Manager Six Sigma

Fred Krumbhaar

**** ******* *** *******, ** *****

720-***-**** *************@*****.***

EXPERIENCE

VAIL RESORTS, INC. 2007 - Present

Director, Financial Planning & Analysis

Lead all corporate level financial planning and analysis for Vail Resorts,

Inc.

Major responsibilities include: Annual budgeting; monthly forecasting;

quarterly Board material presentations and financial analysis.

Accomplishments:

. Leadership: Organize and lead 22 analysts across Vail's three business

segments in all facets of budgeting, forecasting and analysis. Results:

Consistently high quality and accurate financial information used by the

Executive Management team.

. FP&A Process Design: Rebuilt core FP&A processes and reporting after

Vail moved its corporate office from Avon to Broomfield in late 2006.

. Forecasting & Analysis: Lead monthly forecasting and related analysis.

Identified and tracked cost reductions that allowed Vail to favorably

mitigate unfavorable economic conditions in 2008 and 2009.

. Systems and Software: Led major implementations including PeopleSoft

Daily forecasting, Hyperion Strategic Finance and improvements to the

existing PeopleSoft nVision software. Enhanced system capability,

allowing Vail to manage daily labor expenses, with changes in daily

revenue, more effectively.

. Capital Budgeting: Redesigned capital submission process that resulted

in lowered overall spend and over 90% of CY'10 projects delivering

results above the target hurdle rate.

VERISIGN INC. 2004 -

2007

Program Manager, Business Operations

Directed business operations, strategic planning and reporting for

VeriSign's $400M Information Services (VIS) business unit. Led a team of

three that was responsible for quarterly operations reviews, annual

budgeting and annual strategic planning.

. Strategy: Led a team that overhauled the VIS strategic plan. We

broadened VIS's current business portfolio and established two new areas

of growth.

. Finance Operations & Process: Developed standard pricing guidelines and

a discount policy for new products added through VIS business expansion.

. M&A: Conducted the analysis and valuation for several potential

acquisition targets and eventual acquisition of an IT Consulting Services

Company. Upon acquisition, assisted with the company's integration into

VeriSign.

. Presentations / Public Speaking: Directed internal and external

operational and financial communications for VIS including: Analyst Day

presentations, Board of Directors presentations and all internal

divisional meetings.

. Systems & Software: Managed plan to centralize VIS's critical financial

and operational data (including the .com and .net registry). Won

approval for a $1M data warehouse solution and managed the project's

implementation.

Fred Krumbhaar 2 of 3

LEVEL (3) COMMUNICATIONS INC. 2001 -

2004

Manager, Product Finance - Voice Services

Led all business analysis, reporting and strategic reviews for Level (3)'s

$125M Voice-over-IP (VoIP) business.

. Financial Analysis: Served as the finance lead on a Voice product

reorganization that resulted in a 44% Gross Margin improvement and

increased Contribution Margin from ($20M) negative to $3M positive over a

12-month period.

. Innovation: Researched and developed business models for six new VoIP

products and capabilities that were approved and funded for development

in 2004.

. Systems & Software: Designed an automated tool to measure daily

profitability. The tool contributed to a 10% Gross Margin improvement in

the span of one month. Also developed a bill auditing tool in

conjunction with the Information Services group that enabled Level (3) to

recover $200K of missed charges.

RHYTHMS NETCONNECTIONS, INC. 1999 - 2001

Quality Master Black Belt, Finance

Managed a team of four Black Belts to implement business process

improvements across all parts of the Finance organization.

. Implemented improvements that generated in excess of $4M in cash benefits

to the company.

. Improved risk management and collections processes that decreased "Days

sales outstanding" from 95 to 65 days.

. Directed team that mapped the entire customer billing process from

customer install to cash receipt, in the span of one week.

. Designed and managed a financial benefit reporting system that tracked

the incremental financial impact of Six Sigma projects company-wide.

. Led financial tollgate review that prioritized Quality projects based on

optimal returns to the Company.

Senior Financial Analyst, Financial Planning & Analysis

Managed internal financial reporting, business analysis and process

improvement.

. Developed 1st annual budget ($950 million) and company-wide, monthly,

internal financial reporting process.

. Built business models and pricing analyses for new products.

. Directed financial review of pricing proposals to WorldCom and AT&T.

. Designed and implemented cost-saving processes for HR, Sales and Finance.

. Consulted with all business units on pricing, business proposals,

budgeting and forecasting.

FRIEDMAN, BILLINGS, RAMSEY & CO. 1998

Equity Research, Technology (MBA Internship)

Conducted valuations, comparative analysis and built initial business

models for publicly traded companies in the telecommunications industry.

Fred Krumbhaar 3 of 3

EDUCATION

GEORGETOWN UNIVERSITY, Washington, DC

Master of Business Administration Awarded 1999- Finance/Strategy

University of Denver, Denver, CO

B.S.B.A. Awarded 1993 - International Business

Business Interests, Skills and Training

Business: Serve as business advisor to Calleva Outdoors, a non-profit

outdoor adventure organization located outside of

Washington, D.C.

Six Sigma: Completed Six Sigma DMAIC and DMADV training in October, 2000

Applications: Competent using Peoplesoft nVision, Hyperion, Oracle

Discoverer, Minitab, Crystal Ball, Microsoft Access & Excel

Personal Interests / Community

Interests: Ironman triathlete (Boulder 2001) and avid kayaker

Community: Currently the Cubmaster for Cub Scout Pack 171 in Boulder,

CO

Raised $3,366 for the Whitman Walker AIDS clinic in

Washington, D.C. as a runner in the 2002 Marine Corps

Marathon

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