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Edward Plavko is a seasoned financial executive with 34 years of experience driving business growth, profitability, and strategic transformation. As Executive Vice President and CFO at Xtek Inc., he led financial performance improvement, managed external financing, and executed acquisitions. Plavko holds a Master of Business Administration (M.B.A.) from Xavier University and a Bachelor of Business Administration in Accounting from the University of Cincinnati. He is a Certified Public Accountant (inactive) and has provided consulting services to prominent companies, including Wright Brothers Global Gas, LLC, and Easter Seals Tri-State.

Credentials

  • Certified Public Accountant (inactive)
    Accountancy Board of Ohio

Experience

  • EPK Advisors LLC
    • Cincinnati, Ohio
    • Financial and Business Advisor
      • Jan 2016 - Present
      • Cincinnati, Ohio

      Business advisory and financial consulting services for privately-held companies and non-profits. Recently provided consulting services to Wright Brothers Global Gas, LLC. Recently served as Interim CFO with Easter Seals Tri-State, and current member of Board Finance Committee. Ongoing Board Memb...

    • United States
    • Industrial Machinery Manufacturing
    • 200 - 300 Employee
    • Executive Vice President & CFO
      • 2001 - 2015

      Member of Executive Team, reported to CEO and Board. Partnered with CEO and Executive Team to drive financial performance improvement. Financial lead on Benefits Committee with CEO and VP, HR. Responsible for external financing, outside opinion audit, share valuation, ESOP trustee administration, financial analysis, due diligence, and integration of acquisitions.Key accomplishments include:- Achieved significant sales growth in a highly cyclical and mature market, through a combination of organic and acquisition growth strategies- Grew profitability and remained profitable through two major recessions- Acquired capital to support doubling equipment investment rate in the core business- Analyzed and evaluated over fifteen strategic investment opportunities, resulting in eight acquisitions/product line investments

    • Chief Financial Officer
      • 1998 - 2001

      Partnered with CEO to strengthen company operating foundation, including consolidating operations from two facilities to one, exiting two non-strategic businesses, and recommitting to ESOP ownership structure. Managed and led IT and Engineering Systems departments.

    • Various roles including Marketing Manager and Controller
      • 1981 - 1998

    • Senior Auditor
      • Jan 1979 - Dec 1981
      • Batesville, IN

      Conducted financial and operational audits of Hillenbrand Industries locations, at Batesville Casket, Hillrom, and American Tourister, on the corporate audit staff.

  • Ashland, Inc.
    • Ashland, KY
    • Senior Auditor
      • Jan 1976 - Jan 1979
      • Ashland, KY

      Conducted financial and operational audits.

  • Grant Thornton LLP
    • Pittsburgh, PA
    • Staff Accountant
      • Jan 1974 - Jan 1976
      • Pittsburgh, PA

      Participated in various accounting and tax audits and reviews.

Education

  • Xavier University
  • University of Cincinnati

Suggested Services

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Industry Focus. “Accounting and Auditing”

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