Darryl Halbert Email & Phone Number

Garland, TX, US

Commercial landscape irrigation products manufacturer and cloud-based smart irrigation services provider.Partner with the CEO to develop and implement cloud-based technology growth strategy focused on reducing water consumption and cost associated with managing landscape irrigation. Responsible for production, product engineering and development, service.

Arlington, Texas, US

• Private equity owned manufacturer of polyurethane spray foam insulation and coatings with manufacturing and distribution operations in U.S. and Canada.Led all financial activities of the company and partnered with CEO.
• Partnered with the CEO to develop the overall business strategy to return the business to sales and EBITDA growth targeting disciplined sales strategy execution, product quality improvements and operational excellence.
• Worked with the CEO to identify staffing skill sets required to support the strategy and execute a plan to add/replace 40% of the US headcount including 80% of Finance & Accounting
• Identified data required to manage the business and initiated activities to clean up poor data input processes and generate actionable management reporting tools.
• Directed the multi-year ERP upgrade project including the consolidation of 3 systems to 1.
• Reduced bad debt write-offs from 5% to 1% of receivables saving $800,000 and reduced days sales outstanding by 5 days resulting in a $2 million reduction in working capital.

• Publicly traded international manufacturer of mechanical and electronic locks, precision ball bearing drawer slides, computer ergonomic accessories, gauges, controls, and exhaust systems with manufacturing operations.
• Furniture components business unit operating income improved from breakeven to 15% through restructuring operations, disposing of non-performing location, refocusing sales on higher margin customers and acquiring a new.
• Diversified the company by acquiring businesses in the marine components industry.
• Closed sale of furniture components business to private equity firm in 2012 for $60 million, realized $30 million in profit, and completed the transaction by year-end achieving a $10 million tax benefit.
• Decreased inventory and receivables 10% and accounts receivables past due percentage from 18% to 6% through use of KPI’s. Resulting increase in cash flow accelerated debt reduction by $4 million.
• Consistently maintained credit availability through trustworthy relationships with banking group, which facilitated efficient periodic renewals and adjustments to financial covenants during challenging times.

Image2Web was a subsidiary of Micrografx that developed e-commerce software for the transformation and management of image related product information. The subsidiary was formed to spin the business off from Micrografx. Reported to the Micrografx Chief Executive Officer. Responsible for building the business and securing external funding. Co-created the.

US

Micrografx was an international publicly traded software developer and publisher with three operational businesses focusing on software solutions for business process management, technical graphics publishing and image & data management. Reported to the Chief Financial Officer. Responsible for the worldwide finance and accounting organization with offices.

London, GB

Served public and private clients primarily in technology and manufacturing industries. Provided audit and related services such as SEC reporting, initial public offerings and acquisition due diligence. Lead senior manager on the audit of Texas Instruments which included administration and coordination of the world wide audit procedures. Worked.