President | Chief Executive Officer │ Business Alignment │ Cost Control │ Cash Flow Management
Brown Jordan International
Business Transformation │ Focused Leadership │ Sales and Marketing Faced with addressing and resolving quality home/contract furnishings company’s bloated cost structure, open up free cash flow and execute full transformation plan with disciplined leadership. Currently leading nine management direct reports and 2,200 professionals in instituting and maintaining solid foundation of core competencies encompassing sales, marketing, product innovation, customer service, supply chain, manufacturing and distribution. Built and nurture portfolio of industry-leading brands to serve highly diverse customer base, geographies, distribution channels and end markets. Shut down, consolidate or relocate production facilities as needed. Proactively assess brand portfolio and focus on optimization initiatives.Market ShiftQuickly repositioned company post-recession by leveraging favorable demographics and cyclical trends within commercial and hospitality segments.Acquisition Integration Smoothly integrated two acquisitions to delivery $9M in synergy savings, while closing seven facilities after extensive evaluation.Organizational RestructuresAverted loan default with rapid restructuring and eliminating unproductive staff/groups to accumulate cash and pay down $85M debt, despite recession impact that resulted in loss of 50% of earnings and 30% of total sales.Continuous ImprovementArchitected proactive culture of continuous improvement and transitioned to Lean manufacturing platform, slashing costs by 10% and saving $16.4M.Plant ClosuresClosed two high-cost US production plants and transferred operations to company-owned, low-cost sites in Mexico, elevating product quality, lowering inventory carrying costs and shrinking customer lead times.Operational EfficiencyDecentralized operations into two divisions to cut G&A expenses by 2.6%; decreased operating expenses by 4.2%, while increasing operating income by 300%, despite severe economic downturn and housing crisis.