Rick Reeth Email & Phone Number

Orlando, Florida Area

Reported directly to the company’s operating group President, responsible for selling services and solutions to Utilities. Key member of management team setting strategy for the Utilities business. Primary responsibilities include proposing outsourcing solutions to senior level executives at utilities. Further responsibilities include serving as primary customer interface, negotiating contract terms and conditions, developing pricing and financial models and analyzing potential profitability of such engagements.• Obtained long term contracts with ten new alliance customers, generating $250 million in recurring annual revenue with profitability levels exceeding that of the core business.• Ensured contract renewals for more than 50 customers, leading to $300 million in recurring annual revenue. Drove total financial impact of more than $1M annually for several of the utility alliance customers.• Developed a targeted customer list and marketing strategy for all utilities within the United States. Identified priorities and developed strategy to increase market penetration, helping the business to more than double over 8 years.

Orlando, Florida Area

Critical member of the management team that drove a 265% increase in Hughes Supply’s enterprise value over three years. Transitioned from a publicly owned enterprise to a private equity owned enterprise, with a subsequent transition to new public ownership. Functioned as Chief Operating Officer of $1.3 billion plumbing/HVAC distributor, with dual reporting responsibility to the parent company’s Chief Operating Officer and operating group President. Helped drive profitability improvements of 142% over one year through streamlining operations, vendor consolidation and integration of a California acquisition. Established a single operating platform (Eclipse) and a migration plan that involved 60+ branches. Responsible for execution of all operational functions for 163 branch locations and three distribution centers, in an organization of 1,700 employees. Additional responsibilities included purchasing, inventory management, fleet, safety of operations, selection of real estate, facility maintenance, Sarbanes-Oxley compliance and branch rationalization.

Orlando, Florida Area

Acted as Chief Financial Officer of $1.5B entity, supporting four distinct businesses, including Utilities, Electrical, Plumbing and HVAC. Instrumental in leading strategic review of cost structure that ultimately reduced operating costs by more than $20M. Instituted tracking and evaluation of an ROIC metric across the enterprise, leading to a 20% improvement in ROIC over one year.

Functioned as Chief Financial Officer of $2.5 billion entity and reported directly to operating group President. Drove profitability to record levels, through evaluation of financial metrics and structure of existing contracts and prospective opportunities. Right sized organization to align with sales trends. Advised senior management on all financial matters, including actual results, forecasts, expense management and financial planning and analysis. Prepared analyses on external customer results to ascertain industry trends and garner competitive data.

Melville, Ny

Acted as Chief Financial Officer of $700 million entity, supporting largest 20 customers, including Cisco, Lucent, Nortel, Motorola, Alcatel, & EMC.

Prepared monthly analysis used by CEO, Senior Executive Team and Board of Directors to better guide performance of $6.5 billion multinational supply chain services business. Also, prepared all external company financial filings, including press releases, annual report, Forms 10-Q and 10-K.

New York, Ny

Planned, coordinated and managed multiple key corporate engagements, primarily in the information and telecommunications industry. Trusted advisor to client base. Clients included Dun & Bradstreet, The American Museum of Natural History, Nynex Mobile and Stone & Webster.

In-charge accountant on the firm’s largest client (AT&T) in the New York office.

New York, Ny

Master Of Business Administration (Mba)

Bachelor Of Science, Accountancy