William Mccracken Email & Phone Number

Ormond Beach, Fl, Us

As a full-time consultant, led THG in a complete turnaround to achieve peak sales and profitability; engaged full-time to lead operations for both California and Chicago offices. Worked extensively with attorneys and human resources leaders to address and resolve several legal and personnel matters.• Oversaw risk management and legal activities such as letters of agreement, contracts, leases, and other legal documents as well as the procurement and management of business insurance.• Managed financial and business planning activities, to include administering financial plans, overseeing business policies and accounting practices, reviewing/analyzing financial reports, and leading the budgeting process.• Handled bank negotiations, oversaw reporting and compliance, and managed performance monitoring.• Directed an outside IT firm in ensuring ongoing maintenance/support of information systems and infrastructure.• Negotiated beneficial bank financing and lease arrangements and initiated/recommended process improvements and personnel changes throughout the organization. • Oversaw collections of delinquent accounts and recovered $500K in delinquient payments without any write offs.• Lowered operational costs by introducing changes in the accounting and IT systems and enhanced profitability by introducing an outsourcing freelance program.• Delivered strategies to reduce the company tax burden by 60%.

• Initiated, planned, and led the formation of Ginn Financial Services, a subsidiary of the second largest real estate developer and resort/club owner in the Southeast US, with properties throughout the US and Caribbean.• Led and negotiated strategic partnerships that produced the operational platform of Ginn Financial Services; selected and trained 15 professionals to staff the in-house mortgage company of The Ginn Companies.• Negotiated an affiliated business agreement between Ginn Financial Services and a New York investment banking firm for Ginn to serve as their operational arm in the Bahamas and other parts of the Caribbean.• Obtained $200M credit facility from a large US REIT to fund individual buyers of Ginn property in the Bahamas.• Led team members in financing more than $300M of real estate sales.• Divested a $50M mortgage portfolio to a US regional bank and negotiated the sale of a $76M mortgage portfolio to a New York-based investment banking firm.

• Promoted to Senior Lending Officer to manage nine team members in loan origination/management.• Increased loan portfolio from $90M to $210M and expanded profitability to $5.9M.• Improved ROA and ROE to 1.40% and 19.53% respectively during tenure.• Lowered past dues from more than 3% to .10% in just three years.• Earned top producer awards for multiple years.

• Originated approximately $47.5M in gross loans and expanded the loan portfolio by 414% to $33.4M. • Successfully attracted and retained several premier clients to the bank.• Managed the most valuable and profitable client relationships for the organization.

• Led five team members in increasing loan portfolio 45%, from $15.6M to $22.6M.• Originated $14.6M in new loans and $30M in fee income in twelve months.• Managed and made recommendations to state-wide offices on all large participation loans.Vice President, Corporate Lending• Managed a three-member team and personally approved loan recommendations for three branches locations.• Expanded the loan portfolio 83%, from $8.5M to $15.6M.• Generated $49M in fee income and originated more than $10M in new loans in one year.• Earned SunTrust East Central Florida “Top Performer” award.