Experience

Kennicott Brothers Company

• CFO - Retired

  • Jan 2012 - Mar 2019

  Wholesale distribution: Achieved dramatic growth to $121m revenue run rate from $40m, and to 18 branches from 7 along with record profitability for this 100% ESOP owned company. Kennicott is a wholesale distribution company and brokerage providing imported flowers and over 30,000 floral supply items to the retail, mass merchandising and event planning markets through branch locations spread across the Midwest and Southeastern US. Implemented entire ERP system conversion to support rapid… Show more Wholesale distribution: Achieved dramatic growth to $121m revenue run rate from $40m, and to 18 branches from 7 along with record profitability for this 100% ESOP owned company. Kennicott is a wholesale distribution company and brokerage providing imported flowers and over 30,000 floral supply items to the retail, mass merchandising and event planning markets through branch locations spread across the Midwest and Southeastern US. Implemented entire ERP system conversion to support rapid expansion and modernization, achieving best in class IT in this industry. Show less



Mongo Machine LLC

• Software Development
• 1 - 100 Employee

• CFO

  • Jun 2010 - Aug 2011

  Technology / Information Services: CFO for this start-up database hosting company providing SaaS. Developed a business plan, evaluated pricing, infrastructure costs, and established sound financial forecasting, reporting, banking, legal and tax practices to meet the needs of this technology company operating in an agile, fast-paced environment. Completed successful sale of company to a competitor.



Ambius

• Vietnam

• CFO

  • 2008 - 2010

  Business Services: Ambius is a $250 million service and distribution division of publicly owned $4 billion multi-line service company Rentokil Initial plc, the world's largest business services company. Responsible for financial reporting, budgeting, planning, cash flow management, IT and risk management across 13 countries in North America and Europe. Managed 40 locations in the US and Canada with 1,100+ employees. - Since 1988, completed 56 asset and stock acquisitions, the… Show more Business Services: Ambius is a $250 million service and distribution division of publicly owned $4 billion multi-line service company Rentokil Initial plc, the world's largest business services company. Responsible for financial reporting, budgeting, planning, cash flow management, IT and risk management across 13 countries in North America and Europe. Managed 40 locations in the US and Canada with 1,100+ employees. - Since 1988, completed 56 asset and stock acquisitions, the largest being $44m with 18 operating locations. - Held P&L accountability for the wholesale distribution division supporting 1,500 customers. Responsible for domestic and foreign product sourcing and contract manufacturing, including Mexico and China. - Installed work flow automation software to reduce costs and improve quality and timeliness of payment processing. - Achieved two day close cycle, significantly improving timeliness Show less



Laser Key LLC

• United States
• Machinery Manufacturing

• CFO and Limited Partner

  • 1994 - 2009

  Consumer Products: CFO for a start-up company with heavy R&D that developed and then manufactured a self service, computerized key cutting machine. Negotiated two rounds of private placement totaling $5.2 million with a Swedish public company.



Ambius NA

• CFO - North America (USA & Canada)

  • 2006 - 2008

  - Grew revenues while competitors contracted in difficult environment. - Evaluated sales force automation tools and transitioned to Salesforce.com in SaaS solution to improve sales productivity and accountability. - Added Shared Service Center functionality for supporting Canadian operations



Initial Tropical Plants

• Environmental Services
• 1 - 100 Employee

• CFO

  • 1996 - 2006

  - Grew revenues from $80m to $112m - Completed 25 acquisitions. Led all due diligence modeling, legal compliance and implementation and integration, achieving all synergistic objectives. - Developed current pension structure managing $100m in assets, including 401(k), non-qualified and SERP for senior executives, consolidating six previous plans and minimizing ERISA compliance issues. - Led successful conversion from US GAAP to IFRS reporting standards - Guided COGNOS and Prophix… Show more - Grew revenues from $80m to $112m - Completed 25 acquisitions. Led all due diligence modeling, legal compliance and implementation and integration, achieving all synergistic objectives. - Developed current pension structure managing $100m in assets, including 401(k), non-qualified and SERP for senior executives, consolidating six previous plans and minimizing ERISA compliance issues. - Led successful conversion from US GAAP to IFRS reporting standards - Guided COGNOS and Prophix implementations to provide a more robust long term global solution for financial reporting, budgeting and modeling. - Fully integrated legacy ERP system completed to drive accountability. Show less



Rentokil Tropical Plants & Rentokil USA Holdings

• CFO

  • 1988 - 1996

  - Grew revenues from $23m to $80m while reducing support staff at the same time. - Developed a USA risk management program to include several operating divisions and involving a premium level of $5 million. Developed a self insurance program which saved $1million in expense and $3 million in cash flow. Loss improvement generated from effective safety and loss control programs. Also developed national surety line to facilitate bid and performance bonding reducing cost by over 50%. -… Show more - Grew revenues from $23m to $80m while reducing support staff at the same time. - Developed a USA risk management program to include several operating divisions and involving a premium level of $5 million. Developed a self insurance program which saved $1million in expense and $3 million in cash flow. Loss improvement generated from effective safety and loss control programs. Also developed national surety line to facilitate bid and performance bonding reducing cost by over 50%. - Consolidated and managed all US tax reporting to minimize tax impact of a diverse set of over 50 legal entities and developed optimal tax handling with tax reporting in 36 states. - Improved pretax margins to levels significantly beyond returns achieved by competitors by becoming the lowest cost producer. - Completed acquisition negotiations, projections, due diligence and follow through to final integration with the existing business of 36 acquisitions ranging in size from $200k to $14 million. - Developed and converted cash remittance processing to scannable lock box processing with data transmission of remittance detail, cutting staff in half, reducing processing cost and improving float. - Reduced customer DSO to world wide low of 23 days. - Monitored ERISA compliance for all Rentokil operations. Show less



The Leider Companies, Inc.

• United States
• Business Consulting and Services
• 1 - 100 Employee

• CFO

  • 1984 - 1988

  Consumer Products: A multi-division privately held business with operations in ten states. Primarily sold agricultural products to big box retailers, along with plant services provided on-site to a commercial client base. Part of company acquired by Rentokil Initial plc in 1988. Recruited to develop a corporate structure and systems designed to transform company to a fast growth, national focus, making the business attractive for sale. Responsible to the Board of Directors for… Show more Consumer Products: A multi-division privately held business with operations in ten states. Primarily sold agricultural products to big box retailers, along with plant services provided on-site to a commercial client base. Part of company acquired by Rentokil Initial plc in 1988. Recruited to develop a corporate structure and systems designed to transform company to a fast growth, national focus, making the business attractive for sale. Responsible to the Board of Directors for financial planning, reporting, treasury and banking, strategic planning, IT, pensions and risk management. Shared service center support provided to five operating divisions. Turnaround from net loss in year one to solid profits, with revenue growth from $26m to $45m. 18 acquisitions completed adding $14m annually. Show less



Arthur Andersen & Co

• Accounting
• 1 - 100 Employee

• Senior Audit Manager

  • 1974 - 1984

  Managed client engagements across multiple industries, including manufacturing, plastics, packaging, business services and professional services, including SEC proficiency. Served as lead manager on firm wide task force to develop computerized audit approaches.