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Work experience

Executive/ C- Level Positions

Additional experience includes roles as EVP and COO at Mandalay Vacation Resorts, Inc. (Directed development of $200M vacation ownership project comprised of 660 guest units and $800M in projected sales revenues to complement the existing Mandalay Bay Hotel and Casino property.) and President and COO at Preferred Equities Corporation (Oversaw $85M budget and 2,300 employees while driving sales $67M over a 9-year period).

Jan 2004Present

President/ Managing Member

Fava Enterprises, LLC.

Business services firm providing business plans, feasibility studies, market analysis, workouts, land acquisition guidance, due-diligence reviews, loss mitigation advice, and loan modification direction.

President / Managing Member

Member of executive leadership team and personally accountable for business-founding activities of new business marketing, client acquisition, project engagement, and client satisfaction. Lead and motivate technical and operational teams through a clear understanding of objectives combined with the right tools and training to produce results. Client industry base has included mortgage banking, timeshare resorts, credit unions, golf courses, and finance companies.

·Enabled client market expansion by personally overseeing all aspects of physical site acquisition, including market and consumer research, lease negotiations, space planning, construction coordination, staff recruitment, and infrastructure connectivity.

·Delivered operational and project management to support client merger by developing operational change management objectives such as internal controls, compliance needs, and sales programs.

·Aligned financial management of new subsidiary within established company by developing an annual budget and monthly forecasting, including capital expenditure needs and timelines within established budgetary constraints.

20032004

Vice President

Leading timeshare resort developer and operator with 40 properties worldwide. $300M in revenue.

Regional VP

Joined organization to craft business plan for integrating acquired assets of $85M and owner base of 35,000 members into the corporate culture and operations. Held accountable for establishing a Las Vegas marketplace with a $2.5M operating budget. Supervised 6 direct reports.

·Expedited absorption of new associates and retained resources into the Sunterra culture by assembling a transition team and facilitating transfer of knowledge through a corporate training program.

·Position merged operations for future expansion by directing the creation of all sales and marketing collateral and coordinating efforts to map contractual materials to State mandates.

·Reduce portfolio delinquency from 18% to 10% and first payment defaults from 13% to 3% in a 6-month period by overseeing development of cost containment programs.

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20002003

President

Privately held land/resort developer/operator with projects in Hawaii and Nevada; $100M in revenue.

President

Held executive-level role with accountability for driving strategic review of potential resort acquisitions. Synchronized activities across all divisions comprised of a $105M operating budget and approximately 1,800 employees.Charged with synergizing all aspects across accounting, information technology, finance, customer service, human resources, and legal as well as marketing, sales, pricing, and call center.

·Led $400M initiative to construct three new resorts in NV, $10M acquisitions of two resorts in HI with $3.5M in restorations as part of coordinating a significant corporate expansion.

·Enabled dramatic operations growth by overseeing upgrade of IT infrastructure.

Education

BA

Utica College of Syracuse University

Skills

Leadership
My financial management experience and business operations knowledge is extensive with a record of consistently meeting target objectives within budget. Throughout my career, I have served as a key member of senior-level management by defining required policies toward sound business practices that create shareholder value, especially during challenging economic times.
Development of Business Plans and Annual Budgets
Expert in the design, implementation and review of annual business plans and budgets.
Judgement and Decision Making
Accomplished at the blending and merging of corporate cultures in diverse settings with quantifiable results.
Planning and Organization
As an experienced executive who understands role/responsibilities I can and will  lead as well as participate in meetings, wide ranging discussions and planning sessions with business leaders, associates, and governmental authorities .
Building Consensus
As a member of the Boards of Directors of public and private companies, trade associations, resort and homeowners associations, as well as non-profit agencies, I have learned the fine art of building consensus amongst diverse groups of constituants, associates and shareholders.
Strategic Planning
 Leadership experience in both private and public company environments has led me to be an effective strategic planner; focused on business objectives and solutions, taking a tactical approach to problem solving.

References

Gregg McMurtrie

"Fred is one of the most ethical and hard working individuals I have ever had the pleasure to work for and with. His broad based background allows him to see across operational lines......" Gregg McMurtrie

Jim Beckham

Meticulous in working with complex issues; Works well with others, and usually rises to a leadership role in group discussions; Asks relevant questions to penetrate to the important aspects of complex issues; detail oriented when dealing with accounting related numbers; has a grasp of the business aspects of making decisions impacting the bottom line. Leads subordinates and motivates those working around him. Jim Beckham, Jr.

Gary Tadych

Fred is able to see the big picture but also able to develop innovative solutions to complex problems. Gary A. Tadych