Beth Thibodeaux Email & Phone Number

Houston, TX, US

Houston, TX, US

• Establish and maintain solid vendor/supplier relationships for manufactured and commercial items.
• Evaluate and execute Non-Disclosure Agreements and contracts with potential vendors/suppliers.
• Collaborate with Sales, QA/QC, District Managers, and Executive team to ensure deliverables are available, met, and within project timeline and budget.
• Source, negotiate, and procure all raw materials and finished goods for best lead time and pricing for all projects across four product lines and five districts.
• Supervise the Pruchasing process from order point to invoice.
• Establish new policies and processes to ensure cohesive order flow and accountability/traceability.

Denver, Colorado, US

• Appointed to replace existing management and restructure business model to either create path to profitability or develop strategy to exit market.
• Immediately ended unprofitable client relationships that were creating negative bottom line.
• Within 4 months, settled legacy vendor/client related issues resulting in the receipt of $200K in unpursued income due.
• Cut overall expenses by 64% year over year in a six month period.
• Increased profitability by 49% in six months.
• Implemented a work culture based on core values of transparency, accountability, communication, and trust which was a much welcomed change in leadership style.

Houston, TX, US

• Led the Drilling Technologies segment consisting of 5 separate corporations, 250 employees and 30 field locations across the country.
• With market conditions at it's peak, revenues were over $117 million per year for this segment which was part of a $450 million parent company.
• In 2016, cut expenses, consolidated locations, lowered vendor costs and increased 3rd qtr revenue 12% over 1st qtr during a 13% rig count decline.
• Increased EBITDA over 90% from January 2016 to March 2017.
• Turned a $2.9 million loss to a $173,000 profit on the same top line revenue.
• With rig count numbers the lowest in industry history, took inventory impairments, got out of unfavorable leases and made further reductions in force. Resulted in savings of approximately $10 million in 2016.

Houston, TX, US

• Set strategies and collaborated with sales teams and operations managers in the Drilling Tools segment.
• Interfaced between corporate and field sales with operations in multiple locations.
• Developed and implemented a tiered performance/incentive program resulting in immediate cost reductions of 80%.
• Set goals, projections and managed KPI's of all corporate and field personnel in all locations.
• Served on team implementation of new ERP system and beta tested in the field.

Houston, TX, US

• Built and supported sales staff of 30 locations across all Drilling Tool business units in North America.
• Starting with prior position, achieved the following:
• Increased revenue from 57MM to 117MM over a 5 year period.
• Increased EBITDA from -28MM to +31MM in that same period.

Houston, TX, US

• Collaborated with executive leadership and contributed to building a drilling tool company from the ground up.
• Led sales efforts of locations in Texas and Louisiana and quickly assigned additional locations in Oklahoma.
• Supported development of multiple product lines that resulted in product portfolio diversification.
• Division and it's products became a major player in the rental, sales and service sector with revenues exceeding $117 million.

Houston, Texas, US

• Corporate Sales to Directional Companies, Independent Operators and Major E & P Companies in Louisiana and Texas.
• Field (rig) sales in Louisiana and Texas.
• Consistent Revenue growth
• Relocated to Houston full time from Lafayette in 2003 due to success in building Texas market share.
• NOV purchased Gammaloy Holdings for their inventory of predominately Non-Magnetic Drill Collars and Downhole tools.