Tom Waters Email & Phone Number

Harrisburg, Pennsylvania, United States

The CIO serves as a chief advisor to the Treasurer and is responsible for the direct management of approximately $40 billion in state assets and provides insight and analysis for Commonwealth investment assets under custody totaling $150 billion, including the state’s three largest pension funds.

Lancaster, Pennsylvania, United States

Directed treasury, investor relations, strategic financial planning, and analysis functions. Managed real estate group. Oversaw Financial Professional Development Program for new college hires and interns. • Executed 2018 Investor Day and reframed company investment thesis to Americas’-only growth story.• Completed $1 billion pension risk transfer to create improved funded status and reduced administration.• Led $1 billion refinancing and generated 25% reduction in interest expense and increased flexibility.• Enhanced financial framework to analyze strategic options and quantify future valuation.

Lancaster, Pennsylvania, United States

Provided independent financial, strategic, and communications advice to companies at an inflection point. Developed financial operations improvement and capital structure optimization plans. Created plans for small to mid-sized businesses to grow. Analyzed financial and operational risk of expansion.• Advised $10 million manufacturing company as it prepared for a sale process.• Provided insight for a medium-sized private company looking to partner with a large public company.• Provided investor relations consulting to a public company.

Lancaster, Pennsylvania Area

Facilitated relationships with investors, Wall Street analysts, lenders, investment bankers, and rating agencies. Managed 25 global staff in cash, debt, derivatives, insurance, real estate, and accounts receivable. Provided investment oversight to global retirement plans and the Armstrong Foundation. • Transformed balance sheet to create efficient capital structure with multiple debt financings over $5 billion total.• Returned over $1.5 billion to shareholders via special dividends and block share repurchase. • Executed over $3 billion of derivatives transactions to manage interest rate, FX, and commodity risk.• Revamped investor relations strategy, materials, and messaging. Doubled analyst coverage.• Led marketed secondary public offering of common stock and followed on block trades.

Lancaster, Pennsylvania Area

Led the global FP&A group for Armstrong’s largest division with sales of $1.8 billion. Improved and standardized analysis, forecasting, budgeting, and strategic processes, resulting in more actionable and comprehensive financial reporting package.Executed and integrated two U.S. acquisitions and one Chinese joint venture.

Uxbridge, England

Managed all aspects of finance and IT for a $400 million multinational division.Led staff of managers and analysts, providing financial leadership, statutory and tax reporting, Sarbanes-Oxley 404 documentation, testing and compliance, and developed annual operating and strategic plans for 11 legal entities.Integrated acquired $50 million Swiss metal-ceilings manufacturer, upgrading accounting processes to achieve five-day close (versus 15 days) and transition to SAP.

Lancaster, Pennsylvania Area

Developed and executed communication strategy for institutional investors and analysts. Supported communications effort leading into asbestos-related Chapter 11 filing.

Lancaster, Pennsylvania Area

Recruited as part of a team to transform finance function to support rapid growth, international expansion, major acquisitions, and leveraged balance sheet. Managed staff of analysts responsible for worldwide capital markets activities.

Dallas/Fort Worth Area

Managed $2 billion of hard and soft currency cash flows globally; Supervised local managers on banking, investment and cash management issues.

Dallas/Fort Worth Area

Developed operating and strategic plans for $750 million global division; provided financial support to sales, marketing, and operations departments. Analyzed and integrated multiple acquisitions.

New York, Ny And San Diego, Ca

Mba, Finance

Ba, Economics / History