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Executive Financial

Location:
Whitehouse Station, New Jersey, United States
Posted:
January 15, 2019

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Resume:

Daniel Upperco

Califon, New Jersey ***** USA

908-***-****

ac77qj@r.postjobfree.com

https://www.linkedin.com/in/danupperco

Chief Financial/Operations Officer - Two successful turnarounds in private equity owned companies with a monetization and sale to a publicly listed company and then a global start up with multiple acquisitions, operational workouts and corporate integrations. Recruited by a sovereign wealth fund, Mubadala, to help drive value in a multi-sector, thirty plus country portfolio. Verifiable, clean slate record of integrity, adaptability and achievement as an executive serially appointed to manage businesses in different industries and life-cycle stages. Senior leadership and peer chosen “Mubadala Award” winner (employee of the year) consecutive years in the individual and team categories. A natural coach that leads plan execution, transformation and accountability.

SUCCESS FACTORS / KEY ACCOMPLISHMENTS

Value Creation and Risk Management

Deployed as CFO to manage a distressed $1.7 billion passive investment in Brazil that evolved to acquiring and integrating eight companies to shore up value leakages. Managed the risk in crisis and stabilized the investment to the initial 12% IRR envisioned by the Board of Directors

CFO appointment to a distressed portfolio joint venture company for restructure and sale to a FTSE 100 (Serco, LSE:SRP). Managed the risk and opportunities during restructure, recommended to the Board an organic wind-down of two segments, and then stabilizing the third segment for sale. Operationalized the workout, wrote investment memorandum and helped facilitate the sale from bidding to post-close financial and operational divestiture which generated an unplanned USD low eight figure cash flow and accounting gain, an IRR of 280%+, an equity exit multiple of 2.4x

Increased earnings of a joint venture by over $115 million in equity pick up and net income gain over a two-year period by recommending and then persuading internal and external stakeholders to implement changes in operations and accounting on a $1.3 billion asset

Improved the performance of multiple portfolio companies by creating an accountability culture based on performance, milestone management and KPIs for better decision making

Entrepreneurial and Intrapreneurial Know-How

CFO/COO for five start-ups with three achieving financial and operational success. Three startups still going concerns while the fourth realized success including an unprecedented equity raise through a private placement memorandum (PPM) and a Wall Street roadshow

Set up the first foreign office for a global sovereign wealth fund which to date has acquired and integrated eight Brazilian companies valued at more than $1.4 billion into an IFRS compliant $125 billion corporate structure with fully disclosed, published results

Transitioned a beleaguered research division into a market focused product development group (AT&T/Bell Labs) by changing an outdated “ring fenced” product development culture to one based on teaming, skill set sharing, measuring all deliverables and cadenced operational reviews

World Class Financial and Operations Experience

Challenging roles in high-value assets for different portfolio groups and companies in North and South America, Middle East and Europe (five countries)

Worked for three Fortune top 40 companies and recruited specifically for two of their “Best-in-Class” executive training programs

Senior Trader for a Wall Street precious metals and commodities firm managing institutional clients

Integrated global companies into financial compliant corporate structures and created reporting foundations enabling visibility, transparency, timeliness and accuracy in financial reporting

DAN UPPERCO Page Two

Perceptive and Experienced Business Needs Communicator

Expertise assessing and procuring the optimal type and amount of funding for projects, product lines, business units and enterprises. Successfully closed deals utilizing a creative range of funding options including corporate procurement, government technology/development grants, traditional (commercial and investment banks), non-traditional, off balance sheet (sale lease back, tax loss carry forward sale, invoice factoring) and private equity (Regulation D, venture capital, angel investors)

Leadership, Attitude and Intangibles

Former “A league” professional athlete with Ivy League and graduate degrees

Balanced “Executive Skill Set” honed by career achievements and diverse life pursuits

“Mubadala Award” winner consecutive years - 2016 (team/company) and 2015 (individual/unit level)

PROFESSIONAL EXPERIENCE

Mubadala Development Company; Abu Dhabi, UAE and Rio de Janeiro, Brazil (1/10-4/18)

Recruited from the USA to help build and manage “World Class” financial organizations for a premier global sovereign wealth fund. Serially placed in challenging business roles for the strategic investment arm of the Abu Dhabi government that operates as a private equity and development company with investments in over 100 companies and 30 different countries. Considered the premier UAE employer.

Officer / Partner (CFO) Mubadala Consultoria Financeira (Rio de Janeiro, Brazil (5/14-1/18)

Tasked with dual mandate of helping team manage $2b of distressed companies and setting up company’s first foreign office in an extremely challenging work environment. Portfolio of companies include industrial, mining, logistics, entertainment, real estate and management consulting.

Senior Vice President, Aerospace, Communications Technology & Defense Services (4/12-4/14)

Appointed to senior finance executive role overseeing seven global portfolio companies with numerous multinational partners and customers, 2012 revenues of over $1.6b and assets of $3.7b. Portfolio surpassed 2012 EBITDA and Net Income corporate commitments by mid eight figures.

Chief Financial Officer, JBI Properties Service Company (a Mubadala company) (2/11-3/12)

Appointed CFO to a wholly acquired facilities management and development company with mid eight figure revenues and over 200 employees. Managed the transformation, integration, restructuring/wind-down of two business segments and packaging for eventual successful sale to Serco (SRP:LSE).

Senior Vice President, Mubadala Real Estate and Hospitality Group (1/10-1/11)

Placed in largest Mubadala division with a 5-year capital expenditure plan of $5b. Implemented first monthly reporting package, performance indicators, benchmarks and milestone management.

Financial Recovery Services; South Hackensack, NJ (5/09-12/09)

Chief Operating Officer

Project managed different teams on financial, tax and legal consulting projects for this cash generation and expense reduction-consulting firm with responsibilities for new partnerships, business development, strategic planning, forecasting and managing all financial and operational aspects of this start up.

Virgin Mobile USA; Warren, NJ (5/08-5/09)

Director, Business Planning / Business Cases

Managed the annual and strategic planning processes along with the economic valuation of new business initiative analysis for this socially responsible $1.2b mobile technology company. Responsibilities included strategic planning, forecasting and managing all aspects of the planning cycle.

Avaya, Small & Medium Business Solutions; Liberty Corner, NJ (3/05-5/08)

Director, Finance Business Partner (Division / Function CFO responsibilities)

Senior Financial team member for this $622m SMB division with full I/S and B/S responsibilities.

Financial operations responsibilities included eight product lines, product lifecycle management, R&D

investment allocations, sales promotions & incentives.

DAN UPPERCO Page Three

LookOut Learning, Locust Valley, NY (11/04-3/05)

Consulting - Chief Operating Officer / Chief Financial Officer

Partnered with founding CEO to implement strategic, operational and financial plans for this educational and tutorial software company focusing on state school systems and corporations.

Cares Built; Keyport, NJ (5/00-9/04)

Chief Operating Officer / Vice President of Finance / Treasurer

Led the financial and operational teams for this medical device / biotechnology company developing, manufacturing and selling imaging products and services for the medical markets, DoD & industry. Doubled distribution network, licensing negotiations, doubled sales, led private equity raise of $12m.

AT&T, Lucent and Bell Laboratories; multiple New Jersey locations (6/90-5/00)

Director, Business Management and Operations in Research and Development

4 promotions after completing recognized “Best in Class” Financial Leadership Development Program. Units contributed to include Consumer, Business and a R&D laboratory with 300 engineers and $1.2b in revenue.

MTB Banking Corporation; New York, NY (5/87-9/89)

Senior Salesman and Trader Bought and sold industrial and precious metals.

International Paper Company; New York, NY (1/86-5/87)

Finance Manager Hired into the Management Training Program for this Fortune top 30 natural resource and forestry company. Second largest private landowner in the US.

National Football League, Los Angeles Raiders; El Segundo, CA (1985)

Player - Tight End Signed 1-year contract upon graduation. Played in pre-season & sustained injury.

EDUCATION

Columbia University, New York, NY 1985. BA in Economics, Dean’s List, Chosen as Class Marshall for graduating ceremonies by the Faculty

Rutgers University, Newark, NJ 1991. MBA in Finance. Awarded Two-Year Graduate School of Management Scholarship from the State of New Jersey

Ashridge Management College, Berkhamsted, England, Baruch College, New York, NY, Seton

Hall University, South Orange, NJ. Graduate level course work in multiple business disciplines

PRESENTATIONS / HONORS

“Mubadala Award” 2016 in the team category company-wide and 2015 (individual category) at the Group level, Global Ambassador of Sport for Development at the United Nations Summit NY 2014, Panelist - NextLevel Sports & Business Conference NY 2014, Innovation Enterprise Award (team) for Excellence in FP&A Business Partnering 2013 - Association of Financial Professionals CA, Presenter/Speaker - The Harvard Club NY, Pricewaterhouse Coopers Quarterly Venture Capital Conference NY, Venture One Premiere - San Jose, CA, Early Stage East Venture Capital Conference, All American & Ivy League Tight End, Columbia University Smythe Cup Award (MVP)

MEMBERSHIPS / ACTIVITIES / LANGUAGES

Vice President/Treasurer NFL Retired Players Association NY/NJ Chapter (3 terms), NFL Alumni Association, Sole proprietor antiques business; Emirates Natural History Group – Former Chair, Non-Profit Officer for two perpetual higher education scholarships; New Jersey Real Estate License; Former Iron Worker- Union Local 545; NFL sponsored charities and scholarships fundraiser

Languages – English (native), Portuguese (advanced), Spanish (intermediate)



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