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Phone: 773.710.4627
mike@michaeldevita.com
www.mikedevita.com
SUMMARY
Strategic Finance and Corporate Planning Leader
I build organizations. Kellogg (Northwestern) MBA with extensive international experience
Led integration of $20B+ in M&A Discovered $700k in profit opportunities from unbilled
Delivered $75M in synergies above expectations revenue and misstated costs
Created integration teams Co-designed and implemented balanced scorecard
Reduced financial reporting volume by > 20% Reduced management reporting cycle time by 67%
Improved margins 10% and saved $1M by discovering Named Grand Champion of the Prairie Fire business
and closing 15 underperforming locations plan competition, among >600 entrants, winning $175K
SKILLS
Financial/strategic planning, financial analysis, cross-functional project management and M&A
PROFESSIONAL EXPERIENCE
WALGREENS BOOTS ALLIANCE 2011 - Present
$100B+ pharmacy retailer, wholesaler, and health & wellness provider
Director, M&A Integration, Finance & Accounting 2014 - Present
Continuing the responsibilities of my previous role while adding additional responsibilities in other transformation projects
Led integration planning effort of $17B acquisition of Rite-Aid for accounting shared services
Led pre-signing integration planning and related diligence for $10B strategic partnership with Prime Therapeutics
Led implementation of a $100M+ finance ERP platform, including driving completion of deliverables (technical and non-
technical) and engaging business resources to ensure the operating effectiveness of solutions
Senior Mgr. M&A Integration, Finance & Accounting 2011-2014
Responsible for leading a team integrating all aspects of finance operations of acquired entities and unwinding divestitures.
Created a team responsible for integrating all aspects of finance operations (12 separate workstreams) for acquired entities
Member of Integration Leadership Team (ILT) for >$1B worth of M&A activity across numerous businesses
Created standardized integration work plans for finance workstreams
Created reporting mechanisms for all major acquisitions, leading to documented realization of net synergies ~$75M above deal
model expectations
Authored synergy tracking guidelines for reporting on deal performance
Built an online (sharepoint) presence providing a one-stop shop for all integration workstreams (finance or otherwise) to build,
learn, and monitor finance integration tools and activities
Eliminated consultant spend for finance integration activities saving >$100K annually
Created a forecasting and cash flow model enabling an audit process which led to a recovery of >$400k during TSA
Nominated for CFO Award for Leadership (introduced the concept and guided construction of a model for estimating
integration costs for various finance workstreams)
M&A Consultant 2010-2011
Performed due diligence on several multi-million dollar acquisitions (and sell-side transactions) of home health care and
pharmacy companies
Provided adjustments for purchase price negotiation
Prepared budgets for all target locations as assimilated into acquiring business
Co-designed purchase agreements and Transition Service Agreements (TSAs)
EDUCATION
J. L. KELLOGG GRADUATE SCHOOL OF MANAGEMENT NORTHWESTERN UNIVERSITY Masters of Management
Degree, Majors in finance, strategy, and marketing. Deans List
UNIVERSITY OF ILLINOIS, Urbana, IL
Bachelor of Science degree in accountancy with honors, Deans List
CERTIFICATIONS
Certified Public Accountant, Certified Management Accountant
PERTINENT DATA
TELCOM 21, Inc CFO for seed stage telecom hardware start-up. Named Grand Champion of the 2001 Prairie Fire business plan
competition, among over 600 entrants, winning $175K , Co-authored business plan, extensively involved in funding effort