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Turn around manager

Work Experience

TELEPLAN INTERNATIONAL N.V. Sep 2003 – May 2008
A leading, world wide operating, independent Reverse Logistics / After Sales Services company, USD 450 million turnover (2008), 6,500 employees. The company is listed on the Frankfurt stock exchange and has operations in North America, Europe and APAC active in Storage, Printer, Display, Notebook & PC, Mobile, Networks, Set top boxes, Gaming and Digital cameras.

President Mobile Services Business Unit (initially Finance Director) Jan 2006 – May 2008
In Jan. 2006 the company changed from a geographic (regional) structure to a commodity based (Business Unit) structure. The Mobile Services BU has business in the US, Canada, Mexico, Netherlands, Poland, Czech Republic, Australia, Singapore, Malaysia, Hong Kong, China and Indonesia, annualized turnover of approx. $ 70 million and 800 employees, main activity repair of Mobile phones. Responsible for growing the business profitably and strategically in the right direction. Promoted to President January ‘07.
• Leading internationally experienced and diverse Management team
• Turned around loss making North American and European operations
• Opened operations in Czech Republic, China, Indonesia, Singapore and Malaysia
• Developed second sourcing capability for spare parts in Asia leading to substantial parts cost savings
• Won various new business opportunities representing upward of $ 10 million in Revenue
• Put Teleplan on the map in Asia for Mobile services
• Revenue / EBIT from $ 40 million / severe losses to $ 65 million / > 10% within 2 years with much improved business footprint

EVP Finance – Americas Region Sep 2003 – Dec 2005
The Americas region has facilities in the US (5), Mexico (2) and Canada (1), $ 170 million turnover (2005), 2,500 employees. Overall responsibility for all financial and administrative aspects, reporting to the Region’s President and the Group CFO.
• Consolidated 3 smaller US facilities into other bigger units
• Transformed financial reporting into timely and transparent improvement drivers
• Simplified and strengthened financial management structure
• Reorganized New Business bid process
• Revamped Program profitability reviews
• Regional financial results improved from negative cash flow and EBITDA losses to positive cash flow and 8% EBITDA profits, reduced NWC with over $ 6m (20%)


DRIESSEN AIRCRAFT INTERIOR SYSTEMS, INC. – Garden Grove, CA , USA May 2002 – Jul 2003
Division Controller
Part of Driessen Aerospace Group N.V. in the Netherlands, a world wide leader in engineering and manufacturing of galleys for commercial aircraft, $ 50 million turnover (2002), 4 plants (2 in US, 1 in Mexico 1 in the Netherlands), 800 employees. Overall responsibility for all financial and administrative aspects, reporting to the President / Turn-around Director.
• Closed Mexican facility and 1 US facility, achieved self sufficiency US operations
• Overhauled and streamlined financial reporting
• Prepared sale and closure other Driessen subsidiaries
• Project manager Lean Manufacturing
• Resolved various legal and administrative issues.
• Result improvement from heavy losses in 2001-2002 to profit in 2003 with lower sales volume


SANTA MONICA SEAFOOD CO., INC. – Santa Monica, CA, USA Jan 2000 – Feb 2002
Controller
Leading seafood distribution company (processing, wholesale and retail) in Southern California, with annual turnover of $ 60 million, 2 plants, 3 stores and 200 employees. Overall responsibility for all financial and administrative aspects of the business, reporting to the President.
• Improved and accelerated monthly financial reporting, created customer profitability model
• Improved vendor claims follow up, eliminating unnecessary expense of up to $ 200k annually
• Cross trained accounting staff and introduced written procedures
• Developed and implemented performance based bonus program in processing plants, resulting in 10% increase in productivity and $ 200k cost saving annually
• Developed and implemented bonus programs for Sales people (wholesale)
• Prepared integration of two plants as platform for growth and cost savings of $ 1 million annually
• Developed strategic business plan
• Prepared and completed buy / sell share transaction between existing shareholders

HAGEMEYER N.V. Sep 1987 – Dec 1999
$ 8 billion, public, multinational, over 30 countries, wholesale/distribution and retail

Project Manager Finance Company – Ceteco N.V. 1998-1999
Reporting to Group CFO.
• Developed financing structure for consumer credit sales in Venezuela, joint venture with local bank, potentially resulting in $ 2-3 million additional profit annually
• Completed Debtors portfolio sale, resulting in better balance sheet ratios ($ 18 million off balance)

Controller Imgeve / Lehaca – Venezuela 1997-1998
Leading retailer in audio / video / appliances and furniture, turnover $ 85 million, mostly credit sales, 50 stores country wide and 1100 employees. Responsible for all financial and administrative aspects of the company, reporting to President and Group Controller.
• Helped grow turnover from $ 30 million to $ 85 million
• Integrated two companies, savings of $ 300k; Centralization distribution, from 6 warehouses to 3, $ 500k savings; Implemented tax saving measures, $ 3 million in savings
• Obtained $ 30 million additional financing from local banks

Controller La Curacao / Tropigas / CEDISA – Guatemala 1996 – 1997
Leading retailer and wholesaler in audio / video / appliances and furniture, turnover $ 50 million, mostly credit sales, 50 stores, 800 employees. Overall responsibility for all financial and administrative aspects, reporting to President and Group Controller.
• Integrated two companies, savings $ 300k and quicker decisions; Implemented new IT systems (Oracle); Reorganized collections, less write offs, lower cost.
• Obtained $ 15 million in additional financing from local banks; Prepared, negotiated Buy-out of local minority shareholders; Introduced Western Union money transfer service

Regional Controller Hagemeyer – Caribbean (Aruba, Curacao, St. Maarten) 1992 – 1996
Three wholesale/distribution and retail companies (products ranging from pharmaceuticals to appliances), turnover of $ 25 million, 4 locations on 3 islands, 120 employees. Overall responsibility for all financial and administrative aspects, reporting to Regional Director and Group Controller.
• Improved administrative organization, halted dramatic pilferage / theft of product ($ 200k)
• Upgraded Accounting staff on all islands
• Obtained $ 5 million in additional financing from local banks
• Acquired and integrated pharmaceutical distributor: $ 300k sales, $ 100k extra net profit
• Selected and implemented new software systems (Peachtree, Exact)
• Implemented tax saving structures, $ 250k in savings; resolved tax disputes, $ 300k savings
• Profit $ 0.3 million in 1992, $ 0.7 million in 1993, $ 1 million in 1994, $ 1.2 in 1995 and $ 1.5 in 1996


Assistant Controller MEA – Australia 1990 – 1992
Wholesaler of General Electric refrigerators, $ 18 million turnover, 3 locations, 30 people, at the time recent acquisition. Implemented corporate reporting system; improved inventory administration, costing methods and accounts payable; performed overall operations analysis for development; trained users and implemented new IT system.


Assistant to Financial Director J.W. BERNARD – The Netherlands 1989 – 1990
Leading electrical goods distributor, $ 60 million turnover, 20 locations 300 employees, at the time a recent acquisition. Implemented corporate reporting system; reviewed collection department leading to restructuring; developed and implemented Treasury information system.

Financial trainee Hagemeyer N.V. – The Netherlands 1987 – 1989
Training on the job: Financial reporting, consolidation, financial analysis, EDP, treasury, and internal audit.

Education

University of Groningen, The Netherlands, Master of Business Administration,
Bank of America, London, International Treasury Management

Skills

Turn around, financieel management, internationaal, KMB

Languages

Dutch : fluent
English : fluent
Spanish : speaking
German : speaking
French : some speaking

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