Chief Financial Officer – HOME LINE FURNITURE / PHOENIX FURNITURE INDUSTRIES LLC 2011 to 201260-year-old multi-generational family businesses and start-up venture specializing in residential furniture wholesale/retail distribution Recruited by 2nd generation ownership as the first CFO for Home Line Furniture, a business in severe financial distress. When bank forced liquidation less than 60 days into tenure, collaborated with an owner on the start-up of Phoenix, a scaled-down, low-cost business, which would leverage inherent sales, marketing and product know-how.Business Restructuring & Exit • Developed a business restructuring plan for Home Line Furniture and worked with former owners to secure additional capital infusion, as well as with lenders on concessions and workout of existing credit facilities.• Collaborated with bank appointed workout team on inventory valuations and other financial activities to liquidate $11M in Home Line Furniture assets and exit facilities in Chicago and Philadelphia.New Venture Start-Up• Formulated the strategic point of view, prepared income statements, balance sheet and cash flow projections, and designed a 3-year business plan to launch a new business.• Created an offering memorandum and led capital raising efforts. Secured $2.25M in private investment to fund business start-up and first year of operations. • Designed and implemented a cutting edge cloud-based SAGE 300 ERP solution, implemented sophisticated financial and performance management systems and developed detailed financials by location and cost center.

* 200+ year old UK-HQ’d company designing and producing high quality pottery/stone tableware/cookware * Appointed by the European parent company as the top financial and operational executive with oversight for a $10M+, 15-employee US sales and distribution business with $6M operating budget. Leveraged business, industry, market and management acumen to identify and resolve long-standing issues adversely impacting profitability and performance. Report to the President.Business Transformation & Profitability Improvement:* Established credibility among US and UK executive leadership and influenced strategic direction and go-forward actions, which shifted a business in decline to a trajectory for financial stability. • Immediately improved the integrity, accuracy and timeliness of financial information and business reports, and expanded dashboards to include detailed analytics and tools on sales, profit, cash flow and other key performance metrics.• Instituted in-depth weekly and monthly business reviews, enabling a small business to effectively operate in a climate of limited capital, constrained cash flow and ongoing economic/market downturn.Team Building & Organizational Change Management:* Empowered and motivated employees, created a high-performance work environment and team culture resulting in higher quality, productivity, collaboration and results delivery.• Reviewed human resources policies and programs and implemented new healthcare policy, which mitigated rising costs without degrading employee benefits.* Evaluated every major expense item and implemented new controls, which reduced operating expenses as much as 15% without degrading quality or service.• Leveraged import/export and global supply chain management experience to revamp sourcing, warehousing and logistics. Changed vendors and restructured contracts from fixed fee to variable cost structures based on sales volume.

$30M US distributor of high-end consumer products for UK manufacturer under Royal Worcester, Spode and Caithness brandsRecruited to introduce fiscal discipline and integrity into the US financial group. Built strong strategic planning, finance, accounting, reporting, audit, tax, treasury, credit/collections IT and administrative functions. Assessed restructuring options, monetizing asset and facilitating complicated multi-jurisdictional wind-down when UK parent company filed for receivership. Member of a 3-person executive team reporting to US President and UK Group Finance Director (CFO). Business Restructuring & Profitability Improvement• Introduced financial leadership and effected prudent decisions and strategic actions in financially distressed environment.• Decreased overhead costs 5% through process improvements and IT systems that improved the integrity and timeliness of forecasts, budgets, P&Ls, cash flow, management dashboards and corporate/parent company reports.• Focused the business and financial team on better inventory and accounts receivable management. • Analyzed profit margins by product and customer. Creating tracking and reporting systems to gain a better control over management of 2K+ SKUS and 1K+ accounts. • Partnered with PriceWaterhouseCoopers during corporate restructuring/shutdown to monetize assets through inventory sale and A/R collections, which maximize proceeds for secure lenders.Operational Leadership & Financial Controls:• Successfully traversed global economic downturn and nuances of a changing global marketplace to shift the business form costly European imports to Asia direct sourcing, and a cost-effective US warehousing organization.• Improved banking relationships, sourced $20M asset-based line of credit and executed multiple refinancing in a tough market climate to improve liquidity and maintain cash flow and funding for continued operations and sales.

$150M publicly traded consumer goods manufacturer, wholesaler and eTailer formed through merger of Ryka-KPR Sports Int’l Lead Finance Executive during rapid growth, reorgani¬zation, M&A and evolution to eBusiness model. Facilitated “reverse merger” and business integration. Designed/implemented financial systems, processes and technologies for newly formed entity and enhanced financial and market performance. Managed 20 employees and $30M operating budget.Profitable Growth, Operational Restructuring & Internal Controls: • Built revenues of 2 key product lines and wholesale business from $50M to $135M+ and turned $5M annual loss to $6M profits within 3 years.• Supported early expansion into dotcom market by negotiating strategic partner¬ships with high-profile online retailers including the Sports Authority and Athlete’s Foot. • Recruited a top-flight management team, and integrated 2 product lines and the wholesale distribution groups into a cohesive corporate structure. Relocated Boston operations to HQ in Pennsylvania following merger. • Implemented financial controls and upgraded financial analysis, tracking and reporting systems to improve the timeliness and accuracy of critical information to support continued business expansion and profitability.M&A, Financing & Investor Relations• Identified, structured and negotiated private-public financings, goods acquisition/resale transactions and offering memoranda for the sale of the wholesale and reseller business operations for a significant return.• Acquired hard goods manufac¬turer/wholesaler for $10M, gaining additional $30M in incremental revenues from complementary product lines.• Overcame previous default relationships and fostered positive negotiations with 2 major banks. Expeditiously financed a $20M asset-based revolving credit line.

Privately held consumer goods corporation; former subsidiary of Reebok InternationalPartnered finance with operations to achieve performance objectives during period of rapid growth ($20M to $50M), major market decline, sale to private owner and relocation/“restart”. • Built the financial organization, hiring new talent in finance, credit, collections, customer service and IT. Drove forward a common vision and instilled strict accountability for performance and profitable growth.• Provided strong financial guidance and business reviews with Reebok CEO and new owners. Managed internal/external relationships during due diligence, contract structuring and negotiations during business sale.• Negotiated a $600K purchase price reduction on over-valuation of inventory assets. Identified buyer and negotiated profitable sale of obsolete inventory for $2M within 90 days.