STEPHEN E. FODO
2515 Golden Pond
Kingwood, Texas 77345
SENIOR FINANCE EXECUTIVE
Officer / M&A & Investment Strategist / Financial Advisor &
across corporate finance and general management has honed ability to
think strategically and execute tactically. Sound M&A, investment,
strategic partnering and corporate development skills with success in
leveraging capital and investments to build scale, reposition markets/products
and move businesses forward.
Natural talents in fostering
critical decision making at the executive level which have translated
complex strategies into workable solutions. Excels in managing
the top line revenue and bottom-line cost structures, and building sound
financial teams and organizations. Instilled fiscal discipline
promotes pragmatic growth across new economy and old line manufacturing
and service businesses in various stages of growth, turnaround and transition.
Chief Compliance Officer
Series Trust, Houston,
A family of international
and global mutual funds
Reporting to the Trustees insure
compliance with SEC rules and regulations including Sarbenes-Oxly
governing registered mutual
funds. Successfully completed SEC Exams and resolved Wells Notice for
Market Timing. Led RFP for replacing Service Providers. Part-time,
Advisory Board Member
Ingenero Inc, USA, Mumbai
An emerging growth offshoring
company providing process engineering services via the internet to downstream
Key member of the US based
interim management team providing business development and organizational
services to this Venture Capital backed 3 year old company. Assisted
in directing the growth of the firm to over 150 engineers and a global
foot print. Part time, contract position.
Chief Financial Officer
Organic Fuels Holdings Inc,
A bio diesel and alternative
fuels venture backed early stage growth company
Engaged by the Venture Capital
firm to revitalize the financial function and participate in raising
debt and equity capital. Mission accomplished. Part time employed
Morris-Anderson & Associates
IL 2003 to 2005
A national turn around / crisis management
firm serving the middle market
Specialist in providing needed
business expertise to stabilize and steer under performing companies
toward operational and financial success. Business Development responsibilities
- Advisor to a
Venture Capital backed technology manufacturing company transitioning
to a software
* Chief Restructuring Office for a troubled steel
fabrication roll up which resulted in the sale of the operating
units to the original owners
Engagement Partner -Houston
TATUM CFO PARTNERS,
LLP, Atlanta Georgia 2000 to 2002
A national partnership
of career CFOs serving early stage, middle market and large corporations
Retained for long-term
financial, transactional and investment leadership assignments with
primary focus on moving businesses forward. Roles focus on parallel
paths of strategy and forward-thinking tactics to raise financing, facilitate
strategic acquisitions and enhance investment market visibility, while
reengineering financial infrastructures, improving internal controls,
and instilling benchmark operating standards.
& Growth/Exit Strategies Assignments
- Chief Financial & Strategy
Officer for Enerva Corporation, an $8 million 60-person web-based software
and solution development company recognized as one of the fastest growing
companies in Houston.
- Identified, structured
and closed a horizontal acquisition allowing the firm to increase business
capability 50%, by adding intellectual assets and rounding out technology
- Expanded bank facilities
and secured equity participation.
- Mentored key executives
and technical staff on sound fiscal management and business discipline.
- Established an outsourced
finance and accounting function allowing firm to lower cost of overhead.
- Advisor to Muehlstein Corporation,
a global chemicals manufacturer and commodity products distributor.
- Screened 63 specialty product
manufacturers to determine the best acquisition candidates, performed
analysis, due diligence and participated in negotiations.
- Formulated value added
alternatives to base business.
- Advisor to Proline Manufacturing
Company, a $20+ million privately-held buckets/grapples manufacturer.
- Developed a complete business
exit strategy for a sole proprietor outlining divestiture, merger, joint
venture and/or strategic alliance scenarios.
- Led discussions with largest
competitor and proceeded to formal deal structuring stage.
Houston, Texas 1993 to 2000
chemical company and member of the Chao Group, a rapidly growing
Asian family enterprise
VICE PRESIDENT &
TREASURER – BUSINESS DEVELOPMENT (1993 to December 1999)
Top Finance Executive
for a multi-plant US manufacturing business and confidential advisor
to foreign owners and Malaysian affiliate. Scope of accountability
and authority spanned finance and corporate development, and included
interactive involvement in all related projects and transactions. Member
of a six-person Executive Committee providing strategic insight to owner
in overcoming adverse industry conditions and business constraints.
Capital Funding, Asset Management & Wall Street Relations
- Guided long-term growth and
value optimization strategies through heavy M&A and investment activities.
- Growing the corporate portfolio
from six to 12 businesses within six years.
- Strategic acquisition and
bridge financing of $100 million chemical manufacturing facility.
- $120 million roll-up transaction
of three companies to gain controlling interest in domestic and international
facilities valued at $800 million.
- Led capital acquisition activities,
and served as the principal architect and negotiator and of complex,
- Secured $1+ billion in
bank credits and private placements
- Led pre-IPO activities
– selected counsel and underwriter, performed due diligence, prepared
filing and contributed to road show presentations
- Delivered improved ROI
through the disposition of non-productive assets valued at $10 million
- Built critical ties within
the financial community, and strengthened relationships for shareholders
with lenders and analysts. Achieved Investment Grade from rating
Management & Business Leadership
- Created the holding company
business infrastructure for the six original US companies, and realigned
the organization as it doubled in size over a six-year period.
- Contributed to creating financial
planning, budgeting, general accounting, audit, analysis, and reporting
systems that provided operating managers and owners with critical financial
information for decision making.
- Established a corporate risk
management function and linked it to investment and asset management.
Monitored interest rate exposures and restructured business insurance
contracts for the global Chao Group.
- Contributed to the implementation
and proficient utilization of SAP/EVA systems having a significant impact
on financial analysis and decision-making capabilities.
C.A. JOHNSON COMPANY,
Houston, Texas 1988 to 1993
providing transaction brokering services and management advisory for
start-up and turnaround enterprises
INTERIM CHIEF FINANCIAL
OFFICER & GENERAL MANAGER – ACPC, INC. (1991 to 1993)
$100 million manufacturing
company owned by Sural Group, a private holding company based in Venezuela
- Executed an enterprise-wide
restructuring which halted losses and delivered positive cash flow in
- Closed non-performing manufacturing
facility, and relocated a plant and corporate HQ. Reduced headcount
by 50% and cut overhead costs by up to 35%.
- Rebuilt lender relationships
resulting in a $35 million secured line of credit and a $3 million equity
- Established financial reporting
systems (budgets, revenue projections, cost forecasts, cost accounting,
- Redirected domestic marketing
and expanded European trading to protect profits as the US market declined.
VICE PRESIDENT , FINANCE
& ADMINISTRATION – WELLSTREAM CORP. (1990)
$50 million manufacturing
company – Hillman Company second-stage start-up
- Structured a private placement
memorandum and raised $11 million in venture capital, concurrent with
building and leading the entire financial organization.
- Designed business processes
and internal controls. Led a team of 10 finance and accounting
- Instrumental in taking the
company to the “next level” in market positioning and business performance.
- Initiated a formal profit
planning system with structures for capital and departmental expense
budgeting, and improved financial analysis and year-end closing processes.
ADVISOR (1988 to 1993)
Business & Financial
- Designed structure and financing
of $5 billion proposal for MBO of a Tenneco business.
- Analyzed a business for Chase
Manhattan Bank on a $1 billion potential acquisition by foreign corporations.
- Identified potential partners
and financing for $35 million project management company.
- Successfully advised a specialty
retailer on an $85 million IPO of equity and debt.
included progressively responsible finance, accounting and treasury
positions culminating in the Vice President and Treasurer position at
Citgo and the Operating Treasurer position at Gulf Oil. Structured
and negotiated several complex transactions, and played key roles in
diverse business situations (e.g., spin-off, joint venture, MBO, roll-up,
corporate and project financing) with far-reaching political implications
and significant financial risks. Built and led finance, treasury, financial
analysis and general accounting teams.
- Worked through complex financings
and transactional processes to secure capital and structure a Latin
American joint venture between Citgo and Conoco.
- Negotiated $500 million international
bridge financing in an adverse credit market, structured the private
placement of $100 million in subordinated debt, secured $60 million
project financing for Citgo.
- Placed $6 billion in offensive
and defensive revolving credits, structured $700 million in Euro-dollar
issues and managed $700 million expansion of captive finance subsidiary’s
commercial paper issuance for Gulf.
- Directed the sale of $250
million production payment and initiated electronic funds transfer system
that freed $60 million in working capital for Gulf.
Program, University of Pittsburgh
(Magna cum Laude), Morehead State University