Larry L. Ripley
? 615-***-**** ? *** Weirs Dr Murfreesboro, TN
***** ? *****.******@****.***
Executive: Business Development
Dynamic, high-performing executive with a strong 20 year record of
accomplishment in commercial / mixed use/live-work/ and property
development, both residential and commercial . Strong record of producing
double-digit sales growth through creative strategy development and
implementation. Expertise in multiple geographical markets. Anticipates and
responds with agility to changing conditions. Consistently delivers
projects ahead of schedule and under budget. The go-to manager for
streamlining and restructuring any aspect of the company to yield enhanced
revenues and decreased costs for any market condition. Expert in changing
market conditions.
Land Acquisition / Site Evaluation / Contract Negotiation / Buildout &
Review / Streamlining Operations / Budgeting & P&L Management / Estimating
& Purchasing / Project Management / Regulatory Compliance
Green Building / GE's Ecomagination / Live-Work Construction/Sales and
marketing/
Professional Experience
Business Development Consultant,
2006 - Present
. Provides strategic direction and leadership to Real estate focused
companies whether they are evaluating or entering a new market or
repositioning their product, image, and/or strategy to meet current
and projected economic conditions. Focus on maximization of
profitability utilizing technology and true and tested models.
Assistance or lead the Navigation through intricate governmental red
tape, negotiations, capital acquisition, and personnel decisions.
Client companies include fortune 5 down to sole proprietor businesses
and all industries.
Withers Preserve Management 2006 to 2008
Responsible for developing the second largest development project in South
Carolina history- 3800 acres (60% commercial/mixed use/live-work/green
building. 40 % residential communities).
VP of Sales and Operations / Senior Project Manager
Recruited to work with executive team in personnel evaluation, product
repositioning and management, business plan development, and operations
redesign.
. Within first 30 days evaluated staff, hiring a development manager and
production manager resulting in over $1M in cost savings, and doubling
productivity, within the first 6 months.
. Initiated initiative to increase density resulting in an additional
30% marketable units, reduction in cost by $10K per unit, and overall
cost reduction by over $25M.
. Took over asset sales, which had previously delivered one sale in 12
months, to deliver 4 key sales of in excess of $10M.
. Directed legal team on financing, contracts, leases, and all other
legal matters. Improved contract turnaround by over 120 days, on
average, with 100% acceptance rate by buyers.
. Captured cost saving measures, and design overkills, making
recommendations and changes that resulted in excess of $4M in direct
savings, and reduction in development time by 6 months.
. Worked with key governmental department heads removing road blocks to
development thorough creative design modifications and compromises.
Saved 1 year in future development delays and over 100 acres of
developable land loss.
Larry L. Ripley Page 2
DR Horton, Ft. Myers, FL 2004 to 2006
Fortune 500 company with gross sales of $15B and operations in all 50
states.
Director of Sales/Operations/Acquisitions
Recruited to build the SWFL division from minimal to an expanded market
presence in the region. Managed over 100 people through 5 direct reports.
. Drove range of sales operational and financial improvements leading to
leaner, more profitable operations.
. Instituted systems which led to increased division closings by 250%
(400 to 1000 units) in 2006.
. Streamlined purchasing, design center, and permitting departments,
Introduced operational efficiencies. Specified all policies and
procedures.
V Hired 10 key new vendors, paving the way for fast growth and
producing over $10M in cost savings.
V Newly formed design center team reduced backlog of orders from over
200 to less than 50 within 30 days.
V Enhanced amenities team delivered $500K in savings and time savings
of over 30 days each.
V Developed a starts group resulting in enhanced information flow
from sales to product delivery.
. Implemented management by exception system focusing on goals not met,
negative trends, and inefficiencies, resulting in faster recognition
of unrecoverable costs. 100% improvement reducing cost overruns due to
errors from 3% of total cost to under 1%.
. Project Management: Developed even work start flow plan improving
production efficiencies by 50%. Implemented cross-training programs
resulting in 20% reduction in staffing needs. Improved raw materials
position with vendors, increasing capacity by 500%.
VANDERBUILT HOMES AND DEVELOPMENT, INC., Issaquah, WA 1992 to 2004
President / Director of Sales and Construction
P&L responsibility. Oversight authority for full project lifecycle. Grew
company from startup to over $25 million in annual sales. Executed a 2-
part ramp-up: (1) grew sales of, primarily, large-project renovations to
$5 million by 1996 and (2) achieved annual revenue growth of 30% between
1997 and 2003.
Sales Gross Profit
2003 $25 M $6.25M
1997 $5 M $1.15M
Change +500% +543%
. Implemented cost-conscious innovations resulting in the following
annual savings (1997-2003):
Administrative Material Takeoffs Customer Reported
Staffing Issues
$60K (cut costs by $350K (cut costs by 15% ) $125K (cut issues by
50%) 50%)
. Closed sales of projects valued up to $15 million.
. Implemented an aggressive estimating/purchasing system resulting in
improved cost controls, more competitive pricing, and best perceived
value-to-quality of any builder in the market.
Larry L. Ripley Page 3
ESOTERA LTD., Issaquah, WA 1989 to 1992
Vice President - Sales and Operations
Recruited to turnaround an inefficient, low-production developer with
vendor and employee morale problems. Delivered the following increases
within three years:
Sales Gross/Net Profits On-time Project
Delivery
1992 $75M $26M/$11.5M 99%
1989 $1.8M $110K/ $15K 75%
. Won awards in 1990 and 1991 for Overall Design, Best Community, and
Most Professional Staff, as voted on by local sales agencies, vendors,
architects, and judges.
Education & Skills
Washington State University, Pullman, WA
B.A. Business Administration: Major: Accounting & Finance; Minor: Marketing
1984
Computer Skills: MS Word, Excel; PowerPoint; Project; FAST; Timberline;
Master Builder; Pro Home; Enterprise; Buildsoft; Buildtopia; JD Edwards.