Michael Crews Email & Phone Number

United States

• Co-led the company’s $508 million initial public offering and $200 million secondary offering. • Built strong teams in Corporate Accounting, Financial Planning & Analysis and Tax to meet public company financial and governance requirements.• Worked closely with the CAO and the board’s compensation consultant to design the company’s annual and long-term incentive plans post-IPO.• Developed a culture of execution to improve financial performance and meet sponsor and Wall Street expectations. • Improved adjusted free cash flow from negative $11 million in 2015 to $166 million in 2019. • Reduced leverage from 5.8x to 3.9x through debt repayment from increased cash flow and $8.9 billion of debt refinancings, repricings and private placements.• Met or exceeded quarterly consensus Adjusted EBITDA estimates in 87% of reported quarters. • Partnered with the CEO to complete the transformation of PQ and rebranding as Ecovyst (NYSE: ECVT). - Two of four business segments sold, reducing the size of the company by 60% but improved projected revenue growth by ~900bps and adjusted EBITDA margins by ~1000bps. Successfully repositioned the remaining businesses with the market by highlighting the sustainable nature of the portfolio. - Implemented a returns-based mindset which led to better decision-making and a restructuring of the Performance Chemicals business segment to improve results, generate $90 million of non-core asset sales and ultimately divest the business. - EV/EBITDA multiple expanded from ~8x to 12x with total shareholder return improvement of 38% post strategic announcement.• Emphasized team development and succession planning which led to my successor being promoted from within.

Specialties• Strategic Planning – Lead annual process with the CEO/Board of Directors to evaluate near- and long-term outlook, competitive position within key markets and identify and execute key strategic objectives• Capital Market Financings - Debt, Equity and Equity-Linked. Management of all aspects of offerings from deal structuring to placement. Significant experience with credit agreements, term loans (both secured and unsecured), and hybrid debt and senior note offerings.• Business Development – Acquisitions, divestitures and evaluation of strategic alternatives to enhance shareholder value• Investor & Public Relations – Quarterly and annual earnings conference calls with investors, management of investor outreach efforts and interaction with buy-side and sell-side investors through conference presentations and one-on-one meetings• Risk Management (Enterprise and Commodity Trading). Oversight of tailored processes, systems and controls for coal and freight trading and hedging.• Treasury – insurance, bonding, complex leasing transactions (on- and off-balance sheet) and oversight of $5B+ foreign exchange hedging program• Tax – management of complex issues across multiple jurisdictions, both in the U.S. and internationally• Financial Planning• Capital Planning & Project Analysis• Acquisition Integrations • SEC Reporting

Mba

Bs, Accounting

Bachelor'S Degree, Accounting