Joachim Jaginder 415-***-**** *********@*****.*** Winter Park, FL 32789
Hands-on financial executive adept at leveraging expertise to steer cost-winning financial business operations for leading globally listed companies and for private equity as well as privately held. Integral in several high-level acquisitions, IPOs, divestments, and transactions with expertise on the buy- as well as sell-side. C-level acumen within leading global organizations directing multi-million dollar revenue growth, cost take-outs, and cash flow optimization. Holds a Master in Accounting and Finance.
Innovation & Revenue Growth: driven strategist with hundreds of millions of dollars in revenue and operational profit growth track record, and major cash flow improvements, for listed and private equity owned organizations.
Operational Leadership: keen ability to transform unstructured chaos into aligned financial operations with strategic business goals to critically evaluate and respond to ever-changing financial and business needs.
Global Business Acumen: on- and off-shore business collaborator ensuring high-level performance standards while cultivating lasting partnerships and building trusted relationships across global business sectors.
Areas of Expertise
Global Finance Leadership – IPOs – Cost Reduction – Budget Administration – Financial Forecasting & Reporting – Strategic
Negotiations - Strategic Acquisitions – Major Restructures – Investor Relations – Private Equity – Divestments – Financial
Solutions – Mergers & Acquisitions – Global Operations – Risk Management – Accounting – Cash Flow & Working Capital Modeling
& Optimization - NASDAQ / SEC Reporting – Large Cap - Revenue Growth – Board of Directors – Consulting - International
Business Acumen – Global Partnerships – IFRS – US GAAP – Business Analysis – Data Analysis – Human Resources
Professional Experience
Bonnier Corporation 2015 to 2020
Bonnier is the largest media conglomerate in Northern Europe across newspapers, business & trade press, magazines, film, books & digital media, w/ substantial presence in Germany, U.K. & Eastern Europe, and the U.S. and operations in 12 countries & 8,000+ employees.
Chief Financial Officer
Direct responsible for performed diversifying Bonnier Corporation's (Bonnier Group’s U.S, operations) revenue streams together with substantial cost-take outs (60%+ of total staff), several restructures, and total reorganizations and successful divestments of brands, divisions, and assets. Steered company towards cash flow maximamization and working capital optimization while utilizing in-depth international expertise as a seasoned CFO combined with result-driven leadership approach to successfully build a stronger platform within the US for Bonnier’s American Operations, and for future divestments
Navigated very challenging market of historic print related business, and Bonnier’s biggest US assets, to transition to modern digital platforms across very strong well-known brands, such as: Popular Science, Outdoor Life, Field&Stream, Saveour, CyckleWorld, Motorcyclist, Yachting, and Sailing, & Boating, among several others.
Transformed U.S. business from legacy revenue streams (print advertising and print subscriptions) to a more future proven diversified revenue portfolio (digital, video, events, licensing, consulting, and agency services).
Generated significant profitability increase, as well as substantial cash flow improvements year-over-year by creating new revenue streams, together with a substantial lower cost base, and effective Working Capital management
Com Hem 2008 to 2015
Leading cable operator in Northen Europe connected to 1.8M households and listed on Large Cap, OMX/Nasdaq, Stockholm (IPO 2014).
Chief Financial Officer
Actively oversaw financial operations while concurrently serving as Board member of all 10 companies within the Com Hem Group, as well as in the listed company. Directly managed high-performance financial department of 30+ employees. Managed all financial activities of organization, playing key role in strengthening overall business.
Actively led and launced the largest IPO in Sweden for 14 years at EV ~$3B, leading IPO process from the company’s side and achieving outcome of $2.1B market value in 2014.
Achieved growing Com Hem revenues with $200M in 6 years and boosted EBITDA from $200M to $330M with steep increased margins, driving revenue growth in combination with substantial fixed cost reductions.
Succesfully led the sales process of Com Hem’s acquisition by a global private equity company for EV $2.4B.
oSimoultanously successfully championed a triple track: IPO, trade sale, and PE buy-out; and actively oversaw and negotiated ongoing PE bids in a process with 5 contenders, completing transaction in 2011.
oSucessfully actively led and spearheaded a full re-finance following transaction that included senior syndicated bank debt with 70 lenders, senior secured bond, senior bond, and PIK-note.
Com Hem, continued:
Successufully in charge and created a major refinancing of Com Hem in 2009 with existing lender syndicate of 60 lenders involving a complex covenant reset and a management participation reset structure.
Acted as both CEO & CFO from December 2013 to May 2014 (major part of the IPO process)
Eniro 2005 to 2008
Nordic company offering search services and directory assistance in many countries. Listed on OMX/Nasdaq, Stockholm.
Chief Financial Officer
Established Eniro as the leading local search company in the Nordic Media market. Enhanced revenue through acquisitions and organically, accomplished in combination with substantial cost reductions and efficiency measures.
Strategically influenced increase in revenues from $675M in 2004 to more than $900M in 2007.
Improved operational profit from $175M in 2004 to $330M in 2007 with increased margins.
Accomplished two major acquisitions: Findexa in Norway in 2005 valued at $1.5B, the largest transaction in Sweden that year; and Krak in Denmark in 2007 worth $75M.
Created two refinances of Eniro Group s debt structure: $1.7B in 2005 and $1.9B in 2007 (a consortium of seven banks), in addition to one major change of financial covenants in 2006.
Song Network Group 2003 to 2005
Leading B2B Nordic telecom operator.
Chief Financial Officer
Led as influential member of executive team and Board member in all major subsidiaries. Successfully turned around struggling company, leading Song Network Group from near bankruptcy to profitability and positioned company for lasting future growth. Effectively improved business operations and drove positive operational cash flow.
Achieved average of 45% improvement of EBITDA quarter on quarter from Q1 2003 to Q2 2004 with positive EBIT from the fourth quarter 2003 and onwards.
Steered company to achieve positive operational cash flow from Q2 2003 on by driving profitable operations and positive changes in working capital.
Together with Chairman actively leading critical negotiations during Song Networks’ acquisition by TDC; and boosted value of company by $645M in 1.5 years, supporting $785M sale of Song Networks to TDC.
AU System / Teleca 2000 to 2003
Consulting services and solutions provider across technologies within information technology and telecommunications.
Chief Financial Officer
Recruited to lead as CFO when AU-System went public. Played integral role at company during acquisition of three companies and the launch of five international offices in UK, US, Italy, Singapore, and Thailand. Additionally, later oversaw major company downsize. Launched new share issues and renegotiation of bank terms and conditions. Led and launched implementation of conceived new cash management and reporting processes. Successfully led and accomplished addition of new bank financing.
Co-opted Board member in the listed company AU-System AB and Board member in approximately 30 subsidiaries.
Appointed CFO for newly combined group when Teleca AB acquired AU-System through public bid.
Led acquisition of four companies in France, Italy and UK and one listed company in Sweden.
Launched three new international companies organically in Germany, Korea, and Japan.
Additional Experience – details available upon request
McDonald’s Sweden Group, Deputy CFO, Chief Controller & Chief Business Manager Sweden
Education
Master in Accounting & Finance, Stockholm University
Languages
English (expert) and Swedish/Scandinavian (expert); German (somewhat conversational); Italian and French (limited conversational)