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| Marc Johnson, M.B.A. Research Associate (901) 545-3416 (Office) For twenty years, Mr. Johnson held various financial management positions during his career at Federal Express, including responsibility for the capital budgeting function and operational accounting for fixed assets ($4 billion+) and inventories. Mr. Johnson supervised a staff of four managers and 40 or more professionals. He implemented inventory control systems that significantly reduced investment levels, increased cash flow via fixed asset policies, and reduced headcount through automation and restructuring. Mr. Johnson regularly contributed to financing strategy and major capital project proposal assessments for Board of Director review. As manager of Capital Controls & Reporting, Mr. Johnson had responsibility for the planning, authorization, controls, and post audit functions of a capital budget that exceeded $2 billion annually. The position entailed uniquely broad interaction with all levels of financial and operating management, including senior and executive. As a Financial Projects Administrator, Mr. Johnson negotiated equipment, real property and aircraft financings. He served as the lead in initiating and implementing innovative tax-oriented sale/leaseback financings and had frequent interaction with investment banking community, banks and leasing companies. |
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