Terence W. Toran


Cell (617) 901-8806 2009 Commonwealth Avenue, Apt. 3 email twtoran[at]gmail.com Brighton. MA 02135
OVERVIEW
Senior Finance and Development executive in hospitality, healthcare, real estate, and startups. Finance experience includes raising capital, SEC (10-K, 10-Q, S-1), GAAP, and Tax reporting, financial management and control. Led real estate development from feasibility to construction financing and permanent debt. Installed finance and control infrastructure for many businesses.

BUSINESS EXPERIENCE

BK FINANCE, GmbH, Zurich, Switzerland / Boston, MA2004 - Present
Senior Advisor
Board advisor and consultant for a Swiss based private equity fund. Provide financial and strategic review of business plans and results for US investments; evaluate and recommend development investments in the US market, including:

. Draft, circulate, and implement offering memorandum for the sale of a startup student loan origination firm.
. Implement refinancing, reorganization, and turnaround of internet based third party medical reimbursement startup firm.
. Secured approvals, permits, and financings for ground up real estate projects in seven different states
. Secure industrial revenue bond financing for skilled nursing firm.
. Design, build, and install the budgeting and financial control system to support the pro forma financial forecast for a
retirement living center; built dept. budgets and installed outsourced third party reimbursement systems.

PCR / SCRF, INC., Timonium, MD2002 2003
Chief Financial Officer
An angel/private equity fund created to establish ventures applying behavioral management for healthcare and eldercare operators. Completed business plans and investment presentations for a range of venture proposals.

. Adapted behavioral psychology (observation and intervention) as operating standards for retirement and nursing caregivers to
cut spans of supervision, reduce SG&A, lower turnover, decreased clinical errors and malpractice incidence.
. Patent a PDA/ internet device that increased shift coverage ratios of caregivers per supervisor, and lowered costs by 35%.
. Secured initial commitment of $40M from a not-for-profit.

USDATA CENTERS, INC., Marlborough, MA2000 2001
Chief Financial Officer
Initial CFO for a web hosting startup. Completed a second institutional round, bank debt and lease financing of $24 million to fund the growth plan; established analyst coverage and contacts; drafted S-1 filing and preliminary 10-K for SEC; built finance function, initial budgets, and business plan; designed and built the initial data center facility in four months; responsible for all finance, accounting, planning, and transactions.

STREAMLINE.COM INC., Westwood, MA1999 2000
Chief Development Officer/Chief Financial Officer
Authored development and growth plans for an Internet-based grocery business. Prepared S-1 prospectus and road show presentation for an IPO that raised $45 million. Managed initial audit and Form 10-K filing to SEC. Led a development rollout of 35 fulfillment centers in 20 markets. Directed finance, accounting, and real estate development.

CAREMATRIX CORPORATION, Needham, MA1996 - 1999
Vice President, Development
Led the national rollout for a pipeline of 84 retirement living projects and 18 construction starts; secured construction financing of
$ 124 million. Managed the Northeast and West Coast regions including eight development officers. Built and opened over 20 custom facilities including 450 licensed beds in high-end exclusive markets including: Weston MA, Scarsdale NY, Palo Alto CA, Bronxville NY, Stamford CT, New Canaan CT, and La Jolla CA.





MARRIOTT INTERNATIONAL, Bethesda, MD1986 1996
Over a ten year period, promoted to increasing responsibilities as a finance and development executive for the pioneer startup venture, the turnaround of a mature division, and corporate executive staff directing financial planning and analysis.

Senior Vice President, Finance and Market Development1992 - 1996
Food Services Division
Led finance and marketing for this $1 billion division that provided food and facility management to corporations. Achieved 5% growth after five years of flat profits by cutting costs and installing national brands to improve margins. Directed financial reporting, budgeting, control, and analysis for 86 operating districts, and 26,000 employees operating at 1,200 locations.

Vice-President, Financial Planning and Analysis1991 1992
Corporate Finance Department
In charge of Marriott Corporations financial planning and reporting when the corporate revenue was $ 14 billion: including the corporate MD&A, periodic SEC Forms 10-K, 10-Q, and S-1 for SPEs, private and public financings, strategic plans, capital evaluations, budgets. Directed the plan to restructure the corporation into a REIT and a separate operating company. Managed SEC filings to finance lodging development projects.

Vice President, Development and Planning1990 - 1991
Senior Living Services Division
Led real estate development, capital investment, healthcare planning, product development, strategic planning, and project financing for the startup business providing housing and services to seniors that grew to $ 1 billion. Built a 40-person team that contracted 90 sites in 17 states. Structured a $70 million private syndication sale and a $60 million private placement and all required SEC filings. Transactions include REITs, joint ventures, sale/leasebacks, tax exempt and mortgage bonds, equity pools, and HUD 232 mortgages.

Vice President, Finance1988 - 1990
Senior Living Services Division
Established and managed accounting, control, IT, health planning, and strategic planning, when the corporation authorized a $2 billion capital budget for the new venture and a national rollout of 150 units. Staffed and managed a 50 person team.

Assistant Controller, Operations Planning and Control1986 - 1988
Corporate Finance Department
Reviewed and recommended annual budgets, capital expenditures, five year plans, for six divisions contributing $ 7 billion in revenue. Directed due diligence for acquisitions from $15 million to $1 billion.

UNIROYAL CORPORATION, Middlebury CT
Director, Planning and Business Development 1983 -1986
A $2.5 billion corporation including chemicals, tires, and plastics. Part of the management team that turned the firm from bankruptcy to $180 million net income.

WELLS FARGO/BURNS INTL ARMORED CAR and GUARD CO., Parsippany, NJ1980 1983
(Subsidiary of Borg-Warner Corporation)
Director, Strategic Planning and Business Development
A $1 billion protective services group.

BOOZ, ALLEN & HAMILTON, INC., New York, NY 1977 - 1980
Management Consulting Group
Senior Associate/Engagement Manager

GULF OIL CORPORATION, Pittsburgh PA1975 - 1977
Associate, Corporate Planning
PERSONAL DATA

MBA, Finance and Accounting, Amos Tuck School at Dartmouth College, 1975
BSE, Chemical Engineering, Princeton University, Deans List, 1970
U. S. Navy, active duty, Department Head, 1970 1973; reserves, retired, Commander, 1975 - 1990