Scot G. Wolf ***** Nicollet Avenue South Bloomington, MN 55420 Home Phone: 952-***-**** Email: ********@*****.***
EXECUTIVE SUMMARY Product Development / Project Manager with 18 years professional experience in designing consumer products. Proven track record in new product development and patent strategy. Strong ability to turn technology into profitable consumer preferred products. Skilled in managing technical, financial and marketing components to meet project success criteria. Areas of expertise include:
Product Development ? Consumer / Customer Research Project Management ? Creating Material / Product Specifications Patent Strategy ? Quality Control
PROFESSIONAL EXPERIENCE 3M CUNO - Eagan, MN 2005 - 2009 Senior Project Engineer. Managing project teams. Developing water filtration devices (inception through launch). Creating cost models. Establishing product specifications. Qualifying product and process validation. Certifying product claims at regulatory agencies. Improved internal 3M technologies to create a new media for low pressure gravity-flow water filtration. Developed the “best in the filtration market” carbon block media in terms of performance and size. Developed a low-cost carbon block to replace 1.8M purchased blocks for multiple legacy systems. Generated $1.9M in savings. Devised a method of using scrap block from one project into saleable block in another project. Resulted in $180K increased profit. Completed / Launched 7 projects in 3 years with an 8th scheduled to launch in March ‘09.
TYCO (Berry) PLASTICS - Bloomington, MN 2003 - 2005 Director of New Product Development. Identified and assessed opportunities through customer/consumer research. Managed multi-functional development teams in five business units. Negotiated an exclusive technology license with a Fortune 100 company. Designed a consumer-preferred line extension product with a 50% increase in margin, opening growth opportunities in a high-end market segment. Developed a $250M new product pipeline offering 25% sales growth potential. Implemented a Stage-Gate project management system to prioritize projects in the pipeline and increase corporate alignment. Designed a product ideation system to capture input from customers resulting an 80% reduction in manual processing time.
SAVORS COOKING SHEETS - New Burlington, OH 2001 - 2003 Co-Founded company. Developed a business plan to market and launch a $100M new product. Devised an innovative strategy to acquire patent rights in exchange for an equity stake and buy-out option. Developed marketing plan to reach target consumers by using in-store demos and sampling key early adapters to generate “word of mouth” advertising. Created a rolling-launch strategy to manage risk while meeting success criteria. Designed and successfully tested labels with usage instructions to explain product benefits and proper use (critical for new-to-world products). Scot G. Wolf Page 2
PROCTER AND GAMBLE - Cincinnati, OH 1990 - 2001 Product Development Manager - Corporate New Business Development 1999 - 2001 Managed a four person team that evaluated new products with consumers, established product specifications, implemented quality control measures and designed marketing materials for testing. Upgraded a new product, improving processability, while maintaining project schedule. Resulted in superior product performance (55/45 win) with $1M reduction in capital costs per line and a 20% reduction in product costs. Led a multi-functional 14 member team (marketing, finance, process, product, regulatory) through a successful AC Nielsen BASES II test with projected year 1 sales of $65-$120M. Discovered a line extension application for the product increasing sales opportunities.
Product Development Leader 1997 - 1999 Managed group of five professionals. Selected and managed all suppliers/materials for projects. Established specifications for new global products and managed quality control. Transitioned control of projects into the plant and assisted plant personnel during start-up. Conducted financial analysis and implemented a plan, resulting in a 50% materials cost reduction prior to product launch, meeting the project’s financial targets Qualified 23 materials in a shortened time frame to meet the product launch schedule. Identified and qualified a new supplier to manufacture a product component and managed the component supply chain (4 suppliers). Developed a product model that enabled more accurate sizing, reducing the need for initial fit-study testing (costing around $100K and taking 6-8 weeks).
Senior Product Development Engineer 1995 - 1997 Product Development Engineer 1990 - 1995 Materials engineer on global product development teams. Managed multiple technicians. Researched and identified consumer needs. Translated research into technical materials specifications. Qualified materials at suppliers. Designed a new breathable elastic laminate which was preferred (80/20) vs. competition. Resulted in a successful new product design in a high margin market segment overseas. ? Developed laminate for a heated back wrap which became a successful new product. Led Quality Assurance team (4 members). Achieved 91% rating during the Division’s first QA audit - the highest first score received in over 100 company wide division audits. Managed development of elastic materials used to improve product fit, resulting in increased consumer acceptance and market share in two product categories. Including a first-to-market launch of a distinctive consumer-preferred elastic product feature. Product Development Intern 1988 - 1989
AWARDS 2007 – 3M Circle of Technical Excellence and Innovation Winner
PATENTS 2008 – Record of Invention – Improved gravity flow webs 2001 - Record of Invention - Unique property of nonwoven article with food 2000 - Structure and method of forming a laminate structure 1997 - Absorbent article having elastic like behavior 1996 - Composite exhibiting elastic like behavior
EDUCATION
? 1997 - MBA, Marketing emphasis, Xavier University, Cincinnati, OH, 3.8/4.0 GPA ? 1989 - BS w/ Honors, Chemical Engineering, University of Missouri, Columbia, MO, 3.8/4.0 GPA