MICHAEL J. CARROLL
Raleigh, North Carolina 27615
email: *********@***.***
SUMMARY
Broad-based finance executive and CPA, with extensive background in
accounting and control, shareholder and SEC reporting, annual and strategic
planning, operations management, marketing support and business development
activities, in both domestic and international business environments.
Exceptional interpersonal and communication skills with a proven success
record of managing and developing people.
EXPERIENCE
Senior Level Consultant, Raleigh, NC
April 2005 - Present
Providing senior level financial consulting services to public and
private companies.
. General accounting and reporting
. Operational restructuring, business redesign and acquisition
evaluation
. Strategic and organizational planning
Ag Warehouse & Packing (L&M Companies), Raleigh, NC April 2003
- March 2005
Vice President, Finance and Business Development
Managed the accounting and finance function of this fresh produce
warehousing and packaging division of L&M Companies. Provided oversight
in developing new business for the division, targeting both organic
business growth and outside acquisitions.
. Defined, organized and staffed the general accounting and reporting
department
. Provided financial discipline and developed general accounting
operating procedures
. Developed and implemented a strategic business plan for the division
Financial Consulting, Raleigh, NC
Aug 2001 - March 2003
Provided general accounting/reporting, strategic and annual planning,
investment analysis,
organizational redesign and operational management services.
Diosynth Biotechnology, Research Triangle Park, NC March 2001 -
July 2001
Interim Vice President Finance & CFO
Served as interim Chief Financial Officer for this biotechnology
contract manufacturing company ($110 million sales), while the company
was being sold.
. Provided full financial and management leadership during the company's
sale
. Coordinated the final audit and sale of the business to new owners
(Akzo Nobel)
Teleflex Medical Group, Research Triangle Park, NC 1997 - 2001
Group Vice President & Chief Financial Officer
Full oversight responsibility for the financial affairs of 8 independent
medical instrument and service businesses ($425 million sales), having
both domestic and international manufacturing and distribution
operations. Key executive in directing the management, operations and
strategic direction of these businesses.
. Principal participant in structuring and negotiating a key
acquisition
. Developed and implemented a worldwide transfer price system for
medical products
. Managed the installation of an integrated ERP software package (QAD's
Mfg Pro)
Revlon Consumer Products Company, New York City, NY 1993 - 1997
Vice President & Chief Financial Officer 1995 - 1997
Prestige Fragrance & Cosmetics Company (Revlon subsidiary), Holmdel, NJ
Complete finance and MIS responsibility for nationwide 200 store ($80
million sales) retail fragrance and cosmetics business, including
accounting and control, cash management, annual budgeting, strategic
planning and management information services.
. Directed the successful and on-time conversion to new Oracle G/L and
A/P systems
. Managed first outside audit of company records and reverse
acquisition/IPO
Vice President, Accounting Services 1993 - 1995
Revlon North America, Oxford, NC
Managed the accounting shared services function, providing full range of
accounting services to all North American businesses and subsidiaries
($1.2 billion sales), including general accounting, consolidation and
reporting, accounts payable, payroll, and manufacturing plant
operational accounting services. Managed a staff of 79.
. Managed the site installation of MicroControl consolidation and
reporting system
. Re-engineered general accounting function, improving productivity with
fewer staff
. Coordinated and focused outside audit process, reducing audit fees by
30%
The Pillsbury Company, Minneapolis, MN 1978 - 1992
Director, Export Development 1990 - 1992
Alpo Petfoods, Inc. (Pillsbury subsidiary), Allentown, PA
Line management responsibility for the development, expansion and
management of this international export division ($25 million sales).
Identified and executed new market opportunities, developed strategic
plans and managed broker/dealer relations.
. Expanded distribution into several new countries and tripled pre-tax
earnings first year
. Doubled volume in Japan, resulting in 8-fold increase in earnings
contribution
The Pillsbury Company (continued)
Controller, International Group 1987 - 1990
Headquarter group financial responsibility for operations in Europe,
Canada, Latin America, Asia/Pacific and Export (over 90 legal entities
with sales of nearly $1 billion), including accounting, reporting and
consolidation, annual and strategic planning, and M&A support.
. Led the International Group to four consecutive years of record earnings
and growth
. Coordinated the restructuring of a $30 million asparagus business in
Spain
. Evaluated and assisted in several acquisitions and divestitures
Director, Finance, Control and Planning - Europe, Canada & Export
1984 - 1987
Responsible for coordinating all financial matters affecting these
businesses, including corporate accounting, reporting, audit, tax and
treasury functions. Developed annual and strategic plans for new
products, line extensions and geographic expansions.
. Initiated a new worldwide transfer price for Green Giant vegetables
. Developed optimal product-sourcing models from plants in the US,
Canada and Europe
. Key participant in design, negotiation and operation of a joint
venture in France
Director, Financial Reporting 1978 - 1984
Directed the corporate worldwide financial consolidation ($5 billion
sales), internal reporting to executive management, external shareholder
financial statements and all financial statements filed with the SEC,
including numerous registration statements filed in conjunction with
acquisitions, debt offerings and secondary stock transactions.
Dayton Hudson Corporation, Senior Accountant Minneapolis, MN 1976 - 1978
Touche Ross & Company, Senior Auditor Minneapolis, MN 1972 - 1976
EDUCATION & PROFESSIONAL CREDENTIALS
BA, Accounting and BA, Business Administration, University of Minnesota,
Duluth, 1972
Certified Public Accountant, State of Minnesota.