Bio
Experience
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Richard Warren Group, LLC.
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Washington D.C. Metro Area
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CEO
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Jan 2014 - Present
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Washington D.C. Metro Area
LEADERSHIP SCOPE: Driving increased profitability through financial and management consulting services to CEO’s and senior executive teams. Industries served, but not limited to mortgage banking, residential/commercial real estate, and manufacturing/distribution.IMPACT: Rapidly establish profitable best practices through financial and operational infrastructure improvements; sales team effectiveness; data driven decision making; and maximizing value from banking, lender, and key vendor relationships.* Utilizing an “owner’s” perspective to balance the interests of shareholders, management, and staff to create a model of sustained profitability.* Coach management personnel to effectively communicate and implement proposed improvements. * Ensure timely and successful implementation of plan by establishing realistic timelines and effective utilization of resources.
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Executive Vice President/CFO
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Dec 2009 - Dec 2013
LEADERSHIP SCOPE: Brought onboard by company president following successful purchase of Mason Dixon Funding. Continually drive department-wide efforts and develop initiatives to contain operating costs, optimize operations and increase financial and bottom-line performance. IMPACT: Steered integration of people, business processes and systems for both companies; earned 2011 President’s award for effectively building synergies, streamlining operations and reassigning staff.* Strengthened and positioned company for explosive market and revenue growth in 2012; generated highest volume and profits in company’s 30-year history. * Gained new warehouse bank credit facility relationships valued at $500M; grew original credit level 200% and slashed interest and fees by $1M.* $1M+ in annual cost savings by negotiating new contract to manage $4.5B mortgage servicing rights portfolio.* Achieved double-digit efficiency improvements through technology; shifting tasks and personnel to eliminate redundancies, and improving monthly closeout process.
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Mason Dixon Funding
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Rockville, Maryland
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Executive Vice President-Principal
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1996 - 2009
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Rockville, Maryland
LEADERSHIP SCOPE: Conceptualized, launched and grew a retail mortgage banking company in Washington DC area. Spearheaded initiatives for business growth, market expansion, revenue enhancement and client acquisition. IMPACT: Built startup entity into large, multi-site independent firm with $1.2B in loan volume and 100 employees; sustained operations through global financial market crisis and orchestrated successful company sale.* Stabilized company’s competitive advantage and market presence during 2007 to 2008 global financial crisis by acquiring four branch offices with $200M+ annual loan volume.* Captured new market opportunity and launched new fee-based back office services unit for community banks; efforts added significant annual revenues.* Avoided costly cycle of massive hiring and layoffs by establishing employee bonus and incentive programs that reduced turnover and allowed solid operations with lean staff pool.* Evaluated operations, introduced best practices and appropriate “checks and balance” systems that curtailed $300-400K of lost annual revenues.* Structured viable market exit strategy and negotiated company sale to Embrace Home Loans—orchestrated full transaction from due diligence to final pricing.
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The Magruder Companies
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Gaithersburg, Maryland
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Vice President/CFO
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1985 - 1996
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Gaithersburg, Maryland
LEADERSHIP SCOPE: Excelled and earned quick promotions to increasingly challenging leadership roles for prominent real estate development and construction company. Partnered with company’s president / chairman on business growth, operations, financial and risk management, cost reduction solutions.IMPACT: Delivered significant cost savings through internal process improvements and technology integration; continually produced value for company through strategic leadership and business innovation.* Stabilized company’s operating and financial capacity by securing project financing despite volatile economic climate.* Took lead on diverse asset portfolio management—minimized risk by leveraging banking relationships and structuring local, regional and national commercial leases.* Integrated software programs and process changes to enhance data quality and expedite financial reporting.
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Education
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American University - Kogod School of Business
Master of Science-Accounting - Bachelor of Science-Finance
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Industry Focus. “Financial Services”
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