President
Current 2003$80 million division specializing in xxxxx and xxxxxx components/systems.Hand-picked to lead team of 7 business unit leaders and 2 directors in meeting performance improvement goals for divisionbuilt through acquisitions and experiencing significant financial/operational challenges. Devised and executed strategic andtactical action plans focused on improving financial performance, establishing long-term business growth, and building top-performing team to drive achievement of objectives. Revenue & Reversed losses to profits, driving 20% year-over-year revenue gains through 2002 and profitability Profit Growth at over 20% of revenue totals. Improved ROIC to ~40% and Working Capital Turns ~12. Produced profits at levels enabling Xxxxxxx to minimize losses from newly-acquired Xxxxxxx and eventually sell entire Xxxxxxxx operations for over $250 million. Built acquisition pipeline and relationships with key R&D organizations. Implemented strong, aggressive marketing campaigns/programs within critical OEM markets. Change Visited all sites personally and organized meetings with team on quarterly basis to ensure Management understanding of and gain buy-in for newly-implemented changes.