GEORGE W. NAGEL
** **** *** *****, ***** Springs, GA 30328
***********@*****.***
PROFESSIONAL PROFILE
Proven and results oriented business partner and leader with over 20 years of increasing responsibility and international exposure in public, private equity and startup companies. Highlights: U.S. GAAP, IFRS, SEC reporting, change management, business transformation, process improvement, ERP implementations, internal controls, team building, strong manufacturing background, fluent in English & Spanish, MBA and CPA (inactive). Recognized for building strong organizations, outstanding controls and talented people. “Hands on” executive that leads by example, fosters team work, and collaboration at all levels and functions.
PROFESSIONAL EXPERIENCE
Exide Technologies – Atlanta, Georgia December 2018 – Present
Exide Technologies is a leading manufacturer of lead-acid batteries for the transportation and industrial markets.
Senior Director, Finance Controller – Americas
Improved the control environment and the cash flow forecast process
Regional restructuring
Exin Group – Barcelona, Spain October 2016 – July 2018
Exin is a startup focused on delivering creative insurance solutions.
Senior Director of Finance
Built the finance department to support EXINs pan-European expansion
Developed the finance target operating model and delivered on milestones
Built the finance team, corporate policies, accounting processes, the shared service center supporting 10 entities in 6 countries and implemented ERP systems (Sage & Oracle)
Managed post-acquisition integration
External financial reporting for consolidated and legal entity statutory reporting
Closure Systems International (CSI) – Barcelona, Spain October 2010 – September 2016
CSI is one of the world’s leading global manufacturers of plastic closures and capping equipment with 28 locations in 23 countries and more than $1 billion in annual sales. CSI is currently owned by a New Zealand based private investor and was formerly a business unit of ALCOA (Aluminum Company of America).
Region Controller – Europe, Middle East & Africa (EMEA) April 2014 – September 2016
P&L responsibility for a $200 million business that operated 7 manufacturing locations, in 7 countries, and sold into 117 countries. Responsibilities included the full breadth of accounting and finance including the control environment, financial planning and analysis, forecasting, managing external audits, financial and management reporting, tax provision, tax packages, transfer pricing, business modeling, and tax projects. Accomplishments included:
Expanded responsibilities to include Europe, Middle East and Africa
Seamlessly integrated the Middle East and African businesses into the European business
Designed and implemented actions that improved region profitability and cash flows
Recognized for building strong organizations, outstanding controls and talented people
Selected to serve as a member of the executive leadership team and served as board member
Recognized as the “go-to” person for a broad range of financial and non-financial issues
Implemented Oracle in 3 locations (UK, Bahrain & Egypt)
Supported sell and buy side diligence
Region Controller – Europe October 2010 – March 2014
P&L responsibility for a $240 million business that operated 5 manufacturing locations, in 5 countries.
Member of the regional lead team that accelerated strategic execution that resulted in improved organizational performance; increasing regional EBITDA and EBITDA as % of sales while improving working capital.
Matrix reporting to the Chief Financial Officer and Region General Manager
Designed and implemented actions that significantly improved region profitability
Stabilized the Russian business and improved the control environment
Optimized tax compliance, saving $250k per year
Strengthened risk management and led improvements to internal controls, tax and treasury
Implemented improvements related to profitability by customer, tender and pricing support, quality and claim reporting, resin hedging and new product introductions
Appointed Interim General Manager, Europe from November 2013 to March 2014
Ensured compliance with IFRS, as well as local statutory and tax requirements
Vestas Wind Systems – Madrid, Spain November 2009 – September 2010
Vestas is a publicly listed multinational manufacturer of wind power systems with annual sales of $9 billion.
Head of Reporting, Mediterranean (Southern Europe & South America)
Prepared the monthly close and financial reporting in compliance with IFRS for a 2 Billion Euro region
Liaison for technical accounting and policy as well as hedging of foreign currency exposures
Developed the internal reporting package for senior management including the consolidation of 10 business units
The Lincoln Electric Company September 2004 – October 2009
Lincoln Electric is a publicly listed multinational manufacturer of welding equipment and consumables with annual sales of $2.5 billion, with 48 locations in 19 countries.
Manager, External Reporting – Cleveland, Ohio, U.S. January 2008 – October 2009
Prepared U.S. SEC regulatory filings including forms 10-K, 10-Q, 8-K and 11-K and implemented newly issued U.S. Generally Accepted Accounting Principles (U.S. GAAP)
Primary liaison for technical accounting and policy issues including the preparation and maintenance of corporate policies.
Prepared financial models and business valuations for 4 business acquisitions
Performed impairment testing for goodwill, intangible and long-lived assets
Manager, Internal Audit – Cleveland, Ohio, U.S. April 2006 – December 2007
Developed and executed the global audit plan that included Sarbanes-Oxley compliance, operational audits, and special investigations
Responsible for audit committee reporting, audit deliverables and the coordination of external consultants for staff augmentation, as well as coordination with the external auditors
Controller, Southeast Europe – Genoa, Italy September 2004 – March 2006
Responsible for three businesses units that manufacture welding machines, welding consumables and safety accessories with annual sales of $100 million
Improved strategic focus and working capital while providing quality on time financial reporting, and ensuring compliance with Sarbanes-Oxley and statutory requirements
Led the sale of a non-core unprofitable business unit
La Caixa - Caixa Network June 2000 – August 2004
A corporate venture capital entity owned by La Caixa, one of Europe’s largest Banks with assets of $410 Billion.
Investment Manager – Barcelona, Spain
Developed and managed Caixa Network s investment activities in Spain, Germany, and the United States, and served on the executive committees of portfolio companies
Identified, selected, and negotiated investments in the telecommunications, technology and financial services industries
Analyzed business plans, synthesized investment opportunities, prepared financial models to value companies, and presented investment and divestment opportunities to senior management
PriceWaterhouseCoopers LLP (PwC)
A multinational professional services network in 157 countries with 195,400+ people and annual sales of $34 billion.
Senior Associate – Cleveland, Ohio, U.S. – August 1995 – June 1998
Planned, executed and supervised financial audits in accordance with U.S. GAAP and IFRS
Provided assurance services related to public stock offerings, SEC compliance, and due diligence on client acquisitions
EDUCATION, CERTIFICATION & LANGUAGES
Harvard Business School Executive Education– Boston, Massachusetts, U.S. – Global Strategic Management, 2014
IESE Business School – Barcelona, Spain – Master of Business Administration, 2000
Miami University – Oxford, Ohio, U. S. – Bachelor of Science in Business Administration, Major in Accounting, 1993
Certified Public Accountant (CPA) – License number 34582 (inactive), November 15, 1996
Languages: English (mother tongue), Spanish (fluent), Catalan (fluent), Italian (basic)