Charles J. Pascarella

Transcription

1 Charles J. Pascarella PARTNER Chuck is a founding partner of Pascarella & Wiker, LLP. Prior to that, he was a 12-year audit partner with one of the national ( Big Four ) accounting firms. He was also the leader of that firm s North American Practice. Chuck brings almost 30 years experience to every assignment. Committed to excellence, he is extensively involved in every project. Chuck has led engagements in the following practice areas: Distribution/Transportation Extractive Industries Franchises Government Retail Board Member & Treasurer KidsVoice, Inc. Former Board Member Katherine Dean Tillotson School BBA Accounting, Temple University, 1974 Internal Audit Chuck s experience includes: Acting as financial advisor to several Unsecured Creditors Committees and functioning as a Trustee for liquidating assets available to creditors; Conducting process mapping projects which identified significant areas for improvement and leading change implementation efforts; Serving as an interim Controller/CFO for a distressed company, implementing an accounts receivable management plan and a standardized monthly closing process; Coordinating and performing internal audit site visits to document and test site level controls relating to Sarbanes-Oxley considerations and leading investigations of financial fraud; Authoring expert reports and providing testimony in several litigation matters; and Leading acquisition due diligence teams and purchase price dispute resolution efforts. Phone: Fax: cpascarella@pwadvisors.com

2 Carl A. Wiker, Jr. PARTNER Carl is a founding partner of Pascarella & Wiker, LLP. Before starting P&W, he was an 11-year audit partner with one of the national ( Big Four ) accounting firms. Carl served closely-held and public companies in a variety industries providing auditing, accounting, and a variety of consulting services. With over 25 years experience, Carl brings extensive experience to every assignment. Carl has led engagements in the following practice areas: Homebuilding Extractive Industries Franchises Retail Certified in Integrated Resource Management ( CIRM ) Former Board Member and Treasurer of several not-for-profits including Make-A- Wish of Western PA, Every Child, Inc. and Animal Friends, Inc. BBA Indiana University of Pennsylvania, 1978 (concentration in Accounting) Phone: Fax: cwiker@pwadvisors.com Internal Audit Carl s experience includes: Acting as financial advisor to several Unsecured Creditors Committees as well as to debtors reorganizing through bankruptcy; Conducting process mapping projects which identified significant areas for improvement and leading change implementation efforts; Serving as an interim Controller/CFO for a distressed company, implementing a comprehensive vendor management program and negotiating funding for operations from non-traditional funding sources; Coordinating and performing internal audit site visits to document and test site level controls relating to Sarbanes-Oxley considerations, and leading financial fraud investigations; Authoring expert reports and providing deposition testimony in several litigation matters; Leading acquisition due diligence teams and purchase price dispute resolution efforts.

3 Rebecca G. Newman SENIOR CONSULTANT Rebecca brings over 15 years of experience to Pascarella & Wiker, LLP. Prior to joining P&W, Rebecca was an Audit Manager with DQE, corporate parent of Duquesne Light Company and other energy related subsidiaries. While at DQE, she led several consulting projects focusing on business process improvement, business risk assessment and systems implementation. Rebecca began her career with a national ( Big Four ) accounting firm where she served a variety of clients providing auditing and accounting services. Extractive Industries Utilities Non-Regulated Regulated MBA Duquesne University, 1995 BSBA West Virginia University, 1986 Phone: Fax: rnewman@pwadvisors.com Since joining P&W, Rebecca has participated in projects in the following practice areas: Internal Audit Rebecca s experience includes: Conducting process mapping projects (including Oracle implementations) developing improved processes, better controls, and leading related change implementation efforts; Providing analysis and correction of financial transactions for a crisis management client; Performing internal audit site visits to document and test site level controls relating to Sarbanes-Oxley considerations; Analyzing and modeling financial data in support of expert reports for litigation matters; Providing acquisition/integration support for newly-formed subsidiaries in the energy industry.

4 Erik C. Lioy SENIOR CONSULTANT Erik brings 10 years of experience to Pascarella & Wiker, LLP. Prior to joining P&W, Erik held senior level financial positions with local technology companies including Chief Financial Officer of a telecommunications infrastructure provider and Controller of a software firm. He began his career with a national ( Big Four ) accounting firm providing audit and tax services to his clients. Since joining P&W, Erik has participated in projects in the following practice areas: Professional Associate Member - Association of Certified Fraud Examiners Member Pennsylvania Institute of CPAs Committees: Cooperation with the Bar; and Forensic and Litigation MBA Katz School of Business, University of Pittsburgh, 2001 BSBA Duquesne University, 1993 Phone: Fax: elioy@pwadvisors.com Internal Audit Erik s experience includes: Developing comprehensive business models supporting management s Chapter XI Reorganization Plan and Offering Memorandum. Assisting debtor and legal counsel with completing Statement of Financial Affairs, Schedules and Monthly Operating Reports; Conducting analysis of independent sales representative commission process for $100 million manufacturer (analysis resulted in recovery of duplicate payments); Serving as Interim Controller and CFO for technology based companies; assisted in developing business plans, establishing accounting systems, policies and controls, and developing and maintaining banking relationships; Performing an internal audit site visit for a SEC registrant conducting high-level process documentation and controls testing as part of the initial phase of their Sarbanes-Oxley compliance effort; Participating as a member of project teams in litigation support assignments assessing damages, investigating fraud and conducting court-ordered audits; Participating in a due diligence team assessing financial, operational and other matters of an acquisition target.

5 David A. Zynn DIRECTOR David Zynn joined Pascarella & Wiker, LLP after more than 18 years of private and public industry experience. Prior to joining P&W, he served as the Chief Financial Officer and Treasurer of several private and publicly-traded companies in various services and technology industries, including a telecommunications company, a provider of ERP consulting services, a software developer and a health care services provider. Dave began his career with one of the national ( Big Four ) accounting firms, where he worked for nearly six years in various audit capacities across a diverse industry group. Healthcare Technologies Member Advisory Board, Indiana University of Pennsylvania Vice President & Treasurer, non-profit pre-school BBA Indiana University of Pennsylvania (Concentration in Accounting) Phone: Fax: dzynn@pwadvisors.com During his career, Dave has gained experience in the following practice areas: Dave s experience includes: Developing and preparing a comprehensive Selling Memorandum for a telecommunications company in bankruptcy and assisting the investment banker in collating, assessing and negotiating multiple offers; Overseeing all facets of the accounting, treasury and finance functions, including forecasting and analysis, designing and implementing accounting systems, developing and managing various compensation and incentive plans, and raising over $130 million in public and private equity and banking transactions and implementing major corporate restructurings; Providing project management services in coordinating three expert reports in connection with a $20 million damage claim and providing testimony in connection with a Federal investigation; and Completing over 20 merger and acquisition transactions with aggregate transaction values exceeding $120 million, including due diligence, negotiating deal terms and final documentation of each transaction.

6 John Lalley DIRECTOR With over 26 years of experience, John brings a broad background to Pascarella & Wiker, LLP. Previously he was Chief Financial Officer of a $250 million multinational manufacturer of specialty alloys used in the chemical, aluminum and foundry industries. Prior to his CFO role, John was a Vice President at a major bank in Chicago. In this position, he evaluated business plans and structured leveraged and asset-based financing for mid-sized manufacturing and distribution businesses. He began his career with a national ( Big Four ) accounting firm, achieving the level of audit principal while serving a broad range of public and privately-held manufacturing clients. Consumer Goods Distribution/Transportation Certified Public Accountant (inactive), Indiana Ohio Cast Association Member Board of Trustees Chairman Human Resources Committee BBA University of Notre Dame Phone: Fax: jlalley@pwadvisors.com During his career, John has participated in the following practice areas: Internal Audit John s experience includes: Participating as a member of Official Committee of Unsecured Creditors in a large (over $1 billion) Chapter XI bankruptcy proceeding; Launching a financial risk management program, instituting hedging transactions to mitigate foreign exchange and interest rate exposures; redefining incentive compensation plans to better align employees interests with corporate goals; developing a unique retiree medical plan and funding design enabling restoration of benefits without substantial increase in balance sheet liabilities; Raising over $175 million of capital through private placements of senior and subordinated notes as well as successive increases in banking facilities; leading operational restructuring efforts to improve margins, monetize assets and pay down bank debt; managing successful out-of-court restructuring of a highly-leveraged manufacturing business, culminating in refinancing of secured creditors; Developing and implementing new reporting capabilities that provided comprehensive data for tactical and operational planning (shortened monthly closing cycle by 40%); Assisting outside legal counsel with strategic and tactical initiatives in connection with several litigation matters, including business interruption claims; Functioning as primary negotiator and leader of due diligence teams for five acquisitions valued between $2 million to over $40 million, including crossborder European transactions.

7 Linda D. Lalley SENIOR CONSULTANT Linda brings a diverse background to Pascarella & Wiker, LLP. For the last 13 years, Linda has had active leadership roles in the League of Women Voters (on a local, state and national level) as well as in various local, community and educational organizations. Previously, she was the Director of Financial Reporting with a $2.5 billion international food processing and distribution company. She also has eight years of auditing experience at a national ( Big Four ) accounting firm and an international manufacturing company. Food Products Distribution/Transportation Franchises Retail Government Certified Public Accountant (inactive), Illinois League of Women Voters, Chair National Budget Committee Board Member - local and state levels BCS DePaul University, 1977 Phone: Fax: ldlalley@pwadvisors.com During her career, Linda has gained experience in the following practice areas: Internal Audit Linda s experience includes: Designing and managing a statewide major donor plan for a national volunteer organization, increasing annual donations by 50% in the first year of implementation; improving the cash handling, accounting and monthly closing procedures for the three-person state office of a national not-for-profit organization, shortening the monthly closing process by 50%; realigning the overhead component allocations of the domestic and overseas inventory systems of a heavy machinery manufacturer to control cost drivers and improve standard cost structures; Establishing the consolidation and financial reporting department of the newly-created holding company for an international food processing and distribution company; developing and implementing a financial plan to manage a 75,000 member national organization through a financial crisis, closing a 24% budget deficit and persuading members to support a 10% billing increase; Analyzing costs and cash flows of the multi-year construction contracts for a railroad car manufacturer for use in both financial statement disclosures and contract renegotiations; Leading post-acquisition due diligence procedures to identify financial process synergies and to merge monthly financial closing procedures without disruption or delays; leading pre-divestiture analyses of a division to identify and quantify soft issues for use in sales price negotiations.