H. William Devitt III
Chester, NJ ? (C) 908-***-**** ? ********@*******.***
Executive Profile
. Solution-oriented legal executive capable of serving as divisional,
functional, or transactional Counsel to fill broad needs for legal
talent, develop best-practices operations and contribute to functional
efficiency
. Pharmaceutical and medical device industry experience; significant M&A
transactional background
. Supported and advised internal sales and marketing clients with advice
regarding compliance obligations
Key Skills
Legal - commercial agreement drafting, statutory/regulatory compliance,
advertising reviews, business advisory services, risk management, internal
controls, intellectual property development and licensing
Capital Markets - mergers and acquisitions, business development, capital
structure engineering, strategic planning and analysis, project management,
commercial and investment banking relationships
Experience and Achievements
3D Consulting, LLC Legal & Administration Consultant Chester, NJ
2006 - present
Engaged by public and private companies on several occasions as contract
legal counsel, including:
Catalent Pharma Sr. Counsel (Contract)
Head commercial counsel for a business unit; comprehensive responsibility
for drafting and negotiating a high volume of customer-facing clinical
and pharmaceutical supply agreements, as well as dispute resolution, real
estate issues and vendor contracts
Alpharma Tax Commercial Counsel (Contract)
Legal advisor to Treasury and Tax staff; led a legal simplification
project yielding a $2 million annualized tax savings through an optimized
pharmaceutical holding, operating and financing company structure
Managed legal and operational infrastructure projects for several privately-
owned companies
. Directed financial restructuring to separate Costa Rican affiliate from a
U.S. group
. Drafted and negotiated agreements, including Letters of Intent for
trademark licensing, joint ventures
. Evaluated operational procedures and controls for several clients;
implemented best practices
. Reworked information memoranda and business plan documents to enable
private equity offerings
. Advised on legal, business and financial issues in lease negotiations for
office expansion and renovation
. Worked with new HR manager to develop the function; rewrote employee
handbook
Aircast General Counsel and Secretary Summit, NJ 2003 - 2006
Established an in-house Legal department for a privately held manufacturer
of Class I and II medical devices with 2005 annual sales of $97 million in
15 countries
. Developed user-friendly purchasing and distribution contract forms with
innovative warranty provisions; negotiated and drafted R&D, IT software
and services, sales rep, licensing and employment agreements
. Advised and directed internal compliance / regulatory teams on FDA
requirements, OIG guidelines, HIPAA, Stark laws, CMS reimbursement
issues, FTC advertising rules and corrective action programs
. Managed intellectual property portfolio of over 50 patents and 20
trademarks, with 10 new patent applications in 2005; brought two
infringement lawsuits (both settled on highly favorable terms); initiated
and managed technology licensing program
. Served as a principal company representative in asset sale to Tailwind
Capital (PE firm) and subsequent stock sale to strategic buyer;
established due diligence teams and data rooms; negotiated reps,
warranties, covenants; completed disclosure schedules, HSR and ISRA
filings; participated in integration planning
H. William Devitt III Page 2 of 3
Aircast (continued)
. Achieved significant annual cost reductions by decreasing outside counsel
fees over 50% in first year, in support of lean
manufacturing/operating/overhead initiative (similar to Six-Sigma DMAIC
method)
. Created comprehensive risk management program including insured property
and casualty strategies; performed insurance coverage analysis and
renewal negotiation
. Directed products liability, contracts, and employment matters
litigation; coordinated with insurers
. Key member of strategic planning team that developed and executed
company's first multi-year financial, operational and asset utilization
plan (returned 2 times invested capital upon sale, a 70% IRR)
. Led federal, state and local government lobbying effort with trade and
special interest associations
. Negotiated sales of and managed closings on vacant commercial real estate
. Supported HR function in development of 401K SPD; documented and effected
disciplinary actions and terminations; drafted effective non-disclosure,
non-compete, and invention assignment agreements
Myron Corp. In-House Counsel and Treasurer Maywood, NJ 2000 -
2003
Primary responsibility for all aspects of legal affairs, corporate finance,
taxation and treasury for family-owned direct marketing companies with 2002
annual sales of $150 million in 12 countries
. Served as legal counsel to several related companies; fulfilled corporate
secretarial function, provided business advisory services, and performed
all document drafting and review; directed outside counsel
. Directed an acquisition campaign that initially evaluated over 250
companies; brought 6 deals to the Board in 12 months, resulting in 4
Letters of Intent; arranged financing
. Supervised global tax compliance and planning department, filing over 300
returns annually; evaluated and executed many tax-advantaged
restructuring strategies with a net present value in excess of $2 million
. Managed product design intellectual property portfolio; evaluated
proposed designs and trademarks for novelty; reviewed competitors'
products for infringement and issued cease and desist letters
. Engaged and managed outside counsel to resolve threatened and actual
litigation of commercial matters
. Counseled shareholders to form a family office to professionally manage
and diversify their holdings, establish succession strategies, and
develop integrated estate plans
. Negotiated a committed $45 million syndicated working capital facility;
increased funding replaced at-will lines of credit, reduced shareholder
loans and ensured sufficient liquidity to support new initiatives
Tommy Hilfiger Director of Corporate Finance New York, NY 1996 -
2000
Developed and documented corporate finance projects for a rapidly growing
wholesaler with FY99 annual sales of $1.7 billion; managed operations of a
high-net-worth family office
. Participated in transactional planning and execution teams for $1.1
billion acquisition of licensee
. Managed cross-discipline project teams from product evaluation to
implementation of operating and financial software; involved in
evaluating e-commerce operation alternatives
Saks Fifth Avenue Director of Corp. Finance & Treasury New York, NY
1992 - 1996
Managed, negotiated and documented corporate finance projects for a
retailer owned by Investcorp (PE firm) with FY 96 annual sales of $1.9
billion through over 50 locations
. Worked with teams to devise, document and execute capital markets
transactions (private debt placements, receivables securitization, real
estate monetization and commercial paper programs)
. Developed, negotiated documentation and maintained domestic and
international banking relations; administered compliance with credit
agreements, loan facilities and other financing vehicles
H. William Devitt III Page 3 of 3
Reed International Director of Divisional Finance Secaucus, NJ
1991 - 1992
Coordinated worldwide corporate finance function for 204 million hardcopy
and electronic media travel publication group of 1.6 billion UK publishing
conglomerate
. Co-managed multi-national group restructuring for operating and economic
efficiency; coordinated team members' efforts to resolve legal,
financial, accounting, tax, benefits and operating issues
. Conducted desktop due diligence on business development opportunities and
acquisition candidates
FL Industries Corp. Finance and Treasury Manager Livingston, NJ
1986 - 1991
Participated in buyer and seller due diligence and transition teams for LBO
firm (Forstmann Little); directed treasury and risk management operations
for 3 acquired manufacturing companies with sales of $1.8 billion
. Provided analysis and negotiation support regarding legal, finance,
operational and insurance provisions in contracts for 12 acquisitions and
over 30 asset or stock sales of business units
. Managed property and casualty risk management department; improved loss
prevention and claims administration strategies; coordinated case
management with litigators
. Administered and interpreted Term and Revolving Credit Agreements;
strategized, documented and negotiated numerous refinancings and
amendments
Deloitte & Touche Tax Consultant Princeton, NJ 1985 - 1986
Research, planning and tax compliance for individuals, partnerships, trusts
and corporations; legal drafting and review of memoranda, protests, and
opinion letters; experience in federal and state audits
Education
Juris Doctor University of Pittsburgh School of Law 1985
B.B.A. Accounting University of Notre Dame 1981
Accreditations and Other
Admitted to New Jersey Bar in 1986
Professional Associations: NJ State Bar Association, Association of
Corporate Counsel, former member of New Providence Economic Development
Commission