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Financial and Operations Leader with proven success in providing effective counsel and decision support in turn-around and sustained growth environments under both Public and Private Equity ownership structures. Strategic partner and dedicated leader with expertise in strategic and financial planning, modeling, and organizational implementation. Known for developing cross-functional partnerships to leverage knowledge and shared expertise to deliver tangible revenue and margin growth.► FINANCIAL PLANNING & ANALYSIS - Developed and implemented new planning and forecasting models that delivered effective decision support for day to day operations and strategic decision analysis. ►OPERATIONS FINANCE - Re-designed key reporting processes, including refinement of key performance indicators to improve insight into historical performance and allow for more effective proactive management of the organization. ► IPO, MERGERS & AQUISITIONS AND CREDIT PROCUREMENT - Integral member of small team that executed an IPO as well as secured credit facilities up to $150M. Executed financial due diligence. Wrote CIMs and Management Presentations as well as participated in the writing of an S-1. Part of small team that delivered $55M strategic acquisition including final integration.►BOARD OF DIRECTORS AND INVESTOR RELATIONS - Part of very small team that executed board and investor relations presentations and supporting documentation as well as call scripts and modeling for guidance. CORE COMPETENCIES• Financial Planning and Analysis (FP&A)• Strategic Planning • Cash Modeling and Management• Asset Management• Business Metrics Design and Implementation• Mergers and Acquisition Due Diligence • New Product/Promotion Testing and Analysis• Operations Management• Project Management• Continuous Process ImprovementAvailable for consulting engagements as well as full time opportunities, please contact me directly at ereaston@yahoo.com
Tgi Fridays
View- Website:
- tgifridays.com
- Employees:
- 13446
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Chief Financial OfficerTgi FridaysTexas, United States
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Chief Financial OfficerOn The Border Mexican Grill & Cantina Feb 2024 - PresentIrving, Texas, Us -
Chief Financial OfficerAmpex Brands Oct 2019 - Present
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Chief Financial OfficerFatz Cafe (Cafe Enterprises, Inc.) Mar 2017 - Sep 2019Greenville, South Carolina, Us -
Vice President Finance And Accounting And Cfo; Cfo Mitra QsrChalak Mitra Group Of Companies Jul 2015 - Mar 2017Plano, Texas, Us -
Vice President Of Operations Services And Strategic PlanningIgnite Restaurant Group Mar 2014 - May 2015Houston, Tx, UsSupervised Director of Process Improvement and Operations Excellence, Director of Training, Director of Operations, Manager of Operations Services and staff of 5 to deliver Strategic Planning and Implementation, Operations Training, Continuous Process Improvement, New Restaurant Openings, Franchise Operations, Menu Implementation, Leadership Development, Back of House and Front of House Operations Systems, Internal Controls and Standard Operating Procedures development and Implementation. • Designed, developed and implemented a fixed management reduction program that will result in greater than $2MM in expanded margins. • Created and implemented a new service model that increased capacity utilization on peak shifts while delivering increased guest satisfaction by reducing average visit time by 25%. • Designed and implemented new menu implementation process that resulted in higher levels of consistency in execution while shortening proficiency curve resulting in higher levels of execution and reduced comps related to errors. • Partnered with procurement, culinary and marketing teams to deliver more than 150 basis points margin improvement related to cost of sales through product and menu innovation. -
Director - Financial Planning And AnalysisIgnite Restaurant Group Jan 2013 - Mar 2014Houston, Tx, UsSupervised 2 FP&A Managers and total staff of 5 to support all Strategic Planning, Budgeting, M&A Due Diligence, Re-Capitalization, Forecasting, Proactive Analysis, Reporting, Investor Relations, Public Filings and Decision support for all corporate and operations functions including 350 restaurants with $1B in revenue. . • Developed, managed and maintained perpetual rolling forecast model that rolled up to complete financial statements including capital expenditures and cash management that allowed for effective decision support and strategic due diligence. • Created long range model used both internally and externally for strategic decision analysis as well as strategic and credit transactions. • Built and managed the maintenance of a short time horizon cash flow model that provided greater visibility to organizational cash flow and resulted in ability to aggressively manage cash balances and revolving credit facility. • Managed systems and reporting integration of financial planning and analysis as well as regular reporting systems related to acquisition of 180 unit restaurant concept. • Instrumental on small team of individuals tasked with acquiring and maintaining $150M credit facility.
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Manager-Field FinanceIgnite Restaurant Group Dec 2010 - Jan 2013Houston, Tx, UsSupervised analysis team of 3 to in all aspects of Operations Budgeting, Planning, Forecasting and Analysis including all corporate functions and supported M&A and re-capitalization due diligence, Investor Relations and Public Filings for 140 restaurants with $500M in revenue. • Developed statistical models to analyze and plan variable costs such as labor, cost of sales and supplies that used a pacesetter system to set budgets and manage performance that aided in delivering greater than 300 basis points in margin improvement. • Created and managed marketing analysis and testing models that analyzed and reported impacts of media and other marketing programs and tests by measuring incrementality and returns on investment that gave increased visibility to results for better decision making. • Designed and implemented pricing models that assessed commodities and provided leadership team with pricing scenarios for neutralizing risk.
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Senior Financial AnalystIgnite Restaurant Group Dec 2009 - Dec 2010Houston, Tx, UsSupervised an analyst to support Operations Budgeting, Planning, Forecasting and Analysis including all corporate functions and support M&A due diligence for 120 restaurants with $400M in revenue. • Created a declining budget program that helped control supply and maintenance costs through a restaurant level dashboard. • Designed, developed and implemented a staffing model program and wait efficiency program to manage staffing to maximize sales and profitability through appropriate staffing. • Designed, developed and implemented an Economic Value Added and Return on Invested Capital Model that materially improved insight into development results and planning.• Designed, developed and implemented new budget and forecasting models using statistical seasonal forecasting methodologies to materially improve the planning of labor deployment and variable expense planning.
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General ManagerJoe'S Crab Shack Oct 2004 - Dec 2009Houston, Texas, UsSupervised 3 person management team and more than 60 staff in all aspects of the execution and management of a $2M restaurant operation. • Developed and trained 5 managers in all aspects of the business from basic leadership skills to operational and financial skills. • Turned unprofitable and declining restaurant into a profitable and growth restaurant that experienced 4 years of sustained growth in sales and profit. -
Manager & Director Of Special EventsHour House Inc. 1998 - 2004Responsible for site management, concept development, catering and special events including music festivals, negotiation of national and international performance artist contracts and project management for large catering events. • Played integral role in the development of 2 new catering and restaurant concepts that continuing to be successful operations. • Played pivotal role in brand development and marketing plans for new and existing brands that led to the formation of new logos and recognition tactics.
Eric Easton Skills
Eric Easton Education Details
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Indiana University - Kelley School Of BusinessFinance And Accounting
Frequently Asked Questions about Eric Easton
What company does Eric Easton work for?
Eric Easton works for Tgi Fridays
What is Eric Easton's role at the current company?
Eric Easton's current role is Chief Financial Officer.
What is Eric Easton's email address?
Eric Easton's email address is er****@****hoo.com
What is Eric Easton's direct phone number?
Eric Easton's direct phone number is +183265*****
What schools did Eric Easton attend?
Eric Easton attended Indiana University - Kelley School Of Business.
What are some of Eric Easton's interests?
Eric Easton has interest in Classical Music, Social Services, Children, Writing, Economic Empowerment, Civil Rights And Social Action, Politics, Education, Opera, Reading.
What skills is Eric Easton known for?
Eric Easton has skills like Financial Analysis, Budgets, Management, Customer Service, Finance, Forecasting, P&l, Strategic Planning, Financial Modeling, Leadership, Financial Reporting, Inventory Management.
Who are Eric Easton's colleagues?
Eric Easton's colleagues are Aime Koua, William Eldridge, Lizzi Garcia, Miranda Osburn, David Bruce, Jake Almodovar, Vijay Singh.
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