PATRICIA ADELIZZI OWENS
5920 North Caldwell Avenue, Chicago, Illinois 60646
773-282-7333
EXPERIENCE:
INFORMATION RESOURCES, INC., (1986-1991) Chicago, Illinois a $170 million international company that develops and maintains computerized data bases, decision support software and marketing research models. 2500 employees. Annual average growth rate--17%.
Senior Vice President--Chief Financial Officer (1988-1991)
-Manage a 50 person staff responsible for:
. Treasury functions
. Internal Audit
. SEC and internal financial reporting
. Management information systems (MIS)
. Development of special information systems
. Financial planning and analysis
. Corporate legal
-Member of corporate management committee; participant in corporate board meetings
-Negotiated a $45 million revolving line of credit with 5 major banks
-Participated in negotiation and implementation of private equity placement of $14 million
-Participated in negotiations for a sale/leaseback of corporate facilities
-Responsible for the divestiture of three subsidiaries including a leveraged buy-out
-Contributed to the design and implementation of a tax-free spin-off of a development stage subsidiary to shareholders
-Participated in the analysis, negotiation and integration of new acquisitions
-Key contact for Wall Street analysts and investors
Vice President Finance (1986-1988)
-Managed a 30 person staff responsible for:
. SEC and monthly financial reporting
. Management information systems (MIS)
. Financial planning
. Cash management/credit and Collection
. Day to day accounting activities
-Evaluated, purchased and monitored all insurance programs including employee benefits
-Performed internal audit and monitored the ongoing performance of three domestic and six international subsidiaries
-Selected and installed a mainframe general ledger and accounts payable system
-Consolidated Boston accounting and MIS departments into Chicago
BAXTER HEALTHCARE CORPORATION (1975-1986) (formerly American Hospital Supply Corporation) Deerfield, IL--a $3.5 billion manufacturer/marketer of health care products.
Assistant Controller (1985-1986) --American V. Mueller Company --Niles, Illinois; a $150 million manufacturing and distribution company specializing in surgical instruments.
-Managed a 47 person staff responsible for:
. Monthly financial reporting
. Cost accounting--five manufacturing plants including offshore production
. Credit and Collections
-Piloted the Corporate installation of an on-line Accounts Receivable System
Division Controller (1981-1985) --American V. Mueller Distribution Division--McGaw Park, Illinois; a $160 million distributor specializing in operating room specialty products. Participated in Division growth from $80 million to $160 million--as well as a subsequent downturn to $110 million.
-Managed a 33 person staff responsible for:
. Inventory and control--$40 million
. Credit and collections
. Financial systems
. Profit Planning
-Member of management committee
-Participated in sales representative quota setting & review (200 reps--3 sales forces)
-Participated in the consolidation of this division into the V. Mueller Company (above)
Assistant Controller (1979-1981) --American V. Mueller Division--Niles, Illinois; a $68 million surgical instrument manufacturer.
General Accounting Manager (1977-1979) --American Hospital Supply Division--McGaw Park, Illinois; a $350 million distributing division specializing in general hospital supplies.
Senior Internal Auditor (1975-1977) --American Hospital Supply Corporate Offices--Evanston, Illinois.
S. D. LEIDESDORF & CO., (1974-1975) CERTIFIED PUBLIC ACCOUNTANTS, Staff Auditor
EDUCATION:
DePaul University, MBA--Marketing, 1983
Certified Public Accountant--State of Illinois, 1975
Northern Illinois University, B.S.Accountancy/Finance, 1974
REFERENCES:
Excellent professional and personal references available.