Vice President Sales
Resume:
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***************@*****.***
First Name Middle Last Name Suffix Maiden Name
Ken Glowacki N/A
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5901 Wabash lane Stevensville MI 49127
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c Copyright Andersen Alumni Association 2012. All Rights Reserved.
KG resume 013111.doc
Kenneth A. Glowacki
CPA
5901 Wabash Lane Cell: 708-***-****
Stevensville, MI 49127 E-mail: ***************@*****.***
CAREER SUMMARY
Insightful, enthusiastic professional with 30 years experience in accounting, auditing,
and finance; in start up operations, private and public multi-location manufacturing,
direct marketing, printing, information technology and health care organizations. Major
strengths include, financial reporting and analysis, problem solving, team building,
planning, profitability improvement, negotiations, due diligence, and compensation plans.
A knowledgeable, respected leader with excellent communication and presentation skills.
BUSINESS EXPERIENCE
GREAT LAKES METAL STAMPING, Bridgman, MI November 2008Current
Great Lakes, is a $16 million metal part stamper for the auto industry.
VP Finance
Reported to the CEO and managed all accounting functions.
Developed expense and revenue forecast to identify loss months to initiate cost
reductions during the auto industry downturn.
Developed short and long term working capital requirement models to provide working
capital for operations.
Managed the banking relation trough the industry downturn.
LAKELAND REGIONAL HEALTH SYSTEMS, St Joseph, Michigan 2003 - 2008
Lakeland provides health care services through two acute care hospitals and other
facilities in southwestern Michigan.
Manager Internal Audit
Reported to the CFO and Audit Committee of the Board, and managed the internal audit
function.
Responsible for internal control development over cash and investments when the
organization switched to JPMorgan Chase online banking system.
Developed reports and analyzed health care benefits reducing health care costs and
collect unclaimed excess health insurance.
Conducted annual audit of Medicare Cost Report resulting in $400,000 savings.
Performed regular audits of hospital billing system, operating supplies and surgical
inventories.
Reviewed monthly financial statements with CFO and accounting staff.
NETWORK DATA SYSTEMS, INC., Rolling Meadows, Illinois 2000 - 2002
A $20 million annual revenue, network infrastructure consulting and equipment provider.
Vice President Finance
Chief financial executive reporting to the CEO and managed all finance, accounting, risk,
legal and human resource functions.
Developed strategic plans as Company grew from a single to multi office regional
operation and consulting revenues increased 40% to $9.2 million.
Structured agreements with investment bankers and potential investors.
Developed and implemented plans with CEO reducing staff, manage cash, and restructuring
costs to return to profitability after the lost of a major customer in the fourth quarter
of 2001, representing 8% of annual revenue.
Heavily involved with Vice President of Marketing in the sales and marketing efforts,
including sales training, developing proposals and contract negotiation, generating
additional revenue.
WYNWYN.COM, INC., Chicago, Illinois 1999
Internet company, developing a database directory designed to enable consumers to locate
and conduct business with providers of goods and services.
Chief Financial Officer
Reported to the CEO and managed investment, legal, human resource, accounting, finance,
real estate, risk and cash functions.
Drafted private offering memorandums for angel investor rounds.
Developed and implemented business models supporting funding efforts.
Raised $6 million in cash after first round investment with venture capital firms.
Chief contact to outside legal council.
METROMAIL CORPORATION / R.R. DONNELLEY & SONS, Lombard, Illinois 1987 - 1998
A $330 million revenue, NYSE Company, provided database marketing solutions and
information services to the global direct marketing industry. A subsidiary of R.R.
Donnelley & Sons from July 1986 through June 1996 when it was divested via an IPO and
subsequently purchased by Great Universal Stores, PLC. in April 1998.
Vice President, Finance (1988 to 1998
)
Vice President Finance reporting to the Chairman and President and responsible for
accounting, budgeting, cash management, benefit plans, tax compliance, SEC reporting,
compensation plans and operation analysis. Managed capital budgets of $20 million per
year. Recruited, developed and managed a staff of forty professionals experienced in all
phases of accounting, finance and SEC reporting.
Key team member planning and implementing June, 1996 IPO, resulting in stock priced at
the top end of the issue range and immediate exercise of green shoe by underwriters;
$270 million raised in IPO.
Managed the transition from a subsidiary of R.R. Donnelley to a public company.
Key executive team member developing strategy and executing sale of the Company in 1998
resulting in a valuation of $1 billion, up from $440 million at time of IPO, 18 months
earlier.
Provided financial leadership in business restructuring reducing annual expenses by $12
million or 10%.
Member of the executive management team that developed revenue growth plans resulting in
compound annual growth of 19% in revenue and 18% in earnings from operations from 1993 to
1997, exceeding expectations.
Established financial budgeting and control systems providing management information by
business unit resulting in reallocating resources to successful operations.
Designed and implemented management and sales compensation plans.
Implemented monthly revenue and expense forecasting practice to identify business issues
and initiate corrective steps.
Managed $5 million plant addition, meeting completion dates and budget.
R.R. Donnelley & Sons, Chicago, Illinois 1987
Director of Internal Audit
Reported to the Chief Financial Officer and managed a staff of seven auditors for a five
billion dollar commercial printer with locations throughout the United States and United
Kingdom.
ARTHUR ANDERSEN & CO., St. Charles, Illinois-Audit Manager1985 - 1986
FEDERAL SIGNAL CORPORATION, Oak Brook, Illinois-Director Internal Audit1983 - 1984
ARTHUR ANDERSEN & CO. Chicago, Illinois-Audit Manager1974 - 1982
EDUCATION & PROFESSIONAL ORGANIZATIONS
Bachelor of Science in Business - Loyola University of Chicago, Chicago, Illinois - 1974
Certified Public Accountant - February 1975
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