Financial and Operational Executive delivering increased shareholder value through financial engineering, restructuring of debt portfolios and disciplined cost management reduction and controls. Decisive leader, drawing on extensive business acumen and broad range of experience in finance, sales leadership, multi-site operations, and cost containment disciplines. Creates vision and direction, inspires confidence with customers, vendors, and senior executives, and
Financial and Operational Executive delivering increased shareholder value through financial engineering, restructuring of debt portfolios and disciplined cost management reduction and controls. Decisive leader, drawing on extensive business acumen and broad range of experience in finance, sales leadership, multi-site operations, and cost containment disciplines. Creates vision and direction, inspires confidence with customers, vendors, and senior executives, and willingly shares credit for success. Proven expertise building high performing teams, managing distressed businesses, and driving top/bottom-line growth.
EVP @ From September 2014 to Present (1 year) New JerseyPresident @ Promoted to enhance company performance, provide strategic leadership and to integrate acquisition of a competitor. Led total operations, sales, plant finance, accounting, HR, IT and Board relations. Directed > 3,000 employees in 23 facilities across North America. Full P&L authority for this $1.0 B revenue and $75M EBITDA operation. • Integrated $300M acquisition of the largest competitor, increasing EBITDA, from $30M TTM loss to a $20M profit in < 12 months, increasing market capitalization by $110M, including improved EBITDA and margins for a Custom Envelope Division, eventually selling the business for $45M to pay for the purchase of the competitor • Consolidated eight non-performing facilities, affecting 700 employees, and delivering $25.0M incremental savings, eliminated the corporate headquarters and reduced redundant positions saving $20M, leveraged procurement based on additional volume saving $15M. From June 2012 to September 2014 (2 years 4 months) New JerseyCFO @ Recruited by CEO from Moore Corporation Limited to reengineer the balance sheet and assist in improving operational performance. • Completed 10+ strategic acquisitions in the U.S. and Canada delivering approximately $1.0 Billion of revenue. Each of theses acquisitions was accretive to earnings in year one. • Lead discussions and presented at multiple analyst calls, industry and investor conferences as well as road shows associated with various liquidity events and capital market transactions. • Amended credit agreement to provide financial flexibility to ensure sustainability during the 2007 and 2008 recession, and delevered the balance sheet taking advantage of distressed credit markets. • Restructured the finance department to centralize all accounting functions mitigating accounting errors, increasing controls and achieving costs savings. • Provided strategic planning support and analysis to the Chairman, which culminated in the company’s restructuring and consolidation of reporting segments and management positions, streamlining reporting structures and reducing costs. • Provided direction and guidance to operating Presidents to ensure operational excellence. From July 2007 to June 2012 (5 years) CFO @ • Senior member of the management team that negotiated the buyout of 19.7% of MCL through a $70.5 million convertible debenture in 2000. • Developed and executed a plan to restructure the company’s infrastructure and manufacturing platform resulting in excess of $100 million cost savings initiative that allowed the company to move from a heavy loss position to profitability in the year immediately following the restructuring. This restructuring was the springboard to move the stock price from $2.50 per share to a high of $14.25, and an eventual merger for $20 per share. • Developed a plan to access the financial markets and negotiated the early termination of $100 million of 8.5% private placement notes and the renewal of a $400 million bank credit facility. • Successfully negotiated the early conversion of the $70.5 million convertible debenture resulting in a net cash interest savings of $20 million over the life of the debenture. • Key executive member of the management team responsible for the acquisition and integration by Moore Corporation of Wallace Computer Systems, forming a $3.6B company. • Key executive member of the management team responsible for combining and integrating Moore Wallace Inc. into R.R. Donnelley creating an $8B company, North Americas largest full service provider of graphic communications. • Successfully recruited, assembled and managed a new senior finance team to reduce costs, improve financial reporting and controls From 2000 to 2005 (5 years) Stamford, Ct.CFO @ From 1992 to 2000 (8 years)
BS, Accounting @ Kean University From 1981 to 1986
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