ROBERT A. GRECO 8131 Prescott Dr. * Vienna, VA 22180 / 800 S. Maple Street Fairfield, IA 52556 563-503-2340 (Cell) bgreco@RGCS.us ____________________________________________________________________________________________ Senior Management & Operating Executive Results-driven Senior Executive with full P&L management responsibility and experience in both national and international markets in manufacturing, retail and financial services. A strategic visionary with an innate talent for assessing business conditions, implementing change and directing high-level business affairs. Successful at growing revenues, improving operations, containing costs and increasing profitability. A persuasive team builder with cross-functional leadership experience in operations, sales, marketing and financial management. Key Qualifications Business Process & Strategy Development Joint Ventures and Strategic Partnership Formation Cash Management & Treasury Acquisitions, Mergers & Divestitures Business Planning, Financial Forecasting & Budget Analysis System Design Organizational Restructuring Audit, SOX Examinations Financial Controls Financial Reporting Review Bachelor of Science Accounting West Virginia University, Morgantown, WV Graduated Cum Laude PROFESSIONAL EXPERIENCE COGENT SOLUTIONS, LLC, Fairfield, IA 06/05 to Present President and CEO Founded and manage this professional service company with a focus on developing strategic plans and providing financial and operational consulting initiatives for select clients. Authored the initial business, financial and marketing/sales plans to facilitate company start-up, accelerate market growth and strengthen financial returns. For BearingPoint, Tysons Corner, Va., Performed revenue recognition analysis of high value contracts. Assisted engagement teams in preparing support for annual independent audit. (SOP 81-1, SOP 97-2, SAB 99, SAB 104, EITF 00-21, FAR); Improved revenue recognition of over $150 million and prepared support. Consulted on Government regulatory audit matters and filing positions (FAR and CAS regulations). Helped establish an internal government finance and accounting compliance team and assisted senior management in updating incurred cost submissions, government audits by DCAA and settlement of government claims upon the wind-down of operations. For 607 Investments, Inc, Austin Tx.,. Structured real estate development project models that identified key elements impacting capitalization rates and ROI, resulting in profitable investment projects. BOVARD STUDIO, INC., Fairfield, IA 11/01 to 6/05 President and Chief Operating Officer Purchased this existing stained glass window design, fabrication and restoration business and held direct P&L responsibility for one of the nation’s largest stained glass businesses. Held complete operational and financial decision-making responsibility for 54 direct and indirect reports within production, field operations, pre-production planning, finance/accounting and human resources. Managed the Mexico division, including its subsequent integration into U.S. operations. Transitioned a regional mom-and-pop operation into the nation’s 5th largest stained glass business. Increased sales proposals by 25% in new annual revenue. Recruited and developed a cohesive senior operating team and introduced more competitive pricing, contributing to a significant increase in the value of the company. Introduced new material acquisition methods and procedures and improved direct labor utilization, resulting in a 47% improvement in gross profit. Instituted plant safety procedures, reducing workers’ compensation premiums by 43%. Formalized human resource hiring practices and stabilized a high turnover problem among key management personnel in field operations, allowing field sales to grow by nearly 25% annually. ROBERT A. GRECO*800 S. Maple Street * Fairfield, IA 52556* 563-503-2340 (Cell) *bgreco@RGCS.us ROBERT A. GRECO Page 2 Converted essential production and field construction data into a concise electronic specification for distribution to key architects, leading to a 20% annual increase in large contract sales. BOVARD STUDIO, INC., Fairfield, IA (Cont.) Enhanced customer communications and shortened the response time to client inquiries, improving the customer satisfaction level from 6.5 to 8.6 (on a scale of 10). ROBERT A. GRECO*800 S. Maple Street * Fairfield, IA 52556* 563-503-2340 (Cell) *bgreco@RGCS.us Page 2 PACKAGENET, INC. (Formerly Express Shipping Centers, Inc.) Fairfield, IA 03/97 to 10/01 Board Member, Executive Vice President Held full accountability for all operational functions of this consumer service company, with a focus on the strategic development of business and technology. Managed 4 direct and 60 multi-tiered indirect reports within client relations, customer service, IT, finance/accounting and warehousing. Sourced and directed all equity and capital raising activities. Managed all Board of Directors and shareholder communications. Authored the strategic and operational business plan and participated in numerous presentations, raising $9 million in venture capital for the startup operation. Coordinated the sales development initiative and participated in all contract negotiations with more than 25 top Fortune 500 companies. Originated and negotiated new loans and subsequently restructured multi-million dollar troubled debt, enabling the company to obtain required working capital and avoid bankruptcy. Introduced the concept of shipping packages utilizing the Internet and the company’s distribution network, which subsequently led to a joint venture agreement with a shipping/logistics industry software developer. Identified an international corporation interested in buying the troubled company, opened negotiations, and coordinated the due diligence effort for the sale of the Company to an international industry leader. EXPRESS SHIPPING CENTERS, INC., Fairfield, IA 03/93 to 03/97 Chief Financial Officer Senior Financial Executive with responsibility for strategic/operational planning and leadership of the financial, accounting and administrative functions. Established all core financial processes, as well as baseline data and metrics relating to performance and profit growth. Directed the forecasting, budgeting and cash management initiatives. Prepared a business plan and solicited major venture capitalists for equity and mezzanine investments in the start-up company, raising $5 million in private equity transactions. Established an audit team comprised of accounting and operational personnel that identified and recovered more than $1 million in prior vendor billing errors. CHICAGO HOLDINGS, INC., Pittsburgh, PA 04/90 to 03/93 Vice President Acquisitions Responsible for the identification of viable business ventures and activities for this private equity company. Developed comprehensive business plans, ensured adequate capital funding, and recruited top management talent to grow the company. Instrumental in creating the conceptual frame work for a consumer finance operation. Arranged the $5 million in capitalization which subsequently led to a $50 million IPO. Managed a consumer finance operation for a private equity group and assisted the holding company in a management buy-back that resulted in a 25% return on investment. Early Positions Included: Chief Financial Officer at The Finance Company, Director and Chief Financial and Accounting Officer at Marine Midland Capital Markets Corp., Controller at Emanuel and Company and Audit Manager & CPA for Touche Ross. ROBERT A. GRECO*800 S. Maple Street * Fairfield, IA 52556* 563-503-2340 (Cell) *bgreco@RGCS.us