Michael Briskey

Work History

Work History
Feb 2005 - Mar 2009

EVP & Chief Financial Officer

ATX Group, Inc.

World’s second largest provider of telematics services for the automobile industry.ATX (revenue of approx. $75 million) provides engineering and response center services similar for Mercedes, BMW, Toyota/Lexus and one undisclosed new customer.

-Led all negotiations for transaction in which Cross Country Automotive Services (CCAS) acquired ATX Group, Inc. (closed September, 2008).Transaction valued up to $200 million.

-Managed integration efforts and successfully transitioned ATX financial leadership to CCAS.

-Supervised financial and accounting staff in U.S. and Düsseldorf, Germany.

-Optimized capital structure; executed leveraged recap ($30 million of debt financing and payment of $50 million dividend).

-Developed all pricing proposals and negotiated OEM contracts (multi-year contracts worth up to $130 million).

-Directed investor communication and actively participated in all board of director meetings.

-Controlled all risk management functions.

Nov 1997 - Feb 2005

SVP Finance & Treasurer

http://www.acecashexpress.com

Nation’s largest owner, operator and franchiser of check cashing stores and provider of retail financial services.Revenue exceeded $247 million from company-owned and franchised stores in 35 states.

SENIOR VICE PRESIDENT of FINANCE and TREASURER2004 – 2005

VICE PRESIDENT of FINANCE and ASS'T TREASURER (Interim CFO 2003)2001 – 2004

ASSISTANT VICE PRESIDENT – FINANCE1998 – 2001

SENIOR DIRECTOR – FINANCE1997 – 1998

-Directed financial staff that supports 12 nationwide regions and over 1,200 retail locations (during period in which revenue tripled to $247 million and store count doubled to 1,230).

-Managed bank relationships and $200 million credit facility with bank syndication group led by Wells Fargo and JP Morgan Chase

-Attracted new lenders; implemented hedging strategies; oversaw daily borrowing projections and strategy; managed multiple credit renewals.

-Played a lead role in $90 million secondary equity offering, including S-3 development and road show presentations.

-Secured a $200 million asset-back commercial paper facility and played an integral role in placing $40 million of senior secured notes.

-Managed entire acquisition process, including negotiations, analysis and due diligence (40 separate transactions, 263 locations, contributing $18 million of annual operating income).

-Controlled entire Risk Management function (workers’ compensation, general liability, property, auto, crime, fiduciary, errors & omissions, D&O, umbrella).

-Selected and managed implementation of Executive Information System (Hyperion Essbase) and Data Warehouse, which facilitated annualized margin improvements of $5 million.

-Managed Cash Operations and Control department that coordinated all cash deliveries and inventory levels and daily sales audit.

-Implemented Sarbanes-Oxley policies and procedures, including Whistle-Blower, Disclosure Control, and Internal Financial Statement Certifications.

Education

Education

Objective

My objective is to be the CFO at a small to mid-size company, where I can partner with the CEO in driving the growth strategy.

Summary

SUMMARY

Senior financial executive with public and private company experience in a variety of industries.My objective is to be the CFO at a small to mid-size company, where I can partner with the CEO in driving the growth strategy.

CAREER HIGHLIGHTS

·Significant capital raises (bank debt, asset-backed commercial paper, and equity)

·Managed all aspects of M&A activity (individual asset deals and sale of entire company)

·Partnered with CEO to drive growth strategy and margin improvements

·Multi-million dollar vendor and customer contract negotiations

·Primary interface with Board of Directors and managed all investor relations

·Public and private company experience; domestic and international operations