VP of Finance/CFO

JIM BRANDON

(***) *** - **** **** Stonebridge Circle, Park City, UT. 84060 **************@*****.***

GLOBAL FINANCE EXECUTIVE

GLOBAL EXPERTISE IN US/EUROPE/ASIA/LATIN AMERICA

Global finance and accounting executive with 20+ years of experience in retail and

entertainment. As VP/CFO managed financial and strategic planning, annual

budgeting and accounting and treasury for small and large operations ranging from

$60 million to over $1.5 billion and 1,000+ stores. Worked and lived in both Asia

and Europe. Managed teams from 10 to 2,000 direct and indirect reports in both

public and private companies ranging from $60 million to $30 billion in revenue.

LEADERSHIP HISTORY & PERFORMANCE

PHILIPS ELECTRONICS, Amsterdam / Boston, 2012–2014

$30 billion diversified technology company focused on healthcare, consumer products

and lighting

VICE PRESIDENT OF GLOBAL FINANCE OPERATIONS

Directed $130 million global finance organization performing A/R, A/P, general

ledger, statutory and fiscal reporting, related internal controls and rule based

management reporting

Selected Achievements:

• Led financial planning and analysis for $130 million spend cost center of global

shared service finance organization including annual budget, variance to budget

and monthly, quarterly and annual management reporting to corporate CFO.

• Restructured finance organization from 30 satellite locations to 17 central finance

“hubs” resulting in over $5 million in annual savings

• Improved global accounting overall efficiency KPI from 54% to 71% with targeted

projects enhancing the accuracy of month end close process, a 30% increase in

payments on time and 20% reduction in outstanding accounts receivable

STARBUCKS COFFEE COMPANY, SEATTLE, WASHINGTON, 2005-2012

VP/CFO & MANAGING DIRECTOR SE EUROPE, ATHENS, GREECE, 2010-2012

Determined strategic vision and managed finance for the 90 store Starbucks

operation in Greece, Cyprus, Romania and Bulgaria with direct line responsibility for

supply chain, IT, marketing, operations, store development and HR. Managed and

mentored 11 direct reports and 1,300 indirect reports.

Selected Achievements:

• Increased bottom line results by 10% and achieved highest net income year in

Starbucks Cyprus history in FY11 with 10%+ comparable store sales

• Posted highest net income year and first NI positive year in Starbucks Romania

history in FY11 with 20% + comparable store sales

JIM BRANDON

Lifted store operations and cleanliness standards from the bottom of Starbucks

•

Europe to top 5%

Restructured and galvanized leadership team resulting in one cohesive voice

•

VP & CFO Swiss/Austria AND SE EUROPE, ATHENS, GREECE, 2009-2010

Promoted to lead the finance integration of this 150 store, $150 million retailer

Reporting directly to the Board of Directors responsible for the strategic direction,

development and leadership of financial & strategic planning & analysis, accounting,

tax, treasury, budgeting, IT, supply chain and legal.

Selected Achievements:

• Managed two distinct finance teams composed of 20 people located in three

offices; Zurich, Switzerland, Vienna, Austria and Athens, Greece

• Consolidated planning & reporting from two clusters: one in Swiss/Austria and

another in SE Europe into a single shared service center located in Greece

• Consolidated accounting for Switzerland & Austria from two distinct teams

located in each country into one shared service platform located in Switzerland

• Outsourced back office accounting function in Romania & Bulgaria to third party

• Streamlined closing from more than one month to eight days (US GAAP & IFRS)

• Improved bottom line performance in Switzerland by 10M CHF from 2008 to 2010

(from CF negative to CF positive). Entity sold for over $100M in 2011

Finance Director & CFO Swiss/Austria, ZURICH, SWITZERLAND, 2008-2009

(INTERIM MANAGING DIRECTOR, 2008-2009)

Led financial and administrative functions for this 60-store retailer in Switzerland &

Austria. Directed accounting, budgeting, treasury/banking, tax

planning/compliance, supply chain, IT and legal functions. Managed a team of 11

with 5 direct reports and 6 indirect reports located in Switzerland and Austria.

Selected Achievements:

• Managed all operating and strategic functions as Interim Managing Director with

nine direct reports and 700 indirect reports

• Restructured accounting function reducing closing from twenty to eight days with

key process changes and implementation of paperless invoice approval system

• Consolidated financial planning and reporting from two offices (countries) to one

shared service center in Switzerland through improved processes and

implementation of Business Objects for SAP

• Refinanced 10 million CHF of debt at a 50% reduction in interest

• Improved bottom line performance by over 1.1M Euros through restructuring and

a renewed focus on cost savings and efficiencies

JIM BRANDON

SENIOR MANAGER FINANCE, HONG KONG, CHINA, 2007-2008

Transferred to Starbucks Asia Pacific regional support center (1,500 outlets) to

improve financial planning and reporting function and to improve SBUX Australia

market.

Selected Achievements:

• Managed reorganization of SBUX Australia resulting in turning the market from

loss making to a profit making position ($10 million annual swing)

• Partnered with two SMF’s in annual & str. planning for 1,500 + store APAC region

• Directed all aspects of APAC Support Center’s statutory and US GAAP accounting

including annual audit and tax filings

INTERNATIONAL BUSINESS DEVELOPMENT MGR, SEATTLE, WASHINGTON, 2006-2007

Developed international partner due diligence and financial modeling for both

European and Asian new market entry, restructuring and equity buy-in transactions

BUSINESS ANALYSIS MGR. SBUX ENTERTAINMENT, SEATTLE, WASHINGTON, 2005-2006

Directed all global annual and strategic planning, reporting and analysis for

entertainment division, one of four divisions within Starbucks Coffee Company

FINANCIAL ANALYST TO DIRECTOR OF FINANCE, WESTERN US, 1994-2003

SEN. DIRECTOR OF FINANCIAL ANALYSIS/TREASURER RESORT THEATERS OF AMERICA

DIRECTOR, FINANCE & STRATEGIC PLANNING VIRGIN ENTERTAINMENT GROUP

SENIOR FINANCIAL ANALYST POLAR AIR CARGO

Selected Achievements:

• Directed Virgin’s $1.5 billion five year strategic plan, $400 million annual

operating budget, quarterly reforecast and monthly rolling budget process

• Managed cash management and treasury operations, including: accounts

payable, daily monitoring of cash positions, ongoing bank relations, budgeting

of cash flow needs and investment of idle reserves

• Presented quarterly and annual business reviews to senior management and

board of directors addressing the state of the businesses

BACKPACK TRIP AROUND THE WORLD, ASIA/HIMALAYA/EUR/ME, 1993-1994

EDUCATIONAL BACKGROUND

UNIVERSITY OF SOUTHERN CALIFORNIA, MARSHALL SCHOOL OF BUSINESS, MAY, 2004

Master of Accounting – (G.P.A. 3.85 out of 4.00)

CALIFORNIA STATE UNIVERSITY AT FULLERTON, JUNE, 1997

M.B.A. – (G.P.A. 3.7 out of 4.0)

COLORADO STATE UNIVERSITY – B.S. Biology, MAY, 1992

Contact this candidate