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T. Davison - Resume

TIM DAVISON

Toronto, Canada Phone: 416-***-**** Email: acqrcx@r.postjobfree.com

SENIOR MANAGEMENT EXECUTIVE - CEO / PRESIDENT

Results-proven and internationally focused business leader with a 25+ year chronicle of documented success driving benchmark-setting growth and expansion of organizations in the retail fashion and wholesale industries. Decisive and high energy change manager skilled in re-positioning organizations, with a track record of building and managing winning teams, business units and products across all phases of life cycles. Combines business acumen with broad expertise and an expansive network of industry contacts to develop nationwide solutions for a process-driven business with maximum productivity and profitability. Organi zat ion Leadership & Change Management Corporate Development Reta i l & Who lesale Operat ions Chain Expans ion Store Pl anning & Des ign Branding Reta i l Real Estate E-Commerce Impor t Expor t Trade Management Rel at ionship Management wi th Financi al Inst i tut i ons & High Prof i le Vendors P RO F E S S I O NA L E X P E R I E N C E

Sherson Group Inc

Toronto, Ontario 2013 - Present

PRESIDENT & COOOOO CO

Sherson Group Inc is a premier distributor and retailer of footwear and accessories in Canada since 1984. I was recruited in February 2013 to provide the company a strategic growth plan. During my tenure I have accomplished the following;

• Full depth analysis of the existing business model

• Identified strengths and growth opportunities as well as weaknesses and expense control opportunities

• Recruited an experienced Executive Team

• Created the Purpose / Vision and Values for the organization

• Developed a 3 year strategic plan to grow the business by 50% S I G N A T U R E R E V E N U E & O P E R A T I O N A L I M P R O V E M E N T H I G H L I G H T S

Revenue Improvement: Improved net sales at Olsen Europe by 79% over course of tenure.

Overhead Expense Management:

1) Reduced overhead costs by 31% while growing the business model at Olsen Europe 2) Reduced wages from 11.8% of sales to 8.8% of sales at Roots Canada

Inventory Shrink:

1) Developed a strategy achieving under 1% shrink throughout tenure at Olsen Europe 2) Reduced shrink results at Roots Canada from 5% to 2.2% Page 2

T. Davison - Resume

OLSEN EUROPE

Mississauga, Ontario 2005 - 2013

PRESIDENT & CEO

Olsen Europe is a brand that designs fashion for authentic, confident women, who value friendship and emotional strength. Olsen Europe is an honest brand with uncomplicated styles that underline the beauty of our customers, confident and sexy. Strategy / Mission

& Market

Positioning

Increased Top Line Sales & EBIT through:

Transactional analysis

KPI benchmarking

Customer insights / purchase behavior analysis

Developed Brand Awareness:

Created value proposition

Identified key competitors

Developed strategy for brand positioning in the retail marketplace Revenue & Profit

Growth

Spearheaded the transformations of the brand from that of a wholesale focused business, to primarily retail focused through the development and national execution of a free-standing store concept, thus increasing the total store count by 319% over 5 years

Improvement of Inventory Performance through:

Merchandise Planning & Purchase Guidelines

Adjustment of Delivery Times

Developing and implementing key pricing strategies

Monitoring and management of markdown cadence

New Process

Implementation

Quickly identified key issues and re-structured practices to that of a process-driven environment to ensure cost efficiencies and profit improvement through:

Automated Payroll

Visual Department development

E-Commerce Launch

Corporate Social

Responsibility

In 2009, launched the Double Happiness campaign entitled “Empowering Women Worldwide”. A partnership with Plan Canada to reach out to underprivileged communities and better the lives of women and children

As fashion industry experts, Olsen Europe naturally chose projects where we could donate know-how and industry experience (training, knowledge and equipment) to help women help themselves

In 2009 we supported a small village in Van Ly, Vietnam; in 2010 and 2011 we were involved with Sadhna in Rajasthan, India and in 2012 we ventured into Paraguay ROOTS CANADA

TORONTO, Ontario 2000 - 2005

VICE PRESIDENT, PRESIDENT Retail Operations (CDA & USA) Roots is Canada’s leading unisex lifestyle brand known around the world for its quality leather goods, apparel, accessories and home furnishings.

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T. Davison - Resume

Strategy, Mission

& Vision Planning

Charged with the task of improving the productivity and profitability of an iconic Canadian retail company through implementing process improvements for consistency, streamlining and revenue generation

Led a management team in developing and executing a Power Centre Strategy to launch a new outlet based division – ‘Roots 73’

Collaborated with top design firm, Burdifileck, to develop and design a prototype for a nationwide launch of this new store design concept

Team

Development

Led a 1500-employee Retail Sales division with full P&L responsibility across all areas including: Visual Display, Loss Prevention, Customer Service and Field Operations

Directly managed a team that included: Director of Visual Display (with 3 direct reports), Direct of Loss Prevention (with 2 direct reports), 2 Operations Regional Directors (with 10 direct reports), Customer Service Supervisor (with 2 direct reports)

New Process

Implementation

Developed and implemented key initiatives such as a structured Wage Plan, Incentive Plans for all Retail Positions, Employee Productivity Reporting and Inventory Management with the following key results:

Reduced wages as a % of sales 11.8% to 8.8%

Reduced sales staff turnover: 110% to 75%

Reduced Management turnover: 36% to 30%

Reduced Management Vacancy Rate: 10% to 3%

Reduced Company Shrink: 5% to 2.2%

Traffic Counters: Partnered with a traffic counting company in order to continue sales growth through productivity with a system that combines traffic counting analysis with on-line scheduling. Consequently developed and launched a successful pilot project to measure results and ROI, which yielded a significant

(+10%) increase in store closing ratios

Balanced Scorecard: Developed an evaluation system for the field that links sales to performance and the accountability of wages, shrink and productivity to each team member. Based on the success of the initial roll-out to the Management Team, a balanced score card was developed for all other positions

P RO F E S S I O NA L DE V E L O PM E N T

Professional Training & Development

Situational Leadership I and II Ken Blanchard Training & Development Inc. Toronto, Ontario Seven Habits of Highly Effective People Stephen Covey Centre Inc. Calgary, Alberta Effective Business Communications Mark’s College of Retail Excellence Effective Recruiting and Selection Mark’s College of Retail Excellence Understanding and Impacting Financial Documents Mark’s College of Retail Excellence AODA Training Bill 168 Training

Memberships & Special Recognition

Retail Council of Canada (RCC) International Council of Shopping Centres (ICSC) Awarded the Retail Corporate Social Responsibility for Global Reach Award 2010 Excellence in Retailing Conference Featured in the Jan/Feb 10 Issue of Canadian Executive Quarterly Article: Olsen Europe’s CSR involvement

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