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A strategic, multifaceted and trusted global business leader with 30 years experience across the Real Estate and Facilities Services sector in PFI's, Retail, Corporate, Manufacturing and Public. Retaining a breadth of experience, I have led Cross-Functionally businesses, driving top line business growth and increased year on year EBITA. I have managed P&L's in excess of £180m+ turnover and held functional role, £700m+ indirect spend responsibility within the highly competitive total facilities management sector in a low margin FTSE 100/250 companies.What do I bring to the boardroom?Commercial insight and structure. I have re-structured businesses, developed new business models and led turnarounds. I am an ordered thinker who defines opportunities and alternatives by creating a strategy or plan. I consider the merits of each action and goal by how well they reflect an overall strategy for getting things done.I bring a balanced approach. I have the ability to see and understand the importance of all perspectives. I understand the effect of decisions on people and see the need for organising things well and for paying attention to doing things right.I watch out for the pitfalls and consider consequences. I encourage colleagues to anticipate what might happen. I manage risks and maximise opportunities. I ensure operational consistency in the face of demanding national key account customers and aggressive competitors.I have a dynamic and positive attitude. I've created turnaround strategies for under performing businesses post-recession. Regardless of the difficulties, I convey and instill confidence that things can and will work out.I have a strong sense of respect for the rights and individuality of colleagues and staff. I once introduced succession planning and personal developments plans for top 100 managers. I build productive and harmonious business relationships across a broad range of stakeholders. I establish cultures based on fairness and respect that drive engagement and performance.My CompetenciesBusiness Transformation | Change Management | Commercial Awareness | Financial Acumen | International Business Expertise | Business Development | Operational & Financial Risk Management | Strategic Operations | Growth Strategy | Turnarounds | Integration | Corporate Governance | Restructures | Merges & Demergers | Negotiation | Relationship Management | Succession Planning | Regulatory Compliance | Investment & FundingWhat next?I'm seeking new opportunities where I can support and mentor growing businesses.
Langtree Holding Ltd
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Managing DirectorLangtree Holding LtdManchester, Gb
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Managing DirectorLangtree Property Ltd Jan 2020 - PresentManchester Area, United Kingdom
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Client Services Director. Rolls-Royce Emea AccountMitie Sep 2018 - Dec 2019United KingdomResponsible for the UK and EMEA Total Facilities Management portfolio at Rolls-Royce. Delivered change management to enhance account performance KPI’s, customer engagement at both Rolls Royce Group Property and with the Rolls Royce Manufacturing Directors across 800 buildings/21 factories and offices in the UK/EMEA region. Delivered a closure programme for the exiting EMEA contract business during Nov18 to May 19. Full P&L accountability for turnover of £120m with Engineering (£50m), Projects M&E/Construction (£30m), Catering/Cleaning/Security/Waste Services/Front of House, Energy (£40m). Total business budgeted turnover in 2019/20 is £100M, and COI of £4.0M. -
Managing DirectorEngie Jan 2018 - Aug 2018United KingdomAppointed to a new position of forming a Corporate facilities sector business within ENGIE’s £1.8b Facilities and Energy Services division, reporting to the Chief Operating Office. Responsible for three businesses of TFM/Technical Services in the Financial and Commercial Sector ( £35m), ENGIE’s National Mobile Technical/M&E Service (£28M) and their Corporate Energy Supply of electricity and gas (£125m). Total business turnover in 2018 budget at £180M, and COI of £6.5M. -
Contract Expiry DirectorEngie Nov 2016 - Mar 2018Manchester, United KingdomWorking alongside the sector MD and contract operational leadership team to deliver the final 15 months contractual and expiry obligations for the Telereal Trillium PRIME (PFI) 20 year contract with the Department of Works and Pension, with annual TFM turnover of £100M, which expired in March 2018. Key responsibilities were working through the key contractual exit risks and implementing a strategy for operational and commercial plans in ensuring the financial risks were fully mitigated and a successful exit. -
National Operations DirectorLorne Stewart Plc Jan 2016 - May 2016Working with the CEO / MD in a turnaround strategy for their facilities hard services business which had seen a significant 60% reduction in turnover and 95% of profits over the last few years. A new strategy was developed and presented to the PLC Board. -
Commercial & Pocurement DirectorInterserve Sep 2014 - Jan 2016Following the sale of Initial Facilities to Interserve, Worked with the Group Managing Director, Finance Director and business MD’s in the integration of this newly combined Interserve TFM and Initial TFM businesses, c£700M combined turnover and £30M profit. Key focus was on delivering an additional £10M of supplier integration savings, supporting the 6 business operational delivery models to deliver the 2015 forecast turnover and profits and contract compliance. -
Trustee Of Rentokil Initial Pension SchemeRentokil Initial Dec 2012 - Jul 2014A company nominated trustee of this £1.4B pension scheme and a member of the Investment committee. -
Goup Executive DirectorRentokil Initial Apr 2012 - Jul 2014United Kingdom2 year secondment to a newly created Plc role with main objective of delivering the RI group’s global procurement savings activity in indirect service expenditure, circa £750M third party supplier spend. Responsible for a team of 25 procurement professionals globally, with key savings focus initially in the UK TFM and Logistic companies.• Delivered Procurement savings of £16M (£20M 2019) in 2012, £14M in 2013, and £11M 2014 (excludes £1.1B of divested businesses of Initial Facilities and City Link in 2014), all achievements were above target savings set by Group.• Supplier rationalisation programme, reducing UK supplier base from 10500 to core of 450.• Implemented a global benefit tracking system to record procurement savings, working closely with senior management teams in each country to deliver actual savings. • Implemented the Ariba Procure to pay into the UK business in 2013, part of a global role out.• A key member of the senior executive team appointed to support in the successful UK demergers of City Link £450mn turnover to Better Capital and Initial Facilities £650m turnover to Interserve. -
Managing Director, Initial Retail ServicesInitial Facilities Jan 2009 - Mar 2012The leading Retail cleaning and integrated services company delivering national and regional TFM services into leading retailers in the High Street , out of Town and Shopping Centres. • Appointed to develop and then implement a turnaround strategy for this underperforming business following a number of key contract losses in 2008 caused by the recession.• Full board of directors with responsibility for 6500 retail FM contracts across the UK - 10 direct reports, 150 Area managers and 8500 site based employees, £132m t/o • Took business from an annualised £2m loss to £2.5m profit in first 24 months by reducing customer loss making contracts. Managed business size down to c£65M turnover.• Improved cash collection from 65 to 42 DSO, improving cash flow by £3.5M.• Re-structured all business/shared service units to achieve profitability in first year of turnaround. • Retained 90 % of customers in a highly competitive economic and business environment.• Consistently delivered service level agreements (SLA’s) exceeding sector performance for cleaning standards, attendance, presentation and enhancing profile with clients companies• Maximised opportunities to promote and sell portfolio of other Rentokil Initial services to existing customers, such as Catering, Security, Pest control, Washroom & M&E services.• Major national account customers included M&S, Debenhams, B&Q, TKMaxx, Selfridges, John Lewis, Matalan, WhSmiths, Bhs, Arcadia Group, Coop, Tesco, New Look, Mothercare, HMV, Dixons and 5 regional shopping centre’s.
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Managing Director, Initial Facilities Management And Initial Building ServicesInitial Facilities Jun 2005 - Dec 2008One of the UK’s leading TFM (Total Facilities Management companies) focused in delivering core mechanical hard services, with in house employed management with capabilities of delivering real estate management, energy management, cleaning, security, catering, mechanical & engineering services, large capital project management and lifecycle asset fund management for PFI’s- Ltd Company with board of directors, comprising of 15 Area Directors and 1500 site based ft employees delivering to over 650 FM contracts to a client base of over 550 customers across UK - £95m t/o ( £133m 2019).- Developed and implemented new strategic direction for both businesses of in house service delivery, moving away from the sub-contractor model.- Took business from £100K loss to £3.2M ( £4.5m 2019)profit in 36 months. - Turnover increased on average by 10% per annum.- Turnaround in performance of £35M portfolio government TFM PFI’s (25 year full TFM & lifecycle management) through renegotiations of contracts and improved service delivery to achieve SLA’s and a change of management focus priorities.- Developed Key relationship with PFI consortiums of Babcock/Brown, Balfour Beatty and local authorities.- PFI experience in Schools , courts and police stations, across 20 locations - Retained the national £20M TFM and real estate contract with Xerox UK for a further 5 years, increasing scope of services into a full in-house TFM and real estate service delivery model.- Business retention key to turnaround at 98% per annum- Re-secured the businesses two key anchor TFM contracts for a further 5 years, circa £130M of future turnover at Xerox UK and B&Q. -Introduced succession planning and personal developments plans for top 100 managers- Awarded most improved RI business in 2008, Initial Building Services ( M&E business)- Key Customers included Calderdale & Derby Schools PFI, Norfolk & West Mercia Police PFI, Derby Courts PFI, Xerox UK, BP, Alstom, Ineos, B&Q, TNT & RI Properties
Dave Reynolds Skills
Frequently Asked Questions about Dave Reynolds
What company does Dave Reynolds work for?
Dave Reynolds works for Langtree Holding Ltd
What is Dave Reynolds's role at the current company?
Dave Reynolds's current role is Managing Director.
What is Dave Reynolds's email address?
Dave Reynolds's email address is da****@****sky.com
What is Dave Reynolds's direct phone number?
Dave Reynolds's direct phone number is +120873*****
What skills is Dave Reynolds known for?
Dave Reynolds has skills like Procurement, Facilities Management, Management, Contract Management, Contract Negotiation, Change Management, Strategic Planning, Operations Management, Negotiation, Business Strategy, Account Management, Mergers And Acquisitions.
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Dave Reynolds
Greater Southampton Area4btinternet.com, omwealth.com, quilter.com, skandia.co.uk6 +442380XXXXXX
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5btconnect.com, layerbrook.com, btinternet.com, xpertnest.com, opencredo.com
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Dave Reynolds
London3i-os.com, part-ontools.co.uk, paragon-cc.co.uk
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