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Director Operations 15 Year

Location:
Wayne, NJ
Posted:
March 13, 2023

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Resume:

Joseph Stambouly

Wayne, NJ

*********@*****.*** 914-***-**** www.linkedin.com/in/joe-stambouly

Chief Financial Officer / Chief Operating Officer/ Chief Risk Officer

Deliver earnings growth, leading all aspects of business & partnering with customers

Accomplished executive with broad-based experience leading, motivating and supporting teams to achieve goals. Lead cross-functional teams to achieve best possible outcomes. Expertise in working with emerging markets, delivering results with constrained resources. Combine strong financial, operational, and commercial skills with the ability to develop long-lasting, productive relationships with internal and external customers. Clear thinker who translates complex business issues into easy-to-understand communications.

Executive Leadership Business Management Sales & Marketing Operations Controlling & Finance

Risk Management Strategic Planning & FP&A Customer Centric Negotiations

PROFESSIONAL EXPERIENCE

INTEROCEANIC CORPORATION, White Plains, NY June 2020 – June 2021

Chief Financial Officer

Direct the financial and operational activities of IOC Corp. and affiliates, a manufacturer of fertilizers and chemicals. Lead all efforts on financial reporting, month-end close, financial metrics, business analytics, cost accounting, and all logistics

Developed a consolidated financial reporting system and financial statements to reflect the actual profitability of the integrated business operations of 4 separate legal entities

Designed and implemented an in-depth revenue and cost (above margin and below margin) review process for IOC Corp. based on trend analysis to identify opportunities for cost reduction

Revised the structure of insurance broker fees which triggered an annual savings of $500,000 plus per annum

Drove a more thorough monthly balance sheet review process which identified a $1,000,000 correction to earnings (mostly prior year), resulting in GAAP accordance financial statements

Developed an elaborate and detailed daily cash flow reporting system and management process to better predict future cash flows and to better manage the debt to equity ratio

Introduced a formal financial modeling approach inclusive of IRR, DCF, and payback period calculations for capital projects, potential acquisitions and internal growth projects

Negotiated with external auditors to save 10% in 2021 audit fees

Preparation of two Board presentations along with plant budgeted spending approved by the Board

BUNGE LIMITED, White Plains, NY 2007 – 2019

(NYSE: BG) A leading global agribusiness and food manufacturer operating in over 40 countries with ~$45B in revenue and over 30K employees.

Chief Risk Officer 2011 – 2019

Recruited by corporate CEO and CFO to transform global risk function into a strong governance and collaborative role. Report to the CFO and the Finance and Risk Policy Committee (FRPC) of the Board, accountable for determining the risk appetite of

Joseph Stambouly www.linkedin.com/in/joe-stambouly Page 2 of 2

BUNGE LIMITED Continued

the company and the identification, measurement, and reporting of all types of risks, including market/price risk; credit and counter party risk; operational, strategic, tax and compliance risks. Responsible for leading global insurance program.

Generated 9 figure trading margins per annum by taking lead role on a senior commercial / corporate team in regard to trading Agriculture commodities in high risk emerging markets such as Iran and Venezuela.

Grew profitable earnings and protected shareholder value by utilizing commercial and financial acumen along with deep trading knowledge.

Developed trading analytics, stress tests and drawdown limits to monitor daily PNL impact from commodity price swings

Ensured the mitigation of losses by creating a global Enterprise Risk Management program to identify and monitor potential issues with multimillion-dollar economic impact.

Increased business and trading margins in high-risk environments and proactively managed daily exposure of over $1B by implementing state-of-the-art global credit and counter party risk management system and formation of a global policy.

CFO, Bunge Global Agribusiness 2007 – 2010

Global financial and strategic management of a $30B business segment of Bunge Ltd. Drove business strategy development, planning, and implementation. Directed trading and business risk management for 5 major product lines and was a member of

the Bunge Limited Credit Committee. Accountable for controlling the integrity of the company’s assets and accounting records and managing strategic alliances and administration.

Achieved record operating profits of $2B over a 3-year period and a return of 2% over cost of capital by developing and implementing a global plan to manage $7B of working capital.

Reduced SG&A costs $10M on an annual basis by initiating a cost reduction program.

Hired and trained Controllers for new trading desks and re-engineered work processes on Ocean Freight desk, which enhanced controls and increased trading margins

Steered the preparation of the annual global budget for profit and loss of the segment, creating a monthly review process with the CEO to explain actual results and performance against budget

Preparation of 5 year strategic plan, collaborating with Agribusiness CEO to define the l-t growth plans of the business

Collaborated with commercial team to generate multimillion-dollar margins by conceiving and implementing processes, controls, policies and procedures for a new Energy and Bio-fuels trading business, and a new Sugar trading business.

EVONIK CORPORATION, (formerly Degussa Corporation), Parsippany, NJ 1986-2007

Vice President and General Manager, Aerosil Products 2000 – 2007

Directed $100M plus Specialty Chemicals product line with P&L responsibility for this NA multi-site manufacturing operation. Managed all aspects of the business including sales, marketing, production, logistics, controlling and business development.

Generated consistent profits and returns of 20% or more and 100% customer retention through identification and development of new markets, products, and applications and coordination of acquisition or alliance candidates.

Achieved double-digit returns by creating a new market space and a multimillion-dollar business in the development of high-tech applications in the Semiconductor and Paper Coatings Industries.

Led North American efforts on a global negotiating team to secure a 15 year, $200M North American supply agreement with business unit’s largest global customer, GE Silicones.

Strategically managed the business to its largest EBIT and Return on Capital Employed in 25 year history of the business

Director Operations, Chemicals; Director, Auditing & Financial Reporting; Corporate Controller; Sr. Accounting Manager

EDUCATION & PROFESSIONAL DEVELOPMENT

Bachelor of Science (BS), Accounting, Seton Hall University, South Orange, NJ

Certified Public Accountant (CPA), State of New Jersey (Formerly)

INSEAD Executive Management Development Program, Fontainebleau, France



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