Donald A. Tusek, CPA, MBA
**** ****** ****** ( Downers Grove, IL 60516
******@*********.*** 630-***-**** (Cell)
Executive Summary
Strategic Finance Leader with proven ability to drive improvements in cash
flow, expense reduction and process improvement. A collaborative team
player with excellent interpersonal and communication skills who will work
across functional lines to deliver cost effective, practical solutions.
Proven track record of success in private middle market companies as well
as large public organizations. Excellent team building and development
skills.
Experienced with:
Turnaround situations Acquisitions and system Lean Six Sigma
Building bank relationships integration training
Global operations ERP implementation Service oriented,
Board presentations GAAP, SOX compliance proactive finance
teams
Strategic planning
Professional Experience
TURTLE WAX, INC. 2006-SEPT. 2009
$200 million private manufacturer and distributor of assorted car care
products in the US and Europe. Owner and operator of 16 car washes in the
Midwest.
Chief Financial Officer
Responsible for world-wide accounting, finance and treasury leadership.
Primary financial liaison with management, ownership, banks and company
board.
Selected accomplishments include:
. Saved over $1.5M by restructuring European debt to reduce FX exposure.
. Added $700K to profit by aggressively managing collections of
unauthorized deductions through pilot Lean Six Sigma project.
. Saved over $250K annually by reducing Finance Department headcount by
over 25%.
. Negotiated 2 bank agreements in difficult environment to ensure
availability of capital.
. Generated $60K of savings by implementing purchase card program.
. Reduced inventory by $2.0M through implementation of improved
forecasting process.
aramark Uniform services
2002-2006
$300 million region of $11.0 billion company. National supplier of
uniforms and assorted products for rental and sale. Industry leading
customer service organization. Midwest Region consisted of 33 market
centers with 27 plants. Publically traded at the time.
Central Region Controller
Provided operational and sales organizations with financial supervision and
support. Responsible for staffing and developing finance personnel at
multiple levels within region. Directly managed 6 Group Controllers.
Ended up supporting two regions due to growth. Position reported to Chief
Financial Officer.
Selected accomplishments include:
. Integrated 3 acquisitions that increased revenue annually by $30M.
. Performed due diligence audits on acquisitions and supervised
conversion to Aramark IT systems.
. Implemented and coordinated initial Sarbanes Oxley (SOX) field audits
to ensure compliance.
. Developed content for financial training program and taught classes to
high potential employees.
Turtle Wax, Inc.
1986-2002
Vice President of Finance
1999-2002
Responsible for all US accounting, finance and treasury functions.
Selected accomplishments include:
. Reduced debt by over $20M by emphasizing need to focus on cash flow
and earnings improvements during period of severe financial
difficulties. Led efforts to stop unprofitable business practices
such as extended dating, unnecessary promotions and inventory
buildups. Recommended exiting unprofitable business lines.
. Secured bank line of credit for $90.0M in difficult environment that
provided funding and covenant relief.
. Improved profits by over $1.0M by implementing SKU rationalization
program.
. Reduced borrowing costs by over $500K by borrowing in foreign
currencies rather than dollars for international acquisition. Reduced
foreign exchange exposure without utilizing expensive hedge products.
. Improved management response time by implementing Key Performance
Indicator (KPI) approach to running business.
. Uncovered cost saving opportunities by developing product and customer
profitability analyses.
Corporate Controller and Treasurer
1997-1999 Highlights include:
. Lowered cost and reduced corporate labor by implementing new
401(k)/Profit Sharing plan with more investment choices and easier
participant access.
Corporate Controller
1994-1997
Responsible for all daily accounting functions and corporate reporting.
Took on responsibilities for insurance, tax, internal and external audits.
Led team project on re-engineering order processing.
Assistant Corporate Controller
1989-1994
Financial Analyst
1986-1989
Rockwell international
1984-1986
Telecommunications leader supplying equipment, services, and solutions to
businesses around the world.
Financial Analyst
Responsible for various financial analysis projects and capital expenditure
tracking.
CHARLES LEVY CIRCULATING COMPANY
1982-1984
Magazine and book distributor, primarily in the Midwest.
Budget Analyst
Prepared annual budget and investigated variances and deviations. Led
project to implement new phone system.
Education and Credentials
MASTER OF BUSINESS ADMINISTRATION - 1982 Bachelor's Degree, Finance - 1980
Indiana University - Bloomington, IN University of Illinois - Champaign,
IL
Graduated with honors
CPA, November - 1987 Passed on first attempt Illinois CPA Society, AICPA
REFERENCES
Excellent professional and personal references available.