Michael Saccucci Email & Phone Number

Greenville, Sc, Us

Greenvillle, Sc

Greenville Sc

Defense industry, private equity owned: developed monthly reporting package.Global automotive supplier, private equity owned: served as CFO.International medical device manufacturer, privately owned: developed monthly reporting package.Regional interpreting and translation services business: developed business and marketing plan.

Cincinnati, Ohio Area

Private equity owned contract manufacturer with multiple businesses including personal care and healthcare for major international consumer products and pharmaceutical companies.• Served as acting CEO 7/07 - 9/07, worked with CEOs to develop business strategy. • Led Company from pending bankruptcy to profitability via reduced costs, increased client prices and new business.• Improved credibility and confidence in the business with shareholders, customers and lenders. • Led Company into compliance with seven major lending and customer agreements within 15 months.• Negotiated a $8MM sale/leaseback to free up availability on the revolving loan (2007).• Negotiated a $3.7MM one-time payment from a major consumer products Company (2007).• Negotiated 3-year lending agreement (2008, 2011 and 2014). • Reduced corporate expenses from $10MM to less than $3MM (2007-2011).• Developed business metrics to monitor health and progress of the business, implemented a 15-week cash forecast.• Developed monthly reporting package including business metrics/dashboard for Board of Directors. • Improved monthly accounting closing process from 30+ days to 5 days.• Negotiated a $7MM term loan for a major plant expansion (2010). • Moved corporate accounting/finance function from Toronto to Cincinnati and eliminated 5 positions.• Assisted major stock buyback program (2014). • Negotiated union contract (2014).• Coached Managing Directors in Personal Care and Pharmaceutical businesses: increased profitability, efficiency.

Milwaukee, Wi

Private equity owned manufacturer with multiple businesses including retail and consumer products with plastic blow-molding, metal fabrication and assembly operations.• Helped lead the Company’s successful turnaround in a highly leveraged environment.• Worked with CEOs to develop and execute successful strategic plans.• Coached and mentored Business Managing Directors.• Worked through three bank amendments and refinancing with 11-member lender workout group.• Restructured financial, and information systems departments resulting in annual saving of +$1 MM.• Liaison between the Company and Private Equity ownership groups.• Implemented monthly financial reporting around businesses units, product lines and customers.• Led team that improved Working Capital Cycle by 27 days.

Findlay, Oh

Privately held global manufacturer of automotive and heavy truck interior trim.• During tenure the Company grew from $165 MM, with 9 plants to $850 MM with 27 plants.• Built and led acquisition team, brought on a $225MM European footprint with seven plants in four countries. • Built legal entities in various countries and assisted in the start up of multiple international and domestic operations.• Led team that improved profitability of European acquisition by $11 MM in first year.• Directed integrating multi-plant European operations post-acquisition as Managing Director.• Oversaw Accounting, Finance, Tax, Insurance, Information Systems, Internal Audit, Legal, Human Resources and Employee Benefit Plans for 10 acquired companies, including 24 manufacturing locations in 6 countries• Provide on-site operational and financial assistance to plant managers.• Member of the executive and strategic planning committees.• Developed an equity and bonus based management compensation system.• Led team: structured, negotiated, and consummated credit facilities such as multi-currency facilities at global banks.• Led team that obtained $2 million in various state and local grants for plant expansion.• Developed, launched program to optimize Research and Development tax credits to improve process and products.• Built, implemented a Cash Management System, Sales and Cash Flow Forecast, an Activity Based Costing System.• Organized Intellectual Property Committee to develop, organize, administer, evaluate owned intellectual property.• Developed, implemented migration from an AS400 to UNIX platform in 18 months for 15 manufacturing locations. • Role title changed from “controller” in 1997, however, Company-wide lead financial role assumed in 1989.

Findlay, Oh

• Managed accounts receivable.• Managed closing some of the plant's books. • Implemented fixed asset and general ledger systems.• Promoted to leading financial role 1989.

• Evaluated domestic and international accounting information, operational performance and information systems.• Reported evaluation results to senior and local management.• Assisted with the annual financial audit.

Toledo, Oh

• Performed operational audits, assisted the annual financial audit. • Role expanded after nine months to manage audits. • Evaluated domestic and international accounting information, operational performance and information systems. • Reported evaluation results to senior and local management

Toledo, Oh

• Oversaw the day-to-day accounting and financial activities. • Presented monthly reports to management, the board of directors and government agencies.

Toledo, Oh

• Participated in various manufacturing and retail audits.• Prepared tax returns. • Assisted recruiting efforts.

B.S.B.A., Accounting

Mba, International Business