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Kurt Altergott: Chief Financial Officer in Ladera Ranch, CA

Kurt Altergott

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Chief Financial Officer
Ladera Ranch | United States
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Summary
Activity
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Work experience
Image MIG

MIG

Chief Financial Officer | 03/2012 - Current

MIG is the corporate management entity of it's affiliates MIG Capital and related funds, MIG Private Equity, MIG Real Estate, and Suncore Products, LLC. Investments include hedge funds, private equity funds, a consumer packaged goods company, and real estate properties in the office, hospitality, retail, and multifamily sectors. • Accomplishments have included cash management, capital and debt sourcing, complex models created for KPI development and financial reporting, FMV implementation, cloud computing, expansion of legal, audit, risk, and banking relationships, asset management, SEC compliance,, policies and procedures establishment and documentation, and risk management. • Implemented comprehensive treasury and cash management processes and reporting structure. • Restructured organization to prepare for capital raise and streamline compliance and reporting. • Analyze and adapt complex business structures to accommodate capital formation. • Real Estate accomplishments include operational and financial control implementation, outsourcing of back office functions, and risk mitigation. . • Advanced Private Equity reorganization and registration with SEC.. • Strategic, Financial, and Operational leadership provided for private investment in consumer packaged goods company. • Leadership of IT and HR Departments.
Image Various

Various

Executive Consultant | 01/2010 - 03/2012

• Signature Group Holdings, Inc. (SGGH). Acquisition and integration of portfolio companies acquired, implemented forecasts and board presentations, SEC reporting, GAAP/IFRS white papers, and due diligence analysis for publicly traded holding company and subsidiaries whose investments include consolidated equity, special situation debt, commercial loan portfolios, residential loan portfolios, community redevelopment projects, and short term securities. • NEP Broadcasting LLC (Portfolio Company of American Securities). Completed $56 million stock acquisition, earn out calculations, ERP migration, and external audit for entities acquired. • Wesco Aircraft Holdings, Inc. (WAIR) (Portfolio Company of Carlyle Group) Prepared on time S-1 SEC filing for initial public offering of global company.
Image Centex Corporation

Centex Corporation

Chief Financial Officer | 09/2001 - 09/2009

Chief Financial Officer who during periods of explosive growth or contraction consistently increased responsibility for development and execution of strategy which included all aspects of finance and operations for largest geographic and reporting segment across all lines of business. Approved capital allocation, directed asset management, certified financial statements pursuant to Sarbanes-Oxley, led planning and forecasting, stewarded regulatory compliance and internal controls, sourced banking relationships, managed shared services, taxation, human resources, risk mitigation, and process improvements. Supervised eight employees and 80 indirect reports with business segment revenues of $4.7 billion. Valued business partner to COO/EVP supporting 16 divisions in multiple locations. • Negotiated acquisition of $1 billion in assets to drive growth through stock or asset acquisitions, including resultant integrations. • $1 billion incremental operating cash goal achieved in 12 months by developing and executing forward planning strategies incorporating creation of predictive models for asset deployment. • Negotiation, acquisition, and management of holdings of large scale, master planned development assets. • $36 million in tax refunds achieved by leading a joint venture restructuring to identify and secure tax cost savings. • Profits increase maximized from $600,000 to $44 million within four years achieved in LA Market. • Mentored and developed exceptional talent across multiple divisions and business lines. • 85 basis point improvement in margins through re-engineering of national and local purchasing functions. • $300 million in bonds underwritten and negotiated $750 million in financing with banking and investment institutions. • Reduced real property lease costs by over $10 million through renegotiation, sublet and abandonment of space. • Generated $163 million in revenue growth and $27 million in profitability by winning a bid award and creating a multi-property joint venture that added 325-units and contributed up to 40% in margin.
Image Virgin Digital Media

Virgin Digital Media

CFO | 07/1999 - 06/2001

Directed and improved operations for dynamic, entrepreneurial organization driving financial performance, reporting compliance, and business affairs with seven direct and indirect reports while readying entity for exit strategy. Set direction of business with CEO and President, expanded business lines and executed successful exit strategy. Converted financial statements from UK to US GAAP in anticipation of liquidity event, improving transparency for potential US-based buyers. • Completed sell side due diligence and negotiations that culminated in a third-party sale at a 28% premium. • Headed 15% growth in YOY margins followed sequentially by 12% YOY growth. • Advanced and created complex modelling suite to provide operational and financial insight, enhance controls, and drive EBITDA increases in existing and new business lines. • Assumed COO functions and responsibilities resulting in streamlined processes and accelerated outputs.
Image KB Home

KB Home

Regional Controller | 06/1996 - 04/1999

Senior financial officer and business partner to President for three entities. Staffed department from scratch and developed forecasting and reporting requirements, controls, cash management processes, debt sourcing, and sourced solutions for IT needs. Held increasing financial, strategic, and operational leadership across multiple geographies. • $345 million boost in revenues and $23 million in operating earnings delivered from acquired entities. • $110,000 saved annually with 32% increase in profitability achieved through forecasting processes created. • Integrated acquired entities financially and initiated operational excellence by building initial teams and development of streamlined policies and procedures. • Developed key strategies for increased market presence by expanding business lines and products.
Image ADT

ADT

Director FP&A | 12/1990 - 04/1996

Role expanded via promotion to provide leadership, vision, execution and results at corporate executive office responsible for global operations of conglomerate. Managed worldwide reporting and tax planning, mergers and acquisitions due diligence and execution, and SEC reporting for multiple entities within a global holding company. Hired, supervised, and mentored five direct reports. • Handled SEC filings including adaptation and conversion from ADR’s to Common Stock. • Enhanced profitability $25 million with 8% boost in market share garnered by completing 30 stock or asset acquisitions and integrations. • $1+ million in immediate tax savings achieved by overseeing successful NOL utilization. • Reporting and forecasting completed timely for global operations, U.S., Canada, Latin America, Europe, Australia. • Advanced the strategic integration of new acquisitions and migration of exited business lines.
Education history
Image Florida State University

Florida State University

Masters | 1985 - 1985

Image Florida State University

Florida State University

Bachelors of Science | 1980 - 1983

Image Florida State University

Florida State University

Bachelors of Science | 1980 - 1983

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1501 Lincoln Blvd.#1014 Venice, CA. 90291