Monty Houdeshell


Public Company CFO & CAO for 20+ years.

Results oriented MBA with a proven record of leadership building teams of highly competent professionals that increased shareholder value and achieved profitable growth. Competencies include:

• Corporate Governance• Restructurings and Turnarounds

• Public Offerings and SEC Reporting• Operations Management

• Strategic Planning• Acquisitions & Business Development

• Executive Compensation• Investor Relations

Industry Experience: Internet / eCommerce, professional services,  medical device manufacturing, polymer components manufacturing, materials technology, electronic components and materials manufacturing, entrainment, media, broadcasting

Board Experience: $500 million staffing company, $100 million commercial real estate company

Work History

Work History

VP Finance & Administration, Music Division

Twentieth Century-Fox Corp.

NYSE listed recreation and entertainment conglomerate including film, television, music, theatres, broadcasting, resorts, film processing, and theme parks. Sales $800 million ($2.8 billion inflation adj.), employees 8000.

Music Division, Vice-President, Finance and Administration; Vice-President and Controller; ControllerCorporate Office, Manager, Acquisition and Investment Analysis; Supervisor; Senior Financial Analyst

Jan 2007 - Present


NASDAQ listedinternet automotive research and marketing services provider. Sales $100 million

Responsible for accounting, treasury, financial planning, internal audit, business process improvements, business intelligence, and investor relations

·Initiated cost reductions totaling more than $28 million annually

·Implemented financial reporting , and ad ops management systems

·Reduced finance and accounting staff and costs by 67%

·Reduced IT staff and costs by 40%

·Established Internal Audit and Business Process Improvement functions

·Established management reporting, budgeting, forecasting, and planning disciplines 

Dec 2002 - Jun 2006


NASDAQ listed provider of temporary professional staffing services. Sales $500 million ($600 million inflation adj.); 240 offices nationwide.

Responsible for human resources, legal affairs, information technology, accounting, treasury, internal audit, risk management, facilities, purchasing, and investor relations.

·Managed turnaround resulting in annual growth in market value of 25%.

·Executed a strategic plan that increased profit margins from -6 % to +2% of sales.

·Restructured workers’ comp program resulting in $16 million savings annually.

·Reduced corporate administrative costs annually by $5 million.

·Completed Sarbanes-Oxley 404 implementation with clean audit opinion.

·Developed a plan for the outsourcing of all IT systems and infrastructure.

·Managed successful completion of several major litigation matters.

·Re-negotiated bank lines and completed shelf registration.

·Implemented overhaul of financial reporting and installed new financial systems.

Jan 1988 - Nov 1999


NYSE listed global multi plant-manufacturer of high-performance polymer components for industrial markets, and medical supplies and devices for the healthcare industry. Sales $500 million ($700 million inflation adj.), employees 3400.

Responsible for strategic planning, business development (11 acquisitions and 16 divestitures), all financial areas, investor relations, information systems, human resources, and legal.

·Led strategic planning process, realizing 12 year compound annual growth in market value of 23%,    earnings of 16%, sales of 13%, and doubling return on assets and return on equity.

·Initiated a restructuring that increased profitability by 25%.

·Initiated a world-class manufacturing program, improving margins by 3 percentage points.

·Implemented Economic Value Added (EVA) as the measure of performance and compensation.

·Restructured, decentralized and upgraded the finance team, reducing headcount 23%.

·Redirected the tax function from compliance to planning, reducing tax rate from 51% to 27.5%.

·Instituted a proactive investor relations program, more than doubling institutional ownership.

·Executed a $125 mm public offering, redemption of debentures, and $250 mm line of credit.

·Created systems to provide real-time sales and profit by market, customer, region, or product. 

Oct 1981 - Jan 1988


Oak Industries Inc.

NYSE listed global multi-plant producer of electronic components, controls, and materials; communications and cable television equipment; and pay-TV programming. Sales $725 million ($1.5 billion inflation adj.), employees 11,300.

Vice-President and Chief Financial Officer, Corporate Office, 1985 - 1988

Vice-President Financial Planning and Analysis, Corporate Office, 1984 - 1985

Led a turnaround of the business and completion of restructuring. Supervised the divestiture or liquidation of more than 25 businesses and four acquisitions.

·Established financial systems that received commendation by the SEC

·Saved in excess of $10 million annually by restructuring the cable converter business.

·Eliminated losses at satellite communications subsidiary by assuming direct responsibility.

·Reduced administrative costs $30 million annually by restructuring corporate staff.

·Increased net worth from negative $65 million to positive $65 million through low-cost plants, product re-           designs, new products, purge of products, and inventory reductions.

·Developed corporate-wide budgeting, forecasting and management reporting systems.

·Restructured capital through four public offerings, reducing annual debt service by $25 million.

·Negotiated the sale of a major division, raising $153 million in cash.

·Discontinued the company's pay television operations, saving cash in excess of $30 million.

Vice-President Finance, Oak Media Development, Subsidiary, 1981 – 1983

Responsible for all administrative areas. Reduced film licensee fees 42%, saving $18 million annually



BS. Business Administration