Transcript John M Kaestle 7617 West Mercer Way Mercer Island, Wa 98040
John M Kaestle 7617 West Mercer Way Mercer Island, Wa 98040 425-445-6585 PROFESSIONAL EXPERIENCE HaloSource, Inc., Bothell, Washington 2004-2011
CEO and Board of Directors, Water Technologies and Anti-Microbial Solutions
Borden Chemical, Columbus, Ohio
GM and EVP, Forest Products Chemicals & Resins Business
2001-2003 Weyerhaeuser, Inc., Tacoma, Washington 1981-2001
CFO, VP Sales and Logistics, General Manager, Containerboard Packaging
Arthur Andersen Consulting, Hartford, Connecticut
Senior Consultant
1977-1979 EDUCATION MBA, Tuck School Dartmouth College BA, Haverford College
HaloSource, Inc
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Company
Global Water Technologies (Drinking, Environmental and Recreational) and anti-microbial textile solutions with operations in US, India, and China.
Positions Held
– President and CEO and Board of Directors
Accomplishments
– Led transformation from research lab to fully commercial company – Commercialized core technologies into value creating products and built out sales channels – Built out operations and supply chains in India, China, Pakistan, Israel, Brazil – Raised $140M in private and public capital – Took public in London in 2010 (over-subscribed IPO) $160M market cap
Results
– Grew Revenue 5X – Established cost effective supply chains and operations – Established international partnerships in India, China, Pakistan, Israel, and Brazil.
Borden Chemical, Inc
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Company
$900M Global Forest Products Chemicals, Resins and Adhesives business with 2,100 employees, 37 operations in 9 countries.
Positions Held
– EVP and GM Global Forest Products Business reporting to the CEO and Board
Accomplishments
– Led turnaround of global operations- Brazil, US, Canada, Australia, Malaysia, China, UK, Netherlands, Chile, Columbia – Leveraged technology to grow business and re-establish profitability
Results
– Grew revenues by 25% – – Reduced operating costs by 30% Increased Operating Profit by 30%
Weyerhaeuser Co
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Company
Global $4.5B Containerboard, Packaging and Recycling business with 12,000 employees in 100+ operations.
Positions Held
– VP ContainerBoard Sales and Logistics – – Board of Cedar River Paper Co (JV) Chief Financial Officer – General Manager (2 facilties)
Accomplishments
– Integrated two major acquisitions – Rationalized transfer pricing – Implemented trades to optimize trim, grade mix, freight, quality – Successfully completed $105M ERP project that had twice failed
Results
– Record operating results
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North America Operating Locations
– US – Canada (BC, Alberta, Ontario, Quebec)
Products
– Containerboard – Packaging – Recycled Materials – Resins and Adhesives – HCHO Formalin – Environmental water treatment solutions – – Point-of-Use Drinking Water Recreational Water – Anti-microbial Textiles
Channels
– B2B (Industrial, Commercial, VAR’s and Distributors) – B2C (Retail, Manufacturing Partners, and Distributors)
Latin America
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Operating Locations
– Mexico – Brazil – Argentina – Chile – Costa Rica – Venezuala – Columbia
Products
– Containerboard – – Packaging Resins and Adhesives – HCHO Formalin – Environmental water treatment solutions – Point-of-Use Drinking Water
Channels
– B2B (Industrial, commercial, and Distributors) – B2C (Partners, and Distributors)
Asia Pacific
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Operating Locations
– China – India – Japan, Korea – Singapore – Malaysia – Australia – Pakistan
Products
– Containerboard – – Packaging Recycled Materials – Resins and Adhesives – HCHO Formalin – Environmental water treatment solutions – Point-of-Use Drinking Water – Recreational Water – Anti-microbial Textiles
Channels
– B2B (Industrial, Commercial, VAR’s and Distributors) – B2C (Retail, Manufacturing Partners, and Distributors)
European Union
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Operating Locations
– UK – Netherlands – France – Israel
Products
– Containerboard – Resins and Adhesives – HCHO Formalin – Recreational Water – Point-of-Use Drinking Water
Channels
– B2B (Industrial, Commercial, and Distributors)
Other Background
• • • • • • • • • • Acquisitions Divestments 90 Day Integrations Joint Ventures International Partnerships Intellectual Property and Protection Strategies $105M ERP System London IPO with Blue Chip Investors Extensive Board and Governance Experience Regulatory Processes- US and International
Financial Background
• Financial Roles – – – – – – CEO HaloSource- led thru full commercialization and successful IPO, trained the CFO Led Borden Chemical ($900M private global chemical co, owned by KKR) CFO Containerboard Packaging and Recycling (Weyerhaeuser Co) Finance and Planning Director Containerboard Packaging (Weyerhaeuser Co) Investment Analyst Investment Evaluations (Weyerhaeuser Co) Senior Consultant Arthur Andersen & Co (Software, General consulting, cost management)
Financial Background
• Capital/Fundraising – – – Raised $140M in private and public capital- VC’s, angels, PE, Sovereign Wealth Funds, Private Co investments, pre-IPO, and convertible debt Completed successful IPO in London in 2010 (over subscribed by 3X) Assembled blue chip investor base- Invesco Perpetual, Investec Asset Management, Baille Gifford, Foreign and Colonial, Fidelity, Origo Partners, Masdar Cleantec Fund, Britannia Holdings, Mars Corporation, Unilever • Banking – Established international company structure to manage liabilities and minimize tax exposures- Hong Kong, India, China, Brazil – Established and managed national and international banking relationships in India, China, US
Financial Background
• Acquisitions – – – Mead/Westvaco Containerboard Plants Willamette Containerboard system AquaPill bolt-on • Integrations – Completed 90 day integration of Westvaco plants into Weyco system – Oversaw integration of AquaPill business into core HaloSource Recreational Water business • Divestitures – Sold bulk chitosan mfg business to Primex in Iceland – Sold bio-medical PAD business to supply chain partner
Financial Background
• • • Financial Planning and Analysis – Key Metrics and scorecards – – Results and Analysis Forecasts and Business Planning, Annual Budgeting and Planning process – Quarterly Review and Forecasting Processes – Management Accounting and Analysis Internal Controls – Led Internal Audit function – Led “special investigations” and prosecutions – – Designed and implemented risk based controls Familiar with Sarbox compliance and 404 – Strong background in FCPA IT – – – Led $105M ERP system build and implementation for 8000 users, 65 plants- on time, on budget, after 2 prior failures Led Containerboard Packaging and Recycling IT function Built first global user support center (24x7)
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Financial Background
Capital Budgeting – Evaluations and presentations of major capital projects and expansions – M&A and financings – Built operations in Mexico, China (2), India, Brazil Reporting – Lead Company spokesperson to analyst community for earnings calls and business updates – Monthly Board Letters and analyses – Annual Reports to shareholders Board presentations and communications – Monthly and Quarterly reporting – Business presentations and analyses – Led strategic discussions and sponsored major initiatives including country and market entries, major commitments to new operations Investor relations – Numerous meetings and conference calls in London, Singapore, Beijing, and New York – Served on 10 public and private Boards – – Annual Shareholder’s meetings Angels, Venture (VC’s), Private Equity, Private Cos, Sovereign Wealth and SRI Funds, Institutional Investors
Financial Background
• • Board roles – – – – Public Company Private Company Joint Ventures Community and non-profit Community Service – Led highly successful United Way Campaign – – – – Economic Development Chamber of Commerce Rotary International Retail Business Improvement District (Led creation and implementation) – Youth Football and Basketball coaching
Personal Background
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Married
– Born in Watertown, NY – Lived in Connecticut, Massachusetts, Pennsylvania, New York, Wisconsin and Washington – Three sons
Interests:
– Hiking and backpacking – Youth Football Coaching – Community Service – Weight lifting and Fitness – Fishing and crabbing
Community Service
– Chamber of Commerce – Economic Development – United Way – Rotary International – Retail BID Initiative