You are on page 1of 2

R O N AL D U R E T T A

EXECUTIVE SUMMARY

Page 1

Cassin & Cassin, LLP New York, NY 2011 to present Chief Financial Officer & Chief Operating Officer Lead the day-to-day operations of a real estate law firm with locations in New York, Los Angeles, Dallas and Westchester County. Transform and professionalize best practices and standards for a legal, professional and administrative staff. Transformed compensation plans, performance reviews, client billings, accounting processes, insurance programs, technology upgrades, marketing campaigns, and office location renovations that included tenant build-out in an occupied space. Consistently ensure superior client relationships and efficiencies that enable the firm to meet and maximize revenue targets. High Road Advisors (formerly High Road Capital) Rye, New York 2004 to 2011 :: http://www.highroadadv.com Principal & Managing Member Guide small and medium business enterprises with finance, marketing and operational management, as well as turnaround solutions for operating companies. Deploy private equity and advise SME growth ventures in multiple industry sectors; prepare, and review acquisition models. As Principal and key financial advisor to funds, help prepare PPMs, review prior deals and prepare case studies for sales documents. Analyze, guide and direct the execution of asset management plans. Evaluate investment opportunities and provide financial modeling, investor communications, due diligence and tax reporting, as well as strategies for accounting firms on interim reports and year-end audits. Island Capital Group New York, New York 2003 to 2004 Principal: As a private equity partner acquired marquee real estate assets from CBRE and Insignia. Insignia Financial Group New York, NY 1990 to 2003 Insignia/ESG President 1998 to 2003 Chief Operating Officer 1996 to 2003 Chief Financial Officer 1993 to 1996 Managing Director, Mergers & Acquisitions 1990 to 1992 Senior member of the executive management team reporting directly to the CEO, led continuous improvements to the organizational infrastructure and introduced business-building solutions. Helped build Insignia into a leading real estate firm with a major presence in the U.S., Europe, Asia and Latin America. With $750 in revenues, Insignia was capitalized at inception with $5 million, ultimately securing a market cap in excess of $1 billion. Planned, managed and implemented profitable strategies across the organization, directing human resource, IT, marketing, finance, legal and risk management functions. Led a 12,000-person workforce through 50+ strategic acquisitions and integrations. Communicated and engaged effectively with the executive management team, all staff, the board directors and the media. Created and implemented industry standards. Veltri Raynor & Co, CPAs Englewood Cliffs, NJ 1978 to 1990 Senior accountant working on certified audits, tax compliance, preparation of financial statements, real estate development project accounting, on site contractor supervision, lender interaction, management of engineers, architects & attorneys. EDUCATION & DEVELOPMENT Waynesburg College Waynesburg, PA BBA in Accounting, 1974-1978 Insignia Corporate Leadership: Board of Directors: European & Far East Operations Residential Brokerage Subsidiary Executive Leadership, Memberships & Continuing Education: Turnaround Management Association NY Chapter Programming Committee Turnaround Management Workshop: Restructuring & Refinancing; Legal & Financial Issues NACD (National Association of Corporate Directors): Executive Affiliate ACG (Association for Corporate Growth) The Wharton School, University of Pennsylvania: Research Committee Zell-Laurie Real Estate Institute Board REBNY: Board of Governors Mentor: NYU Stern School of Business, Berkley Center for Entrepreneurship & Innovation Citizens Budget Commission of New York: Board of Directors Citizens Budget Advisory Committee, Harrison, NY Rye, NY 10580 Ph: 914.602.1145 Email: ronuretta@highroadadv.com LinkedIn www.Linkedin.com/in/ronuretta

R O N AL D U R E T T A

Career Milestones & Distinctions page 2

CHIEF FINANCIAL & OPERATING OFFICER M&A INTEGRATIONS BUSINESS PLATFORMS Financial Operating Budgets :: Client Services Management :: Improved Bottom Line Results Direct and implement costsavings and cost-reductions with sustainable economies of scale to a New York-based real estate law firm Built a domestic organization with commercial revenues of $100 million into an NYSE-listed, market-leading, global firm of $750 million in revenues As the COO, deliver first-time operational and financial best practices and management models to a real estate finance law firm with large institutional lenders, e.g., UBS; CIBC; Cantor. Instituted new billing process tied to loan closing schedules that resulted in the immediate creation and collection of bills for services at the time of closing. Conceived and executed a client succession plan to ensure continuity of service during growth periods. Developed annual 360 performance reviews company-wide, with new productivity metrics. Led the accelerated growth and successful integration of more than 50 companies into the Insignia Financial Group portfolio as the Chief Financial Officer, President and Chief Operating Officer. Aligned multiple, culturally diverse entities with the domestic brand in the UK, Ireland, France, Italy, Germany, Belgium, Spain, the Netherlands, Hong Kong, India, China and Japan. Developed best practices and migrated core values into a cohesive platformdesigning the mission around long-term business growth strategies. Shepherded communications plan, investor relations and regulatory relationships/compliance during successful IPO. EXECUTIVE QUALIFICATIONS
BUSINESS DEVELOPMENT PROJECT DESIGN & PLANNING STRATEGIC PLANS & MISSION CREATION

Financial Performance/ P&L Oversight Banking Relationships Cash Management Cost Controls Corporate Borrowings Market Entry/Expansions Acquisitions & Integrations Corporate Governance Regulatory Compliance Risk Management IT Initiatives Human Capital Management Succession Planning Investor Relations Legal

BUSINESS PERFORMANCE HIGHLIGHTS


Executive Management Initiatives Chief Financial Officer & Chief Operating Officer of Insignia Financial Group

P OSITIONED A WORLD - CLASS BUSINESS BY FRAMING FINANCIAL STRATEGIES , DEALS & INVESTMENT RELATIONSHIPS Represented the company to high-profile investors, research analysts and investment banks to pursue an acquisition strategy. Financial Management: Managed banking relationships, designed cost-effective cash management systems and drove yearly budgeting process. Led corporate borrowings and debt compliance, including a $300 million revolving credit facility of a 15-bank consortium. Oversaw IPO road show and raised $125 million in equity through two public offerings: first on the NASDQ and later on the NYSE. Ensured SEC compliance, and interfaced with other regulatory bodies, e.g., FASB; HUD; and the IRS. Dealt directly with key insurance companies and brokers, and mitigated insurance risk by performing risk tolerance analysissystematically evaluating potential exposure and broad coverage requirements by specific business sector. Created competitive edge on service contracts with major providers through economies of scale, and managed these relationships effectively to create multiple, consistent revenue streams. D EFTLY SHAPED THE STRATEGIC DIRECTION OF A PREMIER REAL ESTATE ORGANIZATION WITH A LASTING GLOBAL FOOTPRINT Created and implemented a robust operational infrastructure that enabled expansion into existing domestic and emerging overseas markets. Navigated cross-cultural distinctions by communicating effectively across all levels of the organization. Operations Leadership: Originated comprehensive HR policies and procedures and mandated enterprise-wide application, e.g., continuing education and training modules classified by job; interactive, cross-functional programs; and written performance reviews. Developed multi-tiered, performance-based compensation plans with custom objectives, and created succession plans to attract, retain and motivate top talent. Best practices boosted revenue opportunities and customer-centric processes. Transformed obsolete technology, introduced data mining to research local and regional markets and fully integrated crucial software company-wide as a comprehensive operational and financial management tool to strengthen performance. Directed both internal staff and outside vendors to create a full-scale global marketing and communications strategy.

Rye, NY 10580 Ph: 914.602.1145 Email: ronuretta@highroadadv.com LinkedIn www.Linkedin.com/in/ronuretta

You might also like