Credit team scored highest overall rating from CFO during mid-year evaluation of the finance group. Managed to increase both collection efforts and credit reviews without adding additional headcount. From 2004 to 2006 (2 years) Greater Chicago AreaConsultant - Credit and Collections Manager @ • 9-month assignment involving relocation of credit and collection functions for the Tropicana business unit. Insure daily work flow and long term credit objectives remained uninterrupted during transition. Consistent follow-up with upper and middle management to guarantee all facets of the transition exceed expectation. • Transferred Credit function from Chicago office to Plano distribution center, both on time and under budget. • Maintained a 91% currency rate during migration of the department; able to deliver seamless conversion, without affecting customer deliveries or sacrificing service. From 2004 to 2004 (less than a year) Senior Credit Analyst @ • Adapted best practices to accommodate clients; set appropriate terms, production dates to insure high visibility titles hit their street dates on time. International credit experience including China, Europe, Mexico and Brazil. • Played major role in the development and roll-out of PeopleSoft-based automated dispute system, as well as lead group through beta testing of upgraded version. • Introduced creative solutions as a means to cultivate sales: negotiations with fledging independent publisher resulted in $10 million in annual sales, up from $250 thousand from the prior year. • Spearheaded turnaround strategies for financially troubled customers. Successful workout tactics decreased average days to pay by 15% in its initial year. • Lead speaker at sales training seminars; presented how credit policies affect sales and finance, streamlined sales prospecting and due diligence. From 1998 to 2003 (5 years) Greater Chicago Area

MBA, Finance @ Lewis University From 1998 to 2001 BA, Clinical Psychology @ Governors State University From 1988 to 1990 Six Sigma Green Belt Training @ Chicago Deming Association - Six Sigma Masters Program, Naperville, IL From 2012 to 2012 Ed Stauber is skilled in: Credit, Forecasting, Finance, Accounts Receivable, Managerial Finance, Financial Analysis, Process Improvement, Risk Management, Credit Analysis, SAP, Management, Team Building, Mergers & Acquisitions, Portfolio Management, Cash Flow, Credit Risk, Executive Management, Sarbanes-Oxley Act, Budgets, Business Development, Analysis, Due Diligence, Leadership, Strategy, Financial Reporting, Account Reconciliation, Accounting, Contract Negotiation, Training, Invoicing, Sales, Internal Audit, IBM iSeries, Financial Risk, Banking, Cash Management, Negotiation, Business Process..., Auditing, Internal Controls, Department Turnarounds, Six Sigma, enterprise turnarounds, Strategic Planning, Strategic Leadership, Cash Flow Forecasting, Turnaround Initiatives, Turn Around Management, Public Speaking, Customer Satisfaction