Daniel M. Rakovan
*** **** **** *****, *******, NC 27615
Work 919-***-**** ( Cell 919-***-**** ( abmgmi@r.postjobfree.com
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EXECUTIVE PROFILE
Determined, analytical, and astute business executive with over twenty-five
years of broad-based experience in engineering, finance, operations, and
business development in both small and multi-billion dollar companies.
Demonstrated strong interpersonal and leadership skills. Expert in leading
economic evaluations of mergers, acquisitions, divestitures, and joint
ventures. Skilled in financial analysis tools including state-of-the-art
techniques such as option pricing analysis, risk analysis, scenario
planning, portfolio theory and competitive intelligence. Empowering team
leader able to motivate and develop employees to reach personal and
organization goals. Served as Director for several non-profit Boards.
CAREER EXPERIENCE
WillMark Associates LLC Raleigh, NC
Co-Founder/Owner 2007 - Present
Co-founded firm providing senior interim executives for small to medium-
sized ($10 to $300 Million) companies as well as private equity portfolio
companies. Developed business model based on research of the multi-billion
dollar interim executive market in Europe and established foothold in the
U.S. market. Primary focus is to provide CEO, CFO, COO, and other senior
level executives to companies on a national basis. Built company from the
ground up into one of the few interim-only providers in the U.S.
. Established key relationships with industry leading peers in the
United Kingdom to provide valuable contacts for potential
international partnership opportunities.
. Recruited nearly 700 senior executives from 42 states so far and
growing daily.
The Danmark Group, Inc. Raleigh, NC
President/Owner 1998-Present
Founded boutique management consulting firm to help clients enhance their
performance through better decision-making, increased growth, and improved
profitability. Also provide asset management services to private clients.
Key feature of the practice is the use of state-of-the-art techniques from
the disciplines of corporate and behavioral finance, strategic planning,
and decision analysis.
. Developed economic model for evaluation of key deregulation
investments for major Texas electric utility.
. Developed business analysis for private firm providing strategic and
operational support for Alyeska Pipeline Company.
. Developed proprietary model for economic analysis of investment
opportunities that included the ability to utilize key risk simulation
techniques, e.g. Monte Carlo analysis, risk analysis, and scenario
planning.
Carolina Power & Light Company Raleigh, NC
Manager - Financial Analysis 1996-1998
Recruited to provide expertise and leadership for the anticipated
investments in unregulated industries. Led centralized group responsible
for financial analysis, the development and maintenance of evaluation
models, and financial training. Developed a new comprehensive training
program to prepare senior management and their direct reports for
competition and deregulation.
. Led cross-functional team examining opportunities to expand into the
emerging telecommunications business, which led ultimately to the
funding and formation of Interpath Communications.
. Evaluated acquisition targets in multiple unregulated industries with
values up to $300 million.
. Initiated, implemented and led the Treasury Department MBA recruiting
program at Duke, University of North Carolina, and Wake Forest
University including on-campus presentations, interviewing and hiring.
. Provided internal consulting services to all business units and
subsidiaries, receiving a rating of "Exceeds Expectations" for every
assessment category.
Atlantic Richfield Corporation 1978-1995
Evaluation Consultant/Manager Anchorage, AK 1993-1995
One of five managers in a matrixed, twenty-four person internal consulting
group. Applied state-of-the-art techniques ranging from option pricing,
game theory, and contingent valuation to project evaluations. Led the MBA
recruiting efforts at Northwestern University, University of Michigan, and
the University of Chicago, which included presentations, interviews, and
establishing liaisons with key professors.
. In charge of financial evaluation and training, economic modeling,
decision analysis, and long-range planning for ARCO's largest business
unit, Prudhoe Bay, which had production of 1.5 million barrels per day
and annual revenues of over $15 billion.
. Evaluated merger and acquisition candidates with values exceeding $1
billion; led analysis of capital projects with investments up to $15
billion.
. Led effort to estimate and value Alaskan oil and gas reserves under
Security and Exchange Commission rules for inclusion in the ARCO
annual report.
. Redesigned the oil and gas reserve auditing process, reducing annual
external auditing costs of $200,000 by over 80%.
Manager - Producing Operations Anchorage, AK 1990-1993
Managed group responsible for evaluation of major capital expenditures, the
development and maintenance of economic models, competitor analysis, and
financial training. Areas of responsibility included Prudhoe Bay, Kuparuk,
and Cook Inlet operations.
. Established and published internal education newsletter to inform
clients and promote services, and received an Exceptional Contribution
Award.
. Organized, developed, and taught classes on capital budgeting,
allocation, and investment analysis.
. Represented ARCO on special projects with major co-owners British
Petroleum and Exxon.
Planning Consultant Anchorage, AK 1989-1990
Coordinated the budget and long-range plan. Resolved interdepartmental
conflicts and established effective working relationships between
exploration and financial personnel. Developed computer model to analyze
the results of the entire ten-year plan and applied statistical analysis to
provide new insights. Utilized scenario planning techniques to test the
plan against different possible operating environments.
. Coordinated and analyzed the development of the exploration long-range
plans with an annual budget of over $100 million.
. Developed strategic review of competitor economics and the impact on
co-owner relations. Created alternative evaluation perspective to
explain competitor behavior. Groundbreaking research led to complete
revision of how investments were analyzed for ARCO Alaska and had
major implications for negotiations with co-owners.
Evaluation Consultant Anchorage, AK 1987-1989
Recruited and promoted by former colleague to work in a newly formed
evaluation group. Brought in to establish financial controls, create and
maintain economic models, and provide consulting expertise to clients.
Created new evaluation training classes to improve the capability of
clients.
. Responsible for maintaining and improving the economics program.
Added new features to make model more user friendly and improved
existing methodology.
. Repaired badly damaged relationships with engineering and operations
organizations. Successful in changing relationship from adversarial
to collaborative.
Senior Financial Analyst Dallas, TX/Anchorage, AK 1985-1987
Promoted into position in the Alaska Gas Projects group to evaluate the
economics for options to bring Prudhoe Bay natural gas to the continental
U.S. markets. Represented ARCO on the TAGS (Trans-Alaskan Gas System) team
with members from Sohio and Exxon to determine pipeline costs of several
route options and develop related cost-of-service estimates.
. Developed expertise on the Federal Energy Regulatory Commission's
approved tariff methodologies.
. Became company expert on the worldwide supply and demand for natural
gas.
Financial Analyst Dallas, TX 1982-1985
Analyzed major investment decisions. Determined minimum sales
prices/maximum purchase prices for divestitures and acquisitions. Taught
classes on financial analysis techniques, such as discounted cash flow,
internal rate of return, payout, and investment efficiency.
. Audit review of existing gas sales found an underpayment of over $250k
annually.
. Reviewed every investment made by ARCO Oil and Gas Company over $6
million, verifying assumptions, and testing sensitivity to changes in
key parameters such as capital and operating costs, oil/gas prices,
inflation, production/ reserve profiles, and tax rates. Capital
budget was over $500 million annually.
. Attended graduate program at Southern Methodist University at night
and weekends to successfully pursue MBA degree with a concentration in
finance.
Operations/Analytical Engineer Tyler, TX 1978-1982
Managed reservoir performance for several oil and gas fields in southeast
Texas. Selected to become district training coordinator for all newly hired
engineers. Promoted twice into positions with increasing breadth and scope
of responsibilities.
. Completed industry leading 12-month training program with exposure to
every major department in the exploration and production business.
. Led engineering studies and recommended oil well recompletions,
workovers, and the drilling of new wells.
EDUCATION
Master of Business Administration, Southern Methodist University, Dallas,
TX, 1986
Bachelor of Science, Chemical Engineering, University of Oklahoma, Norman,
OK, 1978
Leadership Development Program, Center for Creative Leadership, Greensboro,
NC, 1997
BOARD POSITIONS
Society of Competitive Intelligence Professionals 2000-2002
Founding Director
Carolinas Chapter
Institute of Management Consultants 2000-2008
Director/Program Chair
Carolinas Chapter
AFFILIATIONS
Institute of Management Consultants
The Council of Energy Advisors
Society of Competitive Intelligence Professionals
INTERESTS
Golf, Fly-Fishing, Hiking, and Camping