MICHAEL L. RUSSO
**** ******* *****, **** ******, Florida 34685
Home: 727-***-**** Email: Office: 727-***-****
abmp1b@r.postjobfree.com
EXECUTIVE PROFILE
A corporate management executive with several years experience in
Manufacturing, Aerospace, Building Materials, Healthcare and Financial
Services. Special expertise in building and leading major corporations
through start-up, reengineering, high-growth and divestiture cycles. Top-
caliber qualifications in all areas of business with a strong background in
business development, general management and financial operations.
Delivered strong and sustainable revenue and profit improvements through
expertise in the following key areas:
Lean Manufacturing/Process Management Strategic Planning & Business
Management
Multi-site Operations Management Leadership and Team Building/Coaching
Economic & Financial Modeling Costing/Modeling/Analysis/FS
(ROI/EVA) Presentation
Financial Statement Cost management/Best practices
Preparation/Closings
SEC Financial reporting/GAAP Analysis AOP/Budgeting/Forecasting
ERP Systems
Pricing strategy/market segmentation
PROFESSIONAL EXPERIENCE
MASONITE INTERNATIONAL, Inc. Tampa, FL... 2008 to 2009
Masonite is one of the world's leading manufacturers of interior doors and
entry door systems. A fortune 100 organization with annual sales over 2.5
billion with over 80 manufacturing and distribution facilities in 18
countries. and employs over 7000 employees worldwide.
Interim Business Unit Manager
. Developed/delivered plan for 2 consecutive years igniting revenue stream
and improving EBITDA by 30%.
. Improved Customer Fill rates from 77% to 99.5% on time and complete by
establishing level loaded production schedule for all operations.
Program generated positive results with improved lead times and
reductions in backorder commitments.
. Developed and managed an informational reporting system that provided key
metric scoring and benchmarking and was further utilized as a
motivational tool with staff and tied to incentives/rewards programs.
. Saved $1,200,000 in cost savings projects with initiatives targeted in
Direct Labor, Cost of Quality and Overhead Reductions. Gains recognized
in increased labor efficiency and reductions in customer returns,
supplier quality, internal defects. Overall COQ decreased from 3.4% of
Cost of Sales to 2.8%.
. Directed a cross functional team aimed at reducing need for forklifts
within the various manufacturing facilities. Project eliminated 50% of
all forklifts and recognized $5M of annualized cost savings.
AAR Composites, Inc. Wood Dale, IL... 2006 to 2008
A division of AAR Corporation, a fortune 100 organization with annual sales
over 1.2 billion and over 5,000 total employees. AAR Composites is a
leading manufacturer of composite structures supporting the aviation and
aerospace industries.
Divisional Controller
Directed and managed all strategic and operational planning initiatives for
new business unit located in northern California. Provided oversight
during start-up relating to project management, lease negotiations, labor
relations and design build efforts.
. Developed a 10 year expansion strategy for manufacturing business unit
which was subsequently presented and approved by board of directors.
This growth strategy provided for expansion into west coast market with
an initial committed investment valued over $40 million.
. Directed several initiatives aimed at driving operational performance and
value through increasing efficiencies in workflow, MRP utilization and
business processes. Gains provided in cost and continuous process
improvements.
. Negotiated several contracts with key customers both in military and
commercial aviation markets. Program wins provided significant gains
with first tier customer base and increased market positioning.
. Developed and managed an informational reporting system that provided key
metric scoring and benchmarking and was further utilized as a
motivational tool with staff and tied to incentives/rewards programs.
. Led all efforts in acquiring extrusion facility for use in various
aircraft design and aerospace applications.
MICHAEL L. RUSSO Page Two
NEW MILLENNIUM BUILDING SYSTEMS, Fort Wayne, IN. 2003 to 2006
A division of Steel Dynamics, a fortune 100 corporation with annual sales
over 3.5 billion and production facilities throughout North America. New
Millennium fabricates trusses, girders, steel joists and steel decking for
the non-residential construction industry.
Regional Controller
Key member of dynamic team managing start-up operations for the most
technically advanced Steel Joist manufacturing facility in the country,
generating approximately $450 million in annual sales. Directed and
established all operational functions including manufacturing operations,
Human Resources, Benefits Administration, Finance, Sales and
marketing/Customer Service, Budgeting, Strategic Planning and Corporate
Safety.
. Negotiated several key vendor contracts in the purchasing of Hot-rolled
flat sheet steel, cold formed sheet steel and various structural steel
products. Created long term agreements with steel mills generating
purchase cost savings in many of the raw material components.
. Contributed to the development and implementation of numerous cost
containment and process improvement initiatives having swift and
positive impact on revenues and profits. Conducted market and cost
feasibility studies in support of product R&D and rollout.
. Managed due diligence process which led to successful merger of two
formidable players in the steel manufacturing market.
. Developed a standardized manufacturing cost model and coordinated IT
business model to support multiple plant locations. System provided and
shared critical production planning and cost containment information,
and identified areas/locations with deficiencies and weaknesses.
PSCU FINANCIAL SERVICES, St. Petersburg, FL 2000 to 2003
A provider of traditional and online financial services with annual sales
volume exceeding 300million serving the needs of financial institutions and
credit unions. Key product offering includes credit card processing,
online bill payment and 24X7 call center support.
Director of Finance
Key Member of a rapid-growth financial services organization supporting the
back-office needs for credit unions and financial institutions. Recruited
by executive committee of the organization to manage several corporate wide
initiatives aimed at providing a technical infrastructure that would
improve financial and operational performance.
. Directed several mission critical projects for Corporate Information
Systems, Sales & Marketing, Call Center Operations and Administrative
Services, which successfully enriched the company's ability to access
information as well as link front and back office operations across the
enterprise.
. Implemented Business analytics and activity management powered
by SAS software, which provided a strategy-focused view of the
entire organization including customer behavior, supplier
spending and financial performance.
. Directed corporate profitability and business modeling process which
included strategic planning, pricing analysis, activity based
management, and contract negotiations. Business performance management
outlined client profitability and current trends in product and service
line performance. This executive management system allowed for full
integration of financial, administrative and customer management across
the enterprise.
WELLCARE HEALTH PLANS, Tampa, FL 1995 to 1999
A $6.5 billion Managed Care organization with operations in multiple states
with over 2.5 million members served. Current product offering targets
government sponsored health care programs, focused on Medicaid and
Medicare, including prescription drug plans and health plans for families,
children and the aged.
VP/Controller
PROCTER & GAMBLE COMPANY, Cincinnati, OH 1988 to 1995
A fortune 100 corporation with annual sales volume of $40 Billion that
markets over 300 product brands in more than 160 countries worldwide. The
P&G community consists of nearly 102,000 employees working in 80 countries
worldwide.
Senior Manager, Strategic Planning and Analysis-Food & Beverage (1993-1995)
Senior Financial Analyst-Food & Beverage (1991-1993)
Senior Cost Analyst-Food & Beverage (1989-1991)
Financial Analyst- Food & Beverage (1988-1989)
MICHAEL L. RUSSO Page Three
ROYAL CUP COFFEE, INCORPORATED, Birmingham, Ala.
1982 to 1987
$100 M manufacturing and Distribution Corporation with offices throughout
North America.
Assistant Controller (1984-1987)
Accounting Manager (1982-1984)
DELOITTE, LLP, Stamford, Ct.
1981 to 1982
National CPA Firm providing Audit, Tax, Consulting and Advisory services.
Staff Auditor
EDUCATION
Bachelor of Arts, Finance, April 1981, Saint Leo University, Saint Leo, Fl
ADDITIONAL INFORMATION
SIX SIGMA/LEAN MANUFACTURING LEADERSHIP
Value Stream Mapping (Current and Future State design and implementation)
Six Sigma/Lean Champion
Kaizen Facilitator
Implementation of TPM Initiatives
Roll-out and Design of various SMED Techniques
Identification and definition of Standards of work
Visual Factory Management/6S
Design of Team Improvement and Progress Boards
Lean Project implementation and tracking
Flow Concepts
Cell Design
SOFTWARE EXPERIENCE
Microsoft Office including PowerPoint, MS Project, AutoCAD, Hyperion
Essbase
TRANSACTIONAL AND DECISION SUPPORT SYSTEMS:
Oracle MRP, Lawson, MasterPac MRP, Kronos Time Management,
MEMBERSHIPS
Lean Enterprise Institute
Turnaround Management Association
Association for Manufacturing Excellence (AME)