Marco Blasi

Marco Blasi

Summary

My name is Marco Blasi. I graduated in Economics (advanced DES course of degree) from Università Bocconi in Milan and I was conferred an MBA degree from the Anderson Graduate School of Management (UCLA). During my course of studies I concentrated on Economics, Econometrics, EU Economics and Policies, Finance and International Business and Management.

I have a solid CFO background (I worked for major multinational companies in several industries) coupled with a strong entrepreneurial spirit. In my last assignment as Group CFO, I had twelve different companies reporting to me, including our Argentinean branch. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p>

As Head of Strategic Business Development at PMC Operations, I started negotiations with the Serbian Ministry of Energies and Mines for the development of bio-masses powered factories and CO2 emission abatement plants. I worked on feasibility studies of green-powered projects linked to sustainable development of poor areas in less developed countries.<o:p></o:p>

I managed several system integration processes in multinational organizations, setting up Accounting and ERP systems (e.g.: Hyperion, JDE) that would comply with US GAAP, IAS/IFRS and national accounting standards. I was also in charge of HR and IT functions. I am certified in Change Management (PROSCI)<o:p></o:p>

As CFO at Universal Music Italy, market leader in the record industry, I was also in charge of Sarbanes-Oxley compliance, as well as responsible for new media activities. I worked with Corporate Finance, International Business Affairs and Corporate Strategy from the International Headquarters in London, UK. I managed the merger between Universal Music S.p.A. and PolyGram in Italy, and achieved total annual savings in excess of Euro 6.7 Million. I opened the Digital Music Division in Italy in 2001. Under my direction, digital business went from zero to representing 6% of the Net Turnover of the company (and about 20% of EBITDA) in three years. I managed the re-engineering of content and style of the company’s internet site, which was awarded Best Music Site in Italy in 2004. I secured sponsorship and co-marketing contributions that accounted for over 3 Million Euro working with private companies and institutions (e.g.. Progetto Italia, Trust of Telecom Italia that fosters Italian artists’ innovative initiatives). <o:p></o:p>

Currently, I am Partner in a consulting group and I focus on the areas of Finance, Business Plan Development, International Business Development, Change Management and Contracts Negotiation. I have finalized a partnership deal with a major international TLC company to provide innovative portable devices and system infrastructure for a remote assistance ECG service to the Italian National Health System (for a client from telemedicine industry). I am in charge of development projects in Eastern Europe, dealing with local authorities and business, for a Business Process Outsourcing client. I am managing the start-up of a Shared Services Centre in Belgrade to assist Italian SME’s entering the Serbian market.<o:p></o:p>

I am familiar with multilateral negotiations having dealt with unions and Government representatives at national level for restructuring projects of private business. I have successfully worked on development plans in different industrial sectors and countries. I am fluent in Italian (mother tongue), English, and French. I have a good working knowledge ofSpanish and Serbo-Croatian and have studied Russian. <o:p></o:p>

I believe that my twenty-year experience working with diverse cultures, heading multinational teams, coupled with my desire to work for an international organization, would be a good fit for an executive role in an international organization.

Interest

Interests and hobbies: Interests include music, international politics and economics, history, foreign languages, and open-air sports.Traveled extensively in United States, Western and Eastern Europe.

Work History

Work History

Consultant

Andersen Consulting (now Accenture)

Andersen Consulting (now Accenture) is one of the largest consulting firms in the world. Within Andersen Consulting, I worked in the Financial Services Division, which rendered its consultancies to Italian banks and financial institutions. Worked on different projects (Treasury, Portfolio Management, General Ledger) with the major Italian banks.Coordinated the P.R. activities concerning the Italian executives contacted for the Delphi Study on the Evolution of European Capital Markets (Results of study published by "The Economist").Designed graphic presentations and brochure covers for study results material. Instructor in several training sessions and seminars at Andersen International Center in St. Charles, Il., USA

Feb 2007 - Present

Group CFO

PMC Operations

Head of Finance & Administration and Treasury in the service company of the second largest contact center group in Italy. Turnover in excess of Euro 90 Million. Total headcount 6,500 people. The Group will be listed in the Stock Exchange in London (AIM) by the end of 2009. Responsible for the Group’s IPO Project: investors’ relation, financials, governance and policies compliance. Performed due diligence for the acquisition of four new companies. Appointed President of the Board of Directors in two of them. Lead the integration of treasury, reporting and financial systems of the Group’s companies (twelve different legal entities). Chairman of the Steering Committee for the implementation of Hyperion Ess-Base Business Intelligence System. Member of the Shareholders’ Advisory Board. Direct report to the President of the Group.

May 2006 - Oct 2006

Business Development

MyBlueZebra

Fund raising and strategic planning for a Voip telecommunication start-up. Presented Business Plan to investors in European countries. Devised partnership proposals for marketing and commercial activities in Eastern Europe. Evaluated distribution channels for retail and B2B activities. Analyzed fiscal and legal impact of international transactions and local partnerships.

Jan 1996 - Apr 2004

CFO

Universal Music Italy

As Chief Financial Officer of UMIT, my responsibilities included: Accounting, Fiscal & Tax, Budgeting, Reporting, Forecast, Business Affairs, Sarbanes-Oxley compliance, Statutory Books, Credit Collection, Royalties & Copyrights, IT, Human Resources, and General Services. Functional responsibility over logistics and distribution. Managed a team of 28 people. Direct report to Country Managing Director. Functional report to Universal Music International Chief Financial Officer (London, UK).Managed the merge between Universal Music S.p.A. and PolyGram in Italy. Achieved total annual savings in excess of 6.7 Million Euro. Negotiated contract renewals with most important artists of UMIT local roster such as Zucchero, Jovanotti, Antonacci, Grignani, Renga, Nannini and Negrita. Achieved or exceeded CFFO targets in the last three years.

In addition to the CFO functions, I took charge of other divisions and business areas. Eventually, I managed a total staff of 41 (out of a total of 80).

·        New Media

·        Universal Music Mobile

·        DVD production:

·        Sponsorships

·        Universal Strategic Marketing

·        Co-marketing

·        IMF (International Music Feed – ipTV)

·        Board membership: member of the Board of Directors of Universal Music Italia and Centenary S.r.l. (Italian Holding). Member of the Board of Directors of SCF (Società Consortile Fonografici – Italian Producers’ Collecting Society). Member of the Council of “Aziende Videofonografiche” (Music and Video Companies). Member of Vivendi-Universal Media Council for negotiation of media buying. Member of FIMI (local ifpi) Directorate.

Nov 2006 - Feb 2004

CFO

Micro Focus APM Solutions

Performed review of acquisition due diligence. Evaluation of acquired company’s financials. Budget, Forecast, Reporting, Statutory and Cash Flow analysis of the acquired company’s entities (Italy, Switzerland, UK, Spain, Germany and Bulgaria). Integration of acquired company’s financial systems into Group’s. Review and rationalisation of company’s policies and procedures. Implementation of standardised projects’ evaluation system. Assisted HQ’s Human Resources in implementing restructuring plan.

Jul 1994 - Dec 1995

CFO

Diagram Italia

Chief Financial and Administrative Officer at Diagram Italia, a company of the Groupe France Télécom, which operates in the software services industry.Member of the Board of Directors.Managed a group of sixteen people. Prepared Budget, Forecasts, and Reporting for the group's companies. Performed strategic reorganization analysis of business units and prepared financials for personnel restructuring plan.Performed internal audit of controlled companies. Took part in negotiations with trade unions at Assolombarda. Developed internal and operating procedures for Diagram Italia and controlled and affiliated companies. Functional report to Diagram Holding (Paris, France) Chief Financial Officer

May 1993 - Jun 1994

Deputy Finance Director

Recordati Industria Chimica e Farmaceutica

Deputy Finance Director & Treasury Manager reporting to the Vice President and Chief Financial Officer at Recordati Industria Chimica e Farmaceutica, a major Italian chemicals and pharmaceutical company. Managed a group of four people.In charge of Special Projects within the Finance and Administration Division.Developed and implemented operating and IS procedures for Treasury and interfaces with other departments. Responsible for Relations with Foreign Branches.Controller for foreign branches financial performance.

Nov 1991 - May 1993

Finance & Administration Project Mgr

NCR Italia

Project Manager for Italy in relation to the implementation of General Ledger, Accounts Payable, Accounts Receivable, Purchasing and Fixed Assets modules in the Oracle Financials Systems as part of the Financial Management System (FMS) program of the NCR Europe Group.Managed an international team comprising eight people.Developed, personalized and modified the original system package to adapt it to the fiscal requirements of the Italian environment.(The programs created were also used in NCR offices in other 'Latin' countries).Completed General Ledger installation under budget.(Saved more than one hundred man-hours and 20% of dollar budget).Prepared and gave presentations to top management of both AT&T-NCR and other companies'. Representative for NCR Italia on the Committee of the Project Implementation Group and the FMS User Committee. The project was the first installation of Oracle Financials in Italy and in Southern Europe. Responsible for relations between NCR Europe Group, Dayton, Ohio, USA and the Financial and Administrative Directorate of NCR Italia.

Dec 1990 - May 1991

Consultant

Aquest Enterprises

Feasibility study for the privatization of a Soviet State Cooperative.Performed financial evaluation of current operations. Completed strategic reorganization of business units.Analyzed attractiveness for potential Joint Venture with foreign partner.Los Angeles, Ca., U.S.A. - Sochi, Russia.

Education

Education
Aug 1989 - Jun 1991

MBA

Anderson Graduate School of Management at UCLA.Member of International Business Club, Entrepreneur Association, Investment-Finance Club.Organized the seminar "Beyond 1992: doing business in the new Europe" (lecturers from Bankers Trust, AT Kearney, Procter & Gamble, and School of International Relations at USC).

Oct 1979 - Mar 1985

Bachelor of Science

Università Luigi Bocconi

Universita' Commerciale Luigi Bocconi, Milan, Italy.Concentration: International Economics.Graduation Thesis: "Trading Companies and Internationalization Process".

Sep 1974 - Jul 1979

Maturità Classica

Liceo Ginnasio Beccaria

Skills

Skills

Computer

Experienced PC and Apple computer user. Oracle Financials General Ledger and Accounts Payable, Hyperion, MS Office applications

Foreign Languages

Italian: mother tongue. English: fluent (GMAT 660, TOEFL 651). French: very good. Spanish: good working knowledge. Serbo-Croatian: intermediate. Russian: attended Intensive Russian Language Course at St. Petersburg State University, St. Petersburg, Russia, Summer 1990.