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STEVEN J. PIWNICA 142 Jasmine Creek Drive Corona del Mar, CA 92625 (949) 721-1052 e-mail: steveniwgi?~yalloo.cont SENIOR FINANCIAL EXECUTIVE - PROFILE A goal-oriented executive with 25+ years experience who combines a big picture perspective with detailed process knowledge and strong interpersonal skills to develop strategies, promote concepts and resolve complex problems. A proven leader and analytical manager with a track record of contributing strong profit improvement through systems development, organizational restructuring, and a value-oriented focus in manufacturing and distribution. • Strategic Planning & Consulting • Corporate Finance & Accounting • Mergers & Acquisitions • Management Information Systems • Private Equity - Leveraged Buyouts • Contract Negotiations • Supply Chain Management • Energy Management PROFESSIONAL EXPERIENCE i i ChicfF/nnnc/nL Officer 8c C/eieflnforrnrcfion 0 ff7cer 1999 to present Royalty Carpet Mills, Hrc. Privately-held carpet and yarn manufacturer with annual revenues exceeding $100 million. Responsibilities include all financial and accounting functions, the development and management of all information systems, oversight of warehousing operations, shipping, factory planning & scheduling, inventory planning and control, energy management, factory regulatory compliance and various administrative functions. Also responsible for contract negotiations, risk management, property management and all real estate transactions. • During 2006, worked with a major investment banking firm and equity buyers to arrange a buy- out offer at very favorable EBITDA multiples. Royalty's owners chose not to accept the offer. • "Rescued" the company from a near collapse of information systems through quick, decisive action in switching software vendors and devising a viable strategy for new system implementation. • Installed factory cogeneration systems to achieve more reliable and cheaper energy sourcing. • Developed fill standard costing, comprehensive data mining & factory analysis. • Revamped demand forecasting systems, policies and procedures with sophisticated new cut table and order fill logic, resulting in reduced inventory losses and enhanced sale of aged and distressed goods. • Consolidated, integrated and streamlined all information systems, administrative and warehousing operations after the acquisition of another carpet mill. • Directed the litigation strategy in a major lawsuit and won a large award for damages. • Instituted a new and sophisticated freight invoicing system that achieved major repeat savings in (eight costs. Exhibit 1 13A-3