Sales Supply Chain

JOHN T. BOHENICK

**** **** ******** ****** ****: 303-***-****

Littleton, Colorado 80128-2513 *********@***.*** Cell: 303-***-****

SENIOR EXECUTIVE/CEO/PRESIDENT

Visionary, agile Senior Executive with a proven record of maximizing return

on invested capital in global businesses. Background encompasses success

in research, development, operations, sales, financial and supply chain

management. Insightful and inclusive leader skilled in building effective

management teams focused on innovation and business performance

improvement. Demonstrated effectiveness in developing enduring

relationships with customers, employees and suppliers, focusing on building

success for all. Known for pioneering significant shifts in strategic

direction, leveraging personal tenacity and courage to guide executive

teams to tackle complex problems. Proven ability to look forward and make

market-focused, integrity-based decisions to increase shareholder value.

Adept at translating strategic perspectives into powerful action plans,

forging new partnerships and positioning organizations to accelerate

growth.

. Led Gates through the severe global economic crisis in 2008, achieving

profit and free cash flow at 2007 levels.

. Built integrated supply chain organization, reducing costs and working

capital, while increasing service levels and cash flow.

. Fostered a 'One Gates' culture to leverage the interdependence of the

strengths of Gates and all associates.

. Partnered effectively with industry analysts and investors, and

governments to promote the image and strategy of Gates.

. Launched entrepreneurial business model, Breakthrough Innovation Teams,

to create growth outside of traditional business.

PROFESSIONAL EXPERIENCE

Bohenick LLC, Littleton, Colorado 2009-Present

Providing consultancy services focused on executive leadership, business

development, and mergers and acquisitions for both public, private, and

private equity owned businesses.

. Provided advice and direction through Gerson Lehrman Group and

CognoLink ltd. to investment bankers, private equity and analysts

regarding trends in markets, customers and suppliers for industrial

and automotive markets globally.

. Special consultancy projects supporting potential mergers and

acquisitions in the industrial and automotive markets.

GATES CORPORATION (Subsidiary of Tomkins plc, United Kingdom) Colorado,

Belgium, Michigan and Canada 1988-2009

Global leader in the design, manufacture and distribution of power

transmission and fluid power components, systems and services.

President, Denver, Colorado (2007-2009)

Led global organization with 15,000 associates and annual revenue of $3

billion with 58 manufacturing and assembly plants, 26 distribution and

service centers, and six technical centers, with full P&L responsibility.

Oversaw entire operation from finance to supply chain, business systems to

research, engineering, sales and marketing. Reporting to CEO, developed

strategic and tactical plans to drive overall growth and profitability,

focused on continuous improvement in safety and environment, quality,

delivery and cost. Strengthened global brand by refining Gates brand

promise, values and architecture.

. Built market share in emerging markets including joint ventures and

partnerships. Reduced fixed costs in developed regions and accelerated

innovation enterprise-wide.

. Achieved sales of over $3 billion, operating profit close to 10%, while

increasing cash flow over 2007 to achieve cash flow to operating profit

ratio of greater than 1.0, and ROIC after tax of 12% in 2008.

. Formulated global restructuring plan with forecasted EBITDA improvement

of $75 million by transferring manufacturing to lower cost countries,

outsourcing back office operations and implementing strategic pricing.

. Refocused leadership team to achieve financial commitments in 2008 for

sales, operating profit and cash flow despite softening markets and

significant increases in raw material costs. Led regular reviews of

enterprise objectives and key business metrics to align all efforts,

track progress and maximize ROI. Identified cost reduction initiatives

for 2009, eliminating $30 million of expenses with a one year payback.

. Developed strategic plan focused on end-markets, defined 'Change the

Business' initiatives and 'Run the Business' objectives. Balanced

efforts on organic growth, geographic expansion, strategic acquisitions

and divestment of underperforming businesses.

. Established vision to build a billion dollar service business focused on

the Oil and Gas industry, and maintenance. First two years results were

on track to deliver the vision.

. Built global Supply Chain organization to leverage supplier development,

purchasing, demand management, distribution, logistics, transportation

and business systems. Implemented program to reduce working capital,

improve service levels and release $100 million of cash over a three-year

period.

. Accelerated growth by integrating Stackpole and Mectrol acquisitions and

harnessing synergies across the organization.

. Expanded lean culture to include all core business processes, building

upon success of lean for production and supply chain management, enabling

headcount reduction of over 250 FTE's in back office functions and IT.

JOHN BOHENICK Page Two

President, Power Transmission Division Europe, Erembodegem, Belgium (2006-

2007)

Full P&L responsibility for multi-plant network and strategic leadership of

manufacturing, supply chain, business development, finance, RD&E, sales and

marketing functions, reporting to the President of Gates Power Transmission

Division. Managed all business operations in Europe, Russia (CIS

countries), Middle East and Africa with Global responsibility for Gates

Performance Systems business unit built around highly successful

polyurethane belt products. Annual turnover of sales exceeded E430

million.

. Turned around business, overcoming three years of declining operating

profit. Worked to build a strong team across multiple countries to

leverage strengths in all markets.

. Achieved average increase of 5.2% in sales and 10% in operating profit.

. Re-focused organization to drive sales in automotive and industrial

replacement markets. Increased sales 10% per year in automotive

replacement markets and 7% per year in industrial general markets.

. Engaged R&D to respond to market priorities and launch new products and

systems with strong intellectual property, strong customer need and

sustainable competitive advantage. Focused solutions on key end-markets

of mining, oil and gas, water treatment and manufacturing. Launched

award-winning products that enabled new business growth.

. Developed and implemented plan to accelerate growth in areas such as

Central and Eastern Europe, Russia (CIS) and South Africa. Established

first Gates legal entity in Russia to allow direct shipment of products

to customers.

. Implemented Supply Chain Management plan that included consolidation of

distribution in Western Europe from four centers to two centers and

expansion of distribution centers into Russia and Turkey.

. Formulated plans to restructure operations, building production and

distribution capacity in Eastern and Central Europe and Russia,

identifying over $30 million in fixed cost reductions while setting goal

to double sales in the region via improved distribution efficiencies.

President, Power Transmission Division North America, Denver, Colorado

(2003-2006)

Reported to the President of Gates Corporation, managed multi-plant network

and strategic leadership of manufacturing, supply chain, business

development, finance, RD&E, sales and marketing functions. Full P&L

responsibility, with over $650 million in sales.

. Increased operating profit 15%, return on invested capital 16% and sales

per employee 8% from 2003 to 2006. This was achieved by aligning the

organization with market-focused R&D, increasing new product

introductions for the automotive and industrial aftermarkets and

leveraging supply chain management.

. Increased shareholder value as measured by economic value 48% over three

year period by increasing profitable sales, reducing costs in operations

and an intense awareness and focus on managing working capital.

. Increased sales in industrial markets by over $50 million (30% increase)

over three years based on value selling to distribution, attack on roller

chain drives and complete system solutions to original equipment

manufacturers.

. Hired new leadership team and grew overall sales in Mexico 10%; a 19%

increase for power transmission business in next year.

. Implemented Supply Chain Management strategy and organization to execute

complete pull system achieving 20% reduction in inventory (raw materials,

WIP, and finished goods) and increased leverage with suppliers.

. Spearheaded partnership in CoLinx Distribution Company to accelerate

velocity, quality and availability of industrial products.

. Established center of excellence for material processing and development

in Columbia, Missouri to consolidate compound mixing for all North

American facilities and cord processing for all Gates worldwide

facilities.

. Managed closure of belt manufacturing plant in Elizabethtown, Kentucky, a

union facility, requiring movement of equipment and manufacturing know-

how to three plants in USA and one plant in Mexico.

. Increased ROI by driving product platforms and product life-cycle

management based on broad technology platforms.

. Commercialized breakthrough technology using high modulus carbon fiber in

belts to replace automotive and industrial chains.

. Completed focused research at Cornell University and Michigan State

University aimed at nano-composite technology including nano-fillers for

high temperature urethane and nano-graphite to increase performance.

. Led all Gates lobbying efforts with state and federal governments to

support development projects and investments, anti-dumping legislation,

trade remedies and duty-suspension bills, resulting in continued support

for CDSOA funds under Byrd Amendment (achieved $15 million in

reimbursements) and challenge to Neoprene anti-dumping legislation.

Vice President of Technology, Power Transmission Division

Regional Technical Director, North America, Power Transmission Division

Vice President, Engineering, Gates Power Drive Products

Director, Program Management, Gates Power Drive Products

NV ENGINEERING, INC., Rochester Hills, Michigan

President

GENERAL MOTORS CORPORATION, Madison Heights and Pontiac, Michigan

Release and Development Engineer, Saturn Corporation and Project Engineer,

Pontiac Motor Division

EDUCATION

BS, Mechanical Engineering (with Distinction), Cornell University, Ithaca,

New York

JOHN BOHENICK Page Three

PROFESSIONAL ASSOCIATIONS AND BOARD MEMBERSHIPS

Served on the Board of Directors for Unitta Corporation (Japan), 1999-2001

Colorado Association of Commerce and Industry (CACI) Board of Directors,

2005-2006

Research and Technology Executive Council, Corporate Executive Board, 2003-

2008

Society of Automotive Engineers (SAE)

Cornell Engineering Alumni Association

Association for Corporate Growth (ACG)

FIRST Mentor for Robotics Competition

PUBLIC SPEAKING, TECHNICAL PAPERS AND AWARDS

Lead presenter for Industry Analysts and Investors at Tomkins Capital

Markets Day in 2000, 2001, 2003, 2004, 2006, 2007 and 2008. Presentations

made in Rochester Hills, Michigan; NYSE New York, New York; Cazenove in

London, England; Legnica, Poland and Karvina, Czech Republic.

Recognized as a key business leader for establishing Gates Performance

Systems business unit in Kentucky by Governor of the State of Kentucky,

Ernie Fletcher, as a Kentucky Colonel, 2007.

Keynote Speaker at 2003 Rubber in the Americas Conference, presentation,

How to Keep Technology Flowing: An Overview of the Gates Power Transmission

Global Organization.

Presentation and Technical Paper, Electro-Mechanical Drive (EMD) System

Solutions for 14/42 V Belt-Driven Starter/Generator Stop-Start Systems, for

the 42 Volt Automotive Systems: Strategies for Successful Implementation

and Commercialization of 42-Volt Technology Conference, September 4-5,

2002.

Technical Paper, Power Transmission Systems: Trends and Developments in

Accessory Belt Drive Systems, published in 2001 Global Automotive

Manufacturing and Technology Magazine.

Organizing committee member for EnV2001 Global Solutions for Sustainable

Mobility Conference.

Presented Global Trends for System Performance Requirements for Accessory

Belt Drive and Synchronous Belt Drive Systems at 1997 Automotive Systems

and Elastomer Applications Symposium, Rubber Division of American Chemical

Society.

Recognized by Crain's Detroit Business as Top Rising Young Business Person

under 40 years of age, 1993.

Presented paper, Sources of Discrete Tone Noise in Automotive Induction

Systems, co-author with Dr. John Lamancusa (Penn State University) at the

International Conference on Noise Control, Cambridge, Massachusetts, 1986.

Additional EXPAT Experience

GM HOLDEN'S ENGINE COMPANY, President of NV Engineering Inc. (Consulting

contract), Melbourne, Victoria, Australia

AG Middle East (division of AG International), Manager, Agriculture

Operations, Doha, Qatar

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