John Joy Email & Phone Number

Dublin , Ca, Us

Responsible for oversight of treasury and procurement organizations- Manage ~$40B in annual fund flows between our clients and work site employees.- Implemented new investment program resulting in $42M+($0.04 eps) in interest income since 2018.- Negotiated and executed debut issuance of $500M, 3.5% coupon high yield corporate bonds in conjunction with $500M revolving line of credit with investment grade covenant package.- Engage with rating agencies and banking partners to optimize capital structure and capital return programs.- Serve as committee chair responsible for managing corporate and client 401K retirement programs with assets exceeding $6.0B.- Accomplished technology and process improvements resulting in ~22% reduction in FTEs. o 2021 Adam Smith (Treasury Today) award recipient for Best New Treasury Technology Solution- Procurement initiatives delivered ~$19M of OPEX reduction during the last 18 months.- Instituted supplier diversity program

San Jose, Ca, Us

Responsible for all aspects of treasury operations- Deliver cash conversion cycle target for the company by partnering with cross functional team members.- Accomplished process improvements within WD subsidiaries to accurately forecast cash flow.- Implemented a robust FX hedging program with forecasting and reporting capabilities.

Responsible for all aspects of treasury operations- Executed a robust FX hedging program to reduce volatility to COGS resulting from JPY, THB, MYR and CNY.- Optimized working capital and $3.5B fixed-income investment portfolio.- Managed capital structure including issuance of $1.5B convertible debt; $6.2B capital return program; banking partnerships and rating agency relationships.- Implemented treasury management system to automate cash management, FX processing and cash flow forecasting.- Refined cash forecasting model enabling additional $200M to be invested in China and EMEA.- Lead other risk management initiatives including insurance and business continuity plans.

San Jose, Ca, Us

Responsible for all aspects of treasury operations- Guided negotiations to renew and amend mission-critical $400M ABS program.- Accomplished improvement in DSO by two days by negotiating and implementing a $100M AR factoring program.- Negotiated $50M settlement with three insurance carriers for business-interruption losses from flood in Thailand.- Collaborated with tax department to optimize working capital through intercompany loans between parent and subsidiaries.- Executed treasury department policies and procedures and implemented infrastructure to support contemplated Initial Public Offering.

Responsible for all aspects of treasury operations- Expanded capital market structure.- Transformed Defined Benefits Programs (DB) while working with local unions and executive leadership leading to a successful launch of 401K program in lieu of DB plans. - Strengthened company’s product portfolio by maintaining financial flexibility to fund acquisitions.- Redesigned investment strategies in partnership with Actuaries and Fund Managers.- Refinanced secured-debt and retired specific high-interest debt with older instruments.- Received one-notch upgrade from S&P and Moody’s through management of credit agency presentations and meetings.