Michael Taunton

Adjunct Professor - Molloy College at Molloy College
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Contact Information
us****@****om
(386) 825-5501
Location
Melville, New York, United States, US

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5.0

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Robert Randall

I have worked with and supported Mike's organization over the years, and have him to be an outstanding leader. Mike's calm style and demeanor are well appreciated as he continues to work towards finding alternative solutions in using credit as a competitive advantage under challenging economic conditions. Through his leadership, the Treasury group has consistently served it's internal customers on a high level, yielding increased levels of satisfaction. I enjoy working with Mike and highly recommend his management, people and technical skills.

Jane Cavlin

Mike is an extremly intelligent man that has financial, process and people skills. Mike has the ability to see the big picture and break it down to small components for people to manage. Mike has a good attention to detail, presents very well and listens carefully. Mike leads by example which has made him a very credible superior. Given the opportunity I would work with Mike again.

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Experience

    • United States
    • Higher Education
    • 700 & Above Employee
    • Adjunct Professor - Molloy College
      • Sep 2020 - Present

      Adjunct professor of Corporate Finance. Adjunct professor of Corporate Finance.

    • United States
    • Higher Education
    • 700 & Above Employee
    • Adjunct Professor
      • Jan 2019 - Present

  • Posillico, Inc.
    • Farmingdale, NY
    • Chief Financial Officer
      • Jul 2014 - Dec 2017

      Development and execution of financial strategy; maintain relationships with investment bankers and other capital sources; banking and cash management processes; accounting and financial reporting; tax planning and compliance; financial support on new business transactions; budgeting and forecasting; investor relations and all other construction/real estate financial operations. Development and execution of financial strategy; maintain relationships with investment bankers and other capital sources; banking and cash management processes; accounting and financial reporting; tax planning and compliance; financial support on new business transactions; budgeting and forecasting; investor relations and all other construction/real estate financial operations.

    • United States
    • Utilities
    • 1 - 100 Employee
    • Vice President of Finance and Chief Financial Officer
      • Jan 2012 - Dec 2013

      Overall responsibility for financial stewardship of LIPA. This includes financial reporting and control, corporate finance and treasury, cash management, planning and budgeting, debt planning and balance sheet management, risk management and interfacing with rating agencies and the investment community. Overall responsibility for financial stewardship of LIPA. This includes financial reporting and control, corporate finance and treasury, cash management, planning and budgeting, debt planning and balance sheet management, risk management and interfacing with rating agencies and the investment community.

    • United States
    • Technology, Information and Internet
    • 700 & Above Employee
    • Vice President and Treasurer
      • Nov 2007 - Nov 2011

      Responsible for the strategic leadership and oversight of the Treasury and corporate finance functions, overseeing global cash and debt management, risk management, investor relations and benefit asset management. Responsible for the strategic leadership and oversight of the Treasury and corporate finance functions, overseeing global cash and debt management, risk management, investor relations and benefit asset management.

    • Utilities
    • 100 - 200 Employee
    • Sr. Vice President, Treasurer and Chief Risk Officer
      • Jan 2006 - Oct 2007

      Responsible for professional staff of 50 employees overseeing financing and cash management, financial and economic analysis, financial forecasting and budgeting, investor relations, pension investments with added responsibility for enterprise wide risk management.

    • Vice President and Treasurer
      • 2000 - Dec 2005

      Responsible for professional staff of 50 employees overseeing financing and cash management, financial and economic analysis, financial forecasting and budgeting, investor relations and pension investments.

    • Vice President, Investor Relations
      • Jan 1998 - Dec 2000

      Led and created proactive, timely and consistent communications with the investment community upon closing of merger between KeySpan and Long Island Lighting Company.

  • Brooklyn Union Gas Co
    • Garden City, LI
    • Merger Transition Manager
      • 1997 - 1998

      Co-lead on the merger integration effort between KeySpan and Long Island Lighting Company. Identified and achieved over $1 billion in synergy savings. Co-lead on the merger integration effort between KeySpan and Long Island Lighting Company. Identified and achieved over $1 billion in synergy savings.

    • General Manager, Business Process Improvement
      • 1996 - Oct 1997

      Conducted corporate-wide business process review. Developed pilot which identified $17 million in savings. Developed a new Shared Servic model that improved service levels and provided operating efficiencies.

    • Multifamily Customer Team Leader
      • 1994 - 1996

      Led a team of 20 people responsible for the multifamily market segment, including new sales and services, business retention, relationship management and collections.

    • Manager, Marketing Services
      • 1992 - 1994

      Led market research and advertising and promotion programs for residential, multifamily and commercial markets.

    • Manager Corporate Planning
      • 1988 - 1991

      Responsible for the development and monitoring of the strategic planning process, goals and objectives and long term modeling.

    • Director, Rate Recovery
      • 1986 - 1988

      Responsible for analyzing the need for rate relief and development of rate case filings in support of rate relief.

    • Various Accounting Positions
      • Feb 1975 - 1986

Education

  • Harvard Business School
    Advanced, Management
    2002 - 2002
  • University of Michigan
    Advanced, Finance
    1987 - 1987
  • Adelphi University
    MBA, Finance
    1981 - 1985
  • St. Francis College
    BS, Accounting
    1975 - 1981

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