Sobieski, WI *****
Phone: 920-***-****
Cell: 920-***-****
CHIEF FINANCIAL OFFICER
Start-up, Turnaround, and High-Growth Operations
A high-impact, accomplished Senior Executive with a successful career
demonstrating visionary leadership, expertise, and distinguished
achievements. A catalyst for change, combining tactical execution of
strategic initiatives with strong leadership revitalizing a company's
organizational infrastructure, products, technologies, processes,
measurement systems, and accounting/finance strategies. A leader with an
interactive, motivational, decisive management style who is assertive,
competitive, intuitive, and innovative achieving expected results.
Strategic & Tactical Planning Budgeting, Pricing
& Cost Control
Team Building & Leadership ERP/MRP/System
Implementations
Mergers, Acquisitions and Divestitures Establish Goals,
Measures & KPIs
Cash Flow and Profitability Management Bank Relations and
Reporting
Continuous Improvement Practices-Lean Organizational
Leadership & Development
ROI Team Accountability Legal & Contract
Negotiations
PROFESSIONAL EXPERIENCE
CFO AFFILIATES -- Sobieski, WI
(Business advisor for small and medium size companies providing support to
executives and management)
Principal Advisor, 1993 to 2002, 2009 to Present
Provide owners and management with financial advisory services, strategic
business planning, financial reporting development, capital structure and
investor relations, financial budgeting and forecasting, turnaround
planning & implementation, ERP/MRP/LEAN implementation, risk management
advisory services, internal control enhancement, executive search and
placement, and interim and/or part time CFO/Controller services.
. Prepared business start-up plan and sourced funding for a wheat board
manufacturer and later met all sales and profitability objectives
within the first year of operation.
. Developed a strategic business plan for a private jet seat
manufacturer to aid in an IPO attempt, attaining a bridge loan of $5
million in subordinated debt.
. Developed and implemented a successful turnaround plan for an
industrial table-top manufacturer improving profitability from a
substantial operating loss to 20% operating profit.
. Prepared and implemented a turnaround business plan for a lumber
processing company. Refinanced the company and made the appropriate
changes within the management staff. Sales grew from $24 million to
$70 million.
ORT COMPANIES -- New London, WI
(Lumber and building products companies with combined sales in excess of
$100 million)
Chief Operating Officer, Aacer Flooring, LLC, 2007 to 2009
Chief Operating Officer/CFO, Wolf River Lumber, Inc., 2005 to 2007
Continued...
MICHAEL L. KOBIELAK, CPA Page 2 of 2
A Senior Operating Executive providing oversight to strategic planning,
acquisitions, financing, legal issues, and communications. Responsible for
the performance of six manufacturing operations, established operating
goals, measures and indicators, established sales channels, implemented
cost-reduction programs with continuous improvement, optimized
productivity, and improved product quality & customer service.
. Implemented Lean Manufacturing Principles and established a team
environment to reduce our manufacturing cost from $.93 per square foot
to $.70 per square foot, a 25% reduction.
. Developed best practices to improve customer service levels increasing
our on-time delivery from 77% to 99%.
. Developed restructure plan and projections establishing a new $15
million line of credit and reduced inventories to increase cash flow
by $9.5 million for future growth.
. Designed and implemented a demand forecast system increasing yield by
15% for the flooring operation.
ASPEN FIXTURES, LLC/CAPITOL, INC. -- Peshtigo, WI
(Retail store fixture manufacturer selling to national and regional retail
store chains)
Chief Operating Officer/CFO, 2002 to 2005
Senior management executive fully responsible for administration, sales &
marketing, manufacturing, engineering, accounting and finance with
approximately 80 employees. Selected to turn around operation and restore
operational stability. Instrumental in the sale of Capitol, Inc. to the
owners of Aspen Fixtures, LLC.
. Consolidated the corporate office into the plant location generating
savings of over $.3 million per year.
. Negotiated and settled a three-year contract with PACE International
Union lowering health costs and other benefits by 20%.
. Established departmental responsibility and redesigned the plant
layout to increase productivity by 18%.
. Developed a foreign sourcing program for our base units reducing
manufacturing costs by 25%.
Prior Positions:
BADGER WOOD PRODUCTS, INC., President/CFO
1992-1993
CAMPBELL SOUP COMPANY-VLASIC FOODS, INC., Controller/Manager Financial
Analyst 1986-1992
MILWAUKEE CHEESE CO., INC., Chief Internal Auditor/Controller
1985-1986
WIPFLI, ULLRICH & COMPANY, Public Accountant
1982-1985
PIKLE-RITE COMPANY, INC., General Manager/Controller
1977-1981
EDUCATION, CERTIFICATION & PROFESSIONAL AFFILIATIONS
Bachelor of Science-Accounting, University of Wisconsin-Green Bay (May,
1983)
Certified Public Accountant, State of Wisconsin (June, 1991)
Lean Leadership Training, WMEP (Wisconsin Manufacturers Extension Program)
Continuing professional development programs in Executive Management,
Leadership, and Finance
Treasurer and Board Member - MFMA, Maple Flooring Manufacturers Association
(Past Member)
Wisconsin Institute of CPA's (Past Member)
Finance Committee, Ss Edward & Isidore Parish (Past Member)
Pulaski & Green Bay Chambers of Commerce (Past Member)
Optimist Club (Past Member)
Computer Proficiency: Windows; Microsoft Office: Word, Excel, PowerPoint,
Project, Outlook, McCormack & Dodge, IMS, MAPICS, AS400, Peachtree,
QuickBooks, Macola MAS90, other ERP/MRP applications
MICHAEL L. KOBIELAK, CPA
Email: *******.********@*****.***