DENNIS C. POWERS, CPA4515 Greendale Court, McHenry, Illinois 60050 • 815-236-8910 • dpowers4515@yahoo.com

CAREER TARGET: EQUIPMENT LEASING AND FINANCING EXECUTIVEResults-driven professional with over 25 years of equipment leasing industry experience.

Core professional competencies and experience includes:

Sales and Relationship Management

Deal/Program Pricing and Structuring

Executive Presentations & Summaries

Credit/Risk Management Compliance Auditing

Residual and Remarketing Strategies

Collateral/Clean Risk Assessment

Inventory Tracking and Reporting

End of Lease Negotiations Budgeting, Forecasting &

Planning

PROFESSIONAL EXPERIENCE

BANC OF AMERICA LEASING & CAPITAL, LLC – VENDOR FINANCE, GENERAL INDUSTRIES GROUPSVP, Program/Relationship Manager (2005-2015)Managed assigned vendor relationships by promoting the bank’s equipment leasing and financing products and capabilities to help drive sales. The vendors included captives, distributors and leasing companies with transactions ranging from $150M to $20MM+.

Provided pricing and structuring support at the program and individual transaction levels to help vendors drive more sales and support their organizational financing objectives

Negotiated Program Agreements and Amendments, Master Lease provisions and Schedule specific terms and conditions

Coordinated the purchase and funding of leases and loans at prevailing market rates

Assist internal team with monthly reconciliations and performance metrics to maximize efficiency and profitability

Conducted frequent program reviews with vendors to match full capabilities with needs and assure program objectives and servicing standards expectations are met

Advised clients on market changes and potential impacts to their financial product offerings

Prepared detailed account strategies with volume and profitability forecasts for senior management business plans

Cross-sold other bank products that could benefit the vendors to build deeper relationships

BANC OF AMERICA LEASING & CAPITAL, LLC – VENDOR FINANCEVP, Manager of Equipment Management (1998-2005)Led a staff of four equipment management professionals responsible for all aspects of remarketing the assets in the multibillion dollar lease portfolio that included construction, agriculture, transportation, printing, furniture, telecom and technology equipment.

Developed and implemented standardized departmental policies and procedures

Negotiated vendor and broker remarketing agreements to maximize residual realization by encouraging higher stick rates

Worked closely with vendors, dealers and brokers to manage off-lease inventory turnover by balancing retail, wholesale and auction remarketing

Coached staff on proactive remarketing approach and enforcing vendor sharing arrangements

Used historical performance and secondary market data along with future product release schedules in establishing residual methodology

Created numerous Alas and Info Lease database query reports to track portfolio residual exposure by asset type, age, location and expiration date for senior management reports

Evaluated the portfolio for opportunities and weaknesses and worked with the Program Managers on ways to generate profitable volume and manage risk

DENNIS C. POWERS, CPA~Page 2~

HEALTHTECH, INC.Accounting Manager (1997-1998)Handled all day-to-day accounting and financial functions for a small start-up telemedicine device manufacturer. Ensured timely delivery and accuracy of financial reporting Processed all accounts payable and receivable activities and shareholder

registry

AT&T CAPITAL CORPORATIONVP Leasing Operations (1996-1997)Supported the integration of the StorageTek portfolio purchase into the AT&T Capital system and provided portfolio reporting for senior management. Participated in high-level operational initiatives, business integration and

reorganization Managed the productivity and budgetary performance of the leasing

operations department

STORAGETEK INC. (FORMERLY XL/DATACOMP INC.)VP Leasing Operations (1992-1996)Managed and directed daily operating and marketing activities of the leasing department in accordance with company policies and standards until the sale to AT&T Capital. Created and implemented technology refresh financing solutions for sales

and marketing Reviewed and negotiation lease transactions and agreements and oversaw

the completion of all necessary paperwork and ensured proper customer service

Monitored remarketing results and utilized the return on residual for future pricing

Complied historical portfolio statistics and aggregated expected cash flows and residual returns for the sale memorandum booklet

MERIDIAN TECHNOLOGY LEASINGSenior Accountant (1988-1992)

Was a valued member of a team that handled all accounting systems and financial reporting. Prepared journal entries and account reconciliations behind monthly

financial statements Trained and supervised staff accountants Monitored balance sheet and income statements for consistency and

accuracy Audited internal systems for data integrity and timely processing Provided ad-hoc reporting for senior management

EDUCATION & TRAINING

KELLER GRADUATE SCHOOL OF MANAGEMENTClasses toward MBA

ILLINOIS STATE UNIVERSITY Bachelor of Science, Accounting

BECKER CPA REVIEW Certified Public Accountant

SIMPLILEARN ONLINE TRAININGLean Six Sigma Green Belt Certification Course (In Process)