COMDISCO, INC. , Rosemont IL1998 - 2005
Fortune 500 technology services and global leasing and financial services company (NYSE: CDO), with revenues exceeding $6.5 billion and over 3,400 employees. Aligned into business units: IT Leasing (US, Europe, Pacific Rim), Diversified Leasing (Electronics, Lab & Scientific, Healthcare, Telecommunications, Manufacturing), IT CAP Services, Continuity Services (Disaster Recovery, Managed Network Services, Webhosting Services), and Ventures.
Comdisco Holding Company – Consultant (2004 – 2005)
Performed financial analysis and accounting services for Chief Legal Officer and Litigation trustee.
Comdisco Ventures - Chief Financial Officer & Chief Administration Officer (2002 –2004)
Reported to President & CEO of Comdisco Ventures, a $800 million division of Comdisco, Inc, and directed staff of eight people.
·Key role in creating and implementing the Plan of liquidation for Comdisco Ventures and in leading the Ventures’ team to significantly exceed that Plan (110% achievement).
·Managed and continually improved the financial reporting and cash flow forecasting process and coordinated this process with Corporate, while downsizing the operations.
·Organized and re-established the financial and administrative (back-room) areas of the business unit in Rosemont, San Francisco and Boston, eventually consolidating to Rosemont.
·Managed private and public equity and warrant portfolio of about 250 companies valued at over $30 million.
·Prepared and made presentations to the Board of Directors on a regular basis.
Director, Strategic Development (2001 – 2002)
Reported to the President, CEO & Chairman of Comdisco, Inc., responsible for managing and directing special projects in the interest of the corporation as a whole.
·Led special projects related primarily to the Chapter 11 bankruptcy filing, both pre- and post-filing.Presented to Board of Directors, Creditors Committee, Equity Committee and potential buyers.
·Managed complex projects related to the estate maximization through business unit divestitures, including the negotiation of purchase terms, interaction with potential buyers, organization and management of the data rooms in several cities throughout the world (Rosemont, Barcelona, London, Munich, Paris, Sydney), and post-sale transition to purchasers. Took the lead role for divestitures in Barcelona, Munich and Sydney.
·Co-managed and participated on other internally related projects, such as international human resource issues, corporate communications, overall cost cutting and right-sizing.
Director, Strategic Development (1998 – 2001)
Reported to the President & CEO and responsible for providing assistance to the executive management team in developing and implementing strategic plans for Comdisco and the majority of Comdisco’s business units, a first for the company.Created the model for the entire planning process.
·Provided expertise in strategic business planning and development, organization design, and process improvement, as well as executive coaching and general management skills.
·Managed and/or completed special projects, including acquisitions, due diligence, divestitures and process improvement and/or redesign.
·Assisted in various operational duties, including running weekly executive meetings, research, speech writing, and creating presentations for Board of Directors, management, employees, and investors.