Devin Parker Email & Phone Number

Denver, Co, Us

Denver, Co, Us

I lead a team comprised of over 30 professionals in 6 countries / 4 continents in all aspects of Treasury while serving as a key advisor to the CFO, CEO and Board of Directors. Responsibilities include capital structure design and execution, managing multibillion dollar global investment portfolios, foreign exchange risk management, treasury operations ($300 billion annual fund movement), insurance, credit, management of the company’s multi-billion dollar debt structure, interest rate risk management, share repurchase strategy and execution, bank and rating agency relationship management, dividend policy, equity derivatives strategy, M&A, retirement plans, cost of capital analysis, forecasting, working capital optimization, liquidity management, investor communications, presentations to the board of directors and rating agencies, while leading and developing VP and Director level staff.SELECTED ACCOMPLISHMENTS:• Identified and implemented 3 ideas that improved EPS by over 5% in 2023 for CEO/CFO• Identified and championed several new ideas capable of delivering significant annual recurring revenue• Secured access to over $250M of subsidiary capital for parent company• Negotiated savings of $3.6M on lease expenses• Freed up $145M in capital in Africa saving $11M in the process• Established new APAC Treasury center that will deliver ~$70M in capital efficiencies • Improved bank counterparty risk management process• Negotiated key terms of a partner contract, improving the economics by $28M per year• Improved several FX processes around the world saving the company $18 million annually• Established new bank relationships to support the business• Negotiated higher interest rates on cash balances with several banks• Completed successful multi-state regulatory exam• Developed FX risk management presentations to educate numerous internal stakeholders• Extended the revolving credit facility for 5 years with favorable terms

Denver, Co, Us

Responsible for capital markets, global investment portfolios, risk/insurance, pensions and strategic treasury functions including management of the company’s multi-billion dollar debt structure and investment portfolios while leading and developing Director level staff. Providing deep expertise in investment strategy/management, capital structure design and execution, share repurchase strategy and execution, bank and rating agency relationship management, dividend policy, derivatives strategy, M&A, pension management, cost of capital analysis, forecasting, working capital optimization, liquidity management, investor communications, presentations to the Board of Directors and rating agencies.SELECTED ACCOMPLISHMENTS:• Selected by CEO to participate on team responsible for updating company’s M&A strategy• Led the sale of minority investment where successful negotiation resulted in a 5,100% return• Part of a team effort that delivered strategies providing efficient access to $5.7B• Designed and implemented an advanced investment strategy for a $1.9B portfolio, delivering hundreds of millions in revenue/profit with no annual losses • Took the pension from a $130M deficit to a $30M surplus• Designed and implemented risk management tools to successfully navigate the 2008 financial crisis; subsequently adopted by over 200 companies • Led numerous offerings totaling $10B of debt securities, significantly reducing the cost of capital• Negotiated/established 5-year revolving credit facilities of $1.5B and $1.65B with favorable terms• Developed company’s fixed/floating strategy saving millions of dollars annually• Designed a strategy to hedge risks in an $800M portfolio, resulting in a $60M gain• Led projects impacting regulatory capital which freed up over $1.4B• Proactively developed toolset to improve capital discipline; delivered education to key stakeholders globally (executives, sales, finance, legal etc.), saving millions of dollars

Denver, Co, Us

Responsible for capital markets and strategic treasury functions including management of the company’s multi-billion dollar debt structure and investment portfolios while leading and developing managerial level staff.

• Investor in several startup to venture stage businesses (from seed rounds to IPO) in a variety of industries• Served as a mentor to numerous startup firms on multiple continents providing advice on issues ranging from business strategy, capital raising, marketing, risk management, tax efficiency, exit strategies, etc.

Brookfield, Wisc., Us

Responsible for leading the most significant projects and initiatives for a highly sophisticated Treasury Department ($9 billion in daily funds movement). Produced multi-million dollar economic impacts in each year. Experience and responsibilities include: capital markets strategy, bank fee negotiations, merger due diligence and integration, contract negotiation, forecasting, bank relationship management, improving investment processes, designing Treasury policies, managing and developing Treasury staff, handling a wide range of sophisticated analysis and financial modeling, and simultaneously managing multiple six sigma projects to successful completion.SELECTED ACCOMPLISHMENTS:• Led the Treasury Capital Markets efforts for Western Union in the $15 billion spin-off • Led the Treasury effort for a $6 billion merger integration involving 10 cash positions at 6 sites • Negotiated favorable rates with numerous banks increasing income by over $7 million annually• Negotiated bank fee savings and reallocations resulting in savings of over $5 million annually• Prepared testimony to the U.S. Treasury dept. resulting in improved banking access for MSBs• One of ten people in the company selected for a leadership development program

Mba, Concentraion In Finance

Bachelor Of Business Administration, Finance