Brett Stovern, CPA

Experience

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  Arthur Andersen LLP

  Jan 1987 - Jan 1991

  Experienced Senior Auditor

  Conducted financial audits of companies in manufacturing, real estate, construction, financial services and health care industries. Client base ranged from private partnerships to publicly traded corporations.

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  Pratt Industries (USA) Inc.

  Jan 1991 - Jan 1999

  Several key positions of increased responsibility

  Vice President Director of Mergers and Acquisitions (1996 – 1999)Vice President and Treasurer/Corporate Secretary (1994 – 1996)Vice President and Controller (1993 – 1994)Division Controller (1991 – 1993)Identified and negotiated more than 20 acquisitions and greenfield investments, and performed all related due diligence, accounting and reporting activities. Prepared and budgeted all financial statements and consolidations, including reporting to foreign- based parent, and supervised 12 controllers. Show less

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  AGL Resources

  Jan 2000 - Jan 2009

  Several key positions of increased responsibility

  Vice President and Treasurer (2005 – 2009)Assistant Treasurer/Managing Director of Finance (2002 – 2005)Senior Business Consultant (2000 – 2002)Responsible for all liquidity/debt management activities, banking and rating agency relationships, treasury information/cash management, budgeting, long-term strategic planning, investment valuations, credit risk and interest rate risk management. Evaluated all potential acquisitions and significant projects and communicated benefits and risks to Board of Directors and senior management. ☛ Member of SouthStar Energy Services Executive Committee. Led public common stock offerings of and debt offerings in excess of billion. Chief Financial Officer for Heritage Holdings, Inc., the general partner of the NYSE-traded Heritage Propane Partners MLP. Member of Investment and Administrative Committees. Show less

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  Columbia Pipeline Group

  Jan 2010 - Jan 2016

  Promoted to lead direct team of seven and operations, project management and business development/marketing teams in four states. Appointed to multiple operating, risk and financial management committees. Appointed President of Pennant Midstream LLC, a JV, and oversaw construction and operation of gas pipeline and processing assets.☛ Increased revenue and cash flow. Drove five-year high yield strategic business plan. Participated actively in origination and development of investment earnings plan, IPO of master limited partnership and separation of Columbia Pipeline Group from parent. Participated actively in sale of company and subsequent integration into acquiror. Show less Recruited to manage all finance, strategic planning, and corporate reporting activities while identifying and executing expense reductions company-wide in response to market conditions. Led professional staff in three states. Oversaw annual capital expenditure program supporting pipeline modernization and growth projects, and annual operating budget. Integral in start-up and execution of midstream and minerals optimization businesses. Member Board and Audit Committees of Pennant Midstream and Millennium Pipeline Company.☛ Delivered expense reductions across all departments. Performed financial ROI analysis on deployed capital. Led external strategic company overview and implementation of Board approved initiatives. Show less

  • Executive Vice President (2015-2016) and COO of Columbia Midstream and Minerals (2014-December 2016)

    Jan 2014 - Jan 2016

  • Chief Financial Officer

    Jan 2010 - Jan 2014
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  Cobb EMC

  Jan 2018 - Jan 2022

  Chief Financial Officer / Board Member

  Board Member – Gas South, LLC / Board Member, President and CEO – Fiber South, LLCRecruited to identify and implement operational and financial synergies between business entities to increase efficiency and profits. Led finance, strategy, risk, legal, project management and supply chain. Drove procurement efficiencies and financial restructurings. Appointed CEO for broadband startup and led exit of the business. Launched and led risk management and administrative committees around governance, reducing business risk and costs.☛ Optimized annual cash flow. Delivered return on investment through sale of business. Reduced annual operating expenses and outstanding debt. Obtained A+ credit rating providing annual savings. Secured credit facilities and refinanced long-term notes reducing interest expense. Achieved annual synergistic savings. Key contributor to profitable acquisition and integration. Initiated, developed and implemented enterprise-wide cyber security incident response plan. Show less

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  Southern Star Central Gas Pipeline

  Jan 2018 - Jan 2018

  Chief Financial Officer / Chief Administrative Officer

  Brought in by prior CEO as one of three senior executives leading execution of business plan and interface with company owners. Led all financial, information system, HR, legal, and regulatory functions.

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  Agile Cold Storage

  Jan 2023 - Jan 2025

  Chief Financial Officer

  Recruited to private equity owned entity to build financial infrastructure and processes to support significant growth phase and implement HR policies and information system (HRIS) to support exponential headcount growth. Lead financial, project management and human resource functions and team of 10. Oversee and optimize company capital structure. Direct Board and external financial and operating reporting. Prepare and present quarterly long-term strategic plans including company valuation and liquidity requirements. Develop operating KPIs and reporting for start-up of numerous facilities and entities.☛ Significantly increased revenue, EBITDA, operating margins. Executed nine figure credit facility to finance operations and capital expenditure plan. Implemented HRIS to support employee growth. Show less