Experience

Drexel University's Charles D. Close School of Entrepreneurship

• United States
• Higher Education
• 1 - 100 Employee

• Advisory Board Member

  • Sep 2023 - Present

  Philadelphia, Pennsylvania, United States



Marathon Digital Holdings

• United States
• IT System Data Services
• 1 - 100 Employee

• Chief Financial Officer

  • Mar 2022 - May 2023

  Developed and executed the company’s cash flow and liquidity strategy during the “crypto winter” of 2022/23, significantly improving the company’s financial position: - cash increased from $52 million at 10/31/22 to $125 million at 3/31/23 - outstanding bank debt declined from $100 million at 10/31/22 to zero at 3/31/23 - unrestricted Bitcoin holdings increased from 3,464 bitcoin ($71 MM) at 10/31/22 to 11,466 bitcoin ($326.5 MM) at 3/31/23 Developed and executed a strategy… Show more Developed and executed the company’s cash flow and liquidity strategy during the “crypto winter” of 2022/23, significantly improving the company’s financial position: - cash increased from $52 million at 10/31/22 to $125 million at 3/31/23 - outstanding bank debt declined from $100 million at 10/31/22 to zero at 3/31/23 - unrestricted Bitcoin holdings increased from 3,464 bitcoin ($71 MM) at 10/31/22 to 11,466 bitcoin ($326.5 MM) at 3/31/23 Developed and executed a strategy to sell bitcoin on a monthly basis as a means of funding monthly cash operating costs, enabling a more predictable and healthier cash position over the long-term Successfully navigated the business through the failure of the Company’s two core banking partners (Silvergate Bank and Signature Bank, both of whom failed within days of each other in March 2023), resulting in a significant improvement in banking diversity and improved security of the Company’s cash deposits Developed daily cash flow forecast model and monthly financial forecasting models (balance sheet, income statement and cash flow statement) utilized in both short-term and long-term financial forecasts. Led the effort to restate the 2021 annual and interim financial statements and 2022 interim financial statements to correct errors in the application of GAAP that occurred prior to my tenure with the Company. Spearheaded the effort to build the finance function of a rapidly growing public company including the hiring of a new Chief Accounting Officer and adding newly-developed roles of Vice President - Tax, Vice President – Financial Planning and Treasurer, Vice President – Finance and Operations Control and Corporate Controller in early 2023. Retired - May 2023 Show less



UGI / AmeriGas

• Chief Strategy Officer - Global LPG

  • Jun 2021 - Jan 2022

  Selected by incoming CEO to assist with development of a global transition plan that included a complete organizational assessment and the appointment of a new Presidents for both UGI's International Propane operations and AmeriGas Propane Refined and implemented global LPG strategy incorporating new business development, renewables, and energy marketing Led UGI's Global LPG Supply, Logistics and Hedging functions



AmeriGas

• United States
• Oil and Gas
• 700 & Above Employee

• President and Chief Executive Officer

  • Sep 2018 - Jun 2021

  Conducted a strategic business review which resulted in the transformation of the business through process redesign, operating efficiencies, and technology enhancements: - achieved $120 million in total annual benefits through September 2021 - modernized IT systems used for routing, distribution and customer service Drove significant improvements in safety performance from Fiscal 2019 to Fiscal 2021: - an 18% improvement in OSHA recordables (over 14 million OSHA hours… Show more Conducted a strategic business review which resulted in the transformation of the business through process redesign, operating efficiencies, and technology enhancements: - achieved $120 million in total annual benefits through September 2021 - modernized IT systems used for routing, distribution and customer service Drove significant improvements in safety performance from Fiscal 2019 to Fiscal 2021: - an 18% improvement in OSHA recordables (over 14 million OSHA hours annually) - a 41% reduction in accountable vehicle incidents (about 115 million miles annually) Completed the acquisition of AmeriGas’s publicly traded MLP by our General Partner, resulting in AmeriGas Partners, L.P. (NYSE: APU) becoming a wholly owned subsidiary of UGI Corporation in August 2019 Established AmeriGas’s Customer Digital Experience and Advanced Analytics functions as a means of driving data-based business decisions throughout the organization

• Board Member

  • Sep 2018 - Jun 2021

  Valley Forge, PA Served as a management director for AmeriGas Propane, Inc. during my tenure as President and Chief Executive Officer

• VP Finance & CFO

  • May 2013 - Sep 2018

  Conceived of and executed the complete refinancing of AmeriGas’s entire $2.6 billion high-yield debt structure, extending maturities while lowering interest cost in NPV-positive transactions Led three separate secondary equity offerings in which Energy Transfer monetized approximately 24 million AmeriGas MLP units (~$1.1 billion) associated with its sale of Heritage Propane to AmeriGas Oversaw AmeriGas’s Corporate Development program (acquisitions, property purchases & sales, and… Show more Conceived of and executed the complete refinancing of AmeriGas’s entire $2.6 billion high-yield debt structure, extending maturities while lowering interest cost in NPV-positive transactions Led three separate secondary equity offerings in which Energy Transfer monetized approximately 24 million AmeriGas MLP units (~$1.1 billion) associated with its sale of Heritage Propane to AmeriGas Oversaw AmeriGas’s Corporate Development program (acquisitions, property purchases & sales, and strategic divestitures), implementing new strategy to better align with other company priorities around customer segmentation and pricing Orchestrated a new algorithm-based customer pricing system resulting in significant improvements in pricing acceptance and unit margin performance across the enterprise Reorganized financial functions and control structure resulting in improvements in operating metrics of the financial operating groups and strengthening AmeriGas's internal controls processes



UGI Corporation

• United States
• Utilities
• 200 - 300 Employee

• Treasurer

  • 2011 - 2014

  Played a lead role in the financial modeling, valuation, negotiation, and capital market activities associated with AmeriGas’s $2.9 billion acquisition of Heritage Propane from Energy Transfer Partners in 2012 Developed and executed the financial structure of Heritage Propane acquisition: - $1.6 billion in public high-yield debt issuance - $1.1 billion in AmeriGas units issued to Energy Transfer Partners - $289 million AmeriGas public unit offering Refinanced $1… Show more Played a lead role in the financial modeling, valuation, negotiation, and capital market activities associated with AmeriGas’s $2.9 billion acquisition of Heritage Propane from Energy Transfer Partners in 2012 Developed and executed the financial structure of Heritage Propane acquisition: - $1.6 billion in public high-yield debt issuance - $1.1 billion in AmeriGas units issued to Energy Transfer Partners - $289 million AmeriGas public unit offering Refinanced $1 billion in high-yield debt at AmeriGas in 2011 through tender offers, resulting in a lower cost of debt at positive NPVs Refinanced bank credit facilities for UGI and its subsidiaries totaling $875 million (U.S.) and €420 million (Europe). Served dual role of CFO of AmeriGas and Treasurer at UGI while search for new UGI Treasurer was underway (2013-2014)

• Director of Investor Relations and Treasury

  • 2007 - 2011

  Coordinated all activities related to UGI’s Investor Days and spearheaded non-deal roadshows in both the U.S. and Europe. Performed financial modeling, due diligence, negotiation, and financing for UGI Utilities acquisition of PPL’s Gas Utility in 2008 Developed detailed ROIC and IRR models for use in the evaluation of business performance and the valuation of investments at the UGI family of companies Oversaw daily cash management activities for UGI and its subsidiaries… Show more Coordinated all activities related to UGI’s Investor Days and spearheaded non-deal roadshows in both the U.S. and Europe. Performed financial modeling, due diligence, negotiation, and financing for UGI Utilities acquisition of PPL’s Gas Utility in 2008 Developed detailed ROIC and IRR models for use in the evaluation of business performance and the valuation of investments at the UGI family of companies Oversaw daily cash management activities for UGI and its subsidiaries in the U.S. and Europe

• Director - Corporate Development

  • 2004 - 2007

  Sourced, valued, coordinated due diligence, negotiated contracts, and oversaw integration of small to mid-sized propane acquisitions, ranging from $1 million to $50 million

• Director - Financial Planning

  • 2000 - 2004

  Developed the annual budget, plan and forecasts Created sophisticated financial models that seamlessly generated forecasted financial statements for all three AmeriGas entities (the General Partner, the Operating Partnership and the Public MLP)

• Financial Manager - Operations - Northern Division

  • 1999 - 2000

• Manager / Team Leader - Financial Reporting

  • 1995 - 1999

• Senior Staff Accounting / Internal Auditor / Staff Accountant

  • 1990 - 1995

Meritor Financial (PSFS)
• Staff Accountant

  • 1986 - 1990