Patrick Gainer Email & Phone Number

Pernix Group, Inc. is a global company with its headquarters in Lombard, Illinois. The company has full-scale construction and management capabilities, with operations in the United States, Africa, the Middle East, and the South Pacific. The Company is engaged in three primary markets: Federal Government, Commercial & Industrial, and Power. Additional information is available at www.pernixgroup.comRecruited to Pernix to help develop and execute organic and inorganic growth strategies. Responsibilities include finance, controls, audit, tax, treasury, accounting, systems, external reporting, investor relations and legal. Partner with the CEO and work with and present to the Board of Directors.

Algonquin, Il, Us

Recruited to drive a conversion from public to private operation and scale capabilities for growth. Responsibilities include finance, controls, audit, tax, treasury, accounting, systems, and operations. Partner with the CEO, work with and present to the Board of Directors and private equity investors. Key accomplishments include: Led transformation activities including conversion from a public to a private equity structure, resolving one-time accounting and tax issues related to the transaction, completing the business valuation for the opening balance sheet, and eliminating public company costs.Participated in the software and vendor selection for a company-wide ERP; led the finance design and implementation; and an active sponsor and steering committee member for ERP staffing, configuration and implementation decisions. Established governance process, FPA organization and first time plan process; led the change to an accountability culture; instituted BOD reporting and meeting process.Drove operational and margin improvement initiatives including shutting down and consolidating an Ireland manufacturing facility into existing operation (4% margin improvement), developing project plan to close and consolidate a corporate office and distribution operation ($500k), and preparing an SGA cost reduction plan ($2.5 million).

Recruited to DRIFIRE to stabilize operations, profitability and prepare company for sale. Responsibilities include finance, controls, audit, tax, treasury, accounting, systems, operations, and supply chain. Partner with the CEO, work with and present to the Board of Directors and private equity investors. Key accomplishments include: Led restructuring and profit improvement initiatives including facility and business consolidations. Improved financial results from a $14 million EBITDA loss to a $2.3 EBITDA income. Developed and executed new strategies and business models for each business segment which resulted in significant sales growth and margin improvement. Grew sales by 100% and improved margin by 5%. Developed new financing strategy and negotiated and executed bank agreement. Increased bank line and available collateral to fund growth.Prepared the company for a sale process and worked with the investment bankers to complete MOI. Participated in the management presentations.

Patrick led Heartland Industrials Inc., a private equity and strategic advisory firm. In this role, he reviewed over 50 deals in technology, manufacturing and satellite telecom industries, attended related management presentations, completed the valuation, investment summary, due diligence, capital acquisition and funding strategy (senior, term, mezzanine, equity capital,) purchase and transition service agreements.

CFO and Chief of Staff for a $1.7 billion global automotive electronics business with four major global divisions. Held full executive oversight and strategic steering control for financial and statutory requirements across accounting, business planning, tax, treasury, internal controls, SOX compliance, IT, cash and working capital management, strategy and M&A. Partnered with CEO, general counsel and executive leadership team.Proved governance across sales, marketing, distribution, engineering, product development, supply chain and manufacturing with operations in Europe, Asia and Latin America. Orchestrated development of improved metrics, reporting and forecasting to maximize profitability, cash flow and asset utilization; led development of growth plans.Created and launched new manufacturing/engineering and expansion strategy in China yielding four point profit growth, two point engineering cost savings and $150 million in new business.Restructured 80 member global finance organization to drive international growth, achieve Sarbanes-Oxley compliance and improve metrics, while producing a 15% cost reduction.Launched new bid, quote and portfolio management processes; increased contract wins by $2.3 billion in three years while improving profitability and ROI on engineering/capital spending.Led global restructuring in response to industry decline and loss of two key accounts. Improved financial results from $7 million loss in Q1 ‘05 to operating income of $45 million in Q1 ‘06.Member of senior executive team selected to manage sale of Motorola Automotive to Continental AG for$1 billion. Led analysis and valuation, participated in auction, validated asset sale agreement, secured regulatory approval and completed closing.

Integrated Electronics Systems Sector: $3 billion holding company comprised of four independent businesses (auto electronics, telematics, computing solutions, portable energy)CFO and Chief of Staff responsibilities.Executive control and management of sector accounting and financial operations, as well as creating business plans and metrics, serving as board member for joint ventures and developing M&A and divestiture strategies and transactions. Board Member, Shanghai China (automotive) and Motif (IP partner) joint ventures.Developed and launched new global metrics, reporting, standards and processes across four sectors improving balance sheet, working capital and cash flow: reduced inventory by $110 million with 10+ turns; increased A/P days by 15 and developed alternative capital strategies yielding a $150 million capital spend reduction and 25% reduction in break-even sales.Orchestrated product rationalization and engineering productivity improvement program for each division yielding five point year over year margin improvement.

Bachelor Of Business Administration (B.B.A.), Accounting

Master Of Business Administration (M.B.A.), Finance And International Business