Bill Warrin Email & Phone Number

Media Pa

At New Direction Capital we provide the benefit of a CFO, without the cost of hiring a CFO full-time and is the affordable strategic choice that fuels our business philosophy. By providing CFO expertise to businesses for financial services, strategic planning, financial plans, and profitability we serve as key resource for structuring of debt, management of your financials, cost-cutting and expansion. We gain full understanding of the client’s financial and business requirements to develop business plans for growth. Keen ability to locate and structure financing through large network to support expansion. To learn more about how Bill Warrin and New Direction Capital can help your company, contact him today at 267.496.8040, billwarrin@newdirectioncapital.com.

Greater Philadelphia Area

Recruited for in-depth knowledge of all internal financial functions including controllership, budgeting, general accounting, financial reporting, financial/business/operations analysis, systems development and audit. • Supported 7% annual growth rate in retail sales along with 10% annual increase donations for 3 years.• Structured a $16M loan facility which consisted of revolving line of credit, growth capital for opening new stores, equipment line of credit for vehicles, and loans to support the generational ownership transition for the family. Reduced interest expense by $50K and opened new stores and donation sites.• Converted payroll processing to ADP Workforce Now for 1,300 employees, reduced two staff positions while reducing State unemployment rates saving $100K annually.

Greater Philadelphia Area

Leveraged experience in building relationships with banks, financial institutions, investment bankers and boards with keen ability to assess complex situations, identify underlying business and operational issues, and drive resolution of major financial and process problems. • Renegotiated $6M line of credit and term loan securing interest rates below 3%.• Reorganized the administrative functions to support the 3-year 23% compounded growth.

Greater Philadelphia Area

Led management buy-out of the LA Weight Loss brand in 2008; stabilized the business and re-established the brand by launching an e-commerce platform. Remained cash positive immediately after the buy-out. • Established a continuity sales model to drive repeat sales to the site. Re-established supplier and franchise relationships.• Sold the business to a Canadian Weight Loss Company after completing a 2-year turnaround and integrated the finance, IT, and purchasing functions into the Toronto office in 6 months.

Greater Philadelphia Area

Directed all financial, IT, and purchasing functions including POS, telecommunications and inventory supporting a 25% annual growth rate. Effective in building strong financial operations and organizations. • Converted all operating and financial systems from legacy systems to an Oracle platform.• Developed field based controls over cash and inventory; reduced missing deposits and shrinkage.• Created a budgeting and forecasting system improving ability to react to changing market conditions. Developed an entire management reporting package to provide management with timely reporting.• Upgraded and enhanced a new POS using the TOMAX system which significantly increased the transaction flow and provided annual savings of $500K in credit card fees.• Implemented a third-party financing alternative (Care Credit) to prospective clients increasing sales and average order size by 20%.• Renegotiated numerous contracts saving >$1M annually while improving service levels.

Warren Pa

Created an acquisition strategy to identify target companies and joint ventures to leverage existing core assets. Built relationships with investment banks, commercial banks, and other parties to source acquisition opportunities; led deal evaluations, performed due diligence, and negotiated terms.• Led the due diligence, structuring, and negotiations for two acquisitions and one joint venture providing the coordination with investment bankers, attorneys, internal resources, and other relevant external consultants.• Opened Blair International to launch offshore sourcing in the Pacific Rim and India reducing product costs by >$3M annually. Offices in Hong Kong, Singapore, and New Delhi.• Implemented an inventory management process, which reduced inventory by $50M (50%), while maintaining fulfillment and service levels.

Greater Philadelphia Area

Chief Financial Officer with financial oversight of a $1.2B highly decentralized managed services business with >30K employees, 750 contracts in 45 states for Fortune 100 companies and government agencies.Led the highly successful acquisition and integration of a $180M food service business in less than six months, achieving first year results 15% above plan. Piloted a value management program that enhanced shareholder value by linking key business decisions to critical operating metrics within the business.Managed the design, testing and implementation of a new Oracle financial and metric system. Established a formal management development process that reduced turnover and promoted internal talent.

Greater Boston Area

Chief Financial Officer managing staff of 50 responsible for the finance and accounting operations including financial planning, analysis and reporting, inventory control and credit and collections.Led the due diligence, structuring, negotiations and integration of two $100M businesses from the initial phases of analysis through closing. Developed and implemented an exit strategy for owners by turning around their retail division and divesting it; acquiring mail-order companies to add distribution channels. Worked with Goldman Sachs to position and sell the business for $104M to ARAMARK, realizing a large liquidity event for the owners.