INAMED CorporationVice President/Treasurer
Jan. 2000 - Dec. 2007Santa Barbara, California, United States● SCOPE OF ROLE: Strategic Planning, Treasury Management, Taxation, Investment Administration, Cash Flow, Budgeting, FP&A, Taxes, Risk Management, Strategic Planning, SEC Filings
● Championed the development of 3 high-profit margin products under development in Company labs resulting in financial results resulting in an 18x increase in Company Market Capitalization in 5 years. ● Fueled financial turnaround and positioning for sale, directing finance operations for this $425M medical device firm as senior management team member, Sarbanes-Oxley compliance architect, and board/auditor liaison. Led a team of 20.
● Paved the way for a $3.6B sale to Allergan, developing a 10-year financial projection model encompassing three financial statements by region/product line. Defined potential sales prices by product line by employing discounted cash flow analysis.
● Lowered global effective tax rate from 34% to 19% by devising sophisticated structures to reduce state, federal, and international taxes. Oversaw global tax audits and won favorable settlements on $30M in IRS tax audits.
● Carved out $1M in premium savings and pushed risk classification from 20% to 80% protected via detailed analysis of physical plant, fire, business interruption exposure, and construction plan. Funded fire suppression systems with zero new investments.
● Championed and led negotiations and closing of $100M in debt refinancing to set the stage for financial recovery.
● Boosted after-tax yield by 3% by formulating an investment strategy. Maximized earnings while sustaining a low-risk portfolio.
● Property Management, Corporate Offices, Manufacturing Facilities, Office Space. Activities included property maintenance and repairs, Risk Management, Lease Negotiation, Legal Compliance and Documentation, Crisis Management, and safety and security