Manager Medical Device

William E Gobron, CPA **** Caminito Eastbluff, La Jolla 92037

949-***-**** C. Email: abnu1a@r.postjobfree.com

Professional Summary

Successful and proven 20 year international tax professional. A Certified Public Accountant and Chartered Financial Analyst candidate who is a tactical

and strategic problem solver providing solutions to a variety of business, financial and technical issues. A change agent who operates well cross

functionally with marketing and sales, manufacturing and other management functions within a global environment. Experience in working with large

publicly held companies, start-ups and closely held enterprises. Innovative, value-added, analytical and determined leader with expertise in:

Structuring Cross Border Transactions Determining Global Transfer Pricing Policies

Determining Foreign Capital Structures Mergers and Acquisitions

Devising Foreign Repatriation Strategies Subpart F Minimization

Implementing Global Tax Rate Minimizations Tax Provisions (FAS 109/FIN48)

Foreign Tax Credit Planning Tax Controversy Resolution

CAREER HIGHLIGHTS

Entropic Communications Inc. - San Diego, CA 2007-2009

$ 200 Million Semi-conductor Company (left company due to elimination of tax department)

Tax Director

Direct the overall worldwide tax function in the areas of planning and compliance. Prepare the annual income tax provision (FAS 109) and FIN 48

computations.

Manage a worldwide tax restructuring that will result in multi-million annual cash savings and significantly reduce the Company’s worldwide

effective tax rate.

Set up in-house tax department: initiate SOX compliance, implement plan for foreign entities’ tax compliance and transfer pricing

documentation for post IPO entity.

ResMed Inc. - Poway, CA 2006-2007

$ 700 Million Multi-National Medical Device Company (left to be part of newly formed finance team for a pre IPO Company)

Director, International Tax

Directed the international tax function in the areas of planning and compliance. Assisted in the preparation of the annual income tax provision (FAS 109)

for the Company’s U.S. entities and managed the preparation of the foreign entities’ tax provisions.

Determined the optimal structure for the transfer of a foreign entity’s manufacturing operations that significantly reduced the tax cost of the

transfer.

Assisted with restructuring of French and German operations in optimizing countries’ interest deductions within thin capitalization constraints.

Edwards Lifesciences LLC - Irvine, CA 2005-2006

$1.0 Billion Multi-National Medical Device Company

Senior Manager, International Tax

Directed the international tax function in the areas of planning and compliance including the Company’s determination of international transfer pricing,

the preparation of the annual and quarterly international tax (FAS 109) provisions and resolution of US and foreign tax audits.

Led multi-national tax team in an international restructuring that resulted in annual savings of $10.0 million

Assisted in the resolution of a foreign entity’s tax audit that resulted in a savings of $16.0 million.

World Minerals Inc. - Santa Barbara, CA 2004-2005

$300 Million Multi-National Mining Company (left company due to acquisition by Imerys Corporation)

Director of Tax

Directed the overall worldwide tax function in the areas of planning and compliance. Prepared annual income tax provision (FAS 109) for the

Company’s U.S. entities and managed the company’s foreign personnel in the preparation of the foreign entities’ tax provisions.

Managed a worldwide tax restructuring the resulted in annual tax savings of $2 million.

Assisted U.S. Parent Company VP of Tax with development of optimal tax strategies for the sale of domestic and foreign subsidiaries.

Trizetto Group, Inc. - Newport Beach, CA 2003-2004

$300 Million Software Company for Healthcare Industry (left company due to pending acquisition)

Director of Tax

Manage entire tax function in the areas of tax planning, compliance and federal and state tax audits. Prepare annual and quarterly calculation of

company’s income tax provisions (FAS 109).

Restructure legal entities as to reduce state income tax expense by $1 million per year.

Developed a state transfer pricing study that resulted in tax savings of $2 million.

Kidde plc Inc. -Marlborough, MA 2000-2002

($1.5 Billion U.K. Global Manufacturer of Fire Protection Equipment)

Director of Corporate Tax and Treasury

Directed the overall tax function for the $880 million North American operations of U.K. fire protection manufacturer. Assisted the CFO in treasury and

financial reporting matters.

Set up in-house tax department resulting in savings in excess of $1 million per year.

Performed transfer pricing review of offshore manufacturers pricing into U.S. and U.S. manufacturers pricing to Europe.

Developed a strategy to expatriate foreign subsidiary’s earnings that would utilize excess tax credits to reduce US tax by $250 thousand.

Artificial Life, Inc. – Boston, MA 1998-2000

($10 Million Global Software Dot Com Firm)

Director of International Tax and Finance

Directed the worldwide tax and treasury function as well as worldwide financial planning of software/internet firm. Assisted the CFO with quarterly and

annual SEC filings as well as preparation of annual report and accompanying footnotes.

Created transfer pricing structure for foreign royalty payments that significantly reduced worldwide tax exposure from a 40% effective tax rate

to 12% by utilizing Russian Research and Development operation.

Developed financial plan methodology to more accurately and timely measure company’s worldwide consolidated cash needs, which allowed

management to execute better financing decisions.

Assisted CFO in international private placement strategy and option pricing strategy that resulted in $2 million of additional funding.

Financial Consultant 1995-1997

Provided consultancy services in financial management in the areas of controllership, tax and treasury for a variety of large and small firms.

Interim CFO for two medium-sized distribution companies and where I directed all financial functions of the firm. Significantly reduced

borrowing costs and processed engineered receivables and payables reducing working capital needs.

During an assignment for a large health care organization, expedited the solution of problem areas in the audit of the company’s operations that

resulted in meeting the timetable for the filings of the entity’s largest bond offering of approximately $200 million.

As Interim Tax Manager developed a process for preparation of worldwide consolidated financial plans for billion dollar diversified global

agriculture and chemical company that enabled the company to assess its off shore cash position, assess Subpart F income exposure and

develop a repatriation/funding strategy incorporating foreign tax credit planning.

Digital Equipment Corporation 1987-1994

(Multi-Billion Global Fortune 35 Computer Manufacturer, currently part of Hewlett Packard)

Treasurer, Digital Equipment Corporation do Brasil Ltda (1991-1994) ExPat in Rio de Janeiro, Brazil

Led the treasury, tax and business finance departments that handled all the subsidiary’s treasury, tax, budgeting and forecasting and customer financing

efforts. Partnered with CFO in the formulation of long-term business strategies and planning.

Developed and executed the financial plan and obtained Corporate Treasury approval for the largest capital infusion of $16million in the

subsidiary’s history to finance expanding operations and acquisitions of two Brazilian companies.

Implemented a cross-border financing technique that resulted in a low cost source of funds of $12 million.

Directed a tiger team that resulted in improved collections of receivables (a reduction of Days Sales Outstanding from 120 days to 60 days), a

reduction of net working capital needs of approximately $4 million and a reduction of foreign exchange exposure of approximately $3 million.

Digital Equipment Corporation - continued

Strategic Acquisitions/Alliances Finance Manager (1990-1991) - Acton, MA

Formulated acquisition strategies, developed business plans, determined valuations and entity structures and supervised due diligence reviews.

Developed and presented acquisition proposals to Corporate CFO and Investment Review Board and obtained 100% approval for six

acquisitions/alliances totaling $60 million in Argentina, Brazil, Chile and Venezuela.

Developed an acquisition financing strategy to reduce the cost of a Chilean investment by approximately $3 million.

Structured a Brazilian acquisition as to fully utilize target company’s net operating losses that resulted in tax savings of $1 million.

International Tax Manager, General International Area/Tax Manager. Latin American Region (1987-1990) – Acton, MA

Resolved strategic financial issues for Australia, Asia, Canada and Latin America and lead project management for all strategic tax/treasury concerns for

Latin America.

Developed in-depth solutions to balance various foreign manufacturing subsidiaries’ Balance of Trade obligations with International transfer

pricing restrictions and that resulted in the redirection of cross-border transactions that increased foreign entities’ market share opportunities

while minimizing worldwide tax risk.

Developed a foreign exchange model to determine foreign exchange exposure for 24 foreign subsidiaries. Assisted in determination of forex

policy for same 24 foreign entities.

Determined structure as to legal entity and source of financing to maximize tax benefits and minimize long-term cost of funding of an $85

million real estate acquisition in Australia.

Developed short-term and long-term solutions for remittance of “frozen” funds of approximately $6million from company’s Brazilian

subsidiary that led to an incremental investment of $2 million that resulted in a substantial increase in revenue of $80 million per year.

Bose Corporation - Framingham, MA 1985-1987

($2 +Billion Global Manufacturer of Electronics Consumer Products)

Corporate Tax Manager

Managed the tax function in both the planning and compliance areas. Coordinated and directed the activities of outside legal and tax consultants to

resolve worldwide tax issues.

Developed a transfer pricing study that resolved a federal tax audit case that was in the Tax Court, which resulted in a significant avoidance of

legal fees, additional taxes, interest and penalties of approximately $3 million.

Formulated and implemented a strategic plan, which significantly increased foreign tax credits, thereby reducing US taxes by $750 thousand.

Performed detail review of company’s engineering activities that resulted in incremental research and development tax credits of

approximately $500 thousand.

Public Accountancy

Price Waterhouse -Tax Supervisor 1983 -1985

Supervised staff in preparation of corporate, partnership and individual tax returns. Performed tax provision reviews and tax planning for a diverse client

base of publicly-held and closely-held companies

Education

MS in Taxation, Bentley College, Waltham, MA

BS in Accounting/Economics, Boston College, Chestnut Hill, MA

Professional Certification and Associations

Certified Public Accountant- active Massachusetts license

Chartered Financial Analyst Candidate – All 3 exams passed; waiting to fulfill time requirement

Tax Executive Institute

American Institute of Certified Public Accountants

Languages

Portuguese

Citizenship

United States, Republic of Ireland

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