Mike Kravets Mba, Cfo Email & Phone Number

Chicago, Il, Us

Waukegan, Il, Us

I most recently served as CFO and Advisory Board member at The Visual Pak Companies in Chicago. We were THE source for contract packaging and manufacturing solutions, servicing Fortune 500 companies. Operating daily on over two million square feet across the United States, our world-class facilities provided a large spectrum of operations from product development to distribution. As CFO, I was responsible for supporting our tremendous growth and overseeing Accounting/Finance, IT, HR, Contracting, Manufacturing Operations and all back office functions. We were laser focused on exceeding our customers' needs, expanding our relationships and continuously improving the business.

Lincolnshire, Illinois, Us

Serving as CFO of Pure Water Technology, a rapid-growth PE-backed B2B beverage services company, we recently sold the business to a strategic buyer in December 2018 after an amazing financial turnaround in a short period of time. We offered superb drinking water, coffee and ice solutions with improved sustainability and immediate cost savings for most commercial applications. As CFO, I focused on driving strong organic and acquisition growth, deploying capital and improving bottom line results, generating significant shareholder value. At the same time, I focused on building a positive, winning, can-do culture, and helping employees achieve their professional goals. My oversight included Accounting, FP&A, Financing, HR, IT (including CRM), Customer Service and Retention.

Chicago, Il, Us

ComPsych is the world-wide leader in providing EAP, behavioral health, wellness and absence management programs to Fortune 1000, large government agencies and commercial enterprises across over 100 countries. As CFO of this rapid-growth privately-held services company, I provided executive leadership focused on creating significant shareholder value and driving operational excellence while cultivating an environment of positive change, employee satisfaction and best-in-class customer experience. Key accomplishments:• Helped support and drive record growth and profit- Revenue grew over 400 bps YOY and EBITDA $’s increased over 700 bps YOY. This created over $100M of additional market value in 12 months.• Worked with Board to manage multiple debt and equity transactions.• Supervised successful implementation of Great Plains billing software, leading to discovery of several untapped revenue opportunities.• Leveraged CRM, Great Plains and Operating systems to streamline back office processes.• Professionalized finance department, creating daily/weekly/monthly reporting, goals and metrics. • Accelerated monthly accounting close process from 25 days to 10 days.• Identified and executed large process improvement projects in accounts receivable area- accelerated cash applications process from 10 days to 1 day, cleaned up large backlog of billings and established better processes to ensure timely and accurate invoicing, accelerating revenue and reducing write-offs.• Managed all domestic and international financial reporting, audit and tax obligations.• Supervision included Audit, Tax, Treasury, Accounting, Payroll, 401(k), Insurance and Reporting.

Bannockburn, Illinois, Us

As VP Finance and Administration, under the direction of the CFO and CEO, I provided executive level vision, strategy and management oversight for financial planning, budget analysis, and business operations, with the goal of driving strong organic growth and excellence globally throughout our organization. My responsibilities included identifying and creating efficiencies and effectiveness in our operations, maximizing ROIC, and leveraging lean principles to bring people, processes and technology closer together to improve top line and bottom line results.

Bannockburn, Illinois, Us

Finance executive providing strategic and tactical direction to drive strong financial results and create best-in-class operational infrastructure for Stericycle's newest business venture. Responsible for full P&L, FP&A, Accounting (month-end close, A/P, A/R, billing and collections functions), acquisition integration, policies and procedures, operating controls and financial reporting. Frequently partner with Audit, Tax, M&A, HR and Corporate Finance.

Bannockburn, Illinois, Us

Key leadership team member managing finance, sales (telesales and field) and marketing operations for $1 billion US business. Responsibility for managing 8 direct reports and overseeing 36+ employees. Oversight includes: strategic finance, organic growth strategies, value delivery, data analysis, project management, organizational effectiveness (utilizing Lean principles and Salesforce.com CRM), Legal, IT and product distribution.

Bannockburn, Illinois, Us

Led strategic, financial direction of Stericycle's largest business unit, managing 7 direct reports and overseeing responsibility for 32+ employees. P&L responsibilities included managing budgeting, forecasting, strategic planning and executive / board reporting. Collaborated with M&A and executive team to absorb over 50 acquisitions, identify strategic opportunities, evaluate new ventures and perform due diligence on target companies. Consistently performed ad-hoc analysis and scoping activities in supporting new product / service capabilities and additional revenue-producing initiatives with high ROI focus. Maintained vital role in managing sales team’s internal controls, including quotas, goals, rules of engagement, contracting, empowerment rules, compensation and assistance on large national customer contract negotiations and renewals. Additional teams managed: finance, legal, contract admin., product distribution and national customer service.

Bannockburn, Illinois, Us

Managed 15 banking relationships totaling 100+ global bank accounts while maintaining responsibility for daily cash management and vital decision-making. Created policies and procedures for various treasury functions and assisted Internal Audit in department formation and controls. Formulated hedging strategies to mitigate risk and achieve favorable accounting. Presented with CFO at board meetings, bank meetings and rating agencies. Managed corporate debt portfolio consisting of domestic and international bank loans (including $850 million revolving credit facility), local lines of credit and acquisition notes. Assisted in due diligence, close and integration of 20+ domestic and international acquisitions including managing all letters of credit / guarantees and bank trusts. Created global cash forecasting model for liquidity management and reporting purposes. Developed share repurchase model for CEO and CFO and co-managed share repurchase program.

Ba, Economics

Mba, Finance With Distinction

Master Of Science (Ms), Accounting With Highest Distinction

High School Diploma, General