Michael M. Maggio
*** ****** ****, *********, ** 19096 (c) 610-***-**** **************@*****.***
EXECUTIVE PROFILE
Turnaround Management Strategic Leadership Increased Profitability
Results driven senior management professional with a solid career history demonstrating leadership and turn around operational management experience. A catalyst for change, team builder and motivator with excellent creative problem solving, organizational, business development and communication skills to transform an organization and achieve bottom line results.
Career Highlights
Successfully turned around a retail food chain from a loss, to a net profit in 15 months.
Reduced operating expenses by 11% while maintaining service levels by instituting energy
management protocol, personnel changes and more efficient purchasing guidelines.
Designed and administered worker's compensation safety program resulting 15% savings and
over 1300 days without a lost time injury for a workforce of over 90 people.
Negotiated three consecutive win-win 3 year Teamsters Union contracts.
Built a new team of truck drivers, warehouse personnel and management with increased productivity, fewer people, reduction of overtime and a miss shipment rate of less than 1%.
Purchased and converted an existing factory to a state of the art warehouse and corporate headquarters on time and under budget.
Areas of Expertise
New Business Development Team Building / Leadership P&L Responsibility
Product Development Contract Negotiations Project Oversight
Policies/Procedures Implementations Safety Assurance Programs Problem Resolution
Multi-Site Facilities Management Process Re-Engineering Staff Training/Mentoring
PROFESSIONAL SUMMARY
Solstice Benefits Plantation, FL
Dental & vision insurance company and marketplace private exchange enrollment platform.
Account Executive 2015-2016
Responsible for business development for the private exchange in twenty six states.
Earned license for Life, Accident & Health for NY State
Developed dental & vision accounts in NYC, Albany and Long Island
Upland Business Capital Moorestown, NJ
Debt restructurer and financial placement firm.
SVP Business Development 2013-Present
Worked with accounting firms, banks and attorneys to assist with client debt restructuring.
Worked with franchisers to obtain franchisee funding.
PTM Sport Drexel Hill, PA Imprinted & embroidered sportswear manufacturer/advertising specialties reseller.
Sales Manager 2007-2013
Trained existing sportswear sales staff in the advertising specialty industry enabling them to introduce new products to their existing customer base.
Opened 45 new accounts in the first year.
Maintained all accounts from merger with SE Concepts increasing sales at PTM by 15%.
SE Concepts Philadelphia, PA
Imprinted & embroidered sportswear manufacturer/advertising specialties reseller.
Managing Partner 2000-2007
Pioneered the promotional marketing division of an existing contract embroidery company.
Developed sales goals and objectives, as well as implementing a program to reach set goals.
Opened and maintained over 150 new accounts including professional sports team, universities, internet companies, museums, radio stations, banks, and pharmaceutical companies.
T.I.B. Corporation Philadelphia, PA
M. Maggio Co. Division
Manufacturer Italian cheese products; distributor dairy/deli specialty products.
General Manager 1986-1999
Reduced company debt by 75% by selling off unused assets.
Revised pension program for union & non-union employees.
Renegotiated bank line of credit & restructured company debt resulting in $100,000 annual savings
Purchased and general contracted renovations of corporate headquarters & distribution center.
Negotiated new private label manufacturing contracts resulting in higher profit margins.
Identified and initiated contact with a potential buyer for the company, spearheaded
negotiations and completed the transaction.
Rebuilt entire fleet of 36 trucks increasing load capacity by 20%.
Farmers Choice, Inc. Division
Retail Food Company
General Manager 1983-1986
Returned the company to profitability in one year
Developed completed and one, three and five year goals and objectives.
Renovated all stores.
Developed and trained new management team for each location.
EDUCATION
Bachelors of Science, Food Marketing St. Joseph’s University, Philadelphia, PA
LICENCES
NY State Life Accident & Health