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A CEO with a proven track record, Richard Close founded GrayWolf Management in 2015 to focus on turnaround and performance improvement in the Industrial and Distribution sectors. GrayWolf Management focuses on delivering business turnaround and transformation through a combination of Strategic Overview, Operational Realignment and Inspirational People Management.A specialist in International distribution and retail strategies and a proven business innovator, Richard is a recognised thought leader and commentator on all aspects of people management; challenging current business practice and relationships resulting in streamlined business processes that add value for customers. Richard has spearheaded the implementation of strategies to engage and empower employees and enhance growth opportunities.Specialities: Asia/Pacific region, distribution strategies, business leadership, international negotiations, business transformation, business turnaround encompassing original thinking in realigning business, customer and employee’s needs.
Gray Wolf Management
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DirectorGray Wolf Management Jul 2015 - PresentUk And SingaporeA consultant Chief Executive specialising in results turnaround. Focused on operations in the Industrial and Distribution sectors in the UK and Asia-Pacific.Current clients include: - Global Industrial Equipment Manufacturer - To define and establish Asian distribution model. - Multinational Service Company - Adviser re government contract tender process. - UK Services Company - Interim CEO US$350 Turnover, 1250 employees.Based UK and Sinagpore
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Global Business Development ManagerSpeedshield Technologies Ltd Sep 2016 - PresentSinagporeSpeedshield is a subsidiary of Adaptalift Group a private Australian Company. A$300m, turnover, 600 employees. Speedshield manufactures and distributes a telemetry tracking, safety and operator monitoring device.Responsible for defining, creating and establishing a market in Asia and Middle East.Based in Sinagpore
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Chief ExecutiveBriggs Equipment Aug 2006 - Oct 2015CannockResponsible for creating and implementing the plan to acquire and develop Briggs growth in Europe. $270m turnover, 1200 employees 40,000 assets under management contract.Transformed business from £12m losses to £10m profit in nine years. Acquired major competitor and renegotiated manufacturing supply relationship. Result in EBITDA growth x 3. -
Vice President And Managing Director EmeaNacco Materials Handling Jun 2001 - Apr 2005Uk, Netherlands, ItalyRecruited to specifically to turn around loss making EMEA manufacturing and retailing operations. Actions: - Reversed owned retail strategy to focus on core manufacturing skills. - Implemented an immediate 15% cost reduction programme. - Recruited an International management team to lead sales growth. - Reduced 2 layers of management levels. - Implemented a focused brand strategy to engage dealer network and relaunched the Yale brand in EMEA. Result $20 m loss in 2001 to $1.8 m profit in 2003
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Managing DirectorLex Distribution Jan 1999 - Jun 2001Northampton EnglandRecruited to integrate and then grow various acquired Fork Lift businesses in UK, France, Belgium.Identified fundamental product manufacturing problem. Negotiated 5 m GBP manufacturing support and removed 4 GBP risk from business. Recommended withdrawal from the business to PLC board. Negotiated exit and recovered assets
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Franchise DirectorLex Retail Group Sep 1995 - Dec 1998Thames Valley EnglandTransformed the performance of £200m turnover, 15 dealership group.Profit responsible for brands with sales of 200 m GBP. 15 dealerships, 700 employees.Key influence to review and revise brand strategy resulting in disposal of the volume brands this led to tripling of annual profits.
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Operations And Finance DirectorHyundai Car Uk Ltd Aug 1993 - Sep 1995Thames Valley England.Recruited to appraise and recommend the purchase of new Hyundai franchise from I.M Group.Appointed as Operations and Finance Director. 150 m GBP turnover, 70 employees.Responsibilities covered logistics, including sourcing from Korea, shipping to UK and onward distribution to dealer network.Extracted business from previous ownership and delivered and implemented new business model.Delivered cost saving in excess of 1 m GBP against plan in first year.
Richard Close Skills
Richard Close Education Details
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InseadAdavanced Management Programme -
Insead - SingaporeInternational Management In Asia-Pacific -
The Chartered Institute Of Management AccountantsAssociate -
Brighton PolytechnicHotel Administration -
Insead SingaporeInternational Management Programme
Frequently Asked Questions about Richard Close
What company does Richard Close work for?
Richard Close works for Gray Wolf Management
What is Richard Close's role at the current company?
Richard Close's current role is Founder & Director @ Graywolf Management Ltd | CEO | Expert turnaround & transformation Leader | Industrial & Distribution Sector | Board Development | Non-Executive Director.
What is Richard Close's email address?
Richard Close's email address is ri****@****ent.com
What schools did Richard Close attend?
Richard Close attended Insead, Insead - Singapore, The Chartered Institute Of Management Accountants, Brighton Polytechnic, Insead Singapore.
What skills is Richard Close known for?
Richard Close has skills like Leadership, Business Transformation, Business Strategy, Management, Strategy, Mergers And Acquisitions, Business Development, Operations Management, Distribution Strategies, New Business Development, Change Management, Process Improvement.
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Richard Close
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