David Tonnel Email and Phone Number
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C-Suite Executive and Board Member with record of success partnering with Boards, CEOs, and leadership teams to drive acquisitive and organic growth, improve margins, access capital and generate value in capital intensive businesses and public companies.Global leader having lived/worked internationally with 20 years progressive executive leadership across North America, Europe, Asia Pacific, and Africa. Foundation at Big 4 (EY) with diverse finance and operating roles culminating as Chief Accounting Officer of $3B company.Extensive experience in complex transactions, integrations, and business transformations, and structuring/optimizing businesses globally to enable growth. Deep understanding of the operations of the business. Strong technical background in Finance, Accounting, SEC reporting, and controls. Prudently allocates funds to business development, financial structure, liability management, and return to shareholders.Builds high-performing teams, infrastructure, and processes that improve efficiency and transform organizations into value added Finance functions that support the business. Have delivered extraordinary business outcomes by relentlessly pursuing financial stewardship, disciplined execution, continuous process improvement and automation, and cross functional collaboration.Board Member on multiple subsidiary Boards bringing a blend of practical operating experience as leader of a $2B P&L business and as a finance expert navigating volatile markets, diverse business/industry cycles, and growth curves.
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Senior Vice President, AccountingNuscale PowerHouston, Tx, Us -
Senior Vice President & Chief Accounting OfficerTransocean Mar 2012 - Dec 2024Zug, ChTapped by CFO as CAO during difficult times challenged by internal and industry circumstances. Built finance function credibility, led financial planning supporting robust management post-blowout/spill accident liability with customer and US DOJ, and restored Board, investor, and management confidence.Served through industry/business downturn and covid crisis and successfully pivoted to growth.Key Player in numerous major transactions that turned around company and positioned for growth including multiple billion-dollar acquisitions, financing/refinancing of the company’s unsecured and secured notes assuring liquidity, IPO and reacquisition of an MLP-like and separate public vehicle, negotiation and sale of legacy shallow-water drilling business to Private Equity investors, and two joint ventures.Structured investment into 10-year $7.5B contract with Shell, the largest contract ever signed at Transocean and in the industry enabling growth.Streamlined Transocean Finance into high performing, efficient organization. Reduced headcount and costs, standardized and automated processes, improved efficiency, launched centers of excellence with small, nimble globally distributed field teams.Implemented cloud-based Oracle ERP system on time/on budget and moved company to continuous improvement process. -
Senior Vice President Europe & AfricaTransocean Sep 2009 - Feb 2012Zug, ChRegional Operating Executive with full P&L leadership of $2.5B operation in 15 countries (inc. Norway, UK, Italy, Nigeria, Angola, Congo, Ghana, Egypt, Turkey) with team of 3,000.Developed local teams’ capabilities, addressed quality issues while capitalizing on growth opportunities in the region and negotiating deals.Built business relationships with clients and expanded business development in Nigeria and Angola. Boosted presence in Nigeria, developed business in Ghana, and negotiated JV in Angola. -
Vice President Global Supply ChainTransocean Dec 2008 - Sep 2009Zug, ChGlobal Supply Chain including Strategic Sourcing, Demand Planning, Source to Settle Process, Global Logistics, IT systems and processesImproved visibility, performance, and credibility of an unrecognized function through metric-driven approach that identified and aligned KPIs to internal customers and Operation’s needs. Delivered millions in sourcing savings. -
Vice President Integration & Process ImprovementTransocean Nov 2007 - Dec 2008Zug, ChLead the pre and most merger integration of Transocean and GlobalSantaFe after their $18B merger completed in November 2007.Delivered “DAY1” merger readiness and business continuation plan, design of merged organization, short/middle term IT integration plan, and tracking of merger synergies. -
Vice-President & Controller / Assistant ControllerTransocean May 2003 - Nov 2007Zug, ChServed as Assistant Controller, Interim Controller then Corporate Controller managing relationship with independent auditors, all financial reporting, operational, decision support, accounting and planning including valuing investments in period of intense business growth.Achieved successful Sarbanes Oxley implementation after prior failures, and single instance Finance ERP (Peoplesoft FMS).Due diligence, financial modelling for proposed Transocean and GSF merger, the largest transaction in offshore drilling at the time, resulting in $50B enterprise value entity. -
Finance Manager Asia Pacific RegionTransocean Aug 2000 - May 2003Zug, ChRegional finance manager. Responsible for finance, compliance , palnning and cost control. Supported regional revenue of $700M across 7 countries. Led seamless financial integration of regional operations/organization after $17.7B RBF acquisition. Doubled size of business in 18 months. -
Nigeria ControllerTransocean Mar 1999 - Jul 2000Zug, ChMoved with Schlumberger drilling division spin-off/Transocean merger and successfully set up standalone, combined financial organization in Nigeria, one of most challenging business, security, political environments. -
Controller Oilfield Services, Pointenoire CongoSchlumberger Jun 1997 - Mar 1999Houston, Texas, Us -
Business Analyst And Internal Audit Manager, Sedco ForexSchlumberger Mar 1996 - Jun 1997Houston, Texas, UsFinancial planning, Investment review and analysis in support of the group controller and product line president. -
Senior AuditorErnst & Young 1993 - 1996London, GbFinancial and IT audits of major and middle size french companies in France.Key customers included ELF Aquitaine (a predecessor of TOTAL. Participating in the consolidated and subsidairy audits in France and Nigeria) and GIAT Industries. -
Analyste Commercial _ Logements SociauxHolding Levillain, Guadeloupe, French West Indies Jul 1991 - Jun 1993Real Estate Company established in the French West Indies. Developped and implemented commercial policies and procedures in the commercial department. Negotiated financing in Guadeloupe and French Guyana with banking institutions to faciliate access of our customer to subsidized low cost housing.
David Tonnel Skills
David Tonnel Education Details
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Hec ParisControl And Finance -
IpesupClasse Preparatoires Hec -
Lycee Jean Perrin (Lambersart, Nord)Mention Tb
Frequently Asked Questions about David Tonnel
What company does David Tonnel work for?
David Tonnel works for Nuscale Power
What is David Tonnel's role at the current company?
David Tonnel's current role is Senior Vice President, Accounting.
What is David Tonnel's email address?
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What is David Tonnel's direct phone number?
David Tonnel's direct phone number is +171323*****
What schools did David Tonnel attend?
David Tonnel attended Hec Paris, Ipesup, Lycee Jean Perrin (Lambersart, Nord).
What are some of David Tonnel's interests?
David Tonnel has interest in Education.
What skills is David Tonnel known for?
David Tonnel has skills like Mergers And Acquisitions, Internal Controls, Financial Analysis, Financial Reporting, Managerial Finance, Management, Forecasting, Petroleum, Mergers, Energy, Finance, Sarbanes Oxley Act.
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