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Home My WebLink About07-221 AUGUST 14, 2007 07 -221 RESOLUTION (CARRIED LOST 3-3 LAID OVER WITHDRAWN PURPOSE: APPROVE APPOINTMENTS INITIATED BY: MAYOR FRANK TOWER BE IT RESOLVED by the Common Council of the City of Oshkosh that the appointments to the various boards are made by Mayor Frank Tower, as attached hereto, and are hereby approved. CITY HALL 215 Church Avenue P.O. Box 1130 Oshkosh, Wisconsin 54903-1130 City of Oshkosh ~ OJHKOJH Date: August 8, 2007 From: Frank Tower, Mayor Listed below are the appointments, to be made by the City Council at their August 14, 2007 meeting, to the city's boards, commissions, committees and authorities. REDEVELOPMENT AUTHORITY Name Reason for Appointment Effective Expires David Omachinski 1605 Maricopa Drive PH: 233-2109 Fills the unexpired term of Sheldon Lasky 8/14/07 6/1/09 .... .... DAVID L. OMACHINSKI C: 920-203-3285 H: 920-233-2109 1605 Maricopa Drive Oshkosh, WI, 54904-8231 domachinski@new.IT.com Summary Senior executive with demonstrated success in managing companies to highly profitable, sustainable results, strategic planning, global sourcing and wholesale distribution, specialty retailing, brand management and financial oversight. Twelve years' experience as independent and inside director for both public and privately owned companies. Professional Experience Executive Management Consultant July 2005-Present Provide executive management and financial consulting services. . Served as interim CEO in turnaround engagement. Successfully stabilized business operations and provided support for ultimate sale of company. . Served as interim CEO of rapidly growing manufacturing company. Successfully implemented critical financial reporting and inventory management systems resulting in significantly higher gross profit margins and reduced inventory levels. . Provide merger and acquisition support for businesses. Oshkosh B'Gosh, Inc. 1993- 2005 A $400 million global designer, wholesale distributor and specialty retailer of children's apparel with 4,800 employees, Oshkosh B'Gosh, Inc. was sold to Carter's, Inc. in July, 2005. President and Chief Operatine: Officer 2004-2005 Promoted in February, 2004 to lead all major business units (including wholesale distribution, specialty retail store chain, e-commerce, and sub-brand licensing operation with Target Stores), product sourcing, finance, accounting, human resources and IT. . Directed highly successful national rollout of sub-brand licensing deal with Target Stores. . Improved wholesale business operating margin by over 40%. . Reorganized e-commerce business resulting in a turn around to profitable operating results. . Directed rollout of family lifestyle specialty store concept. . Successfully coordinated and completed (as directed by Company's controlling shareholders and Board of Directors) the sale of Company to Carter's in July, 2005. Chief Operatine: Officer and Chief Financial Officer May, 2002-February 2004 Promoted in May, 2002 to lead Company's retail business unit, along with global sourcing, distribution and logistics. Maintained oversight responsibilities (as CFO) for finance and accounting, human resources and IT . Led successful strategic sourcing shift from Mexico and Central America to Asia. . Successfully developed and implemented comprehensive corporate governance structure in compliance with the Sarbanes-Oxley Act of 2002. Vice President-Finance, Treasurer and Chief Financial Officer 1993-2002 Recruited in December, 1993 to assume full responsibility for all Company finance and treasury functions, financial reporting, taxation, risk management, legal and general administration functions, and development of product sourcing strategy. Page 2 David L. Omachinski . Successfully developed and carried out 5 year plan to migrate all domestic manufacturing to offshore sources. Improved gross profit margin over 800 basis points. . Liquidated unprofitable European business unit and successfully converted to highly profitable licensed business. . Developed and implemented Economic Value Added (EVA) reporting system: . Successfully developed and caITied out two corporate recapitalization strategies. . Implemented inventory management system reducing inventory levels by over 40%. . Oversight responsibility for all corporate M & A activity. Schumaker, Romenesko & Associates, S.C. 1975-1993 (Merged into Virchow Krause & Company) A Wisconsin based, full service, regional accounting firm (subsequent to 1993 merged into Virchow Krause & Company). Executive Vice President and Chief Operatine: Officer 1992-1993 Promoted in 1992 to assume all responsibilities for day to day operation of the firm. . Successfully reorganized firm operations into industry specific teams. . Directed roll out of newly developed and enhanced business consulting services. Partner in Chare:e of Oshkosh, WI Office' 1985-1992 Appointed Partner in Charge of firms' newly acquired office in Oshkosh, WI. Responsible for managing all client service and office operations. . Successfully integrated acquisition of CPA practice under firms' umbrella operations. . Increased client service fee base over 400%. Audit Partner 1980-1985 Promoted to Partner in October, 1980. . Led firms' audit practice. . Led firms' professional staff recruiting program. Audit Manae:er 1975-1980 Price Waterhouse & Company 1974-1975 Recruited as entry level staff accountant for this international CPA firms' Milwaukee, WI office. Board Directorship Experience Over the past twelve years, have served as independent or inside director for a number of public companies, privately held companies and non-profit organizations including: Anchor BanCorp Wisconsin, Inc. and its wholly-owned subsidiary AnchorBank, fsb 1999-present . Have served as chairman ofbank's audit committee for past five years. Qualified as an "audit committee financial expert" within the meaning of applicable rules of the SEC. Oshkosh B'Gosh, Inc. . Served as member of board's executive committee for eleven years. 1994-2005 White Clover Dairy, Inc. 1994-2003, October 2005-February 2007 ~ Page 3 David L. Omachinski University of Wisconsin-Oshkosh Foundation 2003-present . CUITently serve as Treasurer and Co-Chairman ofUniversity's $ 24 million capital campaIgn. Cham co, Inc. 2002-present . Currently serve as Treasurer of this not for profit industrial development organization serving Oshkosh, Wisconsin and surrounding area. Education, Awards and Certifications BBA -University of Wisconsin-Oshkosh, 1974 Recipient of 2000 Financial Executive of the Year A ward-Institute of Management Accountants Certified Public Accountant