Eric Breese

Eric Breese

Accountant

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location of Eric BreeseHouston, Texas, United States

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  • Timeline

  • About me

    Operating Partner, CFO, Venture Capitalist, Finance & Business Management Expert skilled at expanding organizational reach

  • Education

    • Cardinal Stritch University

      1994 - 1996
      Master's Business Administration Business Administration and Management, General
    • Lakeland College

      1989 - 1991
      Bachelor of Arts (B.A.) Accounting
  • Experience

    • Charles Fink, CPA

      Sept 1990 - Sept 1996
      Accountant
    • Wipfli

      Sept 1996 - Sept 1998
      Senior Accountanct
    • Allied Computer Group

      Sept 1998 - Sept 2004
      Chief Financial Officer & VP Operations
    • Evonik Industries AG

      Feb 2006 - Aug 2010

      As Manager of Corporate Finance, Eric contributed greatly in optimizing external Evonik credit rating and analyzing impact of planning scenarios on the Group external credit rating.Few highlights include:• Examined foreign exchange risk through weekly risk analysis of foreign exchange positions. Also analyzed all strategic decisions and the impact on the Evonik credit rating from Moody’s and S&P.• Served as a member of the team that managed the credit of Evonik. Assumed accountability for all debt and credit arrangements for Evonik including a multi-billion euro syndicated note, multi-million euro bond, letters of credit, guarantees, etc.• Developed a system to monitor all banks having cash deposits by Evonik, utilizing the sovereign debt rating, the bank’s credit rating and automated the same for daily review using Bloomberg and Excel.• Forged and maintained strong relationships within the organization. Automated many processes using Excel that allowed for faster preparation of key reports.• Comprehended the financial impact of strategic decisions on the credit rating of the company. Show less

      • Manager Corporate Finance

        Sept 2007 - Aug 2010
      • Business Controller

        Feb 2006 - Aug 2007
    • IQPLUS Foods

      Jan 2009 - Jan 2015
      Member of the Advisory Board

      As a member of Advisory Board provided financing ideas support and advice, assisted in the development of the business plan, evaluated strategic decisions and acted as a sounding board for executive management.

    • Evonik Degussa GmbH

      Sept 2010 - Apr 2015
      Vice President External Growth

      Within his role as the Vice President of External Growth, Eric was accountable for creating and implementing the External Growth process to align external growth with business unit and corporate strategy executing on strategic partnerships, joint ventures and acquisitions.Some contributions include:• Played a key role in realizing acquisition strategy creating active targets lists and evaluation mechanism. Directed multiple global projects including execution of all phases from due diligence to closing of a successful acquisition immediately creating value worth millions of dollars.• Set up and maintained external growth as part of the strategic plan of all business within the business unit including processes and procedures. Steered multiple projects to determine acquisition targets in all major regions of the world – Europe, China, India, Brazil and North America.• Collaborated with the Business Line heads and developed plans for external growth. Utilized financial background to support modeling and analysis and while confirming projects’ expectations and outcomes.• Comprehended business needs and offerings, proposed a market consolidation concept in China and prepared the drawer ready plan. Discovered significant hidden markets and potential for the business in the future.• Negotiated complex potential transaction with a business owner and his investment bank in India while maintaining excellent prior commercial relationship. Show less

    • Evonik Venture Capital

      Aug 2013 - Dec 2022

      In his role at Evonik, Eric was responsible for identifying strategic investments to support Evonik’s business strategy, analyze and execute on targets including business and financial assessments.Some of his contributions here include:• Set up a network with regional VC funds, incubators, and relevant organizations in North America. Tasked with identifying and assessing potential companies that could pique Evonik’s interest for equity. • Examined deal flow from partners, sat on panels to provide feedback to help the early stage company refine business plans. Negotiated confidentiality agreements, investment terms and conditions and calculate valuations.• Involved necessary internal and external partners (legal, finance, ESHQ) to lead perform due diligence prior to an investment decisions. Drafted internal documents including deal memorandums and presentations for senior executives to secure approval of deals. • Developed new relationship with the Houston based accelerator – Houston Technology Center. Served on 2 advisory panels at pitch session for Houston Technology Center companies.• Presented Evonik & Evonik Venture Capital in a reverse showcase global Webinar - highlighting Evonik interest areas. Created network with other VC’s, Private Equity Firms, Accelerators, Angel Networks• Evaluated business plans of 20 companies with 5 projects being considered for further internal review by the related Evonik business. Generated interest within Evonik for technologies and ideas just outside the core.. Show less Eric’s role as the Director of Innovation entailed the development and implementation of a BU strategy for Open Innovation and a successful filling of the pipeline with multiple opportunities including investment opportunities, R&D collaborations, and strategic alliances.The highlights of this role include:• Forged strategic partnerships to further grow business with Startups, Middle Market and Multinational corporations.• Leveraged search fields developed with the research and development groups of 4 business lines and implemented and open innovation process in North America to identify technologies, products and business models that Evonik could benefit from. • Developed relationship with targeted Universities, early stage and mature companies. Negotiated confidentiality agreements, proposed and negotiated joint development agreements and licensing agreements. • Examined the potential commercial success and financial return of the technologies and steer the due diligence efforts on the technologies.• Drafted internal documents including presentations for senior executives to secure approval of deals and assumed accountability of supervising a project team of more than 20 members. • Attained success in developing and executing an open innovation strategy in the Americas for the Business Unit. Filled the pipeline with 30 new ideas for R&D collaborations or joint development agreements.• Understood business needs, identified growth opportunities and performed preliminary vetting of those opportunities. Show less

      • Investment Director

        Apr 2015 - Dec 2022
      • Director Innovation Americas

        Aug 2013 - Apr 2015
    • NextEra Energy Investments

      Jan 2023 - now
      Finance Operating Partner

      NextEra Energy (NYSE: NEE) is a technology-driven leader in the energy sector, prioritizing innovation to enhance shareholder value. Beyond renewables, the company leverages cutting-edge technologies and digital tools to optimize energy production & distribution. This commitment ensures operational efficiency, driving sustainable growth and delivering reliable energy solutions for the future.

  • Licenses & Certifications

    • Certified Public Accountant

      Wisconsin Department of Safety and Professional Service
      Jun 1993
  • Volunteer Experience

    • School Board President / Member

      Issued by St. Patricks Parish School on Aug 2001
      St. Patricks Parish SchoolAssociated with Eric Breese