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I am results driven strategy and finance executive with a proven track record of assisting entrepreneurs improve business performance across industries. I am motivated by the opportunity to drive profitable growth in organizations. I differentiate myself through an action oriented, "get it done" approach that is supported by excellent analytical, problem solving and people skills.My background provides a unique combination of hands-on industry and high-end professional services experience. My industry experience as a CFO/President/COO ranges from strategic planning to financial analysis to accounting management to capital markets transactions. As a management consultant and investment banker, I developed my top-notch analytical, financial modeling and problem solving skills. I understand what it takes to build and grow a successful business and possess the tool kit and experience to make it happen.Specialties: - Profit and loss management - Strategic planning- Turn-around management- Financial planning and analysis- Accounting management- Hands on management of the human resource, insurance, real estate/facilities and legal functions- Industry experience in supply chain/logistics, high tech, wireless, IT services and digital media
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Chief Financial OfficerParamount Global Jan 2023 - PresentLa Mirada, Ca, Us -
President/General Manager Business UnitAmber Resources Family Of Companies Jan 2022 - Oct 2022Long Beach, Ca, UsThe Amber Resources family of companies ($400M sales/3 legal entities) is one of California’s largest petroleum distributors. I served as the company’s CFO for ten years partnering with the owner/CEO to grow EBITDA by 5x through organic growth, improvement in operational efficiency and strategic acquisitions. These efforts culminated in the successful sale of the company to Renewable Energy Group (REG) in December 2021 (owner exited). I then served as President/General Manager of the entity for REG through October 2022 when I chose to leave the organization after REG was acquired by Chevron. • Led the organization in exceeding 2022 EBITDA and growth targets through October• Co-developed the strategy for leveraging Amber Resources capabilities to support REG’s growth and profitability goals• Managed the cross-functional integration of Amber Resources into REG• Partnered with Amber Resources Controller to meet public company financial reporting requirements beginning with 2021 year-end closing. Reduced days to close by 50% in January 2022. -
Chief Financial OfficerAmber Resources Family Of Companies Jul 2012 - Dec 2021Long Beach, Ca, Us• Executed the successful sale of the company in partnership with owner/CEO at an industry leading multiple• Led strategic planning for the organization and executed major strategic initiatives• Executed the Finance function including implementation of financial projections/budgets and a portfolio of performance reports/metrics including business intelligence (BI) software; Managed bank relationship; completed two strategic acquisitions• Oversaw Controller (direct report) and Accounting function including monthly financial closing, process improvements and execution of auditor’s financial reviews as well as corporate tax returns• Managed Human Resources function including implementation a profit-sharing program, restructuring of the benefits program including transition to ASO model for medical and managing all aspects of 401k plan• Partnered with Director of IT (direct report) to upgrade the company’s IT infrastructure, enhance network and data security, implement a SQL data warehouse and co-led all major software implementations• Managed the company’s insurance program including transitioning workers’ compensation insurance to a captive resulting in significant cost savings, enhancing competitive bidding for all other policies and procurement of a credit insurance policy to enable growth and mitigate risk• Oversaw all real estate activity including the acquisition of 5 pieces of property that were previously leased as well as the negotiation of multiple other lease renewals. • Managed all corporate legal activities including contract negotiation, employment matters such as wage/hour and PAGA claims and corporate litigation in partnership with various outside counsel • Developed a corporate safety program in partnership with Director of Safety (direct report) focused on the principles of training, observation/coaching, incentives and discipline -
General Manager - K12 Software DivisionRevolution Prep Jun 2011 - May 2012Los Angeles, California, UsRevolution Prep is one of the nation’s fastest growing providers of online educational services. I joined the company as its first CFO/COO to develop its financial and operating management. I then assumed a leadership position for the SaaS operating unit. • Led development of 2012 divisional strategic and operating plans with the goal of elevating market position - Implemented a new divisional operating model to shift target customer from schools to school districts - Integrated a team of business development consultants to target school district customer segment - Instituted revised commission plans and role/responsibility definition across the sales team• Directed marketing, implementation and product initiatives to align with new school district value proposition• Hired a Vice President of Sales to manage sales team and improve sales operations infrastructure -
Chief Financial OfficerRevolution Prep Jun 2009 - May 2011Los Angeles, California, Us• Executed a minority equity investment with a private equity firm to secure capital for growth • Built and led the company’s finance and accounting functions - Hired accounting team; Implemented monthly financial closes; Led annual audit and tax preparation - Instituted financial planning capability including annual budget/projections and weekly cash model - Re-implemented Great Plains software to reduce monthly close and improve management reporting - Directed the development of performance reports and metrics for all divisions/functions • Implemented a phantom stock (SAR) long-term incentive plan• Executed acquisition of Ivy Insiders Inc. ($4M) which contributed $1M of EBITDA year 1 post close• Secured a SBA debt financing ($1.5M) and increased line of credit ($2.0M) to optimize capital structure• Implemented and managed company-wide strategic and operational planning processes• Managed human resources, insurance, legal, real estate, and recruiting capabilities -
Chief Financial OfficerGoods Movement Inc./Total Transportation Services Inc. Sep 2006 - Dec 2008Goods Movement Inc. (holding company - $140 million) is a national provider of logistics related services and is comprised of three operating companies. Total Transportation Services, Inc. ($70 million), the largest operating company, is a leading third-party logistics provider. Goods Movement Inc. (Holding Company) • Led financial/accounting activities across three operating companies including consolidated reporting• Managed all aspects of relationship with lending syndicate ($50 million term loan)• Co-led acquisition of W&H Systems and NACITotal Transportation Services Inc.• Catalyst in driving revenue from $53 million (2006) to $70 million (2008P) through strategic initiatives• Executed financial planning and analysis efforts across three distinct business lines• Built a finance and accounting function which accomplished lender reporting requirements in first month post deal close• Managed insurance, real estate and legal capabilities
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Vp Finance/Vp OperationsBf Consulting Sep 2005 - Aug 2006Frazier Co., Private Equity (Total Transportation Services Inc. acquisition – reach impasse in November 2005) • Engaged to complete due diligence efforts and assume Chief Financial Officer position upon closing• Served as a key interface with financing providers; oversaw preparation of financial diligenceSouthland Stone, Natural Stone Distributor and Retailer • Developed a strategic plan focused on spurring growth for a profitable niche player ($12 million)• Recommendations focused on opportunities for growth by acquisition and forward integration into installation services• Offered Chief Operating Officer position upon completion of projectTangerine Global, High Definition Entertainment Programming (Long-term consultant for “start up” enterprise) • Led financial planning & analysis efforts• Built and executed a project management capability• Upgraded accounting function capabilities
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Chief Financial Officer/Chief Operating OfficerAdvanced Business Innovations, Inc. Jun 2003 - Sep 2005Canoga Park, California, UsAdvanced Business Innovations provides computing and telecommunication solutions to medium and small-sized businesses in Southern California. • Developed strategic planning which led to annualized revenue growth of over 30% and a 100% increase in net margin• Oversaw all aspects of operations and finance with responsibility for a $850k budget and 12 employees• Implemented 1-year restructuring of core operations (customer service, order execution, tech field force management) which enabled 35%+ annualized revenue growth supported by a minimal increase in operating cost• Established a financial management function that increased visibility to financial performance and improved cash flow -
Senior Manager - Strategy ConsultingAccenture Sep 1999 - Jul 2003Dublin 2, IeSenior Manager (3/03 - 07/03); Manager (3/00 - 2/03); Senior Consultant (9/99 - 2/00)Industry Focus: Telecommunications (wireless voice and data); High TechnologyFunctional Focus: Corporate and Operating Division strategy, Operational execution and improvementSelection of Project Work: 1. Strategic scenario planning tool for 3 to 5 year evolution of the wireless industry2. Business plan for wireless data division including strategy and operating model3. Competitive benchmarking tool for wireless rate plans utilizing conjoint analysis4. New product prioritization and product pipeline management5. Operating model for servicing global customers6. Cost reduction plan for a $1.2 billion IT cost center7. Network build out strategy to support a 300% increase in network requirements -
Assistant Vice PresidentLeifer Capital Aug 1992 - Aug 1997Leifer Capital served as a boutique investment bank specializing in public finance. Firm had 3 partners and 10+ employees with annual revenues of over $5 million. Leifer Capital was acquired by a regional investment/commercial bank in 2000.Assistant Vice President (1/97 – 8/97) • Structured 6 fixed-income capital market financings totaling a par amount of over $220 million• Managed all phases of client relationships including new business generation and deal managementAssociate (6/95 - 1/97) & Analyst (8/92 – 6/95)• Structured over 30 fixed-income capital market financings totaling a par amount of over $3 billion• Created quantitative models for capital market financings
Bill Frank Skills
Bill Frank Education Details
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Ucla Anderson School Of ManagementEntrepreneurship And Strategy -
UclaPolitical Science
Frequently Asked Questions about Bill Frank
What company does Bill Frank work for?
Bill Frank works for Paramount Global
What is Bill Frank's role at the current company?
Bill Frank's current role is Chief Financial Officer at Paramount Global.
What is Bill Frank's email address?
Bill Frank's email address is bi****@****ces.com
What schools did Bill Frank attend?
Bill Frank attended Ucla Anderson School Of Management, Ucla.
What skills is Bill Frank known for?
Bill Frank has skills like Strategic Planning, Turn Around Management, Business Planning, Income Statement, Business Development, Analysis.
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