This document is a resume for Michael W. Kuryla, who has over 35 years of experience in executive finance roles, including as CFO and VP of strategic planning and business development. He has worked for Fortune 500 companies like ADP and Ryder System, as well as smaller businesses, helping lead turnarounds and growth through financial analysis, strategic planning, M&A evaluation, and systems implementation.
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MICHAEL W. KURYLA
380 College St. mikekuryla@aol.com Cell: 303-324-7921
Cobourg, ON, Canada K9A 3V7 www.linkedin.com/in/mwkuryla/ www.michaelkuryla.com
SUMMARY
VP-level executive in Fortune 500 businesses with experience working with private equity groups, small and
medium sized enterprises. Core competencies include strategic and financial planning/analysis, M&A, pricing,
and IT. Experience includes the turn-around and growth of business that benefited from restructuring,
strengthened controls, systems development and customer-driven processes. Key strengths include problem
solving and creatively managing multiple complex projects. Proven record includes improved processes that
drove higher EBITDA and ROI.
PROFESSIONAL EXPERIENCE
FINANCIAL AND STRATEGIC PLANNING CONSULTING - Los Angeles, CA 2015
Available for full time, part time and project work both locally and in other locations
LUX BEAUTY GROUP, INC., CFO, Los Angeles, CA 2013-2015
Manufacturer of custom bath and beauty products including the "Royal Apothic" brand. In 2014, sales increased
50% to $6.0 million while EBITDA increased to $0.2 million from ($1.2 million) in 2013. Capacity was
increased to accommodate $20 to $30 million of revenue in existing facilities.
Recruited as the Company's third CFO in eight months to stabilize the finance activity and prepare for rapid
growth
o Developed financial models and integrated them into the Company's planning process
o Established project analysis processes for capital expenditures and new business opportunities
o Transitioned from cash accounting on QuickBooks to "reviewable" accrual accounting on
NetSuite
o Managed rolling 52 week cash flow planning process by account, customer and vendor
o Dramatically improved the level and quality of information provided to investors
Identified requirement and raised additional capital to shore up operations and support growth
o Raised $1.1 million in an equity "up-round" and issued stock certificates for first and second
rounds
o Secured $300,000 of lease financing for high capacity equipment purchases to support planned
growth
o Raised $1.5 million of purchase order and receivables backed debt to replace costly factoring
arrangements
Partnered with CEO to set strategy to grow by adding new products for existing customers, selling existing
products in new US and international markets and by adding new brands targeted as mass market retailers.
Structured M&A models to support two potential acquisition opportunities via earn-outs and for the
eventual sale of the business to a strategic buyer
Installed human resource processes required to meet regulations by partnering with Paychex and partnered
with the CEO to recruit replacements for the VP - Sales and the VP - Operations
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MICHAEL W. KURYLA Page Two
FINANCIAL, STRATEGIC and WEB CONSULTING - Denver, CO and Incline Village, NV 2005-2013
STRATEGIC PRICING SOLUTIONS, Consultant, Plano, TX and Parsippany, NJ (2011-2013)
o Pricing and strategic planning consulting engagements with $500 million to $1 billion+ firms
SAGE CONNEX, Consultant, Denver, CO (2008-2011)
o Financial and strategic planning in support of capital raise for Sage connex telephony businesses
UNIFI CAPITAL MANAGEMENT, Partner and consultant, Denver, CO (2005-2008)
o Created business case and sourced financing with Lehman Brothers for a $500+ million
subsidiary spin-off
o Financial planning and analysis on projects including Dignitas low-income housing in Latin
America
CARTASITE, CFO and Sales Consultant, Denver, CO (2005)
o Initial $1 million capital raise with private investors for this early entry into the vehicle
telematics space
o Commercial vehicle telematics proposal to Ryder System
MARKETING4THEWEB, LLC, Owner and Partner, Denver, CO and Incline Village, NV (2006-2012)
o Purchased franchise from WSI. WSI (We Simplify the Internet) is the world leader in internet
marketing, web development and web design developing profitable digital marketing solutions
for small and medium sized businesses since the mid 1990s.
o Services included Google Analytics, search engine optimization (SEO), and online advertising
(PPC), web site development, competitive analysis and outsourcing selected services to India
BUDGET TRUCK RENTAL, Senior Vice President, Finance, Denver, Colorado 2003-2005
New management team was hired in 2003 and turned a $40 million loss to record profits in 2004 and 2005.
Delivered BTR staff services with 150+ associates in the Finance, Revenue Management, Information
Technology and Marketing departments ($20 million budget)
Upgraded the Finance organization by introducing better reporting and analytical resources
Increased revenue per Unit 10%+ with higher prices and the culling of unprofitable accounts
Implemented a number of IT based marketing programs including:
o Automated Vehicle Locator: a system using GPS to increase revenue and lower costs
o Planning for Profitable Growth: a tool to optimize dealer placement. Exceeded goal by 25%.
ADP INC., Parsippany, New Jersey & Toronto, Ontario 1997-2002
$7.0 billion multi-national firm outsourcing services to commercial customers. The $230 million ADP Canada,
Inc. business is a region within the $2.0 billion Major Accounts Services business
VP-Strategic Planning & Development - ADP Major Accounts-Parsippany, New Jersey (2001-2002)
VP-Project Executive Money Movement - ADP Canada, Toronto (1999-2001)
Designed, proposed and managed Phase II of a $10 million Oracle-based ( GL, AR, AP and cash
management) money movement system to control $60 billion of annual payroll funds flow and process the
highest number of Oracle Financial Suite AP transactions in the world (2 million weekly). System is now
used in ADP’s British payroll business.
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MICHAEL W. KURYLA Page Three
VP-Finance, Chief Financial Officer - ADP Canada, Toronto (1997-1999)
Reported to the President-ADP Canada, Inc. on a four-year expatriate assignment to consolidate new
acquisitions and implement financial controls. Led 140-employee department providing traditional finance
functions and banking services. Implemented financial controls, systems and reporting using Oracle
Financial Suite for Money Movement system Phase I.
NEW YORK LIFE, Miami, Florida
Agent – Life Insurance sales and FINRA Series 6 License 1996-1997
RYDER SYSTEM INC., Miami Florida 1978-1995
$5 billion multi-national firm operating in commercial and consumer markets, including truck leasing and
rental, student transportation services, auto carriage, logistics and aviation engine overhaul and parts
distribution.
Vice President - Market Planning (1993-1995)
Led Ryder’s multi-divisional Strategic Market Planning, Product Pricing and Analysis, Market Research and
Customer Satisfaction departments with a combined $7 million annual budget and 50 people, primarily MBA’s.
Reported to the EVP-Sales & Marketing with dotted line to EVP-Finance and CFO.
Set strategic market planning process for Ryder’s $5 billion group of businesses.
Directed the Pricing Department’s sales support activity to generate $800 million 1995 sales.
Executed Market Value Pricing with over 600 lease sales people
Sponsored Strategic Asset Management project which enhanced Ryder’s core competency
Communicated the results of a groundbreaking market research study of the private carriage market.
Developed a strong competitive intelligence function to assess strategic and tactical threats.
Fleet Controller (1991-1993)
Controlled Ryder’s Product Pricing and Analysis, Vehicle Administration departments and a variety of special
projects. Supervised the assets of the 150,000 vehicle, $2.5 billion truck leasing and rental business, reported to
the Corporate Controller.
Group Director - Corporate Planning (1987-1991)
Directed Ryder’s corporate-level business and strategic planning processes, financial analysis, acquisition and
divestiture analysis, corporate development and operations analysis. Led $2 billion division’s planning, pricing
and cost analysis processes. Department included up to 35 MBA’s. Reported to CFO, worked with CEO.
Group Director - Business Planning (1978-1987)
Recruited as a senior financial analyst. Promoted through the financial management ranks of Ryder’s $2 billion
Vehicle Leasing & Services Division. Responsible for financial and strategic planning, financial analysis,
pricing and costing processes.
FORD MOTOR COMPANY INC., Dearborn, Michigan 1976-1978
Staff Financial Analyst
EDUCATION
MBA, Finance and Multinational Enterprise, Wharton Graduate School, Philadelphia, Pennsylvania, 1976
BBA, Finance, University of Notre Dame, Notre Dame, Indiana, 1974