Michael Algrim Email and Phone Number
Michael Algrim work email
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Michael Algrim personal email
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Empowered Ventures is an employee-owned holding company with the mission to create life-changing financial and personal well-being outcomes for our employee owners. We provide a streamlined path for business sellers seeking to transition ownership to employees. With diverse holdings, we support our portfolio company leaders to achieve sustainable business excellence with healthy workplace cultures and environments. COMPETENCIES: Executive Leadership | Vision Setting | Strategic & Tactical Alignment | Results Driven | Innovative | Collaborative | Resilient | Empathetic | Servant-Leader | Risk Management | Strategic Analytics | Sales Leadership
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Vp, Portfolio OperationsEmpowered Ventures Oct 2022 - PresentCarmel, Indiana, UsEssential responsibilities include guiding and coaching leadership teams, establishing financial plans and dashboards, guiding operating companies through strategic and annual planning processes, supporting leadership teams in the execution of those plans, and the integration of new acquisitions.
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Portfolio Company (100% Esop)Benoure Plumbing & Heating, Inc. Apr 2024 - PresentSouth Burlington, Vt, UsFounded in 1966, Benoure Plumbing, Heating & Air Conditioning is a leading mechanical contractor serving the greater Burlington, VT area, and has earned a solid reputation for being top-quality. Acquired by Empowered Ventures, Inc. in April, 2024, Benoure is now 100% employee-owned. -
Portfolio Company (100% Esop)Paramount Plastics Oct 2022 - PresentElkhart, Indiana, UsSince 1982, Paramount Plastics has been a leader in custom plastic vacuum thermoforming. We serve the RV and Marine industries as well as other specialty applications. Acquired by Empowered Ventures in 2021, Paramount Plastics is proud to be 100% employee-owned. -
Portfolio Company (100% Esop)Firstar Precision Corp Oct 2022 - PresentBrunswick, Ohio, UsFirstar Precision manufactures precision metal components for a wide-range of applications and industries, while specializing in gears and assemblies. Acquired by Empowered Ventures in 2021, Firstar Precision is proud to be 100% employee-owned. -
Advisory Board MemberLumberman'S Wholesale, Inc Feb 2022 - PresentMontgomery, Illinois, UsLWI is a second-generation building-material distributor with coverage into IL, WI, IN, IA, and now also MO. As a Board Member, my mission is to help the Company achieve growth and continued success. -
Vice President (Coo/Eos Integrator)Bei Commercial Real Estate Mar 2020 - Sep 2022Batavia, Il, UsLead the enterprise in a COO capacity, including all subsidiaries, business units and shared services. Analyze financials, maximizing return-on-equity. Identify & mitigate business risks, sensitivity analysis and continuity planning. Utilize ERP(s) to build accurate corporate performance tools (i.e. dashboards, scorecards, KPI, etc.) that drive strategic decisions and improve alignment between individual and enterprise initiatives. Ultimately, generate enterprise-value (results) through effective operational oversight of all human capital, financial (P&L) management, business strategy, legal, etc. -
Managing Director, Commercial BankingFirst National Bank Of Omaha Jul 2018 - Mar 2020Omaha, Nebraska, UsLead a team of Commercial Bankers, providing guidance on sales and portfolio management. Manage the credit risk of the portfolio, with credit authority. Developed a strategic model for use of Loan Production Offices in new markets. -
Director, Commercial BankingFirst National Bank Of Omaha Jul 2014 - Jul 2018Omaha, Nebraska, UsExpand FNBO presence in Illinois by building a loan portfolio in a new market, emphasis on CRE/C&I relationships. Elevate the brand by being actively involved in key Community organizations.
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Managing Director, Small Business BankingFirst National Bank Of Omaha Mar 2009 - Jul 2014Omaha, Nebraska, UsLaunched this new segment, leading cross-functional teams to engineer our underwriting process, establish new delivery channels, strategic alliances, products, etc. Created stress-testing to assess portfolio risk, enabled the group to identify risks and limit losses. Built sales analytics using SF.com, and used the data to mentor a team.
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Managing Director, Treasury Services GroupFirst National Bank Of Omaha Jul 2006 - Mar 2009Omaha, Nebraska, UsExpanded Treasury Services into Illinois through the hiring of people, new products (including RDC, iBanking, Lockbox, etc.), and was responsible for the P&L. Member of the M&A team, transitioned operations and staff of an acquired bank into our core bank.
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Treasury Services Relationship ManagerFirst National Bank Of Omaha May 2004 - Jul 2006Omaha, Nebraska, UsResponsible for managing and growing a portfolio of clients by building genuine, in-depth relationships with small to mid-sized businesses, municipalities, hospitals, medical groups, etc.
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Intern, Private Client DivisionBank Of America Merrill Lynch May 2003 - Aug 2003Charlotte, Nc, UsAssisted a leading-team of financial advisors in the on-going management of their portfolios and created a CRM system to help with relationship management.
Michael Algrim Skills
Michael Algrim Education Details
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Depaul UniversityCorporate Ventures & Entrepreneurship -
Northern Illinois UniversityFinance
Frequently Asked Questions about Michael Algrim
What company does Michael Algrim work for?
Michael Algrim works for Empowered Ventures
What is Michael Algrim's role at the current company?
Michael Algrim's current role is VP, Portfolio Operations | Empowered Ventures.
What is Michael Algrim's email address?
Michael Algrim's email address is ma****@****ses.com
What schools did Michael Algrim attend?
Michael Algrim attended Depaul University, Northern Illinois University.
What are some of Michael Algrim's interests?
Michael Algrim has interest in Science And Technology, Economic Empowerment.
What skills is Michael Algrim known for?
Michael Algrim has skills like Financial Analysis, Business Development, Loans, Commercial Banking, Banking, Financial Modeling, Management, Leadership, Mergers And Acquisitions, Product Development, New Business Development, Process Improvement.
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