Barry A. Smedstad
Atlanta, GA 678-***-****
www.linkedin.com/in/barrysmedstad abik8k@r.postjobfree.com
Senior Human Resources Leader
Demonstrated Strengths in Growth, Restructure, & Turnaround Situations
Skilled at forging partnerships to accomplish critical strategic business
initiatives. Adds value with unique breadth of experience and expertise in
all aspects of HR. Recognized as a hands-on leader, comfortable from the
shop floor to the Board Room. Delivers multi-million-dollar cost savings
through designing and delivering effective, efficient HR programs in
challenging business conditions. Key competencies include:
. Talent evaluation and acquisition at Executive and Senior
Management levels
. Labor agreement negotiations and maintenance of union-free
status
. Building organizational performance through relationships with
Operations Management
. Proactive management of competitive employee benefits programs
. Assessment and efficient integration of acquired business units
Professional Experience
CARAUSTAR INDUSTRIES, INC. Austell, GA 1998 - 2010
$1 billion manufacturer of recycled paperboard and packaging.
Vice President and Chief Human Resources Officer
Recruited to Executive Management team during a period of extraordinary
growth to provide knowledgeable leadership and upgrade the corporate human
resources function. Directed all aspects of human resources for 6,000
employees at 90 locations in the United States and Canada.
Significant Achievements
. Realigned a decentralized corporate HR function into a centralized
business-focused department to reduce internal barriers to high-quality
service delivery. Significantly improved professional capabilities and
eliminated $2 million in departmental expense.
. Played a central role in upgrading Executive Management team by sourcing
and recruiting Chief Operating Officer (now CEO), Chief Financial
Officer, Senior VP of Operations, and VP and General Counsel.
. Conducted HR due diligence for multiple major acquisitions and
successfully integrated acquisitions with 1,500 employees and $300
million in sales.
. Directed critical HR support for the "Transformation Initiative" - a 3-
year project to rationalize facilities, refocus on core businesses, and
reduce debt. Impact was closure/sale of 30 facilities, $40 million cost
reduction and debt retirement of $200 million.
. Consolidated multiple healthcare plans, instituted aggressive plan
management and employed best practices to mitigate extraordinary
healthcare cost escalation. Achieved 5 consecutive years of zero or
declining healthcare plan costs and a cumulated $40 million decline in
expected expense.
. Served as primary Executive Compensation resource for the Board of
Directors Compensation Committee. With Committee approval, implemented a
revised executive compensation structure to attract and retain key
leaders, including performance-based short-term cash incentives as well
as long-term equity, supplemental retirement, and non-qualified deferred
compensation plans.
. Addressed major retirement plan cost issues by freezing the Defined
Benefit Pension Plan and restructuring the Defined Contribution Plans to
generate projected expense savings of over $50 million.
Barry A. Smedstad
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. As Chief Spokesperson, negotiated 28 separate labor agreements with
highly competitive settlements while retaining operating flexibility.
Defeated aggressive organization attempt by the Teamsters.
. Developed messages and materials to guide the response to employee,
customer and vendor matters during the 2009 financial restructuring and
emergence. Communications programs fostered positive employee morale and
a renewed business focus.
BOXUSA, Valhalla, NY 1997 - 1998
$500 million corrugated packaging manufacturer with 2,800 employees and 28
facilities.
Vice President, Human Resources
Recruited by new CEO after a major acquisition to establish proactive HR
function to support a more aggressive, performance-based corporate culture.
Significant Achievements
. Personally sourced and staffed executive manpower requirements including:
COO, CFO, VP Sales & Marketing, two Regional VP's, 5 General Managers and
2 Staff Department Heads.
. Restructured corporate benefits programs into a more competitive, cost-
effective benefits platform and reduced annual costs by $500K.
. Initiated company-wide performance and career management review systems
to better identify and assess key personnel resources for current and
future talent needs.
. Managed sensitive labor relations matters involving concurrent closing of
two plants, sale of two other plants and merger of two facilities in
close proximity. Rationalization process was completed without customer
service disruption and loss of key personnel.
. Revised corporate compensation programs, creating new salary structure,
upgrading operations and sales incentives, and adding new executive
reward programs to facilitate retention of key personnel in an extremely
competitive labor climate.
BAXTER HEALTHCARE CORPORATION, Edison, NJ 1996 - 1997
$10 billion diversified health products manufacturer.
Director of Human Resources - Northeast Region
Senior HR Manager recruited to orchestrate a strategic realignment of
personnel resources in the NE Region. Also challenged to reorganize all
core sales, service and operating functions in conjunction with a corporate-
wide High Performance Organization initiative. Successfully accomplished
redesign of workforce planning, staffing, training and management
development programs for multiple distribution and sales facilities
producing annual cost savings of $2 million. Concurrent and equally
significant responsibility as HR generalist for the entire region.
FEDERAL PAPER BOARD COMPANY, Montvale, NJ 1985 - 1996
$1.8 billion paper and packaging manufacturer with 7,000 employees.
Corporate Director - Labor & Employee Relations
Key member of corporate management team responsible for HR and labor
relations programs for all domestic and international operating businesses.
Significant Accomplishments
. Directed HR matters for multiple corporate restructuring and growth
initiatives involving the closure/sale of 14 facilities with $400 million
in sales and acquisitions with $300 million in sales. Created and
implemented personnel plan for efficient and on-time start-up of three
manufacturing plants with annual sales exceeding $100 million.
Barry A. Smedstad
Page Three
. Provided ER support to international operations including joint venture
in India, paper manufacturing operation in Scotland and start-up of a
London sales and distribution center.
. Negotiated over 25 labor agreements and obtained concessions at two
financially troubled facilities to reduce plant operating cost by over $2
million.
. Defeated nine organization attempts by Teamsters, Autoworkers and
Steelworkers and introduced proactive union avoidance systems to prevent
future union activity.
. Coordinated division-wide reengineering plan for $300 million packaging
manufacturing subsidiary. Over 3 years, eliminated 400 positions with
total cost savings of $16 million.
CONTAINER CORPORATION OF AMERICA 1976 - 1985
$2 billion subsidiary of Mobil Corporation with 20,000 employees and 130
operations.
Manager, Human Resources - International M & R, Mobil New York (1984 -
1985)
Directed strategic staffing and organizational development activities for
marketing and refining operations in 120 countries. Managed employee
relations events for operational restructuring, including the closing of a
German refinery and a London regional office. Developed computerized
database to efficiently track and access over 2,000 foreign nationals
available for international assignment.
Group Manager - Human Resources and Corporate Manager, Career Development,
Training & Recruitment - Chicago (1982 - 1984)
Primary professional resource for all HR matters for Mill and Converting
Business Group with 4,000 employees at 41 plant and regional facilities.
Promoted to staff position to manage corporate-wide professional
recruitment, manpower planning, training/organization development and
employee relocation. Chaired project team benchmarking corporate staff
utilization and developed/implemented staff downsizing plan resulting in
the elimination of 200 staff positions and $11 million of expense.
Previous experience in Southeast U.S. Paper Mill and Lumber operations from
1976 - 1982. Promoted from Assistant Personnel Manager to Employee
Relations Manager to Regional Employee Relations Manager for 2,000-
employee, multi-site paper manufacturing/converting and lumber
manufacturing/distribution businesses.
Military Experience
U.S. Navy Supply Corps Officer
Education
Bachelor of Arts in Economics, Willamette University, Salem, Oregon
Graduate Coursework at Cornell and Georgia
Professional Affiliations
Career-long member of SHRM
Human Resources Policy Association
Human Resources Leadership Forum