Frank Donnelly, CFA

**** **** ****** ***** 703-***-****

Herndon, VA 20171 acxofj@r.postjobfree.com

Executive Profile: Senior Corporate Finance Leader

Outstanding track record of forecasting cash flow, financing growth, managing risk, and growing shareholder value by providing vision and financial analysis required to make sound business decisions.

Areas of Expertise

Financial Planning – Implemented budgeting, forecasting and long-term financial planning frameworks used to support strategic decision making, communicate financial goals to the investment community, and guide senior management in measuring operating performance during the year.

Financing - Planned and executed the issuance of equity, long-term debt and revolving credit agreements.

Cash Management - Managed the corporate liquidity position, including cash forecasting, bank relationship management, cash collection and disbursement, and executing short-term investment and borrowing strategies.

Decision Support - Provided financial analysis, strategic planning and risk management expertise to senior management and operating managers for the development of business cases (e.g. major capital expenditures, cost structure evaluation, outsourcing, investments, sales and marketing initiatives, acquisitions & divestitures).

Project Management - Led strategic initiatives by developing credible timelines, gaining support of operating managers and achieving milestones (e.g. financial planning system, enterprise risk management process).

Professional Experience

Corvias Solutions, Inc.; Fort Meade, MD May 2015–Present

Vice President of Finance

Manage the financial operations and analysis of this division of the Corvias Group that works with municipalities to solve energy, environmental and infrastructure challenges through a public-private partnerships ("P3") model.

Key Achievements:

Implemented a financial evaluation process for potential stormwater partnerships which included developing projections, finding project funding, presenting funding options to the client, and executing transactions.

oClient awarded a $50 million low interest rate loan from the Maryland State Revolving Fund

Participated as a panelist at several conferences to discuss the procurement and financing benefits of a P3.

Centrus Energy Corp. (formerly USEC Inc.); Bethesda, MD January 2009–December 2014

Director of Strategic Analysis

Joined this publicly traded energy company to direct financial analysis and develop the financial plan for a $6B uranium enrichment plant, strengthen the balance sheet, and improve shareholder value. Partnered with CFO and Treasurer to analyze plant economics and study feasibility of raising capital. Led strategic planning process, encompassing business assessments, action planning, and long-term vision casting.

Key Achievements:

Built financial forecasting models to support initiatives to raise capital (equity, Department of Energy Loan Guarantee Program, tax-exempt financing) for the uranium enrichment plant. Assessed financing feasibility of scenarios, utilized statistical analysis to highlight risk exposure, and communicated assumptions, model mechanics and financial metrics to senior management and bankers.

Developed strategic roadmap for Board of Directors that recommended the best path to maximize shareholder value and provided the basis for financial plan assumptions. Led planning process, worked cross-functionally to create action plans for key initiatives, and evaluated alternate paths.

Provided senior management and Board of Directors with transparent view into key risks by leading design and implementation of enterprise risk management process to identify, measure, mitigate, and monitor risks.

Raised $45M by structuring and executing sale of NAC International to Hitachi Zosen Corporation. Led sale process, performed the valuation of this subsidiary to determine sale price, partnered with financial advisor during marketing process, managed due diligence, and supported legal counsel in transaction structuring.

Executed $200M preferred stock purchase agreement with Toshiba Corp. and Babcock & Wilcox Company. Worked with financial advisor to identify investors, prepared financial projections and marketing materials, managed due diligence, and analyzed financial impact of various transaction structures.

Washington Gas Light Co. / WGL Holdings, Inc.; Washington, D.C. September 1999–January 2009

Director of Financial Planning & Treasury

Promoted steadily through ranks from Manager of Financing (1999-2002) through Director of Planning and Budget (2002-2005) to lead development of long-term financial plan for this publicly traded utility company. Managed several functions including financial planning and analysis, treasury, and cash management.

Generated and monitored the earnings and cash flow forecasts provided to investment community. Provided financial and risk analysis for key corporate initiatives, evaluated options to optimize capital structure, and collaborated with other business units to implement actions designed to achieve company’s strategic and financial goals. Drafted registration statements for SEC filings, initiated issuance of medium term notes including implementing interest rate hedges as needed, and led process to issue commercial paper. Worked directly with bankers, rating agency analysts, and investment advisors. Led team of financial analysts and managers.

Key Achievements:

Spearheaded implementation of $1.2M financial planning system that replaced 30-year-old antiquated system, accelerated inquiry response, and enabled timely decision-making.

Identified $170M in projected expense savings over 10 years as senior member of working committee that analyzed and recommended outsourcing of several back-office functions to Accenture.

Enabled company to accurately determine financial feasibility of business unit-proposed projects by creating department dedicated to providing financial analysis support to non-finance professionals across the company.

Played key role in presenting company’s proposed tariff rate by writing testimony and developing exhibits that explained financial strategy in key rate cases, and testifying in regulatory proceeding.

Assessed competitiveness of common stock dividend and formulated dividend policy recommendation that influenced Board of Directors’ decision to change annual dividend increase.

Secured $700M in short-term financing by managing execution of revolving credit agreement with 12 banks.

Led working committee to enhance 401(k) plan by monitoring mutual funds, identifying underperforming funds, evaluating new funds, and adding seven new funds to defined contribution plan.

Ensured adequate liquidity for daily operations during height of 2008 financial crisis through direct collaborations with bankers to discuss investor interest levels in purchasing company’s commercial paper, as well as working with company management to constrain spending and maintain accurate cash flow forecast.

Additional Experience:

Atlantic Thermal Systems (1995-1999) - Manager of Finance, responsible for financial planning and analysis.

Education

Drexel University: Master of Business Administration (MBA) in Investment Management - 1994

Drexel University: Bachelor of Science in Business Administration, Majors in Finance and Computer Systems Management - 1986

CFA Institute: Chartered Financial Analyst (CFA)

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