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Tuesday, 02/14/2012 9:35:38 PM

Tuesday, February 14, 2012 9:35:38 PM

Post# of 78703
LinkedIn Tom Smith

Director at Drake Gold Resources

Greater Pittsburgh Area
Construction

Current

Director at Drake Gold Resources
Regional Operations Manager- Suit-Kote Corporation at confidential

Past

CFO-COO at Falcon Plastics, Ultra Cart and Grand Venture
COO at Falconi
President at Falconi Corporation

see all
Education

MST-MLLA Washington School of Law
University of Pittsburgh
University of Pittsburgh

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Recommendations

2 people have recommended Tom
Connections

165 connections

Tom Smith's Summary

Finance and Operations executive with 20 plus years of growing businesses via acquisitions
Specialties

Finance, mergers and acquisitions, business development, accounting, bottling, distribution, manufacturing, construction( heavy highway) asphalt emulsions, contract law, tax law
Tom Smith's Experience
Director
Drake Gold Resources

February 2012 – Present (1 month) Pennsylvania

Director Drake Gold Resources
Regional Operations Manager- Suit-Kote Corporation
confidential

February 2009 – Present (3 years 1 month) Washington, Pa

Responsible for the full profit and loss of a start up construction division in Southwest Pa.
CFO-COO
Falcon Plastics, Ultra Cart and Grand Venture

February 2009 – November 2010 (1 year 10 months)

Three plastic companies manufacturing consumer goods
COO
Falconi

April 2005 – February 2009 (3 years 11 months)

Develop turnaround strategy for failing business
President
Falconi Corporation

April 2005 – January 2009 (3 years 10 months)

Grand Venture and Ultra Cart- .
CFO-COO
Russell Standard Corporation

August 1991 – April 2005 (13 years 9 months)

From CFO to running day to day operations of 80 million dollar entity-Through acquisition I gre it from 18 million when I began
President
Russell Standard Corporation

April 1991 – April 2005 (14 years 1 month)

CFO-COO for Heavy Highway Construction company specializing in asphalt and emulsions
Chief Operating Officer
RUSSELL STANDARD

January 1991 – April 2005 (14 years 4 months)

Began as Chief Financial Officer, and through operational involvement, was promoted to Chief Operating Officer in 2002.
Grew the company via acquisition from three locations to 12 over a ten year period.
Took a company with a two year loss experience to 11 profitable years.
Arrested double digit inflation of health care by converting from conventional insurance to self-insured, eliminating state mandates and saving millions per year.
Micro-managed insurance claims, reducing a comp.mod. from 1.2 to .4, saving over $500,000 per year.
Personally reviewed all bids in conjunction with financial plans, remodeling break even analysis after each bid awarded.
Drafted and performed all due diligence matters for potential acquisitions.
Grew equity nine-fold and improved currency ratio from a negative to 3 to 1, reducing debt to equity from 2 to 1 to .4 to 1.
Negotiated settlement of a $5 million joint and several adverse suits to $200,000 with legal structures and debt leveraging.
Performed a reverse sales tax audit mitigating a $1.4 million audit to a $200,000 refund.
Taught break even analysis to affiliate company with a four year loss track to six profitable years.
CFO
RUSSELL STANDARD

January 1991 – April 2005 (14 years 4 months)

Have grown companies both intrinsically as well as through acquisitions. Have greater than 60 acquisitions in my tenure. Involvement started at inquiry, to business valuation, to due diligence, to purchase agreement, to post acquisition integration.
Modeling for valuation both stand alone as well as consolidated impact.
state producer/distributor
UNIBEV, aka SANTA FE ASSOCIATES

January 1979 – January 1991 (12 years 1 month)

Controller, M & A advisory board
Tom Smith's Skills & Expertise

Business Turnaround
Finance
Operations Management
Mergers
Manufacturing
Construction
Tax
Start-ups
P&L
Strategic Planning
Financial Analysis
Budgeting
Negotiation
Accounting
Sales Management
Cost Accounting
Financial Modeling
Succession Planning
Due Diligence
Cost Reduction

View All (43) Skills
Tom Smith's Education
MST-MLLA Washington School of Law
MST/MLL, Tax and law

1999 – 2002

University of Pittsburgh
BA, Marketing

1998 – 2001

University of Pittsburgh
BS, Accounting

1975 – 1978

University of Pittsburgh
BACHELOR OF SCIENCE DEGREE; BACHELOR OF ARTS DEGREE, Accounting; Marketing

1973 – 1976

University Pittsburgh
B.A, Accounting

University Pittsburgh AccountingMST-Washington School Law TaxMLLA-Washington School Law
B.S, Business Law