Interim CEO – OEM Manufacturing

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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

    • President and CEO
    • President
    • Chief Operating Office
    • Business Vice-President

Education/Certifications

    • BA, Liberal Arts Chemistry + Biology, University of Notre Dame
    • MBA, Xavier University (Cincinnati)
    • Strategic Management Program, Harvard Business School

Executive Courses:

    • Owens-Corning Fiberglas – General Management School
    • Professional Selling Skills – Xerox Corporation
    • Marketing Management Program – University of Virginia Darden Business School/li>

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To apply for this job email your details to dmagnani@maexecsearch.com