JAMES R. BRAUN
**** ******** *** #* ********* CA. 92057
*********@***.***
PROFESSIONAL EXPERIENCE
Bergensons Property Services, Inc. Chief Financial Officer
February 2009 to present
. Responsible for all financial, tax and cash management functions of a $90
million janitorial service Company with operations in the USA.
. Renegotiated $14 million senior and subordinated debt resulting in
substantial improvement is borrowing availability.
Charles & Colvard. Ltd. VP-Finance, Chief
Financial Officer,
June 2001 to September 2008 Treasurer and Secretary
. Responsible for all financial, tax, IT, investor relations, SEC, SOX
compliance, human resource and cash management functions of a public
(NASDAQ:CTHR) manufacturing company with operations in US and Hong Kong.
. Numerous investor presentations at both investor conferences and non-deal
road shows
Webcraft Inc. Executive Vice President
- Finance
November 1997 to August 2000 and Chief Financial Officer
1. Responsible for all financial, tax and cash management functions of a
$475 million manufacturing and data base Company specializing in direct
marketing with operations in the USA, England and France.
2. Negotiated acquisition and divestiture of several international and
domestic subsidiaries.
3. Initiated and managed a $6.5 million cost reduction program including
plant closing and administrative consolidations.
4. Ongoing responsibility for a $10 million conversion of Company's
computer systems to an SAP software environment.
Smith Technology, Inc. Vice President
and Treasurer
June 1997 to November 1997
5. Obtained three bank proposals to restructure this financially unstable
company's $30 million of bank debt. The Board of Directors decided to
liquidate the company.
JAMES R. BRAUN
Safeguard Business Systems, Inc. Executive Vice President Finance
February 1988 to June 1997 and Chief Financial Officer
6. Responsible for all financial, tax, I.T. and cash management functions
of a $210 million manufacturing and distribution company with operations
in the USA, Canada and England.
7. Completed I.T. computer conversion and complete system redesign from IBM
3081 Mainframe to IBM AS400 environment. A $5.5 million project.
8. Renegotiated $240 million senior and subordinated debt. Resulted in
reducing company debt by $100 million.
9. Negotiated acquisition and divestiture of several international and
domestic subsidiaries.
10. Initiated and managed cost reduction activities including: plant
closing, plant and administration consolidations and accounting system
computerization.
General Devices, Inc. Vice President
June 1984 to February 1988
11. Responsible for all financial, tax and cash management functions of a
$65 million publicly held diversified holding company.
12. Coordinated all activities of a successful sale of a subsidiary through
an initial public offering including: Underwriter negotiations,
registration statement preparation, and liaison with SEC and underwriter
counsel.
Touche Ross & Co. (Deloitte & Touche) Audit Manager
December 1975 to May 1984
13. Responsible for concurrently managing multiple audit engagements for
clients in manufacturing, agri-business, oil and gas, retail, apparel,
and health care.
14. Participated in a rotation program for a select group of managers
assigned to national office. Program involved consulting and advising
partners on sensitive and complex technical problems.
EDUCATION AND CERTIFICATION
Villanova University
Bachelor of Science - Accounting, 1975, Magna Cum Laude
Certified Public Accountant:
American Institute of Certified Public Accountants
Pennsylvania Institute of Certified Public Accountants