Management Human Resources

David J. Bacek, CPA

*** ***** ****** ( Ellenton, FL 34222 ( 941-***-**** (

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

Results-oriented, highly accomplished Chief Financial Officer and Corporate

Finance Executive

PROFILE

Consistent record of reducing costs, increasing profitability, and

improving cash flow for medium and large corporations. Special expertise in

building and leading top-performing teams, managing restructurings,

bankruptcy turnarounds, and divestitures, and facilitating M&A activities.

Adept at all aspects of financial operations, including domestic and

international financing, change management, technology implementation, and

P&L management. Outstanding problem solving and due diligence skills.

Corporate Finance Governance ( Strategic Planning ( Cash Flow Improvement (

Profit Growth

Debt Reduction ( EBITDA analysis ( Turnaround Operations ( M&A Negotiations

( Restructuring

Change Management ( Cost/Budget Control ( Risk Management ( IT Operations (

Tax Planning

Transaction Management ( Treasury Management ( Collections ( Accounting (

Human Resources

PROFESSIONAL EXPERIENCE

BACEK MANAGEMENT CONSULTING, LLC, Ellenton, FL 2009 - Present

Principal

Established and manage consulting firm specializing in corporate

restructuring, forensic accounting, M&A activities, divestitures,

bankruptcy turnarounds, long/short term financing, change management, and

technology design/implementation services.

. Closed sale of multiple-location distribution company. Orchestrated

transition phase. Managed wind-down of company. Liquidated non-

purchased assets.

. Developed and implemented working trial balance for client. Created

balance sheets, P&L statements, and cash flow statements. Prepared

EBITDA calculations. Configured due diligence package and led due

diligence process. Saved $310K/yr. by eliminating financial consultant

role.

. Forensic lender project on ornamental nursery operations. Primary

Management Company providing all caretaking, marketing and collections

for six related entities that provide materials. Currently in

discussions with lender and ownership to explore opportunity of

locating a strategic buyer/partner with landscape operations.

PTG MANAGEMENT COMPANY, Palmetto, FL 2003 - 2009

Chief Financial Officer

Oversaw all financial, human resources, and IT operations for $220M

organization comprising 6 operating companies, 3 management companies, 4

joint ventures, and 3 investment/paymaster companies. Supervised staff for

treasury, disbursement, invoicing, collections, budgeting, financial

analysis, payroll, regulatory, financial reporting, internal control, joint

venture administration, tax planning, risk management, contracts, and other

areas. Coordinated external audit activities. Prepared and delivered

presentations to Board. Developed internal controls and procedures.

. Improved operations by planning and leading cultural change among

staff and management.

. Saved $150K/yr. by restructuring $40M credit line and releasing land

assets from collateral base.

. Sheltered $10M in earnings by converting 8/31 tax entities to 12/31

entities.

. Increased efficiency by converting financial systems from cash basis

to GAAP/Full Accrual.

. Led successful financing of 3 housing projects, totaling $4.6M.

. Led successful financing of West Coast equipment upgrades totaling

$8.2M.

. Played major role in design of on-site financial reporting systems for

Mexican operations.

. Reorganized operations from profit center-focused to cost center-

focused.

. Eliminated all management letter commitments for first time in

company's history.

. Managed due diligence for sale of company that ultimately did not

reach conclusion.

. Testified as financial witness in International Chamber of Commerce

arbitration hearings.

David J. Bacek, CPA ( Page 2

W.G. ROE & SONS, INC., Winter Haven, FL 1996 - 2003

Chief Financial Officer

Directed all financial, HR, and IT operations for $45M company with

locations nationwide. Oversaw invoicing, collections, treasury, budgeting,

regulatory and financial reporting, and internal controls.

. Managed bankruptcy turnaround and corporate refinancing efforts that

strengthened balance sheet, brought in potential investors/strategic

partners, and shifted focus to cost centers.

. Delivered $1M immediate cash flow savings and $7.8M net debt reduction by

divesting non-performing business unit.

. Guided company out of Chapter 11 bankruptcy in less than 1 year after

filing.

. Carried out major organizational and financial group restructuring

initiatives. Obtained acceptance from both secured and unsecured

creditors.

. Established $6.7M, multi-year, asset-based operating line of

credit/mortgage package.

. Increased efficiency by implementing Windows-based network and CAT5 fiber

technology.

GARGIULO, INC. (formerly Collier Enterprises), Naples, FL 1989 - 1996

VP of Finance, East Coast Operations (1996)

Remained on with $250M company following acquisition of Collier

Enterprises. Directed invoicing, collections, treasury, cash disbursement,

budgeting, financial analysis & reporting, internal controls, payroll, and

regulatory reporting.

. Implemented Activity-based costing and cash management for Eastern US and

Puerto Rico.

. Carried out financial group reorganization following acquisition of

Gargiulo by Monsanto/Calgene, including S-4 preparation and 10-Q/10-K

reporting.

Chief Financial Officer, Agribusiness Group, Collier Enterprises (1989 -

1996)

Oversaw all financial operations, taxation, IT, land/environmental

monitoring, contracts, and joint venture administration.

. Played key role in sales of Agribusiness Group to Gargiulo. Prepared

financial models. Drafted MD&A text for S-4 release document.

. Managed $15M line of credit and $57M in long-term financing.

Controller, Farm & Citrus Division

CAREER NOTES: Previously held positions of Audit Supervisor at COOPERS &

LYBRAND, Audit Senior/Supervisor at M.D. OPPENHEIM & CO, CPAs, and Auditor

III/II/I to Audit Liaison at STATE OF NEW JERSEY-HUMAN SERVICES. Details

available on request.

EDUCATION

BS in Accounting, Rider University, Lawrenceville, NJ

CERTIFICATIONS & LICENSURE

Certified Public Accountant (NJ, FL)

ADDITIONAL INFORMATION

Computer Skills: MS Office, Famous, FoxPro, M3 (Lawson), AWE, QuickBooks,

and others

Affiliations: Former Board Member, Southwest Florida FICPA

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