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I am a senior financial executive with a public accounting background and 15+ years of management leadership in accounting, financial reporting, risk management, information technology and office administration in private industry.Until recently, I was SVP-Administrative Officer for Duke Realty Corporation, a real estate investment trust specializing in the development, construction, and ongoing management of bulk distribution warehouses. Successes include the formation of several departments including Treasury, Collections and a Shared Services Center for Accounts Payable and Receivables. In addition, I was Chairman of the Overhead Committee that oversaw 4 reductions in workforce due to a changing business model.Colleagues know me as a trusted advisor to customers, both internally and externally. I believe that you should empower your employees to actively reach out to customers and listen to what they want and need. With proper collaboration and communication, technology can be properly utilized to efficiently and cost-effectively provide solutions and support.Outside of work, I have a strong passion for children and adoption. My two youngest daughters are adopted and I have had the opportunity to be on multiple boards that provide support for homeless and at-risk children throughout the world.Skills: leadership, communication, business process re-engineering, budgeting expertise, accounting system assessment, risk management expertise, process implementation, strategic planning, cost reduction and containment, process improvement strategies, financial reporting.
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President And CeoRedline Equipment Jun 2019 - PresentArchbold , Ohio, Us -
Chief Financial OfficerRedline Equipment Sep 2017 - Jun 2019Archbold , Ohio, Us -
Svp-Administrative OfficerDuke Realty Corporation 1990 - 2017Indianapolis, In, Us--Promoted 5 times during this period.--Chairman of the Overhead Committee that oversaw 4 reduction in workforce initiatives due to a changing business model. Overall savings achieved was over $75 million.--Created a Collections department that took monthly outstanding receivables from 20% to 5%. This created annual interest savings of $750K.--Created a Treasury department and led a banking RFP that consolidated banking relationships to a centralized lock-box environment. These improvements led to an increase of approximately $1 million of additional interest income.--Transformed accounts payable, lease revenue and accounts receivable functions from a decentralized platform into a shared services environment that reduced headcount by over 60%.--Team lead on selection and implementation of P-Card program and a settlement program with a third party vendor. Rebates to the company exceeded the cost of the entire accounts payable department, creating a profit center in accounts payable. -
AuditorErnst & Young 1987 - 1990London, Gb
Mike Pitts Skills
Mike Pitts Education Details
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Anderson UniversityAccounting And Business/Management
Frequently Asked Questions about Mike Pitts
What company does Mike Pitts work for?
Mike Pitts works for Redline Equipment
What is Mike Pitts's role at the current company?
Mike Pitts's current role is President and CEO at Redline Equipment.
What is Mike Pitts's email address?
Mike Pitts's email address is mi****@****lty.com
What is Mike Pitts's direct phone number?
Mike Pitts's direct phone number is +177063*****
What schools did Mike Pitts attend?
Mike Pitts attended Anderson University.
What skills is Mike Pitts known for?
Mike Pitts has skills like Contract Negotiation, Customer Service, Due Diligence, Leases, Budgets, Management, Financial Analysis, Accounting, Financial Reporting, Leadership Development, Team Building, Budgeting.
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