Joseph K. McGhee, J.D., MBA Finance

Experience

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  Wells Fargo Bank (f/k/a First Union National Bank)

  Jun 1987 - Jun 1996

  Chief Financial Officer, GA Bank

  Served as Senior Vice President and Chief Financial Officer of the Georgia Bank and as a member of the Corporate Management Committee. Provided strategic guidance to the Chief Executive Officer and the Board of Directors for $12 billion asset bank. Responsible for operations and management of general accounting and finance functions including month end closing and reporting, the development of annual operating and capital spending plans, analysis and optimization of financial performance including capital acquisitions and asset liability pricing. Repositioned a $12 billion branch network via consolidations, divestitures, and acquisitions. Served as Acquisition Team Leader and led the bank in conducting 10 due diligences, resulting in acquisitions and mergers of four institutions, and adding $6 billion in assets. Coordinated the systems conversions and work force integration activities associated with acquisitions and divestitures. Designed and developed a corporate-wide methodology, used by M&A teams in due diligences to forecast, post acquisition performance. The methodology was utilized to facilitate the determination of appropriate bids, resulting in acquisitions of financial institutions accounting for asset growth in excess of $100 billion. Managed several departments and 50+ employees. Show less

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  Fidelity Bank

  Oct 1996 - Jan 1998

  Chief Operations Officer, Mortgage Company

  Responsible for the strategic assessment of operational performance working within the organization to optimize overall financial performance and to assist in developing and implementing cost optimization programs in order to achieve long term financial results while establishing strong relationships with the leadership team, the field organization as well as the corporate finance team to identify and implement savings opportunities and assisting in strategic planning and long term business management for the organization. Restructured bank card operations and mortgage-banking operations including MIS, underwriting, closing, servicing, and secondary marketing, resulting in 30% fewer personnel and $2 million reduction of expenses; modified products and pricing; developed additional investor conduits, resulting in 30% increase in trading gains and 25% increase in fee income. Implemented an automated point-of-sale origination and underwriting system; sold $400 million servicing portfolio, resulting in $1.4 million pre-tax gain. Responsible for the management and direct supervision of 30 plus employees. Show less

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  Amenity Services, Inc.

  Nov 1998 - Oct 2003

  President & Senior Consultant

  Business consulting and interim executive services. Major engagements completed as follows:Six-month engagement as Chief Financial Officer of mortgage servicing and lending company. Responsible for capital restructuring, developing business plans, managing the incorporation process, the initial public offering, and corporate stock option plans, other responsibilities included traditional Treasury activities, Accounting, and financial reporting. One plus years engagement as Executive Vice President, Chief Operating Officer and Chief Financial Officer of a mortgage and financial services company. Responsible for developing and implementing operational procedures and controls in adherence to corporate and regulatory policies and procedures; oversaw Unitary Thrift banking charter application process, and organization efforts required to create start up, turn key banking operation. Show less

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  Jones Walker LLP

  Nov 2003 - Jan 2006

  Attorney

  Jones Walker (formerly Miller Hamilton Snider & Odom, LLC)Practice focused on financial transactional work in corporate, commercial real estate, and business law matters with some secondary litigation. Clients include individuals, small businesses, and institutional clients.Represent clients in various matters including drafting and administration of contracts, acquisitions, dispositions, and formation of business entities, reorganizations, corporate governance, workouts/restructuring plans, and bankruptcy.• Drafted stock purchase and asset sale agreement, structured sale of company and conducted closing.• Structured and implemented tax deferred strategies such as section 1031 real estate exchanges and section 361 corporate reorganization.• Drafted and negotiated ESOP loan documentation facilitating business owner’s exit strategy.• Provided legal opinion regarding non-public bank stock offering circular.• Filed corporate bankruptcies and assisted with workout and forbearance arrangements.Represent financial institutions, private lenders, developers, and borrowers in areas such as negotiating, structuring, and documenting secured commercial transaction agreements and commercial real estate loan transactions.• Negotiate and prepare loan documentation including credit agreements, security instruments, subordination agreements, landlord waivers, and Uniform Commercial Code filings. Conduct closings and issue title insurance policies.• Negotiate deposit account control agreements (DACAs) for a national bank. Show less

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  Agostino McGhee, LLC

  Nov 2006 - Oct 2012

  Attorney- Managing Member

  The Company’s primary practice areas are business and corporate law, real estate finance, estate planning and asset protection, and loan default management. The Company offers legal and consulting services to clients regarding business transactions, corporate governance, real estate lending and finance, estate planning and asset protection, loan default management, and operational efficiencies. Experienced in corporate matters including corporate governance, lending and finance, merger, acquisition and divestiture of businesses and or business units. Client base includes individuals, small and medium businesses, law firms, multinational real estate investment trust company, multinational manufacturing and mining company.Practice is primarily focused on commercial transactions; real estate leasing and lending; corporate finance; business entity formation, asset protection; loan default management and judicial foreclosures. Engagements include collaboration with business clients to structure, draft and negotiate complex contracts with customers, distributors, suppliers, licensors and licensees; draft and file various types of secured transactions; establish operational processes and procedures; and provide estate planning and asset protection planning for business owners and individuals. Additional engagements have been of counsel advising clients regarding judicial foreclosure processes including intake analysis and staging of Florida foreclosure transfer files.Legal and consulting services provided to clients encompass analysis, negotiations, drafting and modifications of domestic and international vender supply and service contracts; distributor, sales representative and direct sales contracts; with a familiarity with European Community laws and attention to various legal issues including insolvency of customers and securing priority interest in collateral. Show less

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  Shapiro Pendergast & Hasty LLP (formerly Pendergast & Morgan, PC)

  Jan 2012 - Mar 2014

  Senior Litigation Attorney, Manager of Florida Foreclosure Division

  Manage and direct a staff of attorneys and operations staff representing servicers and lenders performing judicial residential foreclosures in the State of Florida. Primarily responsible for the entire judicial process flow from the initial case referral and complaint filing action, service, judgment, and the sales process. Collaborate with firm management and clients to perfect efficiencies and continual compliance with Federal, State, and Circuit regulations. Provide legal and process oversight to staff attorneys while managing a case load of approximately 450 contested and non-contested cases, which require responding to affirmative defenses, discovery requests and marshalling cases to judgment via summary judgment or non-jury trials. Show less

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  Aldridge Pite, LLP

  Aug 2014 - May 2016

  Litigation Attorney, Florida Foreclosure

  Client liaison and plaintiff’s litigating attorney for various mortgage servicers. Primarily responsible for development, implementation, and performance of a foreclosure judicial process flow based on service level agreements with primary client servicers. Direct several business units providing operations expertise while litigating a full caseload of contested cases to settlement or judgment for plaintiffs

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  Stout Kaiser Peake & Hendrick, LLC

  Oct 2016 - now

  Commercial Transaction Attorney

  Commercial practice includes providing legal expertise in business transactions including sales, service, purchase & supply agreements, secured transactions, acquisitions and divestitures, commercial real estate lending, closings and leasing, business formation and corporate governance.