Bill Sandstrom

Bill Sandstrom Email and Phone Number

Executive focused on Value Creation and Growth with broad Finance, Accounting & Operations experience. @ State Industrial Products
Bill Sandstrom's Location
Chagrin Falls, Ohio, United States, United States
Bill Sandstrom's Contact Details

Bill Sandstrom personal email

About Bill Sandstrom

Senior finance and operations leader with a steady progression of responsibilities across multiple functions and industries. A proven change agent effective at leveraging value propositions to improve performance and profitability. Solutions-oriented leader offering multi-site, international experience in manufacturing, consumer products, and transportation operations. Excellent manager and communicator who can translate operational and financial targets into results.SKILLS SUMMARY• Executive Leadership• Strategic Planning• Financial Planning & Analysis• Acquisition Due Diligence & Integration• Sales Planning and Commercial Development• Multi-Site P&L Responsibility• Contract Negotiations – Sales & Procurement• Internal/External Communications • Capital Market Transactions • International Business• Management P/(L) Reporting• Budgeting/Forecasting• Product Profitability Analysis• Benchmarking – Finance and Operations• Financial Risk Management• Capital Investment Planning• Innovation & Product Development• Insurance Claim Negotiations• Cost Accounting• Investor Relations• Treasury• Accounting• Internal Audit• Information Technology

Bill Sandstrom's Current Company Details
State Industrial Products

State Industrial Products

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Executive focused on Value Creation and Growth with broad Finance, Accounting & Operations experience.
Bill Sandstrom Work Experience Details
  • State Industrial Products
    Vp Of Finance
    State Industrial Products Feb 2021 - Present
    Mayfield Hts, Oh, Us
  • Bodycote
    Vice President Of Finance & Operations, Agi Na
    Bodycote Jul 2010 - Jul 2020
    Macclesfield, Cheshire, Gb
    Highlights:1) Mergers & Acquisitions - Created valuation models and commercial due diligence analysis for five acquisitions; successfully integrated fifteen facilities, ahead of sales and profit targets2) Plant Expansion - Built business cases, financial models, and launch oversite for seven new plants3) Capital Projects - Completed business cases for over 40 capital expansion projects; responsible for project management oversight, RFQ development, bid review, and contract negotiations4) Cost Accounting - Developed standard cost accounting model; improved profit by identifying price gaps and cost savings opportunities for direct labor, utilities and consumables 5) Process Improvement - Streamlined budget and forecast processes for thirty-five P&L sites across five countries; improved budget and forecasting accuracy while creating time efficiencies6) Financial Policies & Procedures - Simplified accounting processes for plants and regional functions; included order to cash, procure to pay, assets, credit & collections, and month end close7) ERP Implementation - Oversight for regional installation of Microsoft Dynamics AX ERP system across twenty-five plants in the U.S.; included process standardization 8) Commercial Management - Revised price and margin targets for quoting, process was integrated into SalesForce.com; quoted for automotive OEM, Tier 1, 2 & 3 and major industrial customers9) Marketing & Sales - Targeted new sales and negotiated contracts for automotive and industrial customers; generated sales uplift of 5-10% through price strategies, new programs and share gains10) Operations Efficiencies - utilized backlog report to revise production schedules for daily operations; flexed workforce, revised shifts, idled capacity to mitigate impact of sales decline 11) Quality Standards - Implemented plant quality control system to track: cost of poor quality, turnaround time, on time in full and longest lead metrics; resulted in lower quality expenses
  • Firstgroup America
    Vice President Of Finance
    Firstgroup America Sep 2009 - May 2010
    Highlights:1) Revamped C-Level monthly management reporting package, providing greater financial transparency on key performance indicators by corporate, division and region.2) Boltbus business expansion – developed business case for launch of Boltbus services into new markets in the Northeast, Midwest and Pacific Northwest ($40M in revenue).3) Analyzed effectiveness of diesel fuel hedging program and identified excessive leverage; company revised hedging program and reduced target hedge coverage to 50% of exposure.
  • Chiquita
    Director Of Finance - Chiquita Fresh North America
    Chiquita Mar 2004 - Sep 2009
    Étoy, Vaud, Ch
    Highlights:1) Analyzed salad product portfolio to identify low margin SKUs; worked with sales and manufacturing to rationalize products, generating $10M of operating cost savings.2) Developed customer profitability templates to support banana contract negotiations; company achieved average annual price increases of 3% ($30M cumulative EBIT increase).3) Quantified supply chain cost increases due to rising fuel prices to develop a fuel surcharge program; surcharge generated $15M+ in EBIT contribution per year.4) Performed post-acquisition integration analysis for Verdelli salad business; developed action plan to improve EBIT by $5M/year via SKU reduction and logistics synergies.5) Created integrated marketing and production models to facilitate new product innovation.
  • Chiquita
    Director Of Treasury Analysis
    Chiquita Dec 2002 - Mar 2004
    Étoy, Vaud, Ch
    Highlights:1) Developed capital structure strategies and prepared economic and financial covenant analysis for capital market transactions, syndicated bank financings and lease agreements.2) Created analyses and road show presentations for investment and commercial banks to support two bond offerings ($250m/$125M), $200M credit facility, $125M preferred stock offering, and $60M of lease financing.3) Created customized hedge programs to manage exposure to: currencies ($800M/year), interest rates ($1B/year) and commodities ($60M/year).
  • Chiquita
    Director Of Investor Relations & Corporate Planning
    Chiquita Dec 1999 - Dec 2002
    Étoy, Vaud, Ch
    Highlights:1) Developed investor communication plan during Chapter 11 bankruptcy proceedings.2) Prepared financial and operational analysis to support pre-packaged bankruptcy filing.3) Created and presented company financial presentations at high yield bond conferences, one on one investor meeting and quarterly investor updates.
  • Chiquita
    Senior Manager Of Treasury Analysis & Corporate Hedging
    Chiquita May 1995 - Dec 1999
    Étoy, Vaud, Ch

Bill Sandstrom Skills

Financial Analysis Project Management Investor Relations Forecasting Mergers And Acquisitions Strategic Planning Cross Functional Team Leadership Process Improvement Budgets Financial Reporting Management Analysis Finance Leadership

Bill Sandstrom Education Details

  • Cpa - State Of Ohio (Active)
    Cpa - State Of Ohio (Active)
    Cpa
  • University Of Cincinnati
    University Of Cincinnati
    Finance
  • University Of Cincinnati
    University Of Cincinnati

Frequently Asked Questions about Bill Sandstrom

What company does Bill Sandstrom work for?

Bill Sandstrom works for State Industrial Products

What is Bill Sandstrom's role at the current company?

Bill Sandstrom's current role is Executive focused on Value Creation and Growth with broad Finance, Accounting & Operations experience..

What is Bill Sandstrom's email address?

Bill Sandstrom's email address is wt****@****ail.com

What schools did Bill Sandstrom attend?

Bill Sandstrom attended Cpa - State Of Ohio (Active), University Of Cincinnati, University Of Cincinnati.

What skills is Bill Sandstrom known for?

Bill Sandstrom has skills like Financial Analysis, Project Management, Investor Relations, Forecasting, Mergers And Acquisitions, Strategic Planning, Cross Functional Team Leadership, Process Improvement, Budgets, Financial Reporting, Management, Analysis.

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