Nick Morrisroe

Nick Morrisroe Email and Phone Number

Chief Executive Officer at Spectrum Diversified Designs, LLC. @ Spectrum Diversified Designs, LLC.
Nick Morrisroe's Location
Mooresville, North Carolina, United States, United States
Nick Morrisroe's Contact Details
About Nick Morrisroe

• STRATEGY DEVELOPMENT • BUSINESS PERFORMANCE IMPROVEMENT • TEAM BUILDING • NEW PRODUCT DEVELOPMENT • PRODUCT AND CHANNEL MARKETING• GLOBAL OPERATIONS MANAGEMENT • CORPORATE CARVE OUTS • MERGERS & ACQUISITIONSProcess-driven and results oriented global business leader with 25+ years of experience. Planned and led multiple carve outs and divestiture processes. Success in installing and leading robust strategic planning, new product development and monthly operating processes. Track record of driving growth with new products, national marketing programs, and operational efficiency. Broad experience in managing turnarounds, streamlining operations, and delivering significant P&L improvement.Strategic Planning ~ Product Development ~Corporate Carve-outs ~ Global Operations ManagementBig Box~ Mass Merchant~ Independent Distribution ~ Co-op/2 step Distribution ~ OEM Partners ~ Global Retailers

Nick Morrisroe's Current Company Details
Spectrum Diversified Designs, LLC.

Spectrum Diversified Designs, Llc.

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Chief Executive Officer at Spectrum Diversified Designs, LLC.
Nick Morrisroe Work Experience Details
  • Spectrum Diversified Designs, Llc.
    Chief Executive Officer
    Spectrum Diversified Designs, Llc. Sep 2019 - Present
    Glenwillow, Oh, Us
  • Newell Brands
    Vp/Gm
    Newell Brands Sep 2016 - Aug 2019
    Atlanta, Ga, Us
    Worked on Newell's Accelerated Transformation plan and led several other strategic initiatives involving business integration, strategic plan development, P&L improvements and growth initiatives. Known for building strong relationships and working collaboratively to build strong cross-functional teams.
  • Newell Brands
    Vp R&D And Marketing/Strategic Adviser - Divestiture Process
    Newell Brands Sep 2015 - Aug 2016
    Atlanta, Ga, Us
    •Partnered with the GM to build a stand-alone organization and assist in the divestiture of the $300M Décor business. •Built functional teams in Brand Marketing, Trade Marketing, Marketing Comunications, E-Commerce and R&D. Reduced overall SG&A but increased A&P by over $1.0M.•Invested in National Digital/Social Marketing Campaign generating over 60M impressions.•Introduced “SBU” strategic planning process and developed robust 3 year plans for the business. Installed formal stage-gate milestone process with the goal of reducing time to market from 36+ months to 15 months.•Reduced COF by $3M including managing transition from Levolor Pledge, introducing a 1-day hold on custom orders, and correcting Blinds.com EDI code failures.
  • Piedmont Hardware Brands
    Group Gm And President/President Of Amerock
    Piedmont Hardware Brands Sep 2013 - Aug 2014
    Mooresville, Nc, Us
    Piedmont Hardware Brands was formed when Nova Capital purchased the Hardware business from Newell Rubbermaid on September 10, 2013. Includes the Amerock (inclusive of Levolor Drapery Hardware), Shur-Line, Bulldog, and Ashland brands. Annual sales: $260 million. Served as President and member of the Board of Directors for each of the five businesses. Transitioned from Group President to President of Amerock.Led the successful transition of the umbrella business from a Fortune 500 corporate entity to a private equity owned business and subsequently to 4 stand-alone companies.Established distribution partners in Australia (SHUR-LINE) and Mexico (Levolor Drapery Hardware) protecting $8 million in revenue and $1million in EBITDARetained $27 million Bulldog business at Wal-mart despite competitive attack and significant supply chain challenges.Recruited and hired an exceptional top-level leadership team (including a VP of Finance/CFO, VP of Supply Chain, Director of Marketing and Director of Human Resources) for the Amerock business.Developed an Industry-leading creative approach to marketing the Amerock brand by partnering with nationally recognized designer Eric Cohler. Introduced #AmerockNow campaign at KBIS tradeshow in February of 2013.
  • Newell Rubbermaid
    Vp/Gm Hardware - Ashland, Bulldog, Shur-Line, Amerock And Levolor Drapery Hardware Businesses
    Newell Rubbermaid Oct 2012 - Sep 2013
    Atlanta, Ga, Us
    The Newell Rubbermaid Hardware division was formed by combining the Ashland business, the Shur-Line/Bulldog Business and the Amerock/Drapery Hardware business. Annual Sales: $260 millionUnified and stabilized 5 “non-strategic” businesses and delivered sales and margin targets through divestiture process despite multiple years of declining revenues.Partnered with the Corporate M&A team on the successful carve out and divestiture of the Hardware Business which resulted in gross proceeds of $214 million and after tax proceeds of approximately $175 million.Recognized by both employees and corporate leadership for maintaining open and candid communication, which resulted in less than a 10% attrition rate throughout the process.
  • Newell Rubbermaid
    Vp/Gm Ashland Hardware
    Newell Rubbermaid Aug 2010 - Oct 2012
    Atlanta, Ga, Us
    Ashland Hardware is a~ $68M supplier of OEM Window and Door Hardware to the Fenestration industry. Transitioned the business from 3 years of declining sales and profit with a negative operating income to a business with 4-6% annual growth and 7-10% EBITDA Improvement.Consolidated manufacturing operations from two underutilized plants into a single efficient facility in Monterrey, Mexico while simultaneously installing and implementing a new MRP system.
  • Newell Rubbermaid
    Vp Channel Marketing - Irwin Ct&A
    Newell Rubbermaid Jan 2009 - Aug 2010
    Atlanta, Ga, Us
    Delivered 6.5% growth in 2010, exceeding budget by $9 million (4%).Developed plans to yield $12 million in incremental promotional sales in support of a Q4 national TV advertising campaign.
  • Newell Rubbermaid
    Vp Marketing-Bernzomatic
    Newell Rubbermaid Feb 2006 - Jan 2009
    Atlanta, Ga, Us
    Created a revolutionary new cylinder size and shape for the hand torch market launched under the Bernzomatic Fatboy brand. Led development of Fatboy product and marketing strategy and execution of the operational plans to bring the product to market.Developed a process for adjusting price due to commodity inflation and passed on price increases to all major retailers.Served as the primary witness and corporate representative in a federal court case involving Bernzomatic and a former supplier. Bernzomatic’s position was upheld by a federal Jury on all 10 counts and was ultimately awarded $13 million plus attorneys fees and interest.
  • Newell Rubbermaid
    Director Of Marketing
    Newell Rubbermaid Aug 2003 - Feb 2006
    Atlanta, Ga, Us
    Led Linear Edge Global Business Team and grew business from $75MM to $109MM.Introduced >$5 million in new products including Lenox GOLD reciprocating saw blades, new holesaw kitboxes, new carbide hole cutters, and a new range of jigsaw blades.
  • Newell Rubbermaid
    Vp Of Marketing
    Newell Rubbermaid Apr 2001 - Aug 2003
    Atlanta, Ga, Us
    Integrated disparate businesses into 2 cohesive brand offerings under the LEVOLOR and KIRSCH brands.Implemented Lowe’s Custom Size Now window blind program which has grown to over $100M in sales.
  • Black & Decker
    Various Positions In Marketing And Engineering
    Black & Decker Sep 1991 - Mar 2001
    Towson, Md, Us
    Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and more.Served in a number of positions –Began as a temporary associate on the shop floor of a manufacturing plant and held positions in Quality Assurance, Engineering Test, Engineering, and Marketing achieving the position of Group Product Manager for Linear Edge and Abrasive Products.Recognized with 1997 “Marketing Excellence” award for transforming work in an operational efficiency initiative that reduced overall sku count from 6200 to 2700 skus in the Power Tool Accessory business.Grew Linear-Edge business from $7MM category to $24MM+ in 3 years.

Nick Morrisroe Skills

Consumer Products Home Depot Wal Mart Global Marketing Customer Insight Multi Channel Marketing Pricing Management P&l Management Brand Development Marketing Sales Operations Leadership Key Account Development Talent Management Shopper Marketing Sourcing Cross Functional Team Leadership Merchandising Pricing Strategy Sales Brand Management Key Account Management Product Development Manufacturing Competitive Analysis Product Innovation Product Marketing Account Management

Nick Morrisroe Education Details

  • Loyola University Maryland
    Loyola University Maryland
    Marketing
  • Towson University
    Towson University
    General

Frequently Asked Questions about Nick Morrisroe

What company does Nick Morrisroe work for?

Nick Morrisroe works for Spectrum Diversified Designs, Llc.

What is Nick Morrisroe's role at the current company?

Nick Morrisroe's current role is Chief Executive Officer at Spectrum Diversified Designs, LLC..

What is Nick Morrisroe's email address?

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What is Nick Morrisroe's direct phone number?

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What schools did Nick Morrisroe attend?

Nick Morrisroe attended Loyola University Maryland, Towson University.

What skills is Nick Morrisroe known for?

Nick Morrisroe has skills like Consumer Products, Home Depot, Wal Mart, Global Marketing, Customer Insight, Multi Channel Marketing, Pricing, Management, P&l Management, Brand Development, Marketing, Sales Operations.

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