PATRICK CARROLL
Merrick,NY
Summary
Highly successful and motivated professional who oversaw public company functions for the past 25 years and mentored and developed staff for individual career advancement.
Overview
36
36
years of professional experience
1
1
Certification
Work History
Chief Risk Officer
LXP Industrial Trust
03.2019 - 12.2022
- Established and oversaw application of operational risk policies, technology and tools and governance processes to create lasting solutions for minimizing losses.
- Assessed the credit worthiness of all tenants and joint venture partners
- Member of the Management Investment Comittee
Chief Financial Officer
LXP Industrial Trust
05.1998 - 03.2019
- Oversaw budgets, investor presentations and Board of Trustee financial liaison
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Initiated hedge agreements to mitigate interest rate risks.
- Raised in excess of $10 billion in both debt and equity securities
- Negotiated all lending agreements with banks
- Dealt directly with the Securities and Exchange Commission and the Internal Revenue Service as issues arose
- Authored, evaluated and reviewed reports to highlight company financials to key stakeholders.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions
- Oversaw a staff of 30 employees with very diverse backgrounds
- Performed due diligence for all mergers
- Responsible for all Sarbanes-Oxley compliance
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
Senior Manager
Coopers & Lybrand
09.1986 - 05.1998
- Oversaw numerous audit engagements, obtaining real estate industry expertise
- Conducted performance evaluations, compensations and hiring to maintain appropriate staffing requirements.
- Specialized in REIT initial public offerings, being the lead provider in delivering Firm services to the industry
- Instructor for various levels of staff training from entry level to Supervisor level
- Technical instruction for CPE level internal courses
Education
Master of Science - Taxation
Long Island University
Greenvale, NY05.1992
BBA - Accounting
Hofstra University
Hempstead, NY05.1986
Skills
- New York State CPA license 1988
Certification
CPA New York State 1988
Timeline
Chief Risk Officer
LXP Industrial Trust
03.2019 - 12.2022
Chief Financial Officer
LXP Industrial Trust
05.1998 - 03.2019
Senior Manager
Coopers & Lybrand
09.1986 - 05.1998
Master of Science - Taxation
Long Island University
BBA - Accounting
Hofstra University
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