Darven D. Erickson

Darven D. Erickson Email and Phone Number

GLOBAL CEO / COO / PE/VC PARTNER CONSUMER GOODS / RETAIL Transformational Change Catalyst & Data-Focused Earnings Driver @ North Star Dining USA Inc.
Darven D. Erickson's Location
Draper, Utah, United States, United States
About Darven D. Erickson

Strategic visionary leader with 20+ years of combined experience in high-growth industries, including banking, retail and consumer goods. Leader of global enterprises with a consistent record of exponential revenue and profitability growth. I believe in the power of leadership in creating highly effective teams and delivering uncommon results.

Darven D. Erickson's Current Company Details
North Star Dining USA Inc.

North Star Dining Usa Inc.

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GLOBAL CEO / COO / PE/VC PARTNER CONSUMER GOODS / RETAIL Transformational Change Catalyst & Data-Focused Earnings Driver
Darven D. Erickson Work Experience Details
  • North Star Dining Usa Inc.
    Chief Executive Officer
    North Star Dining Usa Inc. Jul 2024 - Present
  • Cypress Five Star, Inc.
    Chief Executive Officer
    Cypress Five Star, Inc. Sep 2015 - Feb 2023
    ✪ ABOUT CYPRESS FIVE STAR, INC.≈$140M Revenue / 2K EmployeesCFS is the largest independent franchisee of Five Guys and Blaze Pizza restaurants, with 90 stores in the US and Canada.✪ EXECUTIVE OVERSIGHT≈$140M Revenue / ≈$18M EBITDA | 8 Direct ReportsElevated to a highly visible executive leadership position with a charter to lead and scale operations to support anticipated exponential growth. Instilled viable infrastructure, processes, capabilities, and a culture of continuous improvement. 🔹 KEY ACHIEVEMENTS ✓ Catapulted revenues from $2M to ≈$140M and raised EBITDA yearly from $2.5M to ≈$18M.✓ Expanded footprint from 3 to 90 stores opening new locations in Oregon and Canada.✓ Lifted operating margins 20% by developing a technology platform infused with CFS metrics and operating philosophies.✓ Achieved industry-leading employee retention metrics at all levels.✓ Additional Leadership Involvement: President of the Five Guys Franchise Advisory Council (2 yrs.) | Member of the Five Guys Franchise Advisory Council (9 yrs.) | Panelist at the Canadian Restaurant Investment Summit (3 yrs.) | Speaker at the ICSC Law Summit – Toronto
  • Cypress Five Star, Inc.
    Chief Operating Officer
    Cypress Five Star, Inc. Aug 2010 - Sep 2015
    ✪ EXECUTIVE OVERSIGHT≈$70M Revenue / ≈$2.5M EBITDA | 15 Direct / 30 Indirect ReportsRecruited based on extensive experience with international business and strong team-building and leadership skills. Chartered to build a viable company from the ground up. 🔹 KEY ACHIEVEMENTS ✓ Propelled revenue from $1M to ≈$70M and EBITDA from $2M loss to ≈$2.5M profit.✓ Expanded the number of stores from 3 to 45 in 5 years. ✓ Grew customer transaction count 4 times greater than industry average.✓ Boosted customer service ratings, leading to higher per-unit sales. ✓ Built a world-class leadership team, developed growth-oriented and dynamic culture, and embedded an operational structure that fostered learning and teamwork.✓ Implemented proprietary tools to measure performance resulting in industry-leading performance.
  • Maggie Sottero Designs
    Executive Vice President
    Maggie Sottero Designs Jan 2008 - Aug 2010
    Salt Lake City, Ut, Us
    ✪ ABOUT MAGGIE SOTTERO DESIGNS150 Employees / 7 Factories / 35 Independent Distributors / GlobalAmong the most recognized and sought-after bridal gown designers and manufacturers worldwide, with design studios in Sydney, Australia, and Salt Lake City, Utah.✪ EXECUTIVE OVERSIGHT15 Direct Reports / 25 Global TeamDirected global sales and marketing and all finance and accounting functions. Set wholesale prices for product distributors worldwide. Worked closely with the design team and factory partners to establish product delivery timelines and required inventory levels. Catered to high-volume customers to improve product placement and sales.🔹 KEY ACHIEVEMENTS ✓ Delivered 2 consecutive years of record sales and better product placement with customers. ✓ Increased EBITDA, exceeding all historic growth records. ✓ Revised buying and inventory policies to maximize sales while minimizing obsolete inventory risk.
  • Magnet Bank
    Executive Vice President Regional Manager
    Magnet Bank Jul 2005 - Jan 2008
    ✪ ABOUT MAGNET BANKA US-based start-up financial institution, now defunct.✪ EXECUTIVE OVERSIGHT$300M Assets | 7 Direct Reports / Western US TerritoryRecruited to grow the start-up bank’s assets by creating and developing regional offices. Built and managed high-performance teams and oversaw regional offices in the Western US. 🔹 KEY ACHIEVEMENTS ✓ Grew assets from $0 to $300M in 3 years.✓ Opened 2 regional offices and a national-equipment lending group.
  • Wells Fargo
    Vice President
    Wells Fargo Jan 1999 - Jul 2005
    San Francisco, California, Us
    VICE PRESIDENT, RELATIONSHIP MANAGER$1B Portfolio Upper Middle-Market - 1 Direct Report Hired to grow the commercial portfolio by generating pretax/pre-provision revenue. Managed portfolio of large and mid-sized companies with a total value of $1B.Grew portfolio and profit each year by over 20% annually.* Awarded as a top 5% performer in the region for 2 consecutive years.

Darven D. Erickson Education Details

  • Utah State University - Jon M. Huntsman School Of Business
    Utah State University - Jon M. Huntsman School Of Business
    Economics

Frequently Asked Questions about Darven D. Erickson

What company does Darven D. Erickson work for?

Darven D. Erickson works for North Star Dining Usa Inc.

What is Darven D. Erickson's role at the current company?

Darven D. Erickson's current role is GLOBAL CEO / COO / PE/VC PARTNER CONSUMER GOODS / RETAIL Transformational Change Catalyst & Data-Focused Earnings Driver.

What schools did Darven D. Erickson attend?

Darven D. Erickson attended Utah State University - Jon M. Huntsman School Of Business.

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