1. FRANK LANUTO
11 Oak Wood Drive West
Lloyd Neck, NY 11743
Cell: 917-880-8088 Flanuto@gmail.com http://www.linkedin.com/in/FrankLanuto
SENIOR FINANCIAL EXECUTIVE / CHIEF FINANCIAL OFFICER
Business Strategy / Operational Excellence / Mergers & Acquisitions / Treasury & Tax Strategy /
Comprehensive financial management expertise, including significant experience in tax, treasury, financial
systems and reporting. Demonstrated success in turnarounds, restructurings, profitability improvement and
negotiations. Hands on leader with strong communication skills to develop and motivate employees toward
the achievement of business objectives. Significant accomplishments include the financial turnaround
of a global media company, the initial registration of common equity of an international advertising
organization and the design and implementation of a worldwide financial reporting system
encompassing more than 90 countries.
Randstad USA April 2014 – March 2015
Chief Financial Officer, Professionals Division
Directed Finance, Accounting, Business Services and Operations for this $2 billion professional staffing
and talent management company.
Successful management of post-acquisition integration of two large professional staffing
Designed consolidated shared service organization generating more than $2 million in annual
Successful deployment of ERP applications for 3 large operating entities.
Hudson Highland Group, Inc. New York, NY (Nasdaq: HSON) June 2008 – March 2014
Senior Vice President, Controller and Principal Accounting Officer
Led Corporate Treasury, Tax & Reporting for this $1 billion global professional staffing and talent
Negotiated new primary credit facility with improved terms and expanded liquidity.
Implemented tax planning strategies to successfully reduce annual cash taxes.
Successfully managed financial reporting through an independent auditor transition.
Built a new corporate financial reporting and tax team.
Redesigned critical financial reporting policies and practices including the implementation of an
enhanced financial reporting application.
Initiative Media Worldwide (subsidiary of Interpublic), New York, NY Sept. 2005 – March 2008
Executive Vice President, CFO
Led the global financial function and operations activities for this $400 million media division of Interpublic
Introduced innovative media brokering strategies and implemented effective cost controls leading
to a forty percent increase in operating income and a 300 basis point increase in operating
margin over two years.
Partnered with corporate treasury to design and implement a cash management incentive
program that reduced working capital deployed by nearly eleven percent.
Strengthened the company’s risk management systems and controls to achieve compliance with
2. FRANK LANUTO Page 2
Publicis Groupe, New York, NY May 2000 – Sept. 2005
Chief Financial Officer, Publicis Healthcare Communications
Directed financial operations for this $350 million division of healthcare advertising, education and
specialty communication companies.
Sold, merged and restructured various operating entities globally, leading to improved operating
margins of more than 200 basis points.
Redesigned and implemented the system of financial internal controls and reporting practices at
the company’s largest U.S. division to meet compliance requirements of Sarbanes-Oxley.
Executive Vice President, Corporate Finance, Bcom3 Group, Inc. (acquired by Publicis Groupe)
Directed the Corporate Finance group of 60 professionals, including Treasury, Tax and Financial
Reporting for a $2 billion marketing communications company operating in more than 90 countries.
Implemented tax and treasury planning initiatives leading to a reduction in the Company’s
effective tax rate.
Senior Vice President & Director, Group Financial Reporting
Post creation of Bcom3, successfully transformed the reporting practices and control environment of two
formerly private companies and completed the Company’s initial registration of its common equity
Rapp Collins Worldwide (subsidiary of Omnicom Group Inc.), New York, NY May 1993 – April 2000
Chief Operating Officer, Chief Financial Officer, New York Office
Managed business planning, financial reporting, information technology, human resources and
administrative services for Rapp Collins’ largest office.
Led the company through a significant period of profitable growth, increasing billings form $92
million to $210 million in four years while improving profit margins from 22% to 26%.
Chief Financial Officer, U.S. Communications
Managed the integration of this strategic acquisition into the Omnicom network. Responsible for business
planning, financial reporting and internal control.
Led turnaround of operations from a $400,000 loss to a $1.2 million profit within one year.
Arthur Andersen & Co., New York, NY Jan 1985 – May 1993
Senior Audit Manager
Practiced primarily in Consumer Products / Financial Services industries. Clients were both multinational
public and privately held companies of various sizes.
Columbia University, Master of Business Administration, August 1999
Executive MBA Program, Dean’s List, Beta Gamma Sigma
Bernard M. Baruch College, Bachelor of Business Administration, January 1985
Major in Accounting; magna cum laude
Certified Public Accountant, New York State 1987