Eric Chiusolo

Orange County, CA ad3xzh@r.postjobfree.com 949-***-****

Finance and Operations Professional

A personable finance professional known for providing stability while blending interpersonal and analytic skills to drive turnarounds, generate increased revenue, and scale companies for growth. Count on me to craft and implement business strategies that impact digital processes and financial solutions, streamline operations, raise capital, and produce tactical results. I focus my teams on developing/implementing best practices, cost reductions, and process improvement that delivers outstanding results in high-pressure, complex situations across diverse industries. INDUSTRY SECTORS

Hospitality (Restaurant and Hotel), Manufacturing, Retail, Education, Real Estate, Consumer Goods, Distribution, Logistics, Education, Entertainment, Publishing, Consulting, Import/Export, Multinational, Financial Services and Mergers and Acquisitions.

PROFESSIONAL EXPERIENCE

Eric Chiusolo & Associates, LLC, Chief Financial Officer 2012 to 2014 & 2016 to Present Deliver Chief Financial Officer consulting services across a wide range of organizations in diverse sectors.

• Ecommerce Client ($10MM revenue): Develop/launch strategic business plan to convert from brick-and-mortar to online; estimated annual savings of $2.6MM, launched new ecommerce website and garnered over 200,000 hits in first month. Improved bottom-line performance by 33% within one-year.

• Private Equity Client ($50MM Revenue): Create strategic and tactical business plan for turnaround.

• Consumer Goods Client ($75MM Revenue): Develop/launch strategic plan and recapitalize debt including transition from direct mail to ecommerce.

• Distribution/Logistics Client ($50MM revenue): Develop/launch strategic business plan for the client’s expansion. Re-capitalized corporate debt.

• Real Estate/Construction Client ($110MM revenue): Prepare and execute client for a capital raise. Reset their accounting to be compliant with GAAP. Introduced formal Cost Accounting while defining inventory best-practices.

• Led various client’s merger and acquisition (M&A) and prepared various recommendations.

• Manufacturing Client ($10MM Revenue): Develop/launch business plan for the client to size and move their production facility while introducing new product lines and markets.

• Private Equity Client ($35MM Revenue): Restate financials and create strategic business plan. Weston Education Group, CFO / CEO 2014 to 2016

Led strategic initiatives for group of post-secondary institutions ($150MM in revenue), serving 25,000 students with a team of 700 associates, returning the organization to profitability and regulatory compliance.

• Turned around college from $2MM in losses to $1.2M in profit in six-months; generating a profit of $4.6MM in 18Months (adjusted).

• Mentored and built team establishing a data driven culture of accountability, reducing costs by $800M annually.

• Successfully completed acquisition of a complimentary company.

• Eliminated inefficient marketing channels that lowered cost-per-enrollment by as much as 75% or $1.8M annually.

• Rebranded schools and introduced 15 new programs to meet gainful employment regulation.

• Returned institutions to compliance with financial responsibility standards with the US Department of Education.

• Negotiated a 3-year term loan to restructure debt with no personal guaranty in hostile lending climate.

• Revamped marketing, operations, and learning delivery to a more efficient model.

• Restructured the institutions to assure accountability, compliance, and student outcomes. Eric Chiusolo ad3xzh@r.postjobfree.com 949-***-**** Page 2 SJC Partners, LLC, Chief Financial Officer 2012 to 2014

• See Eric Chiusolo & Associates, LLC (above)

West Coast University & American Career College, Chief Financial Officer 2008 to 2012 Built and led the shared services functions for this rapidly expanding post-secondary education industry leader

($300MM in revenue) including accounting, finance, legal, government affairs, IT, HR, real estate/facilities, compliance, financial aid, marketing, admissions and other shared services. Member of the Executive Committee. • Key advisor and partner to the CEO/Shareholder in taking the company through a high-growth stage.

• Navigated through recession increasing Revenue 62.7%, EBITDA 184.4% and Shareholder Distributions 161.3%

(average annual statistics). Modernized systems and established single shared services model.

• During the Credit Crisis, negotiated covenant packages with lenders to enable shareholder access to 100% of net income while eliminating all personal guaranties from business credit.

• Architected and implemented a tax planning strategy which reduced federal tax liability 20%.

• Built, led and mentored teams that created and launched detailed financial models of the various programs and campuses assuring sustainable growth in a highly regulated environment.

• Established strategies, policies and procedures to assure compliance with federal regulation that resulted in zero- finding audits, reviews and inquiries.

• Successfully led team through acquisition of a complementary business. Medieval Times Dinner & Tournament, CFO & Senior Vice President 1991 to 2007 Built and led the accounting and finance services team for this international restaurant/entertainment company with 26 foreign and domestic entities; managed finance and assisted with operations. Served as a member of the Board of Directors and the Executive Committee.

• Increased Revenue 13.1%, EBITDA 19.5% and Cash Flow 161.3% (average annual statistics).

• Negotiated tax settlements with IRS, CA-FTB and IL-DOR that reduced tax liability from $110MM to $37MM and averted liquidation by successfully navigating through chapter 11 filings.

• Established banking relationships and credit lines of $65MM+ (subsequent to chapter 11 reorganization).

• Implemented tax planning (with CEO) saving shareholders $18.5MM.

• Developed and implemented ecommerce ticketing and cash management system, increasing cash flow by changing the business from “pay at door” to “pay in advance” (2 weeks on average). Previous Experience:

• Cal-Mode Furniture Manufacturing, Controller

• Creative Teaching Press, Accounting Manager

EDUCATION & RECOGNITION

MBA, Business Administration & BA, Accounting California State University, Fullerton Chairman, Career Education Colleges & Universities, 2015 to 2016 CFO of the Year Nominee, OC Business Journal & CA Society of CPA’s, 2010 and 2011 Awarded Best Graduate Case, U.S. Small Business Administration/Small Business Institute, 1990-1991 Dual citizen of USA and Italy; with work authorization for USA and EU