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David Reeth and his team at Valiont Cara Solutions help design optimize risk management insurance claim processes and account, prepare, measure, and resolve corporate insurance claims for insured’s, including Fortune 500 and large companies.Prior to Valiont, David led the modernization and restoration of a substantial hospitality real estate venture. A boutique, retro-chic, technology-forward asset resulted, that under David’s leadership, achieved TTM revenue increases of 13X and one-year private equity returns of 3X. While in the Controller’s Function at ExxonMobil Corporation for almost five years, David led, designed, and implemented digital transformation initiatives for the 4000+ person organization. He spearheaded automation projects, championed digital innovation culture change initiatives, implemented analytics solutions, and led design thinking strategy. He started his career at ExxonMobil with a successful two-year role in Audit and Investigations, where he ultimately rose to become a Planner for the Audit Management Team. David was formally ranked in the top .01% of high-performing employees.In prior organizations, David excelled in data analytics, financial planning, and investment operations at Bank of America Merrill Lynch. While working his way through college, David also worked at Valiont and led a corporate insurance claim preparation team during Hurricane Sandy. From the age of 12, David established, ran, and sold, at the age of 22, an award winning, high-end, luxury automotive detailing business.David Reeth received his formal finance and economics education at Caldwell University, where he both achieved valedictorian and served as two-year student body president.Core skill and experience areas include: commercial real estate development, property insurance claims, human-centered design, digital transformation, corporate culture change, audit, data analytics, digital innovation, client relationship management, process design, operational process improvement, risk management, process automation, strategy design and implementation, project management, controllership, inclusion & diversity, and corporate communications.
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Partner And Managing DirectorValiont Sep 2022 - PresentNew York, New York, United StatesDavid Reeth and his team at Valiont Cara Solutions help companies maximize loss recovery through forensic accounting, insurance claim preparation and data analytics. Represent the insured to help measure, prepare, and resolve corporate insurance claims. David Reeth leads a team of expert forensic accounting and insurance claim preparation / resolution experts. Consult with corporate risk management teams and collaborate with insurance representatives to strategically prepare and resolve insurance claim portfolio of $300M+ for Fortune 500 and large companies. Manage insurance loss project portfolios, especially property claims, and provide high levels of service to clients as account executive. Spearhead innovative analytics and work management technologies to optimize employee productivity and modernize / streamline client deliverables. Re-design complex insurance and risk management processes.Firm formerly also known as Cara Solutions. -
General PartnerLulu Hotels Jul 2021 - Sep 2022Los Angeles, California, United StatesAssembled, trained, motivated, and led a 20-person hotel operations team. Overhauled operating model. Structured and managed a highly successful debt and private equity commercial real estate venture. Redesigned business processes and implemented robust integrated technology infrastructure.Created an innovative brand, service, and product. Envisioned, coordinated, and executed a 80-room hotel renovation project, resulting in one-year revenue increase of 13X. Transformed reputation from worst ranked to best ranked, based on hundreds of positive guest reviews. Successfully exited, generating one year investor returns of 3X. -
Digital ManagerExxonmobil Jan 2021 - Jul 2021Los Angeles, California, United StatesLed innovative digital solutions and analytics project team. Designed, harmonized and optimized global processes. Identified, analyzed, and enhanced global finance workforce digital skills. Championed finance workforce digital upskilling and transformation initiatives. Led the Inclusion & Diversity (I&D) Communications Team. -
Process Advisor, Finance Transformation ProgramExxonmobil Jan 2019 - Dec 2020Los Angeles, CaDesigned, led, and championed digital transformation and human-centered design initiatives for the 4,000 + person Finance function. Ideated, designed, developed, and implemented a digital innovation talent exchange platform, transforming how thousands of employees around the world augment their digital innovation expertise. Inspired and identified process automation opportunities. Managed technology and digital innovation projects, including vision setting, opportunity identification, process re-engineering, human-centered design programs, process harmonization, stakeholder alignment, and project execution. Led digital transformation internal communications campaigns. -
Internal Auditor & Upstream Audit PlannerExxonmobil Jan 2017 - Dec 2018Houston, TexasEnsured process and regulatory compliance to reduce global reputational and financial exposures. Consulted with management teams to discover and solve complex financial and operational business strategy problems. Leveraged financial analysis and data analytics skills to increase insights communicated to stakeholders. Managed and implemented globally launched, well branded process improvements, which streamlined the audit process and enhanced human capital efficiency for the 250+ person Global Audit Organization. Directed personnel planning and annual budgeting process for the $60M Upstream Audit Organization. -
Team Financial AdvisorMerrill Lynch Nov 2014 - Dec 2016Wayne, NjLed the financial planning operations of a wealth management group, managing the financial affairs for family estates in excess of $1M and small to midsize businesses with revenue in excess of $5M. Designed and applied behavioral and financial data analytics models to create an analytically-rigorous, goals-based approach to investing. Implemented strategic and tactical asset allocations in the creation of long-term, risk-controlled growth generated across market cycles in the long-term, in addition to short-term, spot market opportunities. Core skill sets included: retirement planning, cash flow analysis, tax minimization strategy, asset preservation, wealth transfer & gifting strategy, philanthropic planning, managing investment risk, insurance strategy, asset allocation, investment selection, special needs planning, and business services. -
Project Manager, Risk ManagementValiont Nov 2012 - Nov 2014Parsippany, NjProduced financial modeling for a $400M+ corporate insurance claim and analyzed upward and downward big data trends. Managed a nine-person Hurricane Sandy research project, which assessed post-storm damage and finished on time and under budget. Launched a statewide, investigative accounting research effort that surveyed and recorded business and residential hurricane damage across New York and New Jersey.Firm formerly known as Cara Solutions. -
Owner/FounderAwesome Auto, Llc Aug 2004 - Nov 2014Highland Lakes, NjFounded, established, and eventually sold an award-winning, high-end automotive fleet solutions and detailing services company. Spearheaded sales and marketing that realized clientele growth to over 300 retail and corporate accounts across New Jersey and New York. Increased margins by 35%, by forging long-lasting supply-chain partnerships and developing custom automotive detailing systems. Streamlined and scaled service offering by developing expertise in: equipment prototyping, mig welding, 3-D printing 3-D design, system innovation and design, automotive assembly and part fitment, automotive storage design, and automotive cleaning chemical composition.Accolades include: Recipient of the NJ Collegiate Entrepreneur of the Year Award and finalist for Entrepreneur Organization’s Global Student Entrepreneur Award
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President, Student Government AssociationCaldwell University Aug 2012 - Jul 2014Caldwell, NjRevived the Student Government Association through brand re-design, operational systematization, and statewide involvement to magnify the sustainability and credibility of the organization. Successfully lobbied for the passage of a bond referendum that provided Caldwell University with several million dollars in state aid for capital improvements. Planned a statewide conference, which, through round table discussions, mentoring sessions, and educational symposiums, united New Jersey’s Student Government Associations, members of the state legislature, Association of Independent Universities, and Higher Education Student Assistance Authority.Superintended 32 student organizations during a two-year tenure. Participated in the annual National Campus Leadership Council's Summit.
David Reeth Education Details
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Frequently Asked Questions about David Reeth
What company does David Reeth work for?
David Reeth works for Valiont
What is David Reeth's role at the current company?
David Reeth's current role is Partner and Managing Director.
What is David Reeth's email address?
David Reeth's email address is da****@****bil.com
What schools did David Reeth attend?
David Reeth attended Caldwell University.
What are some of David Reeth's interests?
David Reeth has interest in Education, Economic Empowerment.
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