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Michelle Beck - Palomar College

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Suketu C. Shah – Page 2<br />

GE Capital – Commercial Distribution Finance Chicago, IL<br />

VP & Head of Financial Planning & Analysis July ’08 – June ‘10<br />

Partnered with business CFO to execute critical business priorities during the 2009 financial crisis including<br />

securing alternate funding, re-pricing long-term contracts and executing effective cost management processes.<br />

Major Accomplishments:<br />

• Delivered on financial commitments for 2 consecutive years and maintained #1 market position in<br />

inventory finance. Achieved income and asset growth targets despite toughest industry cycle on record.<br />

• Executed $50 million of cost out initiatives in 2 years. Leveraged LEAN Six Sigma to identify nonvalue<br />

adding processes and low profitability customers. Analysis led to the elimination of 200+ FTEs.<br />

• Supported commercial efforts to re-price fixed rate contracts. Developed risk-based pricing framework<br />

and policy actions which resulted in $150 million of incremental margin in 2009.<br />

• Collaborated with Corporate treasury and Capital markets teams to secure alternative funding through 3<br />

public bond issuances. Created interest rate risk models to evaluate impact on long term margins.<br />

• Led the annual financial planning and quarterly closing processes including the preparation of monthly<br />

reporting packages for executive management and corporate investor relations.<br />

GE Corporate Various<br />

Senior Manager, Corporate Audit Staff June ’04 – June ‘08<br />

As an associate in 2004, quickly accelerated through GE’s premier leadership development program to achieve<br />

promotion to Senior Audit Manager in 2007. Held chief audit responsibilities for GE’s Aviation and Energy<br />

business segments and won prestigious Chairman’s Circle Award for excellence in leadership in 2007.<br />

Major Accomplishments:<br />

• Completed 12 different audits including balance sheet and compliance reviews across 9 different GE<br />

business segments in 11 different countries totaling $40 billion of asset coverage.<br />

• Instrumental in providing in-depth analysis to support GE’s contract accounting methodology during the<br />

SEC’s 2007 revenue recognition investigation.<br />

• Coordinated successful Level 1 SOX sign-off for GE’s Energy business after 2 consecutive years of<br />

control deficiencies.<br />

• Led 60+ associates over the course of 4 years. Devoted significant time to mentor, coach and develop<br />

young talent.<br />

GE Healthcare Milwaukee, WI & Tokyo, Japan<br />

Financial Management & Leadership Program July ’02 – May ‘04<br />

GE’s version of the MBA: Completed 4 rotations within specific GE finance disciplines, ranging from cost and<br />

manufacturing accounting to commercial pricing and working capital management. Received highest honors for<br />

completing coursework in financial analytics, controllership and strategic operations.<br />

ADDITIONAL INFORMATION<br />

• Certifications: Six Sigma Green Belt (2002), Blackbelt (2006), LEAN (2008), ILC Bank (2010)<br />

• Hobbies / Activities: Avid Chicago sports fan, Recreational Basketball and Softball, Travel<br />

• Personal: Currently reside in downtown Chicago with wife and 2 daughters

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