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Published on: 7/22/2009
Last Visited: 7/25/2009
Steven Wevodau Financial Expert
Steven Wevodau possesses extensive expertise in the property and casualty and life and health insurance industries as well as the financial services market.
His diverse background includes broad expertise in areas such as finance, operations, marketing, human resources, and legal.
He also has extensive experience in mergers and acquisitions and the integration of acquired companies.
As the former Senior Vice President of PSA Financial Center, Steven led a corporate refinancing initiative that resulted in securing a $9.5 million senior credit facility.
In addition, Wevodau formulated and led PSA's acquisition of RSM McGladrey's Employee Benefit Division.
During his brief tenure, PSA's revenues increased from $16 million to over $25 million on a run rate basis.
He also led PSA's human resources, business center operations, web-technology, and marketing initiatives.
Previously, Steven Wevodau served as managing partner of WFG Capital Advisors, an insurance industry leading investment banking firm where he led the introduction of WFG into the insurance and financial services market and spearheaded business development, client and transactional services.
Under his direction, WFG consistently lead the insurance and financial services industries as one of the top firms in announced transactions for 2004-2006.
Prior to that, Steven Wevodau served as Senior Vice President, Corporate Finance of the Insurance and Education Services group of The BISYS Group (formerly NYSE: BSG).
During his tenure, he was a key participant in the acquisition, operation and integration activities of a $250 million Insurance and Education Services group.
His primary duties included acquisition development, negotiation and transaction leadership of more than 200 target companies.
He also served as corporate legal and financial due diligence leader and was responsible for all post-acquisition integration planning.
He also had charge of operational oversight in addition to strategic development of the operating group.
Steven Wevodau has cultivated the ability to work vertically and horizontally in the insurance market.
During his career, he has overseen complex reinsurance programs, managed operations at the carrier level, and has been a key executive of a national insurance distribution leader.
Steven Wevodau has authored numerous articles for industry publications.
His expert insight into the insurance brokerage market is sought after by the trade media, and his analysis of industry trends and developments has appeared in numerous national and worldwide publications.
Wevodau was the former author of M & A Insights published by The National Underwriter Company.
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