Managing Director [Secretary/Treasurer]
CurrentAs the Managing Director, I develop and implement strategies to transform the Virginia Beach site into a comprehensive entity within the BMZ Group, including R&D and production facilities. I institute specialized departments and design corresponding organizational frameworks and processes. Additionally, I boost revenue growth in NAFTA markets by acquiring new clients and successfully managing projects. I also ensure compliance with all relevant regulations and maintain accurate internal and external reporting.• Drove profitable revenue growth by over 850%, maximizing revenue from $3.5M in 2016 to $31M in 2023.• Grew the local team, increasing headcount from 4 to 75 employees and raising EBIT from negative to $2M.• Achieved the first-ever operational surplus from the company's founding in 2011, amidst an aggressive growth strategy.• Instituted and managed specialized departments, including Program Management, R&D (embedded software, electrical engineering, mechanical design), sales, production, sourcing and purchasing, HR, accounting, quality, and service; defined tasks, conducted interviews, and managed hiring.• Acquired new customers and significant customer programs worth over $130M.• Negotiated multiple master supply agreements with customers and suppliers independently.• Managed the relocation of BMZ USA, expanding production space, workstations, and pallet capacity twofold.• Secured funding from the City of Virginia Beach, generating over 30 new jobs and offering counsel on M&A and JV ventures.• Implemented manual and automated production lines in BMZ's US plants.• Optimized working capital management to improve cash flow and shorten the cash conversion cycle.• Improved inventory turnover rate by streamlining order processing operations.• Collaborated with stakeholders, financial auditors, tax advisors, banks, and legal advisors in the US and Europe.