DAVID C. TEIGEN
CHIEF OPERATING OFFICER & SALES MANAGEMENT
**** ***** ****** ***** ********, ID 83642 208-***-****
****.******@*****.***
"Leading organizations through controlled growth in a motivated atmosphere"
EMPLOYMENT HISTORY
TMAC Consulting/Belkorp Ag 2009-May
2013
Acquisition and Operational Management
Merger & Acquisitions:
. Initiated communications with potential sellers to discuss transaction
options.
. Successfully sought and acquired private investors to support $30M
investment in four locations. This included presentations to public
corporations, private equity groups, as well as private family
investment companies.
. Active in four business acquisitions/six locations including purchase
price valuations, led diligence team and developed pricing
calculations including all fixed assets and inventory. Using this
model as a guide, it resulted in four successful acquisitions in two
years totaling $30M.
. Successfully organized and presented acquisition proposals to Deere
management staff.
. Once acquired remained on staff to oversee location integration and
operational development
DAVID C. TEIGEN
COO & SALES MANAGEMENT
Sales Analysis and Management:
. Utilizing market share, customer, and financial data analysis, sales
forecast which tied into overall organizational financial budget that
called for 20% + increase in sales with .5% Gross Margin increase,
which both were achieved. This resulted in a net increase of $4.0M in
sales good sales in 2012, while maintaining Gross Margin levels.
. Upgraded technology capabilities to enhance and accelerate sales
department proposal process with signature imaging and internal
integration.
. Quickly produced individual sales forecasts for a sales team of eight
each with financial and model mix targets correlating to targeted
market share growth.
. Assessing sales marketing program, reorganized sales department
marketing efforts, increasing internet exposure, while decreasing
print media 20%, a $20,000 annual savings.
. Organized weekly meetings via internet to discuss sales department
activity, introduced the participation of customer support department
managers in the meeting to increase intercompany communication
. Analyzed competitive customer database and assigned targeted
competitive to staff, incorporating CRM program to monitor progress
. Initiated key customer program which recognized core customer base,
met individually with these customers with one on one contact to
discuss individual, corporate, or industry concerns
Financial Analysis and Management:
. Developed $30M budget model for new corporation for future fiscal
years. This was a 20% Revenue growth which was achieved in 2012.
. Aligned three different financial chart of accounts into one corporate
chart of accounts to achieve consistency and transparency for new
organization. Stabilized accounting practices to
develop a consistent model within organization.
. Utilizing these KPI'S the following objectives were realized:
o Reduction of obsolete and excess stock parts inventory of
$200,000
o Increased off site parts kiosks that resulted in increase of
sales of $750,000
o Increased Gross Margin in Customer Service by 2%
o Increased Customer Satisfaction by 10% in one year.
. Using KPI reports as a basis provided strategic and financial insight
to senior management and board of directors on a monthly and quarterly
basis, allowing them transparent analysis and trend recognition.
Employee Development and Human Resources:
. Organized internal structure to accommodate additional locations and
realizing operational efficiencies by consolidating job
responsibilities.
. Assessed dealership personnel and successfully recruited and filled
realized shortages in sales & service support staff as well as
Controller and Division Service Manager.
. Presented new employee policy changes within organization that aligned
three separate corporations into one entity and instituted employee
policy handbook review team.
. Reorganized an internal training development program with a career
path for each employee that led to 100% participation and annual
completion
DAVID C. TEIGEN
COO & SALES MANAGEMENT
C&B Operations - Idaho Falls, Idaho 2004-2009
Regional Manager
. Assumed day to day operational responsibility of two locations in
Eastern Idaho in 2004 that were struggling financially and in
performance. Immediately introduced changes that resulted in achieving
"North American Dealer of the Year-2009" by Farm Equipment Magazine
. Developed a $50 million dollar retail organization and operations
which included renewed marketing programs, precise inventory
management, increased profitability, and personnel and growth
management. This was a 275% increase in four years in sales revenue
with corresponding increase in profitability
. Recruited, hired and oversaw employee training programs to support
growth. Grew sales with average employee tenure of less than 3 years.
. Spearheaded conversion to CRM program utilized by sales department
. Upgraded technology capabilities with revitalized IT systems to
support multi-location dealerships and centralized accounting
. Monthly and quarterly reporting to ownership. This included financial
analysis, asset utilization goals, market share growth, employee and
customer retention and capital expenditure requests.
Brandt Holdings Company; Fargo, North Dakota 1998-2004
Sales Support
. Provided sales support starting with 4 locations in 1998 and reaching
12 locations in 2004
. Turned sales department from $1 million in losses to $1 million profit
in two years
. Installed asset management practices to decrease inventory assets by
$5 million in 14 months
. Oversaw operational integration of new acquisitions once acquired
North Dakota State University Fargo, North Dakota
Bachelor of Science Degree-Agricultural Economics
NATIONAL AWARD WINNING OPERATIONAL AND SALES MANAGEMENT EXECUTIVE
AREAS OF EXPERTISE
. Strategic & Visionary Planning
. Leadership Development
. Operational Management
. Sales Management
. Financial Analysis
. Employee Motivation
. Supplier Relations
. Customer Interaction
. Merger & Acquisitions
. Visionary Leader skilled in operational and sales forecasting with
the ability to position assets for maximizing profitability and
effectiveness
. Turnaround Expert for underperforming organizations with experience to
implement and maximize campaigns to achieve desired results with
positive employee participation.
. Expertise in budgeting, P&L, financial oversight, supplier relations
with experience with board oversight and reporting
EXECUTIVE PERFORMANCE BENCHMARKS
. 275% revenue increase in four years with previously non-performing
organization
. Increased profitability by 400% in those same four years
. Successful secured $30M in private family funding
. First non-existing dealer to be approved by supplier to purchase
dealerships in 25 years
. Led four acquisitions and successful integration in two year time span
. Farm Equipment Magazine's "2009 North America Dealer of the Year"
. $4 million increase in revenue first year, a 14.8% growth
PROFESSIONAL HISTORY
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EDUCATION