Cfo And Vp Operations
Current- Restructuring
- Initiated cost reductions eliminating all of the variable cost associated with the lost revenue and reduced fixed costs by more than 25%.
- Created a new business plan; presented to banks and creditors which included the restructuring of debt and line of credit to give the liquidity needed to execute restructuring plan.
- Grew the business from one company and $13MM in revenue to 3 companies and more than $75MM in revenue.Vertically Integrated Organization Structure
- Developed a vertically integrated organization structure by forming a new company to supply the original operating company with 90% of its raw material need.
- Created a new marketing company to sell core products to a more highly regulated business sector by setting up custom operating procedures, developing separate banking relationships and establishing immediate.
2007 - Present
~19 yrs 5 mos
