Manager Quality Assurance

DAN W. WITT, MBA

**** ****** **** ***** ********, OH 43560

Home: 419-***-**** ? Cell: 419-***-****

Email: abiptu@r.postjobfree.com

CHIEF FINANCIAL OFFICER - GENERAL MANAGER - CHIEF OPERATING OFFICER

Manufacturing executive with unique combined finance, operations, IT and

international business background in a variety of industries and leadership

roles. Proven record of accomplishments in three leading Fortune 500

companies and two private companies delivering growth, cost savings,

productivity and efficiency improvements.

International Finance Board Reporting Process Optimization

Strategic Planning Financial Systems Cost Control

Financial Analysis Global Entity Structuring Multiple-plant P&L

Acquisitions / Turnaround Strategy Budgeting

Divestitures

PROFESSIONAL EXPERIENCE

CENTURY DIE COMPANY, Fremont, OH 2008-Present

Privately held designers, engineers and manufacturers of tooling primarily

for the liquid packaging industry. Certified specialty metalworking for the

high-tech and defense systems industries.

Vice President and General Manager (2010-Present)

Responsible for total company oversight including operations, engineering,

finance, IT and materials management. Full P or L accountability.

Vice President and Chief Financial Officer (2008-2010)

Member of a three person executive team to identify new business segments

and turn around strategy to return the company to profitable levels.

Develop strategy to transition business ownership with management equity

participation.

. Develop financing strategy to facilitate dual operation manufacturing

conversion to state-of-the-art CNC manufacturing environment.

. Develop financial reporting and analysis and streamline information

systems to deliver management information to support strategic decisions.

. Design organizational structure, incentive systems and employee benefit

offering to provide efficient and cost effective human resources.

. Implement Made 2 Manage job shop ERP software to optimize productivity

and streamline administrative processes.

MASTER CHEMICAL CORPORATION, Perrysburg, OH 2003-2008

Privately held global developer and manufacturer of metalworking fluids,

industrial cleaners, specialty chemicals and fluid recycling equipment with

sales in excess of $75M.

Chief Financial Officer (2003-2008)

Key member of the executive team to lead a global financial and IT staff of

16 professionals to turn around the company and expand the business

internationally. Create infrastructure to facilitate new and emerging

market growth as well as existing market penetration to take the company

from $35M to $75M in sales and restore profitability to acceptable industry

levels in 5 years.

. Lead finance and IT teams to implement world class financial reporting

systems to facilitate the strategic plan.

. Design and develop key metrics, balanced scorecard, and related incentive

plans to drive profitable behaviors.

. Consolidate plant operations and divest equipment division and other

assets to improve cost position and free-up $5M in cash for alternative

investment.

DAN WITT PAGE TWO

. Drive value stream optimization initiatives to identify and implement

cost reduction opportunities leading to 40+% gross margin levels.

Implement timely pricing strategy to combat volatile petrochemical

market.

. Restructure corporate entities to optimize treasury functions and tax

position. 5-year tax holiday qualification.

. Drive financial planning and budgeting process to exceed profit goals for

4 consecutive years.

. International experience includes; China, India, Thailand, U.K., Czech

Republic, Canada, Philippines and Japan.

MASCO CORPORATION - MERILLAT INDUSTRIES LLC, Adrian, MI 2000-2003

Cabinetry industry leader with sales exceeding $600M. Merillat is a

division of $12.0B Masco Corporation.

Director - Financial Planning and Analysis (2002-2003)

Responsible for top level financial reporting and interpretation. Prepared

and delivered financial presentations to executive team. Provided decision

support for new product and business development. Managed 2 senior

analysts.

. Directed budgeting ($450M) and forecasting processes to establish, drive

and exceed financial goals, measure progress, and predict future results.

Exceeded 2002 company profit goal by 8%.

. Implemented market-based financials which improved key markets and

accounts by 23%. .

. Implemented new processes and procedures to streamline and error proof

financial reporting functions.

. Identified and championed cash flow improvement initiatives. DSO 37 to

29, DPO 19 to 25. Reduced no-charge activity by $900K.

Finance Director - Operations (2000-2002)

Oversaw all financial functions for 11 manufacturing facilities and 10

service centers.

. Led corporate/plant cost accounting staff to improve product cost

accuracy to identify and eliminate unprofitable products. Identified

causes and reduced shrinkage by $5M.

. Designed/implemented service center financial reporting which improved

operation productivity 12%.

. Promoted change to an integrated JD Edwards ERP system which eliminated

transactional waste.

. Defined performance metrics and promoted Six Sigma initiatives to

identify process variation.

COOPER TIRE AND RUBBER COMPANY, Findlay, OH 1990-2000

Market and profit leader in manufacturing and distribution of replacement

tires and original equipment engineered automotive components with revenues

in excess of $3.6B.

Manager - Mold Operations Administration/Controller (1995-2000)

Managed Tire Division Mold Quality Assurance staff. Served as multi-plant

Controller. Managed 2 plant P&L's, A/R, A/P, Payroll, IT. Responsible for

tire division global mold procurement.

. Co-directed tire mold production start-up facility that achieved

profitability in 3 yrs.

. Developed linear programming models to achieve optimal product mix to

increase capacity by 20%.

. Reduced product development lead-time by 12 weeks to achieve speed-to-

market goals.

. Implemented integrated manufacturing and financial system leading to a

self-directed workforce.

. Introduced new mold technologies for increased mold life, reduced cure

time and improved product quality.

. Led acquisition integration committee, which merged divisions and

spearheaded operation turnaround strategy that reduced costs and improved

retread mold profitability by 35%.

Manager - Tire Division Budgets (1993-1995)

Coordinated $500M Tire Division operating budget. Directed staff of 4

professionals that performed operation analysis, monthly plant closings,

and internal reporting for 6 manufacturing facilities within Tire Division.

. Led team that reengineered processes to improve reporting efficiency,

accuracy, and depth.

. Formulated manufacturing costs for annual financial plans and subsequent

updates.

. Developed flexible budgets and expanded cost allocation systems to

enhance variance analysis.

DAN WITT

PAGE THREE

Senior Budget and Operations Analyst (1992-1993)

Directed Budget Department staff activities including coordinating uniform

plant performance reporting systems to meet internal and external

requirements.

. Key role in design and implementation of an activity based cost system.

. Developed methods to provide automated information for management

decision support.

Cost Analyst - Strategic Planning/Financial Planning (1990-1992)

Prepared Tire Division short and long term financial plans and forecasts.

Performed capital expenditure cash flow analysis, customer profitability

analysis, acquisition analysis, and special operations financial studies.

GOODYEAR TIRE AND RUBBER COMPANY, Akron, OH 1985-1990

Computer Applications Programmer (1989-1990) Cost Accountant (1987-1989)

Jr. Accountant (1985-1987)

EDUCATION AND PROFESSIONAL DEVELOPMENT

Master of Business Administration, Bowling Green State University,

Bowling.Green, Ohio

B.S. Industrial Management, Production, The University of Akron, Akron,

Ohio

B.S. Business Administration, Finance, The University of Akron, Akron, Ohio

University of Michigan Executive Management Course

Operational Excellence Six Sigma Process Improvement Leader

Intermediate Mandarin Chinese Language - University of Toledo

PROFESSIONAL AFFILIATIONS

Member, Financial Executives International

Past President, Northwest Ohio Institute of Management Accountants

Hancock County / Tall Timbers Industrial Park Development Board

TECHNICAL SKILLS

? Excel ? PowerPoint ? Word ? JD Edwards ? Lawson ? LINDO? Made 2 Manage

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