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Robert E. Parmenter
Chief Financial
Officer
Joined International Players Tour in
August, 2008
Bob
is a graduate of Stonehill College with a BA and of
Boston College with an MBA with a concentration in
Finance and Capital Markets. After graduation from
business school he began his business career with
British Petroleum (BP) working in the finance department
first in Insurance and Risk Management and later in
Capital Markets. While at BP Bob was involved in pricing
the largest ever tender offer for privately placed bonds
and the first ever issuances of Foreign Interest Payment
Securities, oil backed bonds and gold backed bonds.
Bob
left BP to work for Eaton Corporation. In his twenty
years at Eaton he was initially responsible for managing
pension fund investments. Later he assumed
responsibility for financial planning, cash management,
accounts receivable management. Bob was elected
Assistant Treasurer and ultimately Vice President and
Treasurer. As Treasurer, Bob had responsibility for all
of the areas mentioned above as well as all capital
markets activities, insurance and risk management, real
estate and foreign exchange management. Bob retired
from Eaton in December 2006.
During his career Bob raised over $10 billion of capital
to finance acquisition and expansion, managed a
portfolio of complex derivative securities, and
established the first ever regional treasury center in
mainland China for a multinational corporation. |