David Palivec Email & Phone Number

Willoughby, Ohio, Us

Lead multimillion-dollar precision casting facility. Certified supplier awards earned from Parker Hannifin, Rolls Royce, and Solar Turbines / Caterpillar, Inc. Continually evaluate trajectory of company and identify opportunities to enhance market position. Recommend strategies to drive operational improvements.Selected Achievements:🔹 Directed strategic deployment initiative with third-party LEAN consulting firm to develop 3–5-year growth plan; on pace to grow $30MM over next three years with 20% EBTIDA🔹 Instituted Safety Failure Mode & Effects Analysis (FMEA) to ensure sound working conditions and next-level safety🔹 Restructured Board of Directors reporting to include Trailing Twelve Month (TTM) graphical data to better track and communicate improvements, and address areas requiring continuous monitoring and initiatives🔹 Negotiated and signed three Long-Term Agreements resulting in 75+ point net margin improvement ($1MM+) and better commercial terms🔹 Established new value stream ($1.4MM+) by adding high volume customers not requiring rigorous NADCAP inspections🔹 Initiated capabilities upgrade, reducing cycle times 40% and decreasing setup times 50%

Oversaw P&L, leadership team development, revenue growth, channel development, and strategic acquisitions for organization with five USA operations and an Asian import business. Designed and implemented operational strategies aligned with organizational vision. Key member of group focused on marketing and selling company, resulting in corporate acquisition by Sigma Electric Manufacturing Corporation in August ‘19.Selected Achievements:🔹 Spearheaded improvement and reorganization activities which included re-structuring leadership and sales teams, examining current processes, and fostering a culture of accountability 🔹 Identified and corrected operational issues and risks, implementing continuous improvement mindset across entire footprint, resulting in improved metrics and positioning organization for continual growth, profitability, and stability🔹 In under three years, increased inventory turnover 2.1x and molds produced 40%; reduced returns/scraps 76%, and reduced safety occurrences 100%🔹 Consistently improved sales pipeline and backlog by identifying sales opportunities resulting in generating pipeline activities valued at over $33MM and backlog of over $11MM 🔹 Worked closely with financial teams to reduce cash conversion 9.2 days from ’16 to ’18 along which reducing net working capital as a % of sales by 540 basis points

Hired into a strategic role within industry-known organization manufacturing investment castings for clients in aerospace, defense, HVAC, power, agriculture, and oil and gas markets; three USA operations and one China facilitySelected Achievement:🔹 Capitalized on market opportunities resulting in improved organization pipeline.

Strategic leader overseeing all facets of sales and product development along with leading multiple internal teams. Initially hired as Director of Sales but rapidly augmented role with Product Development management. Reviewed and negotiated complex supply-level agreements with OEM customers while managing all patent functions. Supervised engineering, sales, and product development teams. Selected Achievements:🔹 Supported two large-scale acquisitions while simultaneously achieving measurable business growth and improved supplier relationships by completing in-depth market research🔹 Successfully planned and implemented material price increases which resulted in zero negative impact to customer satisfaction due to appropriate communication efforts 🔹 Improved the performance of stagnant territory (California) significantly by implementing strategic changes and identifying innovative processes, resulting in an increase from $100K to ~$6MM

Drove sales and business development efforts; identified opportunities to reduce cost while enhancing productivity

Macedonia, Ohio, Us

Held several technical and executive roles within company, including Journeyman Die Maker and Program Manager. Oversaw construction of 200K sq. ft. manufacturing plant. Played lead role in facilitating several plant consolidation projects. Selected as successor to CEO due to exceptional performance.