John Cannon

In my view, the primary focus of the treasury department should be the protection of the company’s assets from financial risks…not speculation on financial markets. Private Equity investments made on a leveraged basis can expose both the company and the investors to significant Interest Rate and/or Foreign Exchange risks. My aim is to mitigate those risks to the greatest extent possible based upon the information available.

I appreciate the day-in day-out risk that a corporation is exposed to, and understand that potential volatility in these enormously leveraged companies is so important that only one quality standard is required – "excellent advice, excellent execution."

Before joining PMC I was the Treasurer for the Singer Sewing Group which came out of Chapter 11 and which I guided financially for six years culminating in the sale of the sewing business to a fund managed by Kohlberg & Co.

Prior to Singer, I spent time in global banking - in Risk Management, M&A, Corporate Finance, Leveraged Lease Finance, and Credit and Restructuring for the likes of Deutsche Bank, Bankers Trust and JP Morgan.

The real success of an assignment for me is a satisfied client and to leave a programme of work firmly believing that the company received definitive value-added from the service PMC Treasury provided.