Management State University

TERRANCE R. FRANCEK

*****.*******@*******.*** 440-***-**** www.linkedin.com/in/Francek

FINANCIAL EXECUTIVE

Senior financial executive with broad international experience. A strong leader, a strategic thinker and an excellent team builder. Process focused and results driven with a proven track record of improving business performance. Areas of expertise in:

Strategic Planning

M&A Due Diligence/Integration

Project Management

Working Capital Management

Performance Improvement

Internal Control

PROFESSIONAL EXPERIENCE

Textured Coatings of America, Inc. Panama City, Florida

Interim Chief Financial Officer August 2015 to February 2016

Led the financial function of the business through the fiscal year-end and until a full time replacement was recruited. Monthly financial closing brought up to date, balance fully documented for year-end review and the role was smoothly transitioned to the new CFO.

PPG Industries, Pittsburgh,PA

Director Finance, Architectural Coatings, North America, Pittsburgh, PA 2013-2015

The senior finance role in the business unit, leadership team member, reporting to the President of Architectural Coatings, North America.

Scope: USA, Canada, Puerto Rico; $2.6 billion revenue base; 14 plants and 20 distribution centers

Business Challenge: Integrating the acquired business from AkzoNobel into the existing business of PPG

Accomplishments:

Realized $200 million of transaction synergies - EBIT performance improvement

Drove organizational and operational business integration

Combined and rebuilt the finance team following relocation to Pennsylvania

Improved internal control of the business (acquired business SOX compliant)

AkzoNobel, Amsterdam, The Netherlands

Director Finance, Decorative Coatings, North America, Strongsville, OH (2011-2013)

The senior finance role in the business unit, leadership team member, reporting to the President of Decorative Coatings, North America.

Scope: USA, Canada, Puerto Rico; $1.5 billion revenue base; 8 plants and 10 distribution centers

Business Challenge: The business was structurally unprofitable and cash flow negative

Accomplishments:

Developed and executed the multiyear strategic plan for the business

Delivered over $100 million in EBIT improvement performance

Led the divestment process (preparation, management presentation, due diligence, and execution)

Improved working capital performance

Business Area Controller, Specialty Chemicals, The Netherlands (2008-2011)

The senior finance role in the business area, member of the business area board reporting to the board member responsible for Specialty Chemicals.

Scope: Global; $7 billion revenue base; 50 plants

Business Challenge: Revenue growth, strategic capital allocation and commodity risk management

Accomplishments:

Developed and executed the multiyear strategic plan for the Specialty Chemicals portfolio

Led the working capital program for the entire corporation resulting in a $700 million reduction in working capital

Improved the capital planning and allocation process

Vice President Finance, Industrial Finishes, Louisville, KY (1992-2008)

The senior finance role in the business unit, member of the senior management team reporting to the President of Industrial Finishes.

Scope: Global; $1.5 billion revenue base; 30+ manufacturing facilities globally

Business Challenge: Revenue growth; shifting manufacturing base globally; integrating multiple acquisitions

Accomplishments:

Improved profitability beyond AkzoNobel portfolio standards

Drove working capital to world class levels

Repositioned the manufacturing base of the Wood Coatings, Coil Coatings and the Specialty Coatings of AkzoNobel

ADDITIONAL RELEVANT EXPERIENCE

Director of Strategic Planning; Marketing Manager

Touche Ross & Co. - Senior Auditor

EDUCATION

MBA International Business - Wayne State University, Detroit, MI (GPA 3.9)

BA Accounting - Michigan State University (GPA 3.3)

Certified Public Accountant - inactive

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