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A visionary global executive, recognized as an inspiring transformational leader who systematically tackles business challenges with an innate ability to quickly build organizational trust, assess opportunity, design solutions and execute high-yield strategies that deliver record outcomes. Has broad cross functional expertise gained through holding key operational and commercial roles at renown companies including Zenith Electronics, General Electric, Black+Decker, StanleyBlack+Decker, and most recently, Spectrum Brands.P&L Leadership / Business Turnarounds – each facing declining revenue and profitability, transformed Spectrum’s Appliances division, and Canada/Asia-Pacific region portfolios through executing restructuring actions and focus growth initiatives delivering significant results in each within first 2-years, increasing Appliances EBITDA 30% on 15% sales growth, Canada EBITDA 21% on 14% sales growth and Asia Pacific EBITDA 27% on 14% sales growth. Organic Growth – Proven “GrowthIQ” by aligning execution against a disciplined strategic commercial framework, which includes portfolio analysis, competitive advantage assessment, insight led innovation, and go-to-market execution. Mergers and Acquisitions – Led strategic acquisition of $400M Tristar Appliances business. Represented SPB Appliances business in strategic transaction considerations. Executed SWK’s acquisition of TLM, a $150M Taiwan/Philippines lock manufacturer. Oversaw divestiture auction of the Pfister business. Operational Excellence – Championed multiple operational transformations, including several complex restructurings, business integrations, DC consolidations, ERP implementations, and product line transitions saving millions of dollars. Adept at clarifying strategy and delivering executional excellence through consistent operating rhythms. • Business Transformation• Product / Brand Management • Strategic Planning • International Sales & Marketing • Manufacturing Strategy and Restructuring• Product Concept Testing, VOC and Conjoint Analysis• Portfolio Rationalization• Distribution / Supply Chain• Plant Startups• Lean Six Sigma• Turnarounds
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President & Chief Executive OfficerThe Wheel Group Oct 2023 - PresentOntario, Ca, UsEstablished in 1969, The Wheel Group (TWG) is a well-established manufacturer and distributor of automotive wheels, tires, and vehicle accessories. Headquartered in Ontario, California, the distribution spans 20 North American centers in major U.S. and Canadian cities with a global reach exceeding 40 countries. The brand portfolio includes nine-wheel brands, four-wheel accessory brands, two vehicle accessory brands, and one specialty off-road tire brand. Learn more about TWG at thewheelgroup.com -
President Home & Personal Care AppliancesSpectrum Brands, Inc Feb 2019 - Dec 2022Middleton, Wi, UsAppointed President of the $1.1B HPC Appliances division in 2019, shortly after a failed sale process and business was facing significant revenue and profit decline. Led a total transformation of the business by revamping the culture, upgrading talent, clarifying strategy, and aligning execution around 4 key pillars 1) Insight led Innovation, 2) building brand equity, 3) go-to-market and 4) operational excellence. Championed the acquisition of the Tristar appliances business in February 2022 to strategically expand the division’s brand portfolio, accelerate entry into the critical direct to consumer channel. -
Vp Gm Canada And Asia PacificSpectrum Brands, Inc Sep 2018 - Feb 2019Middleton, Wi, UsExpanded responsibility to lead both Canada and Asia Pacific region for Spectrum Brands.
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Vp Gm Asia PacificSpectrum Brands, Inc Apr 2016 - Sep 2018Middleton, Wi, UsRelocated to Melbourne Australia...given the mandate to establish an Asia Pacific regional platform that will enable Spectrum Brands to tap into the fastest growing markets in the world. Responsible for all Spectrum divisions. Direct sales, marketing, supply chain and back office operations in Australia, New Zealand, China, Japan, Singapore and Taiwan. In the 2 and 1/2 year time frame, the region grew EBITDA by 30% on 10% net sales growth, and reduced inventory by 22%. With clarity and strategic focus on established core and targeted growth segments in the region, I restructured by exiting non-strategic businesses, consolidating functions across the region, and upgrading talent, creating a solid foundation for growth. We then reviewed go to market strategies and optimized distribution partnerships including championing a new strategic alliance between Spectrum Brands and JD.com to penetrate the exciting China e-commerce space. In addition, I implemented critical operating rhythms to support execution and ensure sustained success.
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Vice President And Gm - CanadaSpectrum Brands, Inc 2014 - Mar 2016Middleton, Wi, UsI was promoted to turn around CAD hardware and home improvement division in Canada, integrate all additional Canadian divisions into one common country-wide platform, and drive growth across the region. This entailed providing vision and strategies for improving operating efficiencies and profitability. Upgraded, mobilized and restructured the team, establishing a consolidated operating platform and commercial organization. Rationalized portfolio and divested unprofitable businesses. Developed robust commercial growth strategies including designing and launching new products, optimizing channel and category management, and entering new markets. Consolidated sales offices and distribution centers. Strengthened systems and processes.Impact highlights include…• Turned around hardware and home improvement division, achieving impressive EBITDA growth. • Increased net revenue across the Canadian region.• Brought new products to market, generating millions in new revenue.• Penetrated two new high growth, high profit markets putting millions on the top line. • Implemented SAP across all operating divisions.• Restructured supply chain and commercial operations and consolidated four sales offices and regional personnel.
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Vp International - Hardware And Home Improvement DivisionSpectrum Brands, Inc 2012 - 2014Middleton, Wi, UsI was transitioned from StanleyBlack&Decker when Spectrum acquired this division and appointed to integrate and lead the business in all markets outside the U.S. and Canada. With full P&L responsibility and a team of direct reports, I led all business activities including sales and marketing, product and go-to-market strategies, and supply chain. I also planned and executed focused growth strategies, including new products, and improved operating efficiencies, all within the Spectrum structure.In addition to those cited above, impact highlights included…• Separated international operations from Stanley and integrated business into Spectrum, including seven concurrent SAP integrations, six DC transitions, two office/entity start-ups, and the transfer/hire of employees, with minimal business interruption and meeting all time, cost and contractual targets.• Grew sales and EBITDA.
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Vp International - Stanleyblack&Decker Mechanical Access SolutionsStanley Black & Decker, Inc. 2010 - 2012New Britain, Ct, UsI was promoted to lead this global business shortly after Stanley acquired Black & Decker, charged with combining B&D and Stanley’s international operations, and growing top and bottom lines through commercial and operational synergies. With full P&L, I developed and executed brand, product, and go-to-market strategies Additionally I led acquisition strategy and activities, crafted an operating model for the new entity including brand/product positioning, NPI projects, and brand/SKU rationalization. Finally, I developed the division’s first integrated strategic plan.In addition to those cited above, impact highlights included…• Grew international business.• Delivered millions in revenue synergies. • Championed the first global product summit, leading to increase in product vitality and incremental sales. -
Vp Baldwin And Residential Access SolutionsBlack & Decker Hhi 2008 - 2010UsI was appointed to create, provide vision for and execute company’s entry into residential access solutions market. In 2009 I was given expanded responsibility to turn around declining profits within the Baldwin business. This entailed leading cross functional teams across both assignments. I championed a strategic shift of focus from mechanical to electronic locks and led development of game-changing “Home Connect” electronic lock platform. For Baldwin, I quickly wrote and executed a profit improvement plan, as well as other product / channel cost cutting initiatives. Impact highlights included… .• Grew Residential Access revenue.• Penetrated new channels of distribution.• Repositioned Baldwin retail product line.• Reduced SG&A.• Delivered cost savings, and conversion cost out. -
Vp Brand Marketing And Business DevelopmentBlack & Decker Hhi 2005 - 2008Towson, Md, UsI was promoted into my first commercial assignment based on natural inclination toward driving growth and specific success in strategic operational planning. This included facilitating and leading the division’s strategic planning process and identifying and leading execution of organic and M&A step change growth initiatives. I also participated in B&D’s corporate development initiatives, leading to responsibility for brand marketing and consumer call center where I drove awareness and preference for all the division’s brands.Impact highlights included… • Delivered millions of dollars in incremental sales through organic growth initiatives.• Evaluated potential acquisitions.• Launched Smartkey, a revolutionary technology which led to significant increase in market share.• Increased product gross margin. -
Vp Global Sourcing And Manufacturing StrategyBlack & Decker Hhi 1999 - 2005Towson, Md, UsI was recruited as a director to establish professional global sourcing team for newly created division and elevated to vice president in 2002 with additional responsibility for manufacturing strategy. I led a global sourcing team, and collaborated with manufacturing in developing operations strategy. I also led several key restructuring projects, oversaw direct and indirect materials and service purchases, including a shift of supply to low cost regions. Finally I implemented disciplined MCTO (Material Cost Take Out) process.Impact highlights included…• Led three plant closure / transfer projects.• Developed division’s first professional global sourcing team.• Increased annual material productivity.• Reduced new product lead times and increased new product vitality.• Saved millions of dollars on indirect purchases.
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Global Commodity Manager - ElectronicsGe 1996 - 1999Boston, Ma, UsDirected $200M electronics commodity spend for Industrial Systems business supporting 18 different manufacturing facilities around the globe, led a staff of 13. -
Sr. Commodity Manager; Materials Manager; Financial AnalystZenith Electronics Systems 1994 - 1996
Dave Albert Skills
Dave Albert Education Details
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Thunderbird School Of Global ManagementInternational Management -
Westmont CollegeEconomics And Business
Frequently Asked Questions about Dave Albert
What company does Dave Albert work for?
Dave Albert works for The Wheel Group
What is Dave Albert's role at the current company?
Dave Albert's current role is President & CEO, The Wheel Group.
What is Dave Albert's email address?
Dave Albert's email address is da****@****hhi.com
What is Dave Albert's direct phone number?
Dave Albert's direct phone number is +141039*****
What schools did Dave Albert attend?
Dave Albert attended Thunderbird School Of Global Management, Westmont College.
What are some of Dave Albert's interests?
Dave Albert has interest in Poverty Alleviation, Economic Empowerment.
What skills is Dave Albert known for?
Dave Albert has skills like Strategy, Strategic Planning, Product Development, Cross Functional Team Leadership, Business Development, Start Ups, Management, P&l Management, Brand Management, New Business Development, Pricing, Sales.
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