GARDNER R.

OLESON, CPA Westborough, MA 01581

gardner.oleson@verizon.net (508) 887 6355

EXPERIENCE Pro-active results oriented Financial Executive offering a broad set of core financial strengths along with an entrepreneurial, customer focused orientation. A proven track record of financial management and growth in both large-cap and emerging environments. Experienced in: Financial Reporting & Analysis P&L Management Cash Flow Management Mergers & Acquisitions Business Planning & Budgeting Raising Capital (debt and equity) System Conversions Internal Controls

Frontier Communications, Inc, Stamford, CT Jul 2010 - Present Assistant Vice President - Accounting responsible for revenue and expense accounting for a $5B publically traded telecommunications company providing telephone, internet and video services in 27 states. The Company tripled in size with June 2010 acquisition of properties from Verizon. Managed the integration of accounting operations acquired from Verizon into Frontier's operations including organizational changes, process improvements and system conversions. Managed a staff of 76. Moved accounting operations in IN, NJ and TX to Stamford CT resulting in a $4M expense reduction. Reduced monthly close cycle from 6 days to 3 days. Managed the implementation of Trintech account reconciliation software. Accounting departmental expenses under budget 3 years in a row. Verizon Telecom Operations Finance, Basking Ridge, NJ Oct 2008 - Jun 2010 Director of Finance, Consolidations and Expense Reporting Responsible for consolidating and reporting the financial results of Telecom Area Operations composed of $4.4 billion in expense and 62K employees. Managed the creation of accounting operations to support telecom operations with $3.5B of revenue sold to Frontier Communications on June 30, 2010. Managed the recruitment and training of 57 staff located in IN, NJ and TX. Redesigned monthly variance reporting to direct management focus on the financial impact of major variance drivers. Implemented a standard methodology for calculating variances for all Market Areas. Directed the preparation of numerous reports for Senior Management including month end financial results, operational metric scorecards and analysis of actual results VS budget and forecast results. Verizon New England Market Region, Boston, MA 2006 2008 Director of Finance Responsible for coordinating and providing financial support for the New England Market Region composed of $2.3 billion in revenue, $352 million in expense and 5,300 employees.

Gardner R. Oleson, CPA

Served as interface to National Operations for all financial issues in New England. Partnered with the regional management team to develop initiatives and drive actions to achieve financial and operational goals. Provided local financial support for the spinoff of Maine, New Hampshire and Vermont operations to Fairpoint Communications. Verizon Local Interconnect Billing Dispute Management, Boston, MA 2003 - 2005 Director of Finance - Proactively lead efforts and worked with Legal, Contracts, and Billing to close $1.3 billion of disputes, $767 million as wins. Monitored contract amendments to assure changes were properly implemented. New disputes were reduced 57% on a year over year basis. Provided testimony and litigation support for Verizon in defense of its billing disputes. Verizon Technology Corporation (BBN), Cambridge, MA 1996 - 2003 Director of Finance - Managed a staff of 24. Responsible for managing the Accounting, Financial Planning & Analysis, Billing and Collection Departments for a $240 million unregulated subsidiary of Verizon Communications. Lead efforts for Company to be qualified for a federal electronic invoice submission and payment program that resulted in a reduction in DSO on eligible receivables from 70 days to 4 days, reduction of outstanding receivables by $17.5 million, and an interest savings of approximately $1 million. Successfully resolved a payable dispute with Genuity resulting in a $31 million credit. Planned and successfully managed the Companys conversion to SAP software. Recognized as the best trained and prepared business unit during a Corporate wide conversion. FOCUS Enhancements, Inc., Woburn, MA 1994 - 1996 Vice President of Finance for a public corporation that developed, manufactured, and marketed peripheral enhancements for personal computers. Responsible for all financial functions including SEC filings, financial reporting, cash management, credit and collection, taxes, budgeting and IT. MathSoft, Inc., Cambridge, MA Corporate Controller - Lead IPO efforts of a software company listed on NASDAQ. 1992 - 1994

Gigatek Memory Systems, La Costa, CA 1990 - 1991 Controller for a high-technology, start-up company manufacturing data storage cartridges. Rule Industries Inc., Gloucester, MA 1987 - 1989 Controller for a $55 million public corporation manufacturing marine equipment and cutting tools. Public Accounting, Boston, MA 1981 - 1987 Employed by Deloitte & Touche and PricewaterhouseCoopers. Manager in both the Emerging Business Services and High Technology Industry Groups.

EDUCATION Master of Science - Taxation, Bentley University - 1983 Bachelor of Business Administration - Accounting, Hofstra University - 1978