Svp And Treasurer
Deerfield, Il, Us
A $5 billion NASDAQ-listed company (United Stationers at the time), North America’s largest broad-line wholesale distributor of business products, including office products, office furniture, janitorial and breakroom supplies, and industrial supplies. Led key financial and business development activities. Managed financings, capital structure, M&A, financial planning and analysis, insurance, pension investments, cash systems, customer credit, accounts receivable and accounts payable. Closely involved with financial reporting, investor relations, balance sheet and capital spending management, strategic planning and enterprise risk management. Provided primary management interaction with the Finance Committee of the Board of Directors. Reported to the Chief Financial Officer. Directed a staff of 100.• Guided Board of Directors toward an optimal capital structure strategy, and led establishment of metrics and actions that achieved significant working capital reductions.• Formulated and led multiple refinancings for $575 million of bank and securitization funding, including flexibility for additional financing and a successful change of lead bank.• Conducted valuations and negotiations, and led due diligence, for acquisition of Sweet Paper, with revenues of $250 million, and industrial products distributor ORS-Nasco, with revenues of $300 million.• Led negotiations and process for divestment of $135 million Canadian operations.• Designed economic evaluation policy and directed large-project evaluations.• Implemented process and controls improvements, including lockbox imaging, automated expense reporting, and enhanced forecasting for cash flow and the balance sheet.• Senior member of Business Process Council directing company-wide process improvement initiatives.• Selected as one of 12 facilitators for company-wide program to develop leadership and teamwork.