George T. Haworth CPA
Rockford, Michigan 49341
Phone 616-***-****
******.**********@*****.***
SUMMARY
Leader with 20 plus years of senior management experience in real estate
investment, development and operations. Strong accounting, finance, and
business administration experience including financial planning and
analyst. Results oriented executive offering success in driving
operational growth including leading a "start-up" residential homebuilder
and land development company, a 2,000 employee operating company and a $1.2
billion public shopping center REIT.
Proven competencies in:
? Strong financial acumen and discipline to derive profit
? Managing national acquisition and development strategies
? Driving new processes and performance metrics resulting in superior
operational execution
? Developing strategy within the team environment
? Demonstrated ability to manage complex financial transactions
? CPA and BBA degree in Management and Accounting
PROFESSIONAL EXPERIENCE
Strategic Advisors LLC.
Managing Director January 2010 to
Present
Strategic Advisors is a real estate and business consulting firm. Major
consulting assignments:
. Served as interim president / administrator for large (20,000
patients) South Texas medical practice between April 2011 and June
2012. Developed and executed strategic plan to restructure the
company's balance sheet, support staff work-flow assignments and
service provider teams resulting in a 25% increase in
profitability, 50% reduction of liabilities and a 30% reduction in
waiting times.
. Advised leading global unmanned aircraft ("UVA") and aerial
photography ("AP") technology platform on business management
systems, internal controls, corporate formation and tax matters.
Prepared business evaluation analysis in connection with a business
combination of a North American subsidiary and a Chinese parent
company and acted as advisor to USA minority stakeholders.
. Advised major bank on valuation and acquisition of a $32 million
whole note for $14 million. The transaction delivered a 20% plus 3
year IRR.
. Provided "work-out" consulting services to various banks located in
Michigan, Arkansas and Texas.
. Serve as director and financial advisor for QNorth Golf, a leading
mid-west golf management company. Consulted with CEO on
acquisition and capital markets activities.
. Advised property owner on feasibility of a new residential home
community in Pennsylvania.
. Provide consulting and advisory services to various small "start-
up" companies in Texas.
The Haworth Group, LLC January 2001 to 2010
Grand Rapids, Michigan
President and Chief Executive Officer
The Haworth Group, through its subsidiaries, is a residential home builder,
(Haworth Homes), and land development and investment firm (Tierra
Investment Company) located in Grand Rapids, Michigan. Major
accomplishments:
. Tierra started from a business plan and grew to be one of the
largest residential land development companies in Western Michigan.
Managed acquisition and entitlement process for over 1,700
residential lots in eight communities. Tierra sold finished and
paper lots to Haworth Homes and other merchant builders.
. Created Haworth Homes to build homes in some the company's
operations in Grand Haven, Zeeland, Rockford, Forest Hills and
Grand Rapids, Michigan. Grew home sales from zero to $15 million or
50 units per year.
. Developed a branded customer service and sales strategy which
received some of the highest customer satisfaction responses in the
market.
. Acquired portions of Pulte Homes West Michigan land inventory and
land development operations in 2005 when Pulte left the market.
Hired key Pulte home building personnel consolidated "best
practices" policy and procedures and retrained staff. Integrated
diverse corporate cultures creating the operational infrastructure
to deliver 150 units per year.
. Created strategy that realized operating synergies between diverse
operating systems.
Arnold Palmer Golf Management, LLC March 1997 to November 2001
San Francisco, California
Executive Vice President and Chief Financial Officer
Arnold Palmer Golf Management is one of the largest privately owned golf
course operators and owners in the United States with 35 locations and over
2,000 employees. As Chief Financial Officer, responsibilities included
maintenance and development of investment banking, venture capital,
investor relations and corporate lending relationships. Partnered with
Chief Executive Officer in developing long-term strategic plan and managing
growth in rapidly changing environment. Responsible for overall leadership
and management of accounting, finance, investor relations, information
technology and corporate development functions. Other accomplishments:
. Member of senior management team responsible for growing revenues
from $21 million to $100 million and EBITDA from $6 million to $22
million in three years.
. Managed capital markets activities including national acquisition
strategy and arrangements of $50 million of second round private
equity financing and $220 million of, construction and mortgage
financing.
. Provided leadership in developing nationwide financial controls and
policies.
. Reorganized troubled retail division increasing "comp store"
profitability by over 50% in two years.
. Served as board member and managing partner for the University
Clubs of America, LLC.
Horizon Group Inc. March 1990 to January 1996
Norton Shores, Michigan
Executive Vice President, Chief Financial Officer and Secretary
The Horizon Group is a Real Estate Investment Trust ("REIT") with a total
market capitalization of over $1.2 billion and was traded on the New York
Stock Exchange. The company operates as a fully integrated real estate
company and is the nation's largest owner, developer and operator of
factory outlet centers. Reported directly to the Chief Executive Officer
and Board of Directors with respect to capital markets, acquisitions,
financial reporting, strategic and financial planning and corporate
liquidity. Managed the Corporate Services Division of the company and was
responsible for maintenance and development of all investment banking,
private equity and corporate lending activities and relationships.
Responsible for the direct supervision of six departmental vice presidents
including acquisitions, capital markets / Finance, Accounting and
Information Technology, Investor Relations, Corporate Administration, Human
Resources and Legal departments. Other accomplishments:
. Managed underwriting and successful IPO raising over $200 million
in common equity.
. Member of executive management team that oversaw the growth from 4
outlet shopping malls to over 35 and at the same time doubled the
average size of each mall. Managed 10 million sq. ft. portfolio
including 1.5 million of lease renewals and replacement per year.
. Responsible for overseeing $500 million merger transaction.
. Arranged and managed $700 million portfolio of corporate,
construction and mortgage loan financing.
. Served as a member of the Executive Management Committee.
. Served as a member of the Board of Directors from 1993 to 1995.
Larwin Company September 1987 to March 1990
Los Angeles, California
Vice President and Chief Financial Officer
Larwin Company is a leading Southern California residential and commercial
real estate development firm who has built over 50,000 residential units
since its inception in 1948. Reported directly to the President and Chief
Executive Officer with respect to financial reporting, planning and
corporate liquidity. Responsible for all capital markets activities.
Directed and supervised the work of Corporate Controller and Accounting
department. Other accomplishments:
. Negotiated and closed over $200 million in construction and
permanent loan transactions.
. Managed departmental growth resulting from increase in residential
sales from $30 million to $150 million per year and the same time
delivering 40% margins, some of highest in the industry during that
period.
. Managed "turn-around" of troubled accounting department.
. Managed $100 million commercial portfolio
OTHER POSITIONS HELD
Tierra Investment Company March 1982 to July 1987
San Antonio, Texas
Vice President Finance
Grant Thornton International May 1979 to March 1982
San Antonio, Texas
Audit Supervisor
EDUCATION
University of Texas, (UTSA) May 1979
B.B.A. - Management and Accounting
PROFESSIONAL AFFILIATIONS
Member of the American Institute of Certified Public Accountants (AICPA)