ANDY BERRY
andy.berry @cox.net Ladera Ranch, California
SENIOR FINANCE EXECUTIVE
Operationally focused senior finance executive whose passion is to
partner with operating teams to drive top-line revenue growth and bottom-
line financial margin improvements. Strong experiences in aligning
organizations to match market demand, exceed customer needs, and
eliminate non-value expenses.
Noteworthy Actions:
. Contributed financial expertise in the planning of new license
agreements that generated additional sources of profitable revenue.
. Managed multiple credit lines while maximizing operating cash flow.
. Improved bottom-line performance through identification and
implementation of efficiency actions and process improvements.
. Successfully negotiated the sale and divestiture of five different
companies; acquired one company.
TARYN ROSE INTERNATIONAL, INC. - Culver City, CA 2009 - Present
A privately held international designer, distributor, wholesaler, and
retailer of men's and woman's footwear
Chief Financial Officer - Worldwide
. Led due diligence process and eventual sale of company. Ensured
timely close of transaction, facilitated transfer of assets, and was
conduit of knowledge transfer to buyer.
. Designed and implemented operational restructuring plan. Lowered SG&A
expenses 35% through reductions in workforce, retail store closures,
and negotiated supplier cost reductions and savings.
. Managed daily/weekly cash flow projections. Increased collections 20%
while containing payables.
. Recognized as strategic partner with executive team, Board of
Directors, and private equity firm.
. Implemented orderly bankruptcy plan including liquidation of company
assets. Actions resulted in secured creditors receiving 80% return on
invested capital.
STRATEGIC FINANCIAL CONSULTING - Ladera Ranch, CA 2008
Entrepreneurial consulting firm that provided executive level advisory
services to small and large companies
. Identified profit improvement, cost reduction, and treasury management
actions including:
. Saleen Motor Sports - Supported business plan development and
raised $700,000 of capital to enable company to implement future
model product plans.
. The Warnaco Group Inc. (NYSE: WRC) - Supported successful
defense of litigation matters.
. Omatic Snowboards - Implemented long-term business plan while
raising $200,000 of capital.
STREET SURFING, LLC - Newport Beach, CA 2007 - 2008
A family-owned and controlled sporting goods company that distributes two-
wheeled skateboards
Chief Financial Officer - Worldwide
. Drove growth of almost 200% while moving the company to profitable
operations.
. Developed supplemental reports to the company's financial statements
that positioned the company for a liquidity event.
. Acted as critical liaison between employees, investor board, banks,
lawyers, and audit firm in all day-to-day operations, strategic
planning, financial and legal matters impacting the company.
The WARNACO GROUP INC. - Irvine, CA 2006 - 2007
Ocean Pacific Apparel Corporation (Op)
A worldwide licensor of swimwear/sportswear products and a subsidiary of
the Warnaco Group
Chief Financial Officer - Op Worldwide
. Proposed and executed two new licensees achieving 5% incremental and
profitable royalty income.
. Led financial due diligence team in support of company sale.
Transaction closed within 5 weeks from initial contact by acquiring
company.
. Led post closing transaction team and ensured seamless transition of
responsibilities and obligations to the Iconix Brand Group (the
acquiring company).
STRATEGIC FINANCIAL CONSULTING - San Clemente, CA
2002 - 2005
. Developed financial budgets; implemented cost reduction actions and
working capital improvements; assessed and implemented internal
control standards consistent with Sarbanes-Oxley (SOx).
. Clients included:
. Biolase Technology (Nasdaq: BLTI) - a $60 million manufacturer
of dental lasers.
. TRC Companies, Inc. (NYSE: TRR) - a $375 million engineering
services company.
. ICON-International, Inc. - a $500 million corporate barter/trade
company (Omnicom owned).
. Deloitte & Touche USA LLP - privately-held professional services
firm.
FORD MOTOR COMPANY
1985 - 2002
Pacific Bay Properties and Homes - Newport Beach, CA
Residential homebuilder and commercial real estate development subsidiary
of Ford Motor Company
Chief Financial Officer (2002)
. Directed due diligence efforts for $220 million of real estate
divestitures. Simultaneous transactions closed 3 months ahead of
schedule and 10% above target cash flow projections.
. Single point of contact for all business matters as Ford Motor Company
on-site executive. Focused on improved communications and timely
issues resolution with parent company.
Mazda North American Automotive Operations - Irvine, CA
Automotive and parts distribution company controlled by Ford Motor Company
Director, Financial Analysis, Administration and Treasury (1998 - 2001)
. Architect and served as mainstay of $85 million cost reduction and
profit improvement plans. Company turned-around from $75 million loss
to a $10 million pre-tax operating profit, in one year.
. Focused on balance sheet restructuring actions. Reduced debt
obligations by $300 million (40%). Negotiated all long/short-term
debt instruments required by the business.
. Supported cross-functional team in acquisition of Mazda's last
independent distributor. Led team in divestiture of remanufacturing
powertrain operations - both transactions completed 4 months ahead of
time and without issue.
Manager, U.S. Light Truck Pricing and Marketing Strategies (1996 - 1997)
Manager, Worldwide Strategic and Business Planning (1994 - 1995)
Supervisor, U.S. Manufacturing and Administrative Financial Analysis (1992
- 1993)
Supervisor, Lincoln Vehicle Line Pricing (1990 - 1991)
Supervisor, Advanced Engine and Transmission Programs (1989)
Supervisor, Escort and Tracer Programs Car Product Development (1988)
Capital Expenditure Analyst, Escort and Tracer Car Programs Car Product
Development (1987)
Cost Analyst, Lincoln Continental Programs (1986 - 1987)
Budget Analyst, Body Engineering and Development (1985 - 1986)
EDUCATION
Master of Business Administration, Finance and Accounting
Katz Graduate School of Business
University of Pittsburgh - Pittsburgh, Pennsylvania, 1985 - Completed MBA
in eleven months
Bachelor of Arts, Finance and Labor Relations
University of Pittsburgh - Pittsburgh, Pennsylvania, 1984
COMMUNITY SERVICE
Member, Advisory Board of Directors - The Unforgettables Foundation (non-
profit organization providing financial assistance to families that lose
children).
Member, Advisory Board of Directors - HR Network, Inc. (outsourced provider
of HR services).
Chairperson - Financial Executive Networking Group (FENG), Orange County