C. David Lindsay
Tel: 941-***-****
Parrish, Florida 34219 E-mail: abhv3e@r.postjobfree.com
Mobile: 941-***-****
. P&L Responsibility . High-Volume
Manufacturing
. Strategic Planning . Turnaround Management
. Reengineering . International Experience
A driven executive with exceptional leadership, general management, and
manufacturing talents. Tireless in the pursuit of maximum growth and
shareholder value, provided the vision, leadership, and innovation that
turned around 3 companies and ignited sales and profits at 2 others.
. Turned around $10 million glass brokerage business losing $2.5 million
over 5 years, delivering $20,000-$30,000 monthly profit within 6 months.
. Turned around $30 million multi-plant manufacturer of fasteners and
tapes, generating first domestic profit in 2 years; concurrently,
transformed Manila operation's $900,000 annual loss to breakeven in 3
months.
. Turned around $5.7 million glass fabricator, producing profit in 12
months after 2 years of $1+ million annual losses.
. Drove annual revenues of glass fabricator from $4.7 million to $9
million in 18 months while increasing profit from 7.2% of sales to 18.5%.
. Grew annual sales of apparel manufacturer from $15 million to $40
million.
. Implemented major changes in operations at all companies, delivering
exceptional metrics.
. Increased productivity 40%.
. Reduced scrap 33%, inventories 66%, lead time 33%, cycle time
90%, returns 85%, and customer complaints 82%.
. Decreased late orders from 87% to less than 2%.
An innovative and energetic executive, skilled communicator / team builder,
and adept negotiator with repeated successes in diverse industries. Proven
ability to analyze businesses, operations, products, markets, and growth
opportunities, then introduce strategic and tactical solutions that improve
competitive performance while increasing sales and profits. Recognized as a
highly principled leader. Consistently recruited throughout career.
Extensive travel, including off-shore, the UK and Far East, and South
Africa.
EXPERIENCE
Corvest SPV, LLC, Largo, FL. 2007 - 2009
$34 million, 3-business-unit company selling ad specialty products
nationwide to a diversified customer base ranging from small businesses to
Fortune 500 accounts.
Director of Business Intelligence
Selected by CEO to start up and lead company's first Business Intelligence
(BI) function, with mission of reducing costs, increasing operating
efficiencies, and improving productivity.
. Developed holistic BI architecture; worked across applications teams
organization-wide to ensure an enterprise view of Bl; designed BI
processes, methods, and metrics; and managed global BI resources in on-
shore-off-shore delivery model.
. Saved company a projected $4.8 million a year within 6 months, plus
consolidated 3 separate business units into a single enterprise in less
than 3 months.
. Improved management capability organization-wide.
AGI/USA Fabrication, Inc., Bradenton, FL. 2004 - 2007
U.S. subsidiary of AG Industries, a $3 billion South Africa-based company
with locations in Bradenton, Miami, Boynton Beach, and Longwood, FL.
Subsidiary purchased glass and mirrors from manufacturers, then resold to
glass dealers throughout state of Florida.
President
Recruited by executive management in South Africa to turn around this
business losing $2.5 million over 5 years and with loss rate accelerating
due to declining sales and shrinking margins. Held P&L responsibility for
all operations, overseeing up to 33 personnel through CFO, VP-Operations,
and VP-Sales. Reported to COO of parent company.
C. David Lindsay
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. Rigorously analyzed operations, then developed and implemented strategic
turnaround plan.
. Halted losses in 6 months, delivering monthly profit of $20,000-$30,000.
. Replaced management team with high-performing executives and leaders.
. Reduced procurement costs 25%.
. Identified unprofitable products and discontinued from line.
. Closed Miami and Boynton Beach plants, reducing headcount 50%.
. Traveled to corporate office in South Africa to work with Board Members
and COO of parent company.
. Purchased company from the parent through an LBO.
Stayfast, Inc., Uriah, AL. 1999 - 2004
$30 million manufacturer and distributor of fasteners, tapes, and
components for the intimate apparel trade, with manufacturing plants in
Alabama, Manila, and Mexico and a dyehouse in New Jersey.
Executive VP - Operations, 2001 - 2004
P&L responsibility for all operations, overseeing 1000 personnel through
Managers of Customer Service, Production, Quality Control, Purchasing /
Warehousing, Mechanical Engineering, MIS, the Controller, and 2 Directors
of Operations, one based in Manila and the other in Mexico. Reported to CEO
of holding company.
. Recruited by CEO to turn around underperforming Alabama operation
experiencing negative cash flow and severe customer problems due to late
deliveries and poor quality.
. Rigorously analyzed operations, then introduced systems, procedures, and
controls, including JIT, cellular manufacturing, and enhanced purchasing
methods, that dramatically improved performance while transforming
organization into customer-focused enterprise:
. Reversed annual cash flow from -$115,000 in 1999 to +$329,000 in 2002.
. Reduced scrap 33%, increased productivity 40%, and decreased
inventories 66% while reducing setup time 10%, lead time 33%, and
cycle time 45%.
. Decreased late orders from 87% to less than 2%.
. Developed and implemented formal Quality Control Department, plus
improved equipment maintenance, reducing returns 7.21% and customer
complaints 82%.
. Improved Stayfast's certification score with Sara Lee (largest
customer) from 49.20% to 96.57%.
. Developed manufacturing partnership with UK-based Worthington, personally
negotiating transfer of equipment with Worthington's President, CFO, and
VP-Manufacturing.
. Achieved ISO 9000-equivalent certification.
. Transformed $900,000 annual loss in Manila to breakeven in 3 months:
. Drove annual profit of Mexico operation from $500,000 to $1 million.
Vice President, 2000 - 2001
General Manager, 1999 - 2000
Contour Industries Incorporated, Surgoinsville, TN. 1997 - 1999
$8 million glass fabricator shipping to international markets and employing
120 personnel.
President
Hired by absentee owner with mission of turning around company losing $1.2
million a year, then selling the business. Held P&L responsibility for all
operations.
. Redirected strategic growth plan.
. Restructured manufacturing while increasing annual revenues from $5.7
million to $8 million and delivering profit within 12 months, resulting
in sale of company in 2 years versus goal of 5 years.
. Led company into Mexican market, landing leading accounts, including GE
and Hewlett-Packard.
. Resolved EPA violation with potential fines in the millions of dollars,
settling for only $8,000.
. Reduced lead time 23%, improved on-time shipping from 65% to 95%,
decreased scrap 35%, reduced returns 85%, and lowered labor costs 30%.
. Received certification from ISO-certified customers.
Commercial Insulating Glass Company, Sarasota, FL. 1995 - 1997
Glass fabricating company employing 120 personnel.
General Manager
P&L responsibility for sales, marketing, production, finance, accounting,
and MIS. Reported to owner.
. Introduced new strategic sales plan that drove annual revenues from $4.7
million to $9 million while growing annual profit from 7.2% of sales to
18.5%, exceeding goal by 35%.
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Page 3
. Increased manufacturing productivity 100%, plus streamlined company,
decreasing headcount 50%.
. Improved on-time shipping 20% and reduced returns 86%.
King Louie International, Grandview, MO. 1984 - 1994
$40 million manufacturer and distributor of high-quality promotional
apparel, with 5 plants and 800 employees.
VP - Manufacturing / Member, Board of Directors
P&L responsibility, overseeing 800 employees through 15 Managers of
Production, Quality, and Purchasing. Reported to President.
. Revamped manufacturing, leading to sales growth from $15 million to $40
million while profits grew 100%.
. Expanded production operations from 3 plants to 5, improved manufacturing
processes and product quality, plus installed new inventory control
system.
. Set up manufacturing in Haiti, achieving 35% reduction in production
costs.
. Introduced new production process that reduced cycle time 90%.
. Increased on-time shipping 21%.
. Upgraded management and production personnel organization-wide while
implementing continuous training.
. Initially hired as Director of Manufacturing, responsible for reversing
company's poor quality and efficiencies as well as adding new product
lines.
Previously, held progressively responsible manufacturing management
positions with Lion Uniform, Williamsburg, KY; Kellwood, Sunbright, TN; and
Imperial Reading, LaFollette, TN.
EDUCATION
B.S., Industrial Technology, Tennessee Technological University,
Cookeville, TN.
AWARDS
Commonwealth of Kentucky Award, presented by Governor John Y. Brown for
outstanding economic development for the state while managing two
manufacturing facilities.
State of Tennessee - Colonel aide de Camp, Governor's Staff, for saving a
closed plant and preserving 200 jobs.
State of Oklahoma - Territorial Marshall, presented by Governor David L.
Walters for outstanding economic development while managing 5 plants in 4
states.