STEPHEN H.

CASTRO, CTP

25 Christopher Drive Phone : ( 856) 489- 4976 Marlton, N

J 08053 Fax : ( 856) 489 - 9448
______________________________________________________________________________
CAREER SUMMARY
My solid experience in all facets of Financial Accounting/Corporate Finance as a
CFO, Director of Finance and a Controller will enable me to be an asset to any
company. Majority of expertise is in Accounts Receivable, Accounts Payable, Payr
oll, Internal Control, Management Information Systems, monetary inventory contro
l, cash forecasting and budgeting, fixed asset management, substantive and compl
iance analysis, employee benefits, and telecommunications. Significant experien
ce in payroll, individual and corporate taxation and project negotiation and acq
uisitions.
EXPERIENCE AND ACCOMPLISHMENTS
Express Scripts Inc. March 2008 to Present
Director of Pharmacy and Contact Centers
Responsible for the corporate accounting functions of the mail order pharmacy an
d contact centers totaling $ 412 M in annual expenditures. Express Scripts is a
publicly traded fortune 100 company with annual revenues in excess of $ 25 B an
d income in excess of $ 826 M. Express Scripts is the second largest PBM (phar
macy benefit manager) and owns subsidiaries in the specialty drug and FSA, HRA a
nd HSA plans.
Significant Accomplishments:
* Act as a member on the finance team on the integration of the $ 4.5 B purchase
of Wellpoint PBM that assisted the corporate merger and acquisition and client
implementation teams on the prepurchase and post integration of approx 9 million
additional mail order scripts.
* Act as a member on the productivity council steering committee that assisted i
n generating and managed the productivity savings of $ 9.2 M in 2008 and obtaine
d $ 28.6 M in 2009.
* Act as a financial member on the capacity planning committee to complete and a
ssist the readiness for new facility building and labor pool development for bot
h short and long term growth scenarios.
* Redesigned the internal financial statements and forecasting models to allow V
ice Presidents and senior cost center operators to better drive productivity and
understanding of the forecasting and financial responsibilities.
* Developed and enacted a financial training modules to be used corporately to a
ssist non financial individuals to better understand how Express Scripts makes m
oney, the significants of productivity and cost reductions and what finance as
a team member does and how it drives EPS for the stockholders.
* Acted as the senior financial team member for union negotiations at three majo
r sites resulting in financially beneficial 3 year contracts that saved over $ 1
2.8 M annually.
* Act as the financial leader on procurement committee resulting in reduced cost
s on 4 major contracts of over $ 11 M annually.

21st Century Health & Benefits Inc. January 1999 to March 2008
Chief Financial Officer
Responsible for entire corporate accounting department and business development
function at 21st Century Health & Benefits Inc, a national full service third pa
rty health administrator for medium and large companies. 21st Century Health pr
ovides alternative health insurance for public and non-public companies througho
ut the country.
Significant Accomplishments:
* Introduced and acted as liaison in the procurement two new clients generating
over $ 1,250,000 in new annualized company revenues.
* Restructured and staffed new provider discount profit center that will gene
rate over $ 525,000 in new company revenues.
* Chaired management committee in the process and completion of SAS II Certif
ication that helped increase company operational efficiencies and enhanced marke
tability of 21st Century for new business procurement.
* Acted as committee head to negotiate and institute EDI for provider network
s that will generate over $ 250,000 in new company revenues.
* Audited and redesigned the telecommunication systems, land phone services an
d high speed internet services to increase customer and employee serviceability,
employee productivity and decreasing annual expenditures by 41 %.
* Arranged new corporate banking relationships to enhance profitability and mo
re effective money management software.
* Redesigned staff and staffing inefficiencies to decrease expenses by 8 % and i
ncrease productivity by 12 %.

Castro - resume
Page 2

Cashan & Company September 1996 to December 1998

Controller
Responsible for entire corporate accounting department and the Management Inform
ation Systems (MIS) function at Cashan & Company, a regional full service insura
nce company. Cashan & Company provides Personal Lines Insurance, Commercial Ins
urance, Financial Services and Risk Management.
Significant Accomplishments:
* Audited and redesigned the telecommunication systems, land phone services an
d cellular phone services to increase customer and employee serviceability, empl
oyee productivity and decreasing annual expenditures by 32 %.
* Collaborated in the revision of the Cashan & Company employee manual while c
hanging the manual into an online version via Acrobat software.
* Coordinated and managed the RFP and purchasing process of new Pentium computer
s, LAN network equipment and various third party software programs for all compa
ny departments.
* Constructed and directed new account receivable procedures that resulted in co
llection of over 22 % of delinquent accounts and decreased the accounts receivab
le balances by 31 %.
* Arranged corporate loans and credit line agreements with bank while locating t
he best long and short-term investments for idle funds.
* Introduced and acted as liaison in the procurement of over $ 500,000 in new in
surance premiums.
* Participated in the negotiation and acquisition of two smaller insurance compa
nies with total premiums in excess 1.8 M annually.

AAA South Jersey January 1988 to September 1996 Controller Responsible for en
tire corporate accounting department function at AAA South Jersey, the Southern
New Jersey region for the largest automobile roadside assistance membership club
in the world. AAA South Jersey also owns AAA Insurance Agency, AAA Travel Agen
cy and Auto Club Services Co.
Significant Accomplishments:
* Designing and instituting a detailed managerial budgeting process by company a
nd branch offices that increased revenues and decreased expenditures by placing
responsibility on the specific profit and cost centers.
* Instituted a Total Quality Management Program empowering all employees to take
accountability for the quality of service performed. This resulted in a signif
icant increase in morale as measured by employee surveys and a significant incre
ase in employee retention.
* Restructuring employee benefit package that resulted in reduced health welfare
insurance premiums of 38 %.
* Introduced and administered new products and programs that increased AAA insur
ance revenues by 14 %
* Developed the AAA Auto Buying program that generated additional auto insurance
revenues and program revenues in excess of $ 215,000 annually.
* Reduced advertising costs by over 50 % while increasing market penetration of
advertisements.
* Decreased overtime pay hours by 42 % by offering employees flex and comp-time,
and staff auditing while increasing employee output and productivity.
* Audited and redesigned the telecommunication systems and phone services to inc
rease both customer and employee serviceability and decreasing expenditures by 2
2 %.
* Participating in the RFP and purchasing process of new integrated customized s
oftware packages for all four companies.
* Participating in the corporate office expansion and new branch office cost ana
lysis, space planning and scheduling.

Castro - resume
Page 3

ENTERPRENUAL EXPERIENCE AND ACCOMPLISHMENTS

SHC & Company,
Principal
Partner responsible for consulting for large corporate and individual real estat
e and investment projects and financial consulting, marketing and business plan
preparation.
Significant Accomplishments:
* Consulted and educated companies, individuals and students a course on The Art
of Negotiation and The Education of Finance for the New Business.
* Brokered with Connectiv Electricity over $ 475,000 of gross revenues of new co
mmercial clients in the Philadelphia region in 4 months.
* Brokered over $ 2.5 million worth of financing in commercial and private finan
cing for individuals and companies in three states.
* Brokered and sold over $ 225,000 of Swiss watches via liquidators and to jewel
ry stores and individuals in seven states.
* Prepared and consulted for individuals, corporations and partnerships their ta
x positions and federal and state returns.
* Saved clients over $ 820,000 in costs by negotiating real estate location
and product contracts.
* Consulted for two regional marble and granite clients and secured over $ 3
.5 million in new
business revenues.
Prodigy Business Services.
Principal
Partner responsible for financing of large corporate and individual real estate
and investment projects and financial consulting, marketing and business plan pr
eparation.
Significant Accomplishments:
* Brokered over $ 5 million worth of financing in commercial and private financi
ng for individuals and companies in five states.
* Brokered over $ 775,000 worth of leasing in commercial and private financing f
or individuals and companies in five states.
* Increased revenues $ 3.25 million and reduced over $ 2.35 million in expenditu
res for companies in various markets.
* Saved clients over $ 375,000 in costs by negotiating real estate location
and product contracts.
* Negotiated and brokered over $ 2.2 million in rentals with the US Embassy
and Russian real estate owners for visiting US Embassy and UN Ambassadors tra
veling to Russia.

EDUCATION
MBA - Rutgers University, Camden NJ, 1991
Specialization - Corporate Finance and Investments
BS Business Administration - Bucknell University, Lewisburg PA, 1986
Specialization - Accounting and Finance

CERTIFICATIONS & ASSOCIATIONS

American Institute of Tax Studies Vancouver WA, 1992
Certified Tax Professional (CTP)
Member of National Society of Tax Professionals
Member of National Associations of MBA's
Member of Cherry Hill Chamber of Commerce
Member of Bucknell and Rutgers University Alumni Assocs.