Todd Major, CPA MBA

Experience

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  The Stephan Company

  May 1994 - May 1995

  Staff Accountant
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  Allders International

  May 1995 - Jul 1996

  Staff Accountant
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  Nabi Biopharmaceuticals

  Jul 1996 - Mar 1999

  Senior Accountant, External Financial Reporting

  • Responsible for preparation and review of various SEC filings including quarterly 10-Q and annual 10-K filings • Acted as a corporate liaison with the company’s external auditors and participated in quarterly and annual audits • Prepared monthly schedules for bank auditors to ensure compliance with necessary lending ratios and requirements • Assisted in the initial set up and implementation of the financial reporting and controlling modules of SAP R3 • Compiled supplemental schedules for quarterly earnings conference calls with external investment firms • Assisted with the preparation of annual budgets and interim forecasts • Administered the activity of over 500 employees in the company’s Stock Option and Stock Purchase Plans Show less

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  Vivra Asthma & Allergy

  Mar 1999 - Jun 2003

  Accounting Manager

  • Managed the monthly close and reviewed all financial statements & closing schedules • Responsible for the supervision and professional development of one Senior Accountant and two Staff Accountants • Developed and prepared monthly variance analysis reports for Corporate Officers and the Board of Directors • Assisted with the preparation of annual budgets and interim forecasts • Developed a cash flow reporting model and future divestiture proceeds model for the Board of Directors

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  Nabi Biopharmaceuticals

  Jun 2003 - Nov 2006

  Finance Manager

  • Responsible for preparation of 10-Q, 10-K, and other SEC filings • Coordinated activities with external auditors • Performed monthly consolidation of parent company and four international subsidiaries, including foreign currency translation entries and eliminating entries • Lead the research and implementation related to the adoption of SFAS 123R • Preparation and implementation of Sarbanes-Oxley 404 compliance as well as performed initial testing of internal controls • Worked with Corporate/Business Development to determine potential partnering arrangements, licensing deals, strategic alliances and collaborations • Supervised two Senior Accountants primarily responsible for all accounting relating to manufacturing operations • Represented the Finance Department during the design and implementation of a product costing and Material Resource Planning module of SAP • Lead material, labor and overhead standard costs setting, maintenance and tracking • Responsible for all accounting and financial reporting and analysis related to Nabi’s four international subsidiaries • Worked with Business Development to determine potential partnering arrangements, licensing deals, and strategic alliances • Incorporated operational and financial assumptions for Nabi’s key strategic initiatives using an Excel based model • Played a key role in the continued development of the worldwide budgeting, forecasting and planning process • Responsible for all accounting related to manufacturing activities, analyzed manufacturing variances, explained variances from plan and prepared all internal financials relating to Nabi’s $90 million manufacturing facility • Responsible for the month-end and year-end close for manufacturing operations including all inventory reconciliations, balance sheet reconciliations and all other assigned supporting schedules • Developed and maintained standard costs and worked directly with operations management to understand cost drivers Show less

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  Horizon Lines

  Nov 2006 - Sept 2014

  Senior Director, Financial Reporting

  Prior to selling all of its assets to its two primary competitors in May 2015, Horizon Lines was a publicly held transportation company with annual revenue of approximately $1.7 billion. Horizon Lines provided ocean shipping and integrated logistics services via a fleet of 13 vessels and operations of five port terminals linking the continental United States with Alaska, Hawaii, and Puerto Rico. • Responsible for preparation of 10-Q, 10-K, and other SEC filings • Managed a group of four professionals, including direct supervision of two Accounting Managers and one Senior Accountant primarily responsible for internal financial reporting, balance sheet account reconciliation, and fixed assets • Coordinate activites with external auditors • Independently research, apply and implement changes in authoritative accounting guidance issued by FASB, SEC, EITF and other regulatory bodies and determine impact on the company • Act as a liason with external legal counsel with respect to SEC compliance • Manage company-wide tax compliance • Support senior management team with all aspects of strategic planning and the company’s long range financial forecast • Contributed to efforts to refinance $600 million of long-term debt • Assisted with due diligence, valuation, and integration of acquisitions Show less

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  Premier, Inc

  Sept 2014 - Feb 2015

  Director, Financial Reporting

  A publicly held healthcare improvement company uniting an alliance of approximately 4,400 U.S. hospitals and 250,000 other providers, With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier completed its initial public offering in September 2013.• Managed of a team of seven professionals, including direct supervision of three Accounting Managers responsible for month-end close/general accounting, revenue recognition and internal and external reporting, including SEC reporting • Responsible for managing the general accounting and financial reporting activities and for ensuring that internal and external financial results are timely, accurate and in accordance with US GAAP • Primary responsibility for planning and coordinating the external audit process, including oversight of the fieldwork process and primary responsibility for the coordination with internal staff of all required audit material and support for the external auditors • Oversight for managing the research, interpretation, documentation and implementation of accounting guidance associated with various accounting issues, including revenue recognition, at-risk contracts, capitalized internally developed software • Oversight of SOX responsibilities, including periodic updates of SOX narratives, providing support for testing of SOX processes, and identifying and addressing corrective actions • Committee participation, process improvement initiatives, professional development and training activities Show less

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  Bojangles' Restaurants, Inc.

  Mar 2015 - Apr 2019

  Senior Director, Financial & SEC Reporting

  Bojangles' is a growing restaurant operator and franchisor. Bojangles' has approximately 800 system-wide restaurants, primarily located in the Southeastern United States. Bojangles completed its initial public offering in May 2015 and returned to being privately held in January 2019.• Oversight of daily activities and personnel responsible for general accounting and the month-end close process • Directed all aspects of SEC reporting, including 10-K, 10-Q, proxy statement, and registration statements • Ensured financial statements are prepared in accordance with GAAP and requirements SEC under regulations • Assisted with the preparation of earnings releases and other investor relations activities • Collaborated with FP&A to develop short- and long-term financial forecasts, including earnings guidance released to public investors • Assisted with preparation of all internal financial reports, board packages, debt compliance filings, and other monthly/quarterly reports • Managed the research, interpretation, documentation and implementation of newly issued accounting guidance, including new revenue recognition and lease standards • Ensured the financial integrity of Bojangles’ business operations through the development and enhancement of the accounting and control functions, including all accounting policies and procedures. Identify areas of weak control and recommended corrective actions • Assisted with reviews, annual audits and special projects with the company’s external auditor and tax advisor • Participated in the calculation of federal/state tax provisions on a monthly and quarterly basis, as well as compilation of tax information annually to assist with preparation of federal and state tax returns • Recommended and implemented changes to the company’s accounting systems as required to effectively manage and control the business. • Assisted with upgrade of relevant information technology platforms Show less

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  FG Group Holdings Inc.

  Apr 2019 - now

  Chief Financial Officer

  FG Group Holdings (f/k/a Ballantyne Strong) is a diversified holding company with operations and equity holdings across a broad range of industries. The Company has a majority interest in Strong Global Entertainment, which includes the largest premium screen supplier in North America. and provides technical support services and other related products and services to the cinema exhibition industry, theme parks and other entertainment-related markets. FG Group Holdings also holds equity stakes in public and private companies, as well real estate assets in the U.S. and Canada. • Ensure timeliness and accuracy of financial and management reporting data for Senior Leadership team and Board of Directors • Completed a spinout initial public offering (IPO) of the company’s Strong Global Entertainment operating subsidiary in May 2023, and also currently act as the CFO of the new publicly traded entity • Oversee the preparation of financial statements and assess the financial performance of the company • Provide insight and recommendations to both short-term and long-term growth plan of the organization • Manage the quarterly and annual reporting to internal and external stakeholders, including all required SEC filings • Evaluate the organization's financial position and issue periodic reports on the company's financial stability, liquidity and growth • Participate in cash flow management and planning process to ensure adequate liquidity • Review and ensure application of internal controls, compliance and financial procedures • Participate in the periodic review and renewals of the company’s risk management program • Played a key role in the valuation and sale of two of the company’s previous operating units (recurring revenue based digital signage business and outdoor advertising business) in 2020 and 2021 Show less