Rick P. Martin

843-***-**** ac2uvz@r.postjobfree.com

Results-driven Chief Financial Officer with an established record of success in managing the financial operations of organizations growing double digits annually as well as organizations in turnaround situations. Combines strategic/tactical financial expertise with strong qualifications in business development, operations and P&L management. Skilled at partnering finance with operations and developing productive cross-enterprise alliances. Core competencies include:

- Strategic and Operational Business Planning - Internal and External Audits

- International Strategy and Transfer Pricing - Corporate Taxes

- Capital Markets and Equity Financing - CapEx Analysis and Funding

- Financial Reporting (GAAP, IAS/IFRS, Tax) - Risk Management

- Business Valuations/Acquisition Integration - Legal

- Treasury/Cash Management - Private Equity Ownership

- Manufacturing Cost and Efficiency Improvements (ABC Implementation)

- ERP and IT System Selection/Implementation/Management (Oracle/SAP/Baan/Hyperion) Master of Business Administration – Finance and Marketing - Georgia Tech

(Ranked 33rd by Forbes and 29th by US News for MBA Programs in the U.S.) Bachelor of Science – Business Administration (Minor Psychology) – Presbyterian College Certified Management Accountant (CMA)

Professional Experience

2015-2016 Precision Southeast Inc. Myrtle Beach, SC Chief Financial Officer

CFO of a $50MM private equity backed plastics manufacturer, primarily injection molded automotive

(Tier 2) and home appliance applications. Responsible for all Finance and IT activities. Directed the integration activities of a $13MM acquisition, growing EBITDA from $1.5MM to $6.0MM annually through synergies as well as cost and efficiency improvements. Developed and presented financial models to external lenders and investors to obtain funding for this acquisition. Secured 338 election resulting in tax savings of $1MM. Negotiated over $1MM in local economic incentives to expand distribution facilities.

2013-2014 Quest Specialty Chemicals Inc. Charleston, SC Chief Financial Officer

CFO of a $250MM private equity backed specialty coatings (industrial and automotive finishes) and construction products manufacturer. Responsible for all Finance, IT and HR activities. Directed the integration activities of a $90MM acquisition, growing EBITDA from $32MM to over $50MM through new sales opportunities, cost savings, and other synergies. Developed and presented financial models to lenders and equity partners to secure funding for this acquisition. 2007-2013 Hilex Poly Co. LLC Hartsville, SC

Vice President Corporate Controller, Treasurer and Secretary (Co-CFO) Recruited to this $750MM plastics manufacturer (primarily grocery “t-shirt” bags) as part of a turnaround management effort. Part of the Office of the CFO, sharing duties of the top financial officer position. Responsible for Investor Relations, Treasury, Cash Management, and Corporate Accounting

(including taxes, financial statement preparation, and the activities of ten manufacturing locations).

• Directed the activities of a prepackaged bankruptcy filing in May 2008 to facilitate a $300MM debt for equity swap with former lenders. Affiant for all court filings, as well as direct court testimony. Led process to take company from bankruptcy filing to emergence in 63 days.

• Coordinated the Investment Process Review for subsequent private equity buy-outs in 2009 and 2012.

• Formulated profit improvement objectives to take company from a $33MM net loss position in 2007 to a profit in 2011 (EBITDA from $28MM to over $60MM). Rick P. Martin Page 2 of 2

• Maintained external financial relationships with lenders, private equity investors, an independent Board of Directors, as well as vendors and customers.

• Created and presented banking/road show presentations for lenders, potential equity investors and debt rating agencies (Moodys, S&P).

• Conducted quarterly call-in presentations to keep all invested parties up to date on company performance and forward strategy.

• Negotiated financial terms and covenants with lenders in five separate refinancing transactions, and ensured ongoing compliance with these agreements.

• Designed profit, working capital and liquidity models to minimize interest costs as well as take advantage of $5.0MM of purchase discounts annually.

• Directed external audits with no deficiencies or material weaknesses. 1999-2007 EMS-CHEMIE (North America) Inc. Sumter, SC Vice President, Chief Financial Officer – Thermoplastics Manufacturer CFO/CIO of a $125MM annual sales corporation with Swiss parent (total parent sales of $1.2B), reporting directly to a European Board of Directors. Primary markets of automotive (Tier 2), medical, and food packaging. Direct accountability for executing financial policies, both IFRS and U.S. GAAP, including corporate taxes (domestic and international strategies including Expatriates), internal and external audits, transfer pricing, budgeting and forecasting, legal, product costing/pricing, treasury, ERP selection, implementation and management (Oracle) and IT Security and Disaster Recovery.

• Redesigned and implemented an internal control and functional process system within IFRS guidelines, encompassing all areas of the organization.

• Successfully completed two IRS audits with no adjustments.

• Prepared cost segregation studies generating tax savings of $2MM annually.

• Designed and implemented a transfer pricing control system to ensure conformity to IRS Regulations; company had been convicted of irregularities in this system and served with criminal penalties prior to my arrival.

• Secured duty-free and duty preferences saving more than $1.0MM annually.

• Liaison with Local and State Development Boards securing tax incentives of $0.5MM annually.

• Secured exchange rate hedging contracts with annual savings of $0.5MM. 1996-1999 Hoechst Celanese Rock Hill, SC

Manufacturing Plant Controller - Textiles

Site Champion for the implementation of the SAP ERP system. Identified, implemented and tracked plant-wide cost reduction initiatives totaling over $2.5MM per month. Developed and maintained an Activity Based Costing database for profitability modeling of all manufactured products. 1994-1996 Tesa Tape Charlotte, NC

Director of Business Planning – Adhesive Tape Manufacturer Directed the corporate planning and strategy activities of a U.S. subsidiary (German parent) with sales of $150MM annually. Designed customer, product profitability and competitive models to identify opportunities (in both new and existing markets) and track company performance against similar firms. 1992-1994 Canteen Food and Vending Spartanburg, SC Assistant Divisional Controller – Restaurant, Stadium, Vending, Hotel/Tourism Responsible for the financial analysis, forecasting, and M&A activities of eight regions representing

$425MM of annual sales. Initial evaluation, due diligence and integration of three acquisitions. 1988-1992 NCR Columbia, SC

Financial Specialist – Mainframe Computer Manufacturer Rotated through several positions of increasing responsibility, including standard costing, cost estimation, market pricing analyst, and business unit controller. Implemented a plant-wide Activity Based Costing (ABC) model to accurately identify key cost drivers in the manufacturing process.

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