Edward F. Cotter
** ********* ***. ( NEWMARKET, NH 03857 ( (H) 603-***-**** ( (C) 781-413-
**** ( ************@*****.***
Executive Profile
A dynamic and experienced Senior Executive with expertise in directing
manufacturing organizations in turnaround, start-up and high-growth modes.
A leader focused on achieving results using key metrics to drive
operational excellence and financial success. Experienced with multi-
national manufacturers and sourcing organizations in highly competitive
markets.
Selected highlights:
. Successfully managed growth and expansion of $25 Million enterprise to
$140 Million in 3 years. Growth as Tier 1 automotive supplier for
European Based parent in NAFTA market.
. Instituted metric based continuous improvement environment focused on
cash flow, inventory reduction, and zero defects.
. Fixed growth strategy for existing customer base and new customers
through effective product definition and development.
. Established initiatives for operational wide safety, quality, cost
management, and delivery programs.
Core Competencies
Organizational Development Strategic Planning & Financial
Process / Productivity Operations Management-P&L,
Improvement Business Development / Revenue Balance Sheet,
KPI Focused Manager Growth W/C and Cash Flow
Lean Manufacturing
Professional Experience
ContiTech Thermopol LLC 2006 -
Present
A $140 million division of Continental/ContiTech AG. Manufacturer of
charged air engineered solutions to the Automotive and Commercial Vehicle
Market. Providing technical solutions utilizing engineered elastomers,
organic rubbers, and 3D blow molded plastics.
.
Managing Director/President/CEO
. 2007 a $25 Million/Year business - 2014 $140 Million/year business
. Increased manufacturing facility footprint by 110,000 sq ft
. Implemented SAP in Manufacturing, Finance, Quality, Logistics and HR
. Growth through Blue Chip business acquisition (BMW, Daimler, Ford,
Chrysler, Tesla, Komatsu, Daimler, Volvo/Mack, DAF, OshKosh, Pierce,
Volvo Construction and CAT)
. New business projects secured during 2008/ 2009 downturn
. Added 5 new technologies and products to portfolio since 2007 (3D Blow
Molding, Proprietary Organic Compounds, Proprietary Engineered
Elastomers, Compound Extrusion and Plastic Welding
. Developed localized and LCC sourcing strategy reducing cost structure
and reduced working capital requirements
. Established and achieved 5 year growth strategy through organic growth
and acquisition of business through utilization of new technology
. Developed senior staff to support technology, product development,
business development and metric based management decisions
NEW CAN COMPANY 2005 - 2006
Manufacturer of perforated metal products for the industrial, automotive
and filtration industry, a TS 16949 certified supplier.
COO/General Manager
Financial, Operational and Sales responsibility for privately held multi
site manufacturer and engineering firm. As GM, responsible for the
establishment and implementation of strategy to take 100 year old company
into new markets and continue growth in existing markets. Defined key
performance indicators and implemented measurement system for operations,
staff and sales. Utilized lean systems to reduce time to market and
achieved 20% growth in sales. Lean Manufacturing and Quality Management
programs succeeded in gaining Preferred Supplier Status with 5 key
accounts. Operational focus achieved Zero Defect Supplier status and 100%
on time delivery with multiple automotive customers. Through strong
financial and operational management significant bottom line improvement
was achieved.
PUROSYSTEMS INC. 2003 - 2005
Restoration and mitigation service provider to residential/commercial
property insurance companies.
General Manager/Principal
Manage general contracting, restoration, mitigation and consulting services
to the residential and commercial property insurance industry. Responsible
for customer development, contractor compliance, technical development,
operations, safety, environmental compliance, consulting services for lean
business practices and quality assurance programs for the insurance
industry and small business.
SKF CORPORATION USA 2001 - 2003
A $4 billion global supplier of bearings and seals, engineered solutions,
and consulting services to the automotive, aerospace and industrial
sectors a QS 9000, TS 16949 and ISO 14001 certified company. General
Manager of $150 Million US Automotive and Commercial Vehicle Bearing
Group
General Manager/Managing Director
Highlights:
. Unified operations under a single management structure, eliminating
redundancies and promoting collaboration. Analyzed and identified
weaknesses and expedited corrective action, introducing best practices
into all aspects of the operation. Initiated key metrics to insure
corrective actions provided expected outcome. Succeeded in creating a
JIT environment throughout supply chain.
. Introduced comprehensive training, development, and succession planning
throughout all levels to solve a critical employee retention problem that
was thwarting growth and compromising quality. Slashed manufacturing
turnover from 50% to 10% and salaried/professional turnover from 35% to
5% in one year. As a collateral result, achieved a zero defect rating in
the plant for the first time since its inception.
. Initiated margin analysis on all programs and set strategy to improve
operating margin to 28% minimum. Established KPI's and set MPV targets
for purchasing group to meet margin goals. Within 18 months margin goals
achieved on 75% of turnover.
. Aggressively pursued new business that increased plant utilization 30%
and brought $18 million in new revenue within 18 months.
FEDERAL MOGUL CORPORATION 1994 - 2001
A $6.75 billion QS 9000 and ISO 9000 certified manufacturer and
distributor of components for cars, trucks, and construction vehicles.
Director of Operations / Managing Director, North America (1994 - 2001)
Financial and Operational responsibility for $200 million disc brake
manufacturing operation with 1,400 associates located in the US and Canada.
Responsibility included; Finance, HR, Quality, Engineering, Product
Development, Supply Chain, Sales, and Marketing functions. Designed and
implemented production planning systems based on TPS and managed the
capacity of all facilities in both union and non-union environments.
Highlights:
. Started with FM in 1994 as manufacturing manager for disc brakes. In
1995 promoted to Plant Manager for accomplishments with lean
manufacturing. Doubled output with 10% less labor and zero increase in
capital equipment. Achieved QS 9000 certification and led plant to 5
years without a lost time accident. In 1998 promoted to Director of
North American friction operations.
. Consolidated seven factories with three lines into four manufacturing
facilities, reducing the headcount by 300 and saving $15 million in
annual operating expenses.
. Analyzed declining profitability and eroding sales that were largely the
result of questionable make/buy decisions emphasizing the production of
low-end product lines and the purchase of premium products. Devised and
implemented a detailed cost-benefit analysis and production plan focused
on manufacturing high-profit product lines. This program delivered a 30%
increase in revenue to a more stable and successful customer base,
resulting in a 33% reduction in accounts receivable.
. Assembled a talented cross-functional team with the primary goal of
targeting premium non-OEM disc and drum brake business at Ford Motor
Company. Presented to senior Ford managers and won a pilot program in
which FM proved it could deliver 100% on time with zero defects, leading
to $20 million in incremental business from Ford. Recognized by FM with
the "Chairman's Mastery Award", for outstanding achievement.
FOXBORO CORPORATION (div. of Invensys) 1988 -
1994
Provider of IT, automation and process control solutions for
manufacturing applications in diverse industry sectors including
chemical, oil and gas, power, pharmaceutical and specialty chemicals.
General Supervisor
Managed technical and developmental machining, grinding, honing, painting,
assembly and testing functions for process control and mass flow
instrumentation manufacturing. Developed and assembled the start-up and
production team for the launch of the new mass flow instrumentation product
line. Designed and implemented production plans and coordinated process
design, assembly and testing for the new product launch.
Education & Professional Development
MSBM: Lesley College, Cambridge, MA
BSBA: Eastern Nazarene College, Quincy, MA
Selected management training: Finance for Non-Financial Managers,
Statistical Process Control (SPC), Toyota Production System, Lean Six Sigma
Technical skills: Proficient user of management and productivity software
applications including SAP, Microsoft Office
Member of Chamber of Commerce