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WILLIAM A. NICOLAI 3367 Chestnut Landing Drive Maineville, Ohio 45039 513-673-6691 wn5efec2@westpost.

net FINANCE DIRECTOR / CONTROLLER Hands on, operationally and strategically focused accounting professional with a proven track record of effective leadership for international corporations within the food processing, distributi on, marketing and telecommunication industries. Fully bilingual (English/Spanish), and "multicultural" with extensi ve experience living and working in Central and South America, as well as in Europe and Japan. Delivered profitable results after investigating and implementing strategic, ope rational, tax or financially driven initiatives; integrated strategies that generated additional cash flows across i nternational locations. Led contract negotiations with joint venture partners, co-packers/distributors, and foreign g overnment representatives. Represented companies in discussions for future business opportunities. Keen auditor mind-set with strong analytical skills for solving problems and bui lding productive cohesive teams. Wrote policies and procedures and implemented US GAAP based accounting policies. Implemented and directed Sarbanes Oxley 404 remediation and testing programs; seven years internal audit background; conducted financial audits under the guidance of public firms. Experience and consistent record of achievement in: Accounting & Control: US GAAP/IFRS Policies and Procedures / Lean Six Sigma Sarbanes Oxley 404 Compliance / International Operations Budgeting/Forecasting Business Development: Joint Venture/Due Diligence Training and Development Contracts and Distribution Agreements Cross Cultural/Coaching Financial Planning: Strategic Planning Operational Analysis Profit Improvement / Project Development Financial Analyses EXPERIENCE AND ACHIEVEMENTS NII HOLDINGS, INC., Reston, VA (Nextel (R) Latin America - Wireless Telephone Se rvices) 2007-2009 Director of International Accounting Operations - Ensured that NII's $1.9 billio

n Mexican and smaller Chilean subsidiaries were compliant with US GAAP and SEC reporting requirements as well as in accordance with Sarbanes Oxley guidelines. * Researched, recommended, and implemented accounting policies and procedures re garding revenue recognition, expense and capitalization criteria for newly launched programs exc eeding $15MM. * Rectified or standardized the accounting treatment for transactions totaling $ 25MM. * Worked with legal department to draft an $8MM contract resulting in a favorabl e accounting ruling. * Directed Sarbanes Oxley activities that addressed deficiencies and remediated controls on a timely basis. ARMOR HOLDINGS INC., Cincinnati, OH (Commercial Vehicle Armoring Division) 2005-2007 Vice President of Finance, Mobile Security Division - Directed all financial and accounting, budgeting, and forecasting activities for $150MM division operating across 7 international loca tions. In less than one year: * Developed and implemented controls, policies and procedures throughout a newly created division; no reported deficiencies or material weaknesses. * Developed and presented the three year strategic plan. * Prepared financial statements and documents used to present the subsidiary for sale. CHIQUITA BRANDS INTERNATIONAL, INC., Cincinnati, OH (Banana Production/Marketin g) 1998-2005 Director, Finance & Administration, Processed Food Ingredients Group - Recruited to rejoin Chiquita as an integral member of management team for this $52MM strategic business unit with o ver 30 direct and indirect reports. Delivered bottom-line business results through effective leadership of finance, administration, and special projects for division with plants in Ecuador, Peru, Mexico and Costa Rica, marke ting offices in Europe and North America, and distributorships in Japan and China. Directed worldwide finance, l ogistics, and inventory management systems as well as production forecasts. * Negotiated and managed insurance claim for Honduran plant following hurricane devastation. Netted $5.3MM (100% of requested benefit), obtaining seed capital for business expansio n into Ecuador. * Spearheaded joint-venture initiative in Ecuador that fulfilled the company's v ision for strategic growth. Identified candidates and negotiated agreements that enabled diversification int o three new lines of business which generated $20MM in revenue and which led to expansions into Peru and Mexico; obtained $8.2MM in working capital financing from domestic and international banks. * Led planning and negotiations that secured 17 years of tax-free status for Cos ta Rican processing plant; oversaw all expenditures for a $3MM expansion that doubled capacity, enabling ag gressive marketing initiatives in South America, Australia, South Korea, and Japan.

* Managed transition from direct-sales to distributorship in Japan and negotiate d all contracts and agreements, including closing the previous office: successful transition reduced annual operating expenses by $300K while maintaining sales performance. * Acted as General Manager of the Costa Rican processing plant for six months an d improved efficiencies and production capacity 40%. QUAKER OATS COMPANY, Boca Raton, FL (Mfr. of Cereal, Healthy Snacks and Gatorad e) 1996-1998 Finance Director: Caribbean / Central American Exports Group - Recruited to dire ct the finance operations for a $40MM entrepreneurial group managing the distribution of Quaker Oats produ cts across 32 Latin American markets and 3 offices (2 overseas). Worked effectively with corporate tax, lega l, and international resources; managed cash flow and collections to ensure adequate operating capital. Improve d financial, operating, and administrative procedures across the division. * Negotiated lease, co-packer, and distributor agreements which ensured continue d growth within the business at favorable terms and developed effective working relationships in mul tiple Spanish-speaking environments. * Convinced corporate office not to replace existing accounting system; saved mo re than $200K in licensing fees and eliminated time and expense of a complex conversion. * Prepared and presented a business case which convinced management to reverse a decision to move to Chicago and saved over 20 full time equivalent positions. CHIQUITA BRANDS INTERNATIONAL, INC., Cincinnati, OH 1988-1996 Manager: Accounting & Information Systems, Maritrop Trading Corp. (1990-1996) Improved operational efficiency, reduced costs, and built a cohesive and empowered workforce as accou nting and information systems leader for $120MM subsidiary. * Re-engineered accounting functions, reducing headcount from 24 to 7 while proc essing 23% more billings. * Teamed with procurement on vendor negotiations, earning over $1.1MM in promptpayment discounts the first year. * Increased inventory turnover, reduced receivables, and increased days payable outstanding. * Key contributor in implementing a Total Quality Management program. * Reconciled all company accounts with total balances in excess of $600MM for th e first time in ten years; consistently met reporting deadlines. * Created a culture of teamwork, self-direction, and advancement based on merit; resolved longstanding issues that drained productivity. * Spent nine months on site and implemented financial and administrative reporti ng system for newly launched maquiladora (value-added twin plant) in Ciudad Altamirano, Mexico. Senior Audit Supervisor (1988-1990) - Supervised internal financial and operatio

nal audits across Chiquita's international locations. Through effective due diligence, reduced acquisition p urchase price of Guatemalan banana farms acquisition by $1.8MM. A.C. NIELSEN COMPANY, Chicago, IL (Marketing and Media Research Company) 1979-1 988 Controller: Nielsen Clearing House, Juarez, Mexico (1984-1988) - In a newly crea ted position, directed all financial and reporting activities for $23MM division - 14 plants, 8,000 employe es operating in 5 cities. Built a cohesive, high-performing group. * Led all the activities related to the merger of two Mexican subsidiaries and r eturned $2.5MM to the parent company by engineering a reverse-purchase that resulted in significant tax advan tages. * Drove the decision to purchase, rather than lease, a new operations facility, reaping savings of more than $1.7MM. * Eliminated payment of income taxes and estimated payments for four years by ta king an aggressive position supported by a careful technical review of tax legislation. * Developed and implemented the division's first budgeting system which allowed the company to better monitor and understand operating costs and competitively price its products. Finance & Accounting Manager, Mexico City, Mexico (1980-1983) - Built excellent cross-cultural relationships and provided stability through several management changes. Manage d all financial concerns for $10MM division. Installed new accounting software system and implemented and di rected the accounting activities of the new Colombian subsidiary. Served as accounting coordinator fo r Latin America. * Effectively managed cash flows in an environment with over 120% inflation and massive devaluations. * Reduced accounts receivable from 75 to 45 days. Internal Audit and Financial Analyst positions with A.C. Nielsen Company and Ash land Oil - Reconstructed entire sets of financial statements, conducted audits when a changeover in manag ement was required, and brought organizations into compliance within accounting principles and corporate standar ds. EDUCATION AND CERTIFICATION BS Accounting, Miami University, Oxford, Ohio Black Belt Six Sigma Candidate Passed CPA Exam, First Attempt Fluent in Spanish - Native speaker RELEVANT COMMUNITY INVOLVEMENT Mentored University of Cincinnati Honor Students under Social Entrepreneurship P rogram Prepared tax returns for Ohio Benefit Bank recipients Financial Secretary, St. Mark's United Methodist Church (2 years) Finance Committee Chairperson, Loveland United Methodist Church (5 years) Treasurer, Kings High School Music Association (5 years)

Financial Auditor, accounting records for two churches (4 years)