Josue Lopez

Head of Finance for the Supply Chain Division of Avon Latin America, a business of about US$ 4 billion/year. Responsible for the financial activities and initiatives to support the supply chain objectives Led several restructuring initiatives to reduce the cost structure, including the shut down of a factory in Mexico, shutdown of a factory in Guatemala, open a new Distribution Center in Brazil and another in Colombia, and co led the creation of the Finance Shared Service Center for the region.

I held positions with Hilti in 5 countries. As a Finance Director for Hilti Brazil, I was in charge of the departments of Human Resources, IT, Credit & Collections and Accounting. Direct involvement in business decisions and strong interaction with Sales and Marketing departments. Drove management towards achievement of profit targets as set out in the budget and strategic plan. Provided sound financial advice and interpretation of results to fellow Directors

Led the Finance Department as well as the IT Department. * I worked together with the rest of the management team developing and enhancing the operating strategy. * Responsible for corporate reporting, asset management, governmental requirements, taxation, budgeting, and tracking business performance against objectives. Crucial role in developing tight internal controls. * Participated in downsizing the company by 40%, due to the country’s difficult economic situation in 2001.

Regional position working with Latin American organizations where Hilti had business (8 countries - Mexico, Colombia, Brazil, Venezuela, Chile, Argentina mainly) * Responsible for coordination of reporting activities throughout the region, for ensuring accurate financial information, and for setting up regional reporting standards and policies. * Developed forecasting and profitability models. * Coordinated treasury activities for the region, such as currency hedging and t lines

In charge of Logistics, Finance, Taxes, C&C and IT. * Managed investments, supply chain optimization and exports to Latam of the manufacturing operations, one of the eight worldwide manufacturing plants. Improved operating margins and plant performance. * Conversion of financial statements to US GAAP, and local inflation adjustment (DPC-10). * Leader of the certification of ISO 9001, reviewing and redefining all internal processes of the company.

A Fortune 500 global oilfield and information services company, with sales of US$ 13 billion and about 78,000 employees working in more than 100 countries Chief Accountant of the Latin America Division * Consolidation of the financial information for the Latam business. * Responsible for corporate reporting and for the budgeting process. Developed Regional standard policies Tax Accountant for the Latin America and for the Venezuelan Operation * Tax planning, set controls to fulfill legal requirements.