Mike Lovett

Mike Lovett Email and Phone Number

Corp VP Finance - retired or on a break, time will tell @ Juniper Networks
Sunnyvale
Mike Lovett's Location
Sparks, Nevada, United States, United States
Mike Lovett's Contact Details

Mike Lovett personal email

Mike Lovett phone numbers

About Mike Lovett

➢ Creative and operational VP of Finance & Operations with accomplished track record of supporting WW Sales for publicly held technology companies. Responsible for strategy, pricing, financial planning and efficiencies on an International basis and has been located in many countries including USA, UK, Sweden, and Germany. Currently a US resident and Corp VP for a Networking company serving Cloud and Telcos with a headcount of 4,000 generating ~$5B in revenue. ➢ Previously responsible for a $1.6B software division & 5,000 engineers, role based in Menlo Park. Subsequently moved to a new role aimed at establishing joint ventures worldwide from inception to completion. ➢ Financial lead on M&A integrations valued at combined total of ~$500M. ➢ Negotiated multimillion-dollar customer engagements that involved creative pricing models, partner agreements, and alliances. Implemented companywide systems and tools that enhanced cross-functional collaboration and enabled timely decisions.➢ Hired, mentored, and developed high performing teams of up to ~135 that supported global sales and drove revenue growth. Created a positive, open environment that encouraged risk taking and the generation of new and innovative ideas. • International Expansion • Pricing strategy• Margin optimization• Contract Negotiations• Executive Presentations• Revenue growth• Efficient resource allocation• M&A• Strong fiduciary leadership• Creative problem solver

Mike Lovett's Current Company Details
Juniper Networks

Juniper Networks

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Corp VP Finance - retired or on a break, time will tell
Sunnyvale
Website:
juniper.net
Employees:
5
Mike Lovett Work Experience Details
  • Career Break
    Retirement
    Career Break Aug 2022 - Present
    Retired or on a break, time will tell
  • Juniper Networks
    Corp Vp Finance, Ww Sales & Service
    Juniper Networks Mar 2014 - Present
    Sunnyvale, Ca, Us
    • Partnered with the head of worldwide sales, services, and marketing on strategic deals up to $400M; optimized sales structure & maximized productivity to generate $5B in product, SW and service revenue• Supervised a global team of ~280 finance and sales support specialists; ensured compliance with local regulations while driving revenue growth and margin expansion • Designed and implemented sales and services strategic planning process; targeted efficiency gains and focused investments that aim to increase productivity year over year.• Established pricing strategies as well as developed the deal approval process to ensure optimal revenue and margin growth; improved turnaround time for review and control of ~100,000 quotes a year• Organized global team to support complex deal proposals and bids; utilized innovative pricing models which included PAYG, Financing/leasing, rental, ELA and consumption based offerings• Enhanced the installed based planning process; minimized lead times and ensured supply from manufacturing matched customer demand• Integrated acquired companies into Juniper; rolled out new worldwide channel based model that increased overall sales collaboration • Revised the Channel/Partner programs and incentives; reduced back end rebates and MDF by 35% • Collaborated with Legal on all FCPA issues, contracts, and negations; included key alliance partnerships with IBM, NEC, and Di Data• Formulated financial analytics required to drive the business to ensure informed decisions companywide; included resource allocation, productivity, discount analytics, FX, service attach, and PS utilization • Partnered with Corporate Controller on new accounting guidance (606 changes), SOX controls, and revenue recognition; accountable for quarterly revenue achievement of ~$1.25B • Enhanced the commission policy and quota setting process for 2,400 commission based employees; allowed targeted growth and motived team
  • Juniper Networks
    Vp Finance, Emea Finance & Operations
    Juniper Networks Jun 2009 - Mar 2014
    Sunnyvale, Ca, Us
    • Led the EMEA Finance and Operations 45-member team which was comprised of product, software, and services; achieved $1.3B business• Collaborated with SVP of Sales and built trusting relationships with EMEA management team; created a strong cross functional business alliance which enabled 21% in revenue growth • Dealt with the external activists in 2014; streamlined the management of the EMEA operation• Managed downturn periods; took strong action to align resources with revenue• Transformed the forecasting process and initiated Sales Force Dot Com analytics reporting tools; provided greater insight into pipeline and potential revenue • Raised funds to develop a Sales Support model that removed administrative duties from the sales team; increased productivity and efficiency • Negotiated several large direct engagement contracts with tier 1 Service Providers; customers included DT and Vodafone with a major win at DT valued at >$100M• Drove the SAP implementation for EMEA; completed multiyear project without impact to the business • Indirectly responsible for the Shared Services team based in Dublin; oversaw financial/statutory reporting, cash and collections, AP, payroll, and order management
  • Sun Microsystems
    Finance Director, Joint Ventures
    Sun Microsystems Jul 2007 - Jun 2009
    Palo Alto, Ca, Us
    Key member of a six-person cross-functional team of experts that initiated and established join ventures.• Identification and validation of the target country/region in Asia, Africa, M East, and Latin America• Rigorous partner selection process • Development of comprehensive joint venture agreement • Negotiation with selected partner(s) • Identification of tax issues and resolution • Calculation of required equity and working capital • Performance review and execution to plan
  • Sun Microsystems
    Finance Director, Software
    Sun Microsystems Jul 2005 - Jun 2007
    Palo Alto, Ca, Us
    Responsible for Sun's Software division of ~5,000 engineers; 45% worked outside of the US.• Developed strong working relationship with the EVP of Software • Reviewed investments decisions and pricing scenarios• Spend budget >$700M and overall Software related revenue of $1.6B • Led Sun's 2005 acquisition of SeeBeyond that was purchased for ~$400M with a 750 headcount; held overall financial responsibility for the successful integration
  • Sun Microsystems
    Finance Director, Central & Northern Europe
    Sun Microsystems Jul 2003 - Jun 2005
    Palo Alto, Ca, Us
  • Sun Microsystems
    Finance Director, Sun Services
    Sun Microsystems Jan 1998 - Jun 2003
    Palo Alto, Ca, Us

Mike Lovett Skills

Acquisition Integration Mergers Shared Services Finance Strategic Financial Planning Financial Reporting Outsourcing Executive Management Change Management Business Strategy Revenue Recognition Sarbanes Oxley Act Program Management Go To Market Strategy Integration Budgets Analysis Business Alliances Budgeting Erp Mergers And Acquisitions Strategy Cross Functional Team Leadership Management Consulting Management Process Improvement Accounting Business Analysis Business Planning Leadership Contract Negotiation Quota Setting Sales Operations Customer Relationship Management Prm

Mike Lovett Education Details

  • University Of Liverpool (Poly)
    University Of Liverpool (Poly)
    Ba Honours In Accounting & Finance

Frequently Asked Questions about Mike Lovett

What company does Mike Lovett work for?

Mike Lovett works for Juniper Networks

What is Mike Lovett's role at the current company?

Mike Lovett's current role is Corp VP Finance - retired or on a break, time will tell.

What is Mike Lovett's email address?

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What is Mike Lovett's direct phone number?

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What schools did Mike Lovett attend?

Mike Lovett attended University Of Liverpool (Poly).

What skills is Mike Lovett known for?

Mike Lovett has skills like Acquisition Integration, Mergers, Shared Services, Finance, Strategic Financial Planning, Financial Reporting, Outsourcing, Executive Management, Change Management, Business Strategy, Revenue Recognition, Sarbanes Oxley Act.

Who are Mike Lovett's colleagues?

Mike Lovett's colleagues are Divya S., Kiran Kumar, Marasamy Nachimuthu, Pramod Kurian, Omar Rama Pratista, Todd A. Labate, Marco Bakker.

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