Bob Conologue Email and Phone Number
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Bob Conologue creates shareholder value and profitability through implementing operational improvement plans, strategic change initiatives, financial controls and systems to improve performance, reduce costs and deliver innovation as a strategic advantage.ACCELERATES GROWTH AND PROFITABILITY AS A RESULTS-ORIENTED CFOBob combines his disciplined experience as a CFO with his innovative thinking to position companies for profitable growth. His financial and operational prowess – combined with his people skills – attract, motivate and manage exceptional talent to exceed goals. Whether leading a global company, or taking an entrepreneurial firm to the next level, Bob creates the finance and operational frameworks to sustain growth. Prior to Twinlab, Bob upgraded the finance function at I.C. Isaacs that continually improved the company’s profitability.UNLOCKS BRAND VALUE AS TRUSTED BUSINESS PARTNER OF THE CEOBob creates profitable growth and value for companies in diverse industries from health and wellness, to the world’s leading apparel brands. As the CEO’s trusted business partner, he unlocks the untapped revenue potential of brands – driving initiatives to improve profitability.APPLIES DIVERSE EXPERIENCE TO QUICKLY ASSESS GROWTH OPPORTUNITIESBob quickly adapts to a new company and culture given his broad industry experience. He then applies his critical thinking on how best to leverage the company’s core competencies and competitive advantages. He looks forward to helping companies innovate and increase profitability.SPECIALTIESStrategic Management + Alignment | Acquisitions + Divestitures | International Business Development | Turnarounds + Restructurings | Shareholder, Analyst + Board Relations | Banking + Vendor Relationships | Asset Based Lending Negotiations | Public Debt + Equity Financing | Cash Flow + Inventory Management | World Class Finance Functions | IT Strategy + Systems Implementation | Financial Policies, Controls + Compliance
Trans-Lux Corporation
View- Website:
- trans-lux.com
- Employees:
- 24
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CfoTrans-Lux Corporation May 2014 - PresentNew York, New YorkSenior financial and administrative executive for this rapidly growing restructured company focused on the LED and display technologies segments.
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Senior Partner | Cfo | P&LCrt Consulting Jan 2012 - PresentDelivers a spectrum of strategic business expertise tailored to address the needs of startups and companies at a critical growth stage or turnaround phase. CRT Consulting clients benefit by engaging only those specific services laser-focused on meeting key business objectives, while helping to manage costs.Areas of CRT strategic business expertise include:• Strategic Management and Alignment • Operations Strategies• Acquisitions and Divestitures • Turnarounds and Restructurings• Business Plan Development• Bank NegotiationsCRT Consulting. Nimble. Experienced. Focused on results.
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CfoUtrecht Art Supplies May 2012 - Nov 2013Cranbury, New JerseyExecutive with financial, IT and administrative responsibilities for this rapidly expanding multichannel retailer of fine art supplies. Utrecht is a private equity portfolio company that has expanded to 40+ retail stores. • Recruited to improve financial function and prepare company for sale. • Improved quality and timeliness of all financial reporting, analysis and forecasting.• Had primary responsibility for the due diligence data room. • Worked closely with the CEO to prepare information and make presentations to prospective buyers.• Primarily responsible for providing requested information to prospective buyers.• Financial and operational improvements led to successful sale to a strategic buyer. -
Evp | Cfo | OperationsTwinlab Corporation 2005 - Dec 2011New York, NySecond in command and Chief Financial Officer for privately held $100 million global manufacturer and marketer of branded vitamins and supplements. Responsible for finance/accounting, IT, administration and supply chain. – Designed and executed a turnaround plan that increased EBITDA to $10 million from breakeven in the first year. – Implemented customer profitability reporting within the sales organization, which increased sales and margins.– Implemented streamlined and improved product offering, utilizing more attractive sourcing alternatives that resulted in higher sales and gross margins and improved inventory turns. – Built a high performance, low cost, finance department which improved financial reporting, accountability and controls.– Rationalized and consolidated facilities saving over $3 million annually, while shortening manufacturing lead times. – Continually reduced SG&A expenses, initial year savings were over $6 million or 10% while still increasing revenues. – Successfully negotiated and completed senior debt facilities which increased availability and lowered interest costs.
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Cfo | Coo | Board Of DirectorsI.C. Isaacs & Company, Inc. 2003 - 2004New York, NyHeld dual Executive responsibilities for rapidly growing $100 million designer and marketer of the Marithe & Francois Girbaud brand of casual denim and sportswear. Direct responsibilities included finance, operations and administration. – Led successful turnaround that resulted in the company being profitable for the first time in four years. Revenues up strongly, stock price increased by over ten-fold and the company was positioned for continued profitable growth. – Developed and implemented optimum business model, focusing on improved product offering, timely deliveries to retailers and improved sourcing alternatives, resulting in increased revenues and higher margins. – Initially restructured existing bank debt that was in default and then negotiated a new borrowing facility with a high-grade commercial bank, increasing availability and reducing interest and bank costs. – Significantly reduced bank debt through improved working capital management and operating results.– Reduced SG&A expenses in initial year of turnaround by over $5 million or 20% while still increasing revenues.
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Evp | Cfo | Restructuring | TurnaroundsInteriors, Inc. 2000 - 2002Mount Vernon, NyChief Financial Officer and acting Chief Operating Officer for rapidly expanded $250 million manufacturer, marketer and retailer of home decorative accessories. Direct reports included finance, investor relations, IT and administrative functions. – Stabilized operations and implemented financial restructuring program to reduce acquisition debt. Eleven companies sold in twelve months.– Implemented strategic operating initiatives to improve service and lower costs by outsourcing manufacturing and distribution and consolidating operations and administrative/support functions.– Designed streamlined Finance organization that implemented standardized financial planning, reporting and policies. – Established a consolidated asset based borrowing facility for all subsidiaries which increased availability and reduced interest costs.
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Coo | Svp Finance | AcquisitionsThe Warnaco Group, Inc. (Calvin Klein Sportswear Division) 1997 - 2000New York, NyExecutive with operating and financial responsibilities for expanding $2.1 billion global apparel company with operations in all major markets. Direct reports included Presidents for $1.2 billion CK Divisions and Finance and IT functions.– Significantly increased revenue and bottom line through five acquisitions ranging from $20 million to $500 million.– Designed and implemented strategic operating initiatives, such as centralized distribution, drop shipping to major customers, consolidating suppliers, etc., resulting in $35 million annual savings.– Implemented global IT structure, standards and systems resulting in $10 million annual savings and improved service.– Enhanced cash flow by $30 million, through improving inventory turns, reducing DSO’s and utilizing letters of credit.– Reduced effective tax rate by 3% to 35.3% by pursuing advantageous International and state income tax strategies.
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Vp Finance | OperationsSouthern New England Telecommunications 1995 - 1997New Haven, CtMember of Senior Management Team of $2.1 billion rapidly changing communications, information and entertainment services company. Directed staff of 200. Responsibilities included CFO for operating units, financial planning and analysis, controllership, accounting operations, tax, financial systems and corporate security.– Realigned SNET Finance organization as a “business partner” to operating management and to support the Company’s new strategy. Reducing costs by $3-5 million annually.– Realigned SNET’s credit and collection function. Benefits $12-15 million annually.– Initiated a common financial systems strategy for all of SNET. Benefits $10-12 million annually.– Reduced tax rate 4% to 35% by aggressively pursuing advantageous tax initiatives.
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Group Vp Finance | Vp Corporate ControllerAvon Products, Inc 1989 - 1995New York, NySenior Finance Executive / CFO for U.S. division of $4.3 billion global marketer and retailer of consumer products with operations in major world markets. Directed global staff of 350 supporting both corporate and operating management. Responsibilities included U.S. finance, administrative services, IT for International finance and all controllership functions.– Designed /implemented a “Model Finance Organization” to reengineer global finance function. Benefits $15 million.– Implemented Global Common Financial Systems to provide all financial information. Benefits $3 million annually.– Reduced bad debt expense by $15 million, or 1% of net sales by reengineering credit and collection function.– Implemented a Global program that enhanced cash flow $30 million annually by reducing working capital needs. -
Vp Corporate Controller | OperationsEmery Air Freight Corporation 1982 - 1989Wilton, CtProgressive promotions (in both Corporate and Operations) to the Chief Accounting Officer of a rapidly growing $1.3 billion transportation company. Directed 500 employees, including IT, with a $28 million operating budget.– Integrated accounting functions for $350 million acquisition, which resulted in a $5 million / 40% cost reduction.– Implemented performance reporting for new geographic business unit management structure.– Developed and staffed a Controller’s Department for a fixed cost capital-intensive transportation company.
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Senior Audit Manager | Process ImprovementsArthur Andersen Llp 1970 - 1982New York, NyProgressive promotions to the management of audits for large, publicly held multinational companies in diverse industries. Special consulting assignments related to acquisitions, financing and improving productivity of IT and Finance.
Bob Conologue Skills
Bob Conologue Education Details
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Wilkes University, Bs Accounting And FinanceAccounting And Finance -
Columbia University (Executive Mba Courses)
Frequently Asked Questions about Bob Conologue
What company does Bob Conologue work for?
Bob Conologue works for Trans-Lux Corporation
What is Bob Conologue's role at the current company?
Bob Conologue's current role is Private Equity Executive | CFO | COO | Creates shareholder value with global finance, operations, innovation strategies..
What is Bob Conologue's email address?
Bob Conologue's email address is rj****@****hoo.com
What is Bob Conologue's direct phone number?
Bob Conologue's direct phone number is +121275*****
What schools did Bob Conologue attend?
Bob Conologue attended Wilkes University, Bs Accounting And Finance, Columbia University (Executive Mba Courses).
What skills is Bob Conologue known for?
Bob Conologue has skills like Corporate Turnarounds, Strategic It Management, Leading Transformational Change, Innovation Management, Operational Streamlining, Supply Chain Optimization, Experienced Change Agent, Finance Function Transformation, Change Leadership, International Business Development, High Performance Teams, Business Transformation.
Who are Bob Conologue's colleagues?
Bob Conologue's colleagues are David Pavlik, Nokuthula Hadebe Gugu, Robin Tang, Jane Bauer, Phillip Reyes, Tholakele Tuku, Shawn Lukenbill.
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