Supply Chain Business Development

Beau Harris, MBA, CPA(IA)

Houston, TX

801-***-**** ******.****@*****.*** LinkedIn

CFO, Huntsman Building Solutions (current position)

SKILLS & EXPERTISE

P&L’s managed: $300M

Teams Managed: 20 Direct & 30 Indirect

CFO

M&A

Strategy

Restructuring

Debt Structuring & Public Offerings

Business Development

Business Operations

Supply Chain Management

Strategic Initiatives

Financial Modelling

Project Management

Global Team Development

Demand Planning

Forecasting/Optimization

Culture Building

Visionary & versatile leader respected for 15+ years in high-performing teams to bring solutions and growth to market for F500 companies. Detail-oriented strategist who creates holistic integration plans in partnership with key stakeholders to achieve multi-million-dollar strategic objectives. Drives strategic planning processes, collaborating across business and functional lines to ensure alignment and execution. Committed to identifying competitive advantages to enable growth.

CAREER HIGHLIGHTS

Led the $350m acquisition & integration of Icynene Lapolla into Huntsman Polyurethanes, creating Huntsman Building Solutions, now the largest global spray polyurethane foam insulation company

Directed multiple business divestitures in Southeast Asia, namely Thailand, Indonesia and Malaysia

Integrated Rockwood Color Pigments into Huntsman P&A, +$300m in Revenue

IPO spin-off of Huntsman Pigments & Additives to form Venator Materials (VNTR), listed on the NYSE

Championed BD efforts to secure long-term $150M contract in Saudi Arabia with Saudi Aramco & Total

Served as Board Chairman of Viance LLC in Charlotte, NC, overseeing the development of sustainably enhanced wood treatment chemicals

Led successful restructuring of Big West Oil (Flying J) after Chapter 11 Bankruptcy filing in 2008

PROFESSIONAL EXPERIENCE

Huntsman Corporation 2016 – Present

Chief Financial Officer, Huntsman Building Solutions: The Woodlands, TX 2022 – Present

Executive global leader, managing finance, accounting, IT and credit functions for Huntsman’s spray polyurethane foam business, a $700m global construction & building products business. Sitting on the Executive Leadership Team, lead strategy development and execution throughout the organization.

Driving global volume growth of 10%+ per year in North America, and 30%+ in Asia and Europe of the highest performing and sustainably made building insulation in the industry.

Integrated M&A synergies of $25m+ in Americas business while still growing volume.

Oversee the Treasury function, rationalizing HBS bank accounts globally to decrease complexity

Thought leader for strategic go to market approach, adjusting distribution volume and enhancing direct to consumer/installer business.

SAP implementation in Europe, and major B1 SAP upgrade in Americas.

Oversee a precise Purchase to Pay process, driving automation and extension of AP terms to meet critical quarterly cash flow targets for SEC filings and loan covenants

Achieve division leading cash flow performance through detailed focus on improving working capital measures (DSO, DIO and DPO)

Implementation and upkeep of Intelligence Reporting for daily P&L, performance metrics & KPI’s

Realizing fixed cost savings through further footprint rationalization and shared service models

Sr. Global Director M&A, Huntsman Polyurethanes: The Woodlands, TX 2019 – Present

Oversee global M&A for Huntsman’s largest division ($6B+. Lead the full M&A process through target identification, deal negotiation, identifying synergies, due-diligence and integration activities.

Led due diligence, modeling & purchase efforts for the $350M acquisition of Icynene Lapolla from Private Equity ownership in 2019.

Led successful business divestiture process for Huntsman’s PU businesses in Thailand, Malaysia, and Indonesia, including Teaser and CIM preparation, buyer identification, negotiations, purchase agreement, and post close coordination.

Implementation of a full M&A process for Polyurethanes division, leading multiple deals to late rounds of bidding and review at Board level

Championed restructuring initiatives to bring $75m of P&L synergies to HUN Polyurethanes division in 2022

Managed global fixed cost initiative during the Covid-19 Pandemic to cut $80M of cash costs.

Creation of Huntsman Building Solutions in 2020 by driving and executing integration strategies to combine Icynene Lapolla with Huntsman Demilec SPF business.

Liaise on M&A opportunities with banks and private equity firms to determine proper strategic fit rational for strategic Huntsman ownership

Business Director – Americas, Color Pigments & Timber Treatment: The Woodlands, TX 2018 – 2019

Led all operational, commercial, and administrative functions for NA & SA business, totaling ~$300M in annual revenues. Oversaw 200+ customer relationships, negotiations, and contractual agreements and disputes.

Reduced annual costs >$5M through a successful restructuring of commercial teams.

Saved $3M in supply chain costs by developing and executing an import strategy for raw materials based on a go-to-market approach for finished goods.

Implemented price increase scheme to recoup significant inflation in raw material & transportation costs.

Served as Chairman of The Board - Viance LLC, with 50/50 JV between Huntsman/Venator & Dow/Dupont.

Global Finance Director, Pigments & Additives: The Woodlands, TX 2016 – 2018 Led a global Accounting/Finance function with annual revenues of ~$500M and supervised global team of 50 finance employees. Reported directly to the CFO to deliver monthly, quarterly and annual budgeting, financial reporting, and forecasting.

Integration of Rockwood Holdings, Inc. Color & Timber Treatment business into Huntsman Pigments & Additives, in preparation for IPO

Served as an expert and thought leader in financial operations to develop site and regional-based finance teams, system structure and oversaw statutory reporting.

Eliminated five global sites and reduced >$50M in fixed costs through integration and restructuring synergies

Liaising with Citigroup and BofA, led the internal carve-out of Huntsman Color Pigments & Timber Treatment to successful IPO in 2017

Savage Services Corporation 2009 – 2016

Vice President & Director of Gulf Operations: Houston, TX 2013 – 2016

Oversaw full P&L as General Manager of Gulf Sulphur Services, a JV between The Mosaic Company& Savage Services. Managed all O&M, commercial, G&A and and business development activities for NA marine terminals, supervising 60+ workers. Reported to JV Board of Directors consisting of Mosaic & Savage Executives.

Cultivated and maintained commercial relationships with global oil and fertilizer companies, including ExxonMobil, Shell, Saudi Aramco, ConocoPhillips, Mosaic, CITGO, Phillips66, Valero, CF Industries, Marathon, BP, etc.

Drove Financial and Commercial justification to design, build, own and operate articulated tug barges in partnership with major fertilizer producers in North America

Developed commercial agreements for new $10M molten sulfur marine terminal on the Mississippi River to receive sulfur by truck and rail, store and loading of blue water vessels.

Led negotiation efforts for all current and future contracts, including 40+ operating contracts to 20+ customers.

Vice President Business Development: Salt Lake City, UT & Dammam, Saudi Arabia 2011 – 2013

Championed 3-year business development efforts for 8-year $150M contract with Saudi Aramco Total Petrochemical and Refining Company, securing the company's first long-term international operating contract.

Built out a global start-up operation and hired operating teams consisting of local Saudi Arabia employees and expatriate employees from the USA, Venezuela, India, Philippines, and Pakistan.

Identified investment risks to maximize ROI, developing financial model and commercial proposal for BOD review and approval

Developed operating strategies for work scope at both in plant and port operations to cut, gather, store and ultimately load over 2M annual long tons of petroleum coke on Panamax size vessels.

Vice President & Business Director – Refining Division: Salt Lake City, UT 2009 – 2011

Led unit-level Business Directors and Business Managers in performing day to day financial and operating analysis of more than 25 Oil Refinery operations throughout North America.

Developed the financial model and commercial proposal for the $25M Acquisition of Marsulex Inc.'s Petroleum Coke Division, consisting of 5 in-plant cutting and handling agreements.

Controlled the financial functions for more than $150M in revenue, including annual business plan and budgeting, daily operating statements, monthly close process, financial statements, monthly and quarterly reporting.

Secured significant cost reductions by implementing operating strategies to manage customer relationships, employee safety, environmental concerns, productivity, equipment maintenance, and professionalism.

Flying J Inc. 2006 – 2009

Division Controller: Ogden, UT 2007 – 2016

Oversaw full accounting and FP&A activities for oil refining division, with $2.5+ Billion in revenues, supplying gasoline and diesel fuel to Flying J retail business nation-wide. Supervised a team of 12 employees, ran a daily P&L for Flying J CEO review, and presented performance at monthly financial review to CEO and Board Members. Led efforts to secure $400m term loan for major refinery expansion in Bakersfield, CA. Managed successful restructuring efforts after Flying J filed for Bankruptcy in 2008, ultimately paying all creditors back 100% of debts.

Business Director & PM – Flying J Retail C-Store Construction & Development Ogden, UT 2006 - 2007

Led all business matters for construction & design of 9 new retail locations in US & Canada from ground acquisition, building design, permit approvals, contracting and start up of retail operations. Liaised with restaurant, C-store, retail and fuel supply teams to ensure critical design elements. Managed multiple $10m+ construction contracts and ensured timely delivery.

Deloitte & Touche, LLC 2005 – 2006

Auditor & CPA: Seattle, WA 2006 - 2007

Professional auditing services, completing different phases of the audit process on large client engagements, including: The Boeing Company, Weyerhaeuser, Physicians Insurance, Intermountain Gas, etc. Extensive training in GAAP technical topics, GAAS, Sarbanes Oxley compliance and ethics. Acted as lead staff on union agreement financial audits for Boeing.

EDUCATION & CERTIFICATIONS

Master of Business Administration – Corporate Finance 2007

Idaho State University - College of Business, Pocatello, ID

Bachelor of Business Administration – Accounting 2005

Idaho State University, Pocatello, ID

Certified Public Accountant (currently Inactive Status)

BOARD ENGAGEMENT

Board Member & Chairman Viance LLC Charlotte, NC 2016 – 2019

Product development, manufacturing and distribution of chemically treated wood products and water treatment chemicals. Partnering with 20+ timber mills, supplied 100% of chemically treated timber to Lowes stores in the USA, in addition to majority wallet share at 84 Lumber stores. Other key customers included Home Depot, Menards, and other large regional lumber retailers. Strategized and approved quarterly vendor funded marketing campaigns based on sales and margin outlook.

Board Member Venator Pigments Brockhues GmbH Walluf, Germany 2016 - 2019

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