Greg Krause

Greg Krause Email and Phone Number

SVP of Sales and GM, Synchrony Car Care @ Synchrony
Dayton, OH, US
Greg Krause's Location
Dayton, Ohio, United States, United States
Greg Krause's Contact Details

Greg Krause work email

Greg Krause personal email

n/a
About Greg Krause

Change agent with proven team leadership and success in driving results through different business cycles and industries for two highly matrixed Fortune 500 companies using a hands-on approach, laser focus, process/rigor, and creative strategies to drive individual empowerment and team collaboration.

Greg Krause's Current Company Details
Synchrony

Synchrony

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SVP of Sales and GM, Synchrony Car Care
Dayton, OH, US
Employees:
15388
Greg Krause Work Experience Details
  • Synchrony
    Svp Of Sales And Gm, Synchrony Car Care
    Synchrony
    Dayton, Oh, Us
  • Synchrony
    Svp Of Sales & Gm, Synchrony Car Care
    Synchrony Apr 2014 - Present
    Dayton, Oh
    Lead a $2B closed loop business network made up of 40+ contractual clients and 30K+ locations within the Automotive Aftermarket focused on driving consumer financing as a key sales channel. Manage a commercial team of 10+ account managers with support from 8 key business functions. Clients range in size from small independent merchants up to regional and national retailers/associations as well as publicly traded companies. Primary responsibilities include professional development of team, achieving sales and profitability goals, driving client engagement & sales penetration, acquiring new business and market adjacencies, client renewals, facilitating implementation of new POS technologies, driving SFE tactics/strategies, CRM usage/optimization, resolving all escalated servicing issues/requests, maintaining and enforcing all compliance requirements, and close collaboration of B2B and B2C marketing initiatives. • Grew sales from ~$800M to ~$2B (15% CAGR, in an industry that grows 3% annually) through a combination of initiatives: 1) new customer promotions & testing, 2) client contests & incentives, 3) new underwriting strategies, 4) enhanced SFE culture/focus/process, 5) development of wing-to-wing BD and B2B acquisition processes with key wins and new markets, 6) selling-in and implementing network cross-shop functionalities, 7) integrating new POS technology to drive client adoption.• Acquired $150M+ new business (~20 contractual clients, ~15K locations) through an aggressive, methodical, and targeted process highlighting SYCC’s superior val prop and domain expertise versus competition. Early wins enabled me to grow team from 5 to 10+ FTE (including dedicated BD team). • Successfully renewed all strategic clients into multi-year exclusive agreements to ensure SYCC’s industry position, growth in market share, and strong track record of double-digit annual sales growth.
  • Ge Capital - Consumer Finance
    Industry Vp Of Sales, Electronics/Appliances & Flooring
    Ge Capital - Consumer Finance 2011 - 2014
    Managed a $600M+ P&L across two separate industry verticals composed of nation’s two largest E&A buying groups (Nationwide & BrandSource, ~4K small business owners), the world’s largest flooring OEM (Mohawk, ~4K enrolled retailers), national specialty flooring retailer (Empire Today), and the preeminent specialty hard surfaces retailer (Floor & Décor). Led a team of 6 executives focused on driving portfolio growth via corporate adoption/integration of consumer financing into their promotional materials and val prop, targeted B2B account management and marketing, business development, and contract renewals.• Delivered a 9% average annual growth rate for the three years I led the team thru the exit of the Great Recession in two fiercely competitive industries made up 2nd/3rd generation small businesses who were traditionally slow to adopt new sales/marketing strategies, trends and technology.• Identified a unique organic BD opportunity within Mohawk that led to the pursuit, consummation, and launch of Floor & Décor delivering $30M+ sales in the 1st year against a pro forma of $12M.• Inherited a difficult contract renewal situation that created an opportunity for me to devise and implement a robust dealer retention strategy that maintained 88% of our sales base in the first year.
  • Ge Capital - Consumer Finance
    Vp Of Sales - Strategic Initiatives
    Ge Capital - Consumer Finance 2004 - 2011
    Handpicked by CEO to support 3 GMs and lead a new sales team of 15 FTE focused on implementing key sales initiatives and critical SFE infrastructure to drive growth (B2B lead gen/acquisition, new partner onboarding, CRM, comp plans, client segmentation/touch, sales support, inside sales, field team, etc).• Re-engineered B2B lead gen/acquisition process to increase enrollments 70% YoY (from 5K to 9K). • Launched a new partner onboarding program that drove sales activation from 45% to 70%+.
  • Ge Capital - Consumer Finance
    Six Sigma Master Black Belt - Acfc
    Ge Capital - Consumer Finance 2002 - 2004
    Led “At Customer, For Customer” commercial initiative and 4 Black Belts; partnered with 30+ member sales team to target, present, and implement meaningful engagements in form of Six Sigma projects and best practice sharing events to aid contract renewals and increase relationship equity.• Completed 8 client projects (e.g. process improvement, productivity, customer satisfaction, etc) and 27 engagements (e.g. call center, 6σ training, IT, WorkOUT/focus group/facilitation, HR, Finance, etc)
  • Ge Capital - Consumer Finance
    Six Sigma Black Belt
    Ge Capital - Consumer Finance 2000 - 2002
    Supported a Collections business unit focused on implementing strategic enterprise-wide projects concentrated on maximizing collection/recovery strategies, cost takeout, compliance, productivity, etc.• Co-led $20M JV between GE & NAREX (acquired by Fair Isaac) to develop a placement decision engine/model for delinquent accounts with “best fit” agencies and legal firms to recoup balances.• Created 1099-C Tax Reporting process to meet new tax regulations; led 20-person team thru DFSS methodology to include data collection, process design, vendor selection, pilot, and communications.
  • Ge Industrial Systems
    Six Sigma Black Belt Engineer
    Ge Industrial Systems 1998 - 2000
    Worked in OEM facility as plant’s only Black Belt partnering with salary & hourly employees to implement initiatives to increase product quality, scrap reduction, and train/certify all salary FTE as Green Belts.• Unraveled 30-year quality problem in an aluminum die-casting operation utilizing a 3-factor Design of Experiments (DOE); reduced aluminum scrap by 70% resulting in $500K annual cost savings.• Optimized an annealing process by successfully completing a multivariate DOE that reduced cycle time from 6 to 3 hours, eliminated 3rd shift operations ($200K savings) and improved product quality.
  • Us Army
    Captain - Battalion Operations Officer & Lieutenant - Platoon Leader
    Us Army 1994 - 1998
    Served in one of US Army’s elite rapid deployment units in both command and staff roles which included leading platoon of 30+ soldiers & managing $2M+ operations budget and training plans for 500+ soldiers.

Greg Krause Education Details

Frequently Asked Questions about Greg Krause

What company does Greg Krause work for?

Greg Krause works for Synchrony

What is Greg Krause's role at the current company?

Greg Krause's current role is SVP of Sales and GM, Synchrony Car Care.

What is Greg Krause's email address?

Greg Krause's email address is gr****@****ial.com

What schools did Greg Krause attend?

Greg Krause attended College Of Engineering At Tennessee Technological University, University Of Phoenix.

Who are Greg Krause's colleagues?

Greg Krause's colleagues are Jermyl Santiago, Shamma Firdous, Shivani Mathre, Suman Gandla, Ashok Abhijeet Kumar, Dexter Leocario, Kimberly Johnson.

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