STEPHEN R. LEY, CPA
** ***** ******** *****, ********** Ohio 45066
937-***-****, *.***@*********.***
EXECUTIVE SUMMARY
Senior executive with extensive experience in operational and financial leadership. Primary
experience in manufacturing and construction industries. Expertise includes growing and
restructuring mature businesses, international operations and both corporate and business unit
leadership. Key strengths are accountability for results, comprehensive financial skills, strong
organizational abilities, a positive attitude and a persistent approach to achieve results. Nine
years of Big 4 experience.
PROFESSIONAL EXPERIENCE
CONSULTANT AND BOARD MEMBER 2011 - Present
Mechanical Contractor, Cincinnati, Ohio
ADAMS ROBINSON, Privately Held, $60M in revenue, Dayton, Ohio 2006 - Dec 2012
General Contractor focused on water and wastewater treatment plants.
General Manager
Joined organization to improve financial results and transition to second-generation
leadership from founder and current President.
o Made changes in management, policies and processes.
o Substantial improvement in profitability
ROBBINS & MYERS, Dayton, OH 1996 - 2006
NYSE – listed business (“RBN”) with sales of $400M. Purchased Pfaudler and
Chemineer in 1994.
CHEMINEER, Robbins & Myers subsidiary, Dayton, OH 2000 - 2006
Manufactures industrial mixing equipment with sales of $50M worldwide; headquartered in
Dayton; facilities in OH, MA, UK and Canada; sales offices in Mexico, China and
Singapore. Number three in worldwide market share.
President
Led organization worldwide with full P&L accountability. Charged to turnaround business.
• Stopped the 50% orders decline.
• Kept the business profitable through quick actions to reduce costs.
• Introduced Lean principles to reduce costs, inventories, and shorten production
cycle times.
• Grew the business 50%.
• Sales improvements included new sales leadership, changes to sales channel and
sales organization, new sales strategies, new promotional material and one new
product line.
o Changed sales culture from passive to aggressive through performance
measurements, setting targets and holding people accountable for results.
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STEPHEN R. LEY
• Worked on three efforts to sell the business to competitors.
o Maintained organization’s focus on improved performance during this period.
• Instilled financial disciplines to get proper budgets, forecasts and actual results.
CORPORATE OFFICE, Dayton, Ohio 1996 - 2000
VP Finance and CFO (1997 - 2000)
Treasurer and Director of Budgeting and Financial Analysis (1996 - 1997)
• Guided business strategy that included several acquisitions as a member of the
Senior Leadership Team.
• Reviewed and evaluated business units to improve performance.
• Set financing strategy and drove needed actions for a highly leveraged business.
• Financed $110M acquisition with private bond placement.
• Communicated to investors including banks, investment bankers, bondholders,
stockholders and outside financial analysts.
• Created new financial reporting process to get faster budgets, forecasts and actual
results.
EAGLE INDUSTRIES, Chicago, IL 1986 - 1996
LBO started in 1987. Grew to $1.5B by 1989 with 25 businesses including Chemineer
and Pfaudler.
PFAUDLER, Eagle Industries subsidiary, Rochester, NY 1990 - 1996
Manufactures industrial glass-lined steel equipment. Sales grew from $110M to $200M.
Market leader headquartered in Rochester, NY with facilities in the UK, Germany,
Brazil, Italy, India and Mexico.
VP Finance
Promoted from Eagle to lead Pfaudler financial function. Needed to restructure business
for profitable growth.
• Led teams that developed strategic plans for future growth. Actions included
acquisitions and cost reductions that led to substantial profit growth.
• Led separate cost reduction projects in US, UK, Germany, Mexico and Brazil.
• Restructured financial function to reduce costs and improve decision-making.
CORPORATE OFFICE, Chicago, IL 1986 - 1989
Director of Accounting
• Lead financial analysis on several acquisition teams.
• Prepared SEC filings and did Road Show for successful $300M bond offering.
ARTHUR ANDERSEN, Minneapolis, MN and Chicago, IL 1978 - 1986
Senior Audit Manager
Led audits of large publicly held and medium sized companies and organizations
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STEPHEN R. LEY
EDUCATION
• Harvard University, Boston, MA, Twelve-week PMD program, 1997
• University of Notre Dame, South Bend, IN, BS in Accounting, 1978, Summa Cum Laude
PROFESSIONAL DEVELOPMENT
• Manufacturing Alliance, Finance and General Manager Councils, 1990 - 2006
• Financial Executive Institute, 1990 to 1999
• United Way of Greater Dayton Board member 2004 - 2010
o Chair of the United Way of Greater Dayton, $12M 2004 Volunteer Campaign
o Campaign Cabinet Volunteer
• Leadership Courses
o Twelve-week Effective Personal Productivity, Fourteen-week Effective Motivational
Management