Charles G. Bingenheimer, Jr. CPA CGMA

**** ******* **. ***** **** Beach, NC 28469

Cell: 336-***-**** • E-mail: adcyvq@r.postjobfree.com

EXECUTIVE SUMMARY

Over forty-three years of accounting and finance experience including public accounting, public and private companies serving as Chief Financial Officer and/or Corporate Controller and involved in mergers, acquisitions, divestitures, corporate debt financing and restructuring, investor relations and treasury functions. PROFESSIONAL EXPERIENCE

CAROLINA NARROW FABRIC COMPANY – Winston-Salem, NC DECEMBER, 2013 TO SEPTEMBER, 2019

Executive Vice President/Treasurer/Chief Financial Officer Member-Corporate Board of Directors

Carolina Narrow Fabric is family owned business manufacturing custom designed specialty textiles for the electrical, medical, automotive, aerospace, marine, industrial, military and liquid transport industries and markets. Responsibilities included management of all financial, corporate planning/development, human resources, administration, tax, treasury, legal liaison, employee benefits, and insurance. In addition, I assisted the Corporate Executive family members with personal cash flow projections, individual tax planning, estate planning and wealth management. Led the evaluation and ultimate purchase of major competitor in the medical industry. The transaction was finalized in June, 2018. Responsibilities included preparing proforma financial statements and return on investment models to facilitate acquisition negotiations and due diligence. Led the successful efforts in securing bank financing for the acquisition. CHARLES G. BINGENHEIMER, JR. CPA, CGMA JANUARY, 2012 to PRESENT Self employed consultant to businesses in the areas of management services, development of business plans and implementation, forecasting, budgeting, risk management, human resources, cash flow analysis and planning, employee benefits analysis and fractional Chief Financial Officer Services. From January, 2013 to November, 2013, provided Interim Chief Financial Officer services to DG Golf Management, LLC in Conway, SC, which owns and operates three golf courses in the Myrtle Beach, SC area. From January 1, 2012 to December, 2012, consultant to various businesses in North Carolina as fractional CFO/financial consultant. KINGSDOWN, INCORPORATED – Mebane, North Carolina 1997 TO 2011 Sr. Vice President/Treasurer/Chief Financial Officer 2010 TO 2011 Vice President and Chief Financial Officer 1999 TO 2009 Corporate Controller 1997 TO 1999

Kingsdown, Incorporated was an Employee Stock Ownership Company (ESOP) founded in 1904 and was sold to a Private Equity Fund in April, 2018. Kingsdown provided premier bedding products to customers in the United States and twenty-five foreign countries. Responsibilities included all financial corporate planning/development, human resources, administration, tax, treasury, legal liaison, credit/collections, investor relations, employee benefits, banking relationships and insurance coverages (property and casualty lines and medical insurance).

• Improved month end financial reporting from fifteen business days to five business days utilizing the same number of employees in the accounting, administrative, human resource and information technology departments that were available when I arrived in 1997 while revenues increased almost 300%.

• Established foreign subsidiaries in Australia, Mexico, United Kingdom, Japan, Thailand and the Netherlands. Responsibilities for these subsidiaries include coordination with foreign accountants and attorneys of all accounting, financial reporting, tax, legal, employment matters, legal issues (contracts, registration of trademarks and intellectual property, etc.).

• Established new subsidiary, Kingsdown DIRECT, Inc. to be the corporation of Kingsdown’s retail expansion.

• Established and administered Kingsdown Charitable Foundation, Inc. to provide a private charitable organization for Kingsdown’s civic participation.

• Maintained effective communications with Board of Directors, stockholders, vendors and finance officers of Kingsdown’s major customers. Presented quarterly financial results to Board of Directors along with management discussion and analysis of operating results.

• Led efforts for two successful Internal Revenue Service audits, three North Carolina sales tax audits and one North Carolina Escheats audit resulting in minimal adjustments to the tax returns and resulting remittances to these departments.

STADLER’S COUNTRY HAMS, INC. – Elon, North Carolina 1993 – 1997 Chief Financial Officer

Responsibilities included all accounting, administration and information technology functions. Led efforts to convert all information technology from mainframe environment to Windows based platform. Assisted in the evaluation and ultimate purchase of major competitor including acquisition negotiations, due diligence, securing bank financing and integration of the acquired company’s systems and personnel to Stadler’s. Managed banking, insurance and assisted in human resource functions. W.E. LOVE & ASSOCIATES, INC. - Burlington, North Carolina 1991 – 1993 Vice President - Administration

In-house CPA for managing general insurance agency which provided insurance services and underwriting for the trucking industry. Additional duties included overseeing accounting and tax filing requirements for CEO’s financial interests in approximately fifteen different entities. KINDER-CARE LEARNING CENTERS, INC. (NASDAQ) – Montgomery, Alabama 1987 – 1991 Vice President/Controller/Treasurer 1990 – 1991

Kinder-Care was the largest daycare provider in the United States that cared for up to 130,000 children each day, nationwide. Responsibilities included managing accounting, treasury, investor relations, day care facilities’ leasing, SEC reporting and tax with a total department staff of approximately sixty-five individuals including ten CPA’s and two MBA’s. Assisted in the renegotiation efforts of $456 million dollars of defaulted debt including twenty-two banks and numerous bond holders. Assisted in the negotiation and sale of wholly-owned Canadian subsidiary – MiniSchools Canada, Ltd. Assisted in the 1991 merger of wholly owned subsidiary Sylvan Learning Corporation with Kee Systems of Baltimore, MD and served on the merged company’s board of directors in 1991.

PORTRAIT INDUSTRIES CORPORATION – Chesapeake, Virginia 1987 – 1990

(Wholly owned subsidiary of Kinder-Care Learning Centers, Inc.) Vice President – Finance

Assisted in the acquisition audit of Portrait Industries Corporation & Max Ward Delmar Studios, Inc. for Kinder-Care Learning Centers, Inc. These two companies were purchased by Kinder-Care and merged to provide photography for day care facilities across the continental United States and school portrait photography for elementary, junior and senior high schools along with yearbook publication in approximately five states. Responsibilities included managing accounting, information technology and liaison between subsidiary and parent. Led the efforts for Kinder-Care in the sale of Portrait Industries/Max Ward Delmar to Lifetouch Studios, Inc. (Minneapolis, MN) in February, 1990. Subsequent to the sale, was offered the position to join the parent

(Kinder-Care) in Montgomery, Alabama in the position detailed above. BR’ER ASSOCIATES, INC. – High Point, North Carolina 1985 – 1987 Vice President – Finance

Financial officer of women’s apparel retailer which had locations in North Carolina, South Carolina and Virginia.

THOMAS, STOUT, STUART, CORE & STUART, CPA’S – Burlington, North Carolina 1976 – 1985 Partner 1981 – 1985

Staff CPA 1976 – 1981

Joined firm after graduation from UNC-CH in 1976. Areas of practice experience included audit, tax (corporate and individual), management advisory services, implementation and administration of defined contribution retirement plans, acquisitions and mergers for clients, private stock offerings and related financial projections. EDUCATION/CERTIFICATIONS

Bachelor of Science in Business Administration - Accounting from the Kenan-Flagler School of Business University of North Carolina, Chapel Hill – 1976

(John Motley Morehead Scholarship Nominee – 1970)

Certified Public Accountant - 1979

Chartered Global Management Accountant - 2012

PROFESSIONAL AFFILIATIONS

American Institute of Certified Public Accountants North Carolina Association of Certified Accountants Virginia Society of Certified Public Accountants

PROFESSIONAL RECOGNITIONS

Finalist – 2009 CFO of the Year Awards by The Business Journal – Winston-Salem, NC Eagle Scout – Boy Scouts of America

REFERENCES: Upon request