Executive Director, Board Member And Investor
Home Appliances Pty Ltd
20 Carlotta St Artarmon Nsw Australia 2063
In conjunction with private equity partners our investment and leadership of Home Appliances saw the business grow from $17m to $85m over a period of 5 years and enterprise value increase from $8M to $40M. Approximately 50% of the growth was organic and 50% through acquisition. I was an Executive Director on an Independent Board of Directors. As Executive Director I was involved across all elements of the business. Key responsibilities covered operations, product and account management. Managed and implemented change in a business that was experiencing significant organic growth at the same time as being impacted by multiple acquisitions over a short time frame. Transformed operations while reducing the overall percentage of operational costs to the business. This was achieved through the implementation of technology, establishment of new procedures and the redesign of both product and the supply chain. The targeting and integration of acquisitions. The ability to resolve complex issues arising from different cultures, systems and distribution channels was a key achievement during this period. The success of the integrations stemmed from developing a clear strategy, communicating it and bringing all team members along with the implementation. Development of new key accounts that saw major growth in non-traditional appliance retailers; Development of new distribution channels in trade and commercial markets; Expanding our supply base In China and Europe. This facilitated growth in our product range, expansion into new product categories and increased margins through more effective sourcing. Implemented a branding strategy that saw the business successfully compete in the upper segments of the kitchen retail market.