1. CURRICULUM VITAE
PERSONAL
Name: Franco, Stefan, J,S.
Date of birth: April 16th. 1966
Address: Hortensialaan 7, 3271 Scherpenheuvel, Vlaams-Brabant, Belgium
Telephone: + 31.6.512.10.986 (Mobile)
E-Mail : stefan.franco@nl.abb.com
Civil status: married, 2 children age 19 and 17
PROFILE
Hands-on financial professional with broad experience in C-level financial
management with businesses ranging from start-ups to corporate multinationals.
Track record of successful company establishments, spinouts and divestments.
Ambition to grow further in start up and high growth businesses with international
exposure. No-nonsense, facts-based mentality, loyal team player and well respected
line-manager.
EXPERIENCE
07.2011-Now VP Finance & Administration ABB (Product Group EVC)
After acquisition of Epyon by ABB BV assigned as functional integration manager.
Aside above responsible for the business controlling activities of former Epyon
activities embedded as Global Product Group (Electrical Vehicles Charging
Infrastructure) inside ABB. Supported growing the business from sub 10M USD
business to 100M USD business today, with leading global market share, EVCI
having become one of the key strategic pillars within ABB.
01.2010 – 06.2011 CFO Epyon
Overall responsible for the Financial Management of Epyon, company active in
Electricle Vehicles Charging Infrastructure and Solutions, inclusive HR, IT and Legal
activities.
Involved and closed various series B/C/D investment rounds in 2010.
Prepared and supported the strategic investment round resulting in successful
acquisition of Epyon activities by ABB, at significant shareholder value and premium.
04.2009 – 09.2009 Interim Financial Advisor U-Blox AG
After acquisition of Geotate by U-Blox AG (Switzerland), responsible under temporary
assignment for post merger activities and restructuring of the former Geotate entity
and finalization of the integration of Geotate activities into U-Blox.
06.2008 – 03-2009 CFO Geotate B.V.
Joined Geotate, company active in developing and selling geotagging Software and
Solutions into the Camera market, after successful Spinout from NXP
Semiconductors and 5MEu Series A Funding by Road Group Holding BV, company
active in the GPS domain.
Responsible for shaping up the company as a fully stand alone company in all G&A
aspects: disentanglement out of NXP Semiconductors; establishment of legal entities
worldwide; introduction of new ERP system, financial system and procedures;
establishment and management of all legal-administrative support; responsible for
HR related matters.
Managed the financial/legal part of the second round funding of Geotate; successfully
2. closed the trade sale of Geotate to U-Blox AG, GPS modules manufacturer, located
in Switzerland in March 2009.
09.2007-05.2008 Financial Director NXP Semiconductors, BU Location Based
Technologies
Prepared and managed the financial/legal aspects of the spin out of BU Location
Based Technologies (London, UK) from NXP Semiconductors, which resulted in a
successful closing in March 2008 with the establishment of spinout company Geotate
BV.
02.2007-05.2008 Financial Director NXP Semiconductors, BU NXP Software
Rejoined BU NXP Software as Financial Director after successful completion of
restructuring of NXP Semiconductors’ BU Emerging Business activities. Managed the
Finance/G&A and further development of BU NXP Software, grew worldwide
profitable turnover to 30+ MEu.
01.2006-02.2007 CFO Philips Semiconductors BU Emerging Business
Managed the Financial/G&A aspects of the transfer of Philips Software activities into
the BU Emerging Business of Philips’ Product Division Semiconductors, while
assuming integral financial responsibility for the BU Emerging Business activities, a
broad portfolio of 10+ incubation activities ranging from pre-seed to revenue
generating activities including Semiconductor, Software and Services units with a
total size of app 300 FTE worldwide and total revenue of app 30MEu. Activities
covered broad global markets including a.o. Solid State Lighting, Healthcare, Mobile
Phones Software and Identification.
In 1H2006 became responsible as project leader for the restructuring and
disentanglement of BU Emerging Business from Philips into the newly formed NXP
Semiconductors. Successfully managed and closed all relevant M&A and post
merger activities.
04.2003-06.2006 CFO Philips Software & Philips CryptoTec
Assumed integral financial responsibility for new divisional activity within Philips
“Philips Software”, which directly reported via the Division CEO into the Philips Board
of Management. In this function responsible for implementation and setting up of new
divisional financial structure (P&L-Balance sheet) of Philips Software with central
division HQ in Eindhoven, Netherlands, and regional Sales and R&D centres
worldwide with target first year turnover of 10MEu and 200FTE in size. Financial
responsibility for setting up 4 years business plan of the group including
organisation/structuring activities among which divestments and acquisitions of 10+
FTE units worldwide. Financially managed Philips Software within first 3 years from
scratch to 20+MEu profitable turnover.
Managed the F&A activities of Philips’ BU Philips CryptoTec, reporting to the CEO of
Philips Software to reach a profitable 20+MEu turnover and subsequent divestment of
the BU Philips CryptoTec. Project-lead the divestment of this Conditional Access unit,
resulting in a successful divestment to IrDeto BV per 1st
of April 2006 at a 1.5 multiple
on sales and a total M&A process-time of 6 months.
09.2002-06.2006 CFO Philips Digital Transmission Systems
3. Integral financial management of a business unit under restructuring with sales of 26
Mio Euro, and a payroll of 200FTE. Co-managed the restructuring of the business
unit and subsequent divestment, including leading participation in the corporate M&A
divestment project. CO-managed the business from heavy lossmaking to renewed
profitability prior to divestment.
06.1996 – 09.2002 Financial Controller Philips Business Line Data in Hasselt (Belgium)
Financial manager of a growing business line of 700FTE, active in developing,
manufacturing and selling of CD-DVD drives in the PC market, with a turnover of in
between 0,5 and 1 BEu The Business Line included R&D, Operations (project
management, supply chain mgt., pilot-production in Hasselt and mass production in
Gyor, Shanghai, and Calamba, Philippines), Product Management and Strategy,
Marketing and Sales. In this organization I was responsible for the financial
processes within the BL from global perspective (worldwide)
As in 1996 this BL started from scratch, I gained a lot of experience in the whole
lifecycle of a growing/emerging business including growth pains and periods of
success and failure.
Also learnt how to from financial perspective manage a complete stand alone
business within Philips from development to sales, including the establishment of the
supply chain. Managed financial/legal aspects of the establishment of a new factory
start up in Hungary, and later on in the Philippines (Contract Manufacturing), went
through 3 major restructuring cycles (closing factory Hungary, 3 Restructuring rounds
in Hasselt). During last year prepared and co-managed the financial aspects of co-
operation with Benq and Sanyo.
06.1992 – 06.1996 Financial Controller, Philips Consumer Products Belgium
Responsible for financial management within the commercial arm of Philips Media
Sales activity Belgium, Hearing division Belgium, and supporting activities within
division Sound & Vision for product groups CD-I, Monitors, Tel & Fax, Tapes &
Accessories, Car PC.
In this function responsible for controlling aspects of product groups with reporting
lines to respective businesses.
In this period advanced from a support controlling function to controlling function with
end-responsibility, including managing in different product groups the business
controlling and related financial aspects as well as managing direct forecasting and
commercial planning processes with Sales & Marketing organisation.
011.1990 – 06.1992 Assistant Credit Manager, Philips Lighting Belgium
In this role responsible for managing the Receivables position of Philips Lighting
Belgium. Especially focused on managing the more complex accounts and
responsible for financial reporting, target setting and follow up.
In this function built-up significant experience regarding management of customer
payment behaviour, and coupling with internal ERP/F&A processes. Contributed to
significant improvements of the key business processes of Philips Lighting Belgium.
09.1989 - 011.1990 Assistant Controller Philips Lighting Belgium.
Supporting role in commercial country organization, primarily focused on training on-
the-job of the accounting structure within Philips Electronics and setting up and
implementing local management reporting system. Contributed to several process
improvement projects in the commercial organisation.
EDUCATION
4. 1984 : Middelbaar Onderwijs : Latin-Mathematics
1989 : Commercial Engineer (Handelsingenieur), University of Diepenbeek, Belgium
OTHER
Fanatic cyclist, loves extreme endurance challenges
Fan of soccerteam Racing Genk
President of cycle club Heuvens Kliekse Zonhoven