RESUME & ASSIGNMENTS
Steve Glenn is the Managing Partner of CFO Logistics, LLC, a business and real estate consulting firm. He has owned several Tulsa Companies, including Performance Management Mortgage, Green Country Title, Performance Real Estate, an Oklahoma Real Estate Brokerage, and SRL Investment Group, a property acquisition company, Nations Best Roofing and Construction and Home Improvements Limited, a residential home improvements company.
Steve’s consulting career began with Arthur Andersen and Company for 6 years in Andersen’s Tulsa Office, (aka Andersen Consulting and eventually Accenture), and a 1 year stay with KPMG Peat Marwick in Kansas City where he was a managing consultant supervising a group of consulting professionals in banking and treasury consulting endeavors.
His consulting experience includes evaluating and developing construction data and information systems management, business system and operations improvement, cost accounting and profitability analysis, accounting and data system analysis and development.
He has designed and developed interactive functional cost accounting tools for manufacturing and banking clients. and he is comfortable evaluating and utilizing a variety of general ledger and financial reporting systems.
Some of Mr. Glenn’s past clients have included Bank of Oklahoma, Liberty National Bank, Mbank in Dallas, First City bank in Houston, Security Bank, Citizens Bank, Western National Bank, Southwest Tube Manufacturing, Gateway Mortgage Group, First Security Home Mortgage, Vinson Supply and Manufacturing, Tulsa Teachers Credit Union, the National Credit Union Association (NCUA), Western Auto Supply, and numerous others.
Steve has been a Senior Vice President with Western National Bank, and a Vice President with the Bank of Oklahoma. He earned a Bachelor of Arts in Organizational and Interpersonal Communications from Oral Roberts University in 1977. He earned an MBA from ORU in 1979 with supplemental course work from University of Tulsa in Finance and Economics.
ASSIGNMENTS RECENT & CURRENT
Paradigm Construction—Tulsa
Paradigm hired CFO to solve a client conflict believing that their client could benefit from a capital strategy to fund the construction Paradigm had been hired to complete. Ultimately Paradigm and their customer became involved in litigation. CFO found legal support for Paradigm and provided Litigation Support to the firm to provide defense for the customer generated lawsuit. Financial Statement stratification and modeling with cost accounting application was used to provide data to support litigation defense.
Liberty Builders—San Antonio
Capital Acquisition Efforts through SBA and Angel loans to provide working capital. CFO was appointed Liberty’s acting CFO and later was appointed Liberty’s CEO during a restructuring of the company. Primary Accomplishments:
Repair of failed customer relationships and mismanagement of customer project deposits.
Development of payment systems to prevent vendor lien filings;
Development of Cash Controls to predict and manage cash flows;
Top Flight Hunting Preserve—Houston—Current Engagement
CFO was hired to determine the value of the hunting preserve in anticipation of the pursuit of funding for CFO’s client to purchase the Top Flight. We prepared a multi-year valuation utilizing Discounted Cash Flow Analysis featuring growth in perpetuity and EBITDA multiple approach to establish value. Valuation was the basis for approving a $5 Million dollar development loan request through the USDA. Angel Investor presentations, including multi-year performance projections and a presentation slideshow with embedded financial projections were prepared.
Fatool Construction—Kansas City
SBA loan acquisition client. Developed an SBA approved CASH FLOW proforma from tax returns and other financial information to support a $3 Million Dollar Loan Request.
BeHome, LLC—Kansas City—Current Engagement
CFO Logistics is acting CFO for BeHome, LLC. CFO was hired initially to help BeHome find capital to buy and develop a $30 million-dollar residential real estate development in Kansas City. CFO has been retained to strengthen financial controls and reporting, and to identify investors for participation in the development project.