- P&L Management
- Precision manufacturing Markets
- BOD partnership
- Private Equity experience
- Financial acumen
- Strategic Planning
- Product & Program Management
- Team Building
- Global Operations
- Global Sales and Marketing
- Strategic Plan Deployment
- Multi Company integration
- Lean/Six Sigma Methods
- Mergers & Acquisitions
- MS in Advanced Management Studies (PhD Candidate), Trident University- 2007
- MBA, Rensselaer Polytechnic Institute - 2001
- BS in Mechanical Engineering, Rensselaer Polytechnic Institute - 1998
Leading Hanwha’s Aerospace Aftermarket Strategy creation to develop a $2billion+ enterprise to include engine MRO, Repairs, Asset Management, and Material Solutions. Driving strategy planning with multiple teams (Finance, supply chain, HR and Operations) across various Hanwha organizations (HPS, Aerospace, Aviation and Strategy Team #2). Additionally, leading efforts for M&A strategy for the $350M IGT business.
Results:
• The strategic plan was created in less than 2 months with a full financial model along with investment thesis to support organic and M&A growth
• The plan was approved by Top executive management for execution in July 2024 (Repairs and Materials)
• PSM Team was awarded MRO and Asset Management in October 2024
Consulting businesses on value creation by focusing on data driven processes, growth mindset, and 4Ps (People, Productivity, New Profitable business, and Pricing)
Business Playbook creator and coach: www.globalneedsllc.com
Clients: Private Equity, Investment banking, Corporate executives, GLG Inc., Guidepoint, AlphaSights, Third Bridge and Coleman.
Markets: Medical Products, Industrial, Aerospace and Defense.
Expertise: Buy/Sell Due diligence, Sales Strategy, Operational excellence, OEM dynamics, Value creation tools, Technology investments, Manufacturing optimization, Proposal development, Value based pricing and competitive landscape.
Part of the elite team launching a new branch of hedge fund ($25B AUM) focused on wellness and health.
Supporting and leading Operational and M&A efforts with the Voloridge Health team. Driving creation of organic and inorganic investment thesis. Our strategy is to use biochemistry, habits, and wearable data to construct an automated platform solution for longevity.
Top MRO and FAA repair provider for T56 and PT6 engines. Engines, APU and accessories assembly, repair, machining, fabrication, testing and 8130 tag certifications. $40M business with 105 employees. Owned by Battle Investment Group.
Leading Turbopower team and platform with focus on organic growth, and M&A strategy thru Operational Excellence.
Responsible for creating a high-performance team, full P&L, sales growth playbook, synergetic M&A and process driven operation.
Turbopower is a provider of maintenance, repair and overhaul (MRO) services for gas turbine engines, auxiliary power units and component parts to military and commercial customers worldwide. The Company holds numerous quality and customer certifications, including FAA Part 145 repair station and Rolls-Royce Authorized Maintenance Center certification.
Turbopower operates out of a state-of-the-art 100,000 square foot facility with on-site engine test cells supporting T56 and PT6 engines.
Results:
• Accomplished more than 55% in LTM revenue since July 2021
• Achieved over 50% LTM EBITDA growth in Q3 2022
• Team won $30.4M in less than 6 months while increasing the backlog by 8%
• Successfully launched SQDIP culture, Recertified T56 test stand by FAA, and completed AS9110 certification
• Instituted major team culture: all hands meetings, benefits enhancement, bonus structure, monthly food truck for meeting metrics, finder’s and sign on bonus, resulted in 23% employee base growth.
Leading Tecomet's product and market strategy thru P&L ownership of $600M business across 17 global Sites. Product Management is a strategic and business-oriented process focused on increasing company's long-term value. Organization consists of 30 direct and indirect team members: Product Managers, Innovation/R&D, Program Management and Proposal Development teams with matrixed reporting by all Site Leaders in the organization of 2,900 employees. Supporting top medical device and A&D customers such as DePuy, Stryker, Zimmer Biomet, Medtronic, Smith & Nephew, Intuitive Surgical, Parker Aerospace, Woodward, GKN etc. Working closely with company’s executive leadership in Sales, Operations, Quality and Finance and monthly interaction with the BOD; reporting to CEO.
Results:
• In 2019 helped deliver $35M (or 6%) Revenue growth by building a Product Management team, and leading execution on NPI and program management.
• In 2019 led delivery of $14M (or 12%) EBITDA growth by executing product and market strategy, actively managing product P&L, and revamping the proposal management process via BET model.
• Drove $5M product price increase via active P&L management of product and implementing “80/20” methodology to all customer and product portfolios.
• Delivered monthly product P&L metrics and accountability for the entire organization by instituting 6 businesses (Implants, Instruments, Advanced Surgical, Aerospace & Defense, Etch and Cases), 35 overall product families and dedicated team of Product Managers to manage monthly P&L performance.
• Successfully launched a $200M growth plan over 5 years by implementing a 7-initiative strategic plan across the entire business within 2 months.
• Helped drive OPEX reduction by $3M (or 6%) by implementing product transfers, driving multi-site mixed model costing, setting product continues improvement plans, and managed implementation of latest CAPEX technology.
Leading a $70M Aerospace and Defense division of Tecomet with full P&L responsibility, focusing on delivery and quality excellence across 6 global sites. Accountable for organic and M&A growth planned at 10% CAGR over 3 years. Created and executed 5-year Growth plan and Strategy with full A&D market analysis and valuation creation go-to plan. Strategic focus on product, process, and program with developed business strategies for each key Account. Reporting to CEO.
Results:
• 2016-2019 Revenue growth was $30M (or 12% CAGR) in 3 years by designing and implementing Team structure to scale the business from $50M to $250M and executing 3P+V2 Strategy.
• Over 3 years gross margin improved from 24% to 35% by executing Value Creation culture, and enhanced Proposal Development process.
• Improved the entire business’ profitability by 2% by implementing SKU margin reports and SFDC management.
• Won $80M contract at 33% gross margin for 7-year period by driving strategic relationship and Best Value Region internal site solution.
• Successfully completed Tecomet’s 2017 sale process valued around $1.3Billion via Management presentations, due diligence, and direct interaction with top 10 potential buyers (Private Equity).
• Successfully drove inorganic growth strategy by developing M&A funnel and system for all Tecomet to include review of 250 M&A assets over 3 years, due diligence, target valuation, and deal negotiations for 4 assets.
• Successfully drove inorganic growth strategy by developing M&A funnel and system for all Tecomet to include review of 250 M&A assets over 3 years, due diligence, target valuation, and deal negotiations for 4 assets.
Top A&D contract manufacturer. Complex fabrications, precision machining, MRO. Combustors, Cases, Seals, Turbines, Compressors. $500M in Revenue, 12 sites, 2,200 employees in North Americas, Europe, Africa. Owned by Carlyle.
Leading Sales Team efforts for Americas which consisted of 8 global locations and combined revenue of $390 Million annually. The main responsibility is to delight the existing Customers and grow the current $475M sales in strategic manner by working closely with Site Leaders. Responsible for 6 Sales Managers located globally. The Product responsibility included the following Aircraft Engine models: GEnx, GE90-115B, CFM56, LEAP, F135, F100, PW600, PW1000 Series, RR300, Trent XWB, Trent 1000, Frame 6, 7, 9, etc. The key customer relationships: US Government, General Electric, Rolls-Royce Corporation (US and UK), United Technology Corporation (Pratt & Whitney, P&W Canada), MHI, GKN, IHI, ITP, GE Power, MTU and Siemens. Reporting to CEO and VP of Sales and Marketing.
Results:
• Achieved targeted CAGR of 7% in 2013 and 7.5% in 2014 by implementing Sales strategy and Value creation culture across matrixed teams.
• Achieved largest proposal win of $270M (10 years) by leading Cash flow, cost modeling, and proposal pricing.
• Total Proposals won in 2015 was at $384M at 59%-win rate by implementing SFDC process, team structure and robust negotiation and contract reviews.
• Helped create Corporate 5-year Plan and Repair Strategy by utilizing Market intelligence and analysis tools.
• Achieved top 3 strategic supplier rating from customers by creating elaborate Competitive landscape analysis along with Corporate report for Fabrications and Machining, thus enabling competitive advantage execution and growth.
Leading and managing a highly technical Profit & Loss business unit center with $50M/year in sales at 22% EBITDA. Team consists of 18 direct (engineers, supervisors, planners, quality, finance) and 184 indirect (hourly associates) employees. The product line includes General Electric combustor liners, Pratt & Whitney augmentor module components, Rolls Royce combustors, US Government F100 Flameholders, GE/CFAN Titanium fan blade components, and other complex fabrication assemblies. Main responsibilities are focused on leading the team to successful on-time deliveries while maintaining quality assurance and growing profits, in highly challenging manufacturing/engineering environment. Reporting to Vice President of Operations and CEO.
Results:
• Achieved average 96% OTD for 2008-2011 by creating robust visual boards and daily Gemba walks.
• Maintained inventory at 6 Turns by weekly inventory review and MRB reduction.
• Achieved 10% CAGR in Revenue by successfully managing NPI with minimum of 10 projects.
• Improved overall business unit profitability from 15% to 22% by weekly management and improvement of worse performing products.
• Helped quality team achieve 98% Quality rating by successfully implementing FTY and 6 Sigma methodology.
• Supported entire business’ execution by Special Process responsibilities: Acid line, Press department and Airflow
• Led weekly Supply chain management via OTD, cost and quality management thru purchasing organization.
Tasked with project management for the General Electric combustor product line $22M/yr in sales (GE90-94B, GE90-115B, GP7200, CFM56, GE90-94B PEC, F110, CF34-10) and many NPIs. Responsibilities include engineering support, manufacturing support, lean manufacturing implementation, creation of robust manufacturing processes, program and delivery management, product management, and incorporation of design changes. Supervised 6 engineers. Reporting to Vice President of Engineering and CEO.
Results:
• Achieved 20% cost reduction by setting up continuous improvement processes and weekly product profit review.
• Improved quality from 80% to 93% by completing 7 Six Sigma projects.
• Improved quality by reducing scrap 10% and rework by 30%.
• Improved quality by reducing scrap 10% and rework by 30%.
• Launched 17 New product introductions (NPI) by developing a robust NPI process and monthly reporting process.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. $21B in Revenue, 39,000 employees across 160 different countries. Public Company.
Member of CIPT (Component integrated product team) for F100 (-229/-220) and other operational military engines. Field support for the entire turbine section of the engine. Duties include: field investigations, customer support, hardware trending for quality and durability purposes, and analytical component inspections (ACI) required by P&W or customer. Constant interaction with mechanics, engineering, customer support personnel and upper management. Main customers were US Air Force and US Government (within Tinker AFB).
Project management and repair development of about 30 new products as part of future business expansion. Main duties include: repair development, schedule control, project implementation, resource and budget allocation management. Component repair development for JT8D, JT9D, F100, V2500 and PW4000 engines under FAA-SFAR36 authority. Direct interaction with customers, handling of customer-specific pricing/bidding and creation of long term agreements. Part of EH&S council, Process risk analysis chairman. Managing Third Party Logistics Negotiated Contract worth $3M over 3-year period, end result savings of over $600K per year.
Leading a team of 22 Union employees, delivering $2.5M/month in revenue at 18 days TAT or better. Constant interactions and planning with engineering and upper management. Management of employees, product quality, turn time, cost reduction, inventory monitoring/reduction and customer satisfaction. In charge of employee performance evaluations and individual development plans. Product line consisted of F100-229 and -220 combustor casings and PW4000 fan casings.
Project management of all 2nd commercial turbine blades (15 different products). Managing constant connection between engineering and manufacturing. Active support to Product Center, Component IPT (Integrated Product Team) and Management IPT. Key player for PW4000 94”/100” new 2nd blade implementation (Vendor transition). Cost Reduction IPT Leader: casting cost, one piece flow, machines and processes optimization, overall circa 27% cost reduction.
PW4168 2nd Blade – Durability analysis (stress corrosion cracking investigation and failure analysis). High Speed Civil Transport 1st, 2nd, 3rd turbine blades. Created Flow Solver spreadsheet as a part of process improvement.
GE Certified Six Sigma Black Belt, Pratt and Whitney ACE Training certified, ANSYS, MIT’s gas turbine engine performance, Pratt & Whitney’s Achieving Competitive Excellence (ACE) and 2-year AEDP (aftermarket engineer development program) certificates
Software: Microsoft Office (all applications), Syteline MRP, SalesForce.com, Devensoft M&A, Special Skills: Operational expertise in Sheet Metal fabrication, NC turning and milling, Punch Press, Braze, EB Weld, Resistance Weld, Tig Weld, NDT, airflow, EDM and Laser cutting and drilling), Vacuum Heat Treat, Hot Press forming, forgings, castings Thermal Barrier Coating and Acid Cleaning. Materials: INCO718, INCO625, HAST-X, HS188, HS230, Titanium.
Fluent in Serbian, Croatian and Bosnian. Conversational Spanish.
Sports: Tennis (NTPR rating 4.5) and Golf Gourmet cooking and Travel Sigma Alpha Epsilon fraternity Entrepreneur (wine import, furniture retail, and robot assistant for businesses) thru Global Needs LLC.
John Flannery (ex-CEO General Electric, Managing Director Charlesbank)
Mark Kemp (CEO EPTAM and ex-CEO Tecomet, ex-President Medical Division Flextronics)
Scott Kirkendall (Blue Sea Capital, Partner)
David Golde (Genstar Capital, Managing Partner)
Leslie Peters (COO Hemotek, ex EVP Sales Paradigm Precision)
Frank Finelli (Carlyle Group, Managing Director)
Peter Nicholas (BOD member Turbopower)