Management Sales

Michael J. Kennedy, MBA, CPA Web Portfolio:

http://www.webprofile.info/mkennedy/

M: 973-***-**** ? T: 973-***-****

* ****** *** ? Rockaway, NJ 07866

Email: *********@*****.***

Senior Financial Executive

Record of success leading domestic and international finance teams for

global multi-billion dollar companies generating millions of dollars to the

bottom line. Depth of experience in treasury management, equity raising,

debt restructuring/negotiation, capital management, financial analysis, and

cost control. Implemented Activity- Based Costing in Europe that delivered

$40 million in process improvements within two years. Skilled at recruiting

and developing finance organizations from diverse cultures. Expert at

resolving multiple, complex issues in sales, operations, finance, legal,

and HR. Financial strategist who achieves exceptional business results

through expertise in:

( Capital ( Cross-Functional

Management Leadership

( Financial Systems ( Financial Management

( International ( Leadership

Business

( P&L ( Strategic Planning

Accountability

Executive Performance

Digital Cinema Implementation Partners, LLC, Mahwah, NJ 2009-2010

Theater owner-joint venture for purchase and leaseback of digital

projection systems for movie theaters.

VP Finance and Treasurer

Recruited by startup digital projection equipment leasing company to

build five-member finance team, initiate $600+ million debt offering,

install Great Plains accounting/reporting system, and establish cash

management program.

. $660 million in capital created including $445 million credit

agreement with nine-bank consortium, $135 million of private equity

funding, $80 million of equity funding, and reporting, compliance, and

day-to-day cash management procedures to implement package.

. Designed, implemented and integrated Great Plains financial system to

provide reporting capabilities, AP, AR, GL, and fixed asset support

for startup processing of $8 million of new assets weekly.

. Established policies, procedures and controls for new financial and

operations system between HQ in New Jersey, operation team in

Colorado, and IT team in Minnesota.

. Developed and rolled out a planning and budgeting process, targets,

and controls to ensure tracking of theatre rollouts and financial

compliance with strict credit and equity agreements.

. Recruited, trained, and lead five-member finance and accounting

department that processes $8 million of digital equipment purchases

per week, related accounting entries, and state tax filings.

Cynergy Data, LLC, New York, NY 2008-2009

$13 billion credit-card processing service serving more than 120,000

merchants.

Chief Financial Officer

Managed all financial and controller functions including financial

planning, capital raising, debt management, treasury, and supported

strategic direction.

. Restructured $130 million credit agreement with four-bank consortium,

increasing available credit limit $30 million and supported

negotiations with private equity firm to provide $75 million of

capital.

. Created product profitability and cash management process that

identified and led to the sell-off of $20 million of unprofitable

sales.

. Reorganized 14-member finance group, improving processes and upgrading

people skills through targeted turnover and new hires.

. Engaged executive management by developing management-reporting

process linking financial results with business drivers.

. Reduced operating expense $1.5 million (18%) through renegotiation of

vendor contracts for audit, insurance, travel management, and 401k

management.

Michael J. Kennedy, MBA, CPA Page 2 of 3

Marakon Consulting, New York, NY 2006-2008

Global advisor and management consulting firm providing strategic

consulting to Fortune 500 companies.

CFO and COO

Managed international financial and regulatory functions, opened new

office in Zurich, reorganized UK offices, and established targets in UK,

Zurich, Singapore, and Tokyo.

. Lowered operating costs $15 million through staff reductions, real

estate closings, and other operating expense reductions.

. Completed acquisition of risk management and investment advisory

company, managed people integration, cost synergies of $12 million,

and related SEC, NASD, and other statutory filings.

. Directed company through 14-month revitalization after 50% defection

of partners following acquisition of new company.

. Increased available credit $8 million renegotiating $20 million credit

agreement and covenants.

MasterCard Worldwide, Brussels, Belgium 2003-2006

Provides transaction processing and related services to customers,

principally in support of their credit, deposit access, electronic cash,

and ATM payment card programs.

CFO-Europe & Global Advisors

Provided leadership for $700 million European region covering 23

countries with 60+-member finance team managing all finance functions,

M&A, pricing, cost control, management information, and IPO support.

. Doubled consulting division's revenues, establishing it as a company

core asset and competitive advantage for attracting bank credit card

portfolios by providing financial and operational consulting to banks

in the US, Europe, Asia, Latin America, and Japan.

. Reversed unsatisfactory audit by implementing internal controls and

establishing SOX compliance in preparation for IPO.

. Completed complicated negotiations with European bank owners to ensure

fair treatment for agreeing to exchange European ownership in parent

company in IPO.

. Played key role gaining Europe BOD approval for IPO and implementing

Europe portion of IPO strategy including cross-functional alignment of

goals, targets, and achievements.

. Empowered finance team to take the lead helping the business partners

understand how to be successful post IPO by creating leadership

development program to transition team from supporting an association

process to supporting analyst-driven, quarterly-results ownership;

picked up by Global Human Resources for worldwide rollout.

. Originated and implemented behavior-based leadership attributes for

60+ finance professionals to support division growth and changeover in

post-IPO management of finances.

American Express, Miami, FL 2001-2003

Financial Services Company providing charge and credit card products and

travel-related services worldwide.

CFO-Latin America

Directed financial planning, investments, controllership, tax, and

treasury functions for Latin America leading 40-member financial team

serving Miami, Mexico, Argentina, and Brazil.

. Prevented $100 million investment loss during 2001 - 2002 Argentinean

financial crisis through rapid balance sheet management and foreign

exchange transactions.

. Cut finance costs 40% by outsourcing transaction processing to

centralized service center in India.

. Implemented balance sheet hedge strategy for lending operations in

Argentina and Brazil during 40%+ currency devaluation that saved the

capital investment in both countries.

John Hancock Financial Services, Boston, MA 1999-2001

Financial Services company providing investment and life insurance

products.

International CFO

Provided financial and treasury management services and planning for

subsidiaries in Singapore, Malaysia, Philippines, Thailand, Indonesia,

and China. Created insurance company in Shanghai, China.

. Reduced costs 36% by initiating unit cost reduction program in

Southeast Asia subsidiaries and joint ventures.

Michael J. Kennedy, MBA, CPA Page 3 of 3

International CFO (continued)

. Guided development effort of JV startup life insurance company in

Shanghai, China that generated $100 million in first-year sales.

. Motivated international division through parent company's conversion

from Mutual company to SEC registrant and supported Company's IPO road

shows in preparation of stock issuance.

American Express, London, Frankfurt, New York 1987-1999

Financial Services Company providing charge and credit card products and

travel-related services worldwide.

European Operations CFO (1995-1999) / Southern European Regional CFO

(1993-1995)

Director and Manager positions in Financial Reporting and Planning (1987-

1993)

Directed 3,000+ employee organization at central-site European Operating

Center and Finance Group service center representing $300 million cost

base and oversight of back-office processing, call centers, and risk

management services across 10 European countries.

. $7 million (60%) in annual costs eliminated after directing

centralization of financial transaction processing from across

Southern Europe to central site in the UK.

. Led more than 50 finance professionals across UK, Germany,

Switzerland, Austria, and Greece generating $300 million in annual

revenue and $1.3 billion in assets.

. Delivered $40 million in process improvements within two years and

created $25 million in-sourcing business by implementing first large-

scale European Activity Based Costing process across Europe.

. $100 million sales increase realized following integration of German

market travel acquisition.

Additional Career Positions

Assistant Controller, Mickelberry Corporation, New York, NY

Financial Product Line Manager, W.R. Grace Corporation, New York, NY

Senior Auditor, Ernst & Young, New York, NY

Education / Professional Development / Certification / Affiliations

M.B.A., Finance, Fordham University, New York, NY

B.B.A., Accounting, Pace University, New York, NY

Harvard Business School Executive Education Program, Boston, MA

Certified Public Accountant, New York State Society of CPAs/AICPA

Financial Executives International, Member

Financial Executives Networking Group, Member

American Institute of CPAs (AICPA), Member

New York State Society of CPAs, Member

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