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Michael T

Accomplished Businessman and Relationship Builder

Occupation:

Treasurer

Location:

Garden City, NY

Education Level:

Master

Will Relocate:

No

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Experienced executive with a broad range of experience; results driven; effective communicator; change agent with strong personal characteristics.

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COMPANY POSITION HELD DATES WORKED

(Confidential) (Confidential) 2/1975 - Present
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SCHOOL MAJOR YEAR DEGREE

Adelphi University Finance 1985 Master Degree
St. Francis College Accounting 1981 Bachelor Degree
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Highlights:

• Successfully re-financed debt portfolio which has reduced the Company’s debt to capitalization ratio from 67% to 50% and reduced interest expense by $75 million. • Negotiated a new $1.5 billion credit facility while reducing fees by 12%. • Established a corporate insurance captive program which has led to a reduction in insurance premiums of 20%. • Established an enterprise wide risk management program which has provided the Company with effective governance throughout the organization. • Led two merger integration efforts and identified over $1 billion in synergy savings. • Led team which recommended and implemented a new Shared Services model that improved service levels and provided greater efficiencies. • Selected member in corporate effort to develop strategic plan for Company in preparation for a deregulated environment. Developed market plan for formation of a new unregulated Marketing company. • Led a team responsible for reorganization of Customer/Marketing organization. Planned and executed reengineering of sales process, including elimination of unprofitable subsidiary. KEY ACCOMPLISHMENTS continued • Increased net margins by $9.0 million in one year through market segmentation. • Key team player on corporate-wide business process review. Developed pilot which resulted in over $17 million of operating and capital savings per year. • Designed unprecedented legislation that has allowed Company to recover over $225 million of operating and capital outlays for water/sewer related construction.

Companies I like:

General Electric, Royal Bank of Scotland, IBM, Disney, Macquarie

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CollapseResponsibilities

Led due diligence team that resulted in sale of company. Successfully re-financed debt portfolio which resulted in $75 million per year in savings.
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