THOMAS L. MUSCALINO
** ********* ***** ***** *****, NJ 07078 973-***-**** ************@*******.***
EXECUTIVE PROFILE
CEO COO
Decisive, proactive organizational leader with extensive record of success in highly competitive consumer products arena.
Demonstrated expertise in authoritatively and quickly orchestrating successful turnaround and change management
strategies. Proven ability to introduce initiatives that streamline processes, slash costs, and improve customer service.
Highly adept at coordinating finances, managing full organizational P&L responsibility, and directing complex multi-site
manufacturing operations. Proficient at piloting all areas of sales and marketing to dramatically increase company revenues
and market shares. Skilled communicator with exceptional team guidance and interpersonal talents.
Selected Highlights
• Successfully coordinated full P&L and operating responsibility for company’s three existing business units with
total revenues of $466M.
• Completed $150M senior high-yield note offering.
• Secured $200M asset-based credit facility.
• Facilitated market share growth from 3% to 12% by implementing strategic customer-specific marketing plan.
• Generated industry-leading 10.5% CAGR from 1993 through 2002 and 14% EBITDA yearly average.
• Led company to achieve rapid organic growth that enabled IPO.
Areas of Expertise
Turnaround / Change Leadership Corporate Finance Sales & Marketing
Mergers and Acquisitions Multi-Site Manufacturing Global Sourcing
Asset Rationalization Enterprise IT Product Development
PROFESSIONAL SUMMARY
THOMAS LEE, LTD.
Internet-based consumer product retailing company (www.thomasleeltd.com)
CEO 2005 to Present
• Developed and branded unique product content targeted to the luxury market segment.
• Established Asian manufacturing and supply chain.
• Established domestic warehousing / customer fulfillment capabilities.
• Funded extensive direct consumer-branded marketing / advertising campaign.
DAN RIVER, INC.
Leading designer, marketer, and manufacturer of consumer products
President COO 2003 to 2005
• Successfully coordinated full P&L / operating responsibility for company’s three existing business units with total
revenues of $466M.
• Provided strategic vision and leadership to all business constituents including employees, customers, lenders,
investors, licensors, and suppliers.
• Secured $200M asset-based credit facility.
• Completed $150M senior high-yield note offering.
• Identified and led company rationalization initiatives to facilitate successful emergence from Chapter 11
reorganization within 11 months after filing date.
• Accelerated aggressive cost reduction.
• Decreased employee headcount from 7,200 to 3,400.
(Continued, page two)
Thomas L. Muscalino Page Two
• Reduced domestic manufacturing base by initiating and coordinating a 50% ( 24 facilities to 12 ) plant-closing
strategy.
• Streamlined internal divisional operating structure of three units to one functional organization.
• Replaced internal domestic production with low-cost sourcing from Asia and Mexico.
• Successfully sold several underperforming company-owned facilities and equipment, including Engineered Products
business.
• Oversaw direct reports of EVP Sales & Marketing, Unit President, EVP Manufacturing, and Senior VP Global
Sourcing.
President, Consumer Products 1993 to 2003
• Held full divisional P&L and functional responsibility, including: design, product development, licensing,
marketing, sales, manufacturing, sourcing, capital allocation, inventory, and supply chain management.
• Initiated and led company-wide quality improvement program that increased quality by 70% over 1993 levels.
• Repositioned company from a low margin commodity supplier to a focused consumer product marketing company
with compelling, high value-added products. Result: generated industry-leading 10.5% CAGR from 1993 through
2002 and 14% EBITDA yearly average.
• Generated significant revenue and operating income growth:
o 1993 sales = $177M, operating income = $17M, EBITDA = $25.7M
o 1998 sales = $332M, operating income = $36M, EBITDA = $45.7M
o 2000 sales = $470M, operating income = $44M, EBITDA = $68.0M
o 2002 sales = $441M, operating income = $44M, EBITDA = $67.8M
• Contributed directly to drafting and road show for $100.5M IPO.
• Implemented strategic customer specific marketing plan, which facilitated market share growth from 3% to 12%;
developed significant business relationships with retailers in all trade classes, including department / specialty
stores, national chains, mass merchants, regional discounters, direct merchants, and warehouse clubs.
• Reduced in-process manufacturing time from ten weeks to four.
• Developed “lifestyle” brand initiatives via licensing, which effectively reached diverse consumer demographic.
• Built significant private-label business to capitalize on competing retailers’ needs for product differentiation.
• Championed relentless cost reduction and continuous process improvement culture.
• Spearheaded and successfully rationalized acquisitions including the Bibb Company in 1998, which provided
$120M accretive revenue with access to the juvenile and hospitality market segments.
• Implemented world-class internal and external supply chain, which facilitated excellent customer service and
improved inventory management; Adopted SAP ERP and I2 demand-planning systems. Result: reduced closeouts
from 8% to 2%, increased inventory turn from 3.2X to 4.8X, and achieved 98% on-time and complete customer fill
rates.
• Managed direct reports including six Senior VP’s of Sales & Marketing, one Senior VP of Product Design, three
VP’s of Manufacturing, and one VP / Financial Controller.
WEST POINT STEVENS
Designer, marketer, and manufacturer of consumer products
Division President, Consumer Products 1990 to 1992
• Held full P&L and operating responsibility for $590M consumer products division.
• Provided leadership to direct reports, including five VPs of Sales & Marketing, one VP of Design, four VP’s of
Product Merchandising, two VP’s of Manufacturing, and one VP / Financial Controller.
Vice President of Sales & Marketing, Martex Brand 1988 to 1990
• Led Sales & Marketing for dominant $110M brand sold via department stores, emerging specialty stores, and direct
merchants.
Vice President of Sales & Marketing, Lady Pepperell Brand 1984 to 1988
• Led all initiatives for brand targeted to mass merchants, discount stores, warehouse clubs, and direct merchants.
• Increased brand revenue from $65M in 1984 to $120M in 1988.
EDUCATION
NAME Page Two
Bachelor of Arts Colgate University