Michael Korman

Michael Korman Email and Phone Number

Treasury Manager, Capital Markets | Financial Analysis, Financial Forecasting @ Eastman
Michael Korman's Location
Kingsport, Tennessee, United States, United States
About Michael Korman

Seasoned finance professional with a strong background in financial analysis and capital market strategies. Experienced in collaborating with cross-functional teams to optimize financial performance and achieve organizational objectives. Committed to continuous learning and staying abreast of industry trends to provide informed and innovative financial solutions. Outside of work, I like to enjoy my time by staying active (basketball and golf), reading, and most of all traveling. So far, I've traveled to 15 different countries and plan to cross a few more off my list within the next few months.I'm happy to connect with fellow professionals, thought leaders, and travelers. Thank you for visiting my profile, and I look forward to engaging with you in meaningful conversations.

Michael Korman's Current Company Details
Eastman

Eastman

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Treasury Manager, Capital Markets | Financial Analysis, Financial Forecasting
Michael Korman Work Experience Details
  • Eastman
    Treasury Manager, Capital Markets
    Eastman Jan 2022 - Present
    Kingsport, Tennessee, Us
    • Primary liaison for banking partners, investors, and legal during the $750M 2024 bond issuance. I oversaw the review of legal documentation and diligently managed the timeline to ensure our initial market debut proceeded without delay• Collaborated with our Admin Agent on amending and extending the company's $1.5B revolving credit facility to secure bank group before upcoming capital market activities• Work closely with FP&A and investor relations to ensure alignment and coherence in discussing company performance and strategic direction with external stakeholders• Organize and facilitate pre-earnings calls with rating agencies to ensure thorough communication on financial performance and expectations prior to the official earnings release • Conduct peer benchmarking to keep senior management informed of competitive positioning in relation to dividends and other financial metrics• Prepare board materials for senior management with capital market updates pertaining to industry developments, credit spreads, cash flow, EBITDA, and dividends• Prepare responses to potential investor inquiries regarding our bond offerings for senior leadership• Collaborated extensively with accounting and legal on implementing a new factoring program to help obtain financial targets and goals that were conveyed to the Street
  • Eastman
    Senior Capital Markets Analyst
    Eastman May 2021 - Jan 2022
    Kingsport, Tennessee, Us
  • Unilever
    Associate Finance Manager
    Unilever May 2020 - May 2021
    Blackfriars, London, Gb
    • Prepare monthly financial reports across Dove, Dove Baby, and Dove Men+Care to analyze results, communicate key trends, and flag risks/opportunities in the portfolio.• Creating a 5-year strategic forecast for the Dove portfolio. Collaborating with marketing on key business projects that will drive topline growth and meet future guidance for each product category.• Assist on the creation of business cases to drive product innovation that will provide GM improvement and topline growth.
  • Pfizer
    Mba Finance Leadership Program: Sr. Financial Analyst (Treasury Capital Markets And Strategy)
    Pfizer Jul 2019 - May 2020
    New York, New York, Us
    • Conducted a cash repatriation analysis on a Pfizer Inc. foreign entity resulting in a ~$200M special dividend to stakeholders. Benchmarked special dividend to competitor repatriations focusing on cash/debt ratios and regular dividend distributions to ensure foreign entity remained financially stable after special dividend.• Designed a dashboard to track Pfizer’s financial performance metrics. The document linked to Bloomberg, using Bloomberg query language, and internal files to consolidate financial metrics (capital allocation, credit ratings, working capital, liquidity, hedging portfolio, M&A activity, etc.) in one place for senior management.• Managed and updated Pfizer’s $1B+ equity portfolio. Kept track of monthly and quarterly gains/losses for SEC reporting. Collaborated with multiple departments to identify $200M in equities to monetize in 2020.• Created a pharmaceutical competitor analysis that compared Pfizer’s financial strength to its peers. The analysis focused on financial metrics such as YTD total return, liquidity, M&A firepower/activity, leverage/PE ratios, credit ratings, debt issuances, and equity issuances.• Primary contact for discount rate requests from groups such as BD and Global Ops. Rates varied for uses in valuating acquisitions, licensing agreements, and capital expenditures in established and obscure markets. Triangulated rates using a variety of methods from government spreads, CDS, and Damodaran.• Provided in-depth capital market write-ups for board meetings. Information focused on US and European economy/rate environment, financial markets, debt markets, and political updates.• Learned Bloomberg Query coding language to create new and streamline existing reports in excel.
  • Pfizer
    Mba Finance Leadership Program: Sr. Financial Analyst (Research & Development Finance)
    Pfizer Jan 2019 - Jul 2019
    New York, New York, Us
    • Reviewed the Cambridge's office commuter and health club subsidy which uncovered 5 years of over-payments, most notably a $1.5M over-payment in 2018. Resolved the issue by collaborating with the Global Financial Solutions (GFS) team to credit the Worldwide Research & Development teams budget for 2018 and adjust charges moving forward.• Supported the Pfizer Ventures team by processing capital calls and ensuring payemtns and fees were processed on time. • Updated Pfizer Ventures equity portfolio. Researched and cataloged investments for senior leaders to easily track positions.• Managed a $10M+ clinical trial budget. Updated future forecasts based on clinical study enrollment and purchase orders. • Supported the Cambridge activities coordinator with the $5M Cambridge Site Operations budget. Lead monthly meetings, ensured invoices were charged to their respective cost center, and kept spend on budget.
  • Pfizer
    Mba Finance Leadership Program: Sr. Financial Analyst (Brand Finance)
    Pfizer Jul 2018 - Jan 2019
    New York, New York, Us
    • Collaborated with the managed market finance group to conduct a price increase analysis on the Women’s Health (WH) portfolio. This analysis unlocked hidden value of $15M in net revenues (2% of WH portfolio revenues).• Wrote monthly commentary for senior leaders to explain which factors had a positive or negative impact on revenues in the WH portfolio. This write-up showed readers how each product was progressing against budget and the latest estimate (LE).• Updated product sales models with actual results pertaining to gross to net (GtN) revenues, market/product unit sales, demand, and unexplained sales. These updates provided insight to make accurate forecasts to end of year results.• Worked with brand leaders on finance related questions pertaining to monthly, quarterly, and yearly revenues and unit forecasting. Collaborated with brand managers to evaluate product performance against their total budget to make necessary adjustments in marketing strategies to meet revenue targets.• Created ad hoc projects in Excel to track financial results vs. budget and LE’s for the WH portfolio team. These files allowed the WH team to see how their products were progressing against benchmarks over certain periods of time.• Created and presented a P&L (profit and loss) training PowerPoint for the Retail/Government group to educate team members on the construction and importance of a P&L statement.
  • Pfizer
    Mba Finance Summer Analyst
    Pfizer May 2017 - Aug 2017
    New York, New York, Us
    • Consolidated regional P&L statements to calculate budget variance for senior leadershippresentations.• Created year to date, full year, and need-to-meet Excel spreadsheets to determine whichregions were ahead or behind their budgets.• Provided monthly and quarterly commentary to determine which regions andproducts were exceeding or below budget expectations.• Rolled up and consolidated regional SG&A spend to calculate full year run rates and find cost savings.• Created quarterly supply reports to determine which products were the largest drivers ineffecting the overall budget.• Suggested a strategic acquisition to maintain leadership in key therapeutic areas whileincreasing shareholder value.
  • Ipsos
    Research Analyst
    Ipsos Jun 2014 - Jun 2016
    Paris, Fr
    • Managed $2M account six months into tenure to improve performance by organizing and processing accurate reports.• Led members in five or more departments for each project to ensure client specific requests were implemented from project inception to completion.• Analyzed survey data to find trends and variances between current and historical testing. • Reported project savings between $1-$3K to increase profit margins, maintain accurate budget records, and forecast future project budgets.• Formatted, created, and prepared ad hoc reports in Microsoft Excel and PowerPoint for client service representatives.• Assisted other team members by reviewing client reports or managing additional projects.
  • The Madison Square Garden Company
    Entertainment Group Sales Representative
    The Madison Square Garden Company Jun 2013 - Jun 2014
    New York, Ny, Us
    • Partnered with the NJEA to offer union members (approximately 200K) discounted tickets to the Radio City Christmas Spectacular (RCCS).• Developed a database of qualified leads through cold calling, direct mail, email, and networking.• Created Excel spreadsheets of pending payments to ensure customer invoices were not overdue, recovering thousands of dollars in unpaid inventory, and completed sales to ensure clients received their tickets.• Fielded questions from customers to assist them in the ticket purchasing process and provided information about current and upcoming productions.
  • The Madison Square Garden Company
    Marketing Student Associate
    The Madison Square Garden Company Jan 2013 - May 2013
    New York, Ny, Us
    • Brainstormed and implemented new marketing ideas with the productions marketing team for the Radio City Christmas Spectacular (RCCS) along with other holiday and family productions.• Organized mailings of collateral to be sent out to marketing partners.• Assisted market research team at shows to gather consumer demographic information.• Tracked and analyzed daily sales in Microsoft Excel for family shows against historical records using Ticketmaster sales reports.• Compiled attendance, ticket sales, and per cap numbers to be used for show recaps.• Examined and analyzed pricing, discounts, and marketing efforts of Broadway shows to gain a competitive advantage for future Madison Square Garden Entertainment productions.• Compared RCCS and Broadway shows by creating year over year analysis spreadsheets of ticket revenue, paid attendance, and per cap.• Updated ticket holder charts for RCCS to maximize advanced sales and profit.• Researched and compiled contact information of businesses to form future marketing partnerships for the promotion of RCCS.• Proposed and presented new growth opportunities for the Madison Square Garden Company with the creation of an annual summer music festival as well as a venue acquisition.
  • The Mayo Performing Arts Center
    Production Intern
    The Mayo Performing Arts Center Jun 2012 - Sep 2012
    Morristown, Nj, Us
    • Edited contractual agreements, for revision by superiors, for upcoming performances at the Mayo Theater.• Assisted visiting artists and their production staff by navigating them through the theater and directing them to higher management for specific requests.• Worked with the production team in stage organization dealing with stage lights (gels and focus) and other stage equipment in preparation for upcoming shows.• On show days assisted in equipment load in/load out, stage setup, and audio mixing.• Performed grassroots promotions for upcoming shows by participating in local events for community members.

Michael Korman Skills

Music Marketing Music Industry Music Production Composition Powerpoint Microsoft Excel Microsoft Word Guitar Logic Pro Pro Tools Recording Songwriting Sound Design Ticketmaster Archtics Ticketing System Ticket Sales Promotions

Michael Korman Education Details

  • Rutgers Business School
    Rutgers Business School
    Finance
  • Ramapo College Of New Jersey
    Ramapo College Of New Jersey
    Music Business

Frequently Asked Questions about Michael Korman

What company does Michael Korman work for?

Michael Korman works for Eastman

What is Michael Korman's role at the current company?

Michael Korman's current role is Treasury Manager, Capital Markets | Financial Analysis, Financial Forecasting.

What is Michael Korman's email address?

Michael Korman's email address is mk****@****ail.com

What is Michael Korman's direct phone number?

Michael Korman's direct phone number is 763-581*****

What schools did Michael Korman attend?

Michael Korman attended Rutgers Business School, Ramapo College Of New Jersey.

What are some of Michael Korman's interests?

Michael Korman has interest in Financial Analyst, Banking, Trading, Investing, Finance, Finance Auditor, Music, Financial Analysis, Stock Market, Financial Manager.

What skills is Michael Korman known for?

Michael Korman has skills like Music, Marketing, Music Industry, Music Production, Composition, Powerpoint, Microsoft Excel, Microsoft Word, Guitar, Logic Pro, Pro Tools, Recording.

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