Mark Crompton Email & Phone Number

Variety of treasury responsibilities including three commercial paper programs, short term cash investments for parent and subsidiaries. Bank credit line administration and cash operations.

Determined staff levels, selected personnel, and evaluated treasury software for start-up of corporate cash management groupManaged all cash management processes and teamed with internal and external auditors to design SOX testing and complianceDetermined structure and set up multi-bank pooling system. Process reduced banking fees, maximized concentration of cash for reduction of borrowing needsMaintained counter party relationships and executed foreign exchange transactions for spot and hedging purposesIdentified essential input and tracking tools to develop company’s first comprehensive cash forecasting process. Maintained weekly involvement in updating forecasts and analyzing variancesDeveloped policies and strategies for short-term investment activities. Maintained hands-on responsibility for $500M to $6.0B surplus cash portfolioManaged $500M dealer-placed commercial paper program

Domestic and International Cash Management Managed all external cash management services, including RFPs for new services. Achieved reduction of fees through improved tracking and negotiation. Initiated outsourcing, automation, and performance monitoring projects to increase efficiencies.Improved global cash forecasting and tax saving efforts, allowing senior finance management to mobilize $1.2B in surplus cash to satisfy specific cash and debt targets.Planned and evaluated providers for regional Treasury centers in Asia and Europe

Served as financial member of divisional management team. Built business plans that supported profit increases of up to 45% over prior yearManaged overall finance team, providing support and guidance to the business unitCreated gross margin and revenue analysis for monthly management operating reviews. Financial input improved processes, delivered long term savings, and enhanced productivity. Collaboration with manufacturing and IT regarding tax benefits from production transfers between plants enabled management team to accelerate transfer and realize up to $4M in additional after tax earningsServed as financial lead for new business project teams. Collaborated with technical and marketing team to create and upgrade viable business valuation models. Led efforts to improve internal control compliance and education efforts for the business unit with sales of $1.3B.

Developed and upgraded tools to provide financial planning coverage to newly created, $500 million business unit.Created gross margin and revenue analysis for monthly management operating reviews

Managed credit relationships for wholesale customer groups with as much as $500M total exposure. Introduced usage of letters of credit and other credit management tools to enable expansion of new profit opportunities.