David M.

Gagne MBA, CMA

20 Redcoat Lane
Plainville, MA, 02762
davegagne@comcast.net
Home: 508-695-5705 Cell: 508-455-7529

Executive Summary:
Senior level MBA/CMA financial executive with extensive hands-on experience in management, leadership,
information technology, team building and business operations deployed in North, South and Central America,
Europe and Asia in Controller and Project Management positions. Established record of success integrating
financial business operations of spin-off’s and acquisitions, improving financial processes and overall entity
profitability. Solid background in financial and accounting processes dealing with both public and private
companies.
Knowledge & Expertise:
- Manufacturing Controller - Oracle and SAP ERP’s
- SOX 404, FIN 46, FIFO & LIFO - Financial Reporting, GAAP, SEC
- Process improvement - Company-wide Software Implementation
- International Tax and Transfer Pricing - International Financial Reporting Standards
- International Entity Integration Specialist - Foreign Exchange Management
- Merger, Acquisition and Divestitures - Business Restructuring Specialist
- Global Team Builder - Government Contract Accounting
- MS Office Suite, MS Projects, Share Point, Gelco - Hyperion Reporting Tool
- Supplier Consigned Inventory Accounting - Revenue Recognition
_______________________________________________________________________________________
Professional Experience:
2006-Present
Operations Controller – Sensata Technologies (formerly Texas Instruments), Attleboro, MA
Reporting to the Corporate Controller, responsible for financial and accounting processes to establish and
integrate Sensata, a $1.5 billion business, as a standalone company after divestiture from Texas Instruments to
Bain Capital and integration of Sensata’s subsequent acquisitions.

- Forged team of internal and external professionals to develop and implement inter-company transfer
pricing processes in Asia, Europe and America’s after spin-off from TI resulting in $14 million annual
income tax savings
- Modified and deployed corporate entity structures to significantly lower tax liabilities utilizing the
Maquiladora/IMEX program in Mexico without large IT investment or process changes leading to
$5 million annual savings
- Integrated complex financial and accounting reporting, processes and systems of companies acquired by
Sensata. Example: Consolidated Airpax Inc’s six ERP/systems in China, Japan, Mexico and U.S. to one
Oracle/Hyperion ERP resulting in $150 million additional revenue integrated with targeted profit
contributions achieved one year after acquisition by dedicated focused team in four countries facilitating
future profitable growth by the business team
- Migrated financial processes and systems in Europe, Asia and America’s from SAP to Oracle ERP and
Hyperion reporting after spin-off from Texas Instruments saving $4 million in annual transitional
services cost
2003-2005
Finance Manager – Sensor & Controls Financial Reporting Team, Texas Instruments, Attleboro, MA
Developed and deployed global management accounting and reporting processes that produced operational
Manufacturing and Business Center (selling) unit cost and P&L reporting. This reporting facilitated
implementation of the Make vs Sell Global Business Unit model for this $1 billion business which led to
significant profit improvements resulting in business value increase to $3 billion when sold to Bain Capital.

- Created and institutionalized standard operational accounting policies in all twelve global sites ensuring
consistency of operational reporting
- Implemented use of a separate operational adjustment ledger that when combined with the legal ledgers
automatically reported operational results
 (David M. Gagne) (Page 2)

- Significantly reduced the number of reporting data bases (similar to Hyperion) to two, P&L and expense
reporting, ensuring integrity of reporting which led to acceptance and use by operational management
- Developed and delivered training to cross functional teams in all twelve global sites facilitating rapid
adoption of new operational accounting policies

Controller - Texas Instruments, Aguascalientes, Mexico 2001-2002

Responsible for complete business entity financial and accounting functions including: accounts payable,
accounts receivable, credit & collection, payroll, general ledger, treasury services, government reporting, tax,
IMEX, planning/forecasting/budgeting and inventory control for $250 million manufacturing site.

- Restored financial controls and reporting integrity after conversion from legacy to Oracle ERP which
focused management on critical manufacturing improvements to lower costs and increase market share
- Reorganized finance team to focus on major reporting and control weaknesses which led to elimination
of manufacturing performance variances to plan
- Implemented in-transit inventory reporting and controls to identify and resolve significant issues
proactively
- Created and deployed financial yield reporting to improve manufacturing processes and lower costs

Finance Manager - Materials Business Divestiture Team, Texas Instruments, Attleboro, MA 2000-2000
Responsible for creation of offering book, road shows and data room, evaluation of offers, due diligence
support, definitive agreement and transition activities after deal. Material Business sold for 5.8x EBITDA
which was significantly above market average.
1988-2000
Finance Manager-Materials & Controls, Industrial Products Business, Texas Instruments, Attleboro, MA
Led finance team for strategic and operational business decisions for $225 million business. Directed finance
team operations, planning/forecasting/budgeting, capital investment evaluations, general and cost accounting
and financial inventory control. Managed six branch heads and their teams to achieve business objectives.

- Planned and facilitated team to dramatically reduce monthly financial close process time from 12 to 3
work days
- Led major financial investment, acquisition, joint venture and divestiture evaluations in Solar PV,
European expansion and Materials Vision
- Executed major restructuring of Materials Business combining three business units into one which
resulted in $3 million annual savings
- Sold and consigned back major portions of precious and base metal inventory resulting in
$1 million annual savings and $30 million free cash
- Developed and executed strategies to implement activity driven cost accounting in all product costing
and asset / liabilities utilization resulting in 3 percentage point increase in overall profitability
- Participated on operations teams to implement safety improvement programs to drive a $1 million
annual savings in workmen’s compensation cost
- Replaced twenty year old legacy systems with Oracle Financial Systems which significantly improved
productivity and reporting

OTHER TEXAS INSTRUMENTS POSITIONS HELD: Corporate Entity Controller – Texas

Instruments Canada; Division Accounting Manager - Controls Products Business; Finance Manager –
Motor Controls Business; Financial Analyst; Inventory Analyst
___________________________________________________________________________

Education and Certification:

Certified Management Accountant - Institute of Management Accounting

Master of Business Administration, Finance - University of Rhode Island, Providence, R.I.
Bachelor of Science, Accounting - Bryant College, Smithfield R.I.