David Neeley Email & Phone Number

Farmers Branch, Texas, Us

Los Angeles, California, Us

As COO, rebuilt vendor relationships and cost managed multiple vendors to bring a controlled cost savings back to the bottom line. Built better processes to control order systems, manage 3rd party logistics to position the company for growth.

As COO of Gorilla Mind, implemented quality procedures and new vendor relationships to develop a flow of new products and position the company for greater consumer innovations and products.- Created the supply chain for more than 10 products.- Built vendor relationships to grow new business opportunities.- Implemented quality processes- Grew team communication and process towards improved quality and sustainable growth procedures.

Draper, Ut, Us

Continue to build operations and right size manufacturing ability to grow into the future. Finding skilled employees to fit the business, equipment to grow with us and processes to direct the way.Led manufacturing operations to turn-around, efficiency, on-time and structure. Corrected and built structure that will be a key moving forward. • Turned operations from tail spin to structure, drove efficiency up by over 30% and costs down.• Created reporting structures to drive growth and efficiency. • Drove operation to bring all orders to completion and catchup on past due orders, with highly technical equipment and processes being put to correct usage.• Drove machine productivity in filling operation to a 30% increase in 5 months, improve labor costs by 20% in 3 months. Streamlined operational activities to fit work-flow and put responsibility within job functions.

As CFO and COO, held P&L responsibility and directed all business operational and financial areas for company with 75 employees dispersed across 5 locations in the U.S., Spain, Germany, and Korea. Instrumental in steering Weider through organizational changes as brand and division transitioned back to a family-owned private entity, and weathered severe market fluctuations. ► Oversaw global finance, accounting, and tax functions for 4 active operating business units, working closely with senior leaders in IT, legal, operations, and finance.► Successfully delivered an estimated $4M in dividends on an estimated $9.5M adjusted EBITDA.► Enabled business growth from $35M to $74M by managing operational and financial functions. ► Recovered nearly $3M in excess inventory costs by coaching sales teams on product positioning and promotions while negotiating with customers and suppliers.► In 2017, given additional responsibility, as well as living in Germany, as Managing Director of the $45M revenue generating Germany operation. ► Consistently delivered strong financial results to company owners. ► Initiated transformation of the company’s distribution model to keep pace with the rapidly changing retail sector.► Championed initiative to build the mass market business in Germany. Coached sales team on repositioning the brand for a broader appeal to capture new customers. ► Transferred €4M in sales to direct-to-consumer channels from contracted situation with distributor to Amazon. ► Conducted extensive negotiations on pricing and product mix.► Renegotiated many existing distributor contracts to drive down costs and discontinued low-profit contracts.► Streamlined inventory by discontinuing 25% of SKUs and developing plan to consolidate an additional 25%.► Active in M&A efforts, to include leading the due diligence process with multiple prospective company buyers.

► Promoted following re-purchase of the company by the Weider family and provided financial and operational support as the company transitioned from a public to private entity. ► Managed international controlling for 5 subsidiaries and 1 joint venture and directed legal and HR matters for 70 employees globally. ► Conducted price-point analysis and P&L contribution margin analysis for products and projects.► Maintained positive cash flow and positive dividend flow to owners.► Discontinued unprofitable operations (Canada, France, Korea, and UK) to consolidate global resources and strengthen the company’s financial performance. ► Led closure of Canada office to stem operating losses and reallocate resources to higher-margin operations.► Partnered with legal and HR departments to offer severance packages within Canadian employment regulations.► Closed France office, which required navigating a difficult labor law environment. ► Transitioned largest customer to the Spain business and sold remaining customers to a broker that went on to deliver strong margins to the company.► Managed relocation of warehouse from Utah to Arizona, transferring warehouse management function to new provider. ► Reviewed distribution facility options and selected operation that offered comparable service levels and costs.► Spearheaded implementation of Microsoft ERP system Dynamics GP (formerly Great Plains) for U.S. operations to replace the legacy (AS400 based ERP system) JDEdwards software. Directly oversaw all testing and transition efforts to ensure seamless transfer to the new solution, which elevated financial and operational reporting capabilities. ► Moved all active business units to cloud based email system.

► Conducted P&L analysis and financial review for 5 business units in Europe.► Provided financial support for brand separation from public company to private LLC.► Managed Powder facility cost accounting within powder, beverage and capsule and tablet manufacturing facilities, either in person or remotely. Used standard cost, managerial and variance accounting to efficiently monitor plant efficiencies, budgets and product costing. ► Supported budget management, inventory, financial reporting, and international controlling functions. ► Built reports for financial analysis within ERP systems to manage business goals also with Excel to manage reporting in both ERP systems, JDEdwards and Dynamic GP.