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Charles Colligan

Chief Financial & Administrative Officer at Coronis Health

Herndon, VA

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About

Seasoned executive utilizing unique expertise to consistently deliver exceptional results by creating inclusive strategies underpinned by economic and markets based paradigm to drive sustained growth. Expert at developing strong relationships while managing processes, systems, capital and inspiring people to facilitate project creation/expansion and for transformative acquisitions. Agility in persuasive negotiation fueled by comprehensive research, clear presentation of complex facts, subject matter expertise and pioneering solution orientation supporting primary and secondary stakeholder goals. Most recently served as Chief Financial Officer for Aledade, Inc. Led Series C capital raise in 2020 at height of pandemic with 70% valuation increase vs year earlier prior to my arrival. Company increased revenue 4X and became breakeven during my 2 year tenure. Implemented ASC 606 revenue recognition accounting and greatly expanded financial modeling. Finalist for 2020 Tech CFO of the Year for Greater Washington, D.C. region. Earlier, was Treasurer for CoStar Group, leading Treasury, Real Estate, and Procurement. In Treasury, I led the company’s $750 million debt facilities as well as $1 billion cash and investments portfolio. In Real Estate, I managed an annual budget of over $50 million, comprised of $38 million of lease and operating expense plus $14 million of capital expenditures. The portfolio included 68 offices totaling 950,000 square feet housing 3,800 employees throughout the U.S. and Canada. For Procurement & Travel, I oversaw annual corporate-wide spending of $36 million with savings of $7 million. Highly visible senior executive representing company to critical strategic partners. Managed relationships with bank group, investors, rating agencies, real estate providers, suppliers and major clients. Lead M&A activities. I believe that my Harvard education, Wall Street training, and distinguished career enable me to lead any organization. Specialties: Finance, Treasury, Capital Markets, M&A, Financial Modeling, Operational Systems and Processes, Real Estate, Procurement, Insurance, Government Relations and Incentives, Leadership and Talent Development, Change Management, Risk Management, Employee Benefits, Derivatives, Business Development, Foreign Exchange, Foreign Subsidiary Management, Lean Six Sigma

Work experience
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Oct 2020 - Present

Coronis Health

Chief Financial & Administrative Officer

Responsible for financial and operational performance of international RCM company.

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Oct 2018 - Oct 2020

Aledade, Inc.

Chief Financial Officer

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Apr 2011 - Jun 2018

CoStar Group

Treasurer

Created and defined Treasury function while leading 6 capital raises totaling $3B to finance transformative acquisitions. Negotiated and restructured bridge financings, debt facilities and equity offerings to reduce interest and fees by $90M. Managed development, operations and finance for 950,000 square feet of corporate facilities in 68 North American locations. Built Procurement & Travel group which covered $36M annual spend and generated $7M of annual savings. Guided national footprint expansion of 30 new sales offices plus operations headquarters totaling 280,000 square feet. Designed state and local government relations and programs which achieved $11M in economic incentives. Ran $200M corporate insurance program including D&O, E&O, cyber, liability, optimizing coverage and saving $3M. Member of investment committee for $250M employee retirement benefits programs serving as fiduciary and administrator. Modeled acquisitions to calculate valuation, risk metrics and drive execution of cost synergies. Made presentations and recommendations to CEO, CFO and Board. Collaborated with CFO, Controller, Heads of IR and FP&A to select and implement ERP, create earnings filings, scripts, presentations and guidance. Achieved company’s first credit rating. Created relationships with bank group, investors, equity analysts, rating agencies, real estate providers, insurance counterparties, suppliers, government officials and clients. Led staff of 24.

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Jan 2009 - Apr 2011

Sallie Mae

Senior Vice President

Led treasury front and back office functions including corporate debt programs with $30B outstanding in 10 currencies. Guided asset/liability management and derivatives programs that generated income of $800M. Managed treasury operations including cashflow forecasting, remittance, and $4B of investments. Developed relationships with bank group and investor base. Oversaw complex accounting and auditor relationships. Administered equity programs, securitization structuring and hedging, business development and ALCO. Led political activities and outreach to Congress. Directed staff of 14.

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Jan 2003 - Jan 2009

Sallie Mae

Vice President

Managed treasury functions, trading desk and corporate debt programs with $10B annual volume. Led derivatives programs with with $75B annual volume. Guided relationships with bank group. Structured several aspects of $25B private equity buyout transaction and subsequent restructuring due to financial crisis. Conducted investor relations and marketing. Supervised valuation of debt and derivatives. Oversaw investment of $3B liquidity portfolio and equity program. CFO of domestic and international subsidiaries. Supervised staff of 12.

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Jan 2000 - Jan 2003

Sallie Mae

Managing Director

Directed GSE financing activities of $30B long term debt and $20B derivatives executed annually. Initiated new corporate debt programs. Represented company to investors, banks and industry groups. Managed interest rate risk, cashflow forecasting, acquisition financing and Board reports. Led implementation of ERP to value financial instruments and produce segment reporting. Managed trading desk staff of 4.

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Jan 1997 - Jan 2000

Sallie Mae

Director, Corporate Finance

Analyzed, negotiated, executed and documented financing and related derivatives. Represented company at investor and bank conferences. Reviewed and negotiated debt and derivative master agreements. Created cashflow forecasts. Supervised interest rate risk management, including trading Eurodollar futures. Led selection of ERP. Hired, trained and managed trading desk staff of 2 analysts.

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Jan 1995 - Jan 1997

Sallie Mae

Manager, Corporate Finance

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Apr 1993 - Jan 1995

Sallie Mae

Sr. Analyst, Corporate Finance

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Jun 1990 - Apr 1993

Merrill Lynch

Analyst, Debt Capital Markets

Originated fixed income transactions as member of client coverage teams. Presented financing alternatives to prospective clients. Calculated indicative pricing of fixed income and derivative transactions. Communicated with investment bankers regarding developments in the fixed income markets. Coordinated pricing and marketing of underwritten fixed income transactions.

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