Stephen Sage Email & Phone Number

Louisville, Kentucky

Financial and administrative leadership responsible for facilities, retail thrift stores, human resources, information technology, cash planning, financial strategies, risk management, oversight of investment manager, policies and procedures, audits, tax, budgeting, financial analysis and reporting, federal grant management.Accomplishments include:• Upgraded legacy reporting and internal controls.• Rationalized banking relationship and cash management.• Oversee investments portfolio external management.

Seattle, Washington

Chief Financial Officer 2008 - 2012Marguerite Casey FoundationSeattle, Washington – www.caseygrants.org private grant making foundation with endowment of $600 millionFinancial leadership including cash management, planning, budgeting, cost control, financial strategies, risk management, oversight of investment managers, policies and procedures, financial analysis and reporting. Accomplishments include:• Implemented zero base budgeting process.• Directed expense reduction program due to reduced cash flow from 2008 recession.• Managed full IRS audit resulting in no findings nor changes by IRS.• Oversaw development of new IT and internet network infrastructure.

San Francisco, East Africa (Kenya, Tanzania)

KICKSTART INTERNATIONAL, INC.San Francisco, California – www.kickstart.org nonprofit social enterprise NGO in east Africa, 200 employees; $5,000,000 budgetFinancial leadership including global banking and cash management, budgets, USAID and donor grants costing and reporting, Human Resources, policies and procedures, audits, compliance and internal controls, MIS and communications. Directed 5 staff in Africa and San Francisco. Accomplishments include:• Upgraded reporting process for management and external constituencies.• Sourced management information system software for finance and marketing.• Managed merger with African nonprofit NGO.

Eastern Kentucky

BUCKHORN CHILDREN & FAMILY SERVICES Eastern Kentucky – www.buckhorn.org nonprofit child welfare agency with $18,000,000 annual budget and 350 employeesChief Financial Officer and Executive Vice President2004 - 2005 Financial leadership including accounting, finance, federal and state grant administration, service contracts, cash management, internal controls, strategic planning, risk management, budgets, audits, policies and procedures, facilities management and administration. Directed 12 staff. Accomplishments include:• Instituted enhanced reporting and monitoring processes.• Reorganized finance staff operations; re-established credibility of finance dept to Board and management after previous CFO dismissed for mismanagement.• Managed budget expenditures resulting in savings of $60,000.

Bangladesh

ICDDR,B: INTERNATIONAL CENTRE FOR DIARRHOEAL DISEASE RESEARCH, BANGLADESHDhaka, Bangladesh – www.icddrb.org international health research institute with 1,600 employees and $18 million annual budget(would require annual budget of $200 million if located in USA)Chief Finance Officer 2001 - 2002Financial leadership including planning, budgets, USAID other governments’ grant administration, management information systems, cost allocation, procurement, policies and procedures, global banking and cash management, audits, risk management, regulatory compliance, staff training and development. Directed 32 staff. Accomplishments include:• Developed unit based budgeting for revenue generating support activities.• Sourced management information system software for finance, operations and HR.• Managed budget expenditures resulting in administration savings of $100,000.• Realigned indirect cost calculation for USAID grants.• Managed A-133 audit resulting in no appreciable findings nor disqualifications.

Louisville, Kentucky

PRICEWEBER MARKETING COMMUNICATIONS, INC.employee owned advertising agency with $24 million annual revenue and 100 employeesChief Financial Officer and Treasurer1996 - 2001Finance and administration including accounting, procurement, human resources and information technology. Directed banking, Fortune 500 client contracts, cash management, planning, budgeting, tax, risk management, audits, cost containment, internal controls, HR policies. Served on Board of Directors. Directed 14 staff. Accomplishments include:• Managing operations while staff, revenue and profits grew 60% in 3 years.• Realigned cash management, line-of-credit and banking services.• Realized annual cost savings equal to 6% of pretax profit.• Implemented compliance controls for contract with largest volume client.• Directed redevelopment of IT communications infrastructure and data storage facility

Louisville, Kentucky

KENTUCKY LOTTERY CORPORATIONVice President of Finance and Controller 1990 – 1996Finance and accounting activities. Implemented and monitored adherence to internal control policies. Cash management. Oversaw information systems design. Audits, budgets, and financial reports. Presentations to government legislative committees. Directed 15 staff.Accomplishments include:• Reorganized finance department operations to eliminate $130,000 of overhead costs.• Reduced past due accounts receivable $200,000.• Developed budget and tracking reports.• Selected and implemented new accounting system.• Awarded Certificate of Achievement for Excellence in Financial Reporting.

Louisville, Kentucky

KENTUCKY FRIED CHICKEN CORPORATION – INTERNATIONAL DIVISIONDirector of Franchising 1986 - 1990Responsible for $500,000 cost center and coordination of franchise activities with regional staff at 8 foreign locations. Oversaw franchise development activity and corporate franchise strategic plan. Conducted negotiations, executed license contracts and monitored compliance. Responsible for franchise fees collection. M&A activities. Financial modeling. Monitored budgets of overseas units. Directed annual franchisee convention planning and events execution. Accomplishments include:• Developed $45,000,000 acquisition proposal for KFC market rights.• Acting Director of Finance for KFC Canada. Achieved $600,000 cost savings.• Implemented decentralized regional accounting systems for cost centers.• Designed and installed data base system for managing regional operations.• Negotiated new market development agreement with $100,000 first year revenue.

Louisville, Kentucky

KENTUCKY FRIED CHICKEN CORPORATION – INTERNATIONAL DIVISIONDirector of Capital Investment1984 - 1986Provided financial counsel on all international capital investment. Developed annual capital expenditure budget plan. Responsible for forecasting, analysis and evaluation of new unit development and acquisitions. Directed $70 million of capital expenditures and allocation of investment activity of 13 foreign locations. Acquisition modeling. Accomplishments include:• Developed successful proposal for $12 million joint venture; results exceeded ROI target.• Implemented post investment tracking and analysis system for capital expenditures.• Designed restaurant profitability/ROI model adopted by parent and sister companies.

Louisville, Kentucky

KENTUCKY FRIED CHICKEN CORPORATION – INTERNATIONAL DIVISION Manager of Financial Reporting1983 - 1984Responsible for consolidated financial statements and internal management reports. Managed inter-company accounts, billings and foreign currency conversion. Coordinated monthly reporting for operations at 18 foreign locations. Accomplishments include:• Streamlined reporting system by modifying systems design of management information flow.• Developed procedures for integrity of internal controls over inter-company accounts.