Howard Wardlow
Stratford, CT 06614
********@*****.***
FINANCE PROFESSIONAL
Finance professional with broad experience in corporate finance and
treasury operations in industrial, financial services and retail arenas.
Successful project manager with proven ability to drive change and improve
corporate processes. An expert contributor adept at analyzing, developing
and implementing treasury solutions in line with corporate and regulatory
requirements. Skillful at building trusted relationships both internally
and externally, particularly with key banking partners and the rating
agencies.
EXPERTISE
. Cash & Credit Management
. Financial Forecasting & Reporting
. Capital Markets & Structure
. Excel, Word, PowerPoint, Outlook
. Project Management
. Financial Modeling
. Bank Relations
. Policy & Compliance
PROFESSIONAL EXPERIENCE
HUBBELL INCORPORATED, Shelton, CT 2002-Present
Director of Finance and Treasury (Executive Level) 2011-Present
Managed implementation of FX strategy and software (Fireapps) to
reduce impact of foreign exchange volatility on P&L by 50% or $1
million annually.
Manage $200 million Share Repurchase Program resulting in savings
to VWAP of 3 cents a share.
Manage cash flow forecasting and analysis of credit and working
capital metrics.
Successfully managed Banking RFP resulting in annual bank fee
savings of $500k per year for a fixed 3 year period.
Treasury lead on working capital related projects with A/R, A/P and
Sourcing groups.
Project lead for implementation of Citibank Supplier Financing
Program.
Continue to perform duties and responsibilities from prior position
in addition to special projects listed above.
Director of Cash Mgt. and Treasury 2009 - 2011
Successfully performed as Project Manager working with R.D. Scinto
to construct new Corporate and Divisional headquarters building to
specifications of the Executive steering committee. Successfully
consolidated 3 buildings and 300+ people into new building.
Project was on budget and move was successful without any negative
impact to operating business or employees.
Managed tender and redemption of $200 million outstanding bonds due
to mature in May 2012. Tendered $82 million Redeemed $118 million
at below budgeted premium.
Debt Issuance - led $300 million debt issuance in 2010 issuing 12
year debt at 3.625%
Debt issuance - lead $300 million debt issuance in 2008 issuing 10
year debt at 5.95%.
CP Program - led conversion from 3a3 to 4(2) and increase from $350
to $500 million as well as active management of program.
Managed development of $500 million backup credit revolver.
Interest Swap - Lead on fixed to floating interest rate swap that
to saved company $2+ million in interest expense and during unwind
resulted in $3.8 million gain.
Manage daily cash position through supervision of Cash and Sr.
financial analysts.
Manage S/T and L/T investment portfolios.
Manage all banking and rating agency relationships.
Developed cash forecast methodology and daily cash report for Sr.
Management.
Develop, manage and present financial model and presentation for
annual rating agency visits.
Treasury lead during all acquisitions.
Assist Treasurer with oversight and management of $600 million of
DB plan investments.
Monitor and review 3rd party investment manager for $50 million
municipal bond portfolio for offshore captive insurance subsidiary.
Responsible for Pension, Investment & Debt and Interest Expense
footnotes for 10K. Responsible for Pension Expense and Investment
footnotes for the 10Q.
Treasury lead for all Sarbanes-Oxley Compliance.
Director of Cash and Benefits 2007-2009
Manage $75 million benefits budget, open enrollment, plan design
and program implementation.
Responsible for development and implementation of Wellness program
including health screenings across the corporation.
Responsible for supervision and development of 3 staff members,
(Director of Benefits, Manager of Benefits, Administrative
Assistant - Benefits).
Continue to perform all duties of Cash Manager's position.
Cash Manager 2002-2007
Manage the global daily cash position including:
Manage the short term cash investment program.
Manage the company's domestic commercial paper program including
$250 million multi-year backup revolving credit facility.
Manage all banking relationships for domestic and international
cash management and credit facilities.
Manage corporation's stock repurchase program.
Responsible for creation and presentation of annual rating agency
review by Moody's, Standard & Poor's and Fitch.
Responsible for Pension, Investment and S/T and L/T Debt footnotes
for 10K.
PITNEY BOWES INC., Stamford, CT 1997-2002
Sr. Treasury Analyst - Cash Management & Capital Markets 2000-2002
Manage the global daily cash position including:
Manage the short term cash investment program.
Manage the company's domestic commercial paper program including
$250 million multi-year backup revolving credit facility.
Special projects as required.
Supervisor Corporate Accounting 1998-2000
Supervise monthly, quarterly and year end close
Supervise Intercompany accounting.
Manage and develop staff consisting of a Senior and two Staff
Accountants.
Hyperion Enterprise and GEAC G/L adminstrator
Sr. Tax Accountant 1997-
1998
Process working papers and returns for Leveraged Lease entities
as well as PBCC Federal and State Tax returns.
WARNACO INC., Bridgeport, CT
Sr. Tax Accountant 1995-
1997
EXECUTONE INC., Milford, CT
Sr. Tax Accountant 1994-
1995
WALDENBOOKS INC., Stamford, CT
Sr. Income Tax Accountant 1992-
1994
Sales Tax Accountant 1991-
1992
Property Tax Accountant 1990-
1991
FORTUNE BRANDS INC., Greenwich, CT
Treasury Analyst - Cash Management
1988-1990
BURNDY CORPORATION, Norwalk, CT
Financial Trainee - Internal Audit
1987-1988
EDUCATION AND PROFESSIONAL DEVELOPMENT
MBA
Sacred Heart University, John F. Welch College of Business
BS, Finance
Fairfield University, Charles F. Dolan School of Business
Certified Treasury Professional
AFP Certification
Awards and Recognition
2008 - Selected as member of Hubbell Leadership Forum for High
Potential Employees.
2007 - Awarded first ever Hubbell Blueprint Award for
Outstanding Demonstration of Hubbell Leadership Traits.
PROFESSIONAL AFFILIATIONS
Member, AFP - Association of Financial Professionals