Wayne Brownell

Experience

1. VP Finance

   Pfanstiehl, Inc

   Jan 2013 — Present · Waukegan, IL

   Provided financial leadership and established financial & administrative infrastructure following a private equity buyout to form this company. Established strategic business partnerships and fostered a learning environment to develop high performance teams in finance, accounting, human resources, purchasing and information technology. Pfanstiehl is a pharmaceutical manufacturing leader in carbohydrate based excipients for global pharmaceutical and biopharmaceutical companies for intravenous drug applications. • Provided value added information to enable key decision making that led to 50% increase in sales, 175% increase in EBITDA and 10 point increase in gross margin. • Assembled a cost improvement team and provided leadership and motivation in identifying $2 million of cost reduction. • Designed a comprehensive budget process and educated functional partners on the key drivers and levers necessary to over achieve business plan EBITDA in 2 out of 3 years. • Developed a monthly strategic forecast process that monitored loan covenant compliance metrics during execution of $20 million of investment in capex, inventory, and personnel. • Improved financial compliance by establishing rigorous financial policies and internal controls resulting in 3 consecutive unqualified audit opinions. • Built high performance teams in Finance, Purchasing, IT and Human Resources for this new Private Equity owned company. • Successfully engineered a new financial reporting package for Management, Lenders and Equity Owners building credibility for timely and accurate financial reporting. • Partnered with external auditors, lenders, and insurers to develop strong business relationships with high integrity. • Revamped the standard cost system methodology to improve identification and linkage of costs to products and educated leadership regarding revised product margins and rationalization considerations.

Education

• Northern Illinois University

  B.S., Finance / Economics

• Northern Illinois University

  MBA, Business Administration