DARRELL Y. RAHE

***** ****** ****** • Omaha, NE *8164 • (402) 510 - 8436 • hpvg2j@r.postjobfree.com

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SENIOR OPERATIONS/FINANCIAL LEADER

CEO • COO • CFO

Senior operations and finance professional in the construction industry, seeking to leverage leadership and process improvement skills in a construction, manufacturing or other

growing and progressive environment. Areas of strength and special skills include:

• Significant experience leading large staffs of personnel toward efficient performance

• Dedicated toward improving level of workforce with sound hiring decisions and effective talent management direction; analytical decision maker

• Understands drivers that materially impact P&L; proven track record in directing finance activities

• Savvy and trustworthy negotiator; looks for win-win; comfortable with legal processes

• Thrives in environment focused on optimal service to commercial and residential customers

• Effective communicator, both one-on-one and in presentation settings

• Strong debater in union and non-union scenarios; can deliver rationale on both sides

• Technically strong; proficient with Microsoft Office suite

CAREER HIGHLIGHTS

DOUBLE D EXCAVATING, INC., Omaha, NE 2006 – Present

$16 million company that provides commercial and residential construction services to general contractors in Omaha, Nebraska, and surrounding areas. Services include demolition, site excavation, concrete work, retaining walls, foundations, snow removal and more.

Consultant –Interim (2012 – Present)

• Asked by senior leadership team to serve as interim consultant to ensure smooth running of operation as they work with investors to keep company viable and on track to profitability

Chief Operating Officer and Controller (2009 – 2012)

• Responsible for operations, finance, human resources, benefits, and legal administration, including 6 direct reports and 140 total employees

• Reviewed and approved all construction contracts; negotiated terms/pricing for contracts worth $40MM over four years

• Spearheaded initiative to improve software to properly link bids to back-end accounting system, essentially improving estimating accuracy by 100%

• Handled legal proceedings related to property & casualty claims, safety issues, collections and employee complaints

• Interfaced with IRS, Nebraska Department of Revenue, and other entities related to 401-K audits, refinancing packages, and real estate transactions; prior period audit under previous management had resulted in $60,000 assessment; after efficiencies had been put in place, the next audit resulted in less than $2,000 assessment

• Kept employees focused and maintained morale, despite company’s struggling financial situation

Darrell Y. Rahe Page 2

DOUBLE D EXCAVATING, INC., Omaha, NE (continued) 2006 – Present

Chief Financial Officer (2006 – 2009)

• Initially recruited by outside CPA firm to improve processes surrounding financial reporting and to drive technology strategy in support of P&L management

• Aggressively consolidated outstanding loans and relationships with multiple banking institutions, resulting in debt service reduction of 22% and interest rates on an average of 6-7%

• Evaluated several potential banking relationships toward establishment of lines of credit of up to 1.5 million dollars necessary for equipment purchases and daily operations

• Streamlined processes surrounding retirement planning; established company 401-K, while eliminating Simple-IRA which had put further strain on previous cash flows

• Directed all activities related to tax reporting, financial statements, and cash handling, plus A/P, A/R, and payroll for a staff of 5 direct reports

• Improved EBITDA from 3-year average of $1.1MM pre-2006 to a 3-year average of $2.1MM post-2006

• Through due diligence on contracts and performing work for only reputable contractors and owners, write-offs and uncollectibles significantly decreased from an average of $292K per year in 2003-2006 to only $34K per year from 2006-2009

WORLEY COMPANY, Irving, Texas 2005 – 2006

In the wake of natural, weather-related events or man-made environmental disasters, Worley manages catastrophic loss caseloads, leveraging technology and offering solutions to clients in their time of need.

Claims Adjuster

• Served as liaison between insurance company and customer during catastrophic loss scenarios

• Earned certification in handling various loss claims including wind, hail and flood damage; also obtained State of Texas Insurance Adjusters License

• Settled more than 1,500 Hurricane Katrina claims, exceeding $150MM

• Known as empathic listener with distraught and oftentimes elderly customers, while also focusing on efficient claim resolution; able to balance emotion with fact-based decision making

METRO ELECTRIC COMPANY OF OMAHA, Omaha, NE 1988 – 2004

$4.5million company with teams of licensed, experienced electricians who provide quality service throughout Nebraska and Iowa

President & CEO (1994 – 2004)

• Directed strategy and execution in all functional areas including operations, finance, human resources, estimating, purchasing, and field personnel; responsible for staff of 70 employees

• Grew company sales via expansion to markets such as Denver, CO which added more than $1 million in top line revenue; in total, increased revenue from $3.2MM to $4.8MM in three years

• Instilled sense of pride in employees who aimed to learn an important and valuable trade, reducing turnover by 20-25%

• Improved loyalty of customer base who noticed improvement in the standard of employees, resulting in increased negotiated work versus open bid work, allowing for higher margins

• Negotiated numerous favorable sub-contracting and supplier cost contracts, while mitigating company risk, putting guaranteed 10-15% lower costs in place

• Implemented well-received employee job incentive programs, increasing productivity

• Re-engineered process of evaluating bids for property & casualty insurance, shaving nearly 10% off of annual premium payouts

Darrell Y. Rahe Page 3

METRO ELECTRIC COMPANY OF OMAHA, Omaha, NE (continued) 1988 – 2004

Vice-President (1988 – 1994)

• Hired as Office Manager and promoted to Vice President within six months, overseeing 8 direct reports and 75 indirect reports

• Empowered by owner to run operations during his frequent absences

• Directed all finance activities, including AR/AP, payroll, P&L reporting, and all administration

• Recognized for efforts in raising hiring standards and ensuring A-players on staff

• Instrumental in developing comprehensive Metro Electric Safety Program, dropping Workmen’s Compensation Modifier from 1.56 to .94

EDUCATION

Bellevue University, Bellevue, NE

• Bachelor of Science, International Business (Graduated 1999)

PROFESSIONAL ASSOCIATIONS / CERTIFICATIONS

OSHA (Occupational Safety & Health Administration)

• 30-hour Certification (Renewed 2011)

MOBA (Metro Omaha Builder’s Association), Omaha, NE

• Active member; committee participation (1988 – 2004)

ABC (Association of Builder’s & Contractors), Omaha, NE

• Member (1988 – 2004)

COMMUNITY INVOLVEMENT

Metro Omaha Umpire’s Association, Omaha, NE

• Baseball umpire at high-school and select levels (2012 – Present)

Big Brothers Big Sisters, Omaha, NE

• Volunteer for Golf Tournament Fundraising Event (2004)

Papillion Select Baseball / Gross High Legion Baseball / Suburban Baseball, Omaha/Papillion, NE

• Served as head baseball coach for multiple organizations between 1985 and 2004 (8 teams in total)

Beautiful Savior Church, Ralston, NE

• Served on Stewardship Fundraising Board (1996 – 1998)

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