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Sales Marketing

Location:
Westfield, IN, 46074
Posted:
May 30, 2010

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Resume:

MARK KORROS

***** ********** **.

Westfield, IN *6074

abmdkh@r.postjobfree.com

401-***-****

SUMMARY

Dynamic senior executive focused on building value with consistent and sucessful track record across a very

diverse mix of consumer products and B to B companies. Served as President for Samsonite,

FranklinCovey, and Central Restaurant Products, held senior executive positions at Levenger,

Westgate Resorts, Reebok and Health-tex. Skillful at organizational leadership with extensive general

management experience in brand building, product merchandising, direct marketing, e-commerce, retail and

wholesale sales.

EXPERIENCE

Central Restaurant Products - Indianapolis, IN

09/07- 04/10

At $64 million Central is one of America’s largest Distributors of Restaurant Equipment and Supplies posting

compounded growth of 18.5% over the past 3 years. Multichannel direct marketer serving over 250,000

customers through Central’s catalog, 50 person call center, website and showroom. Marketing 48,000+

products from over 1000 vendors including Central’s own private label merchandise.

President

Responsible for strategic direction and building a sustainable business model capable of generating double

digit EBITDA. Demonstrated ability to build significant value as Central was purchased by Johnson Ventures in

October 2006 then sold to TAKKT in April 2009 for $83 million nearly twice the October 2006 purchase price.

Reported directly to Venture Group, direct reports include CFO, COO, VP Marketing, VP Merchandising and

Director Human Resources, staff of 145 people. Developed comprehensive plan to grow revenues .Outpaced

industry, growing 3 year compounded sales by 18%, and reducing operating expenses as percent of sales.

• Implemented the Pindar database publishing system and built the detailed infrastructure necessary to

support it.

• Designed and implemented a new full function Central website while expanding the web database of

customers by 33%.

• A first responder in capitalizing on Government $100 million School Stimulus Program capturing 2.5%

of total Stimulus program.

• Launched the Company’s first “Small Book Catalogs” with results competitive with our Big Book

performance yet one third the cost.

• Expanded Branded product offerings to include Hobart, Libby Glassware and others previously not

willing to sell to Central.

• Upgraded our sales training, added call monitoring and enhanced our customer relationships with the

Assigned Account Program. Launched New Business Development outbound calling team with strong

competitive response rates to catalog.

PARADYSZMATERA - New York City, NY .

03/06- 09/07

Nations leading direct marketing media services organization focused on helping clients “find customers”

serving over 175 companies in Catalog/Retail, Financial, Publishing, Fundraising and other direct marketing

industries. Annual billing $250 million.

Vice President MultiChannel Marketing

Hired by the CEO to build a new MultiChannel Marketing division to accelerate growth of existing clients and

expand the company’s value proposition for attracting new clients. Goal was to elevate our company to a

“category of one” in the direct marketing services industry. Developed and launched business plan to

combine the companies existing assets of Direct Mail, Digital, and Alternative Print/Media organizations to

tell a consolidated multichannel media services story. Designed a suite of multichannel analytical and

planning tools to help clients to determine which media channel to best spend their media dollars to enjoy

the highest rate of return, moved focus from being channel centric to focus on the consumer and their

shopping preferences.

• Established 15 new business opportunities in 9 months using the new MultiChannel business strategy

and analytics.

• Helped develop and execute the media plans for launching the new Hallmark Magazine. Registered

400,000 new subscribers in 6 month period, becoming the most successful magazine launch in

publishing history.

LEVENGER – Boca Raton, FL

07/04-03/06

High-end home and office multi-channel retailer creating meaningful products for people, who read, write and

work with ideas. Tag Line: “Tools for Serious Readers”. Product lines: furniture, personal leather goods, pens,

paper, and reading tools. Sales $70 million.

Senior Vice President

Reporting to the CEO, managed 10 direct reports in merchandising, marketing and sales. Responsible for

directing all aspects of product development, merchandising, creative services, direct marketing (catalog and

internet), partnership marketing, and multi-channel sales. Developed and executed turnaround program that

reversed 3 years of business down turn in the second half of 2004. Designed aggressive customer acquisition

strategy, improved catalog response rates, generated 40% increase in web traffic and improved conversion

rates from 2.9% to 4.3%. Increased corporate direct sales by 33% and improved retail comp stores sales by

8%.

Rebuilt the merchandising with team of solid professionals and created an intense focus on product

development, resulting in improved turnover and increased profit margins. Moved distribution center from

high cost Delray Beach to low cost Memphis.

• Created revenue building strategic marketing partnerships including Cobranded Levenger/American

Express credit card.

WESTGATE RESORTS – Orlando, FL

09/03-07/04

This $1.5 billion corporation is the world’s third largest timeshare developer with $450 million in annual sales.

Chief Marketing Officer

Responsible for all aspects of corporate marketing including developing and managing the company’s

strategic marketing partnerships. Places major emphasis on brand building, increasing database, and adding

value for our owners and guests.

• Focused on developing long-term strategic marketing relationships with major companies such as,

Universal Studios, Clear Channel, Coca-Cola, Travelocity, Thrifty, The NFL, Major League Baseball, American

Express, Simon Malls and others.

• Developed and implemented “Hotelscorp.com” to serve as an internet based pull marketing strategy and

provide incremental revenues. The site performance has exceeded all expectations generating $1 million in

timeshare sales per week in year one.

FRANKLINCOVEY - Salt Lake City, UT

01/02-09/03

This Company is the leader in productivity and time-management tools. Selling seminars, planners, binders,

software, and other related business products through its 150 stores, catalog, internet, and wholesale

channels produces annual sales of $307 million.

President and General Manager, Consumer Business Unit

Reported to the CEO, accountable for the $197 million Consumer Products Division with 1,200 employees.

Focused Company on strategically repositioning brand and growing market share. Direct reports included;

CFO, VP Retail, VP E-Commerce and Catalog, VP Wholesale/Government Products, VP Paper/Specialty, VP

Technology/Binders, VP of Marketing, VP Graphic Design/ Public Relations, VP Human Resources and VP

Information Systems. Also responsible for FranklinCovey’s printing/manufacturing facility

• Developed aggressive plan to return business unit to profitability after losing $6.7 million. Reduced

operating costs from $108.7 to $76.3 million executed from 2002 through 2004 with gross margin

improvements, provided a near breakeven performance in 2003.

• Created progressive product and marketing strategies to reposition consumer division as the destination

for “Tools for the Mobile Professional.” New product strategy provided a critical assortment of consumer

preferred products that were fun, cool and exciting.

• Initiated a comprehensive software development strategy to retain clients as they migrate from paper to

technology. Built a series of software programs that embraced Microsoft’s Outlook as a business companion,

versus a competitive threat. Sales $5 million.

• Developed and executed third party wholesale strategy, including FranklinCovey product distribution in

office superstores, warehouse clubs, HSN, and premium channels. Launched sub-brand “365” by

FranklinCovey in all Target stores. Wholesale revenues reached $15.0 million in 2002, up from $2.7 million

prior year. Expanded third party product distribution across Canada.

• Redesigned retail business model to drive consumers to the lowest cost method of distribution.

Consolidated e-commerce and catalog channels, closed overlapping stores, cutting costs by $1.8 million while

attempting to hold revenue base.

• Established several significant strategic marketing and product partnerships. Marketing initiatives with

Microsoft, AT&T, HP, EarthLink and MasterCard increased traffic and provided $800,000 in co-op marketing

funds. Initiatives with Bally’s Fitness, Cranium and New Yorker Magazine provided exciting new content and

access to their brand loyal consumers.

SAMSONITE CORPORATION -- Denver, CO and Warren, RI

6/95 to 7/01

The world’s leading manufacturer of branded luggage and travel related products. Annual sales of $850

million.

President, Samsonite Company Stores (10/97 to 7/01) and President, Samsonite USA and

Canada (2/98 – 11/00)

Reporting to President of Samsonite, Americas held responsibility for $356.0 million of combined wholesale

distribution and retail store sales in the USA and Canada. Responsible for product design, development,

sourcing, marketing, sales forecasting and field sales organization. Directed Denver’s Customer Service (14

reps servicing 10,000 doors) and Jacksonville’s Retail Distribution Team. Wholesale distribution included

department, specialty and chain stores, mass merchants, warehouse clubs, drugstores, hotels, Internet,

airline personnel and premium accounts. Responsibility for retail product merchandising, marketing, store

operations and logistics for 200 store chain. Built Samsonite Company Stores into America’s largest

independent luggage/travel retail chain.

• Created the vision and strategies to evolve Samsonite from a luggage brand ($8.5 billion luggage

industry) to a travel brand (multi-trillion dollar industry). Developed major strategic business and

marketing partnerships enhancing Samsonite’s brand equity as a global travel Company.

• Reorganized wholesale design, sales, sourcing, marketing and forecasting organizations, combining both

Denver (Samsonite) and Warren, RI (American Tourister) organizations into one efficient RI based team

(110 administrative plus 56 sales people).

• Reduced admin head count by 20%, cutting costs by $2.3 million. Improved planning, forecasting and

account management, reducing markdown allowances by $2.2 million.

• Increased USA wholesale business (3,500 accounts) by 18.3% and Canada (600 accounts) by 15.0%.

Developed new product distribution through office superstores, electronic stores, television shopping

networks, internet companies and Avon.

• Directed retail chain sales growth from 94 to 200 stores. Sales grew from $48.0 to $132.5 million while

improving gross margins by 5.5%. Operating income improved from a $2.2 million loss to $5.6 million

profit after royalties. Reduced period expenses by $3.6 million, cut occupancy costs to 10% of sales.

Established new retail formats including Samsonite Travel Expo. Launched “Samsonite.com” website and

digital business. Stores generated sales of $132.5 million and EBITDA of $7.8 million during 2000.

• Developed and launched 5 major product lines with integrated marketing programs. Placed Samsonite’s

emphasis on “innovative technologies” and positioned American Tourister as “best value” in

marketplace. Re-launched American Tourister brand through all channels of distribution, re-establishing

American Tourister as the Number 2 brand and expanded distribution by 800 new doors. Created an

innovative national advertising campaign featuring Universal Studios Islands of Adventure, generating

$18 million in American Tourister sales.

• Expanded product assortments to include; computer bags, casual bags and backpacks. Licensed the

Hummer brand to expand market share. Started private label division generating first year sales of $7.5

million. Initiated a SKU reduction program reducing lead times, cutting inventories by 20%, saving $2.5

million in warehouse costs.

Senior Vice President, Retail Stores, American Tourister (6/95 – 10/97)

Hired by the President of American Tourister to turn around a faltering $48.0 million retail business (94

stores, 500 people). Refocused retail vision on travel, developed an integrated product and marketing

strategy to increase traffic into stores. Having full P&L responsibility attacked all aspects of the organization

including; people, product design, sourcing, marketing, operations, logistics and real estate. Placed

emphasis on brand building, product mix and creating synergy between retail and wholesale. Made retail

division profitable after first seven months. Grew comp store sales a compounded 25% over first 3-1/2

years. Improved dollars per sq/ft. performance from $212 to $257 reducing operating costs by 10%.

REEBOK INTERNATIONAL, LTD. – Avon, MA

11/89 – 06/95

Manufacturer and distributor of Reebok, Rockport, Greg Norman footwear, and apparel with annual sales $3.4

billion.

General Manager, Reebok Retail Store Division

Developed and managed all aspects of Reebok Retail sales, operations, merchandising, marketing, product,

real estate development, and store design. Created and launched Reebok and Rockport and Greg Norman

concept stores

• During 5-1/2 years, grew stores from 10 to 65 locations, growing sales from $8.4 million to $165.0

million with operating income improving to 8.5% of sales. Concentrated store focus on building Reebok brand.

Created a vision and growth strategy for division that allowed growth without major disruption to wholesale

business. Optimized new stores to deliver 100% ROI in 12 months.

• Expanded product mix, resulting in a 31.2% comp sales growth over 5-year period. Improved average

store sales from $315 to $365 per square foot after doubling the average store size. Improved average units

per transaction from 1.65 to 2.25 units

• Increased sales of apparel and accessories from 13% to 25% of total sales also providing improved

margins and increased traffic.

HEALTH-TEX CHILDREN’S WEAR, INC. – New York City, NY

10/76 – 10/89

Vice President, General Manager - Retail Division (1986 – 1989)

• Managed all aspects of two retail operations, Kidsport USA (115 stores) and Kidsport Canada (26 stores)

with sales of $85 million and $5.3 million in operating profit. Became USA’s fourth largest children’s clothing

retailer.

Vice President, Sales (1981 – 1986)

• Planned and executed domestic sales program ($280 million) through the sales organization (75 people)

including, merchandising and forecasting. Developed three product lines per year, servicing 5,000

accounts. Managed 20% of total sales.

• Directed product design team and sales organization (9 people) for the sales of Health-tex promotional

lines ($54.0 million).

Director, Special Markets (1978-1981)

• Developed Special Markets Division to build promotional programs and Kidsport USA retail stores.

Started 1976 as sales rep.

SHILLITOS DEPARTMENT STORE, – Cincinnati, OH

05/73 – 10/76

EDUCATION: University of Kentucky, Lexington, KY Degree in Business Administration

BOARD AFFILIATIONS: ORMA, Founding Partner in the Coming Up Taller Awards http://www.pcah.gov/cut.htm



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