Eric Wayne Email & Phone Number

Yonkers, Ny, Us

Leads the oversight of CR’s financial affairs, providing insights to help make better decisions about formulating and executing strategy. Directly responsible for the organization's financial functions, including accounting, business strategy and planning, financial planning and analysis, treasury, risk management and the oversight of CR’s national headquarters in Yonkers, N.Y.Primary responsibility for developing CR’s long-term financial vision and operating plan, and driving the exploration and development of new business models. He is also responsible for developing CR’s budgets, financial reports, and analysis of financial trends in order to assist the organization’s leadership team with developing solutions to business challenges and to drive resource allocation decisions.Consumer Reports connects with consumers through many channels, including our flagship Consumer Reports magazine and ConsumerReports.org website, policy and advocacy work, and a range of issue-specific publications and campaigns. Our experts put thousands of products to the test each year in our 50 state-of-the-art labs and 327-acre automotive testing track. Advocates in offices across the United States engage with more than 1 million online activists to push for improvements in the consumer marketplace. And our surveys of more than 1 million subscribers captures vital feedback on purchasing decisions, experiences and shopping habits, helping us further our work to inform and protect.Consumer Reports has empowered consumers with the knowledge they need to make better and more informed choices. Across everything we do, Consumer Reports unites impartial, trustworthy guidance with nearly eight decades of unwavering commitment to helping consumers make informed decisions.

Yonkers, Ny, Us

Responsible for the oversight of Consumer Reports’ financial affairs, providing insights to help make better decisions about formulating and executing strategy. Directly responsible for the financial functions of accounting, business planning and analysis, treasury, and facilities function.

Yonkers, Ny, Us

Responsible for Investments, Debt, Cash Management and Risk ManagementInvestments – coordinated the design, approval and implementation of comprehensive investment policy statements for all portfolios (corporate, pension and fundraising), improved allocation and diversification which led to significantly improved performance, reduced volatility and improved reporting,Debt – refinanced debt through a $47 million bond offering, coordinated presentations to credit rating agencies, improved terms and conditions of debt covenants, implemented derivatives policy, executed an interest rate swap to mitigate interest rate risk. Cash Management – implemented purchasing card program, renegotiated line of credit, streamlined bank account structure, implemented cash flow forecasting model, optimized credit card processing, and transitioned from paper checks to electronic check processing. Risk Management – launched Internal Audit function, coordinated enterprise risk assessment, improved coverage through a new broker, prior chair of Privacy and Data Protection Committee, initiated Information Security program, developed business continuity plan.Pension/Retirement Plans – Trustee role on several pension and 401(k) plans, knowledge of fiduciary responsibilities, ERISA and DOL regulations, coordinated plan design study, experience with freezing and terminating defined benefit pension plans.

Yonkers, Ny, Us

Responsible for recruitment, compensation, employee benefits, training and development and employee relations for 500 employees; annual budget for payroll and employee benefits of over $50 million. • Provide leadership, direction and guidance to senior management on HR strategies.• Transformed HR functions, plans, programs polices and procedures.• Facilitated successful voluntary buyout program and reduction-in-force resulting in a 9% reduction in staff expense.• Implemented a new performance management system.• Migrated to a new HRIS system resulting in a 75% cost reduction. • Member of the Training and Development Advisory Committee, Chair of Diversity Advisory Committee, Chair of Position Review Committee.• Reduced recruitment expenses by 50% using web recruitment sites.• Coordinated change in insurance broker and recaptured commissions for additional services from full-service consulting firm.• Designed and launched HR intranet site, including self-service applications.

Served as employee benefits consultant for retirement, group life and disability programs.

Mba, Management

Bs, Business Administration