Daphne Teague Email & Phone Number

Trammell Crow Center Dallas Tx

Galderma: Number 1 Pure Play Dermatology Category Leader. Honored to lead accounting and treasury teams in the largest market on a transformational journey with new world-wide End-To-End systems and processes and Global Business Services.

Fort Worth, Texas

Fort Worth, Texas

Fort Worth, Texas

Fort Worth, Texas

Plano Texas

Denton, Texas New York City, Ny

$400M privately held/private equity owned company designing, manufacturing, internationally sourcing, importing, and distributing women’s, men’s, children’s apparel and specialty products for all major US soft goods retailers and 5 star hotels with licensed, branded, and private label(make to order) products. Chief Financial Officer (2000-current Transformed three family owned businesses into a strong industry leader with improved profitability and cash flow during the 2008-2010 time period.• Successfully recapitalized company (2007), completed due diligence, and transitioned as CFO with new owners/private equity. Negotiated $75M debt/equity structure. Continuous responsibility for credit facilities and lending relationships.• Led purchase, due diligence and accounting integration of acquisitions of Karen Neuburger, St. Eve, Willow Creek, Lady Ester, FYC, and Kleinert’s Buster Brown. Completed integrations within 2-10 months of purchase.• Drove improved company profitability and reduced capital requirements by improving vendor terms by 30 days, reducing on hand inventory by 30% and reduced days outstanding in accounts receivable by 18 days. Improved working capital by $7,000,000.• Implemented best practices for combined entities for supply chain, international distribution and logistics, quality, strategic sourcing and order flow management. Reduced vendor base by 50%, reduced distribution centers by 33%, improved on time delivery 23%, and reduced order flow labor costs by 47%. $1,800,000 cost efficiency improvement.• Implemented integrated operating platform with interface of Blue Cherry ERP system, Solomon Accounting, FRX, EDI and payroll processing. System includes internal control, financial planning and analysis, modeling and cash flow management.• Instituted a collaborative customer compliance process to ensure customer satisfaction and improve profitability. Annually collected over $1,000,000 in repayments for disputed violations.

Denton, Texas

.• Secured licensing agreements with Tommy Hilfiger, Laura Ashley, Vasarette, Hallmark and Caribbean Joe. These business ventures improved our gross margin by 25% and customer base by 40%. • Devised standard cost accounting system for all international production including variance reporting. Created dual function logistics/accounts payable department for importing product, insuring US Customs compliance, and annual RFP freight process.• Negotiated $25,000,000 Line of Credit with Lenders. Achieved reduction in interest rate and collateral requirements. Established an annual clean out period by reducing obsolete inventory and improving days in accounts receivable. • Created corporate wide semi-annual budgeting and reporting process. Achieved 8% reduction in operating expenses.

Denton, Texas

• Designed and implemented cost accounting structure for 6 domestic and 2 foreign manufacturing facilities. Achieved a 10% reduction in labor costs.• Managed responsibility for financial reporting, cash management, credit and accounts receivable, accounts payable, payroll and defined benefit pension plan. Complete ownership of accounting and finance team responsibilities and internal control.

Dallas Texas

Ernst & Young Dallas, TX Senior Accountant (1986-1987)Advanced Staff Accountant (1985-1986)Staff Accountant (1984-1985) • Conducted audits of SEC clients, 10K, 10Q, and IPO.• Promoted from staff accountant to senior in 18 months.• Audited clients in healthcare, manufacturing, and banking.• Prepared proposals and services new clients.• Improved E&Y profitability on two engagements by reducing hours, meeting budgets, and utilizing internal auditors.

Master Of Science, Accounting

Bachelor Of Science, Accounting

Education record