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Manager Process Improvement

Location:
Alpharetta, GA, 30005
Posted:
February 21, 2014

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Resume:

Chris Arndt

CHIEF FINANCIAL OFFICER (CFO), VP FINANCE, Atlanta Metro Area

Cell: 770-***-****, e-mail: accr8y@r.postjobfree.com

Proven success driving strategic growth through revenue and profitability

enhancement while balancing operational responsibilities and the need for

strong controls. Open communicator applying a value-based approach to

assess business models, simplify complex issues, identify key drivers, and

lead transformative initiatives.

FINANCIAL/OPERATING PERFORMANCE & PROCESS IMPROVEMENT LEADERSHIP

Strategic Planning . Restructuring, Reengineering, and Reorganization .

Crisis Management . Mergers & Acquisitions

Equity Investing . Technology Enablement . Turnaround . Board and Investor

Relations

Versatile executive with an MBA in Finance and a powerful blend of

financial and operations expertise gained over 20+ years of executive

management complemented by top tier turnaround Big 4 consulting experience

spanning diverse industries including health care, information technology,

retail, and manufacturing. Equally adept at directing management of

financials, identifying and executing investment and product strategies,

driving/supporting growth through operational excellence, business

realignment, process improvement, turnaround and cost reduction

initiatives. Readily motivates teams, defines objectives, and drives

accountability at all levels. Routinely asks "What if?" and embraces

dynamic, changing business models - thinks like an investor; acts like an

owner.

Extremity Healthcare:

o Led restructuring of a $30M healthcare network as both full time CFO

and interim COO. Process included creation of industry leading

physician compensation structure, new technology and collections

infrastructure, new legal structure, change in tax filing status, and

a governance process to support growth. Efforts concluded with

successful $4.5M debt recapitalization which included the removal of

personal guarantees.

o Managed the outsourcing of IT and collections departments in order to

improve efficiency, which combined with other initiatives, reduced

corporate headcount by 29%.

Vertrue:

o Served as COO and CFO for two businesses of a holding company,

restructuring each for substantial cost, efficiency, revenue, and

customer retention improvement. Enhancing positioning of one for

potential sale or IPO.

o Automated and standardized lending process, moving from paper-

intensive processing to electronic, web-based portal that reduced

accounting department headcount by 8 (62%) and shipping costs by 60%

o Reduced loan risk and default exposure on a $94M loan portfolio

substantially with new underwriting guidelines.

ChoicePoint (LexisNexis):

o Transformed business incubator from "dream works" shop into multiple

sustainable businesses, assessing and distilling nine ventures to core

group of three companies that contribute $7M per year in profitable

revenue.

o Improved average revenue per billing customer by 17% with behavioral-

based and 'seat rate' pricing models supported by data cost tracking

templates to facilitate pricing decisions and data purchases

(eliminated $1M in unprofitable revenue streams). Managed

establishment of vertical sales groups, and assisted with conversion

to new data providers.

o Managed reorganization of public records division post data breach,

including architecting and overseeing development of behavioral

pricing models.

Scientific Atlanta (Cisco):

o Orchestrated M&A/equity investment strategies for $2B manufacturer of

broadband equipment. Invested more than $40M over two years in

multiple transactions. Investement portfolio drove accretive earnings

due to most favored nation pricing, mark to market adjustments and

gains from execution of zero cost performance warrants.

o Directed activities of a cross-functional team that created custom

bidding / proposal software that standardized product configurations

and program management costs, and eliminating costing / pricing

errors.

PROFESSIONAL EXPERIENCE

Transformational CFO, Atlanta, GA, Contract Consulting Services while in

Transition 2012 - Present

Interim CFO / COO (2013) for a $40M Interactive Science Entertainment

Organization, creating a multiyear strategic plan, raising $12M in

debt, reducing expenses by $220K, and implementing ACA compliant Self

Insured Benefits Plan.

Capital / Business planning consultant (2012-Present) for Hyperbaric

wound care and sports injury recovery network.

Extremity Healthcare, Inc., Atlanta, GA, Chief Financial Officer (CFO)

2010 - 2012

Reporting to the CEO and Board of Directors was tasked with the

strategic planning and operational reorganization of the company. The

new $30M Physician Network hosts a platform that can handle rapid

growth through acquisition, while also providing shared services to

entities outside of the original company.

Vertrue, Inc. (Holding Company, Private Equity Backed - One Equity

Partners) 2007 - 2009

Bargain Network, Inc., Santa Barbara, CA, Chief Operating Officer (COO)

& Chief Financial Officer (CFO)

Accepted interim role at request of Board of Directors to lead analysis

and restructuring of troubled privately held data aggregator offering

subscriptions to database of foreclosed homes and discounted

automobiles to consumers nationwide.

My Choice Medical Holdings, Inc., Alpharetta, Georgia, VP Finance &

Chief Financial Officer (CFO)

Reorganized a $70M physician practice management company providing lead

generation, marketing, and financing services to 170 plastic surgery

centers nationwide.

ChoicePoint, Inc. (LexisNexis), Alpharetta, GA

2001 -

2007

PUBLIC FILINGS GROUP, Financial Officer/AVP Finance

Restructured and optimized processes for the post data breach $115M

public records division of an $850M insurance and data analytics

company.

NURSERY OPERATIONS (In-house Incubator), Director of Finance

(Departmental CFO)

Selected by Chairman of the Board to assess incubator's 9 new

businesses, validate business models, validate pricing models, create

business cases, and prepare for absorption into established business

units.

CORPORATE, Director of Finance, Mergers and Acquisitions / FP&A

Reporting to CFO, worked with business unit leaders to manage

acquisitions and improve operations.

Scientific Atlanta (Cisco), Lawrenceville, GA

1997 -

2001

CORPORATE, Manager of Finance, Equity Investing, Mergers & Acquisitions

Managed investment analyses, equity investment negotiations, IPO

planning, FP&A prep work for analyst calls and earnings releases, and

quarterly industry/competitor/customer trend analyses for a $2B

manufacturer of broadband and satellite networks.

SATELLITE NETWORKS GROUP, Process Reengineering Director

Reporting to CFO of $100M division, won Top Process Improvement Award

for outstanding process improvement results.

Big 4 Consulting Experience (M&A, Crisis Management and Restructuring)

1993 - 1997

PriceWaterhouseCoopers, Atlanta, GA (Office Closed) - Led

turnaround (as acting CFO) of a distressed clothing manufacturer and

created acquisition funnel for one of the nation's largest shipping

companies.

The Lenox Group, Atlanta, GA (Office Closed) - Analyzed and

presented business investment opportunities to investment board for

startup private equity group.

Ernst & Young (Macquarie Group), New York, NY - Advanced from Staff, to

Senior, to Manager in two-year period, creating liquidation,

restructuring, merger, and bankruptcy emergence strategies for

challenged businesses.

Early employment prior to and during graduate school includes Strategic

Planning Manager at RepCo Marketing of Marietta, Georgia, and International

Letter of Credit Specialist for First Union National Bank (Wells Fargo) of

Charlotte, North Carolina.

EDUCATION / ORGANIZATIONS / CERTIFICATIONS

MBA Finance - International Emphasis, Georgia State University Robinson

School of Business, 1993

BA Political Science/ Minor Economics, University of North Carolina at

Charlotte, 1989 ~ Senior Thesis on Governmental Impact on Product Demand

nominated for publication ~

Financial Executives International? Board of Directors, Southeast

Region, 2009 - 2012 ? President, Atlanta Chapter 2008-09, 2013-2014 ?

Active Board Member, Atlanta Chapter 2002 - Present

American Management Association ? Certified Strategic Planner, 2000



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