Post Job Free

Resume

Sign in

CFO

Location:
Knoxville, TN, 37922
Posted:
June 28, 2014

Contact this candidate

Resume:

MARK C. WEIDMAN

***** ****** ***

Knoxville, TN *7922

Cell: 607-***-****

E-mail: acersf@r.postjobfree.com

Senior Executive with broad international experience in financial administration, strategic planning, operations analysis, business

development, acquisition and divestiture due diligence, corporate legal, performance measurement and management information

systems installations and enhancements in multi-site manufacturing subsidiaries of a Fortune 100 conglomerate.

As CFO, key focus on review of operating plans and performance of business units, interpreting results and recommending

actions to the CEO as appropriate. Strong business acumen, operational background and understanding developed through career

growth with an emphasis on cost and manufacturing accounting.

• Partner with the CEO to develop key strategic direction of the business and assist in execution and oversight of the

supporting tactical elements.

• Work with other key members of the management team to ensure the success of the business short and long term.

• Involved in strategic planning, business development, acquisition analysis and management of operations in North

America, Europe, Asia, Mexico and Latin America.

• Assisted in the development and implementation of several restructuring projects including, distribution center

consolidation, product line divestiture/outsourcing, facility rationalization and major organization re-alignments.

Significant experience in development and implementation of systems and processes to increase productivity and profitability

• Directed implementation of Oracle ERP Systems for FloDesign, operational in 6 months.

• Directed implementation of Oracle Financial Systems for domestic company.

• Directed implementation of pilot Oracle AP Shared Service Center for Emerson.

• Directed implementation of integrated ERP system for $240 million business.

• Directed multi-site mainframe and PC based functions for large data base systems and distributed processing networks,

implementing numerous upgrades and conversions that substantially reduced costs and improved operations.

• Member of Division Supply Chain Steering Committee with responsibility for review and approval of all related

initiatives in manufacturing operations systems planning and development.

J.L. Kellogg Graduate School of Management, Northwestern University, Management Institute.

Villanova University, B.S. Accounting.

EXPERIENCE

Ogin Energy Inc., Waltham, Mass. January, 2013 to Present

Global, Venture Capital backed, pre-revenue designer and manufacturer of unique and highly efficient wind turbine. Lead

investor: Kleiner, Perkins, Caulfield, Byers; John Doerr, Partner, serves as Chairman of the FloDesign Board

Chief Financial Officer, reporting to the CEO

• Direct responsibility for financial accounting, FP&A, Legal, IT.

• Key member of the senior management team

• Provide significant input to CEO on future vision and direction of company.

• Work with other key staff, board members and external constituencies such as investors, analysts, bankers and auditors.

• Responsible for Oracle ERP implementation

• Develop processes in support of scaling to $150 million of annual revenue in 2014.

Power Transmission Solutions, Division Emerson Electric, Florence, KY October, 1999 to December, 2012

$650 million manufacturer of mechanical industrial power transmission and automation equipment.

Vice President Finance, Business Development and CFO reported to the President October, 2008 to October, 2012

• Added direct responsibility for acquisitions and divestitures to existing responsibilities

• Successfully lead acquisition initiative of $100m international company closing deal 12/08

• Provide significant input to CEO on future vision and direction of EPT especially in terms of company makeup.

• Work with Director Development and other key staff identifying and pursuing acquisition candidates.

Vice President Finance and CFO reported to the President October, 1999 to October 2008

• Re-established leadership of CFO office in de-centralized organization structure.

• Established Direct O.P. as key measure for operating units.

• Helped transition entire organization from de-centralized to functional.

• Oversaw implementation of Financial phases of Oracle ERP.

• Participate on cross functional team with oversight responsibility for Oracle ERP implementation company-wide.

• Successfully re-negotiated JV agreement with Japanese partner doubling the size of the joint venture to $150m.

• Participated in the successful acquisition of a $25m privately owned Spanish company in key strategic product space

complimenting fastest growing business segment within EPT.

• Helped manage EPT through worst recession in company history while developing far ranging facility rationalizations

and restructuring of the business including global expansion.

• Participated in successfully reaching acquisition agreement with $100m European company in adjacent product space

positioning EPT as a leader in an industry marginally penetrated previously.

• Oversaw implementation of internal controls and documentation requirements for Sarbanes-Oxley compliance.

Automatic Switch, Division Emerson Electric, Florham Park, NJ. March, 1997 to October, 1999

$450 million manufacturer of solenoid valves, pneumatic valves and transfer switches.

Vice President Finance and CFO reported to the President

In-Sink-Erator, Division Emerson Electric, Racine, WI. March, 1996 to March, 1997

$240 million manufacturer of food waste disposers.

Vice President Finance reported to the President

Commercial Cam, Division Emerson Electric, Wheeling, IL. April, 1993 to March, 1996

$90 million manufacturer of mechanical and electronic motion control and automation equipment.

Vice President Finance reported to the President

Emerson Power Transmission, Division Emerson Electric, Ithaca, NY. April, 1983 to April, 1993

(Emerson acquired Morse from Borg-Warner in January, 1983)

$650 million manufacturer of mechanical industrial power transmission and automation equipment.

Morse Chain, Division Borg-Warner Corporation, Ithaca, NY. May, 1977 to April, 1983

$240 million manufacturer of mechanical industrial power transmission products and automotive components.



Contact this candidate