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Vice President Executive

Location:
Columbia, SC, 29212
Posted:
March 09, 2010

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Resume:

H AROLD HUNT, CPA

*** ******** ****** ****, ********, SC 29212

864-***-**** abnofv@r.postjobfree.com

FINANCE EXECUTIVE

Mergers and Acquisitions ~ Strategic Planning ~ Business Restructuring and Integration

Finance Executive with successful leadership experience in all facets of financial/administrative functions. Expertise in

strategic planning, mergers/acquisitions, business restructuring/integration, and profit enhancement programs.

Finance Management:

Implemented new account structure and responsibility accounting to focus on cost reduction and position the

Company for controlled growth; restructured functional alignment of finance departments for better efficiency

Developed/implemented comprehensive budgeting systems and procedures; established requirements for

variance analysis and reporting by operational managers.

Maximized business interruption and property loss claims for natural disasters by establishing innovative

analysis and procedures for capturing loss data

Promoted safety programs and administrative file reviews to reduce losses from customer and employee

accidents.

Executive Leadership

Served on the Executive Committee for 14 years with BI-LO, LLC. During this time, sales and the number of

stores tripled and operating earnings improved from breakeven to approximately $100 million. Was amongst the

few Executives retained in a 1985 management restructuring.

Mergers/Acquisitions:

Successfully planned, transitioned, and consolidated business functions for a variety of mergers/acquisitions.

Served as advisor to develop plan for the acquisition of a frozen potato processing plant. (Cascades Food)

Prepared valuation analysis and served on integration team for Kroger Carolina’s Division ($45 Million)

Led due diligence review, participated in final contract settlements, and planned/executed integration of financial

and administrative functions with BI-LO, Inc. and The Red Food Stores, Inc., Chattanooga TN ($120 Million) and Mayfair

Supermarkets, New Jersey ($65 Million)

Prepared valuation analysis, participated in negotiations of final terms with seller, aligned accounting and reporting

procedures for compatibility to supermarket procedures for Golden Gallon Convenience Stores, Chattanooga TN ($176

Million)

Spearheaded project directing the development of strategy, systems, and business processes of BI-LO’s

acquisition of Bruno’s.

Consultative Expertise:

Contracted as lead financial executive during BI-LO and Bruno’s sales offering by the parent Ahold USA.

Responsible for Bruno’s operational matters and due diligence procedures as performed by potential buyers.

After purchase, coordinated the effort of migrating all financial functions into BI-LO and closing Bruno’s financial

offices, assuring a smooth transition for the acquisition and integration of Bruno’s.

Developed plan to move all financial operations for BI-LO and Bruno’s to Birmingham, Alabama during

acquisition process.

Served as CFO/Controller until all functions were transitioned to BI-LO.

Responsible for active retention of financial personnel during the transition process.

Technical Skills:

Strong comprehension of technology capabilities to enhance corporate productivity.

Initiated the first IT committee at BI-LO to review IT requests and prioritize resources.

Advised and directed the Company against being on the "bleeding" edge of development, and to adopt proven

software applications and reliable hardware platforms.

Recommended and selected applications and applied that technology to functional needs of the business.

Served on the Ahold USA (US holding company of BI-LO's parent) IT Committee and spearheaded a project to

establish a centralized financial services center for Bruno's, (BI-LO's subsidiary) in order to process all financial

data for both companies.

CORE COMPETENCIES

Audits Budget Forecasting/Planning Cost/Expense Control Finance Management

Mergers/Acquisitions Risk Management Business/Change Management Operational Streamlining

Policy Development Profit Building Restructuring Staff Management Team Leadership/Motivation

Harold Hunt, CPA Page 2

PROFESSIONAL EXPERIENCE

BI-LO, LLC, Greenville, SC 2003-2009

1983-2001

BI-LO is a $3 billion food retailer operating approximately 215 supermarkets in North and South Carolina, Georgia, and

Tennessee. Many of BI-LO's stores house pharmacies and some boast Starbucks Café kiosks. Brands include national

names, as well as BI-LO's own brands: Southern Hearth Bakery items, Full Circle natural and organic foods, Top Care

health and beauty aids, and Paws Premium dog and cat foods. The chain is currently owned by Dallas-based investment

firm Lone Star Funds, which acquired BI-LO and its sister chain Bruno's Supermarkets in 2005.

Executive Level Contractor/Consultant 2003-2009

Engaged as an executive level contractor/consultant to assist with BI-LO’s restructuring and integration of operations with

its newly acquired subsidiary, Bruno’s, Inc. in Birmingham, Alabama. Served as Business Lead for establishing a

Financial Shared Services Center in Birmingham and defining/implementing processes for the combined financial and

accounting functions.

Vice President, Finance & Treasurer 2001

Executive Vice President of Finance & CFO 1996-2001

Vice President of Finance 1992-1996

Vice President & Controller 1987-1992

Controller & Assistant Secretary 1983-1986

ATLANTIC SECURITIES EXCHANGE, INC., Columbia, SC 2001-2002

Atlantic is a privately owned financial service firm headquartered in South Carolina.

Executive Vice President

Addressed several non-brokerage opportunities including negotiating acquisitions, enhancing financial controls,

structuring cash management procedures, and developing comprehensive monthly reporting. Served on the organizing

board of an affiliated new bank and established an in-house insurance agency.

ERNST & YOUNG, LLP, Greenville, SC 1973-1983

Senior Audit Manager

Responsible for managing the delivery of audit, accounting and management consulting services to a wide variety of

clients in diverse industries.

EDUCATION AND SKILLS

Bachelor of Science, Business Administration/Accounting, University of South Carolina, Columbia, SC

Certifications and Affiliations:

Certificates of Academic Achievement

Certified Public Accountant-South Carolina

Member of American Institute of CPAs

Member of South Carolina Association of CPAs



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