Ed Schultz Email & Phone Number

Denver, CO, US

Norcross, GA, US

McCracken is a boutique CFO advisory firm specializing in providing companies with interim and fractional CFO leadership in times of transition. McCracken supports organizations with:Interim CFO servicesFractional CFO servicesFinancial Leadership Development ProgramsM&A advisoryPrivate equity portfolio supportCapital raisingSystems advisoryTalent placement.

• Acts as consultant, operational and financial leader of private equity sponsored service and technology company, AHM, that recently lost its CFO and controller. Established new cash flow and budgeting procedures..
• The Harvard Alumni Entrepreneurs Accelerator powered by Pegasus Tech Ventures, is a ten-week program for early-stage companies designed to give Founder the tools needed to scale up to the next level with funding from.
• The company with the best presentation on Demo Day is invited to compete at the Grand Finale of the Pegasus Startup World Cup in September 2022, which has a grand prize of $1 million.Part of advisory board for.

Denver, CO, US

CFO and administrative leader of a high growth software IT development, SAAS, consulting and implementation company. Assisted the Owner/CEO to buy out his partner in two leveraged transactions. While the CEO is an outstanding consultant/ business developer, he asked of me to mentor him on running a business and using metrics and other management techniques.

Atlanta, GA, US

Interim Financial Director at Red Lion Controls which included: Integration of two acquisitions into client (combined $150 million revenues), provided M&A guidance to company and parent, planning and leading the implementation of a data warehouse for orders and sales. Investigated additional M&A opportunities with the CEO.Interim CFO to Shop Vac, an.

• Interim CFO$400 million international manufacturer and distributor of foam bedding products with 11 plants throughout the United States that was private equity owned.
• Managed the company side for a $320 million debt refinancing and $25 million equity infusion by a Private Equity Group. Debt refinancing included due diligence performed by 30+ bank syndicate.
• Managed staff of forty financial and accounting personnel.
• Oversaw IT function during conversion from an acquired company’s legacy system to JD Edwards Enterprise Resource Planning Systems.
• Worked with management team and outside supply chain consultants to reduce inventory and improve business processes.

• CFO and ConsultantInterim Financial Leader of $25 million international manufacturer of equipment for the biotech and pharmaceutical industries. Company was acquired by GE Healthcare in April 2007.
• Worked with owner/founder/president and advisors on several strategic opportunities with major strategic and financial investors.
• Led the financial function for Wave in presentations, due diligence, purchase agreement and initial integration in the acquisition by GE Healthcare
• Recommended ERP system and implementation for business.
• Completed first audit, forecasts and cash flow projections for company and helped recommend working capital policy.
• Established procedures for financial closing of operations including handling of inventory valuation, foreign exchange and transfer pricing.

• Interim CFO$600 million national distributor of hardwood and other flooring with 1,000 employees that was private equity owned.
• Managed on the company side $125 million debt refinancing (asset-based and mezzanine) of PEG backed corporation and acquisition of a $130 revenue million rollup company.
• Completed first budget and detailed 13 week cash flow projection for company as well setting up methods for improved financial reporting to all stakeholders.
• Revised commission structure for company to improve margins.
• Made recommendations to management on costs and margin improvements.

• Interim Chief Financial Officer$260 million international manufacturer and distributor of refined petrochemicals with 475 employees that was private equity owned/
• Involved in spinout and $100 million refinancing of PEG owned corporation which acquired assets of a division from Chemtura Corporation (formerly known as Crompton).

• Interim CFO and consultant to Private Equity Group (Kohlberg) and President$225 million international decorative laminate manufacturer and distributor with 900 employees.
• Evaluated management and their plans during a difficult business consolidation.
• Assisted senior management in recruiting senior divisional financial management.
• Assisted senior management and board in business planning and budgeting.

Strategic IT Assessment for University

Interim Chief Financial Officer and TreasurerPrivately held (with venture capital sponsor) biotech research and development and manufacturing company -- $35 million revenue twelve-year-old firm was desirous of a liquidity event for its diverse shareholder base which included some 200 stockholders and options holders. DFB Pharmaceuticals, a mid-size.

Interim Chief Financial OfficerPrivate equity held skilled trade national construction staffing company -- $100 million firm was a potential casualty of ambitious geographic expansion from 40 to 80 offices in one year (150 staff/ 2000 craftsman). Managed a staff of 25. Assisted in the company recovering from a $13 million loss to profitability with cost.

Interim CEO/Chief Financial OfficerPrivate equity owned manufacturer and distributor of synthetic indigo and other commodity chemicals -- $75 million company was a victim of product dumping by foreign competitors which ruined its organization and business performance. Managed a 170-employee workforce (110 union). Helped complete the final petitions for an.

• $50 million privately held with private equity sponsorship biotech manufacturing company -- As the firm grew from startup to $50 million, managed the financial (accounting, control and treasury), MIS, planning and.
• Managed the growth of the company by improving financial, human resource, insurance, leasing,banking and other operational and administrative functions. This saved the company $2 millionper year.
• Selected and implemented an accounting software package that streamlined month-end reportingand improved reliability and transparency of operating results.
• Raised $18 million in private placement funding as part of the senior management team.Responsible for the firm’s business planning and projections. Worked with senior managementon potential merger candidates through.

• Upgraded the budgeting process for a $10 billion subsidiary of a world-renowned financialservices company by revising the process of receiving and updating data from over 100 locationsworldwide and changed the reports.
• Led a $10 million non-profit organization in obtaining bank and Economic DevelopmentAuthority financing for a facility expansion.
• Recommended and implemented the hardware and software conversion from mid-rangecomputers to a personal computer network for a $10 million not-for-profit organization.

Managing DirectorInvestment banking/financial advisory firm of 5 professionals Acted as CFO and Chief Administrative Officer for a $50 million biotech client: (1) stabilized company to get ready for private placement sale and eventual initial public offering; (2) initiated planning and due diligence reporting; (3) established company's first standard cost.

Chief Financial Officer/PartnerPrivately held $125 million international consulting and software development firm -- As the firm quadrupled in revenues and doubled in employees, responsible for the traditional accounting, financial, MIS, strategic planning, benefits and administrative functions. These duties also included management of real estate, tenant.

Corporate ControllerPublic $3 billion multi-national conglomerate (retail, manufacturing, consumer products and services) -- Seven major CFOs reported (over 300 employees); oversaw financial reporting (US, SEC, and foreign), capital expenditure review, financial analysis, control, treasury, and planning and profit improvement. Developed and implemented a.

Mba, General Management

Bachelor Of Business Administration - Bba, Accounting, Liberal Arts And Sciences