Michael Biehl Email & Phone Number

Rocky River, Oh, Us

Worked as the Company's interim company CFO until it was able to hire a new CFO. Handled all aspects of public company CFO role reporting to the CEO, with nine direct reports. Had oversight and responsibility for public reporting, corporate and business unit accounting, tax, treasury, internal audit and information technology.

Worked as an outside contractor through The Adecco Group for Ernst & Young’s Financial Accounting Advisory Services (FAAS) Group providing financial consulting services to EY clients.

Cleveland, Ohio, Us

Business partner to the President and his cabinet members, transitioning from a long career in the corporate public company world to higher education. Responsibilities at this strong urban University in the Greater Cleveland area include:- Accounting, Finance and Treasury;- Facilities;- Information Systems & Technology;- Auxiliary Campus Services, including student housing, parking and other services and;- Campus Police

Independence, Ohio, Us

Leader and advisor to CEO, CFO and Board Audit Committee on public company matters including all SEC filings, earnings releases and investor relations, in addition to capital transactions. Led and directed Company’s tax function and assisted with integration of financial function including external public reporting for this newly formed company.• Partnered with Sibelco Treasurer to complete a successful $1.65 billion term debt offering, along with a $200 million revolving credit facility, on the acquisition date. New debt was negotiated with banks at favorable market terms used to refinance legacy Unimin and Fairmount Santrol’s pre-acquisition debt.• Restructured combined company legal entity portfolio to reduce carrying costs targeted to save $300,000 to $500,000 annually.• Led project to maximize Company’s tax depletion deduction and reduce domestic and foreign tax compliance costs to capture millions in annual cash tax savings.• Organized Sarbanes-Oxley (“SOX”) project to design and implement internal controls for the combined Company with a January 1, 2019 mandatory commencement date under public reporting rules.

Independence, Us

Top Finance leader for Fairmount Santrol, a $1 billion publicly held company, which was acquired by Sibelco in 2018. Fairmount Santrol provided high-performance sand and sand-based products used by oil and gas companies to enhance well production, in addition to providing various high-quality sand products to industrial customers. As CFO and EVP, oversaw and directed M&A, investor relations, financial accounting, forecasting and analysis, internal and external public reporting, internal audit, tax administration and compliance, and treasury, including debt financings and equity offerings. Led a staff of 46 with a budget of $15 million.• Stabilized and improved distressed balance sheet due to a market downturn during 2016, leading two successful primary equity offerings raising $437 million used to reduce high debt level.• Prepaid and repurchased $350 million of debt in 2016 saving $8 million on discounted debt repurchase and reduced annual interest costs $13+ million.• Partnered with executive team to execute on a $20+ million cost reduction initiative in 2016 due to energy market downturn realizing $18 million in annual savings. Assisted in identifying high cost mines and plants for closure reducing operating costs. Efforts improved profitability and generated positive operating cash flows beginning in late 2016. • Refinanced the Company’s remaining $780 million in debt in late 2017 with a new $700 million, 5-year term loan and a $125 million 5-year revolving credit facility, further reducing total debt by $30 million, saving an additional $1 million in annual interest costs.• Directed corporate development including the process to identify new sand reserves in Texas and Oklahoma, negotiating long-term lease agreements for a $44 million investment securing 200 million tons of reserves, versus purchasing the reserves for in excess of $250 million.

Ball Ground, Georgia, Us

Functioned as CFO and COO, including setting the strategic direction of the Company with the CEO, management team and Board of Directors. Oversaw all corporate office functions including development, investor relations, financial accounting and forecasting, internal and external public reporting, tax administration and compliance, information technology, insurance and risk management, legal, human resource and treasury, including debt financings. Led a staff of 90+ corporate employees and managed a multi-million dollar budget.• Served as Interim President in 2014 to manage the $266 million Bio-Medical business.• Expanded external analysts’ coverage from 4 to 14, creating more investor interest in the Company, which helped to improve the Company’s stock price from a low of $6 in 2009 to a high of $130 per share in 2013.• Coordinated and executed on plans to reduce costs $30+ million during the 2008 and 2009 market downturn, and again in 2014 and 2015, as a result of oil price decline, and reduced costs $65+ million. • Led 16 acquisitions strategically positioning and adding $374 million in sales on $379 million invested.• Led and executed several debt refinancings including a 7-year, 2% convertible debt offering saving $10 million annually. • Executed an IPO in 2006, with a follow-on secondary offering in 2007 enabling the Private Equity owner to successfully exit with a 3½ times return on investment. • Guided and executed a “go private” transaction in 2005, including arranging and negotiating a $200 million public high yield debt offering and a $200 million bank term loan financing.• Helped to restructure balance sheet and operations in 2003, leading the Company through a pre-packaged Chapter 11 bankruptcy and re-stabilization of the Company.

Us

Responsibilities included all financial accounting, budgeting, forecasting and internal and external public reporting, corporate development, including M&A, taxes, information technology, insurance and risk management; treasury, including financing and investing. • Completed 11 acquisitions ranging in size from $1 million to $230 million, which added revenues of $267 million, and the divestiture of 4 businesses resulting in cash proceeds of almost $80 million.• Negotiated several revolving and term loan debt facilities, including a $230 million senior credit facility and $100 million senior subordinated public debt facility.

London, Gb

• Responsible for planning and directing all phases of audits, primarily for public companies with revenues ranging from $100 to $500 million. • Internally managed and coordinated audit staff assignments for a three-year period. Responsible for assignments of 250 audit professionals and directing annual production for the entire audit practice.

Master Of Business Administration - Mba

Bachelor Of Business Administration - Bba, Accounting