Alan Bailey Email & Phone Number

Louisville, Kentucky Area

Led a team of 25 (4 direct reports), responsible for treasury operations, capital management, cash flow and balance sheet forecasting, investment operations, and corporate risk management and insurance, managing a $90M annual budget and $400M of interest expense.• Headed treasury management across regulated and non-regulated business segments, encompassing 400 accounts and a sophisticated intercompany funding structure. • Led capital structure strategy and execution, in context of debt/equity mix, maintenance of adequate liquidity and excess capacity, and rating agency constraints.• Directed capital market activity, including debt and equity issuance, credit facilities, commercial paper, real estate financing, and capital and operating leases.• Managed forecasting, planning and analysis of cash flow, balance sheet, and liquidity, at consolidated, parent, segment, and legal entity levels.• Led operations and accounting for an $18B investment portfolio, including systems, compliance, management/board reporting, and GAAP and Statutory insurance filings.• Headed corporate insurance program encompassing a full stack of coverages ($2B aggregate, 160 policies), and a $200M captive insurance company.• Directed return of capital strategy, analysis and execution, including share repurchase and shareholder dividends.• Managed relationships with banks, bond investors, and rating agencies, regarding operating results, business strategies and strategic developments.• Conducted due diligence and integration activities for acquired companies as to treasury, capital, cash flow, and corporate risk management ($10B of transactions).

Louisville, Kentucky Area

Led a team of 3, supporting the treasurer with capital structure strategy and execution, balance sheet forecasting and modeling, and banking and rating agency relationships.• Managed all interest rate risk management activity relating to debt and investments, including evaluation and analysis, monitoring, and strategy execution. • Arranged and managed a $2B commercial paper program utilized for short-term liquidity needs, terming out balances with bond issuance as necessary.• Worked closely with real estate, IT finance, and aviation teams in lease vs. buy analysis, lease structuring and execution, and sale leaseback transactions.• Partnered with ERM committee to identify and report on risks regarding interest rates and financial markets, investment portfolio credit quality, and capital market access.• Worked closely with business operators to manage risk sharing arrangements with capitated medical providers, including securitizing risk exposure.• Partnered with corporate development to ensure appropriate capital availability to meet outstanding and planned commitments.