Joseph J. Greco

716-***-****

email: addxjf@r.postjobfree.com

Chief Financial Officer Vice President – Finance Corporate Controller Summary of Qualifications

Highly qualified multi-faceted executive for public and private multi-national manufacturing company. Passionate leader who believes in developing business partnerships through strategic internal and external resources to deliver above market results driven by operational excellence. Demonstrated ability to streamline business cost-centers to improve efficiencies and increase profitability. Strong business acumen, negotiation skills, communication skills and commonsense. Relentless work ethic, loyalty and dedication.

Successfully carved-out a career track leading to various senior management financial positions and most currently Chief Financial Officer. Keen financial and operational understanding allowed for strategic integration in the product and operational direction of the Company through working directly with Engineering, Procurement, Sales and Quality while overseeing the FP&A, accounting, finance, internal controls, information technology, tax and treasury functions. Leadership Experience in Following Areas

Employment

DAYCO, LLC (FORMERLY KNOWN AS MARK IV INDUSTRIES, INC) 1986-2020 Dayco is a diversified engine management technologies supplier, manufacturer and distributor of highly engineered systems and components used in engine related applications for the automotive original equipment and aftermarket industry. Over the past 30 years the company had grown from $38 million in revenues to over $2 billion, primarily through the company’s aggressive acquisition program. The company currently has revenues in excess of $1.0 billion with operations in 20 countries.

Professional Experience

Chief Financial Officer - 2016 – 2020

Partnered with CEO in development of business strategies revolving around revenue stream enhancement and cost structure improvements. Provided executive leadership for 9 global functional executives, as well as overseeing numerous transformation initiatives while fostering great relationships with the transaction service, investment banking, private equity and capital market community.

Selected Achievements

• Improved EBITDA by 37% over 5-year span through fiscal year 2019

• Refined finance organization structure leading to 26% reduction in headcount from ~190 to 140. while accelerating the monthly financial reporting process by 10 days (~$4m annual savings)

• Implemented global tax strategy and recruited new internal VP-Tax and Treasury which led to 40% annual income tax savings

Financial Accounting Management

GAAP and SEC Compliance

Mergers and Acquisitions

Divestitures & Reorganization

Equity and Debt Market Strategies

Tax/Legal Considerations

Cost Control Implementation

Operational Manufacturing

Risk Assessment

Cash and Asset Management

Financial Analysis

Strategic Planning

Budgeting and Forecasting

Cash Flow Management

Executive Leadership Directive

Communication Skills

Investor & Analyst Relations

Human Capital Management

Problem Solver

Goal & Solutions Oriented

Dedicated Professional

• One of two leads on a global transformation project which improved operating results by $40m. Main lead on footprint optimization strategy and work stream to completely change U.S. and Europe manufacturing footprint representing $25m of the $40m in savings

• Identified and led efforts for cost reduction actions to eliminate $8m of costs in the first 30 days of appointment

• Developed strategy to wind-up FX option to provide $27m of cash and relieve significant negative cash pressures in U.S. and company solvency concerns

• Implemented strategy to get cash out of Argentina and settle intercompany debt between four international regions without negatively impacting U.S. cash situation or additional tax exposure

• Implement Internal Audit Department working closely with department heads to introduce internal control risk assessment tool to provide controls around profitability and asset protection

• Developed strategies to support get well plan for new North American distribution facility consisting of aisle clean-up efforts, aisle monitors and inventory cycle counting and accuracy. Directed implementation of IT warehouse management system in existing distribution facility to increase shipment level and take pressure off start-up facility

• Implemented new IT strategy with an ERP overhaul for all global facilities replacing 8 ERP systems with one global system. Negotiated terms for the software saving purchase costs of $25m over 10yrs and an additional $2+ saving on annual ERP operating costs

• Introduced product and customer profitability reporting, previously unavailable, to help leadership better evaluate regional areas of focus to improve profitability

• Developed new global transfer pricing strategy to leverage one service provider, reducing costs and standardizing processes and information

• Implemented new financial reporting system to standardize information, improve data collection time and efficiency and better align actual, budgeting and forecasting financial information

• Implemented working capital reduction efforts reducing working capital over two years from 24% of sales to 19% of sales ($30m+ reduction)

• Direct communications with Board of Managers, Investors and Lenders

• Mentoring, guiding and supporting 15 senior global leadership executives

• Oversaw 4 direct senior finance management positions with global responsibilities in the areas of accounting, tax, treasury, financial planning and performance and IT

Vice President – Finance – 2014-2016

Top financial position reporting to and advising CEO and CFO directly

Lead finance resources for exploratory sale process of the Company

Responsible for all financial diligence gathering on behalf of the Company for sale process

Directly responsible for preparing all external presentations to investment bankers and potential buyers

Communicated directly to investment bankers and potential buyers on diligence questions and financial reviews

Responsible for writing all scripts for CFO on all financial presentations to Board of Managers, external investors and lenders

Successfully led team on refinancing over $400m of the Companies senior debt

Integral resource in major cost reduction project to eliminate $26m of costs from the business, oversaw the review and approval of over 100 costs reduction work streams

Corporate Controller - 2008-2014

Responsible for global accounting operations, overseeing all aspects of internal and external financial reporting & analysis

Responsible for all aspects of preparing global GAAP financial statement and footnotes

Navigated Company through Chapter 11 reorganization securing bridge financing, restructuring highly leveraged debt structure and emerging from Chapter 11 in an accelerated six-month time period

Responsible for management financial reporting package, board financial reporting package, and monthly executive summary, as well as financial analysis prepared for shareholders and lenders

Wrote Management Discussion & Analysis (“MDA”), as well as all business descriptions

Responsible for 6 regional group controllers from North America, South America, Europe and Asia overseeing all financial reporting requirements, providing technical guidance and assisting with forecasting and planning

Prepared and presented financial information to Board of Managers and Audit Committee

Responsible for financial planning and analysis which included: monthly trend analysis, monthly forecasting, financial modeling, financial highlights, industry analysis, ratio analysis, benchmarking reports

Performed special projects for executive leadership team and assisted in strategic initiative presentations

Served as a direct liaison with external auditors, actuaries, lenders and valuation providers

Developed and implemented accounting manual for the global corporation

Streamlined several reporting processes to reduce closing days

Directed the tasks and mentored a staff of seven professionals Other Senior and Staff Finance Positions (1986-2007)

Responsible for all aspects of preparation of S.E.C reports (Form 8-K, 10-Q, 10-K, S-1)

Oversaw preparing financial statements and implementation of FASB pronouncements

Led teams responsible for due diligence related to company’s acquisition and divestiture programs. Successfully closed on over 100 transactions growing Company from $38 million in revenue to over $2.0 billion

Worked with investment bankers, legal counsel and financial institutions on various capital market issuances raising in excess of $2.0 billion in financing

Worked closely with external auditors to plan and facilitate the global audit requirements

Prepared Pro forma financial information for acquisitions and divestiture program

Prepared earnings per share and weighted average shares outstanding calculations Education

State University of New York at Buffalo

Micro-Master of Business Administration Certification Canisius College, Buffalo, New York

Bachelor of Science – Accounting

Computer Skills

Strong skills with various software programs including all Microsoft Office applications, as well as use of Internet and other research orientated software programs Professional Involvement

Lancaster School District Building Planning Team

Lancaster School District Business Partnership Committee Various Charitable Organizations

Various Youth Organizations

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