resume_chris_arndt 2015 cfo

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Chris Arndt CHIEF FINANCIAL OFFICER (CFO), CHIEF OPERATING OFFICER (COO), Atlanta Metro Area Cell: (770) 310-0650, e-mail: [email protected] Proven success driving strategic growth through revenue and profitability enhancement while balancing operational responsibilities and the need for strong controls. Open communicator applying a value-based approach to assess business models, simplify complex issues, identify key drivers, and lead transformative initiatives. FINANCIAL/OPERATING PERFORMANCE & PROCESS IMPROVEMENT LEADERSHIP Strategic Planning • Restructuring, Reengineering, and Reorganization • Crisis Management • Mergers & Acquisitions Equity Investing • Technology Enablement • Turnaround • Board and Investor Relations Versatile executive with an MBA in Finance and a powerful blend of financial and operations expertise gained over 20+ years of executive management complemented by top tier turnaround Big 4 consulting experience spanning diverse industries including health care, information technology, retail, and manufacturing. Equally adept at directing management of financials, identifying and executing investment and product strategies, driving/supporting growth through operational excellence, business realignment, process improvement, turnaround and cost reduction initiatives. Readily motivates teams, defines objectives, and drives accountability at all levels. Routinely asks “What if?” and embraces dynamic, changing business models - thinks like an investor; acts like an owner. Extremity Healthcare: o Led restructuring of a $30M healthcare network as both full time CFO and interim COO. Process included creation of industry leading physician compensation structure, new technology and collections infrastructure, new legal structure, change in tax filing status, and a governance process to support growth. Efforts concluded with successful $4.5M debt recapitalization which included the removal of personal guarantees. o Managed the outsourcing of IT and collections departments in order to improve efficiency, which combined with other initiatives, reduced corporate headcount by 29%. Vertrue: o Served as COO and CFO for two businesses of a holding company, restructuring each for substantial cost, efficiency, revenue, and customer retention improvement. Enhancing positioning of one for potential sale or IPO. o Automated and standardized lending process, moving from paper-intensive processing to electronic, web-based portal that reduced accounting department headcount by 8 (62%) and shipping costs by 60%

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Page 1: Resume_Chris_Arndt 2015 CFO

Chris ArndtCHIEF FINANCIAL OFFICER (CFO), CHIEF OPERATING OFFICER (COO), Atlanta Metro AreaCell: (770) 310-0650, e-mail: [email protected]

Proven success driving strategic growth through revenue and profitability enhancement while balancing operational responsibilities and the need for strong controls. Open communicator applying a value-based approach to assess business models, simplify complex issues, identify key drivers, and lead transformative initiatives.

FINANCIAL/OPERATING PERFORMANCE & PROCESS IMPROVEMENT LEADERSHIP

Strategic Planning • Restructuring, Reengineering, and Reorganization • Crisis Management • Mergers & Acquisitions

Equity Investing • Technology Enablement • Turnaround • Board and Investor Relations

Versatile executive with an MBA in Finance and a powerful blend of financial and operations expertise gained over 20+ years of executive management complemented by top tier turnaround Big 4 consulting experience spanning diverse industries including health care, information technology, retail, and manufacturing. Equally adept at directing management of financials, identifying and executing investment and product strategies, driving/supporting growth through operational excellence, business realignment, process improvement, turnaround and cost reduction initiatives. Readily motivates teams, defines objectives, and drives accountability at all levels. Routinely asks “What if?” and embraces dynamic, changing business models - thinks like an investor; acts like an owner.

Extremity Healthcare:

o Led restructuring of a $30M healthcare network as both full time CFO and interim COO. Process included creation of industry leading physician compensation structure, new technology and collections infrastructure, new legal structure, change in tax filing status, and a governance process to support growth. Efforts concluded with successful $4.5M debt recapitalization which included the removal of personal guarantees.

o Managed the outsourcing of IT and collections departments in order to improve efficiency, which combined with other initiatives, reduced corporate headcount by 29%.

Vertrue:

o Served as COO and CFO for two businesses of a holding company, restructuring each for substantial cost, efficiency, revenue, and customer retention improvement. Enhancing positioning of one for potential sale or IPO.

o Automated and standardized lending process, moving from paper-intensive processing to electronic, web-based portal that reduced accounting department headcount by 8 (62%) and shipping costs by 60%

o Reduced loan risk and default exposure on a $94M loan portfolio substantially with new underwriting guidelines.

ChoicePoint (LexisNexis):

o Transformed business incubator from “dream works” shop into multiple sustainable businesses, assessing and distilling nine ventures to core group of three companies that contribute $7M per year in profitable revenue.

o Improved average revenue per billing customer by 17% with behavioral-based and ‘seat rate’ pricing models supported by data cost tracking templates to facilitate pricing decisions and data purchases (eliminated $1M in unprofitable revenue streams). Managed establishment of vertical sales groups, and assisted with conversion to new data providers.

o Managed reorganization of public records division post data breach, including architecting and overseeing development of behavioral pricing models.

Scientific Atlanta (Cisco):

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o Orchestrated M&A/equity investment strategies for $2B manufacturer of broadband equipment. Invested more than $40M over two years in multiple transactions. Investement portfolio drove accretive earnings due to most favored nation pricing, mark to market adjustments and gains from execution of zero cost performance warrants.

o Directed activities of a cross-functional team that created custom bidding / proposal software that standardized product configurations and program management costs, and eliminating costing / pricing errors.

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PROFESSIONAL EXPERIENCE

AutoTrader.com, Atlanta, GA, VP Finance (divisional CFO) 2014 - Present

VP Finance for a $1.2B online media business overseeing all financial reporting, budgeting, corporate reporting and consolidations. Aligned department to a Functional Support Structure. Managing a team team of 30.

Transformational CFO, Atlanta, GA, Contract Consulting Services while in Transition 2012 – 2014

Interim CFO / COO (2013) for a $40M Interactive Science Entertainment Organization, creating a multiyear strategic plan, raising $12M in debt, reducing expenses by $220K, and implementing ACA compliant Self Insured Benefits Plan.

Capital / Business planning consultant (2012-2014) for Hyperbaric wound care and sports injury recovery network.

Extremity Healthcare, Inc., Atlanta, GA, Chief Financial Officer (CFO) 2010 – 2012

Reporting to the CEO and Board of Directors was tasked with the strategic planning and operational reorganization of the company. The new $30M Physician Network hosts a platform that can handle rapid growth through acquisition, while also providing shared services to entities outside of the original company.

Vertrue, Inc. (Holding Company, Private Equity Backed – One Equity Partners) 2007 – 2009

Bargain Network, Inc., Santa Barbara, CA, Chief Operating Officer (COO) & Chief Financial Officer (CFO)

Accepted interim role at request of Board of Directors to lead analysis and restructuring of troubled privately held data aggregator offering subscriptions to database of foreclosed homes and discounted automobiles to consumers nationwide.

My Choice Medical Holdings, Inc., Alpharetta, Georgia, VP Finance & Chief Financial Officer (CFO)

Reorganized a $70M physician practice management company providing lead generation, marketing, and financing services to 170 plastic surgery centers nationwide.

ChoicePoint, Inc. (LexisNexis), Alpharetta, GA 2001 – 2007

PUBLIC FILINGS GROUP, Financial Officer/AVP Finance

Restructured and optimized processes for the post data breach $115M public records division of an $850M insurance and data analytics company.

NURSERY OPERATIONS (In-house Incubator), Director of Finance (Departmental CFO)

Selected by Chairman of the Board to assess incubator’s 9 new businesses, validate business models, validate pricing models, create business cases, and prepare for absorption into established business units.

CORPORATE, Director of Finance, Mergers and Acquisitions / FP&AReporting to CFO, worked with business unit leaders to manage acquisitions and improve operations.

Scientific Atlanta (Cisco), Lawrenceville, GA 1997 – 2001

CORPORATE, Manager of Finance, Equity Investing, Mergers & AcquisitionsManaged investment analyses, equity investment negotiations, IPO planning, FP&A prep work for analyst calls and earnings releases, and quarterly industry/competitor/customer trend analyses for a $2B manufacturer of broadband and satellite networks.

SATELLITE NETWORKS GROUP, Process Reengineering Director Reporting to CFO of $100M division, won Top Process Improvement Award for outstanding process improvement results.

Big 4 Consulting Experience (M&A, Crisis Management and Restructuring) __________ 1993 – 1997

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PriceWaterhouseCoopers, Atlanta, GA (Office Closed) - Led turnaround (as acting CFO) of a distressed clothing manufacturer and created acquisition funnel for one of the nation’s largest shipping companies.

The Lenox Group, Atlanta, GA (Office Closed) - Analyzed and presented business investment opportunities to investment board for startup private equity group.

Ernst & Young (Macquarie Group), New York, NY - Advanced from Staff, to Senior, to Manager in two-year period, creating liquidation, restructuring, merger, and bankruptcy emergence strategies for challenged businesses.

Early employment prior to and during graduate school includes Strategic Planning Manager at RepCo Marketing of Marietta, Georgia, and International Letter of Credit Specialist for First Union National Bank (Wells Fargo) of Charlotte, North Carolina.

EDUCATION / ORGANIZATIONS / CERTIFICATIONS

MBA Finance – International Emphasis, Georgia State University Robinson School of Business, 1993BA Political Science/ Minor Economics, University of North Carolina at Charlotte, 1989 ~ Senior Thesis on Governmental Impact on Product Demand nominated for publication ~

FINANCIAL EXECUTIVES INTERNATIONAL ● Board of Directors, Southeast Region, 2009 - 2012 ● President, Atlanta Chapter 2008-09, 2013-2014 ● Active Board Member, Atlanta Chapter 2002 – PresentAMERICAN MANAGEMENT ASSOCIATION ● Certified Strategic Planner, 2000