Randy Scherer Email & Phone Number

Evansville, Indiana Area

Advisor to President of a 300-employee regional beverage manufacturer and distributor on financial and operational issues. Developed and implemented initiatives to improve profitability and cash flow. Revised the production planning process to reduce raw materials and finished goods inventory. Assisted with financial and sales planning, contract negotiations, and employee development. Developed and implemented a corporate restructuring strategy to sell non-critical business lines.

Louisville, Kentucky Area

My Rehab Pro & Total Joint Pro are telehealth start-ups in the physical therapy and orthopedic space. Using a mobile app and web portal, clinicians can oversee and prescribe rehabilitation therapies. The My Rehab Pro platform is used by hundreds of clinicians to prescribe home exercises both in the U.S. and internationally. As President and COO, responsible for all aspects of the product and company including development, sales, finances, and growth.

Louisville, Ky

Consulting/investment firm providing services to small and mid-size businesses. Specialties include financial management, operations, continuous improvement, profit maximization, business development, and exit planning. Additional services include Interim CFO / COO / Business Manager, outsource accounting provider, business expert witness, and Bankruptcy Trustee. Extensive work with turnarounds, family businesses, and start-ups.

Fredericksburg, In

Led strategic turnaround of Blue River Cabinetry by expanding distribution network, increasing efficiency, developing manufacturing standards, and retraining employees. Slashed 25% of manufacturing costs through product redesigns and Lean methodologies. Sold company in November 2013.

Louisville, Ky

Responsible for two subsidiaries (LG&E Home Services and LG&E Credit Corp.), and a marketing team tasked with selling energy services and products to residential consumers. Developed LG&E Home Services from a business plan to profitability in 21 months. Annually added over 6,000 new natural gas customers and 12,000 maintenance contracts in the metro Louisville area.

Louisville, Kentucky Area

Lead Financial Analyst in Forecasting & Budgeting Department responsible for ad hoc financial projects including capital investment planning, mergers & acquisitions, pricing policies, pension planning, labor negotiations, currency risk evaluations, and capital structure decisions. Developed presentations for Sr. Management and Board of Directors to support these analyses.

La, Ca & Louisville, Ky

Designed, developed, and implemented software databases using fourth generation languages (4GL’s) to solve financial and operational issues. Systems included an Executive Information System used to track daily and monthly key service indicators for the top 400 managers at Los Angeles Dept. of Water & Power, cash flow forecasting system, natural gas purchasing system, and water rationing tracking system.

Long Beach, Ca

In MBA leadership development program for Communications & Data Processing Division.

Greater Los Angeles Area

Long Beach, Ca

Designed and developed automation software and strategies for the Commercial Aircraft Division.

B.E., Mechancial Engineering

Activities and Societies: Varisty Swimming, Varisty Track

Mba, Finance And Marketing Concentrations

Activities and Societies: Rugby Club, Entrepreneur ClubHonorable Mention in Business Plan Competition

Course Work Towards A Masters In Mechancial Engineering

Part-time course work toward a Masters in Mechanical Engineering