Tim Carpenter

Tim Carpenter Email and Phone Number

Chief Executive Officer and Board Member @ BMG
Ann Arbor, MI, US
Tim Carpenter's Location
Ann Arbor, Michigan, United States, United States
Tim Carpenter's Contact Details
About Tim Carpenter

My results-driven and growth-oriented approach to leadership has been repeatedly displayed across my career of outstanding performance, progressive accountability, and consistent achievement. I am familiar with holding full accountability for organization-wide P&L both in private equity and public, multinational companies. I am focused on building high performance teams and driving growth through the formulation and deployment of complex, strategic roadmaps. I was recognized, promoted, and selectively recruited for my proven ability to turn-around underperforming operations and drive high growth business to achieve peak EBITDA, share capture, and employee engagement. I have played a significant role in the purchase and sale of +$1 billion of businesses globally

Tim Carpenter's Current Company Details
BMG

Bmg

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Chief Executive Officer and Board Member
Ann Arbor, MI, US
Tim Carpenter Work Experience Details
  • Bmg
    Chief Executive Officer And Board Member
    Bmg
    Ann Arbor, Mi, Us
  • Proveyance
    Chief Executive Officer
    Proveyance Jul 2022 - Present
    CEO of industry leading conveyance equipment and precision fabrication platform.
  • Woodsage
    Board Member
    Woodsage 2022 - Present
    Holland, Ohio, Us
  • Freelance
    Executive In Residence And Strategic Advisor
    Freelance Oct 2020 - Present
    Providing executive support and strategy advisory services to middle market private equity sponsors.• Targeting businesses in Industrial Filtration, Power Transmission, Package Handling, Heavy Equipment and Refrigeration.
  • Cst Industries, Inc.
    Chief Executive Officer
    Cst Industries, Inc. 2014 - 2020
    Kansas City, Mo, Us
    Led global industrial storage product organization selling into markets across 150+ countries while directing a skilled workforce across six, globally dispersed manufacturing facilities. I headed to standardize processes for commercial excellence (Solution Selling), operations excellence (LEAN), planning (SIOP), product development (NPD), strategic positioning and pricing (80/20), and product lifecycle management (segmentation and differentiation).Some key achievements in this role:• Selectively recruited to transform a highly levered business (+8x debt to EBITDA) in loan default. Successfully transformed and restructured leading to successful sale in 2017.• Launched 11 VOC driven new products and services. Implemented new ERP system (D365), Salesforce.com, and Vault. Recognized for achieving a $28M+ EBITDA in 2015 (+22% YoY) which is the current benchmark.• Significantly improved working capital turns, decreased manufacturing footprint by 20%, and improved profitability by utilizing the 80/20 methodology, and sku rationalization to overhaul and transform the product and key customer portfolio.• Shifted the organization to High Performance Culture through the integration of proven performance management systems and processes from Danaher, Honeywell and GE which dramatically improved retention and performance.• Empowered workforce with the skills and knowledge to deploy leadership processes excellence and LEAN practices from the Toyota Production Systems and Danaher Business Model by designing and implementing a regimented training program.• Achieved major improvements in safety (TRIR), slashed cost of poor quality, improved delivery and delivered on continued cost out and sourcing save programs.
  • Dayco Products
    Chief Operating Officer
    Dayco Products 2013 - 2014
    Birmingham, Michigan, Us
    Responsible for the $1.2B P&L of a market-leading global automotive accessories manufacturer comprised of 19 facilities and a 3,200+ workforce spread globally across 16 countries. I constructed and implemented a three-year operational roadmap and investigated, and launched actions to transform global logistics, organizational structure, and pricing strategies. I focused on expanding business across multiple, global markets including China, South America, and Eastern Europe and step-function improvement in global aftermarkets profits.Some key achievements in this role:• Served as a leading member of the Boards for the U.S., China, and Europe businesses.• Achieved mission alignment by facilitating the global deployment of a world-class Lean Business System. Spearheaded a successful $30M+ cost savings plan.• Codified effective roadmaps to enable consistent growth and processes for +$100M new product development.
  • Skf Group
    Group President
    Skf Group 2012 - 2013
    Göteborg, Sweden, Se
    Directed a group of seven independent, global divisions with a $400M+ P&L. I led a skilled and engaged 1,400+ workforce spread across 14 worldwide plant locations in the manufacturing of products for the Medical, Aerospace, Military, Food & Beverage, Forest Products, Mining, Robotics, Wind & Solar Power, Mining and Semi-Con industriesSome key achievements in this role:• Acted as a key driver in the successful sale and transition of the business at 12.6X EBITDA ($1.4B).• Optimized the footprint for global sales and manufacturing via successful consolidation of plants, implementing a common business system and best practices and eliminating redundancies across seven (7) business while leading the exit from low profit products and markets, and redeploying critical assets to drive profitable growth.• Achieved a combined 95%+ OTD (highest company history). Enhanced safety to 1.0 TRIR, achieved less than 1% scrap rate and secured a 3.8% of revenue net save via continuous improvement and supply chain.
  • Rexnord
    Vp / Gm - Global Gear And Product Services Divisions
    Rexnord 2009 - 2012
    Milwaukee, Wi, Us
    Turned-around an underperforming +$400 million flagship businesses through change-focused leadership and headed efforts which continuously increased revenue and EBITDA. I drove expansion across service, new equipment and aftermarket offerings and successfully secured long-term contracts within the core target markets of forest products, mining, cement, aggregates, food & beverage, chemical and general industry.Some key achievements in this role:• Led development of $70M+ in new and advanced products and services. Develop and deployed new Product Lifecycle Management, Sales Excellence Training (and new hire sales training), transformed top products (80/20) via modularity, and successfully deployed deep VOC driven vertical market segmentation, and sales efforts.• Transformed manufacturing plants (over 1M sq ft of plant footprint) resulting in a reduction in required footprint and enabling step function improvements in key metrics of safety, quality, delivery and cost. Improved EBITDA to double digit ROS% (from mid-single digit).
  • Rexnord
    Vp / Gm Bearing Division
    Rexnord 2007 - 2009
    Milwaukee, Wi, Us
    Transformed +$300 million global “quick turn” business through 80/20, new products, modularity/VAVE, and LEAN transformation (led by Danaher Business System). Drove commercial success with Vertical Market segmentation, product lifecycle management and share gain efforts - led sales of products direct and via industrial distribution. Achieved step function improvements in profitability and delivery. Allowed for the consolidation of four (4) high cost plants to a single lower cost region plant resulting in doubling of EBITDA ROS%. Developed +$100 million of new and improved products which remain foundational to the product portfolio.
  • Rexnord
    Vice President Marketing And Engineering
    Rexnord 2005 - 2007
    Milwaukee, Wi, Us
    Direct responsibility for sales, global channel management, product management, new product development, strategic pricing, customer care, application engineering, and R&D.
  • Gardner Denver
    Director Of Marketing
    Gardner Denver 2003 - 2005
    Quincy, Illinois, Us
    Comprehensive marketing responsibility for a +$1.0 billion global business. Direct responsibility for global channel management, new product development, strategic pricing, advertising, direct sales and global customer service. Managed multi-site, global team of 70 sales, marketing and engineering professionals, while overseeing 7 product groups and 22 sub-brands with teams in US, Finland, Italy, England and China.
  • Gardner Denver
    Director Of Operations - Engineered Packaging Center
    Gardner Denver 2001 - 2003
    Quincy, Illinois, Us
    Full P&L responsibility for global Engineered Compressor Packaging business serving the PowerGen, PetroChem, Wastewater Treatment, Bulk Material Handling and Air Conveying verticals
  • Gardner Denver
    Director Of Strategic Planning And Mergers & Acquisitions
    Gardner Denver 1999 - 2001
    Quincy, Illinois, Us
    Responsibility for all M&A activities and strategic plan development company-wide

Tim Carpenter Skills

Product Management Product Development Manufacturing Lean Manufacturing Leadership Continuous Improvement Management Six Sigma Cross Functional Team Leadership Operations Management Pricing Product Marketing Strategy P&l Management Business Strategy Business Development Strategic Planning Process Improvement New Business Development Supply Chain Management Team Building Change Management Purchasing Global Sourcing Supply Chain Operational Excellence Mergers And Acquisitions International Sales Engineering Start Ups Process Engineering Project Planning Acquisitions Direct Sales International Business Lean Transformation Entrepreneurship Value Stream Mapping Manufacturing Operations Management Marketing Competitive Analysis Kaizen Executive Management Forecasting Integration Leadership Development Business Process Improvement Analysis Product Innovation Product Launch

Tim Carpenter Education Details

  • University Of Michigan - Stephen M. Ross School Of Business
    University Of Michigan - Stephen M. Ross School Of Business
    Strategy And Marketing
  • Eastern Michigan University
    Eastern Michigan University
    General Management

Frequently Asked Questions about Tim Carpenter

What company does Tim Carpenter work for?

Tim Carpenter works for Bmg

What is Tim Carpenter's role at the current company?

Tim Carpenter's current role is Chief Executive Officer and Board Member.

What is Tim Carpenter's email address?

Tim Carpenter's email address is tc****@****ies.com

What is Tim Carpenter's direct phone number?

Tim Carpenter's direct phone number is +1 202-464*****

What schools did Tim Carpenter attend?

Tim Carpenter attended University Of Michigan - Stephen M. Ross School Of Business, Eastern Michigan University.

What skills is Tim Carpenter known for?

Tim Carpenter has skills like Product Management, Product Development, Manufacturing, Lean Manufacturing, Leadership, Continuous Improvement, Management, Six Sigma, Cross Functional Team Leadership, Operations Management, Pricing, Product Marketing.

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