David Devoy Email & Phone Number

Southern California

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Cincinnati, Oh

Oversaw daily business operations with accountability for P&L performance, cash management, strategic planning & implementation, finance & accounting, new unit development, marketing & sales and employee / customer relations. Created business infrastructure and culture. Supervised and trained four direct reports. Defined and successfully implemented business strategy to increase sales and profits. Selected Achievements• Successfully turned-around and transformed an under-performing business with bad customer service and negative EBITDA into highly efficient customer-driven business delivering almost $2 million EBITDA. Recognized as one of the top operators in the Burger King system. • Improved performance and dedication of senior operations team. • Managed cash flow to stay within borrowing capabilities as a result of carefully phasing capex spending and developing and implementing a detailed forecast tool to track and manage cash flows on a daily basis. • Instilled winning culture throughout company through leading from the front, spending time in field, and communicating regularly with employees.

Irvine, Ca

Directed all aspects of business and finance operations with 10 direct reports. Accountable for P&L, capital expenditures, strategic planning & execution, marketing & sales, team building & motivation, cash flow management, and employee / customer relations.Selected Achievements• Led all aspects of business through bankruptcy filing and eventual sale of company with minimum disruption to business or loss of key management. • Improved EBITDA as a result of introducing targeted cost cutting measures, while simultaneously realigning processes / operations to provide better customer service.• Devised and implemented a new strategic plan for each brand and achieved double-digit sales growth in selected markets where we were able to implement the plan.

Spartanburg, Sc

Led finance function supporting Hardee’s brand as well as corporate accounting group for Advantica (parent company). Supervised and trained six direct reports. Selected Achievements• $5 million saved in overhead costs per year as a result of creating shared services accounting group supporting Advantica’s brands.• Implemented cost-cutting program at Hardee’s which allowed us to deliver flat EBITDA at $78 million despite 12% decline in sales over two years.

Miami, Fl

Promoted to head all operating finance and corporate accounting & reporting activities with accountability for global P&L. Also accountable for statutory reporting and filings and all internal management reporting within Burger King and to parent company-Grand Metropolitan in the UK. Managed 11 direct reports. Introduced key metrics reporting to provide all levels of management with faster and more relevant data, allowing improved business decision-making. Constructed and moulded finance group into highly motivated and effective team. Selected Achievements• $5 million in global cost savings generated by carefully analyzing P&L by line item to identify and execute cost reduction opportunities. • Slashed annual G&A costs by $6 million through re-engineering financial processes to provide better service at the same time as reducing costs.

Led all finance activities supporting Burger King restaurants in Europe, Africa, and the Middle East with total sales of almost $300 million and EBITDA of $28 million. Oversaw five direct reports. Provided key financial support for major business expansion program in Europe. Selected Achievements• $1.5 million annual costs cut by creating and leading shared services group to streamline financial processes.• Boosted productivity and cost efficiencies across operations as a result of introducing new and improved budgeting, forecasting and reporting system combined with very tight control of P & L.