Tim Schneider

Created detailed business case models and assumptions for five applicants to the BTOP and BIP programs. These programs provide funding to expand rural telecommunications infrastructure under the American Recovery and Reinvestment Act. Currently, three of the five applicants moved forward to the due diligence phase of funding.

Tracked and reported income and expenses of the sailing vessel Lady Washington. Managed on board retail store. Taught maritime history and sail handling classes as part of the sailing vessel's primary mission of educating grade level students. Assisted in all other vessel activities including sail handling, dockside tours and daily chores.

Co-led year long review of monetization alternatives for owned wireless towers which included deeply involved interaction with numerous groups within company and financial advisors, detailed business case development, financial modeling and three presentations to board of directors. Co-led efforts to sell 1,000 owned decommissioned cellular towers. Analyzed acquisition/disposition activities for transactions valued at over $400 million including valuation models and presentations to senior management.

Prepared quarterly earnings presentation material including analysis of Cingular's quarterly financial performance and support material for CFO. Analyzed and prepared summaries of peers' quarterly financial performance that effectively communicated the company's strategy and financial goals. Developed relationships with equity/debt analysts to ensure their understanding of company's strategy and financial performance.

Transitioned liability management activities to parent companies (SBC Communications and BellSouth) including the termination of existing short term financing arrangements, negotiated new short term financing with parent companies and transitioned rating agency relationships, saving $2.5 million annually. Created merger integration project plans for Treasury and acted as liaison between Treasury and Cingular's Merger Integration team for the AT&T Wireless merger.

Along with Assistant Treasurer, executed inaugural $2 billion fixed income issuance including preparing due diligence, rating agency presentations and registration document. Renewed commercial paper back up loans annually, which included a presentation to bankers and loan agreement negotiation to ensure access to short term financing. Executed $250 million in interest rate swaps.

Executed $580 million in disposition financing that was fully repaid ensuring company received full value for these assets. Executed $750 million FX spot trade to convert subsidiary sales proceeds to US dollars. Managed structured finance activity including $300 million of Japanese leveraged leases, synthetic leases and other off balance sheet financing. Managed SBC share repurchase program, equity-related derivatives, foreign exchange transactions, guaranty obligations and non-strategic investments of SBC.

Managed debt obligations and created cash flow projections and return on capital calculations for Keystone and its divisions, allowing company to more accurately evaluate financial performance and financing requirements. Along with Assistant Treasurer, negotiated new credit facility and global cash management system as these activities were centralized.

Managed $200 million portfolio of existing and prospective clients of the Bank as relationship manager. As credit analyst, assisted relationship managers with customer credit analysis including historical and projected cash flow, industry and transaction structure analysis for presentation to credit committee.

Managed customer base of distressed loans and assisted group manager with the management of his portfolio. As credit analyst, supported loan officers with customer credit analysis.

History Minor