Don Eldert Email & Phone Number

Chicago, IL, US

Wheeling, Illinois, US

Dual role as Board Member & EVP/CFO with responsibility for finance, accounting, supply chain, IT, product pricing & cost estimating, & data analytics & imaging for one of largest integrated direct mail production, logistics & marketing solutions companies in the U.S., serving diverse client base of Fortune 1000 customers across numerous industries. Five.

• Reporting to Board & PE sponsors in dual role as EVP/CFO of Frontline Tooling Solutions, a $140M holding company comprised of a precision tool (Peak Tool Works -$80M) & tool holder (Techniks -$60M) manufacturer. Full.
• Led turnaround of Peak in face of declining sales & tight liquidity; drove 720+ basis point contribution margin improvement through introduction of site-focused KPI’s, detailed operations reviews, and top-grading of.
• Helped lead 18% sales growth & 300+ bp margin improvement in Techniks business.
• Identified/fixed flawed contract pricing for several key customers; annual revenue impact of >$0.27M.
• Drove >$0.3M annualized cost savings across Frontline.
• Launched preventive maintenance program across operations; increased machine up-time to >97%.

• MICRONICS ENGINEERED FILTRATION, Portsmouth, New Hampshire 2015 to 2017World leader in industrial filtration solutions to customers in the Americas, Europe, Asia, Africa, and Australia. 300+ employees across six.
• Developed/executed growth strategy including South/Southwest US market expansion driving core sales growth >9% despite significant economic & competitive headwinds.
• Led acquisition efforts of three dry filtration companies.
• Reorganized/integrated four companies acquired in 10 month period.
• Rebuilt & led sales/marketing team & business development efforts.
• Implemented lean manufacturing to reduce lead times & cost; Co-led Maquiladora start-up.

• Market leader in food packaging solutions to blue chip customers in the Americas and Europe. 700+ employees with 5 facilities located in the United States. Novipax was a newly formed platform company of Atlas Holdings.
• Worked with PE firm on successful deal execution and formation of new platform company, while continuing in role as EVP & CFO of ASG Worldwide.
• Led negotiation of transition services agreement (TSA) with Sealed Air to expedited deal deadline.
• Led all efforts to build infrastructure to support carve-out.
• Led all efforts related to development & implementation of appropriate risk policies for Company.
• Co-led development of strategy associated with redefining sales territories & redeploying sale & marketing resources accordingly.

• Senior Executive responsible for all aspects of global finance, accounting & information technology for $1 billion private equity owned specialty printing and packaging leader. ASG operated 25 facilities across four.
• Led four complex financings increasing both liquidity & borrowing flexibility over $100M.
• Working with regional CEO’s, increased profitability & cash generation across all regions.
• Lead complex sale of Americas & China folding carton and print business to strategic buyer in 2014 generating significant additional returns on invested capital.
• Co-lead with Global CEO on carve-out & sale of business unit to strategic buyer in 2013 generating significant return on invested capital, < 14 months after acquisition.
• Key role in successful buy-out of hostile minority partner in Mexico JV, enabling significant turnaround in business performance.

• $90 million world leader in manufacturing highly-engineered test & measurement instruments and providing related testing and consulting services to blue chip customers in over 70 countries around the globe. 300+.
• Together with CEO, led turnaround & strategic realignment of Company with operational improvements increasing EBITDA margins from 13.7% to 21%, increasing sales per employee 40%, reducing working capital 22%, and.
• Leadership role in successful exit with sale of Company to strategic buyer; achieved >3.6X cash-on-cash return to equity participants in just over 3 years.
• Lead role in successful integration of business into Ametek (new owner).
• Led identification and implementation of global austerity measures eliminating over $5M of cost in 2009 enabling Company to meet all restrictive debt covenants despite 25% drop in EBITDA.
• Participated in lean manufacturing initiatives reducing delivery lead times for instruments > 60% from 11 days to 4 days, creating significant competitive advantage.

• $150 million privately held global technology company providing wide array of internet based products and services including, domain registration, web design, and sophisticated data management and hosting services on.
• Led acquisition, financing and integration strategy for largest acquisition in Company’s history, including capital raise of $86 million. Drove $19 million annual integration savings in nine months.
• Built professional accounting, finance, planning and supply chain organization in < 6 months.
• Negotiated complex credit agreement and covenants for $86 million private debt placement with hedge fund; closed transaction and funding in less than 60 days from start to finish; renegotiated additional financing to.
• Led RFP negotiation process with major hardware vendor yielding annual savings of $1.5 million.
• Developed international tax strategy and entity reorganization to reduce impact of cross border capital movements and lower Company’s effective tax rate.

Leverkusen, North Rhine-Westphalia, DE

• A $28 billion diversified healthcare, crop science and engineered materials company with over 90,000 employees and operations in 100+ countries.Reported to the Executive Vice President of Bayer Health Care. Managed.
• Led complete overhaul of business strategy & turnaround resulting in record revenue growth and profitability.
• One of 20 employees selected to participate in week-long strategy forum with Bayer, A.G. Board of Directors.
• Negotiated deal structure with Japanese strategic partner transforming relationship and generating over $20 million in annual savings.
• Co-led offshore sourcing strategy for non-core device manufacturing; annual savings $7 million.
• Co-sponsored six sigma lean manufacturing projects associated with reagent yields and quality yielding > $6M in annual manufacturing cost reductions.

Merrillville, IN, US

$6 billion integrated energy distribution and service company with over 3.7 million customers and business operations in 11 states.Vice President, Enterprise Risk Management – NiSource, Inc. (2000 to 2002)Reported to the Executive Vice President and Chief Financial Officer of NiSource. Managed organization of ten professionals with corporate-wide.

Philadelphia, Pennsylvania, US

A $5 billion global manufacturer of chemicals, specialized industrial machinery and defense industry products.Group Controller – Agricultural Machinery / Packaging and Material Handling Divisions (1994 to 1996)Reported to Group Vice President with finance, accounting and administrative responsibility for $190 million global packaging and material handling.

Masters In Business Administration, Finance, Strategy

Bachelor Of Science (B.S.), Accounting

Bachelor Of Science (B.S.), Agribusiness

Certified Public Accountant, Certified Management Accountant