Carl
R.
Dowell
Tower
*,
Apt
*A,
Repulse
Bay
Road,
Hong
Kong Phone:
+852
6323
7700
Email:
acu2pm@r.postjobfree.com
PROFESSIONAL
EXPERIENCE:
Energetic CFO with management experience spanning luxury goods, branded apparel, manufacturing, services, and technology. Experience working/living in U.S.A., Asia Pacific and
Europe.
Managed
all
finance
functions
including
accounting,
tax/tax
challenges,
treasury and banking relations. Seasoned in managing strategic and annual planning, reporting, analysis, IS&T, Operations (customer service, import, export, warehousing, warehouse fulfilment, customs duty issues/challenges, transfer pricing), Internal Control (internal / external audits), and purchasing. Accomplished in the setup of new entities (fully owned operations,
joint
ventures,
representative
offices)
as
well
as
restructuring
operations.
Have been
involved
in
three
business
sale
transactions. 04/06
–
12/15:
LVMH
Louis
Vuitton
(Moet
Hennessy
Group) Euro
30
B
Luxury
Goods
Company:
Headquarters
in
Paris,
France 01/13
–
12/2015:
Director/CFO
Moet
Hennessy,
Asia
Pacific
(Hong
Kong).
Moet
Hennessy
is
a
leading supplier
and
distributor
of
luxury
wine
and
spirits
products
globally.
- Reporting
to
Region
President
Asia
Pacific.
Responsible
for
all
financial
activity
throughout
this
19
country Region
(plus
4
representative
offices)
including
planning,
reporting,
and
performance
analysis.
- Responsible
for
Central
Distribution
and
warehousing
operations
(3PL
platform
in
Singapore),
IS&T,
Internal Control,
Treasury,
Tax,
and
Region
Accounting.
- Asia
Pacific
Region
includes
fully
owned
subsidiaries,
JV’s,
Representative
Offices,
and
Joint
operating agreements
(with
Diageo)
in
the
various
countries.
Member
Southeast
Asia
liaison
committee,
Greater
China Liaison
committee,
and
Asia
Pacific
Steering
Committee
guiding
operations
with
Diageo.
- Member
Board
of
Directors
for
Sichuan
Wenjun
Spirits
Co.
Ltd.
(JV),
Statutory
Auditor
for
MHD
Moet Hennessy
Diageo
K.K.
(liaison
office
with
Diageo)
as
well
as
numerous
Director
positions
in
our
fully
owned subsidiaries.
- Led
Regional
Team
of
50
with
6
direct
reports
(excluding
the
finance/operations/internal
control
teams
in each
market
which
reported
to
me
on
a
dotted
line
basis).
- Regional
Sales
=
approx.
USD
1.6
B. Achievements:
• Set
up
new
JV’s
in
Cambodia
and
the
Philippines.
• Restructured
the
importation
flow
in
Vietnam
in
response
to
legal
changes
in
the
country.
• Implemented
SAP
B1
in
four
countries
–
now
all
operations
running
on
SAP
or
SAP
B1.
• Expanded
Distillery
operations
(baijiu)
in
China.
• Implemented
an
on line
selling
site
in
Australia.
• Participated
in
the
Set
up
two
wineries
in
China
and
one
in
India.
• Involved
in
Duty
Free
operations
throughout
Asia Pacific.
• Significant
slowdown
in
China
following
anti corruption
campaign
announced
Dec.
2012
leading
to difficult
duty/tax
solutions
to
be
implemented. 04/06
–
12/12:
CFO
–
Moet
Hennessy,
USA
(New
York,
NY,
USA)
- Reporting
to
the
President
Moet
Hennessy
USA.
Responsible
for
all
financial
functions
including
strategic and
annual
planning,
reporting,
and
performance
analysis.
Also
responsible
for
accounting
operations, banking,
internal
control,
liaison
with
external
auditors,
banks,
and
tax
and
customs
authorities.
- Responsible
also
for
operations
management
(customer
service,
warehousing,
warehouse
fulfillment,
product requirements
planning),
IS&T
and
purchasing.
- Use
of
third party
distributor’s
is
a
requirement
in
the
U.S.
and
there
are
thus
one
or
more
distributors engaged
in
each
individual
state
making
warehousing
and
logistics
operations
a
critical
component
of
success. Our
third party
distributor
network
in
the
United
States
comprised
a
selling
force
of
approximately
8,000
and we
tracked
very
closely
the
inventory
at
each
distributor.
- Team
of
50
with
7
direct
reports
(excluding
a
small
1 2
person
team
in
each
of
the
6
regions).
- Regional
U.S.
Sales
=
approx.
USD
1.0
B. Achievements:
• Implemented
SAP
into
the
U.S.
Operation.
• Over
7
years,
four
of
my
planning/analysis
team
joined
the
marketing
teams
(10
different
teams),
which shows
the
strong
support
provided
to
the
marketing
teams.
• Created
a
purchasing
team
to
drive
efficiency
into
an
operation
with
significant
marketing
budgets.
• Enhanced
internal
controls,
particularly
on
the
bank
payment
process.
• Member
of
the
Pension
Committee
and
401K
plan
for
all
LVMH
companies
in
the
U.S.
• Created
a
Charitable
Foundation
for
MH
USA
to
support
events
and
charitable
contributions.
• Involved
in
Duty
Free
throughout
the
U.S.
and
U.S.
Military
sales
globally.
• Drove
organizational
cost
savings
during
the
2009
financial
crisis. 11/96
–
04/06:
Sara
Lee
Corporation
$18
B
Branded
Consumer Products
Company:
Headquarters
in
Chicago,
IL,
USA 08/01
–
04/06:
Director
Finance
–
Seamless
Group
and
Eastern
Europe
Manufacturing
Operations.
Sara
Lee Branded
Apparel
–
Europe
(Paris,
France).
- Reported
to
European
Branded
Apparel
Group
CFO.
- Initially
responsible
to
prepare
the
Capital
Authorization
Request
and
present
it
to
establish
a
new
green field seamless products
manufacturing
operation
in
Killarney,
Ireland
(knitting),
in
Curtici,
Romania
(sewing),
and the
development
operation
in
Sutton in Ashfield,
England.
-
The
production
output
of
these
plants
approximated
$250
M
annually,
utilizing
a
structure
of
4,500 employees
working
in
Sara
Lee
or
third party
subcontract
operations.
- In
addition
to
Curtici,
Romania
which
was
entirely
devoted
to
seamless
operations,
the
Sara
Lee
sewing operation
in
Vize,
Turkey
was
also
entirely
devoted
to
seamless
sewing.
We
had
other
third party
sewing operations
throughout
Romania,
and
Bulgaria. 07/00
–
08/01:
Director,
Portfolio
Synergy
Programs
–
Sara
Lee
Branded
Apparel
–
Europe
(Paris,
France).
- Reporting
to
European
Branded
Apparel
Group
CFO.
Responsible
to
develop
and
implement
programs
(organization
structure
and
process
change)
to
realize
synergies
across
the
Sara
Lee
portfolio
of
European companies
($7.0
B
group
of
companies).
- Implemented
projects
to
leverage
common
direct
materials
at
the
Sara
Lee
Europe
total
company
level. Outsourced
indirect
materials
procurement
management,
and
defined
strategies
to
reposition
the
Branded Apparel
production
operations
from
a
brand based
to
a
geographic based
structure
creating
efficiency
in
the manufacturing
structure.
11/96
–
06/00:
Group
Controller,
Sara
Lee
Branded
Apparel
–
Europe
(Paris,
France)
($2.4
B
group)
- Reported
to
Group
CFO.
Responsible
for
planning,
reporting,
analysis
and
the
central
HQ
accounting
and
MIS functions.
- Appointed
as
acting
Finance
Director
for
Hanes/Champion
–
Europe
($350
MM
annual
sales
–
Gent,
Belgium) during
12
months
(7/97
–
6/98)
to
address
administrative
difficulties
in
that
operation
prior
to
divestiture
of this
sportswear
activity.
Achievements:
• Restructured
operations
in
the
Killarney,
Ireland
knitting
plant.
• Restructured
operations
in
the
Curtici,
Romania
sewing
plant.
• Negotiated
and
sold
the
sewing
operation
in
Vize,
Turkey
to
a
local
Turkish
company
(Inditex).
• Represented
the
Branded
Apparel
group
in
a
synergy
council
across
all
Sara
Lee
Europe
businesses
in Europe
($7.0B
in
revenues).
• Restructured
manufacturing
operations
from
a
brand based
to
a
regional based
organization.
• Involved
in
the
sale
of
the
Sara
Lee
Branded
Apparel
Division
to
Sun
Capital
Partners
and
transitioned with
the
new
owners
before
leaving
the
business. 12/90
–
11/96:
Schlumberger,
Inc.
Industrial
Technology
and
Petroleum
Services
Company:
Headquarters
in
Paris
and
New
York. 10/94
–
11/96:
Director
Finance,
Schlumberger
Gas
Management
–
France
Division
(Paris,
France).
- CFO
for
this
division,
reporting
to
France
Division
Managing
Director.
- Production
operations
in
Paris,
France
(specific
costing
for
large
meter
production),
and
Epernay,
France
(highly
automated
production
of
small
home
gas
meters). 09/92
–
10/94:
Director
Finance,
Schlumberger
Security
and
Control
Division
(Paris).
- CFO
for
this
division,
Reporting
to
the
Security
and
Control
Managing
Director.
Production
operations
in Paris
(standard
costing
for
high
volume
airport
machines)
and
in
Belgium
(specific
costing
for
large
low volume
machines).
- The
decision
was
made
to
divest
this
activity.
Heimann
(a
German
company)
purchased
the
division.
I participated
in
all
aspects
of
the
sale
and
post sale
transition
support
and
then
transferred
to
another Schlumberger
entity.
9/91
–
9/92:
CFO,
Anadrill Schlumberger.
Far
and
Middle
East
Unit
(Singapore).
- CFO
for
this
division,
Reporting
to
VP General
Manager.
Responsible
for
all
planning,
accounting,
tax, treasury
and
IS&T
functions.
- I
was
then
transferred
to
Paris
manufacturing
operations. 12/90
–
9/91:
CFO,
Dowell Schlumberger.
Western
U.S.
Division
(Denver,
Colorado).
- CFO
for
this
division
(not
related,
a
joint
venture
between
Dow
Chemical
and
Well
Services
of
Schlumberger), Reporting
to
VP General
Manager.
Financial
Manager
for
this
petroleum
services
division
of
Schlumberger with
$120
million
in
annual
service
billings.
Responsible
for
all
planning,
reporting,
analysis,
and
IS&T operations.
- The
oil
industry
became
volatile
in
the
U.S.
and
rig
count
declined,
so
I
transferred
to
Singapore
where business
was
still
strong.
Achievements:
• Heavy
R&D
on
x ray
machine
development,
kept
costs
in
line
with
budget.
• Volume
manufacturing
costing
for
small
x ray
machines
(airport
type).
Specific
costing
for
large
scale
x ray
machines
(trucks/train
car
scanning).
Production
in
France
and
Belgium.
• Sale
of
the
x ray
machine
business
to
Heimann
(German
company).
Highly
involved
in
the
sale
of
the business,
transitioned
with
the
new
owners
and
then
moved
to
another
division
of
Schlumberger.
•
The
gas
metering
business
was
in
Paris
and
Epernay.
Paris
production
was
specific
costing
for
large meters
for
plants
and
factories.
Epernay
production
was
in
a
highly
automated
plant
producing
small meters
(for
homes).
7/83
–
12/90:
Advanced
Micro
Devices,
Inc.
(AMD) Manufacturer
of
integrated
circuits:
Headquarters,
Sunnyvale
CA. 09/87
–
12/90:
Director
of
Finance,
Austin
Manufacturing
Division
(Austin,
Texas).
- Reporting
to
manufacturing
site
VP,
managed
a
group
of
23.
- Emphasis
on
manufacturing
cost
control
in
this
Semiconductor
production
facility.
- This
facility
employed
1,800
with
a
capital
base
of
$3
Billion
USD.
- $200
million
annual
operating
expense
budget
and
a
$60 80
million
annual
capital
expenditure
budget. 03/87
–
09/87:
Manager,
European
Distribution
Center
Project
(Brussels,
Belgium).
- Reporting
to
VP International
Finance.
- Set
up
a
strategy
to
centralize
importation
into
Western
Europe
(product
being
held
duty
free)
from
the
U.S. and
to
efficiently
distribute
product
within
the
Western
European
markets
so
we
were
importing
into
each country
(there
was
no
European
Union
at
the
time). 01/84
–
03/87:
Manager,
Finance
&
Administration Japan/Asia
Pacific
Region
(Tokyo,
Japan).
- CFO,
Reporting
to
Region
President.
- Supervised
a
team
of
11
in
Tokyo
and
Hong
Kong,
managing
all
financial,
IS&T
and
admin.
functions. 07/83
–
01/84:
Marketing
Finance
(Sunnyvale,
CA).
- Reporting
to
Marketing
Finance
Director,
hired
to
go
to
Japan
once
I
was
acclimated
to
the
Sunnyvale,
CA operation.
- Responsible
for
sales
team
cost
and
performance
analysis. Achievements:
• Business
increased
three fold
while
in
Asia Pacific
from
USD
30
million
to
USD
100
million.
• Opened
offices
in
Osaka
and
in
Seoul
during
my
assignment.
• Intensive
Capital
structure
in
Austin,
Texas.
Three
wafer
fabs,
each
approximately
USD
1.0
Billion
in capital
structure
(USD
3.0
Billion
capital
asset
base).
USD
200
million
operating
expense
budget annually,
USD
60 80
million
Capex
budget
annually. 06/79
–
07/83:
Honeywell,
Inc.
Computer,
control
Systems,
and
Aerospace
Technology
Company:
Headquarters,
Minneapolis,
MN. 11/82
–
07/83:
Supervisor,
Reporting.
Synertek,
Inc.
(Honeywell
Subsidiary).
Sunnyvale,
CA.
- Reporting
to
VP
of
Financial
Control
- Legal
and
management
financial
reporting
to
internal
operating
groups
and
Corporate
HQ
in
Minneapolis.
- Left
the
business
when
we
lost
our
largest
customer
and
then
joined
AMD. 06/79
–
11/82:
Staff
Auditor
/
Audit
Supervisor.
Corporate
Financial
Audit.
Minneapolis,
MN.
- Conducted
reviews
of
Honeywell
operations
worldwide,
with
responsibility
to
plan
and
supervise
reviews
of financial,
reporting
and
operational
processes/procedures.
- Conducted
audits
in
multiple
U.S.
(CA,
TX,
MA,
NY,
MN,
NM,
etc.)
and
international
operations
(Australia, Canada,
Hong
Kong,
Italy,
Japan,
Singapore,
Spain,
Switzerland,
Thailand). Education: Masters
of
Business
Administration
(MBA) The
University
of
Texas
at
Austin
(Austin,
Texas). B.A Accounting:
University
of
Northern
Iowa
(Cedar
Falls,
IA). Credentials: CPA
Personal: Married,
2
children
Mother
Language,
English
Other
–
basic
French