Peter Wengryn
** ********* ***** . ******, ** ***30 . 201-***-**** . ********@*****.***
LinkedIn profile: www.linkedin.com/in/peterwengryn
Web Site: http://www.rpwllc.com/press-releases.html
C- Suite Executive
Accomplished senior executive (CEO/CFO) offering over 25 years of
rich career successes in senior leadership roles throughout banking, high
tech, traditional and digital media, and the service sectors. Expert in
executing organization restructurings and turnarounds with strong cross
functional background in sales, marketing, operations, software
development, human resources, legal and finance. Specific expertise
creating and commercializing web based software solutions.
> Accomplished turnaround agent and leader who brought VMS back to
profitability within 6 months, avoided impending bankruptcy, and whose
strategic leadership led to six continuous years of double-digit sales
and profit growth.
( Progressive career expertise as Board Member, Chief Executive
Officer, President, CFO and financial positions for world-class companies
such as Chase Manhattan Bank, First Boston, General Electric and
technology-driven companies.
( Demonstrated ability to restructure organizations, transform
cultures, replace underperforming staff with key talent; championed and
led aggressive product-development initiatives that meet customer
demands.
( Experience positioning companies for divestiture and identifying and
negotiating acquisitions, forming mutually beneficial partnerships and
joint ventures with both national and global companies, building strong
sales channels, and centralizing and streamlining operations to increase
efficiencies and cut costs.
( Sought after keynote speaker at multiple industry events, and
personally recognized as a "Power Player" in PR by the leading publisher
in the industry, PR Week. Company Evangelist
Professional Experience
RPW LLP (Sole Proprietorship; Management Consulting) 2010 - Present
Consulting services providing companies with a business assessment,
delivering restructure plans, and developing sales strategies to enter new
markets and increase market share. Raised capital for two SaaS media
startup companies.
CEO/Founder - Provide companies with the following services; strategic
planning, develop business plans and roadshow deck, M&A assessment,
execution and integration, change management planning and implementation,
work redesign/operational improvement, human capital management.
VMS, headquartered in New York, NY 1999 - 2010
Multimillion dollar provider of media intelligence, competitive
advertising, news monitoring and evaluation, quantitative and qualitative
analysis, consulting and SaaS solutions to corporate executives and
marketing, public relations, and advertising professionals; 1,000 employees
in 18 locations
Chief Executive Officer (CEO) (2002 - 2010) - Promoted by board of
directors to turn around company after it experienced declining revenue
and severe losses caused by competitor start-up companies introducing
more advanced, lower priced technology solutions that severely impacted
market share. Deployed sales and marketing strategies, spearheaded new
technology development focused on the digital space and SaaS solutions,
and executed cost reductions via company restructure to avoid bankruptcy,
bringing company back to profitability within 6 months.
. Product Development: Led company to be most innovative in the
industry by investing in development team and spearheading highly
aggressive product development in three industries (advertising
competitive intelligence, PR measurement and integrative media
intelligence resulting in six years of double-digit sales growth.
Company was a finalist for Codie and PR Week awards for technology and
product innovation including digital solutions.
. Sales & Marketing: Implemented aggressive marketing initiatives and
sales strategies to retake market share; Developed and nurtured
multiple channel sales partners, licensing agreements, multinational
joint ventures, and marketing programs. Deployed a CRM system, sales
process and sales training programs, and developed performance based
compensation plans
. Acquisitions & Partnerships: Identified, negotiated, executed and
integrated four acquisitions; enhanced solutions by developing 35+
significant partnerships including 15 global; acquiring and selling
content, metrics, and software.
. Led process to sell company, 2006 to 2007: worked with investment
banker Rothschild. Managed auction process and presented in road show
which included eight management presentations to both private equity
firms and corporations. Collaborated with CFO on due diligence
processes; negotiated terms and completed contract at a value of 10
times EBITDA; sale was terminated when owners decided to enjoy double-
digit growth for several more years.
. Finance: structured, negotiated and executed various banking
facilities and equity deals.
. Culture Transformation: Changed company focus from product driven to
customer focused; gathered client input for new products, created
outside sales team to penetrate new markets, made CEO visits to top-25
clients at least once a year, and created employee compensation plans
for rewarding superior service.
. Technology: Generated 40% reduction in operating costs while gaining
efficiencies by transforming company from analog to digital; deployed
innovative web-based solutions for all three business units which
enabled company to penetrate new sectors and regain core business
market share. Deployed accounting, HR, ERP and CRM systems.
Continued
Peter Wengryn Page Two
Professional Experience Continued
VMS Chief Financial Officer
Chief Financial Officer (CFO) (1999 - 2002) - Recruited to bring
accountability and implement best practices across all levels by
improving financial reporting, technology, and financial/accounting
processes. Directed 50-member team of A/R, A/P, credit and collections,
accounting, finance, analysts, budgeting and human resource staff
members.
. Talent Management: Replaced corporate controller, VP of Human
Resources and senior management with superior talent and reduced staff
by 15% through reorganization and streamlining initiatives.
. Financial Reporting, Planning, and Budgeting; Prepared and presented
multiple reports to the board of directors and senior executives at
Bank of America to delineate organic and strategic growth
opportunities, ensure compliance with banking covenants, and deploy
best-of-class financial planning processes and budgets.
. Strategic Planning & Change Management: Created financial and
business models used to evaluate business opportunities and was a
catalyst for restructuring during board discussions.
. Information Technology: Implemented various accounting and human
resource software solutions including a Great Plains accounting system
and a new credit/collections system. Software deployment and new work
flows resulted in efficiencies that yielded a 30% headcount reduction
and reduced the monthly closing process by 15 days.
. Compensation: Designed company's sales and executive compensation
packages.
. Ownership Restructuring: Initiated and negotiated buy outs of limited
partner who held 43% ownership and one of original owners with a 25%
ownership.
. Financial Relations: Identified and developed banking relationships
necessary for supporting two separate buy outs of limited partners;
negotiated numerous multi-million dollar debt facilities to support
transactions.
. Cost Control: Successfully offset revenue decreases by deploying
various cost-control initiatives.
WACE WORLDWIDE, Carlstadt,, New Jersey 1995 - 1999
Graphic arts, printing, packaging and advertising creative company
worldwide.
VP of Finance - Recruited by CEO and CFO to restructure finance
organization. Managed 25-member staff.
RACAL REDAC, (subsidiary of Racal Datacom) Mahwah,, New Jersey 1992 -
1995
Cad Cam software and circuit board manufacturing and design company
Chief Financial Officer - Recruited to replace underperforming CFO.
Played key role in positioning company for divestiture and sale to
Japanese company, Zuken. The sale of Racal Redac was successfully
executed.
GENERAL ELECTRIC, Parsippany, New Jersey 1989 - 1992
Finance Director: Power Generation Division - Consolidated regional
financial management and reporting. Participated in new client
acquisitions and negotiated contracts. Completed world-renowned GE
Financial Practices Certification.
EARLIER POSITIONS include Assistant Controller with First Boston's Mortgage
Banking Division (1986 - 1989) and Accountant/Accounting Manager for Chase
Manhattan Bank (1982 - 1986).
Education
MASTER OF BUSINESS ADMINISTRATION
Fairleigh Dickinson University, Madison, NJ, 1985
Board Member: Fairleigh Dickinson -Silberman School of Business
BACHELOR OF SCIENCE IN FINANCE
Montclair State University, Montclair, NJ, 1982