Bob Conologue Email & Phone Number

New York, New York

Senior financial and administrative executive for this rapidly growing restructured company focused on the LED and display technologies segments.

Delivers a spectrum of strategic business expertise tailored to address the needs of startups and companies at a critical growth stage or turnaround phase. CRT Consulting clients benefit by engaging only those specific services laser-focused on meeting key business objectives, while helping to manage costs.Areas of CRT strategic business expertise include:• Strategic Management and Alignment • Operations Strategies• Acquisitions and Divestitures • Turnarounds and Restructurings• Business Plan Development• Bank NegotiationsCRT Consulting. Nimble. Experienced. Focused on results.

Cranbury, New Jersey

Executive with financial, IT and administrative responsibilities for this rapidly expanding multichannel retailer of fine art supplies. Utrecht is a private equity portfolio company that has expanded to 40+ retail stores. • Recruited to improve financial function and prepare company for sale. • Improved quality and timeliness of all financial reporting, analysis and forecasting.• Had primary responsibility for the due diligence data room. • Worked closely with the CEO to prepare information and make presentations to prospective buyers.• Primarily responsible for providing requested information to prospective buyers.• Financial and operational improvements led to successful sale to a strategic buyer.

New York, Ny

Second in command and Chief Financial Officer for privately held $100 million global manufacturer and marketer of branded vitamins and supplements. Responsible for finance/accounting, IT, administration and supply chain. – Designed and executed a turnaround plan that increased EBITDA to $10 million from breakeven in the first year. – Implemented customer profitability reporting within the sales organization, which increased sales and margins.– Implemented streamlined and improved product offering, utilizing more attractive sourcing alternatives that resulted in higher sales and gross margins and improved inventory turns. – Built a high performance, low cost, finance department which improved financial reporting, accountability and controls.– Rationalized and consolidated facilities saving over $3 million annually, while shortening manufacturing lead times. – Continually reduced SG&A expenses, initial year savings were over $6 million or 10% while still increasing revenues. – Successfully negotiated and completed senior debt facilities which increased availability and lowered interest costs.

New York, Ny

Held dual Executive responsibilities for rapidly growing $100 million designer and marketer of the Marithe & Francois Girbaud brand of casual denim and sportswear. Direct responsibilities included finance, operations and administration. – Led successful turnaround that resulted in the company being profitable for the first time in four years. Revenues up strongly, stock price increased by over ten-fold and the company was positioned for continued profitable growth. – Developed and implemented optimum business model, focusing on improved product offering, timely deliveries to retailers and improved sourcing alternatives, resulting in increased revenues and higher margins. – Initially restructured existing bank debt that was in default and then negotiated a new borrowing facility with a high-grade commercial bank, increasing availability and reducing interest and bank costs. – Significantly reduced bank debt through improved working capital management and operating results.– Reduced SG&A expenses in initial year of turnaround by over $5 million or 20% while still increasing revenues.

Mount Vernon, Ny

Chief Financial Officer and acting Chief Operating Officer for rapidly expanded $250 million manufacturer, marketer and retailer of home decorative accessories. Direct reports included finance, investor relations, IT and administrative functions. – Stabilized operations and implemented financial restructuring program to reduce acquisition debt. Eleven companies sold in twelve months.– Implemented strategic operating initiatives to improve service and lower costs by outsourcing manufacturing and distribution and consolidating operations and administrative/support functions.– Designed streamlined Finance organization that implemented standardized financial planning, reporting and policies. – Established a consolidated asset based borrowing facility for all subsidiaries which increased availability and reduced interest costs.

New York, Ny

Executive with operating and financial responsibilities for expanding $2.1 billion global apparel company with operations in all major markets. Direct reports included Presidents for $1.2 billion CK Divisions and Finance and IT functions.– Significantly increased revenue and bottom line through five acquisitions ranging from $20 million to $500 million.– Designed and implemented strategic operating initiatives, such as centralized distribution, drop shipping to major customers, consolidating suppliers, etc., resulting in $35 million annual savings.– Implemented global IT structure, standards and systems resulting in $10 million annual savings and improved service.– Enhanced cash flow by $30 million, through improving inventory turns, reducing DSO’s and utilizing letters of credit.– Reduced effective tax rate by 3% to 35.3% by pursuing advantageous International and state income tax strategies.

New Haven, Ct

Member of Senior Management Team of $2.1 billion rapidly changing communications, information and entertainment services company. Directed staff of 200. Responsibilities included CFO for operating units, financial planning and analysis, controllership, accounting operations, tax, financial systems and corporate security.– Realigned SNET Finance organization as a “business partner” to operating management and to support the Company’s new strategy. Reducing costs by $3-5 million annually.– Realigned SNET’s credit and collection function. Benefits $12-15 million annually.– Initiated a common financial systems strategy for all of SNET. Benefits $10-12 million annually.– Reduced tax rate 4% to 35% by aggressively pursuing advantageous tax initiatives.

New York, Ny

Senior Finance Executive / CFO for U.S. division of $4.3 billion global marketer and retailer of consumer products with operations in major world markets. Directed global staff of 350 supporting both corporate and operating management. Responsibilities included U.S. finance, administrative services, IT for International finance and all controllership functions.– Designed /implemented a “Model Finance Organization” to reengineer global finance function. Benefits $15 million.– Implemented Global Common Financial Systems to provide all financial information. Benefits $3 million annually.– Reduced bad debt expense by $15 million, or 1% of net sales by reengineering credit and collection function.– Implemented a Global program that enhanced cash flow $30 million annually by reducing working capital needs.

Wilton, Ct

Progressive promotions (in both Corporate and Operations) to the Chief Accounting Officer of a rapidly growing $1.3 billion transportation company. Directed 500 employees, including IT, with a $28 million operating budget.– Integrated accounting functions for $350 million acquisition, which resulted in a $5 million / 40% cost reduction.– Implemented performance reporting for new geographic business unit management structure.– Developed and staffed a Controller’s Department for a fixed cost capital-intensive transportation company.

New York, Ny

Progressive promotions to the management of audits for large, publicly held multinational companies in diverse industries. Special consulting assignments related to acquisitions, financing and improving productivity of IT and Finance.

Bachelor Of Science (B.S.), Accounting And Finance

Education record