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A visionary leader and dedicated principal setting and driving the organizational vision and translating operational strategies into actionable goals for performance and growth. Achieve revenue, profit, and business objectives. Head ambitious expansion and transformation campaigns in well-established and growing businesses. Creative and authentic marketing and sales professional with comprehensive experience in the distribution of electronic components. Serve wide set of customer verticals including Industrial, Automotive, Defense, Aerospace, Telecom, and others. Broad skill base and record of success in international, multicultural environments across five continents. Proven to grow sales, manage working capital, recruit high-performing talent, engage employees, control expenses, and raise profitability. Adhere to Company, federal, state, and local business requirements, ensuring compliance and developing corrective action plans. Analyze internal operations, identify process enhancement opportunities, and implement programs, policies, and procedures to boost operating division performance. Develop and measure actionable business strategies and plans that ensure alignment with short-term and long-term goals and objectives and overall profit and growth targets. Achieve client satisfaction and increase shareholder value through exceptional project results. Transform culture through implementation of best practices and operational efficiency programs to ensure the business maintains its leadership status. Directly oversee operations, business development, and sales management to achieve growth targets over the near term.Specialties: P & L EnhancementSales GrowthSales ManagementBusiness DevelopmentEmployee Recruiting & Talent DevelopmentSupplier Engagements & RelationshipsGlobal Business EstablishmentTurnaround of Underperforming BusinessProduct and Service Enhancement and DevelopmentOperating Expense ManagementWorking Capital ManagementERP ImplementationContract NegotiationsIndustries:Automotive ElectronicsIndustrial DistributionSemiconductorsNew Technology
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Chief Executive OfficerWaldom Electronics Apr 2022 - PresentRockford, Illinois, UsWaldom is a global wholesaler of electronic and electrical components. We are an extension of the supplier offering unique programs that solve problems and add value. Waldom sells exclusively to distributors, never to OEMs or end-users and partners with over 40 World Class Suppliers.
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Advisory BoardBreadboard Mar 2023 - PresentNew York, Ny, UsBreadboard creates software for the electronics manufacturing industry. We’re on a mission to transform the global production of electronics by integrating existing, but disparate supply chain.A few things we can help with: BOM scrubbing, Generating Quotes Quickly, Electronic Component Procurement, Supplier Bids / Quotes, Project Management -
Member Board Of DirectorsSivad Business Solutions 2014 - PresentWoodstock, UsSivad Business Solutions designs, implements, and supports technology solutions that automate current business functions in order to facilitate the change needed to make an organization more efficient, more informed, and more profitable.Sivad leverages experience, knowledge, and relationships coupled with hardware and software technology to provide solutions that automate the processes used by organizations to run their day-to-day business. Sivad’s mission is to identify and fix work process problems that waste employee time, lower employee productivity, and affect the bottom line.Website http://www.sivadsolutions.comEasyVote Solutions provides election officials with state-of-the-art software to:Reduce the time it takes to perform election tasks.Improve communication and accuracy between officials, election workers and voters.Provide data so election officials can make intelligent, informed decisions.Website https://www.easyvotesolutions.com/ -
President, Tti AmericasTti, Inc. 2017 - Apr 2022Fort Worth, Texas, UsCollaborate across levels and functions to develop and execute $1.45B strategy in Americas. Hold full P&L responsibility; operate prudently to enhance brand position in market. Serve as catalyst for digital transformation across company. Enhance website functionality; update content to optimize social media and Application Program Interface (API).Personally visit ~200 customers during pandemic to drive visibility and maintain relationships. Employ virtual meeting tools and executive roadshow; increase social media marketing and online selling to maintain revenue flow during crisis. Model dedication and leadership to forge culture of accountability across organization.• Guided 2K colleagues through three-year period of company resurgence. Grew revenue by ~$400M, from $1.06B in 2016 to $1.45B billion in 2019, and improved gross margins. Raised market share by 4.2%, from 22.6% to 26.8%.• Expanded customer roster by 34%, from 17.1K in 2016 to 23K in 2019.• Introduced digital marketing and social media selling across the organization. Campaigns yielded major follower increases: YouTube +129%, LinkedIn +78%, Instagram +56%, Facebook +38%, and Twitter +30%. -
Senior Vp, Tti Family Of CompaniesTti, Inc. 2015 - Apr 2022Fort Worth, Texas, UsServe on executive leadership team as key stakeholder and consultant for development and implementation of organizational business strategies.• Drove strategic planning and marketing campaigns to transform a single distribution entity into $5.5B+ family of specialty companies.• Directly led merger and acquisition (M & A) strategy to complete successful acquisitions of five specialty companies that contribute $300M+ in topline revenue.
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Multiple PositionsTti, Inc. 2013 - Apr 2022Fort Worth, Texas, UsA subsidiary of Berkshire Hathaway Inc. Specialty distributor of electronic components including capacitors, resistors, antennae, sensors, electromagnetics, semiconductors, and more. TTI Family of Companies comprises Mouser Electronics, Sager Electronics, and TTI Semiconductor Group. Employs 7K+ people at 100+ locations in the Americas, Europe, and Asia.
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Senior Vp, Global Business OperationsTti, Inc. 2015 - 2017Fort Worth, Texas, UsDirected worldwide business operations, warehouse, supply chain, logistics, quality, and continuous improvement functions. Defined, launched, and promoted new global supplier logistics program.Oversaw acquisition activities for subsidiary Symmetry Electronics ($35M revenue) and Changnam Electronics ($100M revenue) in 2017.• Oversaw design and execution of largest CapX project in company history. Managed $50M construction project of 810K ft² Americas Distribution Center completed on time and under budget. Built with state-of-the-art material storage and handling equipment.• Played instrumental role in planning and funding 200K ft² expansion of European Distribution Center in Munich, Germany. Invested €20M+ in material handling technology.• Researched, searched, analyzed, planned, and completed relocation project for 100K+ ft² Hong Kong Distribution Center. Move cultivated 10%+ growth in region.
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Vice PresidentTti, Inc. 2013 - 2015Fort Worth, Texas, UsServed on senior leadership team, supporting strategic direction of the TTI Family of Companies. Integrated acquisition of Sager Electronics ($210M) into TTI Family of Companies; delivered ongoing executive support.Facilitated all mergers and acquisitions for TTI Inc. and Sager; acquired PowerGate ($20M revenue) in 2014; Norvell Electronics ($25M revenue) in 2015, and Astrex ($35M revenue) in 2016.
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Multiple PositionsArrow Electronics 2002 - 2013Centennial, Colorado, UsGlobal provider of solutions to industrial and commercial users of electronic components and enterprise computing $29B in sales in 2019. Fortune 500 company (number 109 in 2019) with 15.7K employees worldwide. Power & Signal Group provides solutions to automotive / transportation industry as standalone unit of Arrow Electronics. -
Vice President, Marketing & AssetArrow Electronics 2011 - 2012Centennial, Colorado, UsManaged marketing and assets for product portfolio generating $1B+ sales revenue. Moved organization to technology focus from supplier focus. Negotiated and supported additional supplier onboarding to expand technology coverage.• Developed and implemented strategy to reverse multiyear trend of market share loss. Regained 130 basis points (bps) in share of $5B market.• Led team that identified $5B prospect in adjacent market. Developed market strategy of acquisition and organic growth.• Increased available inventory by 16% while balancing working capital for business. Established costing team to employ market analytics and renegotiate pricing for 100K+ parts.
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Vice President & General Manager, Power & Signal Group Global BusinessArrow Electronics 2008 - 2011Centennial, Colorado, UsDüsseldorf, Germany; Sao Paulo, Brazil; and Shanghai, China. Played key role in growing value proposition by negotiating and adding four additional suppliers. Established results-driven culture with clear metrics and accountability for key performance indicators (KPIs).• Launched South America sales organization. Drove initiative from concept to full operation in less than six months.• Executed cost performance index (CPI) initiatives to drive cost reductions and manage working capital (WC). Minimized effects of automotive industry downturn; slashed expenses by 40% and inventory by 50% in 14 months.
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Vice President, Power & Signal Group North AmericaArrow Electronics 2005 - 2008Centennial, Colorado, UsManaged P&L for $244M business with 2.5K+ customers. Drove complete organizational transformation to customer focus. Raised return on working capital (ROWC) with meticulous and skillful inventory and receivables management.• Boosted on-time shipment rate from 43% to 90%+.• Facilitated boost in employee engagement scores each year.
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Managing Director, Power & Signal Group Europe, Middle East, Africa (Emea)Arrow Electronics 2002 - 2005Centennial, Colorado, UsFulfilled role chosen by company president to establish European operations. Recruited and staffed sales, marketing, customer service, materials, finance, and operations departments. Successfully implemented enterprise resource planning (ERP) system.• Grew sales 800%+, from ~$3M in 2001 to $25M+ in 2004 ($50 million today).• Tripled gross margin in three years.• Renegotiated $25M global supplier contract.
Don Akery Skills
Don Akery Education Details
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National Louis UniversityApplied Behavioral Sciences -
Georgia Southern UniversityBusiness Administration
Frequently Asked Questions about Don Akery
What company does Don Akery work for?
Don Akery works for Waldom Electronics
What is Don Akery's role at the current company?
Don Akery's current role is Chief Executive Officer at Waldom Electronics.
What is Don Akery's email address?
Don Akery's email address is do****@****inc.com
What is Don Akery's direct phone number?
Don Akery's direct phone number is +121626*****
What schools did Don Akery attend?
Don Akery attended National Louis University, Georgia Southern University.
What are some of Don Akery's interests?
Don Akery has interest in Photography, Fitness, Music, Internaltional Travel.
What skills is Don Akery known for?
Don Akery has skills like Product Marketing, Sales Management, Business Development, Strategy, Account Management, Cross Functional Team Leadership, New Business Development, International Sales, Leadership, Management, Product Management, Contract Negotiation.
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