Ron Hager

Ron Hager Email and Phone Number

St. Louis, MO, US
About Ron Hager

Strategic and tactical leader accomplished in elevating bottom-line results in private equity and Fortune 100 companies. Trusted partner on cross-functional leadership teams, collaborating on planning and execution to move companies forward. Engaging team leader and mentor skilled at improving processes, orchestrating complex initiatives, and instilling best practices. Talent for conducting root cause analysis and solving complex problems. Record of driving millions of dollars in annual cost savings, profitable growth, business evolution, and operational excellence.Strategic Planning | Mergers & Acquisitions | FP&A Oversight | Analysis & Reporting | Internal ControlsMetrics/KPI | Capital Expenditures | P&L Management | Budgets & Forecasts | IT Solutions | M&AAccounting Standards | Cash Management | Banking Relationships | Treasury | Risk ManagementQuick Highlights- Working with C-level executives on long-range planning, M&A deals, restructuring, cost reduction, change management, strategic direction, and major initiatives impacting global operations with up to $1B revenue.- Driving continuous improvement and turning around underperforming business units to accentuate profitability while fueling multimillion-dollar revenue growth and working capital improvements of up to $25M.- Establishing clear strategic vision and communication, developing metrics, and managing teams to quicken monthly close time by 11 days, cut 31+ past due balances in half, and unify financial reporting across global locations. Can be reached at ron_j_hager@yahoo.comCell: (314) 606-7956

Ron Hager's Current Company Details
R&S Machining, INC.

R&S Machining, Inc.

View
CFO
St. Louis, MO, US
Website:
randsmachine.com
Employees:
42
Ron Hager Work Experience Details
  • R&S Machining, Inc.
    Cfo
    R&S Machining, Inc.
    St. Louis, Mo, Us
  • Digital Concepts, Inc.
    Director Of Finance And Administration
    Digital Concepts, Inc. Mar 2023 - Present
    Maryland Heights, Missouri, Us
    Senior Financial position for $20M+ division of Pivot International. Responsible for P&L, Cash Management, Audit and overall financial responsibility.▪ Consolidation and Financial Oversight for locations in US, Mexico, China and Taiwan. ▪ Improved monthly consolidation from 12+ days to 7 days. ▪ Delivered consistent 95%+ current on all outstanding trade receivables.
  • Us Tool Group
    Cfo - Vp Of Finance
    Us Tool Group Sep 2019 - Jan 2023
    Farmington, Missouri, Us
    Led financial reporting, internal controls, cash management, audit, treasury, and banking functions for privately held $500M+ innovative tooling solutions company. Directed team of 50+. Engaged with public accounting firm on audit, tax, and consulting projects. Assisted owners/execs with strategy, estate planning, profit distribution, and stock ownership. ▪ Achieved zero disruption to cash flow/liquidity while navigating challenges (Covid, grounding of major supported product in Boeing 737 Max); attained over 10% pre-tax profit improvement as sales dipped 30% at height of crisis. ▪ Accelerated month-end close from 15 days to 4 days; identified and implemented process improvements. ▪ Reduced DSO from 75+ days to under 60 with 50%+ drop in overdue accounts receivable (A/R). ▪ Strategized with C-suite and executed major change and cost savings initiatives, including headcount optimization.▪ Led banking relationships and contracts; negotiated $500K annual savings on asset-based lending (ABL).▪ Partnered on Steering Committee to plan migration to Cloud-based ERP solution aligned with business needs.
  • Control Devices, Llc
    Cfo
    Control Devices, Llc Jul 2017 - Sep 2019
    Fenton, Mo, Us
    Owned FP&A, financial controls, cash management, M&A activities, IT oversight, and purchasing for $60M manufacturing company. Collaborated with private equity ownership firm on financial management. ▪ Led due diligence and financial analysis to close 2 acquisitions, including directing acquisition integration; increased EBITDA 0.5% in first 12 months post-acquisition.▪ Asked to step in and fix inventory management and turnover performance to boost profitability; revamped Purchasing department and corrected root causes of issues (stockouts, inventory bloat, on-time delivery). ▪ Managed outsourced IT, ensuring proper cross-functional IT support and efficient business systems.
  • Marshall Excelsior Company
    Interim Cfo
    Marshall Excelsior Company Mar 2017 - Jun 2017
    Marshall, Mi, Us
    Integral partner to private equity group in transitioning business from privately-owned company ($50M LPG & NH3 equipment manufacturer) to new platform in portfolio of holdings. ▪ Delivered critical financial leadership, including financial reporting and cash flow, while managing relationships with multiple lending organizations to finance and successfully execute deal.
  • Nortek Global Hvac
    Group Vice President - Finance
    Nortek Global Hvac Oct 2015 - Mar 2017
    O'Fallon, Mo, Us
    Led and developed team of up to 100+ while improving cost control and financial performance across 7 business and manufacturing locations worldwide (US, Mexico, Europe). Established uniform reporting, KPIs, and communication. ▪ Managed organizational restructuring and operational improvement activities following acquisition by PE firm; led financial discussions and forecasting throughout purchase and merger into $1B group. ▪ Eliminated staffing redundancies, elevated productivity, and produced $500K cost savings; orchestrated wind down of centralized accounting in MN and transfer of FP&A/Banking function to St. Louis. ▪ Conducted analysis, presented business cases, and built leadership consensus around closing unprofitable business segments; reduced SG&A headcount and spending by 10%+ and eliminated $100M in poor-profit sales to return $6M EBITDA improvement and $25M working capital improvement. ▪ Increased EBITDA 26% in year one and created plan to drive 30% improvement in FY17, even with sales down 10%.
  • Emerson Climate Technologies - Flow Controls
    Vice President Of Finance / Controller
    Emerson Climate Technologies - Flow Controls Mar 2008 - Oct 2015
    St. Louis, Mo, Us
    Strategic and operational leader of $140M division operating in 8 locations globally. Drove profitable growth, strong internal controls, and worldwide P&L consolidation while directing/coaching a team of 30. Led change management and instituted accounting shared services for operational efficiency.▪ Improved operating profit by $10M+, inventory turnover 28%+, and days payable outstanding (DPO) 35%. ▪ Accelerated cash conversion cycle from 64 days to 27 days, increasing annual cash flow by $5M+. ▪ Drove $3M cost savings on overhead by coordinating financial projects to close and transfer production/assets between locations in Mexico; implemented new financial model to improve costing and profit analysis.
  • Emerson Climate Technologies - Flow Controls
    Mergers & Acquisitions
    Emerson Climate Technologies - Flow Controls Jun 2006 - Mar 2008
    St. Louis, Mo, Us
    Conducted on-site audits, analysis, financial reviews, and due diligence on acquisition and divestiture targets, traveling worldwide. Presented analytical insights as a trusted partner to senior business leaders.▪ Created and presented reports to CFO, CEO, and BOD, influencing multimillion-dollar deals.
  • Buehler
    Cfo & Vp Of Finance
    Buehler Jan 2003 - Jun 2006
    Lake Bluff, Il, Us
    Finance and Accounting leader of $60M subsidiary, covering all internal controls (including SOX) and financial management for 6 reporting entities worldwide. Managed change during divestiture from Emerson. ▪ Elevated operating profit 57% alongside 12% sales lift by establishing forecasting and spending controls.▪ Increased cash flow 40% and return on total capital (ROTC) 100% during same period.▪ Managed through significant change and period of high turnover; hired and trained 2 Area Controllers and built a highly productive team to support all corporate objectives while controlling costs.
  • Leroy Somer
    Vice President Of Finance
    Leroy Somer 1999 - 2003
    Angouleme, France, Fr
    Senior Financial position for two newly acquired manufacturing locations (Lexington, TN and Mankato, MN) that comprised the newly created $250M Emerson Alternator Division. • Led team thru integration of both locations into one joint division and Emerson’s policies, procedures & reporting requirements.• Served as key liaison between the North American Management Team, the Leroy-Somer Division Headquarters in Angouleme, France and the Emerson Corporate Headquarters. Achieved improved communications and increased stakeholder engagement with the first 12 months.• Hired and trained controllers at each location within the first year of the acquisition.• Restructured the accounting departments at both locations resulting in a 16% reduction of headcount.• Administered all financial aspects of the company during the first two years sales grew at a 25% CAGR while OP increased 9.7%.
  • Emerson Motor Company
    Director Of Group Financial Planning
    Emerson Motor Company 1997 - 1999
    Us
    • Selected by corporate leadership to participate in planning meetings with top Emerson leadership (COO, President & Executive Vice Presidents)
  • Control Tech Ltd
    Controller
    Control Tech Ltd 1995 - 1997
    • Relocated the division’s finance and accounting function from Grand Island, NY to St. Louis, MO• Hired and trained entire accounting department in St. Louis, MO• Integrated acquisition into reporting group and transitioned it to new financial reporting system.
  • Fasco (Subsidiary Of Btr)
    Controller
    Fasco (Subsidiary Of Btr) 1993 - 1995
    Top financial executive for $90M manufacturer and distributor of electrical motors.• Restructured workflow in department resulting in an 18% reduction in payroll• Led team in evaluating and analyzing an Activity Based Cost Study for division
  • Emerson Motor Company
    Accounting Manager
    Emerson Motor Company 1991 - 1993
    Us
    Promoted and transferred to position responsible for all financial operations of production facility, including payroll, operational forecasting, and accounts payable.
  • Emerson Motor Company
    Senior Financial Operations Analyst
    Emerson Motor Company 1990 - 1991
    Us
  • Emerson Motor Company
    Senior Financial Analyst
    Emerson Motor Company 1989 - 1990
    Us
  • Emerson Motor Company
    Financial Analyst
    Emerson Motor Company 1988 - 1989
    Us
  • Laclede Gas Company
    Corporate Accountant
    Laclede Gas Company 1986 - 1988

Ron Hager Skills

Forecasting Financial Reporting Manufacturing Process Improvement Sarbanes Oxley Act Managerial Finance Cost Accounting Internal Controls Financial Analysis Budgets Management Strategic Planning Cross Functional Team Leadership Financial Accounting Finance Strategy Lean Manufacturing Variance Analysis Accounting Analysis Auditing Budgeting Leadership Pricing Engineering Business Analysis Supply Chain Management Continuous Improvement Strategic Leadership Corporate Finance Cost Control Business Process Improvement Consolidation Cost Reporting Profit And Loss Management Team Building Financial Planning Six Sigma Mergers And Acquisitions

Ron Hager Education Details

  • Saint Louis University
    Saint Louis University
    Finance
  • Saint Louis University
    Saint Louis University
    Accounting And Qualitative Management
  • Saint Louis University
    Saint Louis University
    Computer Science

Frequently Asked Questions about Ron Hager

What company does Ron Hager work for?

Ron Hager works for R&s Machining, Inc.

What is Ron Hager's role at the current company?

Ron Hager's current role is CFO.

What is Ron Hager's email address?

Ron Hager's email address is rh****@****stg.net

What is Ron Hager's direct phone number?

Ron Hager's direct phone number is +131460*****

What schools did Ron Hager attend?

Ron Hager attended Saint Louis University, Saint Louis University, Saint Louis University.

What skills is Ron Hager known for?

Ron Hager has skills like Forecasting, Financial Reporting, Manufacturing, Process Improvement, Sarbanes Oxley Act, Managerial Finance, Cost Accounting, Internal Controls, Financial Analysis, Budgets, Management, Strategic Planning.

Who are Ron Hager's colleagues?

Ron Hager's colleagues are Michael Wood, Lance Johnson, Matthew Roderick, George Thomas, Patrick Mcdermott, Alex D., Lauren Roderick.

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