Mr. Wellsfry’s notable recent experience includes the standup of the finance and accounting functions of a private equity backed oil and gas company after a $1 billion acquisition. He developed the company’s new policies, processes, general and administrative and cost tracking tools, bank account structure. Mr. Wellsfry implemented automation tools to make the business run efficiently and hired and trained personnel. Along with RFPs for external audit, valuation, and tax, these steps allowed the business to transition from their TSA ahead of schedule, saving ~$6 million.

Previously, Mr. Wellsfry served as the interim Treasurer of a Fortune 1000 public company, managing and optimizing a capital structure of $1.5 billion, improving cash forecasting tools and capabilities, and as part of his cash management strategy, reducing annual interest expense by $6 million annually. He also developed a long-range planning model that enabled the company to deliver five-year forecasted financial statements to banks and ratings agencies, allowing it to enter the public bond market to fund strategic acquisitions.

Mr. Wellsfry has worked with companies to design new treasury infrastructures to optimize idle cash and helped clients identify unnecessary outstanding cash collateral/LCs to free up additional liquidity. He has developed integrated 13-week cash flows and identified levers to help businesses effectively manage their overall spend.

Prior to joining Alvarez & Marsal, Mr. Wellsfry worked with Deloitte’s audit practice in Dallas.

Mr. Wellsfry earned a bachelor's degree in accounting and geology and a master’s degree in accounting from Southern Methodist University. He is a Certified Public Accountant in the State of Texas.