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Ann McNally, Principal

Ann McNally's experience includes 15 years in executive leadership for financial and accounting operations for First USA and First Card, both units of Bank One and its predecessors. While at this major credit card issuer, Ms. McNally created a number of automated financial planning and forecasting systems. In developing a strong and effective relationship with operations management, she enabled her peers and their subordinates to become financially savvy. While a member of the credit card senior management team, she:

• Integrated the rollout of the expanded remittance processing operation, including the establishment of an additional processing center, focusing on financial and regulatory requirements and the establishment of the operation budget of $50 Million.
• Established the financial planning process to manage the $80 Million expense budget for credit application processing, card issuance, statement billing, payment processing, customer service and collections in two different locations.
• Led the analysis for conversion of operations to an outsourcing vendor as part of the merger between First Card and First USA.

Ms. McNally has also worked in the consumer foods industry, technical services, and at capital goods manufacturing companies. Throughout her career, she has become very knowledgeable in consumer marketing, manufacturing operations, and fulfillment of business services, not only from a technical perspective, but more broadly from a strategic perspective as well, having been with these firms when they was at their market and technical peak. Some of her achievements include:

• Corporate reporting to General Foods Board of Directors and shareholders prior to being acquired by Philip Morris on cash flow, acquisitions, divestitures, capital budgeting and international operations.
• Established a systematic financing strategy which lead to the creation of new financing sources for CDI Corporation
• Designed and developed compilers and utilities for Eastman Kodak, Xerox and Unisys.

Ann helps her clients, who are usually small and medium-sized businesses, to shape their financial strategy and guide them as they put in place the systems that will realize their goals. She seeks most of all for her clients to have a strong sense of ownership of the solutions that she helps them deliver. She achieves this by having her clients play an active role in developing their own answers that they fully believe in, understand and implement successfully the results.