Gary H. Penrod
St. Charles, MO 63304
Work: 314-***-****
Mobile: 314-***-**** Email: abi5el@r.postjobfree.com
Home: 636-***-****
SENIOR EXECUTIVE with diversified corporate and entrepreneurial experience.
Key facets include extensive operational and division experience
supporting manufacturing, engineering, and program development. Have a
proven record of leadership and achievement through business counsel,
market development, team involvement, and management controls.
DEMONSTRATED EXPERTISE
Controllership Lean Implementation
Budget Development and Change Management
Forecasting
Financial Planning and Analysis Capital Investment Oversight
Metric Development Product Program Controls
Consulting Community Relations Interface
Business Process Development Executive Board Member Leadership
Project Management Internal Control and Audit
EXPERIENCE:
Excengin Worldwide, Inc, St. Louis, MO
2008-Present
Managing Director - Operations
Established a start- up company focused on working with US based companies
looking to grow their markets internationally. Responsible for the
overall operations of the company including:
> Developed an export program focused on expanding small and medium
size companies into global markets. Expected outcomes include
growing regional jobs by 1,500 and to generate revenue in excess of
$100.0 million per year.
> Worked with the State of Missouri and regional governments on
developing an export training program.
> Led consulting activity with several clients in the industrial,
technical, automotive, food, and consumer products looking to expand
their markets and attract new investment from overseas partners.
> Responsible for project oversight and interface with our operations
in China.
General Motors Corporation Detroit, MI
Plant Finance Director - Wentzville Truck Assembly Wentzville,
MO 2001-2008
Responsible for the overall financial operations of this truck assembly
facility which generated $3.8 billion in revenue and had an operating
cost of $385.0 million. Supervised and developed a staff of ten analysts
whose responsibilities encompassed payroll, project control, labor
costing, material, internal control, budget and forecasting, and fleet
operations. Provided staff leadership for budget and business plan
development, corporate reporting, and
Gary H. Penrod
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the risk management function supporting all Sarbanes-Oxley reporting
requirements. Led a cross functional leadership team that achieved
numerous corporate and consumer awards along with several state
environmental awards.
> Realized a $109 million dollar improvement from 2001 through 2008,
key enablers included increased productivity, negotiated contract
reductions, supplier changes, lean manufacturing processes and
improved product quality.
> Average annual improvement was 5.7% versus a target of 4.0% during
this period.
> Implemented several best practices:
. Overtime monitoring program, reduced maintenance and start-up
costs. Savings for 2007 were $1.3 million. This process was
adopted by six other facilities and generated an additional $3.5
million in savings.
. Daily checkbook process, tool for reviewing daily plant spending
versus target by spending category, labor, material and scrap.
This program was an enabler for the plant to achieve an $18.5
million savings in 2007.
> Successfully negotiated the first tax abatement for GM with the City
of Wentzville and St. Charles County in 2002. Total saving over
five years was $7.0 million.
> Worked with local and regional taxing authorities to implement a 40%
reduction in personal property and real estate taxes on both
facility and equipment. Total annual savings was $1.6 million in
2008.
> Managed the charitable contributions fund and was the GM-PAC
Treasurer for the State of Missouri.
Controller - Saginaw Metal Castings
Saginaw, MI 1998-2001
Responsible for all accounting and finance activities for this $190.0
million manufacturing facility including budget development, internal
control, payroll, cost management, asset control, and monthly forecast
preparations. Supervised and developed a staff of five analysts. Team
member of the facilities operations staff which included both management
and union leadership; this group was recognized for its progressive
approach to labor relations. The facility also received several awards
for continuous improvement programs, employee communications, quality, and
environmental standards.
> Realized a $25 million dollar improvement over three calendar years
exceeding the goal by 30%. Key cost reductions were achieved
through manpower improvements, machine utilization, and process
controls.
> Established financial goals and objectives by product line and
integrated them into the annual business plan. All objectives were
communicated at the department level.
> Implemented a new plant performance reporting system, provided
standardized reports focused on cost drivers. This system was
integrated into a five other facilities as a common reporting tool.
> Member of the plant contract negotiation team which negotiated a new
living agreement with the UAW leadership. This new approach created
an environment that quickly elevated and resolved labor issues,
generated new cost savings programs, and provided a framework for
the facility to be awarded new products and investment.
Gary H. Penrod
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Finance Manager - V6 Engine Product Programs Flint, MI
1995-1998
Responsible for all accounting and finance activities for this $165.0
million engineering facility including budget development, internal
control, payroll, future program cost tracking, asset control, and monthly
forecast preparations. Supervised and developed a staff of four analysts.
> Provided oversight and support for all V6 Engine product programs.
Successfully reviewed and received approval for a new family of V6
engines, total capital requirement was in excess of $500 million.
> Part of a team that successfully implemented a new common change
management system for three engineering centers and twelve
manufacturing locations. Focused on the product development cycle
and manufacturing process changes.
> Led the Engine Plant Management teams on cost targeting,
benchmarking and continuous improvement programs.
> Implemented a new product line financial reporting process focused
on competitive benchmarking, and cost targeting. All new objectives
were integrated into our facilities in Michigan, New York, Canada,
and Mexico.
EDUCATION:
MBA, Central Michigan University
BA, Major in Accounting, Eastern Michigan University
GM Corporate Training:
. Business Plan Development Seminar - Wharton School
. Change Management Process
. Sarbanes-Oxley Implementation
. Leadership
. Mentoring
. Employee Development
. Lean Manufacturing
. Quality Control Systems
. Negotiations Strategies
BOARD MEMBERSHIPS:
Saint Louis Minority Business Council - Board of Directors
2002-2008
Primary mission is to provide ongoing growth opportunities, financial
support, training and education for its corporate members and for Minority
Business Enterprises (MBEs). Served as Treasurer and was an Executive
Committee Member.
Saint Charles County Economic Development Council - Partners for Progress
Board of Directors
2002-2008
Mission is to grow St. Charles County through partnership with local
government, legislative members, regional organizations, community and
business leaders.