Bill Devitt Email & Phone Number

Morristown, Nj, Us

Wayne, Nj

US employment law counsel to an HR and Benefits team serving over 3,400 employees. Engaged in supporting strategic HR talent acquisition and management strategies to enable operational growth initiatives.Experienced in counseling HR on risk mitigation strategies during hiring, progressive discipline and separations decisions; skilled in developing polices and procedures.Proactive management of Affirmative Action plan compliance, as well as FLSA, FMLA, Title VII, ADA interactive process administration and data privacy laws.Managing litigation through outside counsel.++++++++++++++++Valley National Bancorp (NYSE:VLY) is a regional bank holding company headquartered in Wayne, New Jersey with approximately $23 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 200 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida. Valley National Bank is one of the largest commercial banks headquartered in New Jersey with Executive Offices in Manhattan and West Palm Beach. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. For more information about Valley National Bank and its products and services, please visit a convenient branch location or call our Customer Service Team at 800-522-4100.

Allendale Nj

Advising US commercial teams and HR business partners of a Swiss multinational with pharmaceutical CDO/CMO and chemical manufacturing business units.- Negotiating and drafting commercial contracts for CDO/CMO services, pre-clinical API development and clinical through commercial supply, as well as other product sales and distribution arrangements, raw materials procurement, research and development, employment and consulting services, IP licensing and IT service agreements, and documentation of financial and capital markets transactions.- US employment law counsel to an HR team serving over 3,100 employees; advising on risk mitigation in hiring, progressive discipline and separations decisions; skilled in developing polices, procedures and forms - Advising on compliance with Affirmative Action plan compliance matters, as well as FLSA, FMLA, Title VII, ADA interactive process administration, and data privacy laws- Managing outside litigation counsel; administering global ethics hotline; leading US internal investigations- Continuous training of marketing and product management teams on advertising claim substantiation; sales teams on contract terms, compliance and antitrust; HR Business Partners, operational managers, employees on policies

Managed legal and operational infrastructure projects for several privately-owned companies- Drafted and negotiated commercial agreements- Negotiated licensing and joint venture relationships- Evaluated operational procedures and controls for several clients; implemented best practices reporting processes & standards- Conducted due diligence document review and data room activities- Advised on legal, business and financial issues in lease negotiations for office expansion and renovation- Redrafted information memoranda and business plan documents to enable private equity offerings- Developed a formal HR function; migrated 401(k) plan to new financial advisor, rewrote employee handbooks, evaluated legal issues in using a biometric automated time collection system- Rapidly developed a detailed cash flow model before peak borrowing period to forecast inventory, L/C and factored receivables balances, thereby accurately determining the client's borrowing base- Established Treasury functions; created efficient banking structures, monitored and reported on financial covenant compliance

Established an in-house Legal department for a privately held manufacturer of Class I and II medical devices with 2005 annual sales of $97 million in 15 countries; managed treasury and corporate finance projects- Advised and directed internal compliance / regulatory teams on FDA requirements, OIG guidelines, HIPAA, Stark laws, CMS reimbursement issues, FTC advertising rules and corrective action programs; assisted in post-sale SOX controls analysis- A principal company representative in asset sale to PE firm and subsequent stock sale to strategic buyer- Key member of strategic planning team; multi-year financial plan returned 2 times invested capital on sale (70% IRR)- Supported HR department in legal aspects of all employment matters- Engineered capital asset sale and leaseback project- Managed IP portfolio of over 50 patents and 20 trademarks (10 applications in 2005) initiated licensing program- Negotiated and drafted R and D, consulting, IT, independent sales rep, employment, invention assignment and other agreements- Developed FX and interest rate risk management strategies- Supported lean manufacturing initiative (Six-Sigma-like method)- Directed litigation in products liability, contracts, and employment matters- Led federal, state and local lobbying efforts

Primary responsibility for all aspects of global treasury, legal affairs, taxation, and corporate finance.- Directed an acquisition campaign that evaluated over 250 companies and brought 6 deals to the Board in 12 months, resulting in 4 offers to targets- Reengineered capital structure by negotiating a committed, unsecured $45 million syndicated working capital facility- Introduced EBITDA, ROI and other metrics in financial management- Managed working capital by determining the relevant drivers of liquidity; reduced forecast peak seasonal credit facility usage by 40%- Developed tax-advantaged restructuring strategies with NPV in excess of $2 million- Designed and implemented dynamic foreign exchange hedging strategy; reversed a $3 million overhedged loss to a neutral position

B.B.A., Accounting

Activities and Societies: Interhall Soccer (1981 champions)broad business curriculum, with a concentration in Accounting

Jd, Law

academic focus on general corporate law and taxation

Certification Program, Healthcare Compliance

Program Goals: 1) provide an understanding of the legal and regulatory underpinnings of pharmaceutical and medical device industry.