JEFFREY M. SCHROEDER 669 Stanford Lane Buffalo Grove, Illinois 60089 7) 903-4909 js15de6d0@westpost.

net FINANCIAL EXECUTIVE Financial executive with broad-based experience in consumer products, manufactur ing and distribution companies. Certified Public Accountant with experience in s trategic planning, change management, international sourcing, financial planning and analysis, M&A activity, human resources and IT management. Leader in motiv ating team efforts, guiding the business in its strategic path and creating valu e to the owners. S1 AUDIO, LLC Chief Operating Officer/Chief Financial Officer 2007 - 2010 Drove this start-up manufacturer of innovative mobile headphones from concept to mass-market introduction of 4 lines of product: * Located $3 million angel investor that enabled the founder to start operations * Designed forecasting system that highlighted operational problems that we coul d act on * Developed and implemented all corporate systems, procedures and policies * Selected and managed 4 low-cost overseas vendors * Created a major product design change that enhanced the functionality of hallm ark product * Established most-effective logistics chain COMMUNITECH INC. Chief Financial Officer 2005 - 2007 An established communications equipment distributor with $25 million in revenues in need of reorganization: * As the company's CFO, regained control of cash management, restructured the op erations and accomplished better than best-case scenario results for owner * Uncovered employee fraud actions, assisted FBI investigation and gathered docu mentation that supported a $700,000 financial recovery * Realigned sales and operating practices to regain profitability * Turned the relationship with the bank from an adversary to a trusted partner a nd obtained an incremental $1 million loan to an insolvent company CFO CONSULTING Various Entities 2002-2005 & Present Provided financial leadership services to a variety of companies during critical transitional periods. Primary Energy Recycling Corp., an energy resources processor with $90 million i n revenues: * Restated financials and prepared SEC documents for its $285 million IPO BP p.l.c., a multi-national energy supplier and distributor: * Discovered and recovered $2.4 million cash due from outside service provider * Designed and implemented cost-cutting procedures for processing gift card tran sactions Investors Bank, a private commercial bank with over $100 million in assets: * As the company's CFO, reduced number of default business customers by more tha n 40% * Provided turnaround and efficiency consulting services to 12 troubled customer s * Established new customer admission criteria that rated the potential of new bu (84

siness * Developed Z-Score/Comerford system to monitor risk-factors of 40 existing busi ness customers WMS INDUSTRIES, INC. V-P, CFO and Treasurer 1999-2000 Emerging and rapidly growing $150 million NYSE comp any engaged in the design, manufacture, distribution, and servicing of gaming ma chines through sale and lease in all legal gaming jurisdictions. * Assisted the COO in developing and implementing the growth strategy; sales inc reased 40% and margins exceeded 30% * Increased margins by closing 2 unprofitable pinball business units with $200 m illion in assets * Financial lead on $100 million secondary stock offering roadshow, quarterly an alyst conference calls, and key liaison with investors and security analysts * Negotiated and implemented deals for the company's first successful internatio nal ventures into Australia, Eastern Europe and Spain; these operations increase d EPS in excess of 30% * Saved $600,000 annually by restructuring the manufacturing and office faciliti es * Created and strengthened the corporate support teams for this fast growing com pany FARLEY INDUSTRIES, INC. / FRUIT OF THE LOOM, INC. 1984-1998 Farley Industries was a management and holding company for investments held by W illiam Farley, including Fruit of the Loom, a $1.6 billion public company in the apparel industry, plus five other privately-held operating companies in the foo twear, rail and auto parts industries. Chief Financial Officer/Farley Industries 1996-1998 * Turned $150 million footwear company from imminent bankruptcy * Evaluated and negotiated the purchase of 3 multi-million dollar businesses * Maximized shareholder value of Acme Boot Company, resulting in the sale of thi s entity at a price exceeding all expectations * Reduced operating costs by $2 million annually in a shrinking market environme nt through right-sizing and inventory control * Relocated the distribution facility and saved $500,000 annually * Sold an underperforming retail division consisting of 90 store locations; grea tly reduced cash outflows and increased the value of the manufacturing business * Spearheaded the combination of two manufacturing facilities, saving $1.5 milli on annually Assistant Controller; Director of Accy.; Accy. Manager/Fruit of the Loom 1984-1996 Supervised staff responsible for consolidations of fifteen active holding compan ies, including Fruit of the Loom, plus departmental accounting for the corporate office. * Prepared annual, SEC, external and internal reports for Fruit of the Loom . * Team leader to transfer corporate accounting functions related to Fruit o f the Loom from the Chicago office headquarters to Bowling Green, Kentucky. * Selected and implemented a new LAN-based accounting software system, savi ng 50% of install costs. ILLINOIS TOOL WORKS Senior Cost and Budget Accountant 1983-1984

CF INDUSTRIES, INC. DELOITTE HASKINS & SELLS

Financial Reporting Analyst 1981-1983 Audit Staff 1979-1981

EDUCATION / AFFILIATIONS linois-Champaign & ILCPA ban ois ville Six Sigma Bachelor of Science-Accountancy 1979 Certified Public Accountant, Illinois 1979 Chairman, NWS Ducks Unlimited 2001 District Chairman, Ducks Unlimited 2009 Six Sigma Green Belt 2011 University of Il Member AICPA Northwest Subur Northern Illin Naper