Matthew R. Fulton...
**** ******* *****, ********* * . Oak Park, CA 91377 . 805-***-**** .
************@*******.***
Multidimensional Global Operations and Business Development Executive with
demonstrated success developing and executing strategies that drive new
business wins, sustainable growth, build operational synergies, expand
corporate capabilities, and deliver consistent double-digit return on
investment. Develops strategic vision to optimize OEM and EMS
manufacturing through Lean manufacturing, process flow, and quality
processes to improve profitability and business unit performance.
Motivational leader recognized for driving product innovation, resource
optimization, collaborative communications, and for the ability to inspire
and develop strong teams who consistently increase quality, profitability,
and customer satisfaction. Multilingual individual who has lived and
worked in Latin America, Europe, and US. Select accomplishments:
. Business Development: Implemented initiatives to identify both
tactical and strategic business opportunities in North America for a
Global EMS company and worked with Sales staff and Operations staff to
develop the opportunities, to successfully quote the business, and to
win the business and successfully transfer in excess of $2B USD
annualized. Opportunities included build-to-print, acquisitions and
design, development, qualification and manufacture scenarios.
. Business Transformation: Led and delivered complex business
transformation, increasing EBITDA from negative 8% to +16% at several
companies. Re-engineered company's organizational structure, saving
$160M at CTS, and spearheaded comprehensive business transformation
initiatives at Elcoteq, saving >$230M over three years, remaining
profitable despite bankruptcy of parent/operative entities.
. Operations Management: Optimized business performance through Lean
manufacturing and continuous improvements methods to improve on-time
delivery, quality, and profitability across the value chain. Reduced
work-in-process inventory from $50M to $5M, reduced turnaround time
from two weeks to two days at Elcoteq. Reduced labor costs 22%, and
increased on-time delivery to 98% at CTS.
. Leadership Development: Top-graded key positions and championed
incremental investment in people and technology. Introduced competency-
based training and succession planning, leading to <0.2% turnover at
Elcoteq. Eliminated three layers of management and introduced pay-for-
performance culture, delivering employee bonuses for first time in
three years, and driving profitability from $4M to $57M.
Core Competencies that Build Organizational Capability
. Strategic Business Planning
. Business Turnaround and Transformation
. $350M - $1.2B P&L Management
. Revenue and Profit Generation
. Lean Process Re-engineering
. Quality Management
. Business Development
. Account Management
. Project Management
. Leadership Development
. Strategic Relationship Management
. Human Resource Capital
. Capital Governance
. Communication and Collaboration
A Career of Delivering Optimized Results
CTS ELECTRONIC MANUFACTURING SERVICES, A $300M electronic manufacturing
services provider. 2012
VICE PRESIDENT GLOBAL OPERATIONS, Moorpark, CA
Recruited to drive restructuring and to implement best practices across six
sites in China, Thailand, Mexico, and US. Led total business operations,
contracts, finance, HR, continuous improvement, program management, and
site GMs. Directed 1,400 employees. Full P&L authority for $300M operation.
. Developed One World strategy and reorganized operations structure to
maximize operational synergies/best practice sharing.
. Disengaged with unprofitable accounts, closed sites in China and
Scotland, and transferred automotive, medical, defense, aerospace, and
industrial products within the US, and consumer, industrial, medical, and
security products to offshore sites in Mexico and Thailand.
. Reduced work-in-process and inventories from $80M to $49M, reduced
turnaround time from six to eight weeks to two weeks, and reduced
headcount 22%. Fixed/variable cost reductions doubled cash flow and
reduced revenue required for breakeven P&L from $100M/quarter to
$65M/quarter.
. Spearheaded 5S and Lean manufacturing processes, increasing on-time
delivery from 45% to 98%, increasing "First Pass" quality, and improving
efficiencies from 50% to 85%.
. Expanded Mexico operations, transferring seven accounts, and increasing
annualized revenue from $15M to $60M.
. Reintroduced business operations to Thailand following national flood
disaster. Streamlined site operations and introduced risk mitigation
activities to protect future business. Transferred medical, security, and
industrial products back to Thailand with annualized revenues of $60M.
ELCOTEQ, A $1.5B electronics manufacturing service and global aftermarket
repair service provider. 2007 - 2012
MANAGING DIRECTOR, ELCOTEQ HUNGARY LTD., Pecs, Hungary 2009 - 2012
Selected by CEO to assume leadership for under-performing Hungarian
facilities, the company's largest manufacturing site, with three
manufacturing facilities and six warehouse operations. Led program
management, business development, legal, contracts, quality, logistics,
manufacturing, test, configuration/packaging, aftermarket services,
customs, finance, HR, training, security, and facility operations. Directed
4,500 employees. Full P&L authority for $1.2B operation.
. Right-sized organization and achieved $8M turnaround in first six months
to return site to profitability. Grew profits from $4M to $57M in 12
months.
. Identified new AMS/EMS business opportunities and secured five major
accounts. Increased aftermarket sales from $100M to $200M and total sales
from $729M to $1.2B.
. Closed two manufacturing facilities and six warehouses, and consolidated
all manufacturing and warehouse operations into one site, reducing
fixed/variable costs 50%. Reduced headcount from 4,500 to 3,200.
. Introduced visual factory/one-piece flow to streamline production
operations and the repair business, reducing turnaround time from 7-10
days to 1.8 days, and increasing on-time delivery from 80% to 100% in
production.
. Engaged four global mobile communication/consumer electronic OEMS for
after-market services, introducing >20 models/products in 4-6 months.
. Created process "cookbooks" to consolidate reporting
resources/directions, eliminated three layers of management and 60% of
indirect staff, introduced data-driven, metrics-based meetings, and
initiated a pay-for-performance culture to drive performance. All
eligible employees received bonuses for first time in three years.
. Partnered with banks, government, and labor unions, and negotiated with
competition to retain/transfer business during parent company's
bankruptcy process. Ensured employees received all monies owed and
business transferred prior to departure.
MANAGING DIRECTOR, ELCOTEQ S.A. DE C.V., Monterrey, Mexico, 2008 - 2009
Promoted to lead turnaround of unstable organization with significant
customer relationship, service, and operational issues. Led warehouse
operations, manufacturing, account management, HR, finance, customs,
traffic, purchasing, engineering, quality, security, and training. Directed
4,500 employees. Full P&L authority for $600M operation.
. Developed strategies and implemented infrastructure changes to
successfully turnaround operations from $18M loss to $50K profit center
in six months.
. Re-engineering plant layout and implemented visual factory and Lean
manufacturing processes, reducing work-in-process inventory from $50M to
$5M, and turnaround time from 26 days to two days from order receipt.
. Consolidated product lines from 14 to four, reducing capital asset costs
60% ($15M).
. Revised security and inventory management programs, decreasing shrinkage
$3M annually.
AMERICAS REGIONAL ACCOUNT DIRECTOR, Monterrey, Mexico, 2007 - 2008
Recruited to manage strategic account relationship with RIM, a global
leader in wireless innovation. Led account management. Served as a sole
contributor. Full P&L authority for $600M account.
. Introduced several hundred product iterations for Blackberry, driving
annualized revenues of $600M.
. Reduced work-in-process inventory from $100M - $50M, and reduced
turnaround time from one month to two weeks.
JABIL CIRCUIT, A $16B worldwide provider of electronics manufacturing
services. 1992 - 2007
GLOBAL BUSINESS UNIT DIRECTOR, AUTOMOTIVE GROUP, Chihuahua, Mexico, 2005 -
2007
Transferred at request of Senior Vice President, Business Accounts to grow
key account into a global partner. Led manufacturing, engineering, quality,
supply chain, and finance in cross-functional matrix organization. Directed
>200 employees. Full P&L authority for $100M operation.
. Launched seven new automotive products, driving $100M annual revenue.
. Managed relationship with global account (Delphi), as they progressed
through bankruptcy, to ensure Jabil was not adversely affected.
Successfully collected $1M (90%) of outstanding receivables.
REGIONAL BUSINESS DEVELOPMENT DIRECTOR, LATIN AMERICA, Chihuahua, Mexico,
2000 - 2005
Selected to grow business in Latin America market. Led business development
and business management. Directed 50 employees in Latin America. Full P&L
authority.
. Secured 17 major accounts, increasing annualized sales in Latin America
from $800M to $2B.
. Launched two manufacturing sites in Mexico and one in Brazil, with 1.2
million square feet, delivering $550M incremental revenue. Met all
technical and international business regulatory requirements.
. Hired/trained local business development teams and created management
training program to increase leadership skills. Program led to 12
internal promotions at three sites in five-year period.
. Ensured viable business relationship with labor unions and
built/maintained business operations with no labor grievances.
. Partnered with Corporate on merger/acquisition activities and integration
of two large business acquisitions/technology transfers, valued at >$2B
in the automotive and consumer electronics markets.
GLOBAL BUSINESS UNIT DIRECTOR, WHITE GOODS, Auburn Hills, MI and
Guadalajara, Mexico, 1997 - 2000
BUSINESS UNIT MANAGER, AUTOMOTIVE, Auburn Hills, MI, 1992 - 1997
Education and Military Experience
MBA, International Marketing, Kensington University, Glendale, CA
BS, Air Force Academy, Colorado Springs, CO
USAF, Navigator/Electronic Warfare Officer, Mather AFB, CA
Fluent in Spanish and English, Conversant in Hungarian
Industry Recognition
Authored, "Artificial Intelligence & Wave Soldering Process," Electronic
Packaging and Components, 1987
Guest Speaker, "Artificial Intelligence & Wave Soldering Process," Advanced
Electronics Seminar, China Lake, CA
CREATING CULTURES OF CONTINUOUS IMPROVEMENT TO DRIVE RESULTS