Download PDF


Member, Financial Executives Institute, American Institute of Certified Public Accountants, Tennessee Society of Certified Public Accountants

Board of Trustees, Audit Committee Chair – Covenant College, Lookout Mountain, Georgia


Senior Level Finance Executive/CFO

15+ years CFO experience for Private Equity Backed Consumer Goods Corporations with $150 Million to $500 Million in Revenues /Global Manufacturing and Distribution Companies/ Financial, Operational and Strategic Focus

Seasoned CFO with operations and financial skills in multi-plant global consumer goods, Private Equity backed companies.Successfully partnered with CEO’s and equity sponsors to drive changes, effectuate rapid turnarounds and implement profit improvement strategies.Recruited and developed leading value-added financial teams.

Possess comprehensive and deep experience in traditional CFO responsibilities such as accounting, international taxes, treasury, information technology, but also strong operations skills in human resources, supply chain, manufacturing and legal.Good communications skill with all stakeholders and tested ability to partner in developing strategy and also the ability to execute under liquidity and capital structure constraints

Financial and Operational Strengths:

Cash Flow Driven Focus

Corporate Finance, Treasury and Accounting

Sophisticated Offshore Tax Structures

Multi-Plant Manufacturing

Multi-Currency Hedging and Management

Cultural and Financial Turnaround Skills

Highly Professional Staff Management and Leadership

Information Technology Management

Plant Operations, Global Sourcing, and Supply Chain

Brand management and Intellectual Property

Mergers and Acquisitions including Integration

Rapid Change Management/Execution

Work experience

Sep 2003Present

Chief Financial Officer

SVP is the world’s largest manufacturer and distributor of consumer sewing machines with a presence in over 190 countries, four manufacturing plants, and multiple distribution channels sold under the Singer, Husqvarna Viking and Pfaff brands. Travel approximately 50%. Equity sponsors are Kohlberg and Company.

SITUATION: Successfully implement operational and cost optimization strategies, profitably grow company through organic initiatives, new product introductions and acquisitions, recruit and develop professional finance and corporate team. Also develop comprehensive, global financial and management systems to support and measure external and internal goal attainment plus, maximize cash flow and execute Profit Improvement Plan

Selected Results

·Successfully integrated merger with VSM Corporation – doubling the size of the company.

·11% CAGR growth in EBITDA since 2004.

·Implemented consolidated global financial reporting system – financial statements, leading indicators, metrics and flow-through margin reporting-improved accuracy and timeliness.

·Execute and manage offshore, tax-advantaged structure including transfer pricing thereby lowering global effective tax rate – currently at 10.1%.

·Merged Brazilian plants and manufacturing volume transfer strategies between Europe and Asia, achieving $7.5MM to date.

·Implemented back office consolidation in Europe with annual savings of $9.4MM

·Created Office of General Counsel for global intellectual property and patent management

·Implemented Sales and Order Processing (“S&OP) system in North and South America.

·Developed and implemented global data warehouse for real-time metrics, financial reporting.

Jul 2000Apr 2003

Chief Financial Officer

The Company is a distributor of home décor items for mass, craft/hobby, independent gift store channels.The holding company was composed of three independent operating entities in California, Missouri and Ohio.Worked with Equity Sponsors – Fenway Partners and Blue Capital.

SITUATION: Hired as Interim CFO to help navigate company through multiple credit agreement defaults for three unconsolidated companies within portfolio. Create a new holding company, integrate subsidiaries, recruit/develop corporate staff and create financial and management reporting system. Additionally, implement necessary controls related to inventory, budgeting and planning.

Selected Results

·Negotiated, financed and closed $100MM senior credit facility, $30MM senior subordinated facility and $14MM sale/leaseback facility.De-levered balance sheet by 1.5 turns.

·Complete consolidation of all administration functions into new holding company headquarters.Created a centralized, effective and highly efficient holding company structure saving $2.0MM in redundant expenses.Recruited and developed entire Finance/Administrative management.

·Established controls/procedures for all functions

·Established/stream-lined zero-based Planning process.

·Complete introduction of new value-added financial/non-financial reporting system including Balanced Scorecards and EVA customer profitability

·Developed procedures for rapid, accurate financial close – 3 days.

·P&L responsibility for a $75MM division - 180% EBITDA improvement over 24 months

Feb 1992Mar 2000

Executive Vice President, CFO

Scovill Fasteners, Inc


The Company is a worldwide leader in the manufacture of snap fasteners, buttons, eyelets and grommets for apparel and specialty industrial applications.The Company has manufacturing facilities in the United States, Belgium and Canada.It also has Service and Distribution facilities throughout Asia, Europe and Central/South America.Worked with four different Equity Sponsors over eight years – Kohlberg & Company, Saratoga Partners, Alper Holdings and First City Industries

SITUATION: Provided the financial leadership which enabled the transformation from a single location, domestic spin-off into a global, multi-plant world leader in apparel fasteners. Execute acquisition program to absorb excess capacity in a low cost manufacturing location, rationalize operations and take costs out of system. Develop financial and management reporting system

Selected Results

·Negotiated, financed, closed and integrated two manufacturing acquisitions thereby increasing EBITDA by 50% and doubling domestic revenues.

·Successfully de-levered capital structure though utilization of off-balance sheet financing and other complex arrangements.

·Reduced finance cycle times to 3 days while reducing staff.

·Developed/implemented company-wide manufacturing performance metrics for performance review and designed/implemented Economic Value Added models for capital expenditures and customer profitability




B.B.A. with Concentration in Accounting, cum laude, 1982


Private Equity
CFO for Private Equity/LBO firm portfolio companies   Worked with Financial Sponsors:   Kohlberg & Company (2X) Fenway Partners Blue Capital Saratoga Partners Alper Holdings First City Industries


Certified Public Accountant

State of Ohio