DAVID AUSTIN
**** ****** **** ********, ** ***** 501-***-**** abnij0@r.postjobfree.com
RESULTS-DRIVEN BUSINESS LEADER
High performing leader with an MBA and proven ability to consistently deliver superior business results and add
measurable value across multiple industries. Able to think strategically and deploy intricate strategic initiatives
with precision and clarity. Seasoned manager adept at leading cross-functional teams, delving into complex
business challenges, and driving change in a fast-paced environment. Strong competencies in strategic
planning, project leadership, business consulting, analytical problem-solving, and developing, implementing
and managing marketing programs.
Leadership Strategic Planning Project Management Business Consulting Marketing Management
New Program Development Multi-Media Marketing Program Management
Program Branding & Brand Positioning Channel Marketing Market Analysis
Contract Administration Analytical Problem-Solving Public Relations Business Development
PROFESSIONAL EXPERIENCE
NATIONWIDE INSURANCE – Nashville, TN
Nationwide Insurance is a Fortune 100 company and one of the largest insurance and financial services
companies in the world with over 16M policies in force and $22B in annual revenues.
Senior Business Consultant 2003 - Present
Provided business and marketing consulting to over 100 Agency owners in the South Central Region. Selected
to join corporate consulting group focused on high profile special projects for senior management related to risk
mitigation and companywide marketing initiatives.
Performed in-depth financial analysis, identified key risk factors, and made “fund or buy-out”
•
recommendations to Regional VP’s and Sales Officers regarding national Agency Executive program;
recommendations accounted for incremental business capital investment exceeding $9M
Conducted first in-depth evaluation of company’s nationwide Independent Agency Acquisition, Merger, and
•
Capital Access Loan programs; Acquisition portfolio represented $17M in annual revenue, Merger portfolio
represented $121M in annual revenue, and Capital Access Loan portfolio represented $82M in loan value;
presented key findings to senior management regarding effectiveness of programs and ROI
Developed business plans, P&L’s and funding requests for 25 Independent Agent acquisitions resulting in
•
closed acquisitions exceeding $23M in new annual revenue
Developed business plans, P&L’s and funding requests for 22 new Agency Executives resulting in over
•
$9.4M in new capitalization for new Agency Executive hires
Developed business plans, P&L’s and funding requests for 60 Capital Access Loans securing over $5M in
•
new capital funding to grow existing agencies
UNIVERSITY OF ARKANSAS MEDICAL SCIENCES – Little Rock, AR
Project Director 2003
Hired to ‘turnaround’ a joint research project funded by University and Veterans Administration. Directly
managed 14 researchers and $2M annual budget.
Increased phone survey response rates by 25%
•
Converted 20% budget overrun to under-budget performance and returned project to original schedule
•
Designed and implemented new Research Analysis & Reporting system
•
ENTREPRENEURIAL
Private Consulting – Magnetic Energy Limited, Huntsville, AL 1999-2002
Provided strategic business planning for inventors of new power generation technology.
Authored a Strategic Issues White Paper including key stakeholders analysis and identifying key strategic
•
business and marketing considerations for commercializing new power generation technology
David Austin Page 2
Led efforts to seek funding from investor groups including electric utility partners, private investors, and
•
grants
Developed Business Plan that resulted in $3.5M grant to fund prototype development
•
Private Consulting – Energy Master Home, Little Rock, AR 2000 - 2001
Provided strategic marketing and operational efficiency consulting to HVAC company serving the greater Little
Rock metropolitan market. Deployed repositioning and multichannel marketing strategies.
Repositioned company by creating new differentiated value proposition – shifted focus from traditional
•
HVAC sales, service and installation to more inclusive “whole house energy efficiency” focus
Rebranded company and launched multi-media marketing campaigns resulting in a 75% increase in
•
annual revenues
Increased penetration of new construction segment through targeted campaign and building relationships
•
with builders who specialized in energy efficient construction
Increased company profitability over 25% through increased sales, improved scheduling, and new pricing
•
strategy
ENTERGY CORPORATION – New Orleans, LA and Little Rock, AR
Entergy Corporation is a Fortune 500 electric and natural gas utility serving over 2.7M customers in Arkansas,
Louisiana, Mississippi, and Texas with annual revenues exceeding $11B.
Segment Manager – Residential Marketing 1996 - 1998
Promoted to new Segment Manager position. Recruited and staffed this new department. Drafted strategic
plan for Entergy’s residential marketing efforts in four state service area.
• Led the program development and successful launch of new Comfort Crafted Home program
• Built strategic alliances with Energy Rated Homes, Norwest Mortgage, and key builders
• Reestablished significant presence in the residential new construction market through comprehensive
advertising in major trade journals, TV, radio, bill inserts, customer and builder seminars, and Parade of
Homes
• Launched direct marketing fulfillment process through new Entergy Direct 1-800 service in support of multi-
faceted promotional campaign
• Team leader for Entergy’s Louisiana Initiative – developed strategic and tactical plans for company’s gas
business development efforts
• Team leader for Entergy’s Gas Competitive Market Structure Initiative – presented final recommendations
to company’s Competitive Strategy Oversight team
Residential Program Manager 1993 - 1996
Promoted to new position to mange the company’s residential program portfolio in four states. Developed
strategic and tactical marketing plan, sales goals, and managed $3M annual budget for Entergy’s 4
autonomous State Marketing & Sales organizations. Key liaison to Residential Sector Executive, VP of Energy
Services, and company’s Least Cost Planning group.
Created and implemented new Home Remedies TV and Radio series focused on home energy efficiency
•
resulting in over 850 new customer leads for company’s residential marketing programs
Led “Best Practices” evaluation of Entergy’s and Gulf States Utility’s residential marketing programs in
•
support of Entergy/Gulf States merger
Prepared testimony for regulatory review of Entergy’s Customer Controlled Load Management pilot
•
program in AR and interrogatory responses for company’s Demand Side Management and Least Cost
Planning regulatory filings in 4 state service area
Senior Staff Marketing Analyst, Market Analyst 1987 - 1992
Team leader for corporate task force challenged with developing and implementing new product
•
development process ($1.9M annual budget) and providing training for 50 new product development team
members in 4 states
Managed marketing research projects for residential sector - $700,000 annual budget
•
Implemented company’s first project to explore non-traditional segmentation methodologies based on
•
demographics, psychographics, and energy use behavior
Prepared $8.5M annual operating and capital budget for centralized marketing headquarters organization
•
David Austin Page 3
Coal Contracts Analyst 1983 - 1987
Administered Western coal supply agreements representing over 10M tons delivered annually to company
power plants, developed monthly cash flow forecasts, and performed incremental cost analysis for determining
optimal coal supply alternatives.
Represented company at monthly operations meetings with joint venture mining partners (Peabody Coal
•
and Panhandle Eastern)
Led successful negotiations with Wyoming State Land Commissioner to reduce company’s royalty
•
payments
Developed analysis methodology and conducted economic feasibility study to assess the financial impact
•
on ratepayers of Arkansas Coal legislation – authored and delivered comprehensive report to company
senior management
AMAX COAL COMPANY – Indianapolis, IN
The nation’s 3rd largest coal producer; a subsidiary of AMAX, Inc. – a worldwide supplier of metals and energy.
Coal Contracts Analyst 1981 - 1983
Led analysis and delivered executive briefings for: an $850M joint venture mining proposal, a $200M
•
contract renegotiation with a major electric utility customer, and a $50M deficient tonnage settlement
Initiated and authored “white paper” for senior management addressing pricing methodologies inherent in
•
company’s coal supply portfolio and the sensitivity of company’s profitability given varying levels of mining
efficiency
FORMAL EDUCATION
Master of Business Administration, Finance 1980
Pamplin College of Business, Virginia Tech, Blacksburg, VA (Honors)
Bachelor of Science, Industrial Management 1978
University of Tennessee, Knoxville, TN (High Honors)
PROFESSIONAL TRAINING & DEVELOPMENT
Nationwide Insurance Leadership Development Program, 2006
Entergy Executive Development Program, The Wharton School, University of Pennsylvania, 1998
Marketing Management Executive Program, Columbia University Graduate School of Business, 1993
Economic Analysis & Decision Methods, Colorado School of Mines, 1982
OTHER PROFESSIONAL EXPERIENCE
Joint Publications, Electric Power Research Institute Research Symposium, 1992
“A Behavioral-Based Segmentation Methodology – The Next Step Beyond”
“The Method of Data Collection May Affect Your Answer: A Study of Mail Non-Response Bias”
President, American Marketing Association, New Orleans Chapter, 1989 – 1990
During tenure increased chapter membership by 15%, increased program attendance by 45%,
and increased chapter revenues by 35%.
Gratis Marketing Consulting – United Way of New Orleans & New Orleans Symphony, 1988
Substitute Teacher, Holy Cross College (New Orleans) – Marketing and Managerial Accounting, 1988
Keynote Speaker, Small Business Administration Marketing Series: “Pricing Seminar”, 1987