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Supply Chain Human Resources

Location:
Saint Louis, Missouri, 63122, United States
Posted:
March 09, 2011

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Michael A. Pruss

*** *. *****

abhri2@r.postjobfree.com Glendale, MO 63122

Mobile: 314.***.****

CAREER SUMMARY

Energetic, hands-on senior executive focused on creating value. Proven

leadership skills and diverse experience in finance, operations, mergers &

acquisitions, at both public and private equity owned companies.

Successful in partnering with CEOs, board members and management teams in

developing strategy and driving initiatives.

QUALIFICATIONS

A forward-thinking, flexible individual with demonstrated ability to

quickly grasp complex situations, win the confidence of others and resolve

problems. Expertise in the following areas:

Debt and equity financing, including Acquisition analysis, diligence, and

restructuring negotiation

Cost reduction and process improvement Investor relations and analyst

communications

SEC reporting, compliance, and governance Merger integration and facility

consolidation

IT and HR management Legal and risk management

ERP systems design and implementation Strategic planning, financial budgets,

and forecasts

Make vs. Buy analysis and facility Supplier negotiation and supply chain

rationalization improvement

PROFESSIONAL EXPERIENCE AND ACHIEVEMENTS

JACKSON SAFETY / KIMBERLY-CLARK CORP, St. Louis, MO 2004 - 2010

A $140M international manufacturer and distributor of safety products owned

by three private equity firms until it was acquired by Kimberly-Clark in

April 2009.

Finance Director (Kimberly-Clark)

Successful execution of post-acquisition integration of Jackson Safety led

to a project management role working with Kimberly-Clark's $6B

international business and Boston Consulting Group.

Senior VP, Chief Financial Officer and Secretary (Jackson Safety)

Led all financial, IT, human resources, legal, risk and administrative

functions during turnaround of the company from bankruptcy in 2004, to

growth and a successful sale in 2009. Managed relationships with lenders,

auditors, and advisors in a thinly-staffed, high-leveraged environment.

. Collaborated with the CEO and board of directors in creating a

comprehensive strategic plan.

. Increased equity value over 50% and improved both gross and EBITDA

margins by approximately 400 basis points by creating metrics,

implementing processes, and driving initiatives to improve performance

and reduce costs.

. Improved EBITDA per employee by 40% by consolidating manufacturing and

distribution facilities reducing locations from 14 to four. Prepared and

presented analysis to facilitate decisions to acquire, divest or combine

business units and facilities.

. Led a successful multi-location ERP system (SAP) implementation that

replaced five legacy systems. Actively engaged in all aspects of the

project, including system configuration and process development.

. Conducted diligence, negotiated, and integrated four acquisitions in core

growth areas and successfully negotiated the divestment of four non-core

businesses.

. Achieved gross margin and service improvement by opening an Asia-based

sourcing office and contributing to supply chain initiatives that

increased contract manufacturing in China and Taiwan.

. Demonstrated leadership skills that the board recognized with the

appointment as interim CEO for a five-month period.

. Played key role in successful liquidation event by serving as primary

contact for investment bankers, lenders, lawyers, and potential buyers

when Jackson was ultimately sold during an extremely difficult economic

period.

. Negotiated numerous debt and equity financing agreements, including a

$200 million pre-packaged debt restructuring that resulted in the

shortest bankruptcy of 2004, two senior syndicated loan facilities,

subordinated debt, preferred stock, and several refinancing amendments.

Michael A. Pruss Page

Two

JEFFERSON WELLS INTERNATIONAL, St. Louis, MO 2002 - 2003

A professional services firm providing a range of financial, accounting,

and internal audit services.

Director, Financial Services

Led the development of the local office's finance and accounting practice

and managed engagements.

. Quickly gained confidence of stakeholders and brought stability to high

pressure engagements. For example, served as the interim CFO of Jackson

Products immediately prior to its bankruptcy and served as the Finance

Director for the City of East St. Louis during a budget crisis.

WORLDPAGES, INC., Dallas, TX 1998 - 2001

A $120M publicly traded telecommunications, yellow pages and online

directory company.

Executive VP, Chief Financial Officer and Secretary

Managed day-to-day operations and served as the primary contact for the

board of directors, investment bankers, lenders and investors until the

Company was sold to a strategic buyer at a 30% premium.

. Served as key change agent both internally and externally during the

company's change in strategic direction from a telecommunications

provider to a provider of print Yellow Pages and on-line directories.

. Negotiated and performed due diligence for various transactions related

to the company's repositioning, including acquiring an internet business

and a complementary yellow pages businesses, as well as divesting a

telecom business.

. Reduced the monthly closing process from twelve days to four by leading

the selection and implementation of a financial reporting system for nine

separate telecommunications operating companies.

. Successfully obtained financings including a bridge facility, senior

credit, and subordinated debt financings.

FALCON PRODUCTS, INC., St. Louis, MO 1996 - 1998

A $200M publicly traded commercial furniture manufacturer.

Corporate Controller

Responsible for SEC reporting, planning, cost accounting, federal and local

taxes, investor materials, acquisition integration and other financial

analysis for a multi-plant and multi-division international manufacturer

with four domestic facilities, two in Mexico, one in China and one in the

Czech Republic.

ARGOSY GAMING COMPANY, Kansas City, MO 1993 - 1996

A $500M publicly traded riverboat casino operator.

Division Controller

Directly responsible for all internal controls, gaming rules and

regulations for a start-up in a highly regulated and audited environment.

Supervised staff of over 100 including all accounting, cashier operations,

and count room personnel while serving as the primary liaison with the

gaming commission for all operating and compliance issues.

Arthur Andersen & Company, St. Louis, MO 1987 - 1993

Audit Senior

Supervised financial statement audits of public and private companies in a

variety of industries, including telecommunications, manufacturing, and

hospitality.

EDUCATION

B.S. Accounting, University of Illinois, Champaign-Urbana

Certified Public Accountant



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