Derek Scallett

Multiple Regional and Multinational Companies: As Chief Financial Officer (CFO) / Senior Vice President, Transformative Management, Officer or executive advisor, Derek worked for regional and multinational companies with up to $2B+ in revenues, 15,000 employees, and multiple entities. He executed transformational management through proactive adjustments to company vision or direction and managed fundamental change. Derek employed strong people management skills to resolve associated challenges, evaluating operations, assessing organizational structure, observing employee capabilities, analyzing product line(s), and investigating opportunities across the business. He also resolved staffing issues, including positional redundancy, skill gaps, employee development breakdowns, incentive programs, and employee morale. 

Derek recognized and appraised new markets to incorporate or expand knowledge base, lengthen product reach, and underscore partnerships. He increased profits by streamlining processes and restructuring organization, enhancing efficiency within existing operating capacity. Derek also designed and instituted strategically aligned planning and reporting procedures to establish and communicate benchmarks, performance metrics, and variances to plans to leaders across operating units. He designed and implemented “resource selection logic model” to distinguish probable highest-yielding opportunities within a defined set of marketplace options, evaluating potential acquisition partners by defining parameters, calculating value, and developing post-acquisition strategies. Most Notably, he led teams through companywide changes including acquisition, divestiture, and merger. His Financial Achievements include:

• Introduced cost based pricing strategy for competitive bidding that increased revenues and operating margin by 10%.

• Renegotiated millions of dollars in troubled debt. 

• Negotiated new capital funding worth millions of dollars. 

• Collaborated with executive teams to restructure a billiondollar complex capital structure. 

• Delivered enterprise evaluations and recommendations for sell or hold negotiations of $600M+ in assets. 

• Created a treasury hedging program to mitigate significant ($100M+) risk of exposure to international currency fluctuations

Select Executive Roles include: 

• Best Practices Development for a private-equity held mortgage bank. Projects continued over seven years. $30B+ financial institution with 2,000+ employees and nationwide growth. 

• Operations and Valuation Advisor for one year to private OEM (Original Equipment Manufacturer) aerospace supplier. Improved market competitiveness and profitability through cost based pricing for this $15M+ supplier to all major jet engine manufacturers. 

• Operations and Acquisition Advisor for five years to private telecom service provider. $200M+ international operation with market presence in 65 countries, operated through 15+ entities. 

• Executive Vice President for one year to a food and beer distributor in Mexico. Overhauled food and beer distributorship to increase revenues for this undercapitalized business -- competing against two incumbents holding a 98% market share.

• Strategic Advisor (external to internal) to Fujitsu IT Holdings during the three-year integration of recently acquired Amdahl. $1B+ multinational organization with 2K employees, and 65 entities as the North American operating unit for a global 100 company. 

• President (Pro Tem) during nine-month merger negotiations/ integration of the market leader travel agency with new private-equity parent. Raised sales and operating profit by 20% for this, at the time, pre-eminent, discount airline ticket retailer. 

• Vice President of Finance (Pro Tem) for nine months for a multi-billion dollar civil engineering and manufacturing company, mitigated $100M+ foreign currency exposure for this multinational unit.