J. Michael Smith
*** ***** **** ***** (***) ***-
7010
Ball Ground, GA 30107 ______________
****************.**********@*****.***
EXPERTISE
Chief Financial Officer Six Sigma &
Lean Manufacturing
Process Manufacturing (20 + Years) Mergers &
Acquisitions
Profit Improvement / Cost Reduction ERP Systems
Execution of Strategic Initiatives Financial
Analysis & Modeling
LEADERSHIP ATTRIBUTES
Change Agent - Hands On Management - Mentorship - Attention to Detail
Sense of Urgency - Strategic Planning - Team Communication - Creativity
PROFESSIONAL EXPERIENCE
TIP TOP POULTRY, INC. Marietta, GA 2006 - Present
Privately held food company with annual revenues of $180 MM in the food
service, retail and industrial verticals.
Chief Financial Officer
Responsible for delivery of all financial and accounting services as well
as providing leadership to the Information Technology, Human Resources,
Safety, and Purchasing departments. Provided guidance, mentoring,
leadership and accountability to operations management to improve processes
and efficiencies.
. Led multifunctional team that identified cost savings/yield
improvement opportunities and achieved $ 3.6 MM in audited savings in
a 5 month period.
. Provided analysis and financial modeling that identified alternative
business model for hen processing contracts to address 300% ($ 24 MM)
annual cost increase.
. Worked with attorneys, senior management and ownership group to
convert business to new CO-OP model and reduce annual impact of hen
cost increases by estimated 50% ($ 12 MM).
. Performed due diligence, developed offer sheet and closed M & A
transaction to purchase a competitor's assets and customer supply
agreements.
. Integrated $ 20 MM business into existing manufacturing assets.
. Designed Lean "Pull" system for cooked debone operation that provided
capability to reduce fowl diced meat finished goods inventory from 2MM
lbs. to less than 500K lbs while improving service levels.
. Utilized Lean Manufacturing techniques to identify $ 500k in direct
labor savings in debone operation.
. Performed overtime payroll audit that identified significant internal
control issues and employee abuse.
. Implemented new procedures including biometric time clocks at both
facilities that eliminated OT fraud.
. Implemented maintenance planning, storeroom and purchasing software
functionality that enabled $750k reduction in maintenance expense.
. Developed weekly performance scorecards with KPI's for the key
functional units and operating drivers.
. In-sourced forklift maintenance reducing annual costs by 75% ($
300,000).
. Performed rigorous financial analysis to support $ 5.4MM business
interruption insurance claim.
. Re-engineered employee application, hiring and I-9 processes that
resolved compliance issues and significantly improved female hiring
ratios.
J. MICHAEL SMITH Page Two
___________________________________________________________________________
________________
GRAPHIC PACKAGING, INC. Marietta, GA 2000 -
2005
Currently the largest printed paperboard packaging company in North America
with annual sales of $ 4 billion to the leading food, beverage and CPG
companies.
Integration Manager, Marietta, GA 2003 - 2005
Researched, prepared and budgeted 26 merger integration business cases.
Managed five integration teams. Presented results and issues to Senior
Management during monthly integration meeting. Performed special projects
for the CEO and COO. Coordinated monthly tracking and reporting of costs
and savings.
. Merger integration completed 50% ahead of schedule.
. Integration team identified and achieved $ 40 million in additional
synergies over $ 59 million target.
. Managed study by IBM Consultants to consolidate disparate technology
platforms and data centers into single operation. Annual savings of $
2 MM.
. Introduced strategic and tactical modeling tools to analyze and
optimize Paper Mill and Beverage Division plant loading that provided
multi-million dollar opportunity for improvement.
. Integration leader on post merger manufacturing rationalization
project that closed three facilities and optimized two others - $ 18
MM annual savings.
. Managed Reliability Centered Maintenance rollout - $ 3 MM annual
savings across two divisions and sixteen facilities.
. Led cross functional team charged with designing stage gated process
that aligned R & D resources with key marketing initiatives.
. Performed analysis and developed risk portfolio for all R & D projects
that was presented to the CEO and business unit leadership on a
monthly basis.
Information Technology Project Manager, Golden, CO 2001 - 2003
Implementation Manager for JD Edwards ERP system rollout. Led design of
manufacturing tracking and reporting system that supported Six Sigma data
collection. Responsible for alignment of new tools with key business
strategies. Completed implementation and roll out across 18 facilities on
time and under budget.
Operations Manager (General Manager) Charlotte, NC 2000 - 2001
Hired by consulting client to develop and implement reorganization plan for
pharmaceutical packaging business. Responsible for P & L of $ 25 MM
business.
. Delivered profit turnaround from prior year loss of $ 1.7 MM to $ 2.2
MM in earnings.
. Awarded select supplier status with Johnson and Johnson and Abbot
Laboratories.
. Developed new management team which set the table for future success
(now $ 40 MM business).
. Implemented Lean techniques that reduced equipment changeover downtime
by 40%.
. Utilized Lean "Pull" process to reduce finished goods inventory by 20%
and reduced customer order fulfillment cycle time from six weeks to
three weeks.
. Implemented standard costing, work orders & material planning system
as part of ERP package.
JEFFERSON WELLS, Detroit, MI & Denver, CO
1997 - 2000
National accounting and management consulting firm.
Senior Consultant
Specialized in financial system implementations and business process
reengineering. Assignment as Interim Controller with Graphic Packaging led
to employment as General Manager with GPK.
. Part of team that implemented new budgeting system and process at
Kelly Services world headquarters.
. Developed security administration process for ERP system implemented
by the State of Michigan.
. Performed multiple site pre-acquisition due diligence work for Graphic
Packaging.
J. MICHAEL SMITH Page Three
___________________________________________________________________________
________________
AMERICAN TOWER, Sarasota, FL 1996 -
1997
The largest cellular communications site provider in the United States with
annual revenues of $ 1.5 billion.
Controller
Hired by former corporate controller for Campbell Soup for business startup
(OPM USA) that became the fastest growing cellular site provider in the
Southeast. Assisted CEO in developing exit strategy and divesting business
to American Tower. Retained by American Tower to integrate business and
implement their financial system.
CAMPBELL SOUP, Camden, NJ & Napoleon, OH
1984 - 1995
Leading food manufacturer and marketer with annual sales exceeding $ 5
billion.
Worked full time as financial intern during college then promoted to
positions of increasing responsibility including Sr. Cost Accountant,
Manager of Accounts Payable, Sr. Corporate Auditor, Inventory Control
Manager, Internal Audit Manager, Assistant Manager of Distribution, and
Assistant Manager of Production (Manufacturing Executive Development
Program).
. Performed rigorous financial analysis involving multiple manufacturing
facilities to support settlement of two business interruption
insurance claims totaling $ 7.2 million.
. Worked with Engineering group to implement automated raw material
handling system for carrots and potatoes at the largest food
manufacturing facility in the world. Annual savings of $ 2.6 MM.
. Implemented work team concept in raw material handling area, reduced
hourly union labor headcount by 15% (17 jobs) while eliminating the
need for shift supervisors (2) and clerical personnel (3).
. Responsible for internal control and financial reporting during the
integration of Vlasic Foods, Inc., Marie's Salad Dressings, and
Campbell's Fresh into regional financial center.
. Led multi-disciplinary team (Packaging, Engineering, Manufacturing,
Corporate Finance, Sales) that identified significant issues with
customer's reimbursements for damaged goods.
. Prepared and presented recommendations for reclamation process
improvements to senior management that achieved an estimated $ 8 MM in
cost avoidance.
. Team leader of multifunctional team that designed new business
processes for the purchasing, receiving and accounts payable functions
as part of an ERP design project.
. Outsourced club store multipack operations reducing labor costs by 50%
and saving $900k annually.
. Performed international audits and operational business reviews in the
United States, France, Germany, and Belgium. Performed fraud
investigation and forensic accounting in England.
EDUCATION
RUTGERS UNIVERSITY (CAMDEN) Bachelor of Arts - Management & Accounting
(1985)
AICPA SEMINARS - Identifying and Investigating Fraud, Operational Auditing,
Construction Auditing (1988)
THE WHARTON SCHOOL - UNIVERSITY OF PENNSYLVANIA - Mergers & Acquisitions
Program (2005)
VILLANOVA UNIVERSITY - Six Sigma Greenbelt (2009) Lean Six Sigma (2009)
Lean Six Sigma Blackbelt Program (In-Process February 2010)
AFFILIATIONS
Benchmark Atlanta - CFO Roundtable
Society of Human Resource Managers (SHRM) - Atlanta Chapter