Gregory Q. Schorr CPA
***** ********** ***** ( Fishers, IN 46037
abjsdl@r.postjobfree.com ( Home 317-***-**** ( Cell 317-***-****
Proven Executive whose core competencies include:
Strategic planning 74 Acquisitions Change management
Financial Analysis Succession Planning Lean manufacturing
Budgeting & Supply Chain management Turnarounds
Forecasting Private equity
International business transactions
Crescent Capital, Indianapolis, Indiana
Managing Director 2007 -Present
Firm focuses on assisting companies enhance operational and financial
performance and identifying superior investment opportunities. Clients
include three significant Midwestern private equity groups, International
niche manufacturer, National building products company, Canadian niche
consumer products manufacturer. Engagements include:
. Advising Private Equity Portfolio Company on North American go to
market strategy.
. Evaluating and structuring a joint venture with an international
industrial product manufacturer.
. Interim CFO for two private International consumer product
manufacturers.
. Due diligence and Private equity strategy for entrance into building
products industry
. Oversaw the turnaround of a middle market consumer products
manufacturer.
. Managed successful restructuring of a large regional home builder.
SBR Inc, Parkersburg, West Virginia.
A multinational $611 million diversified manufacturing company; divisions
included Simonton Windows, Fypon, Hy-Lite, Dixie-Pacific and Woodcraft
Supply.
Chief Operating Officer and Chief Financial Officer 1997 - 2006
. Hired as CFO of $127 million private manufacturing company, helped
grow it to $611 million in 9 years when it was sold for $640 million.
. Oversaw the entire supply chain, generating over $25 million in annual
cash savings.
. Served as a key leader in generating an average annual 20% compound
return on equity during tenure while maintaining a leverage
(Debt/EBITDA) ratio of less than 2 times.
. Built extensive Wall Street Investment Banking relationships.
. Worked closely with the CEO to develop and implement the strategic
plan. This included developing the Go To Market strategy as well as
the acquisition criteria designed to augment the organic growth plans
of the core business.
. Track record of profitably building businesses organically, through
domestic and international acquisitions and backward integration.
Responsible for identifying, negotiating, financing and integrating 8
acquisitions.
. Experience developing and implementing "Go to Market" strategies for
each division that built industry segment leading positions, including
new distribution channels such as inbound and outbound call centers.
. Managed relocation and expansion of Wholly-Owned Foreign Enterprise in
China and built an extensive Asian network of business partners.
. Responsible for complying with all international taxation, finance,
transfer pricing and employment laws in China.
. Experience directing management teams to record growth and
profitability while achieving corporate goals and objectives.
. Responsible for the management of all the information management
systems for all divisions, which included three 3 ERP implementations.
. Oversaw all International, Federal, State and Local tax strategies.
Reduced the consolidated effective tax rate to 32%.
. Managed credit relationship and acted as agent in a five bank $140
million "club deal". Directed all financial management functions
including development of monthly/quarterly financial statements,
financial forecasts, budgets and internal controls. Developed skilled
accounting and financial management teams to achieve established
objectives. Built and led teams to execute special projects.
. Started and managed a captive insurance company to provide greater
financial flexibility.
. Interacted with the Board of Directors and the bank syndicate
detailing the annual and quarterly financial performance and forecast,
including explanations of results thereon, and communicated long term
strategies.
. Selected the purchaser of our business, co-wrote the information
memorandum with the Chairman, and integrated the business into SBR's
Purchaser.
PNC Bank, Pittsburgh, PA 15222
Superregional Commercial Bank holding company
Vice President - Corporate Banking 1989 - 1997
. Relationship Manager - Responsible for the growth of PNC's middle
market corporate banking relationships, including identifying new
clients and cross selling all bank products to existing customers.
Industries served included polymers, manufacturing and service related
businesses.
. Member of the Corporate Finance Group, focusing on Mergers and
Acquisitions. Actively participated in more than 40 buy and sell side
engagements.
. Corporate Training - One of a two person team who designed and
implemented a Corporate Banking Training Program to develop the future
leaders of PNC Bank.
Deloitte & Touche, Pittsburgh, PA 15222
International Big Four Accounting and Consulting Firm
Senior Accountant - 1985 - 1989
. Member of the audit staff focusing on manufacturing, financial
institutions and pension plans.
Education CPA (1987)
Duquesne University - Pittsburgh, PA Commonwealth of
Pennsylvania
MBA, International Business (1992)
BSBA, Accounting & Finance (1985)
Affiliations
Young Presidents Organization
Board of Trustees - Indianapolis Zoo
Board of Trustees - The Children's Museum of Indianapolis