Results-oriented, experienced and successful P&L Leader with 18-year track record of driving revenues and profitability. Skilled in finance, product development and improving productivity to more effectively leverage resources. Creates team-focused high-performance cultures, where employees constantly strive for improvement and learningLeadership - Increased Earnings by 333% by market expansion, new product development and constantly improving processes. Revenue Growth - Grew revenues by 250% by significantly expanding military simulation segment from 7% to 60% of business Finance M&A - Transformed acquired unit operations, returning it to profitability in 12 months through streamlined operations and cost controls. Research & Development - Reduced product cost by 50% through major product transition moving from custom built hardware to commercially available hardware and expanding software. People - People oriented leader with 10 direct reports in a 225-person division. Develops strong high-performance teams achieving business objectives and exceeding expectations.
Assembly Solutions Ltd
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ConsultantAssembly Solutions Ltd Feb 2017 - PresentGreater St. Louis AreaAdvisor to CEO to guide special projects.• Perform an assessment of operations to improve quality and efficiency• Plan for acquisition and transition to new facility
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Vice President/General Manager, Visual SystemsFlightsafety International Jan 2014 - Nov 2016Greater St. Louis AreaP&L accountability for 235-person, $74M operation at two locations (St. Louis, MO and Austin, TX). Diverse experience with responsibility for product development, engineering, production, installation, accounting, and product support.• Grew revenues and earnings by 15% via new product development and improving cost efficiencies through technology insertion and business process enhancements• Assigned responsibility for distressed Austin, TX production; streamlined operations turning financial performance around in 12 months• Boosted employee satisfaction by 22% through implementation of recognition programs and improved communications • Masterminded a project budgeting and cost tracking system, reducing management cost 25%; improved understanding of product cost and budget forecast accuracy• Guided development of 240+ proposals valued at $185M/year, to military and commercial customers, with a greater than 45% win rate• Spearheaded acquisition process of three bolt-on business opportunities with a combined investment of $50M -
Division General Manager - Visual Simulation SystemsFlightsafety International Jun 1998 - Jan 2014Greater St. Louis AreaResponsibility for all aspects of a 190-person division with revenues of $60M including P&L. • Increased revenues by 88% (from $32M to $60M), and pre-tax earnings by 200% ($3M to $9M)• Redesigned organizational structure and business processes, boosting production output 238%• Oversaw the introduction of three generations of computer graphics-based visual systems, including transitioning from custom hardware design to Commercial Off-the-Shelf (COTS) components -
Director Of Finance And AccountingFlightsafety International Apr 1994 - Jun 1998Greater St. Louis AreaDirected accounting, business operations, and financial reporting for two design/build manufacturing divisions (St Louis, MO and Tulsa, OK), with annual sales of >$100M.• Established and oversaw an interdisciplinary team that identified, developed and implemented streamlined Tulsa MRP system resulting in 20% management cost reduction and improved budget forecast accuracy• Developed and implemented revised cost accounting standard disclosure statements approved by U.S. Defense Logistics Agency• Improved material acquisition strategy resulting in $2M+ annual cost savings -
Manager Of Finance And AccountingFlightsafety International Feb 1993 - Apr 1994Greater St. Louis AreaManaged production, accounting, purchasing, and financial reporting for $20M manufacturing division (St. Louis, MO).• Guided accounting transition of business unit purchase from McDonnell Douglas• Created processes and methodologies used in preparation of division-level financial reporting • Led implementation of MRP accounting/manufacturing system -
Proposal ManagerMcdonnell Douglas Corp. Jun 1990 - Jan 1993Greater St. Louis Area(Visual Systems Business Unit Acquired by FlightSafety International) Directed all proposal development, including pricing strategy development, technical, and financial proposal preparation. -
Software Development ManagerMcdonnell Douglas 1980 - 1990Produced full-scale development proposal for advanced satellite communication system. Responsible for overall design, planning, budget, and cost management for all related software engineering activities.
Jon Hester Skills
Jon Hester Education Details
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Master Of Business Administration (M.B.A.) -
Electrical Engineering -
Electrical Engineering
Frequently Asked Questions about Jon Hester
What company does Jon Hester work for?
Jon Hester works for Assembly Solutions Ltd
What is Jon Hester's role at the current company?
Jon Hester's current role is Results-driven P&L Leader | Vice President/General Manager | Product Development | Business Development | Finance.
What schools did Jon Hester attend?
Jon Hester attended Southern Illinois University Edwardsville, Southern Illinois University, Edwardsville, Southern Illinois University, Edwardsville.
What skills is Jon Hester known for?
Jon Hester has skills like Executive Leadership, P&l Management, Financial Analysis, Financial Forecasting, Acquisitions, Strategic Planning, Product Development, New Business Development, Systems Engineering, Project Management, Engineering Management, Process Improvement.
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