RICHARD C. WIELAND
cell: 734-***-****
Ann Arbor, Michigan 48103
*********@*****.***
CAREER SUMMARY
Financial Professional who loves solving complex cross functional problems
by first working with the team to identify the problem and then getting
into the trenches with them to implement the solution. This has been done
in automotive and industrial settings, in Fortune 500 to small corporations
serving in various functions ranging from COO to Cost Estimator.
Managerial experience has included up to 100 direct reports along with P &
L responsibility, plant management, asset control, pricing, marketing,
sales, engineering and direct European and Asian International exposure.
PROFESSIONAL EXPERIENCE
FORD MOTOR COMPANY, Dearborn, Michigan
1995 - 2009
Senior Financial Analyst - Project Control 2007-2009
Financial Planning and Control for 38% of American fixed asset base from
project approval to disposition.
. Developed and implemented standardized process for asset management
resulting in 60% workload reduction becoming the teams content/process
expert in the process.
. Undertook asset database reconstruction which allowed first time ever
activity based control resulting in Sarbanes-Oxley asset compliance,
increased team efficiencies and customer satisfaction.
Senior Financial Analyst - Wayne Stamping and Assembly 2000-2006
Financial Planning and Control for Stamping and Body shop operations with
1,000+ employees.
. Evaluated all investment decision from economic, technical and political
viewpoint resulting in operations team reducing waste by $6M per year.
. Initiated physical based accounting allowing SOX compliance for Fixed
Assets & Revenue Recognition.
. Championed inventory controls with plant increasing profits $8M in one
year.
Senior Financial Analyst - Investment Analysis 1998-1999
Financial Planning and Control for North American assembly & stamping plant
capital budgets and projects.
. Developed first time ever physical based North American capital budget
that made possible variances to physicals that ensured accountability for
decisions made.
Cost Analyst/Product Price Estimator 1995-1997
Estimated and negotiated price reductions with vendors for purchasing and
engineering staffs.
. Optimized supplier prototype pricing by performing price evaluations,
costing and negotiations resulting in an average 20% cost reduction using
Lean manufacturing process.
. Led the methodology to development and implement composite rates for tool
shops which provided common negotiation standard including material
standards.
ADVANCED MATERIAL PROCESS CORPORATION, Wayne, Michigan
1992 - 1994
Leader in fatigue enhancement shot peening technology to aerospace and auto
industry with $7M in sales.
Chief Operating Officer (COO)
Plant Manager with P & L, operations, engineering, staffing, & quality
responsibility with 100+ direct reports.
. Increased annualized operating profit by over $300K (65%) simultaneously
increasing quality and on-time delivery from 54% to 99.7% for primary
business segment utilizing coordinated logistics.
. Developed financial accounting standards to quantify engineering,
production and machine improvements that increased productivity by 20%
for second quarter 1993 a plant record.
QUIKSTAK, Inc. (division of DOMINO'S PIZZA) Little Rock, Arkansas
1990 - 1991
General Manager (GM)
P & L, engineering and staffing for material handling company with $4M
sales and 12 direct reports.
. Created engineering capacity planning system, designed and implemented
financial controls, developed job classifications & retrained individuals
for new responsibilities going from loss to profit within 1 year.
FEDERAL-MOGUL CORPORATION, Southfield, Michigan
1981 - 1989
Tier one supplier for automotive, industrial, and heavy-duty applications
with $2B annual sales.
Manager, Strategic Evaluations, World Trade 1989
Business Development evaluations for the entire European automotive market.
. Strategic planning expert on team that completed European wide, cross-
functional strategic analysis of $50M original equipment business within
five months.
. Obtained, evaluated and made cost effective $1M outside AD Little
consulting contract for the strategic evaluation of European automotive
aftermarket operations.
Sales and Marketing Manager, Materials Processing Group 1983-1988
Responsible for hands on development and implementation of marketing and
sales plans to increase profits in the industrial, construction and
electronics markets for $100 million division.
. Team increased six Asian countries sales from $40K loss to a $1M
profitable business within one year.
. Successfully negotiated joint venture in China for the manufacture and
sale of industrial carbide tooling involving financial, legal, technical,
manufacturing and capital requirements.
. Profits on $1 million sales volume achieved in first year of introduction
of newly designed machine tool spindle by personally identifying and
calling on customers, pricing products, writing brochures and ads.
. Transformed a $10 million German acquisition from an entrepreneur to
corporate mode with profits quadrupling to $3 million, and market share
increasing 10%, all ahead of schedule.
. Increased return on investment by 10% by developing value added pricing
for industrial division.
Manager, Marketing Development, Materials Processing Group 1981-1982
Responsible for strategic planning and new business development product
opportunities for $100M division.
. Managed through direct personal involvement $700,000 Boston Consulting
Group global strategic evaluation of four corporate divisions while
serving as a direct member of BCG team.
. Completed six major strategic product evaluations and guided
implementation for engineering and materials development across four
divisions, all ahead of schedule.
MANUFACTURING DATA SYSTEMS, Ann Arbor, Michigan
1979 - 1980
Leading developer and supplier of machining and engineering design software
with $20 million sales.
Market Planning Analyst
Identified & developed 3 new product applications increasing sales by $900K
(4%) in first year.
CHRYSLER CORPORATION, Centerline, Michigan
1978 - 1979
Financial Analyst, Service and Parts Division
MOPAR Controller for the $60 million automotive aftermarket operation who
established with product line managers financial and operating plan that
resulted in a $3 million profit improvement within one year.
EDUCATION
THE UNIVERSITY OF MICHIGAN, Ann Arbor, Michigan
. MBA, Finance, Accounting, and Marketing, computer science teaching
assistant.
. BSE, Industrial and Operational Engineering (cum laude).
. BGS, Mathematics, Chemistry and Biology (with distinction), two Nuclear
Chemistry publications.
PROFESSIONAL CERTIFICATIONS
. Six Sigma Green Belt Certified
. Dale Carnegie Graduate
ADDITIONAL ACCOMPLISHMENTS
Visiting Lecturer, Eastern Michigan University, Ypsilanti, Michigan
1979 - 1988
Taught principles of business management and strategic planning to over
1,000 students.
Adjunct Professor, Wayne State University, Detroit, Michigan
1982 -1983
Developed and taught course in understanding financial control systems.