Lawrence A. Pearlman Phone: 610-***-****
** ******* ****, *********, ** 19083 *****.********@*****.***
Senior Executive ~ CEO & COO
Strategic Planning / Business Development / Operations Management
Results-driven executive with exceptional leadership skills and expertise
managing operations, finance, sales and marketing, in startup, turnaround,
and growth environments. Proven track record of acquiring, building, and
restructuring businesses including financial analysis, capital raising, and
staff development. Analytical, strategic, and conceptual thinker able to
generate new ideas and initiate change. Resourceful problem solver with
proven ability to identify and implement effective processes and solutions.
Articulate communicator, with exceptional interpersonal skills to
effectively lead and mobilize cross-functional teams to accomplish
objectives and meet critical deadlines.
Core Qualifications
Corporate Growth & Strategic Planning & Operations Management
Development Execution
Sales & Marketing Customer Service Business Reengineering
Management
Consumer Trends & Branding Profit Enhancement Business Acquisitions &
Startups
Professional Experience
Leroma Property Co. Chino, California 2004 - present
Real estate Management Company, that manages 13 storefronts in retail strip
mall.
Vice President - Business Development
Responsible for locating acquisition and leasing opportunities for
commercial real estate applications, in the Delaware valley area as well as
Southern California.
American Realty Capital, Jenkintown, PA 2008 -
2009
American Realty Capital primarily invests in single-tenant, freestanding
properties throughout the United States, that are net leased on a long-term
basis to investment-grade and other creditworthy tenants.
Managing Director
Managed Investor relationships, cultivated new client opportunities
resulting in increased investment in REIT. Implemented strategy and
directed a sales team to sell REIT exclusively to Registered Investment
Advisors, a new segment of ARC's marketplace.
Selected Achievements:
> Worked with internal sales force to improve employee effectiveness and
increase productivity. Results reflected in a 100% increase of daily
appointment bookings.
> Developed first "Chairman's Conference," bringing ARC's Executive Team
together in panel discussions with high-prospect broker dealers and
Registered Investment Advisors. Success of event led to planning regular
series of conferences nationwide.
> Company targeted corporately held properties where their primary business
was located in bank buildings, fast food operations and government
agencies. The U.S. Postal Service, and Smith Barney/Citibank were at the
top of the REIT's list for a number of years. In my role as "rainmaker",
and through my connections and relationships, was able to solidify lead,
and take it to proposal.
M.L. Lawrence & Co., Haverford, PA 1983 - 2008
Established and operated prestige-label clothing store servicing 5,000 of
the Philadelphia region's most prominent businesspersons and professionals
for 25 years.
Principal
Developed business, marketing, and advertising plans, and managed "open-to-
buy" plans, monthly and annual sales goals, and operating budgets.
Established contracts with Philadelphia television networks, consulted for
and wardrobed news anchors and executives. Hired and managed staff, created
staff development programs concentrating on accountability, standards of
excellence, product knowledge, communication skills (with extensive focus
on effective phone communication), and thorough follow-through. Created
and managed marketing and advertising strategies, including radio, print,
billboard, and direct mailings. Responsible for locating retail sites and
lease negotiations.
Selected Achievements:
> Pioneered retail expansion in downtown Philadelphia. Expanded business
by relocating to the Main Line in 1986. Secured a tenant for our
landlord, PSFS Bank sold lease to finance move to the suburbs and set up
women's division. Doubled square footage, installed full-scale tailoring
shop, added women's division, and increased sales volume by 50 percent
within one year. Increased sales by over five percent annually to $2.5
million.
> Recruited, Retained and Developed successful store managers. Retention
rate was 6-7 year average, well above industry standard. Managers were
highly sought after, and recruited by high visibility specialty stores
such as Bloomingdale's and Paul Stuart, nation networks such as ABC News,
and high-profile celebrities.
> Recruited, Retained and Developed a high level sales staff for
consistency in the relationship between client and staff by offering
flexible schedules, seminars on product knowledge and providing
professional sales training and weekly sales and service sessions
conducted in house. Staff development programs created higher customer
shopping frequency, more sales by appointment and more trunk show success
leading to higher sales.
> Faced with the introduction of many high-end stores coming into the
market all carrying overlapping vendor structures, we experienced a 10%
decline in previous years sales. We initiated a turnaround process to
earn back our client base. We recovered our business and normal growth
by increasing customer contact, held a series of special events, revamped
our entire store presentation and image, presented a more international
collection of clothing and a much sharper store presentation. This
resulted in a recapturing of 100% of lost revenue within 120 days.
> Changing clothing patterns and habits forced a reexamination of the very
foundations of our Men's Clothing Business, the trend away from suits and
sport coats to corporate casual wear. Implemented a restructuring of our
core business model, shifted our square footage (how we used our real
estate) to reflect the changing trends and offered a much deeper
collection of high end casual wear, resulting in a return to prior period
sales levels.
> Faced with a paradox of limited amount of square footage in our women's
dept., and great interest and potential. We created a series of Trunk
Showings and Special Events, which allowed us to sell to more women of
different sizes and tastes than we could accommodate in the square
footage we had. These were important "Cash Flow Raisers", created COD
transactions, and scheduled during our off seasons and added 20% to our
annual women's sales volume.
> Successfully launched a satellite operation in downtown Philadelphia that
focused on Men's Haberdashery and assorted sportswear to further gain
market share. Increased business, and confirmed to test market that the
concept could be duplicated. Opening the Haberdashery produced an
opportunity for better buying power, better terms of payment, increased
new customers for both stores, and confirmed vision of the power of the
custom/made to measure business. This also led to the launching of a
very successful Trunk Showing business.
> Increased competition from the "High End" Department Stores and better
specialty stores moving into the area, which were carrying a very similar
vendor structure and in some cases offering a more extensive collection
and putting pressure on the overlapping vendors to pull their product
from our store. We created an M.L. Lawrence Private Label, sourced new
resources with equal or better quality. This positioned our store as an
established brand, increased our markup and gave the store a more
International flavor.
> Created and deployed a specialized personal shopping service, which
consisted of a personal gifting intake, managed their gift lists and put
together all of their choices and selections brought to client's home.
Merchandise was wrapped, delivered or shipped to their client list. This
created repeat business and increased our holiday business by 10%.
> Created a partnership with the Arts Community in Philadelphia for a
mutual benefit. Partnered with the Arden Theater Group and the
Philadelphia Museum of Art (helped promote the Matisse Exhibit). Created
a win-win...High visibility with high-end client and creation of new
clients.
Education
Bachelor of Arts in Political Science - 1974
University of California, Los Angeles, CA
Organizational Affiliation
Philadelphia Futures, (2006 - present)
Organization identifies, mentors and scholarships children of color. PF
provides mentoring and academic enrichment programs to prepare these kids
for college and help place them in college. PF provides tuition assistance
and continued mentoring through college. Futures High School graduation
rate is at 98% and 42% go on to attain a 4 year degree in contrast to 11%
graduation rate for low-income, first-generation-to-college students.
Board Member
Raised $75,000 donation from family foundation as part of board outreach.
An M.L. Lawrence annual holiday shopping event to support PF, an academic
enrichment and mentoring program for deserving Philadelphia public school
students. Event generated over $75,000 over eight years and attracted
major donors and mentors to the program.
Currently in the third year of mentoring a student, that will be a senior
spring 2010.Currently working with him in the college selection process and
will continue to work with him through college.
American Liver Foundation (2003 - 2005)
Board Member
Chaired search for new Executive Director, Philadelphia Chapter
Hosted shopping nights to benefit the American Liver Foundation, raising
$8,000.
Germantown Cricket Club (2000 - present)
Member
Community Involvement
Key donor to Coaches vs. Cancer annual event. Worked with St. Joseph's
University coach and customer Phil Martelli.
Partnered with SELAM, a women's medical professional organization. Helped
to increase membership, generate media attention, and raise donations over
$8,000.
Recognized by The Leukemia Foundation for sustained commitment and service
Awards
Recognized by Philadelphia Magazine as "Best Men's Store"
Won numerous "Best of Main Line" awards from the Main Line Times, Main Line
Life and Main Line Today between 1986-2008
Recognized by the Mayor's Office for entrepreneurial leadership in
developing business in Center City Philadelphia.
Received Peco Energy Award for leading small businesses in promoting wind
energy.