John Connolly Email & Phone Number

Stratford, Ct, Us

Finance leader of global high-end temperature and pressure instrument solutions for critical process and industrial/OEM applications.

Stamford, Ct, Us

Finance leader of $2.1B global ecommerce parcel and presort mail businesses growing 27% year over year. Initiated financial discipline and structure to immature, high-growth ecommerce business, improving analysis around pricing, costs, and reporting, and establishing KPIs. Managed 3 direct reports with total team of 50.Initiated analysis and recommendation resulting in the elimination of the management structure of the Commerce Services segment as it was not providing the expected synergies between the two underlying business units. This resulted in several million dollars of savings.

Fort Lauderdale, Florida, Us

CFO for Platform Specialty Products, a publicly traded company with $4 billion in annual revenue that was closely held and had private equity backing. The company was re-branded Element Solutions upon emerging from Platform's January 2019 sale of its Arysta LifeScience agricultural business for $4.2 billion while well down the path of an IPO for that business. RemainCo/Element Solutions is a global producer of high technology specialty chemical products and provider of technical services with $2 billion of annual revenue. Element Solutions serves multiple industries, including, electronics, automotive, graphic printing, metals and plastic plating, and offshore oil production and drilling. Arysta LifeScience was a global business with an additional $2 billion of annual revenue that provided specialty crop protection solutions, including BioSolutions and seed treatments. Platform Specialty Productions was created as a public company with its first acquisition in 2013 and then 5 additional significant acquisitions over the next 2 years, with 3 of the acquisitions within Element Solutions and the other 3 within Arysta LifeScience.The disposition was able to occur as we improved the financial performance of both segments of the business with total overall revenue and profit CAGR of 5% and 7%, respectively, and nearly doubling free cash flow. Accomplishing this all while transforming the finance organization to remediate 4 material weaknesses and 3 significant deficiencies, implement a new consolidation system as well as a planning system and identifying tax strategies to reduce the effective tax rate by approx 10 basis points. This was achieved while we reduced corporate finance annual spend by $15 million or 40%.

Fort Lauderdale, Florida, Us

Palmyra, New York, Us

Washington, District Of Columbia, Us

As first CAO of this $4 billion global industrial pump and services public company spun out from ITT Corporation, built out the controllership organization which was responsible for the financial management, controls and SEC filings of the company. Oversaw development of strategy for new financial system and its implementation as well as represented finance organization on global CRM system selection and implementation. Also managed the global financial shared services organization, including the opening of a new shared services center in Poland to serve the European businesses which yield over $5 million of annual savings. Led strategy to further expand shared services both geographically and types of services to yield an additional $8 million of annual savings. Additionally, collaborated with investor relations organization to support the CEO and CFO for the quarterly earnings and guidance calls.

Stamford, Connecticut, Us

Managed financial results of the $11 billion multi-industry company. Supported the CEO and CFO in preparation of and during the quarterly earnings and guidance calls in collaboration with investor relations. Also worked with investment bankers in modeling shareholder value of splitting ITT into 3 companies.

Stamford, Connecticut, Us

Responsible financial statement filings with the SEC and technical accounting support across the company with a proactive, constructive approach. Support of the businesses included support of M&A activities, including due diligence, integration, purchase accounting and identifying post close purchase price adjustments.

Armonk, New York, Ny, Us

Managed overall pricing strategy of IBM’s $20 billion software business, including the business/financial model. This role, while collaborated extensively with marketing and sales, was an integral part of the finance organization given the impact that software pricing and licensing models have on the near and long term financials of the business.Created offerings with new structures, or terms and conditions to provide incremental revenue opportunities, including industry leading price structure, licensing to address new technologies, offerings to address small and medium business segment and pricing to begin to shift business away from dependency on transactional revenue and more towards recurring subscription based. Initiated relationships with key technology companies whose future innovations could impact our licensing and/or pricing to understand technology roadmaps.Oversaw pricing analysis engagement and implementation, yielding $10 million of incremental profit from reduced discounting. Also collaborated with sales teams contributing to closure of deals in excess of $1 billion.

Armonk, New York, Ny, Us

Managed financial aspects of this software division with $300 million annual revenue and six sites across the globe which also supported broader software segment initiatives. Performed portfolio analysis with division general manager resulting the divestiture of several portions of the business. Conducted build vs buy scenarios for new market segments, resulting in decision to acquire three companies within nine months. These were successfully integrated and outperformed the business cases.

Armonk, New York, Ny, Us

Led management of $17 billion of global SG&A spend including targeting, forecasting and planning across the businesses. Also collaborated with Treasury for assessment of overall currency impacts on the company, including management of the hedging program.

Purchase, New York, Us

Prepared annual report and SEC filings for $30 billion beverage, snack food and restaurant company. Also supported Head of Investor Relations both in the preparation for and during the quarterly earnings calls.

Gb

Served broad client base which included high tech, manufacturing, financial and professional services industries. Significant clients included public companies such as IBM, MasterCard and Chase Bank as well as a number of privately held companies.

Strategic Management Program

Bba, Accounting

Master Of Business Administration (Mba), Finance