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Aerospace and Industrial Public CFO with Operating and M&A Experience and a Record of Performance.
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Chief Financial Officer And Senior Vice PresidentTriumph Group 2016 - PresentRadnor , Pa, UsTRIUMPH GROUP, INC. (NYSE: TGI)A $1.3 billion global aerospace and defense company that designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems, components and structures for military and commercial aircraft OEMs and operators: ~4,900 employees, 21 locations, 7 countriesResponsible for accounting, financial planning and analysis, treasury, tax, M&A, and investor relations• Partnered with CEO on portfolio strategy to improve FCF, reduce debt and profitably grow• Changed the company-wide financial culture from EPS driven to be FCF and EBITDAP focused• Negotiated over $300 million in cash advances from Boeing• Secured a $600 million long-term military program order in the above cash advance negotiation• Tax effectively divested 15 non-core businesses with $1.7 billion of sales• Negotiated price increases or exits from a series of underperforming build-to-print contracts• Created leverage to cleanly exit a long-term contract that was losing over $300 million per year• Raised over $2 billion from bondholders and $250 million from shareholders• Negotiated bank amendments to maintain covenant compliance for a 14-bank facility• Outsourced the internal audit function and co-sourced the tax function to improve efficiency• Lead team managing the $2 billion defined benefit pension plan• Contributed to union negotiating team strategy that eliminated $100 million of OPEB liability• Protect and optimize over $325 million of deferred tax assets to minimize cash taxes• Achieved a six-fold recovery in stock price after stabilizing the company during the pandemic -
Chief Financial Officer, Senior Vice President, President Shared ServicesSteel Partners Holdings 2007 - 2016New York, Ny, UsSTEEL PARTNERS HOLDINGS L.P. (NYSE: SPLP)A $1 billion diversified global holding company with industrial, financial and energy segments• Led SPLP’s initial public offering and listing on The New York Stock Exchange in 2012• Listed HNH on NASDAQ in 2008, SXCL on NASDAQ in 2015, moved SXCL to OTC in 2016• Managed a $30 million shared services group serving fifteen affiliated companies• Negotiated over $600 million in financing, including a $400 million 11-bank facility• Completed a rights offering to raise $200 million of new equity• Served on committees managing over $500 million of pension and 401(k) plans• Restructured international holdings for greater tax efficiency• Led and participated in acquisitions, divestitures, restructuring and closures worldwide -
Vice President – Finance And Treasurer, Northeast RegionAmerican Water (Nyse: Awk) 2004 - 2007Camden, Nj, UsAMERICAN WATER (NYSE: AWK), Northeast RegionA $600 million division of RWE, a $60 billion public utility based in Essen, Germany• Led the regional divestiture team for American Water’s successful initial public offering• Filed a $100 million rate increase request in New Jersey, the largest in history• Negotiated a $56 million rate increase settlement in New Jersey; early and exceeding plan• Reduced taxes $20 million by securing a favorable New Jersey GRAF tax opinion letter -
President - Teleflex AerospaceTeleflex (Nyse: Tfx) 1991 - 2003Wayne, Pa, UsTELEFLEX AEROSPACEA $530 million group manufacturing and servicing engine components and aircraft cargo systems serving the aerospace and power generation markets: ~3,000 people, 30 facilities, 9 countries• Grew revenue 215% and profit 178% from 1991 to 2001• Negotiated an airfoil repair joint venture with GE Aviation that is the global market leader• Secured FAA and TSA funding to develop explosion resistant air cargo containers• Started up a low-cost manufacturing facility in Mexico• Established a profitable joint venture with Samsung Aerospace in Korea• Acquired and integrated a strategic cargo system company in Sweden • Efficiently closed 10 of 40 operating facilities following 9/11 and Enron’s bankruptcy -
Chief Financial OfficerNumonics Corporation 1988 - 1991UsNUMONICS CORPORATIONAn international computer systems manufacturer • Negotiated bank and venture capital financing to acquire a United Kingdom based competitor, sold a Belgian subsidiary, and negotiated a merger with a German competitor -
Senior AccountantSchiffman Hughes Cpa'S Pc 1985 - 1988SCHIFFMAN HUGHES CPA's PC• Led teams performing accounting, auditing, tax, advisory and IT services for various clients
Jim M. Skills
Jim M. Education Details
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Lehigh University College Of BusinessBusiness And Economics
Frequently Asked Questions about Jim M.
What company does Jim M. work for?
Jim M. works for Triumph Group
What is Jim M.'s role at the current company?
Jim M.'s current role is Chief Financial Officer.
What is Jim M.'s email address?
Jim M.'s email address is jm****@****ers.com
What is Jim M.'s direct phone number?
Jim M.'s direct phone number is (212) 520*****
What schools did Jim M. attend?
Jim M. attended Lehigh University College Of Business.
What skills is Jim M. known for?
Jim M. has skills like Due Diligence, Finance, Mergers And Acquisitions, Strategy, Strategic Planning, Auditing, Mergers, Accounting, Process Improvement, Management, Acquisition Integration, Sec Filings.
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