Michael Skehan Email & Phone Number

Detroit, Mi, Us

Detroit, Michigan, Us

Detroit, Michigan, Us

Detroit, Michigan, Us

Directed team responsible for leading financial assessment of enterprise-wide strategic initiatives, shareholder activism and M&A transactions.

Detroit, Michigan, Us

Assessed strategic fit and economic impact of potential M&A/investment/partnership opportunities across the organization, in line with current and future business objectives (e.g., autonomous, electrification, TaaS, etc.).Key Deals:- Divestiture of GM's European auto business to PSA Groupe- Acquisition of Strobe, LiDAR sensor-tech company- SoftBank’s $2.25B investment in GM Cruise

Detroit, Michigan, Us

• Executed GM’s global financial hedging strategy, including monthly recommendation and subsequent purchase of new derivative instruments, and management of existing portfolio of options and forwards. • Executed FX spot trades in ~20 global currencies via electronic trading platform (FXall), totaling upwards of $100M weekly. • Delivered regular financial reporting as it relates corporate hedging & foreign exchange impacts (budgeting, cash-flow forecasting, P&L, etc).

Detroit, Michigan, Us

• Oversaw the company's global financial counterparty credit risk, covering approximately $30B in operating cash, investments and derivatives exposure. • Managed and monitored Letters of Credit issued under the company's $12.5B global revolving credit facility.• Reduced quarterly LC invoice reconciliation process by over 50% (1 month) by developing model to compare GM record to creditor invoices and automatically calculate daily LC utilization.• Revised corporate Financial Counterparty Risk policy, approved by GM CFO.

Detroit, Michigan, Us

• Advised business on various issues, from service contract negotiations to review of $500M+ in global tooling purchases.• Served as Tax SME to coordinate between business and IT during development of SharePoint-based solutions to track and manage data for global economic incentives and quarterly FAS5 (ASC 450) reporting.• Drove process restructuring for vendor tooling purchasing reviews, including purchasing detail template layout, scope of Tax Staff review and appropriate workflows.

Detroit, Michigan, Us

• Lead cross-functional business case development and approval for OnStar pricing and promotions.• Financial lead on key initiatives to boost profitability on core business, including insurance company partnership, a “Summer Pass” remarketing campaign and first price increase to core services in 5+ years. • Launched process for implementation of electronic Pricing Notice of Decision (PNoD) approval / storage and migration of historical (paper) PNoDs to online database.

Detroit, Michigan, Us

• Responsible for budgeting, forecasting and accounting entries related to $80M (revenue) wireless telephone business (HFC – Hands Free Calling) and $30M (structural cost) marketing organization.• Improved processes and communication with business partners to reduce quarter-end forecast variances from nearly 100% to below 5% with less time.• Drove analysis resulting in HFC revenue per sale increase of over 15% in inbound sales channel, estimated to create $1M in incremental revenue annually.

Detroit, Michigan, Us

• Assessed & documented appropriate accounting treatment for all North American non-vehicle leasing (NVL) transactions. • Increased efficiency through various process improvements, including design and implementation of new leasing transactions tracking sheet & development of ‘New Employee Training’ PowerPoint presentation.

Las Vegas, Nevada, Us

•Worked as part of executive team to develop strategy, content, and marketing efforts for internet radio station with over 2 million listeners. • Researched and prepared stories to be posted on idobi website, communicating as required with established artist public relations and management personnel. • Scheduled and coordinated event coverage, interviews, and media passes for global staff located throughout North America, Europe, and Australia.