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Summary
This manufacturing interim CEO or interim operations or interim COO is an experienced top-level P&L Executive with strengths in manufacturing, strategic business planning and execution, manufacturing process cost reductions, organizational transformation/team building and leadership, and manufacturing businesses turnarounds. He has experience with mentoring in-place executives and successors during periods of transition. He is also experienced in managing operations for industrial/commercial products including improvements to productivity and customer delivery performance. Steve understands how to manage suppliers effectively with demonstrated history of improving relationships from a value and cost perspective. Finally, he is proficient in growing sales of existing products and development of new profitable products and markets, and is a catalyst for creating and growing customer relationships with a proven record of success.
Highlights
• 20+ years FULL P&L experience
• Organization Restructuring, Mentoring, Succession Management
• Led Manufacturing Cost Reductions of 20-50%
• Led 3 Successful Business Turnarounds
• Team Building and Leadership Proficiency
• Conceived and Implemented Strategic Plans
• Increased Sales Via New Products and Markets
• Increased Organic Sales 2-4X a Base Level
• Closed and Integrated Unprofitable Facility, Upgraded Unprofitable Plant, Orchestrated move to larger 400 sq. ft. plant site
Relevant Accomplishments
- Led and completed organizational restructuring resulting in sales gain from $180M to $250M, Net Income gain of 30%; Debottlenecking initiatives & Operating Cost Reductions of $2M+/year.
- Led reengineering and turnaround in one year., including top-down reorganization of manufacturing Operations and significant cost savings.
- Completed quick turnaround. while controlling costs and increasing sales from $9M to $14M and EBITDA increase to $4.9M (35%)
- Turned around company. in 6 months and delivered $1M/year in cost reductions via 50% reduction of rework, increasing on-time deliveries from 67 to 98%, reducing customer returns to 0.8% from 30%, and introducing Lean and Cellular Manufacturing methods.
- Mentored successor while leading and completing build and sell strategy in 3 years, with sales increase from $16M to $28M; EBITDA increase from $800K to $4M.
- Reduced operating expenses by 20%. and negotiated favorable terms with suppliers.
- Raised $2M expansion capital as CEO and mentored managers.
- Completed two-year Strategic Management Program at Harvard Business School with emphasis on business and organizational transformation.
Roles
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- President and CEO
- President
- Chief Operating Office
- Business Vice-President
Education/Certifications
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- BA, Liberal Arts Chemistry + Biology, University of Notre Dame
- MBA, Xavier University (Cincinnati)
- Strategic Management Program, Harvard Business School
Executive Courses:
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- Owens-Corning Fiberglas – General Management School
- Professional Selling Skills – Xerox Corporation
- Marketing Management Program – University of Virginia Darden Business School/li>
Request Expert / Similar Expert
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To apply for this job email your details to dmagnani@maexecsearch.com