Supply Chain Sales

John F. Vaeth

**** ********** ***

Roanoke, VA **014

540-***-**** (C)

**********@*****.***

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Executive Profile

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Excellent financial, operational, and business development skills derived

from over 20 year's experience as a Controller in addition to

responsibilities in Operations/Supply Chain management in varied

manufacturing operations.

Resourceful senior level executive capable of recognizing and then

capitalizing on opportunities.

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Areas of Expertise

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Standard Cost Accounting ERP Implementation Supply Chain &

Operations Mgt

P&L Responsibility Acquisitions & Divestitures Strategic

and Financial Planning

Working Capital Mgt Inventory control and Mgt Financial

Analysis & Reporting

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Experience and Accomplishments

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Virginia Transformer Corp., 2009 - Present, Corporate Controller

. Responsible for financial reporting of three manufacturing plants, in

Virginia, Mexico and Idaho.

. Standardized Cost Accounting policies and processes among the three

plants.

Trigon Development, LLC, 2006 / 2009, VP Finance

. Negotiated Acquisition, Development and Construction Loans for this high-

end Land Developer and Home Builder.

. Liaison with tax accountants and auditors for five operating LLC's.

. Developed Proforma Cashflow Statements, developed cost estimates and

tracked via a cost accounting system, then reported cost variances by

project line item.

Sam Moore Furniture, Division of La-Z-Boy Inc., 2001 / 2006, V.P.

Controller

. Managed Finance, Supply Chain, Information Technology, Customer Service,

and Human Resources for this custom Chair manufacturer.

. Responsible for Financial Reporting to Parent Company Executive

Committee, formulation and execution of Strategic and Annual Operating

Plans, Supply Chain process (Sales and Operations Planning).

. ERP Business Team Lead for Discovery, Selection, Implementation of JD

Edwards ERP system.

Accomplishments

- Designed cost accounting system to track contribution margin

profitability by customer, SKU and channel of distribution. Positively

impacted financials through reduced working capital investment and

providing management focus on supporting higher margin customers and

SKU's.

- Provided plant management with cost accounting and perpetual inventory

variances leading to improved bill of materials, pricing accuracy, and

driving an accurate MRP system.

Bunker Hill Foods, Division of Castleberry/Snows Brands Inc, 1989 / 2000,

VP General Manager (1997 / 2000)

. Promoted in 1997 to manage co-pack sales, plant manufacturing operations

and related functions for this distributor of regional branded, private

label, and contract packaging of food products.

. Corporate Executive Committee Member, with oversight of three plants and

sales of $160 million. Developed strategic and tactical plans, including

both long and short term financial and operational goals.

Accomplishments

- As Acquisition team lead, completed four acquisitions over a five-year

period, doubling sales and manufacturing capacity. Responsible for

strategy, due diligence and post-acquisition (purchase) accounting.

Successfully achieved and exceeded payback opportunities.

-- Developed and implemented strategic plans to successfully integrate

business to new parent company; managed transition while leveraging

synergistic opportunities through shared services.

John F. Vaeth Page Two

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Bunker Hill Foods, Division of Castleberry/Snows Brands Inc, (Continued)

VP of Administration - 1993 / 1997

. Maintained Controllership responsibility and assumed P&L responsibility

and decision making authority for purchasing, inventory control, plant

scheduling, logistics, customer relations, commodity meat purchasing and

contract negotiations.

. Managed annual purchases of more than $15 million of perishable/non-

perishable products.

- Effectively utilized commodity futures and future contracts to

purchase commodity products at prices consistently below market.

- Reduced working capital investment over 25% through better inventory

management, negotiation of longer payable terms, and shortened receivable

cycles.

Controller - 1989 / 1993

. Managed total financial reporting function, applying expertise in

budgeting, cost accounting, pricing, analysis and auditing.

. Performed due diligence and identified synergistic opportunities relating

to acquisitions.

. Consulted regularly with outside professionals to ensure reporting

compliance and accuracy.

- Introduced new overhead allocation systems resulting in elimination

of SKUs, reduced complexity, leading to increased profitability and lower

working capital investment.

Moore's Home Centers - 1982 / 1989. (Retailer of building materials with

annual sales of $350M.)

Financial Systems IT Analyst - 1987 / 1989

. Evaluated potential and existing computer applications and recommended

mainframe / PC solutions to effectively support the corporate offices of

this $350 million dollar business operation.

. Wrote programs, trained users and monitored network performance.

- Developed and introduced a distribution center locator program to

facilitate tracking of more than $125 million in inventory with 6,000

SKU's.

Senior Financial Analyst - 1984 / 1987

. Worked directly with senior management to identify direction, prepare

annual financial plans and process income and cash flow statements,

balance sheets and capital plans.

. Formulated budgets for 120 profit / cost centers, prepared capital

appropriate requests and projected weekly cash flow on a total of $700

million annually in receipts and disbursements.

. Provided flash and re-forecasted profit and loss, balance sheet and cash

flow statements each period.

STAFF ACCOUNTANT - 1982 /1984

. ASSISTED IN PERIOD AND YEAR-END GENERAL LEDGER CLOSING PROCESS, INTERFACE

WITH EXTERNAL AUDITORS.

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Education, Affiliations, systems and Community Service

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. Virginia Tech - Blacksburg, Virginia

Bachelor of Business Administration - Major: Accounting

. Completed extensive food processing training including:

Clemson University - Better Process Control School; Virginia Tech -

HACCP Certification

. Information Technology proficiency includes networks and PCs, Windows XP,

MS Office, PeopleSoft Enterprise One World ERP, Hyperion Financials, Sage

MasterBuilder

. Completion of Michael Hammer's Managing the Enterprise Process

. Oliver Wight's Sales and Operations Planning

. President, Bedford Industrial Management Council

. Commissioner, Bedford City Planning Commission

. Trustee, Bedford Community Health Foundation

. Treasurer, Bower Centre of Arts and Culture

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