Finance Executive

Timothy W. Laughlin, CTP, CPA

***** ********** ***, *** *****, CA 92130

858-***-**** ***********@***.***

SUMMARY

Versatile finance executive with strong business acumen. Self-motivated,

positive team builder that drives alignment and execution of business

objectives through development and adoption of a shared vision, delegation,

accountability and support. Data driven leader that is flexible and

creative in approaches to problem solving and people management.

Areas of expertise include:

Capital Structure Strategy

Financial Planning and Business and Corporate

Analysis Development

Risk Management Process Improvement

Accounting Leadership and Communication

Treasury Operations People Management and

Development

P&L Responsibility Vendor and Partner Management

Objective is to transition back into an executive leadership role of a

small or medium high growth company

EXPERIENCE

Leap Wireless International / Cricket Communications, Inc., San Diego, CA

(10/05 - 07/14)

Prior to being acquired in 2014 by AT&T for $4B, Leap was a Fortune 1000

publicly traded company, founded in 1998 and recapitalized in 2005.

Cricket was a wholly owned subsidiary of Leap that built and operated

wireless networks. Cricket networks covered over one-third of the US

population and provided nationwide service through over 100 roaming

agreements. Approximately three-fourths of Cricket's revenue was dependent

upon its dealer distribution channel. At its peak, Cricket employed over

4,000 personnel and approached $3B in revenues.

ACTING TREASURER (07/13 - 07/14)

ASSISTANT TREASURER (02/09 - 07/13)

. Led teams responsible for debt and equity capital raises exceeding

$2B, a key enabler to expansion and growth

. Created active management of working capital - $1B current assets /

$500M current liabilities: extended DPO, reduced DSO and improved

forecasting, delivering positive free cash flow for first time in

company history

. Created credit and collections department to manage over $350M annual

sales. Improved profitability of national dealer channel representing

>$1B annual revenue by improving financial oversight, on-boarding

efficiency, communication and collaboration with sales operations,

capturing revenue leakage and reducing losses

. Insourced dealer credit program to optimize sales vs. risk trade-off,

increasing risk 3x while decreasing losses 85%

. Conceptualized and drove launch of multi-product consumer financing

program designed to serve >1M customers per year and generate >$125M

EBITDA by 2015

. Improved regulatory compliance and reporting within Tax, TechOps and

Accounting: annual savings >$500k

. Cost and efficiency improvements in multiple banking and payment

processing relationships: annual savings >$1M

. Created counterparty risk evaluation, loss mitigation and continuity

planning for $2B annual vendor spend

DIRECTOR JOINT VENTURES AND BUSINESS DEVELOPMENT (07/07 - 02/09)

GENERAL MANAGER JOINT VENTURES (10/05 - 07/07)

. Evaluated investment opportunities totaling >$2B, directed due

diligence, contract negotiations and integration

. Identified needs and directed establishment of joint venture processes

and system modifications across all functional areas - launched 15

markets covering 22M potential customers representing >$1B invested

capital

. Designed and oversaw joint venture compliance to ensure financial and

contractual commitments were met

. Managed joint venture relationships to ensure continued alignment and

ability to execute to agreed-upon objectives

. Maximized tax benefits of joint ventures and solved potential audit

issues related to deal structures

. Developed strategic partner / affiliate program to monetize unutilized

spectrum covering 20M potential customers

H&R Block, Kansas City, MO

(10/02 - 10/05)

Fortune 500 publicly traded company. During this period, franchisees

represented nearly 50% of revenues and the majority of revenue and EBITDA

growth were generated from add-on financial products and services.

MANAGER SETTLEMENT PRODUCTS (03/04 - 10/05)

MANAGER DECISION SUPPORT (04/03 - 03/04)

SENIOR FINANCIAL ANALYST (10/02 - 04/03)

. Responsible for over $50B annual processing volume, including >$13B

consumer lending products

. Identified and implemented product enhancements, reducing bad debt and

increasing profitability >$10M per year

. Finance and product leader of team that realized $150M annual savings

through renegotiation with banking partner

. Identified gap and spearheaded enterprise-wide key metric senior

management reporting during critical sales period

. Matrix managed cross-functional team of >50 personnel: collaborated to

achieve business and financial goals

Leap Wireless International / Cricket Communications, Inc., San Diego, CA

(05/01 - 10/02)

Early-stage company founded in 1998. Began as a spin-off from Qualcomm of

undervalued assets. Divested non-strategic assets and grew the Cricket

wireless footprint from Chattanooga, TN to cover over 10% of the US

population. Began restructuring process in 2002 and entered Chapter 11

bankruptcy in 2003.

MANAGER CORPORATE FINANCE

. Transformed role from pure capital raising into tool enabling rigorous

financial planning, forecasting and liquidity management: resulted in

better decision making and communication with stakeholders

. Supported capital raising activities, covenant compliance and investor

relations (>$3B debt and equity)

. Analyzed and monitored implications of different growth strategies on

complex covenants for loan facilities >$2B

. Performed due diligence, created financial models to assess ROE, DCF,

IRR and NPV of strategic initiatives

. Key team member of quarterly analyst call preparation and

renegotiation of lender agreements

FriendlyWorks Inc., Lenexa, KS

(11/98 - 05/01)

Startup software company focused on enabling connectivity and usability for

non-computer users through uniquely intuitive email and Internet

interfaces. Grew to 49 employees, executing flawlessly in phase 1 to serve

99 retirement communities across the US. Capital market crash in 2000 made

funding unavailable during critical phase of working capital need - when

company had not reached tipping point of positive cash flow.

FOUNDER, DIRECTOR AND VICE PRESIDENT FINANCE

. Created business plan, oversaw all investor and financial matters

through 3 capital raises ($7M) and dissolution

. Designed and implemented all finance, accounting, tax and

administrative functions for corporate and field

. Developed cross-functional requirements, assessed, selected and

implemented all mission critical systems

. Created multi-state employee performance review, retention, incentive

and benefits programs

Arthur Andersen LLP, Atlanta, GA

(09/95 - 11/98)

SENIOR ACCOUNTANT, ENTERPRISE GROUP (09/97 - 11/98)

EXPERIENCED ACCOUNTANT (09/96 - 09/97)

STAFF ACCOUNTANT (09/95 - 09/96)

. Hand-picked to join group focused on startup/high-growth companies

with annual revenues from $0-$200M

. Multiple $100M-$200M IPO's - managing globally dispersed due

diligence, auditing and SEC reporting teams

. Conducted audits for Olympic organizations, identifying risks and

developing new fieldwork methodologies

. Key participant in firm's best recruiting year ever at Wake Forest

University

. Repeatedly chosen as mentor by staff persons; 0% turnover of over 20

direct personnel; selected every year to train 500+ staff, interns and

recruits in centralized international training facility

EDUCATION

B.S. Business and Accountancy (cum laude) - Wake Forest University; Winston-

Salem, NC - 05/95

Internship - KPMG Peat Marwick; Brussels, Belgium - 12/93 to 04/94

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