Sales Manufacturing

Kurt McLaws

**** ******** ***., ******* *****, Oregon 97603 Phone 541-***-****

QUALIFICATION

A seasoned professional with a diverse business background in highly

visible management positions in manufacturing, wholesale, retail and

distribution business units. Broad experience in management,

strategic planning, financial analyst, accounting, acquisitions,

divestitures, financial reporting, forecasts, budgets, and costing.

Strong written and oral communications skills, interfacing with all

levels of the company and their outside suppliers and customers. Goal

oriented focus with strong emphasis on process improvement and team

building.

EXPERIENCE

2004 - Present Corporate Development Manager, JELD-WEN, Inc. -

Klamath Falls, Oregon

Tasked with the identification and development of strategic objectives

and initiatives to assist the company in achieving its sales and

profitability growth targets. Identify acquisition candidates and

joint venture possibilities. Created business financial modeling and

prepared business recommendations to assist the senior executive team

understand the issues and opportunities. Coordinated the integration

of newly acquired businesses into the corporate structure.

Successfully completed a strategic joint venture for sales growth in

Mexico, which will allow JELD-WEN to sell a broad array of products where

barrier to entry prohibited JELD-WEN from doing so before. It is

anticipated this joint venture could evolve into a $500 million dollar

business within the next several years.

Provided both business/market insight and financial leadership in launching

a new business venture. This business has the potential to be a major

disrupter for the current home remodel business. This business is expected

to be a $1 billion business in the foreseeable future.

Negotiated the spin off of a $200 million division, realizing a healthy

premium for the business.

Handle the financial and strategic analysis to determine valuation of

potential acquisition and divestiture targets.

Identify and provide strategic reviews for company's executive committee of

opportunities that exist in the market place both domestically and

internationally.

Coordinate cross-functional teams that dealt with operational, financial,

and IS integration of acquired businesses.

1999 - 2004 Corporate Controller / Division CFO, JELD-WEN, Inc. -

Klamath Falls, Oregon

Responsible for the corporate controller functions of a billion dollar

division. Supervised six domestic and international accounting groups

consisting of controllers, accountants, and supporting staffs.

Responsible for the general ledger, budgets, financial statements,

variance analysis, bank revolvers, annual audit preparation, and

policy compliance.

Identified and implemented financial closing process improvements reducing

cycle time by five days, a 30% improvement. This allowed the controllers

and accountants to spend additional time assisting in operational issues

and driving value.

Coordinated a new inventory buying process that saved 6% in material cost.

Worked with operational managers to identify opportunities to improve

profitability at the manufacturing level. Able to achieve a 3% reduction

in inventory providing a significant capital cost saving for the company.

Financial team member on outsourcing components, saving up to 40% on parts.

Responsible for the integration of 10 newly acquired companies, with

combined sales of over $600 million.

Prepared and presented annual budgets to the Board of Directors on a

company and consolidated basis.

Kurt McLaws Resume continued

1992 - 1999 Worldwide Controller Bourns, Inc. - Logan, Utah

Responsible for the consolidation, financial reporting and accounting

functions of international and domestic manufacturing operations.

Directed a staff of five group controllers with forty support

personnel consisting of accountants, tax, payroll, treasury, account

payables and receivables. Responsibilities included formulating

avenues to improve manufacturing efficiencies and company profits.

Managed the construction and startup of manufacturing operations in Xiamen,

China and a silicon passive electronic component manufacturing operation in

Taiwan.

Negotiated product outsourcing arrangements in Asia - $1million expense

reduction.

Consolidated two manufacturing plants, saving $8 millions of dollars in

overhead, bringing capacity in line with demand, while still meeting all

our customer requirements.

Reduced capital asset spending by 60% without sacrificing growth or

manufacturing capability.

Identified manufacturing cost savings opportunities resulting in an annual

10% cost productivity improvement, 60% reduction in lead times, and a 50%

reduction of payroll dollars.

Senior lead for the accounting / financial module on the Global SAP

implementation.

Consolidated several accounting operations into one accounting operation

saving over 15%

1988 - 1992 Chief Accountant Fleming Foods, Inc. - Salt

Lake City, Utah

Performed reviews of financial data to determine variances to plan.

Established credit limits and expansion loans in order to increase

market share and profitability. Key player in growing the company

sales by 66% to $500 million in four years. Reduced capital cost and

yearly inventory loss by $190,000 and $72,000, respectively. Directed

a staff of 22 in the Accounts Receivable, Accounts Payable, and

Payroll departments. Prepared monthly general ledgers and income

statements, including the consolidation of seven minority held

corporations. Produced and submitted annual audit schedules with all

supporting documentation for submission to the tax accounting firm for

preparation of tax forms.

EDUCATION University of Phoenix

Masters of Business Administration

Utah State University

Bachelor of Science of Finance

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