JOHN W. FREEMAN
Fairfax Station, Virginia 22039
Home Office 703-***-****, Cell 703-***-****
************@*******.***
A "Dedicated" CFO/Director with twenty-five (25) plus years of knowledge
with both General Electric Company (Fortune 5) and entrepreneurial company
experience coupled with the personal traits of intelligence, drive and
perseverance - an effective leader with proven results.
EDUCATION
University of Rhode Island, MBA in Business Admin. B.S. Finance.
General Electric Company, Financial Management Training Program (FMP),
Corporate Audit Staff.
PROFESSIONAL EXPERIENCE
In my entrepreneurial positions, as a Chief Financial Officer with high
growth Gov/Con and Technology firms, I learned to wear multiple hats and
apply creative solutions. My accomplishments include:
. Obtained a Federal Security clearance,
. Conducted comprehensive due diligence process, resulting in the BOD
rejecting an acquisition after the final contract was negotiated,
. Renegotiated several T&M contracts from breakeven to 8% EBITA,
. Influential in developing product strategy changing a software system
house - increasing gross margin and minimizing risk,
. Secured multiple Lines of Credit - $5M (LOC) at Prime rate with
minimal personal guarantee,
. Successfully directed six (6) DCAA, IRS, GSA and DOL audits with no
financial or compliance impact,
. Extensive skills and knowledge of FAR, CAS, DFAR and GAAP,
. Established multiple European subsidiaries and a reseller agreement,
. Lead price, cost, and compliance sections for a seventy five (75)
Request for Proposals (RFP),
. Negotiated 39%, 17% in health benefits and life insurance long/short
term disability, respectively, resulting annual savings $500K without
changing providers,
. Implemented Deltek GCS Premier and a secure IT infrastructure for
multiple sites,
. Issued and negotiated 25 NDA, Teaming and Subcontract Agreements and
Task Orders,
. Implemented Estimate to Complete (ETC), Estimate at Completion (EAC)
and Earned Value Management (EVM) to proper reflect financial results,
. Successfully obtained two (2) GSA Schedules resulting in $500K in
revenue,
. Defined metrics to measure and set goals for improvements resulting in
$350K improvement in gross margin,
. Reviewed on - going program and financial results for cost savings and
lessons learned,
. Established new and managed multiple company locations,
. Implemented budgets and goals and prepared analysis of performance
with narrative.
John W. Freeman
At General Electric Co. and Data General Corporation (Fortune 500), I
demonstrated tangible results because I was promoted rapidly. Some of my
accomplishments include:
. Strong skills and knowledge of standard, job, and process cost
methods, physical inventory, LIFO/FIFO,
. Achieved "best of best" recognition in GE Financial Management
Training Program which included rotation assignments in finance and
graduate courses,
. Identified ways to cost reduce products with $350K annual savings,
. Implemented product life cycle costing with price and cost targets,
. Reduced PCB assembly and test time from four (4) weeks to five (5)
days through $10.5 M automation project,
. Implemented the ERP system for the automated factory,
. Financial lead for $125M procurement with Dept. of Agriculture,
. Worked with Engineering to reduce rework and scrap costs with $128K
annual savings,
. Streamlined month end closing process from five days to two (2) days,
. Worked with engineering to stabilize product release to manufacturing
saving $580K annually,
. Evaluated make vs. buy, product private branding and joint ventures,
. Directed the acquisition for a public traded company,
. Lead three (3) year strategic and financial plan for spin-off
division at Data General,
. Spearheaded sell process of an operating division,
. Developed and implemented zero base budget,
. Implemented make/buy analysis and private branding products options
with Far East companies vendors and competitors,
. Managed purchasing process and calculated purchase price variance
(PPV)
. Managed and mentored staff of forty two (42) employees with four (4)
directs reports.
Employment History
. Interim CFO /Real Estate Development and investor (6/2011
- Present)
. VW International, Inc. $35M Gov/Con, Chief Financial Officer (12/2006
- 5/2011)
. SET Corporation, $18M Gov/Con, Chief Financial Officer
(2005 - 2006)
. Market Development Group ($30M) Direct Mail - Diabetes Research
& Wellness Foundation ($9.5M), Chief Financial Officer
(2002-2005)
. Riveon Corporation, Venture Backed Start-up, Chief Financial Off
(2000 -2002)
. Storm Control Systems, Inc. $30M Gov/Con, Chief Financial Officer
(1995- 2000)
. NPRI, $12M Software - Cybergraphic Systems, Inc., $9M Software,
Data General Corporation, $1.3B Software and Hardware,
General Electric Co., $150B, Conglomerate
Underline - Companies acquired
Summary
. CFO - Gov/Con and Technology skills and experience,
. Finance, Admin, Contracts, HR, IT, & Facilities responsibilities,
. Strategist and Business Partner,
. Skilled Contract and pricing strategist,
. High energy, integrity and credibility,
. Buy/sell side M&A skills.