David Boersma
Chief Financial Officer at Stage Completions- Claim this Profile
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Bio
Experience
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Stage Completions
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United States
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Oil and Gas
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1 - 100 Employee
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Chief Financial Officer
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May 2022 - Present
Houston, Texas, United States
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Foro Energy
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Oil and Gas
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1 - 100 Employee
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Chief Financial Officer
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Feb 2012 - May 2022
Houston, Texas Foro Energy is commercializing high power lasers for the oil, natural gas, geothermal, and mining industries.
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PINE FOREST COUNTRY CLUB
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United States
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Civic and Social Organizations
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1 - 100 Employee
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Board of Directors
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Apr 2018 - Mar 2021
Houston, Texas Area
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Business Unit CFO and Assistant Treasurer (Corporate)
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Jan 2007 - Apr 2011
Houston, Texas Area Senior finance executive for a $300 million division of a publicly traded company which produces fiberglass composite pipe and fittings utilizing a global manufacturing footprint. Primary markets served – oilfield, marine, offshore and industrial. With a staff of five direct reports (four controllers and an IT manager) I focused on growth, profitability improvement, working capital reduction and system integration. Highlights include the acquisition and integration of a Brazilian… Show more Senior finance executive for a $300 million division of a publicly traded company which produces fiberglass composite pipe and fittings utilizing a global manufacturing footprint. Primary markets served – oilfield, marine, offshore and industrial. With a staff of five direct reports (four controllers and an IT manager) I focused on growth, profitability improvement, working capital reduction and system integration. Highlights include the acquisition and integration of a Brazilian manufacturer as well as Greenfield investments in Brazil and the U.S. Served as the executive sponsor and steering committee chair for an Oracle EBS R12 global design and implementation. Significant international experience. Show less
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Consulting Engagement
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Jul 2006 - Jan 2007
Greater New Orleans Area * Created and modeled financial strategies to aid in the defense of a hostile takeover bid * Evaluated Planning processes at two standalone companies and proposed new processes, tools and organizational structure for the post acquisition entity * Built a virtual and physical data room for the finance, accounting, tax, treasury, marketing and risk departments as EPL prepared for divestiture *Created and implemented a new Credit Policy including analytical tools to evaluate customers and… Show more * Created and modeled financial strategies to aid in the defense of a hostile takeover bid * Evaluated Planning processes at two standalone companies and proposed new processes, tools and organizational structure for the post acquisition entity * Built a virtual and physical data room for the finance, accounting, tax, treasury, marketing and risk departments as EPL prepared for divestiture *Created and implemented a new Credit Policy including analytical tools to evaluate customers and potential operating partners * Coached two Corporate Planning Managers Show less
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Honeywell
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United States
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Appliances, Electrical, and Electronics Manufacturing
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700 & Above Employee
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Global Finance Leader
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2003 - 2005
Freeport, IL * Business named “2005 Supplier of The Year” by General Motors * Business Turnaround – $14 million operating loss to $3 million operating profit in 18-month period * Led a business restructuring effort - $8.0 million of annual costs eliminated * Developed global staff of 15, focused on controls, cost reduction, systems and financial commitments * Reorganized a finance/business group from a regional structure to a line of business structure * Led a PricewaterhouseCoopers financial… Show more * Business named “2005 Supplier of The Year” by General Motors * Business Turnaround – $14 million operating loss to $3 million operating profit in 18-month period * Led a business restructuring effort - $8.0 million of annual costs eliminated * Developed global staff of 15, focused on controls, cost reduction, systems and financial commitments * Reorganized a finance/business group from a regional structure to a line of business structure * Led a PricewaterhouseCoopers financial team to prepare business for divestiture. Show less
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WM
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United States
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Environmental Services
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700 & Above Employee
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Director of Finance
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2001 - 2003
Houston * Developed a Financial Management Process for the Strategic Sourcing Initiative, (a four year, $400 million cost reduction initiative.) Cost reductions of $165 million over a two-year period. * Led a Steering Committee which provided oversight for two credit card programs ($750 million in spend). Focused on improving controls, user training and technical issues. Program resulted in $8 million of annual rebate. * Co-led a process re-engineering project resulting in an inventory reduction… Show more * Developed a Financial Management Process for the Strategic Sourcing Initiative, (a four year, $400 million cost reduction initiative.) Cost reductions of $165 million over a two-year period. * Led a Steering Committee which provided oversight for two credit card programs ($750 million in spend). Focused on improving controls, user training and technical issues. Program resulted in $8 million of annual rebate. * Co-led a process re-engineering project resulting in an inventory reduction of $60 million. Show less
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GE
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United States
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Industrial Machinery Manufacturing
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700 & Above Employee
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Finance Manager
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1999 - 2001
* Provided financial leadership to the Motors team interacting with functional and business leadership * Led development of estimates, plans and analysis versus actual results for all key measurements * Coordinated with manufacturing, finance and inventory organizations in forecasting financial results * Provided upfront analysis and reviewed all commercial contracts and investment decisions * Provided financial leadership in driving the team to achieve all financial/operational… Show more * Provided financial leadership to the Motors team interacting with functional and business leadership * Led development of estimates, plans and analysis versus actual results for all key measurements * Coordinated with manufacturing, finance and inventory organizations in forecasting financial results * Provided upfront analysis and reviewed all commercial contracts and investment decisions * Provided financial leadership in driving the team to achieve all financial/operational commitments Show less
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Freeport-McMoRan
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United States
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Mining
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700 & Above Employee
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Manager of Finance and Business Development
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1992 - 1999
Freeport McMoRan is the 2nd largest copper producer and largest gold producer in the world with primary mine/mill assets in Indonesia and smelting operations in Spain and Indonesia. Manager - Finance and Business Development (New Orleans) Senior Financial Analyst (New Orleans) Financial Analyst (Tembagapura, Indonesia) Materials Coordinator (Tembagapura, Indonesia) Corporate finance role focused on short and long term strategic planning, senior management reporting… Show more Freeport McMoRan is the 2nd largest copper producer and largest gold producer in the world with primary mine/mill assets in Indonesia and smelting operations in Spain and Indonesia. Manager - Finance and Business Development (New Orleans) Senior Financial Analyst (New Orleans) Financial Analyst (Tembagapura, Indonesia) Materials Coordinator (Tembagapura, Indonesia) Corporate finance role focused on short and long term strategic planning, senior management reporting, analysis, investor relations and treasury support, and mergers/acquisitions modeling. Operational finance role focused on cost analysis and reduction, inventory reduction, systems implementation/improvement and process improvement. Four year expatriate assignment in Indonesia. Show less
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Education
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Tulane University - A.B. Freeman School of Business
MBA, International Business -
The University of Kansas
BSB, Business Administration