Chief Financial Officer And Senior Vice President
CurrentTRIUMPH 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
