Frank Garcia Mobile 770-***-**** . ********@***.***
***** ******* **** *****, **********, FL 34786
Senior-Level Executive / Profit & Loss Leader
Global General Business Management / Operations / Sales & Marketing /
Business Development
Turnaround / Startup / High Growth / Public & Private Entities
Profile & Value
General Management Expert Highly successful P&L leader with 20+ years of
global multifunctional experience in Distribution & Logistics, Corporate
Strategy & Development, Sales, Marketing, IT, and Finance.
Consummate Management Executive Consistent top performer with a track
record of verifiable results. Relentless top grader of talent. Versatile
leader with public and private equity; small and Fortune 50; domestic and
international; turnaround and growth experience in multiple industries.
Corporate Strategy Specialist Originator of innovative business
strategies that result in extraordinary growth, operational performance,
profitability, and cash flow. Considerable experience in acquisitions &
integrations, business divestiture to private equity, industry rollups, new
market startups, and business turnarounds.
Process Excellence Champion Leader of strategic business initiatives,
applying methodologies such as Constraint Management and Six Sigma to drive
continuous process improvement and achieve aggressive performance
objectives.
Global Commerce Leader Executed business transactions in more than 100
countries and directly managed operations in 15 countries. Traveled to 40+
nations to foster business relationships. Speak conversational Spanish.
CEO Endorsements
"Exceptional business leader with a powerful action orientation, tremendous
business judgment, and great teamwork."
"Fortitude to do the right thing... Battlefield calm... unflappable."
Professional Experience
HD Supply - The Home Depot, Atlanta GA/Orlando FL, 2004-2009
$10B diversified wholesale distribution company providing a broad range of
products and services to professional customers. Formerly the wholesale
division of The Home Depot with a combined $90B in revenue.
President - Plumbing/HVAC Division 2006-2009
P&L leader of division with $1.2B in revenue, more than 155 branches, and
2600+ employees. Member of HD Supply founding leadership team; HD Supply
Corporate Officer; Home Depot Corporate Officer.
Effectively managed the business through a collapse of the residential new
construction market by top-grading talent, gaining market share,
diversifying end markets, restructuring, enhancing gross margins, and
generating cash. Simultaneously led highly successful long-term value
creation initiatives such as proprietary brand launch, Zilliant margin
software implementation, government sales start up, and off-shoring.
. Expense Reduction & Productivity Drove long-term sustainable expense
reductions through the integration of Hughes, Apex, and Ram Pipe as well
as 2 major business restructurings, off-shoring of administration activity
to India, freight outsourcing, and strict management of discretionary
spend. Result: $110M+ in annual SG&A savings.
. Free Cash Flow Generation Delivered $70M of pre-tax FCF in 2007 and
$44M in 2008 through EBITDA, process improvements, and significant
reductions in working capital.
. Margin Enhancement Delivered 30bps-50bps year-over-year gross margin
improvements in a highly competitive market through relentless
implementation and execution of sourcing strategies, pricing technology,
and proprietary brand initiatives.
. Proprietary Brand Extension Launched Seasons and Brigade proprietary
brands (40+ product lines) that achieved 5% sales penetration in year 3 of
the program. Implemented a Proprietary Brand market value pricing
methodology that delivered a 45% gross margin in 2009.
. HD Supply Divestiture Partnered with CEO and executive team to divest
HD Supply. Successfully sold the business in 2007 to a consortium of Bain
Capital, The Carlyle Group, and CD&R for $8.5B.
Senior Director - Government Solutions and National Accounts, THE HOME
DEPOT 2004-2006
Recruited to drive growth in B2B and government sectors, formed a new high-
growth, market-driven organization by consolidating 5 sales, market
development, and store teams into 1 business unit focused on commercial
customers.
. Government Solutions
- Grew sales 65% year-over-year, elevating revenues to $195M in 2005.
- Saved $1.4M annually by consolidating operations and streamlining
management structures.
- Led the corporate initiative to aid the US Government's hurricane relief
programs.
. National Accounts
- Delivered 2005 sales growth of 17%, generating $120M in total sales.
- Eliminated fixed rebate expenses by converting customer rebate programs
to growth rebate programs.
- Expanded THD's relationship with State Farm and acquired net new
business from GE, Clean Harbor, and BMS.
. Emerging Markets
- Identified opportunity and launched new Emerging Markets organization to
tap into growing Hispanic contractor market. Outperformed non-Hispanic
Market Store growth by 52bps ($100M) in 2005 and 76bps ($150M) in 2006.
The Stanley Works - New Britain CT/Miami FL, 2001-2004
A leading worldwide $4.5B manufacture and marketer of construction,
industrial, DIY, and security products.
Vice President & General Manager - Latin America
Recruited to turn around $80M Latin American business with operations in
Florida and 9 Latin American and Caribbean countries. Fully accountable for
P&L including sales, marketing, distribution, manufacturing, and finance.
. Developed and implemented a dynamic strategic shift by redeploying bulk
of Brazilian assets to Mexico and Florida and executing a channel shift in
Mexico. Reengineered sales, marketing, product development, distribution,
and manufacturing to deliver transformational financial improvement of the
business:
- Increased adjusted gross margins from 35.7% to 39.4%.
- Reduced SGA to sales ratio from 17.7% to 15.1%.
- Improved operating margin before taxes from 18% to 24.3%.
- Grew return on capital employed from 1% to 21.4%.
Federal-Mogul Corporation - Southfield MI/Westin FL, 1985-2001
A worldwide $8B manufacturer and distributor of automotive OEM and
aftermarket parts.
General Manager - Latin America & Central Distribution 1998-2001
P&L leader of the $200M International Export Division with additional
operational responsibility for 3 domestic distribution facilities.
Worldwide product distribution totaled $1B with an employee population of
1000.
. Achieved 11% revenue growth and 2% margin improvement in 2000.
. Delivered $5M SGA savings through acquisition integrations.
. Improved Puerto Rican operating margin 150% by transitioning from branch
to third-party distribution.
. Implemented ERP system that drove 100bps SGA decrease through business
process improvement and digitization.
retail operations manager - Latin America 1996-1998
Held P&L responsibility for 75 retail automotive stores in 5 Latin American
and Caribbean countries.
. Achieved 161% of ROIC performance target in 1997.
. Boosted gross margin from 39% to 42% through an innovative velocity
pricing process.
. Cut inventory 11% by overhauling the inventory management/auto
replenishment process.
. Pioneered remote-site processing for Latin America, centralizing
operations by connecting all stores to US operations by frame relay and
satellite. Delivered dramatic cost reductions and cash flow improvement.
product & sales manager - Latin America 1995-1996
Performed dual role of Export Wholesale Sales & Marketing Manager and Latin
American Retail Product Manager. Also served as Global Process Leader for
corporate-wide CRM initiative.
. Delivered top-line sales growth of 10% in 1995.
product & sales manager - Latin America (continued)
. Added 20,000+ automotive SKUs in support of Federal-Mogul's vertical
integration into the retail channel.
. In 2 years slashed export wholesale expense-to-sales ratio from 10% to
7.7% and increased wholesale gross margin from 32.5% to 35.3%.
marketing manager export division 1994-1995
Managed product, promotion, pricing, and technical training for Western
Florida Export Division.
. Served as Team Leader for highly successful Sealed Power International
acquisition/integration that added $13M in sales and 15K SKUs to global
offerings.
. Significantly increased output with zero additional headcount by
reengineering processes for product line additions.
SENIOR REGIONAL SALES MANAGER 1992-1994
Managed $60M international region (Southwest US and Mexico), directing 18
Territory Sales Managers in automotive aftermarket sales.
. Created new cross-border marketing program and integrated Mexican and US
border regions into new group, generating $12M revenue in year 2.
. Smoothly integrated TRW Southwest sales organization into Federal Mogul
following acquisition.
REGIONAL SALES MANAGER 1988-1992
Managed 10 Sales Managers generating $25M automotive aftermarket sales in
Houston Region and Mexico.
. Led region to best year-over-year growth for 3 straight years in the US
Automotive Aftermarket, while consistently performing under budget and
delivering favorable selling expense-to-sales ratio.
. Integrated newly acquired Switches Electrical Export Business, adding
$3.6M in revenue to the region with no additional resources.
. Developed and launched Spirex branded line of roller bearings and seals
for export to Mexico; built to $1M sales in year 2.
HEAVY-DUTY SALES ENGINEER 1985-1988
Served as Sales Engineer for wholesale distribution network in 6 New
England states.
. Consistent top performer in sales growth over prior year.
. Created "pull strategy," driving Federal-Mogul products to be specified
at the end-user fleet level and pulled through wholesale distribution
customers.
. Developed Heavy-Duty Carter Fuel Pump Program that was adopted
nationwide.
Profile
Education B.S. (Major: Business Management/Minor: Spanish): Providence
College, Providence, RI - 1980
Spanish Language and Culture: Almansa, Albacete, Spain - 1979
Professional Accelerated Leadership Program - THD Finance for the Non-Financial
Development Manager - AMA
Leadership Mastery I & II - F-M Constraint Management - F-M
Advanced Development I & II - F-M Root Cause Analysis - F-M
Account Development Strategies - Xerox Mexican Business Strategies
- Mex-Con
Civic & Board of Trustees, Educational Foundation of the American Supply
Industry Association (ASA)
Leadership Advisory Board, United States Hispanic Contractor Association
Vice President and Board of Directors, Overseas Automotive Council
Mayor's Certificate of Appreciation, Hispanic Contractor Safety
President George W. Bush's Service Gold Award, Civic Participation