Experience

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  OSG Ship Management

  • Manager, Economics, Corporate Planning & Risk Management

    • 2005 - Present

     Chair monthly Rate Committee Meetings – present forecast for crude / product tanker rates based on assessment of market fundamentals including regional oil demand, OPEC / Non-OPEC crude production, required crude import requirements, refining utilization rates and inventory changes to determine ton-mile demand  M&A / Investment decisions - determined economics of tanker buy / sell / leaseback opportunities and develop target list for potential Company acquisitions Develop Strategic Business Unit & Company presentations – for Board of Directors, external presentations (annual Analyst day, Industry conferences) and prepare Q&A on potential questions on Quarterly Earnings Conference Call

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  PIRA Energy Group

  • Director - Equity Research, Benchmarking & Competitive Analysis

    • 2002 - 2005

    Competitive Analysis / Benchmarking / Strategy Assessment / Company Valuation:  Equity Research – modeling over 25 Energy Companies, forecasting quarterly P(L) results and longer-term Key Performance Indicators (EPS / CFPS; ROCE; Debt / Equity; EV/EBITDA; P/E; Strategy reviews and Assessment); Track record confirms our Forecast 65% more accurate than First Call Earnings Average.  Benchmarking / Competitive Analysis – determined competitive position of U.S. Downstream Marketing client versus competitors in their peer group; Identified and structured changes in their strategy and operations, improving annual profitability by $35 million and Return on Capital Employed by 2.3%. Company Valuations – performed valuation of Asian downstream company (traded on Singapore Stock Exchange) used to raise $200 million in capital for acquisition opportunities Publishing Company research reports and Industry Trends – including , “Market Dominance and Success; Strategies of Top Ten Publicly Traded Energy Companies” (reviewed in Oil & Gas Journal); and monthly reports for our client list focusing on key competitive performance indicators

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  Texaco

  • Manager – Global Downstream Business – Strategic and Financial Planning

    • 2000 - 2002

    • Led development of European and Latin American Business Units's Annual budgeting process including Net Earnings, expenses and cash flow committment levels and for the development of Strategic (5-year) Planfinancial and operating committment to Company • Responsible for review of Strategic Joint Venture refining & marketing partnership activities including Motiva (U.S. Downstream) and Caltex (Asia Downstream) • Responsible for Capital Allocation for refining / marketing business units maximizing returns • Participated in cross-company team that restructured $4 billion Asian marketing and refining operations

  • Director of Investor Relations & Shareholder Services

    • 1998 - 2000

    Maintained a proactive, timely and consistent external communication strategy that effectively presented the Company to investors, employees, the media, credit rating agencies and the public. Communicated strategies and goals to existing and potential investors  Prepared Senior Management team for participation in investor conferences and other external events by preparing their power point presentations and speeches ensuring desired message is delivered Conducted Company presentations to the Investment Community and Credit Rating agencies  Scripted all Internet presentations, drafted press releases, participating in Annual report write-up,  Managed Company’s Website

  • Manager - Corporate Strategic Planning

    • 1996 - 1998

    Led Long Term Business Planning process optimizing Company resource allocation of $4 billion in yearly Capital Expenditures ensuring adherence to short and long term financial goals and strategies• Co-authored Strategic Plan outlining key directives doubling earnings within 5-year plan timeframe• Responsible for Corporate Model that generated Company’s future Financial Statements; Evaluated impacts of strategic initiatives and M&A proposals: Developed financial profile under different scenarios ; presented results to Senior Management for Plan approval; credited with improving accuracy of long-term (5-year) forecast by 20%.• Present Strategic Plan to Senior Management for approval

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  Caltex

  • Financial Planning Specialist - Caltex South Africa (Refining & Marketing)

    • 1994 - 1996

    First ex-pat assigned to South Africa since restriction due to apartheid started• Participated in development of long-term Strategic Plan for continued viability • Involved in developing economics for capital projects and asset sales including refining upgrade proposals and retail network marketing expansion

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  Texaco

  • Manager, Earning Forecast & Analysis - Tactical Plan

    • 1983 - 1993

    •Determined economics of investment and operating proposals over $50 million.• Led Company’s Annual Tactical Planning process establishing financial & operating objectives for Company & Strategic Business Units (Upstream / Downstream / Petrochemical / Tankers) • Management Information System (MIS) - Developed and provided Company and Business Unit organizations with accurate and timely monthly reporting of Actual to Plan results• Started competitive analysis group to reflect our competitive position on key matrixes versus our peers within industry, which was used to gauge competitive improvements and for executive compensation

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  Texaco

  • Staff Accountant - Assistant Manager - Financial Consolidation Reporting Office

    • 1974 - 1982

    Monthly and annual consolidation closing process producing accurate, complete and timely Company financial statements in accordance with GAAP for auditor’s certification and all external reporting requirements including Annual Report, SEC filings and Legal Entity statements.