MICHAEL P.

BUTTO
1228 READING BLVD., WYOMISSING, PA 19610
H: 610-743-5720 C: 610-823-8814
mbdef1c2@westpost.net
EXECUTIVE LEVEL DEVELOPMENT PROFESSIONAL

PROFESSIONAL PROFILE
In the course of many companies with whom I have enjoyed working, some aspects o
f my accomplishments have been:
Project development, execution and management within diverse industries both pr
ivate and corporate.
Increased shareholder value, improved market positioning and revenue generation
.
Initiated and led projects from concept through all stages of development inclu
ding funding, project management, and oversight to successful completion. Reten
tion/manage and negotiated sales.
Enjoyed and stressed building close team relationships with all contributors an
d participants which facilitates an easy environment where all work together, in
a positive manner, to achieve the common goals of the company.
Enjoyed the process of working within highly political environments in a manner
that successfully keeps projects on track and on budget, and working to achieve
consensus of all parties in doing so.
REAL ESTATE DEVELOPMENT
ASSET MANAGEMENT CORPORATE LEADERSHIP
OPERATIONS MANAGEMENT CONCEPT DEVELOPMENT
FINANCIAL MANAGEMENT
CAREER HIGHLIGHTS AND ACHIEVEMENTS
AMERICAN DME LLC
EXECUTIVE VICE PRESIDENT OF FINANCE & OPERATIONS
HOME & DURABLE MEDICAL EQUIPMENT SALES, SERVICE, LEASING
ACCESSIBLE HANDICAP VAN DEALERSHIP
DEALER TERRITORY LICENSE SALES
HME/DME & AUTOMOTIVE INDUSTRY E-COMMERCE PORTAL SYSTEM SUBSCRIPTION LEASING

FORTUNE DEVELOPMENT, LP, READING, PA

CFO & COO
COMMERCIAL AND RESIDENTIAL LAND SUBDIVISION/DEVELOPMENT
COMMERCIAL AND RESIDENTIAL PROPERTY ACQUISITION AND MANAGEMENT

F&P HOLDING COMPANY, INC. , READING, PA

EXECUTIVE VICE PRESIDENT & CFO
INTERNATIONAL HEADQUARTERS, 96 BLANDON ROAD, BLANDON PA
FOOD DIVISIONS DIGIORGIO MUSHROOM CO., GIORGIO FOODS, INC., GIORGI MUSHROOM CO
.
ONTELAUNEE FARMS, INC.
CONTAINER DIVISIONS CAN PACK HOLDINGS, S.A. (EUROPE), CAN CORPORATION OF AMERIC
A
BERKS CAN CO., CCA OF INDIANA
REAL ESTATE DIVISION ASCOLI REALTY CO., MAIDENCREEK PLAZA CO. LLC
ARTHUR ANDERSEN, LLP, PHILADELPHIA, PA
Senior Manager Contract Finance / Process Solutions Division
2009 PRESENT

2004 PRESENT

1999 2004

1996 1999
Philadelphia and Lancaster, PA Offices

DEVELOPMENT
Developed land acquisitions, concepts, designs and township approvals for a suc
cessful 55+ residential living community valued at $50,000,000 in retail product
, 219 townhomes with full community amenities Fortune Development, LP.
Developed Land acquisitions, concepts, designs and township approvals for a suc
cessful single residential subdivision, 221 single family homes F&P Holding Com
pany.
Developed land acquisition, concept, designs and township approval for a succes
sful 60 acre Power Center Retail Center F&P Holding Company.
Acquired packaged bank branches for sale / leaseback transaction. Improved bank
s cash position F&P Holding Company & Fortune Development.
Developed successful relationships with national tenants and retail entities th
at generated the ROI based upon companys investment policy F&P Holding Company
& Arthur Andersen Clients.
Drove business development initiatives that grew company holdings of $25,000,00
0 to $100,000,000 through business acquisitions F&P Holding Company.
Initiated and maintained strategic planning. Directed 3 U.S. Divisional Preside
nts and the chairman of a $1.8 Billion Holding Company in successful sales and o
perations initiatives F&P Holding Company.
Developed cost model and task tracking system for client proposal costing and i
nternal resource management for Arthur Andersens Philadelphia Enterprise Center.
Led client proposal presentations.
Created and implemented a concept that reduced leaseholders overhead and result
ed in acquiring a preferred developer status and facilitated continued company g
rowth.

CONCEPT PROCESS MANAGEMENT

Initiated, developed, and guided diverse professional individuals and groups in
 the process of development and business best practice continuous processes, str
essing team participation.
Develop strong relationships with township supervisors, borough council members
and related political entities that streamline the development process and avoi
d project pitfalls.
Worked with the Commonwealth of PA, Governors Action Team, Ben Franklin Technol
ogy Fund, and PA Economic and Community Development for business and community g
rant monies. Walked process through all the departments and offices required to
ensure monies were granted.
Created Real Estate division and built its value to $125 Million in only 4 year
s F&P Holding Company.
Reviewed purchase agreements and due diligence documentation for proposed compa
ny and real estate acquisitions. Developed the Companies Due Diligence Package
to follow the Board of Directors Investment criteria F&P Holding Company.
Managed the outsourcing engagement for a vacation home developer and structured
joint venture agreement with a US based subsidiary of a European parent Arthur
Andersen client.
Strategically utilized KAIZAN (Japans Total Quality Management, Six Sigma) tech
niques to facilitate continued business expansion and financial growth. Respons
ible for the management of the entire organizations KAIZAN (Continuous Improveme
nt) Groups F&P Holding Company.

FINANCIAL
Applied for and was granted over $600,000 in county and state grant monies for
site work and recreation improvements through the Governors Action Team Fortune
Development.
Awarded approx. $3,000,000 - $4,000,000 in grants and tax credits for projects.
Related to the manufacturing process involved in an Agricultural Company F&P H
olding Company.
Real Estate acquisition and financing transaction sizes ranged from $1,000,000
to $50,000,000 per property F&P Holding Company, Fortune Development, and Arthu
r Andersen.
Generated multi-million dollar profit for past 2 years Fortune Development.
Managed entire financial structure of the company. Duties included continuous
balance sheet analysis, restructuring of credit facilities, investment of excess
cash F&P Holding Company, Fortune Development, American DME LLC, Arthur Anders
en clients.
Improved shareholder value by $52,000,000 in a 5-year period F&P Holding Compa
ny.
Obtained $500,000 in PA grant monies and $1,800,000 in tax credits through the
Governors Action Team, Berks County Community and Economic Development Fund The
project was a state of the art compost manufacturing facility for Giorgi Mushro
om Company.
Managed the investment management of the companys profit sharing and 401K plan.
Initiated, facilitated and negotiated with finally Merrill Lynch to incorporat
e a 401k plan for 1,200 employees - F&P Holding Company.
During tenure with company, paid-off $30,000,000 in long-term debt. Resulted i
n cash surplus for the first time in companys 75-year history. Worked with the
Board of Directors and Divisional Presidents to create the Holding Companies Inv
estment Criteria for business acquisitions. Searched, networked with Investment
Bankers and the Merger & Acquisition Community to find appropriate businesses t
o evaluate F&P Holding Company.
Negotiated lowest interest rate in the industry. Companys Credit Facility was
LIBOR plus 40 basis points. Worked with five major Banks to restructure the cre
dit facility for the Holding Company F&P Holding Company.
As Acting Senior Manager for a multinational specialty chemicals start up acqui
sition managed venture and credit financing arrangement Arthur Andersen client.
As Acting Chief Financial Officer for a retail service provider with 33 locatio
ns in the U.S. operating in a crisis environment because of large recurring loss
es managed an accounting staff of 22 Arthur Andersen client.
Acting Chief Financial Officer for Lehigh Valleys largest Orthopedic Surgery Or
ganization Arthur Andersen Client.
Attended board of directors meetings, explained reconciliation of internal fina
ncial statements to external GAAP statements and feasibility and status of turna
round plans Arthur Andersen clients.
Managed and provided company and real estate due diligence for acquisitions ove
r the past 15 years F&P Holding Company, Fortune Development, Arthur Andersen c
lients.
Developed relationships and high integrity business network (Attorneys, CPAs, I
nvestment Bankers, and Commercial Bankers) to provide operating company and real
estate acquisition opportunities (Deal Flow) Throughout career.

ADDITIONAL EMPLOYMENT HISTORY

CHARLES SAKMANN GOLF, INC., READING, PA
START UP GREEN GRASS ONLY GOLF APPAREL MANUFACTURER

HERBEIN & COMPANY, INC., READING, PA

CERTIFIED PUBLIC ACCOUNTING FIRM. OFFICES IN PITTSBURGH AND READING, PA
SUPER X CORPORATION, PHOENIX, AZ
PHARMACY RETAIL CHAIN, 42 STORES IN ARIZONA, FLORIDA AND GEORGIA Contro
ller / CFO

Supervisor

Assistant Controller

EDUCATIONAL BACKGROUND
ST. JOSEPHS UNIVERSITY, PHILADELPHIA, PA
MBA
PENNSYLVANIA STATE UNIVERSITY, STATE COLLEGE, PA
B.S. Accounting and Finance, CPA

Civic Development
Reading Central Catholic Youth Football
Co-Founded CYO football back into Berks County. Organized all Elementary feeder
schools to Reading Central Catholic High School
Coached youth football for 8 years
Holy Name High School Lacrosse
Co-founded high school lacrosse club which school endorsed within two years to m
ake it a girls and boys varsity sport
Holy Name Youth Lacrosse Club
Co-founded middle school lacrosse club
Organized all Berks County elementary catholic feeder schools for both Reading C
entral Catholic and Holy Name High Schools for the children to be able to partic
ipate.
Coach youth lacrosse for the past 5 years.
Birdsboro Optimist Club
Co-founded Optimist Club and resided as President of Club while living in Birdsb
oro, PA
Penn State Rugby Union Club
1982 - 1986
Reading Rugby Football Club
1988 1997