Senior financial executive with 13 years of C-suite experience, ranging from Fortune 500 to private equity sponsored companies. Trusted strategic advisor to CEOs and boards to provide forward-thinking solutions in both high-growth and challenging business environments. Collaborative leader focused on people and processes to deliver consistent growth and value creation.Leadership expertise includes:Development & Succession Planning | Strategic Planning | Investor Relations | Enterprise Risk ManagementJoint Venture Management | Capital Markets | Mergers & Acquisitions | Acquisition Integration Regulatory Compliance & Reporting
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Executive Vice President & Chief Financial OfficerPq Corporation Aug 2015 - Aug 2021United 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. -
Executive Vice President & CfoPeabody Energy Jun 2008 - Jul 2015Specialties• 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 -
Vice President - Operations PlanningPeabody Energy Aug 2007 - Jun 2008 -
Vice President - PlanningPeabody Energy Dec 2006 - Aug 2007 -
Assistant TreasurerPeabody Energy Feb 2006 - Dec 2006 -
Director - Financial & Capital PlanningPeabody Energy Jan 2004 - Feb 2006 -
Assistant ControllerPeabody Energy Dec 2000 - Jan 2004 -
Multiple PositionsPeabody Energy Sep 1998 - Dec 2000 -
Manager - Financial ReportingMemc Electronic Materials Sep 1995 - Aug 1998 -
Manager - AuditKpmg Us Sep 1989 - Aug 1995
Michael Crews Education Details
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Accounting -
Accounting
Frequently Asked Questions about Michael Crews
What is Michael Crews's role at the current company?
Michael Crews's current role is Retired EVP & CFO at PQ Corporation.
What schools did Michael Crews attend?
Michael Crews attended Washington University In St. Louis, University Of Missouri-Columbia, University Of Missouri-Columbia.
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Michael Crews
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Michael Crews
Policy Director And Advocacy Leader: Shaping And Advancing Organizational Objectives Within The Realm Of Public Policy And Social ChangeDenver, Co2cobioscience.com, gmail.com2 +134759XXXXX
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Michael Crews
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