Manager Management

Thomas R. Siegert, CPA

Basking Ridge, NJ ***** • 908-***-**** (home) • 908-***-**** (cell) • ********@*********.***

TREASURY & FINANCIAL OPERATIONS EXECUTIVE

** ***** ** ********** ** Domestic and International Treasury, Capital Markets, Change Leadership, FX

and Commodity Risk Management, Transfer Pricing Implementations, Business Operations, Integrations

& Divestitures, SAP Data Warehouse Applications, Hyperion, Product Costing, Equipment Leasing

____________________________________Career Profile____________________________________

Wyeth, Madison, NJ ($23 billion pharmaceutical, consumer & animal health) 1992 to Present

Assistant Treasurer – International (2008 – Present)

P&L responsibility for AHP Finance Ireland Limited ($3 billion in assets). Lead executive for

internal/external financings; FX and commodity risk; capital structuring and foreign pensions.

Chairperson - FX Risk Management Committee. 5 FTEs.

Selected achievements:

• Restructured intercompany billings. Mitigated FX exposures on $450 million of expenses,

contributing $23 million to the bottom line.

• Managed $4 billion in balance sheet exposures, improving forecasting accuracy by 50%.

• Structured $800 million of anticipatory cash-flow hedges using forwards and options,

obtaining deferred recognition under FAS 133.

Senior Director – Finance & Legal Operations (2005 to 2008)

Managed $700 million in spend across four legal practice areas. Coordinated financial and

operational support of mass tort litigation covering 60,000+ plaintiffs/claimants. Implemented

activity based budgets covering 100+ law firms with 1,200 FTEs.

Selected achievements:

• Started up Project Management Office. Recognized as “best in class” by McKinsey.

• Removed $150 million in costs from operations in the first year.

• Developed deposition and paralegal services “auction” that saved $11 million.

• Converted law firms to e-billing platform. Audits recovered $6 million in overcharges.

Senior Director – Internal Pricing & Logistics, Global Financial Reporting (2001 to 2004)

P&L responsibility managing $800 million Deferred Profit Reserve. Chairperson - Global Transfer

Pricing Committee. 17 FTEs in the U.S. and U.K.

Selected achievements:

• Reorganized four separate groups into one department, saving 6 FTEs.

• Recovered $45 million in depleted tax reserves.

• Provided product level cost transparency across profit center and geographic lines that led to

a 25% reduction in SKU count with less than 1% impact on sales.

• Built mark-up tracking and royalty payment systems using SAP data warehouse applications

that filled critical financial reporting gaps. Built portal to provide on-line access to reports.

Director – Internal Pricing & Logistics (1999 to 2000)

Provided leadership to regional teams and regulatory personnel charged with implementing transfer

pricing program in Asia Pacific and Latin American regions. Coordinated cash requirements and

inventory builds in anticipation of plant closings and sourcing switches for the following markets:

Argentina; Australia; Brazil; Canada; Korea; Malaysia; Mexico; Singapore. 4 FTEs.

Selected achievements:

• Developed implementation timelines that resulted in annual tax savings of $20 million.

• Met all OECD and IRC Section 482 documentation requirements and successfully defended

local affiliates’ contracts during tax inquiries and audits.

Thomas R. Siegert, CPA Page 2

Director – International Treasury Operations (1995 to 1999)

Coordinated the post-merger integration of Wyeth & American Cyanamid treasury and banking

activities. Managed banking relationships, reduced costs and harmonized technology platforms.

Selected achievements:

• Completed tax efficient reorganizations impacting affiliates according to integration

timelines, accelerated the tax efficient repatriation of cash, minimized acquisition debt.

• Structured cash remittances from Brazil and saved $8 million in withholding taxes.

• Drafted international investment guidelines and coordinated selection of outside investment

managers for combined allocations totaling $200 million.

• Successfully managed equipment lease portfolio run-off, recovering $4 million of income.

• Arranged external financings on favorable terms in Japan, China, Philippines, and Poland.

Director – Capital Markets & Foreign Exchange (1992 to 1994)

Provided strategic planning and analysis support in the area of capital structure, yield curve analysis,

risk management using Black-Scholes/Monte Carlo Simulation, WACC, CAPM and DCF analysis.

Selected achievements:

• Implemented dual functional currency structure for Irish plant operations resulting in

stability of cash flows and earnings at risk.

• Formalized company’s hedging program surrounding anticipated cash flows.

• Key member of financing team that launched $10 billion CP program and arranged multi-

bank committed back-stop facilities.

• Managed $5 billion of fixed-to-floating interest rate swaps.

• Coordinated activities in connection with rating agency presentations and shelf-filings.

Interpublic Group of Companies, Inc., New York, NY (Global Advertising) 1984 to 1992

Assistant Treasurer: Lintas: New York Agency, Direct Marketing Group (1992)

Manager, Foreign Exchange & Risk Management (1989 to 1992)

Manager, Cash & Banking (1986 to 1989)

Manager, Credit Operations (1984 to 1986)

Midlantic National Bank, Edison, NJ (Regional Banking) 1980 to 1984

International Banking Representative, Asia-Pacific/Middle East & Africa Desk (1982 to 1984)

Senior Credit Analyst (1981 to 1982)

Management Trainee (1980 to 1981)

EDUCATION

Pace University, MBA – Corporate Finance 1985

Boston College, BA – Economics (cum laude) 1980

CERTIFICATIONS/OTHER

Certified Public Accountant, State of New Jersey (Active)

Member - American Institute of Certified Public Accountants (AICPA)

Member - New Jersey Society of Certified Public Accountants (NJSCPA)

Adjunct Instructor – Graduate & Undergraduate Accounting & Finance:

Fairleigh Dickinson University, Graduate School of Business, Madison, NJ (2005 to Present)

College of St. Elizabeth, Business Administration & Finance, Convent Station, NJ (2006)

Villanova University, College of Commerce & Finance, Villanova, PA (2002 to 2005)

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