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Human Resources Financial

Location:
Texas
Posted:
April 17, 2015

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Resume:

DENIS J. MANGINELLI, CPA

**** ******* ****** ****

Sugar Land, TX 77479

609-***-**** aco8x1@r.postjobfree.com

C-LEVEL FINANCIAL EXECUTIVE

Extensive experience in financial and business strategy and financial goal

setting and monitoring within the Pharmaceutical and commodity sectors,

including manufacturing and services businesses. Accountable to Board of

Directors, public shareholders and Private Equity owners. Excellent

leadership skills with extensive experience and expertise in M&A

activities.

PROFESSIONAL EXPERIENCE

PHARMACO VENTURES, LP, Stafford, TX 2014 - 2015

Chief Financial Officer

Responsible for financial, banking, legal, human resources, facilities and

administration activities of a $15M+ provider of patient-specific specialty

pharmacy services in the pain management, weight loss and lifestyle space.

. Partnered with other senior management team members to expand product

offerings and re-focus business strategy.

. Lead cost reduction efforts to reorganize the company and reduce payroll

by over 50%.

. Negotiated payment schedules to pay outstanding trade debt liabilities.

. Monitored cash flow on a weekly basis to maintain day-to-day operations

during challenging period.

. Moved company from cash basis accounting to GAAP accrual basis including

revamping COGS accounting process.

. Served as primary touch point for the company's key partners.

CORELAB PARTNERS, INC. (formerly RadPharm, Inc.), Princeton, NJ 2007 -

2013

Chief Financial Officer

Responsible for all financial, banking, legal, contracts, human resources,

facilities, pricing and administrative activities of a PE owned $65M+

provider of imaging core lab and comprehensive cardiac safety and efficacy

services for Phases I-IV global clinical trials.

. Set up infrastructure to support business growth and diversification,

which led to a company award as 3rd fasting growing company in central

New Jersey and resulted in a merger with Cardiac Safety Services Company.

. Reorganized business to reduce operating expenses by $11M over a 2 year

period as part of a business integration and cost reduction initiative.

. Directed M&A activities, including negotiations, deal structure, synergy

identification, due diligence and integration for 2 successful business

transactions.

. Managed expense growth below rate of revenue growth leading to CAGR on

EBITDA of 20% over a 5-year period and 12% over a 2-year period.

. Improved financial credibility with no significant audit adjustments in 5

years and closing process reduced from 20 days to 10 days.

. Facilitated Series B ($10M) and Series C ($10.7M) equity financing.

. Finalist for New Jersey Technology Counsel (NJTC) "CFO of the Year" award

(2008).

DENIS J. MANGINELLI, CPA

Page 2

OMNICARE CLINICAL RESEARCH, INC., King of Prussia, PA 2005 - 2007

Vice President of Finance, Human Resources & Chief Financial Officer

Responsible for all financial activities of a $200M+ Contract Research

Organization (CRO) operating in 30 countries. Subsidiary of Omnicare, Inc.,

a $6B company and the nation's leading provider of pharmacy services to

long-term care facilities.

. Reorganized business globally, reduced resources and stabilized gross

margins during period of revenue decline. Margins increased by 1% while

revenue decreased by 7%.

. Negotiated new vendor agreements for key suppliers, with savings of

$0.5M.

. Reduced SG&A expenses over 10% to maintain profit margin during period of

revenue decline.

. Implemented new revenue/invoicing system to automate manual processes and

prepare business for future growth. Reduced resources, saved $0.5M and

reduced invoicing time by 3 days.

Additional Relevant Experience:

AVENTIS PHARMACEUTICALS, INC., Bridgewater, NJ

2000 - 2005

Director Finance - Administration

HOECHST MARION ROUSSEL, INC., Kansas City, MO 1995 -

2000

Director Business Services

HOECHST CELANESE LIFE SCIENCES GROUP, Somerville, NJ 1993 - 1995

Director of Group Finance

HOECHST CELANESE CHEMICAL GROUP - CLEAR LAKE PLANT, Houston, TX

Plant Controller 1991 - 1993

HOECHST CELANESE CORPORATION, Somerville, NJ 1990 - 1991

Director of Financial Planning

HOECHST CELANESE RESEARCH DIVISION, Summit, NJ 1987 - 1990

Research Site Controller

CELANESE SPECIALTY OPERATIONS, Chatham, NJ 1984 - 1987

Manager of Financial Analysis

CELANESE CORPORATION, New York, NY 1980 - 1984

Supervisor of Financial Reporting

ERNST & YOUNG, New York, NY 1977 - 1980

Audit Supervisor

EDUCATION

M.B.A. Finance, St. John's University, Jamaica, NY - 1984

B.S. Accounting, Long Island University - C.W. Post Center, Greenvale, NY -

1977

CERTIFICATIONS

Certified Public Accountant - New York and Pennsylvania



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