Gregg Melnick

Gregg Melnick Email and Phone Number

Franchise Owner | Board Director Candidate | Private Equity @ Ellie Mental Health - Greater Palm Beach County
Gregg Melnick's Location
Delray Beach, Florida, United States, United States
About Gregg Melnick

C-suite executive (President, Chief Operating Officer, Chief Financial Officer, Chief Digital Officer, Inside Board Director) with demonstrated success at various consumer brand companies and nearly two decades of experience in the boardroom, working alongside public company and private equity boards. Expertise leading IPOs, taking public companies private, and refinancing debt for PE-backed and public companies. Success assessing and integrating strategic acquisitions into brand portfolios (25+ over career) and driving growth in corporate-owned and franchised businesses (as franchisor and franchisee). Significant experience building talent management and succession planning frameworks that positively impact engagement and retention. Global experience with businesses ranging in size from $30M to $4.5B in different business cycles: hyper-growth, consolidation, and turnaround.Strong finance background and strategic mindset grounded in the conviction that decisions made need to be “strategically right, financially attractive, and with manageable execution risk.” Honed management style combined with operational methodology; understanding of when to advise, when to coach, and when to dig in and get things done.

Gregg Melnick's Current Company Details
Ellie Mental Health - Greater Palm Beach County

Ellie Mental Health - Greater Palm Beach County

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Franchise Owner | Board Director Candidate | Private Equity
Gregg Melnick Work Experience Details
  • Ellie Mental Health - Greater Palm Beach County
    Owner
    Ellie Mental Health - Greater Palm Beach County Aug 2023 - Present
    Lake Worth, Florida, United States
  • Bed Bath & Beyond
    Evp, Chief Stores Officer
    Bed Bath & Beyond 2020 - 2022
    Union, New Jersey, United States
    [NASDAQ: BBBY] $7B omni-channel specialty retailer of home, beauty, and wellness merchandise.Crafted strategy to elevate all aspects of omnichannel operations across 750 stores. P&L: $4.5B. Staff: 27,000. Reported to CEO and participated in quarterly board meetings. Introduced transformation strategy to optimize and modernize omnichannel operations and merchandising, contributing to revenue growth, cost containment, and improved customer experience.• Rationalized store footprint, unlocking $100M of realizable value, improved store layout driving high single-digit growth, and re-sequenced in-store workflows to optimize customer experience. Deployed strategy across ~20% of stores, driving 12.5% improvement in conversion ratios while containing labor spend.• Drove growth strategy for BBB Mexico as Board Member and Executive Chair for joint venture, Oprimax. Developed a 5-year plan to balance organic growth with investor returns that included a dividend distribution strategy, better cash flow management, elevated financial transparency, and improved real-time business performance measurement.• Overhauled B2C distribution model, pivoting from 6% to 40% in-store fulfillment, reducing delivery window from as much as 2.5 weeks to 3 days, and enabling market share capture from ecommerce competitors, including Amazon.• Launched a career-pathing framework that crystallized professional growth opportunities and doubled internal promotion rates.
  • Bed Bath & Beyond
    Interim Chief Digital Officer
    Bed Bath & Beyond 2019 - 2020
    • Rightsized/harmonized digital operations. Reestablished digital channel profit contribution, driving sales/service levels. • Implemented distribution center staff rationalization/optimization strategy that more accurately predicted staffing needs based on sales forecasts and achieved service levels >90%. • Eliminated siloed go-to-market approach and replaced it with a united national omni-channel strategy for buying, marketing, and merchandising across digital and in-store businesses that improved sales across both channels.
  • Bed Bath & Beyond
    Digital Chief Operating Officer
    Bed Bath & Beyond 2018 - 2019
    Recruited to build operational efficiencies. P&L: $2.5B. Staff: 150. Reported to CDO when hired.
  • Party City
    Interim President Of International
    Party City 2017 - 2018
    Elmsford, New York, United States
    [NYSE: PRTY] World’s largest vertically integrated designer, manufacturer, distributor, and retailer of party goods: $2.4B in revenues. In 2005 sponsored by Berkshire Partners & Weston Presidio; in 2008 sponsored by Advent International and Berkshire Partners; in 2012 Sponsored by TH Lee and Advent International; and in 2015 completed IPO on the NYSE [PCTY].Between 2014 and 2018, simultaneously held executive leadership roles at holding company and operating divisions. Led wholesale division with operating presence in Mexico, UK, and Australia and distribution in 50+ countries. P&L: ~$300M. Staff: 1,000. Reported to CEO. • Developed go-to-market strategy, resulting in business becoming the fastest growing division in the company (20%+ growth) and realizing positive contributions across all regions.• Expanded gross margins 150 basis points by refocusing on high-margin customers/products and new products. • Captured an additional 10% manufacturing margins by acquiring distributor and manufacturer of licensed party goods.
  • Party City
    President, Corporate Holdings
    Party City 2014 - 2018
    Played key role in debt refinancing in conjunction with 2010–2015 PE capital raises and subsequent 2015 $1.97B IPO. Co-developed strategic plan to prioritize resources and maximize shareholder value.• Contributed to the creation of the value proposition, participated in road shows, and talked to investors. • Participated in quarterly earnings reporting and analyst presentations to the PE board and later the public board.
  • Party City
    President Us Retail
    Party City 2010 - 2016
    Led retail division with 900+ locations in the US and Canada, ecommerce operations in North America and UK, and ~400 pop-up stores during Halloween (2nd largest operation of its kind in N.A.). Oversaw strategic and long-term planning impacting top-and-bottom-line growth. Grew annual sales from $0.5B to $1.6B in North America and launched presence in Mexico and UK. Active participant in board meetings/earnings calls. Staff: 25,000. Reported to CEO.• Achieved high single-digit sales growth by transitioning from single-item to themed marketing, pivoting from physical to digital campaigns, leveraging analytics to inform GTM decisions, and rebalancing merchandise based on store size.• Expanded talent management program created in previous role. Reduced turnover by 15%, doubled employee promotions, and trimmed costs associated with hiring talent externally.• Reengineered operating model and launched alternative pricing strategies and labor model investments to fuel success internationally. Realized 20% sales increase and doubled EBITDA in Canadian market. • Increased international retail footprint into the UK, and leveraged best practices in the US, to drive assortment planning and revenue growth. Identified Mexican franchise partner.
  • Party City
    Evp & Chief Operating Officer
    Party City 2007 - 2010
    Built network across US, Canada, and Mexico through the acquisition of regional party store chains/franchise locations and organic investment in company-owned stores, adding 500+ locations over time. 750 corporate and 150+ franchises at peak. P&L: $1.6B. Staff: 25,000.• Created new store prototype implemented in 75 stores annually, resulting in 10%–20% sales increase.• Built a cross-functional talent management program to harmonize acquired companies/corporate parent cultures.
  • Party City
    Evp & Chief Financial Officer, Party City Incorporated
    Party City 2004 - 2007
  • Dow Jones
    Vp Of Business Finance
    Dow Jones 2001 - 2004
  • Liz Claiborne Inc.
    Group Finance Director
    Liz Claiborne Inc. 1994 - 2001
  • Arthur Andersen & Co.
    Senior Accountant
    Arthur Andersen & Co. 1991 - 1994

Gregg Melnick Education Details

Frequently Asked Questions about Gregg Melnick

What company does Gregg Melnick work for?

Gregg Melnick works for Ellie Mental Health - Greater Palm Beach County

What is Gregg Melnick's role at the current company?

Gregg Melnick's current role is Franchise Owner | Board Director Candidate | Private Equity.

What schools did Gregg Melnick attend?

Gregg Melnick attended University Of Vermont.

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