Ken Diggs Email & Phone Number

Kalamazoo, Michigan, Us

Allegan, Michigan, Us

CFO for private equity funded high growth, continuous insulation manufacturing and engineering company• Led team of 5 responsible for Finance, Accounting, Supply Chain, Capital and IT functions• Led selection of new ERP system and successful implementation of SAP Business One• Negotiated financing for $1.1M building addition and obtained $185K tax abatement

Kalamazoo, Michigan, Us

CFO for $40M+, 600+ employee organization with 2 full service hotels, 7 restaurants, 5K seat arena, 5 ice surfaces, professional hockey team and several retail operations• Led team of 20+ responsible for all Finance, Accounting, Capital, Technology and Ticketing operations with $3M budget• Partnered with Exec Team to turn around failing company driving $7M+ operating profit improvement• Realized $1.7M+ annual savings by identifying and executing 86 Cash Saving opportunities• Saved $320K annually by restructuring Finance department – consolidating employee responsibilities and streamlining department operations• Aligned financial reporting to accurately reflect business unit performance & established KPIs• Redesigned Bonus & Incentive Pay programs to fully align managers with company goals and performance• Benchmarked all Business Units to determine Performance Targets & Improvement Focus areas• Built internal IT team, successfully transitioned from outsourced model and reduced IT costs 35%• Streamlined product offerings and optimized order quantities reducing inventory levels 38%• Created Financial Literacy Course to educate employee base• MiBiz | Financial Executives International 2016 CFO of the Year• Governor of Kalamazoo Wings ECHL hockey team 2014-17

Benton Harbor, Michigan, Us

Finance Leader for $3B product category with 5 plants and operations in US, Mexico & Canada• Led team of 4 accountable for financial reporting & forecasting, capital investment valuation & analysis, annual & long-term strategic planning, pricing & promotional activities• After Finance HC reduced 40%, reorganized team’s roles & responsibilities to optimize business support• Successfully purchased WC Wood freezer assets by creating 5-year Business Plan, P&L structure and product pricing & product cost targets resulting in profitability within 90 days of acquisition• Analyzed marketplace & identified and implemented $8M in incremental pricing margin

Benton Harbor, Michigan, Us

• Partnered with business team to orchestrate $139M year-over-year Profit improvement in Side by Side and Top Mount businesses through pricing actions, cost take-out and radical business simplification• Drove $45M in annual savings by consolidating Top Mount refrigeration production and closing production facility

Benton Harbor, Michigan, Us

• Integral part of team that identified and drove $172M in cost take-out across the P&L (Material, Conversion, F&W, Quality, SG&A)• Established cost targets for 5 platforms and 7 plants and implemented Scorecard to monitor progress• Partnered with Mexico, Engineering, Quality, Procurement & Supply Chain to track all cost improvement projects centrally to prioritize projects and provide pipeline visibility

Santa Clara, California, Us

Directed team of 8 analysts responsible for forecasting and reporting Revenue, COGS, Spending, Inventory and Fixed Assets for $2B+ business group with $500M+ budget & 3K+ employees• Led 18 person cross-functional team that executed complex reorganization reducing number of divisions from 9 to 6 and reallocating 1K+ employees within 8 weeks• Partnered with Division Controllers to successfully execute sales of two businesses on schedule and under budget including completing GAAP compliant financial audits and due diligence• Designed and implemented Reportable Events reporting process for Digital Enterprise Group (Intel Reporting Segment), meeting all relevant Sarbanes-Oxley 302 requirements• Created “Go for the Gold” program, improving Operating Margin from 3% to 10% within one year• 2X Excellence in People Management award winner

Santa Clara, California, Us

• Saved $22M by embedding worldwide variable cost and tax differences into factory build plan models• Formed and led team of 12 to establish process and system of record for factory capacity, enabling calculation of factory underload charges and inventory in compliance with SOX 404• Utilized Monte Carlo simulation and statistical analysis to determine most likely 12-month CPU demand scenarios to ensure sufficient factory capacity was in place

Santa Clara, California, Us

• Developed Total Cost of Ownership model for factory capital equipment selections to identify highest NPV tool set – utilized model to improve Thin Films and Planar factory processes NPV by $237M• Negotiated and conducted Most Favored Customer pricing audit with Intel's largest supplier, Applied Materials, resolved all issues and ensured Intel received MFC pricing for $1B+ equipment purchases• Identified, evaluated and drove several factory equipment reuse opportunities resulting in $58M savings• Led cross-functional team that designed and implemented first ever equipment component options to increase Intel’s ability to cost effectively respond to demand increases

Grand Rapids, Mi, Us

• Financial analyst for $180M manufacturer of Drawer Slides, Shelving and Storage Products• Managed Finance/Accounting areas of KV Canada restructuring ($17M subsidiary), including sale of manufacturing facilities and transfer of operations and systems to Grand Rapids• Prepared required SEC reporting for Forms 10-K and 10-Q, annual reports and proxy statements• Revamped Officer & Key Person life insurance program, reducing cost 30%

Fort Wayne, In, Us

Managed 3 member staff, accounts payable, cash management, fixed assets and tax for $35M Geothermal Heating & Cooling Systems manufacturer• Implemented inventory control procedures resulting in 40% reduction in shrinkage• Reduced accounts receivable 60 days past due 21% in six weeks

Grand Rapids, Mi, Us

Managed 4 member staff, accounts receivable, accounts payable, payroll, fixed assets and tax for $15M kitchen & bath storage products subsidiary• Prepared/analyzed monthly financial statements for U.S. and Canadian operations• Established all accounting operations, processes and systems for new Canadian Branch

Mba, Major: Finance, Minors: Marketing, Information Systems

Ba, Major: Accounting, Minor: Economics