Resume

Sign in

CFO, COO, VP Finance, Controller, FP&A

Location:
Rolling Meadows, Illinois, United States
Salary:
175,000
Posted:
October 17, 2016

Contact this candidate

ANDERS STUBKJAER

**** **** **** ****, ******* Meadows, IL 60008

Cell: 847-***-****; acw3if@r.postjobfree.com

Senior Finance and Operations Executive (CFO/COO/Controller/FP&A)

who also has management consulting and startup experience; cross functional expertise in manufacturing and services industries; $175+ M profit improvements; $100+ M acquisition synergies; $100+ M financings; $800+ M in customer contracts; 20+ acquisitions and integrations; Wharton MBA (top 4%); CPA

Professional Experience:

COO / CFO, 2012 – Current, BOMBOARD LLC, (a startup that invented the world’s only high performance, modular watercraft that fits in the back of a car. Consumer direct technology platform that disrupts the dealer channel)

Involved in all aspects of the company including product design, building prototypes, selecting vendors, testing, website design, market research (huge potential), Indiegogo campaign (top2%), writing patents (one issued with my name), legal compliance, accounting, business plans, PPMs and fund raising under 506(c) and crowdfunding rules.

Company ready to go into production; $4 M wait list.

CFO / COO, 2008 – 2012, S&S CYCLE, INC (a v-twin motorcycle performance parts and engine manufacturer, who lost 34% of their revenue in FY09 resulting in a 13% net income margin drop)

Implemented successful turnaround involving: a) reducing SG&A cost by 31%, b) refinancing and raising money from multiple lenders during tough financial situation, c) growing revenues by 62%, all from new customers, d) reducing core segment inventory by 35% and e) acquiring Crane Cams assets

Result was net income margin up 28% vs. FY09 and up 15% vs. FY08

President / Partner, 2003 – 2009, 2012 AS CONSULTING GROUP / REDDING CONSULTANTS (managing consulting projects for $500 M food processor, Spectrum Brands, United Industries, a $1.5 B printing company, Kodak Commercial Imaging Group, a $3 B paper company and others). Worked with several Thomas H. Lee Partners sponsored companies

Performed diagnostics for several clients typically finding opportunities to improve margins by 3 – 6%

Identified costs reductions of $40 M for printing company. Restructured sales and marketing organization to achieve key account focus and realize 25% productivity improvement for a consumer products company.

Integrated $150 M, $300 M and $1 B revenue acquisitions to achieve $100+ M in synergies

Includes seven months assignment in 2007 as interim Chief Financial Officer for $700 M Home & Garden division of SPECTRUM BRANDS, INC. Sold Canadian division.

Chief Financial Officer, 1998 – 2003, GLOBAL DOCUGRAPHIX, INC. (a print, document imaging and office products broker, distributor & service bureau that we grew from zero to over $100 M in revenue).

Managed accounting, reporting, audit, tax, legal, HR benefits and lender relationship. Negotiated and integrated 11 acquisitions.

Raised $60 M from Thoma Cressey Equity Partners and lenders.

Financial Advisor, 5 mos. 1998, NATIONAL AUTO CREDIT, (a public, sub-prime lender with $400 M in assets).

Implemented $20 M in profit improvements and found $100 M in loan reserve shortfall

Vice President, Finance and Contract Management, 1996 - 1998; Director of Business Development, 1992 - 1996; Director of Corporate Development, 1989 – 1991, MOORE CORPORATION (now R.R. DONNELLEY), (a printing, direct marketing, statement rendering and software company with $2.6 B of revenue).

Negotiated outsourcing contracts for $800 M of cumulative revenues and acquired 7 smaller companies

Grew a division from $250 M to $360 M in revenues and from $11 M to $34 M in profits through internal growth and cost management. Identified over $40 M of profit improvements in the European operations

Associate & Senior Associate, 1982 – 1989, STRATEGIC PLANNING ASSOCIATES (now MERCER OLIVER WYMAN). Clients included GE, AXA (The Equitable), Sara Lee, Ameritech, Shell and Owens Corning.

Re-engineered insurance operations, optimized telecommunications network, changed customer selection/pricing, analyzed raider defense options and developed financial services portfolio strategy.

Education:

Wharton MBA with distinction (top 4%), 1982.

CPA (passed on first attempt)

Supplemental classes at Northwestern (Kellogg) and University of Chicago (4.0 GPA).

BA equivalent in Business Economics, University of Aarhus, Denmark, 1980.

Other:

Fluent in Scandinavian languages, basic knowledge of German and French. U.S. citizen.

Assignments in Europe, Canada, Turkey. Extensive worldwide business & pleasure travel.

Summary of experience and achievements by role and industry:

I have extensive experience growing and improving performance of companies in many industries. Below is a summary of how many years I have been involved in different roles (often overlapping), the staff size I have managed, the profit improvements my teams identified and the scope of my M&A activities.

Consumer Products

Mfg, Oil, Telecom

Distribu- tion

Printing Services, Paper

Financial Services

Total

Years of Experience by role

• CFO / Division Finance

5

3

5

5

-

18

• M&A / Bus. Dev.

2

0.5

5

8

-

15

• Consulting

2.5

3

0.5

1.5

3

10

- Total[1]

8

6

5

10

3

32

Max staff size

30+

175

30

15

3

Operating Improvements ($M)

• Sales/Mktg/Pricing

24

1

8

22

-

55

• G&A

33

5

1

7

8

54

• Supply Chain / Mfg.

59

20

2

82

20

183

- Total

116

26

11

111

28

292

M&A activity

• # of acquisitions

3

1

11

8

-

23

• # of divestitures

2

-

2

0

-

4

• Deal value ($M)2

1,650

3

60

50

-

1,763

[1] Totals not additive due to overlap in roles

2 Excludes Kodak transactions and outsourcing contracts



Contact this candidate