Sr. Executive
Resume:
JOHN
VESTER
Rebel
Road,
Westport,
Connecticut
06880;
***********@*****.***;
(c)
AND
ACCOMPLISHED
COMPANY
PRESIDENT
(PROFIT
AND
NONPROFIT),
BUSINESS
LEADER,
AND FORMER
MCKINSEY,
E&Y,
AND
KPMG
PARTNER
LEVEL
CLIENT
FACING
MGMT.
CONSULTANT.
IDENTIFIES, CREATES,
IMPROVES,
AND
IMPLEMENTS
MAJOR
STRATEGIC
PROGRAMS
FOR
MAXIMUM
VALUE
CREATION. PARTICULAR
STRENGTHS
IN:
M&A,
PE,
TECHNOLOGY- BASED
BUSINESSES
(TMT),
INDUSTRIALS,
START- UPS, ENTREPRENEURSHIP,
AND
OPERATIONAL
IMPROVEMENT/TURNAROUNDS.
MANY
AUTHORED
PUBLICATIONS. EXPERIENCE
President/Co- Founder
of
Custom
Sleep
Technology
LLC
(CST),
a
start- up
company
2015
-
Present and
Independent
Management
Consultant/Advisor,
Fairfield
County,
CT CST:
• Overall leader of the turnaround and reconfiguration of a local, small, sole- proprietor custom mattress designer
into
the
national,
technology- driven
and
patent
pending/skill
protected
Custom
Sleep
Technology bedding
firm,
currently
based
in
Shelton,
CT,
on
a
part- time
basis;
51%
owner.
• Created the first patent- protected mass- customization bed technology design and production process. Author
and
co- inventor
of
broad
US
patent
pending
for
fundamental
enabling
technology
and
3
industry trademarks.
Will
attempt
to
license
and/or
sell
the
patent
once
granted.
• Developed the current overall company strategy and business execution program, financial and management approach, multi- channel go- to- market strategy (products, prices, and channels), and the aligned
supply
chain.
As
CFO,
achieved
financial
break- even
financial
performance
in
only
2 nd
full
year
of
operation.
Led
the
design
and
creation
of
the
current
company
website:
www.customsleeptech.com. Management
Consulting/Advisory:
• Client
management
consulting
work
through
several
dedicated
firms
on
a
part- time
and
remote
basis
on topics
related
to
PE
deal
value
creation,
company
restructurings
and
turnarounds,
technology,
media
and telecommunications industry (TMT) business strategy development
and revision, TMT
management
best practices,
integration
and
separation
formulation
and
management,
and
others.
• Advised
Chairman/CEO
and senior
staff
on the front
end
of
a
major
acquisition
program for
a large
and well- known
national
semiconductor
manufacturing
equipment
industry
(in
TMT
sector)
deal
over
several years
on
a
part- time,
in- person
basis.
Work
focused
on
necessary
staffing
levels
and
organization,
target valuation approach, negotiation method, integration best practices and pitfalls, structure of integration program,
organization
of
project
teams,
and
timing
and
management
thereof. Principal
(Senior
Partner)
and
T&R
National
Strategy
Leader
2011
-
2014 KPMG
Transactions
and
Restructurings
(T&R)
Division,
New
York,
NY
and
Stamford,
CT
• Top
transactional
strategy
advisory
partner
in
the
firm;
cross- industry
and
cross- functional
responsibilities. Concentrated on all aspects of corporate and business strategy, acquisitions, business valuations, integrations
and
separations,
and
operational
improvement.
Regularly
advised
CEOs,
CFOs,
other
C- suite executives,
and
Boards
of
Directors.
Also
back- stopped
many
firm
integration
projects.
• Led
US
client
service
teams
of
all
sizes,
from
one
professional
to
teams
of
over
50
professionals,
comprised of joint KPMG/client/other professional services firm’s teams. Technology, media, and telecommunications
(TMT),
industrial,
private
equity
(PE),
and
PE
portfolio
company
sector
concentrations; other
industries
as
well.
Served
domestic
clients
and
international
clients
with
US
divisions.
• Turned
around,
reformulated,
and
broadened
commercial
strategy
service line
to
focus
on
all
aspects
of whole
company
transformations,
both
transactional
and
organic. John
Vester
Experience
–
page
2
(KPMG
experience
-
continued)
• Created suite
of
diligence, transaction,
and follow- on transaction services.
Diligence: commercial
market strategy diligence, corporate strategy assessment, integration and separation diligence, operational diligence, and synergy analysis. Transactions: acquisition target identification, company valuation, and integration and separation project leadership. Follow- on: business development planning, corporate strategy development/reformulation, operational improvement/cost reduction programs, restructuring plans,
and
development
of
targeted
implementation
programs
as
required.
• Grew
initial
small
staff
to
a
team
of
approximately
40
professionals
nationwide
over
several
years.
• Professionally
recruited
directly
from
E&Y
in
a
multi- year
effort. Principal
(Senior
Partner),
Transactions
Advisory
Services
(TAS)
2006
-
2011 TAS
OTS
East
Coast
Commercial
Leader,
OTS
National
Financial
Services
Leader,
and
N.A.
PE
Study
Leader ERNST
&
YOUNG
Transactions
Advisory
Services
(TAS)
Division,
New
York,
NY
• Overall leader of OTS (Operational Transactions Services) for all US east coast commercial clients (all businesses
other
than
financial
services)
and
OTS
national
leader
for
all
financial
services
companies.
Also led
OTS
NY
and
satellite
offices
and
was
a
senior
member
of
the
overall
NYO
TAS
leadership
team
in
NYC.
• Top
Integration
partner
in
US
firm.
Led
many
client
service
teams
of
all
sizes,
with
projects
up
to
$20M
in annual
billings.
Grew
a
small
organization
to
approximately
50
professionals
regionally
and
nationally
over several
years.
• Capabilities
included
integration
diligence,
integrations,
operational
diligence,
operational
improvements, sell and buy- side carve- out diligence, separation projects, and synergy diligence. Also created and established
working
capital
improvement
service
line
and
portfolio
value
creation
(PVC)
service
offering,
an improvement
over
100
day
plans,
for
PE
firms
in
response
to
’08/’09
recession.
• Became
North
American
and
overall
thought
leader
of
E&Y’s
global,
market
leading
Private
Equity
Value Creation
Study
for
4
of
5
years.
Extensive
PE
relationships
resulted,
as
well
as
many
significant
publications, media
presentations,
and
speaking
engagements.
Advised
many
corporate,
PE,
and
PE
portfolio
company clients.
Had
many
regular
C- level
and
PE
partner
client
relationships.
• Professionally
recruited
directly
from
Xerox. Global
Head
of
Corporate
Development,
and
4
prior
executive
positions
1996
-
2006 XEROX
CORPORATION,
Stamford,
CT
and
Rochester,
NY
• Created
roughly
$3B
in
total
company
TMT
market
capitalization
from
cumulative
activities
during
10- year tenure.
Elevated
to
voting
member
of
overall
corporate
ethics
governance
board
for
last
5
years
of
tenure
(post- turnaround).
• Created
the
strategy
to
become
a
services- led
corporation.
Initiated
the
activities
that
eventually
led
to the successful acquisition of ACS to enable this transformation.
Also reviewed, on average, 100 transactions
simultaneously.
Had
dotted- line
leadership
of
all
divisional
business
development
executives.
• Promoted to Vice President of Corporate Strategy and reported directly to
Office of the Chairman and CEO.
Played
several
central
corporate
roles,
all
with
global
purview,
to
lead
the
successful
turnaround
of Xerox.
Major
responsibilities
included
direct
interface
with
many
major
PE
firms
in
Xerox’s
successful
PIPE efforts,
sale
of
technologies
and
closure
of
businesses,
consolidation
and integration
of
divisions
where necessary,
and
implementing
changes
in
lease
accounting
methods
to
accurately
reflect
true
revenues. John
Vester
Experience
–
page
3
(Xerox
experience
-
continued)
• Led
the
creation
of
successful
global
networked
color
printing
division.
Led
multi- year
efforts
to
acquire Tektronix
(and
others)
to
do
so.
To
enable
this,
invented
and
later
published
a
novel
way
to
integrate
all types
of
companies,
later
adopted
by
all
major
North
American
consulting
and
advisory
firms.
• Prior to
corporate leadership roles,
was
Vice
President
and
Operational
Leader
of
the
global
e- business and
TeleWeb
(eB&TW)
division:
-
In
year
1
delivered
incremental
$50M
in
profit
and
$80M
in
revenue.
-
In
year
2
delivered
an
additional
$80M
in
profit
and
$200M
in
revenue.
• Simultaneously, was divisional Lean Six Sigma leader and CEO’s personal part- time advisor in Lean Six Sigma.
• Spent first several years at the divisional level as the Global Vice President of Channels Strategy and Business Development to create a global division that sold many technology- based products in retail, partner,
and
on- line
channels
to
face
off
against
HP,
Lexmark,
Canon,
Epson,
and
others;
led
initial
on- line marketing
efforts.
• Initiated
the
development
of
an
innovative
business
to
make
Xerox
branded
supplies
for
HP
laser
printers, which
later
became
a
several
hundred
million
dollar
revenue
business
and
was
twice
featured
in
the
Wall Street
Journal.
Also
developed
the
plan
to
turn
around
the
existing
US
retail
division,
then
headquartered at
PARC,
in
first
year
as
Director
of
Corporate
Strategy. Experienced
Engagement
Manager
and
several
prior
client
service
positions
1990
-
1996 McKINSEY
&
COMPANY,
New
York,
NY
and
Stamford,
CT
• Led
major
strategy,
acquisition,
turnaround,
and
operational
improvement
projects
for
clients
in
the
US, Canada,
and
Europe.
Identified
more
than
$2B
in
profit
improvement
opportunities
across
all
clients.
• Successfully completed sixteen 3 - 6 month- long, full- time projects in total: four in the high technology/electronics
(TMT)
sector,
four
in
the
industrial
sector,
four
in
the
pharmaceuticals/health
care sector,
and
four
in
the
consumer
goods
sector.
• Significant published thought leadership during tenure. Also, simultaneous leader of successful reorganization
and
improvement
of
month- long,
global,
full- time
Mini- MBA
program
for
non- MBA
hires. Other
Experience
in
the
TMT
and
Industrials
Sectors
• Systems
Manager
and
several
prior
engineering
positions
for
GE,
Northrup
Grumman,
and
Rauland- Borg Co.,
at
several
mid- west
and
east
coast
locations.
• Recruited
to
lead
a
GE/US
Army
factory,
20- person
team
to
successfully
automate
this
state- of- the- art
jet engine
advanced
manufacturing
facility
(TMT
and
industrial
sectors).
• Promoted
to
project
leader
of
a
12- person,
10
man- year
state- of–the- art
stochastic/probabilistic
software analytical
system
for
the
design
of
multiple
automated
manufacturing
facilities
in
the
US
that
was
then featured
in
a
corporate
annual
report
(TMT
and
industrial
sectors).
• Progressed
through
the
industrial
and
automation
engineering
ranks,
initially
as
an
entry- level
engineer, then
as
a
skeleton
2
nd
shift
production
manager,
then
to
systems
analyst
to
design
automated
production lines/small
factories.
Also
a
draftsman
at
an
industrial
equipment
design
and
manufacturing
company. John
Vester
Experience
–
page
4 EDUCATION
CORNELL
UNIVERSITY,
M.B.A.
-
Finance
concentration,
additional
optional
thesis
in
high- technology
business turnarounds.
Fully
sponsored
by
employer. YALE UNIVERSITY, M.S. in Electrical Engineering - Concentration in the design and optimization of communication
networks,
and
relevant
semiconductors.
Captain
of
skeet
team.
Fully
sponsored
by
employer. NORTHWESTERN
UNIVERSITY, B.S. in Industrial Engineering and
Operations Research - Awarded a full, 4- year
academic
scholarship.
Member
of
Alpha
Pi
Mu
Industrial
Engineering
Honor
Society.
Varsity
athletics. THE
WHARTON SCHOOL AT THE UNIVERSITY OF PENNSYLVANIA - Full- year, full- time guest student in the study
of
entrepreneurship
in
third
year
of
college. EDUCATIONAL,
NOT- FOR- PROFIT,
CIVIC,
ATHLETIC,
AND
PERSONAL
ROLES
AND
EXPERIENCES
• Artisans
of
Athena,
LLC
-
Currently
developing
an
on- line,
high- end
jewelry
business.
2019
-
Present
• Cornell
University
-
Annual
adjunct
professor
lecturing
roles
in
advanced
graduate
2009
-
Present business
school
classes
and
cases
in
Private
Equity,
along
with
current
PE
industry
leaders.
• Yale
University
-
Overall
Director
for
Eastern
Fairfield
County,
CT
Alumni
Schools
2008
-
Present Committee
(ASC):
Manages
overall
Yale
College
applicant
interviewing
for
Westport,
CT and
area
towns,
and
conducts
top
interviews.
ASC
interviewer
for
12
years
prior.
• US
Bobsled
and
Skeleton
Federation
Trust
-
Board
Member:
Consistently
grown
trust
2004
-
Present fund
annually
to
support
over
half
of
both
US
Bobsled
and
US
Skeleton
Olympic
teams’ annual
operating
budgets
for
the
past
15
years.
• Bo- Dyn
Bobsled
Project,
LLC
-
President,
previously
Treasurer:
Designed
and
made
the
2006
-
2019 US
Night
Train
and
Night
Train
II
4- man
Winter
Olympic
bobsleds
at
this
Connecticut- based N.F.P.
company
that
won
the
Winter
Olympic
Gold
Medal
in
2010
(pictured
on
the
March
10, 2010
cover
of
Sports
Illustrated)
and
the
Winter
Olympic
Silver
Medal
in
2014,
as
well
as
the 2009
and
2012
World
Championships
and
over
50
World
Cup
gold
medals
during
this
time period.
Created
and
edited
the
Olympic
Gold
Medal
story
of
our
bobsleds
described
in
the book,
Night
Train,
published
in
Nov.
’17.
• Head
Coach
-
Town
of
Westport,
CT
youth
head
coach
for
over
40
baseball
and
soccer
teams.
2003
-
2014
• US
Bobsled
and
Skeleton
Federation
-
Treasurer:
Financially
enabled
the
winning
of
two
1996
-
2006 Winter
Olympic
Gold,
one
Silver,
and
three
Bronze
Medals
(six
in
total),
all
at
the
2002 Winter
Olympics.
• US
Luge
Team
and
US
Bobsled
Team
-
Winter
Olympic
athlete
during
college
and
early
2000
-
2002 career
for
European
and
North
American
World
Cup
circuits
for
7
fall
and
winter
seasons
1983
-
1988 in
total;
several
track
records
and
top
finishes.
Also
invented
several
sledding
technologies to
improve
performance.
Two
separate,
athletic,
career- ending
shoulder
injuries
twice prohibited
participation
in
the
1988
and
2002
Olympics.
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