Derric A. Gregory, Sr., CPA, CIA, NACD.DC

Baltimore, MD ad42r0@r.postjobfree.com 919-***-**** www.linkedin.com/in/derricgregory

Executive Summary

Accomplished and innovative senior financial and risk management executive with 20 years of leadership experience providing auditing, risk management, SOX, compliance, governance, accounting, and advisory services in public and private sectors. A qualified financial expert with a proven track record of developing and implementing audit and accounting strategies in diverse, complex industries, including healthcare, manufacturing, financial services, and government. Significant experience driving top- and bottom-line results through reengineering business processes, developing teams, and providing value-added solutions. Relevant experience reporting to board audit committee and senior-level executive management.

Professional Experience

Vice President &

General Auditor

Practice Areas

Auditing, Accounting, Corporate Governance, Strategic Planning, Enterprise Risk Management & Business Controls, Process Re-Design

Industry Lines

Healthcare, Large Manufacturing, Financial and Operational Consulting, Financial and Food Services, Insurance Services, Financial Services, Small Business, Government Contracting, Pharmaceutical Manufacturing, Non-Profit Entities

Education / Qualifications Certifications

North Carolina A&T State University

BS in Accounting – Summa Cum Laude (1980-1984)

CPA (Active PA License / Inactive NC)

Kellogg School of Business, Minority Director Development Program

Six Sigma – Black Belt Certified

Professional Affiliations

Executive Leadership Council

Private Directors Association

Institute of Internal Auditors

National Association of Corporate Directors

NACD - Director Certified

Santa Clara University

Black Corporate Board Readiness program (Cohort 7)

National Association of Black Accountants

National Outstanding Member (2005)

ELDI Chair (2000-2010)

Key Competencies

Enterprise Risk Management, Accounting & Auditing

Controls & Business Process Re-Design

GAAP, IFRS, IPPF, COSO, GAAS

Board Governance & Audit and Compliance Committee Facilitation

Sarbanes Oxley Act (302 & 404)

Leadership, Strategic Planning, Talent Development & Mentoring

Bridge Builder Group, Durham, NC 2022-Present

FOUNDER & CEO

Founded and serve as CEO of management consulting firm that specializes in strategic planning, business performance improvement, B2B network facilitation, capital formation, and interim management services. Work closely with entrepreneurial companies and privately held entities seeking to unlock their fullest potential and achieve their growth ambitions.

Identified key resources and developed and executed strategy to successfully position minority technology innovator to complete technology screening with $20B private entity.

Leveraged industry contacts and developed and executed strategy to repurpose technology to successfully pass screening with $15B publicly traded entity.

Lowe’s Companies, Inc., Mooresville, NC 2022

VICE PRESIDENT & HEAD OF INTERNAL AUDIT

Chief audit executive accountable for leading global audit function for Fortune 40 retail giant. Reported functionally to Audit and Compliance Committee of the Board of Directors and administratively to Executive Vice President and CFO.

Partnered with management for inventory internal control assessment resulting in successful identification and mitigation effort to support future enterprise objectives.

CareFirst, Inc., Baltimore, MD 2018-2021

VICE PRESIDENT & GENERAL AUDITOR

Directed internal audit and advisory services (70+-person, $12M budget) for operations of CareFirst and its affiliated and subsidiary companies representing approximately $12B in revenue. Reported to Audit and Compliance Committee of Board of Directors and administratively to Executive Vice President, General Counsel & Corporate Secretary. Oversaw coordination of Audit and Compliance Committee.

Communicated audit results and recommended policies and procedure improvements to enhance efficiency and mitigate business risks.

Increased emphasis on audit workflow and process efficiency, resulting in 36% increase in audit productivity.

Re-designed reporting materials for Board Audit Committee and senior management creating succinct and informative executive summary with retooled reporting formats to report Corporate Audit and Advisory Services activities.

Introduced new technology and vendors to leverage robotics and data analytics that improved audit efficiencies in Model Audit Rule testing and other manual operational processes.

Kaiser Permanente, Oakland, CA 2016-2018

EXECUTIVE DIRECTOR, INTERNAL AUDIT SERVICES

Audit executive for health plan segment responsible for planning, executing, and managing audits to strengthen risk management, systems, and controls for $70B healthcare insurer. Active executive audit leadership team member responsible for enhancing IAS brand by optimizing audit and consulting services, contributing to value-added process improvements, and ensuring effective internal controls for the Health Plan. Reported to Chief Audit Executive.

Improved alignment between internal audit services and health strategy by establishing effective executive interface and alignment with key health plan leaders, improving risk coverage and relationships.

Directed investigative efforts to deliver approximately $1M in recoveries; strengthened vendor contracting controls.

Led and supported process improvement recommendations for audit methodology, co-sourcing, and resource realignment to enhance audit productivity and risk mitigation.

Professional / Civic Affiliations & Accomplishments

Meharry Medical College, Board of Trustees, Nashville, TN (2005-2020)

Omega Psi Phi Fraternity, Inc. (Active)

Motivational / Inspirational Speaker

and Seminar Leader

Author – “Life in the Key of G”

(http://derricgregory.tatepublishing.net)

Senior Pastor – Hillsborough, NC (2009-2015)

Derric A. Gregory, Sr., CPA, NACD.DC Page 2

Dimension Partners LLC, Durham, NC 2007-2016

PRESIDENT / CONSULTANT

Provided strategic financial and operational consulting, executive staff augmentation, and B2B facilitation to corporate entities in internal audit, enterprise risk management, business development, contract fulfillment, and financial services (domestic and international). Partial listing of affiliates include:

Metropolitan Washington Airport Authority, Washington, DC 2015

Grace Kennedy Limited: Chief Audit Executive, Kingston, Jamaica 2011-2013

Innovation Partners LLC: Executive Affiliate, Charlotte, NC 2009-2010

Bank of America, SVP: Audit (Executive Consultant), Charlotte, NC 2007-2008

BlueCross BlueShield of North Carolina, Chapel Hill, NC 1999-2007

VICE PRESIDENT, FINANCE & CHIEF ACCOUNTING OFFICER (2005-2007)

Oversaw financial services operations for $4B healthcare organization, financial reporting, corporate accounting, budget and forecasting, accounts payable, third-party payer relationships, producer commissions, financial systems, and quality initiatives. Supervised 8 direct reports and 120 staff members. Reported to CFO and Board Audit Committee.

Revived stalled financial reporting upgrade by identifying vendor to deliver package on time and within budget; improved timeliness and quality of GAAP and statutory reporting.

Led planning and first stage implementation of Lawson software package upgrade; strengthened financial risk management and addressed outstanding internal controls weaknesses in UAT testing and design.

Prepared and presented analysis of company financial performance quarterly and annually to senior management, Audit Committee, and Board of Directors.

VICE PRESIDENT & CHIEF AUDIT EXECUTIVE (1999-2005)

Chief Audit Executive responsible for developing and implementing internal audit strategy. Supervised 35-40-person audit / investigative operations for $4B healthcare enterprise. Reported functionally to Board of Directors and administratively to General Counsel and CFO.

Aligned corporate audit annual plan with corporate strategy, improving risk assessment and mitigation, delivering $5M in annual savings in overpayment recoveries and fraud and cost avoidance.

Re-energized internal audit function to improve value-added services and facilitated line of business partnerships, resulting in enhanced financial processes, internal controls, and proactive risk assessments for commercial, federal, state, and regulatory business partners and regulators.

Led educational process to advise senior management and Audit Committee on adopting Sarbanes-Oxley (Section 302 and 404) legislation, required certifications, and NAIC regulatory activity.

Department of The Auditor General, Commonwealth of Pennsylvania 1997-1999

DEPUTY AUDITOR GENERAL FOR PERFORMANCE AUDITS

Provided leadership and oversight for 50-60-person Performance Auditing bureaus with $3M budget. Enhanced productivity and achieved audit objectives of new administration. Member, Auditor General Cabinet.

First-ever Deputy Auditor General.

Identified $20M in potential savings resulting from school district performance reviews.

Uncovered mismanagement by Department of Health in Nursing Home oversight audit.

Genesis Consulting, Yeadon, PA 1995-1997

General Electric (Aerospace) / Lockheed Martin, NJ / PA 1989-1995

SmithKline Beecham (Glaxo), Philadelphia, PA 1987-1989

KPMG, Philadelphia, PA 1984-1987

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