He has extensive management experience in the areas of merger / integrations, divestitures, carve-outs, revenue improvement, cost containment and finance management.
Most recently, Mr. Schmeiser assisted in preparing a large thrift bank for sale, and developing and implementing strategies for transition of all assets to new buyers. He was responsible for mapping fixed assets to the three core business units; residential servicing, consumer bank (charter) and commercial servicing. He was responsible for modeling various sales scenarios, and worked closely with the board of directors, lawyers and investment bankers to develop a strategy around bid-process review and acceptance.
Currently, Mr. Schmeiser is leading the wind down of the banks operations including managing large litigation, incoming claims review, cash management and settlement discussions with government agencies.
Mr. Schmeiser led a cost reduction project of internal and external spend in the SG&A departments (IT, risk management, audit, HR, finance / accounting, quality control and reporting) for a regional bank. He identified roughly $35 million of savings through redesigned processes and organizational charts, headcount reduction, supplier strategic sourcing and restructuring day-to-day operations. Mr. Schmeiser has extensive experience working with private equity (PE) funds and portfolio companies. His projects have included: leading the design, implementation, training and rollout of an investor relations package; mapping investors, funds and reporting (including call reports and K-1); managing the change and rollout to all investors (retail and institutional) within 22 funds; and managing the carve-out of a real estate private equity fund, with $3 billion under management.
He worked closely with the PE partners to design all future process and standalone operations, including setting up Day 1 and Day N finance / accounting, IT and investor relations operations.
Before A&M, Mr. Schmeiser was a manager at a mid-size consulting company, where he focused on financial reporting, budget and planning and process and strategy improvements for Fortune 25 companies. Previously, he was a senior consultant at a Big Four consulting firm, assisting clients with financial management, Sarbanes-Oxley compliance and implementing business agility.
Mr. Schmeiser earned a bachelor's degree in business management, with a focus in accounting and finance, from Gettysburg College. He also studied at Charles University in Prague, Czech Republic. He holds a board position of a non-profit organization based in New York City.