Dennis L. Shogren, M BA, CPA 951-***-****
***** **** ***., ***** *******, CA 92313
******.*******@*****.***
Professional P rofile
Versatile, results-oriented professional, with twenty five plus years experience in executive, operations
and financial management. Diverse background and experience with verifiable strengths and skills in
operations, finance and marketing. Communications skills have been honed by multi-year contract
negotiations with labor unions and large public works construction contracts. Presentations to investor
and shareholder groups and working with multiple corporate boards have also allowed me to develop
effective communications skills. Key points regarding my experience from the past 10 years include:
• Organizations:
o Range of $60M to $600M in revenue
o Privately held family; privately held equity group; publicly listed (NASDAQ)
o Business mix includes services, manufacturing and construction related
• Responsibilities:
o President & CEO – Modtech Holdings, Inc.
Responsible for strategic direction and tactical operations for publicly t raded
construction and construction-services company.
Oversaw operations in four states at height of economy.
Served as director of company reporting to non-executive board chair.
Prior to becoming CEO, served for three years as C FO
Responsible for $85MM in financial restructuring required by past operations
Managed outside relationships
• Banking
• Auditing
• Consulting
• Regulatory
• SEC reporting / Wall Street interactions
o VP Operations – Haskel International
Responsible for manufacturing, engineering and support functions providing
h igh-pressure pump and valve products for worldwide sales
Focus on quality and customer service with returns reduced from 8% to less
t han 1%
On-time delivery improved from 88% to 99% in first nine months
Implemented lean manufacturing strategy across multiple factories
Prior to becoming VP Operations, served as Director of Finance
Responsible for corporate finance, tax, t reasury and outside auditor
relationship
o VP Controller – Ameron International Corporation
Monthly reporting including SEC filings
Managed the relationship with outside auditor, including transition to a new
auditor.
Led successful working capital reduction program that led to a 30% reduction
i n working capital needs.
Designated corporate “trouble shooter.” Focus on problem resolution while
assisting various groups and divisions with process upgrades and tactical
i mplementation.
Also had responsibility for human resources and information technology at the
g roup level while with Ameron.
• Education:
o William E. Simon Graduate School of Business Administration, Rochester, NY
MBA, Emphasis in Finance, Dean’s L ist, July 1984
o SUNY at Brockport, Brockport, NY
BS, Accounting, Summa Cum Laude, August 1982
Professional Experience (Timeline)
The Relaxing Company, Riverside, CA 9/09 –
C u r rent
Interim CEO / CFO during start-up phase. As one of three original investors of the company I am
assisting the start-up until the long-term management team is put in place. Transition to the new
team is underway.
Modtech Holdings, I nc., Per ris, CA (MO D T) ($230M M)
6/03 – 9/09
President, CEO and Director from 6 /06 – 9 /09;
• Responsible for setting strategic direction
• Responsible for overseeing tactical operations
• Reported to non-executive Board Chair
• Directed the continuing turnaround 2006 - 2007
• Managed all outside relationships including Banking, Consulting, Regulatory, Wall Street
• Led company through downsizing and close during 2008 / 2009
CFO from 6 /03 – 6 /06
• Joined company as first of planned executive / management change-out and restructuring
o Reported to non-executive Board Chair & President/CEO
• Supported and facilitated financial and operational turnaround 2004 – 2006
• Reduced monthly close from 20 days to 10 days in first four months
• Implemented full financial and operational reporting for senior management and BOD
• Implemented appropriate financial analysis to understand project costing to address profitability
concerns
• Implemented necessary controls for project approvals and cash management
• Managed all outside relationships including Auditing, Banking, Consulting, Regulatory, Wall
Street
• Managed company through loan covenant defaults; negotiated new debt instruments; raised
$84MM (four capital raises) in capital markets – both debt and equity
• Led implementation of Lean Manufacturing in four factories, including office / business processes
• Responsible for SEC quarterly and annual reporting; Responsible for supplemental filings (S-1 and
S-3)
• Directed company through Sarbanes / Oxley compliance
• Finance, Treasury, IT and Contracts direct report into CFO
H askel I n te rnational, Burbank, CA ($60M M)
7/01 – 5/03
VP Operations from 8/02 – 5/03; Director of Finance from 7/01 – 7/02
• Responsible for manufacturing, engineering and support functions for this high-pressure pump
and valve supplier
• Quality improvements reduced returns (for repairs) from 8% to less than 1%
• On-t ime delivery improved from 88% to 99% in nine months
• Implemented lean manufacturing strategy across multiple factories
• As Director of Finance was responsible for corporate finance, tax, t reasury and outside auditor
relationship
• Promoted to VP Operations as direct result of impact as Director of Finance
Ameron I n te rnational Corporation, Pasadena, CA (AMN) ($600M M)
5/97 – 2/01
VP Corporate Controller from 12 /98 – 2 /01; Group Controller from 5 /97 – 12 /98
• Managed accounting group responsible for monthly close, reporting and SEC filings for this
publically t raded construction materials supplier
• Acted as corporate “trouble shooter” for financing and operational discrepancies
• Led t ransition to new external auditor with no exceptions or restatement required
• Led effort that resulted in 30% reduction of worldwide working capital requirement
• Provided primary analytical support for group restructuring efforts
• Managed human resources and information technology at group level
Manufactu ring Technology, I nc., Fort Walton Beach F L
11/95 – 5/97
CFO from 11 /95 – 5 /97
• Managed all finance functions including treasury, r isk management and accounting during time
M TI was named the 130th fastest growing company in US and 9th fastest growing in FL
• Managed IT group during major system implementation / upgrade to Oracle software.
Dennis Shogren, Ent repreneur, Pensacola, F L
6/94 – 11/95
Self-employed general contractor
Corning I ncorporated, Various
6/86 – 6/94
Program Manager 1 /92 – 6 /94; various finance positions 6 /86 – 12 /92
• Managed innovation / new product development process for Optical Fiber Division
• Held various, progressive finance positions prior
Deloitte, Haskins and Sells, Rochester, NY
3/84 – 6/86
Staff accountant
References available upon request