Company Financial

MITCH A. CRAUN, CPA

*** ***** ***** * Sergeant Bluff, IA 51054 * Ph 712-***-****(cell) *

*******@*********.***

Profile

Results oriented accounting and financial management professional with

extensive experience in policy development and implementation, staff

training and integration of accounting and control procedures to assure

accurate results of operational and financial reporting. Areas of expertise

include financial reporting and analysis, budget administration, auditing

and acquisition due diligence. An aggressive problem solver and decision

maker with the ability to set priorities and initiate viable courses of

action to attain objectives.

Career History

U.S. Foodservice, Inc.

Rosemont, IL

Region Controller / Project Team Leader

08/04 to 11/09

The second largest food distributor in the United States with $20 billion

in revenue and over 70 distribution centers and 12 cut to order meat

packing division's.

Responsible for the consolidation and analysis of monthly and year to date

financial results and coordination of the annual budget process for the

company's Specialty Region. Assisted in the integration of the Specialty

Region divisions into the company's broadline operating units.

Key Accomplishments:

> Identified areas of cost reduction and productivity improvements

including the development of detailed inventory procedures reducing

exposure to financial risks of the company's meat packing

divisions. Inventory was reduced $3.5 million with ongoing

reductions.

> Developed accounting procedures for the company's logistics

department to record and track revenue and costs associated with

the utilization of existing fleet for backhauling product from

suppliers and outsourcing to third parties enabling the company to

report a first year increase in net freight revenue of $16 million.

> Financial team leader of supplier incentive project that resulted

in a onetime $15 million improvement to EBITDA.

Motor Coach Industries, Int'l

Schaumburg, IL

Director Internal Audit

01/01 to 08/04

Largest manufacturer of tour, public sector and long haul motor coaches in

the United States with revenue of $660 million.

Responsible for the review, update and implementation of internal controls

to protect the company assets and the performance of financial and

compliance audits. Developed and maintained fieldwork efficiencies during

annual external audits.

Key Accomplishments:

> Developed annual external audit efficiencies that resulted in

reducing annual audit fees by $500 thousand.

> Performed a review and clean up of the company's accounts payable

adding $2.2 million of EBITDA.

> Organized accounts receivable efforts for the company's parts

distribution operating entity resulting in the collection of $3.5

million of $6.0 million of past due accounts.

Beef Products, Inc.

Dakota Dunes, SD

Accounting Manager

08/00 to 12/00

Processor of finely textured ground beef from trimmings received from major

beef processors.

Managed corporate accounting staff and the preparation of monthly and year

to date financial statements for the corporate and production facilities.

Led the development and implementation of financial policies and procedures

at both the corporate and production facilities.

MITCH A. CRAUN, CPA

Metz Baking Company

Sioux City, IA

Assistant V.P.-Controller/Director Internal Audit

08/97 to 08/00

The nation's fourth largest packaged bread/bun baking company with revenue

of $600 million, 21 bakeries and 5,500 employees.

Responsible for the development and implementation of financial policies

and procedures at the corporate and individual bakery level. Managed and

controlled corporate general ledger activity, financial reporting and

analysis. Involved in the development of due diligence checklists for

company acquisition and divestitures.

> Managed a corporate staff of 11.

> Provided oversight regarding preparation of monthly and annual

financial statements.

> Participated with the Financial Planning and Analysis group in the

performance of financial due diligence of prospective acquisitions

adding $100 million of revenues and $10 million in synergies.

Director Internal Audit

06/91 to 08/97

Responsible for the review, update and implementation of internal controls

to protect the company assets and the performance of financial, compliance

and operational audits.

> Directed internal audits of the company's individual bakery

operations and reviewed results with the company's audit committee.

> Coordinated work paper preparation and confirmation requests to

assist the external auditors conducting the annual audit resulting

in audit fees being reduced by $150 thousand.

Gardiner & Co., CPAs

Des Moines, IA

Managed the Charles City office, with a staff of four, from 1985 to 1991

12/83 to 06/91

Regional CPA firm, specializing in auditing and accounting services for

farmers' cooperatives, with branch offices in Charles City, IA, Sioux City,

IA, and Lincoln, NE.

> Responsible for compliance and substantive audits, internal control

assessments and coordination and review of annual financial

statement audits for clients ranging in size from $1 million to $45

million in revenue.

> Served as the financial liaison between farmers cooperatives and

their respective lending institutions.

> Provided professional guidance to the acquiring organizations for

business consolidations.

> Presented audit results to the Board of Directors and annual

financial statements to the stockholders.

> Prepared corporate and individual income tax returns.

Education and Certification

American Institute of Business

Associate of Specialized Business in Accounting

Pursuing Bachelor of Science Degree

Certified Public Accountant - States of Iowa and Minnesota (Inactive)

Professional Memberships

American Institute of Certified Public Accountants

Iowa Society of Certified Public Accountants

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