CFO / President

KENNETH J. HARRISBERGER

*** **** ****** **** **** Canyon, CA 91307

H: 818-***-**** ************@*********.*** C: 818-***-****

SUMMARY

CHIEF OPERATING OFFICER - CHIEF FINANCIAL OFFICER

Dynamic, results-oriented C-Level Executive with extensive experience directing substantial growth, streamlining operations, building high performance teams, and executing strategic plans. More than 20 years of consistent success driving enterprise wide strategic initiatives. Possess solid foundation in business strategy development, financial analysis, contract negotiations, operations management, continuous process improvement, and business reengineering. Visionary, strategic, and conceptual thinker able to generate new ideas and initiate change. Effective communicator with strong team building skills with ability to coordinate cross-functional groups to accomplish objectives and meet critical deadlines in a fast-paced, high-growth, and diverse environment.

CORE QUALIFICATIONS

• Innovative Leadership & Mentoring

• International Accounting

• Acquisition Negotiations & Sales

• Transfer Pricing & Taxation

• ERP System Installation

• Manufacturing Plant Relocation

• Project & Growth Management

• Staff Development & Coaching

PROFESSIONAL EXPERIENCE

STANDARD SOLUTIONS CORP, Bell Canyon, CA 2008 – Present

Consulting Group specializing in strategic business development, finance & accounting services, employee development and training.

President, Owner

Currently working in the following industries:

• Renewable Energy – Concentrated Solar technology company developing patented process to increase efficiencies. Currently developing economic business model.

• Dental Lab – Put together $2,000,000 private placement for a startup in the dental industry, manufacturing patented technology.

• Automotive – Technology licensing company around patented process to increase efficiencies in gas powered engines while reducing emissions.

• Beauty & Cosmetic – Wholesale and direct to consumer sales of cosmetic & beauty products.

• Dental - Wholesale business selling dental products & services to dental offices and labs.

3M COMPANY, Simi Valley, CA 2007 – 2008

Global, diversified technology company with $24.5B in sales and more than 75,000 employees worldwide.

Business Manager, Abrasive Systems Division

Directed operations within $1B Abrasive Systems Division encompassing 370 employees in 3 manufacturing facilities in Southern California and Ohio in addition to sales offices in United States, Germany, and France. Developed and managed $60M Standard Abrasives brand. Drove international sales in more than 30 countries. Managed surface modification products for industrial metal working markets.

• Reduced costs $2M by leveraging integration synergies within Standard Abrasives acquisition to legacy 3M systems in six months.

• Reduced headcount 20% consolidating operations improving efficiency and productivity.

• Increased overall forecasted sales $5M in first year via identification and implementation of new products to brand.

• Recommended brand focus and implemented brand strategies ensuring customer satisfaction and retention.

STANDARD ABRASIVES COMPANIES / 3M COMPANY, Simi Valley, CA 1983 – 2008

International abrasive specialty product manufacturing and distribution companies with over 100M annual combined sales serving industrial metalworking markets.

Senior Vice President Finance / Secretary (1995 – 2007)

Managed Human Resources, Information Technology, Customer Service, Inside Sales (Contract Pricing), Accounting and Finance operations with full P&L accountability. Monitored and maintained all corporate legal matters including patent and trademark filings and corporate contracts. Established strategic business direction and corporate growth initiatives. Participated in COO role reporting directly to Chairman of the Board.

• Increased sales from $24M to $55M, gross margin from 48% to 60%, and operating income from 10% to 20% during tenure.

• Implemented minimum order quantity restrictions on select product lines. Reduced shipping errors from 4% to zero via implementation of bar code scanning on outbound orders.

• Saved more than $500K through negotiation of corporate insurance policies including group health, workers compensation, and general liability.

• Achieved $250K bottom line profit by establishing banking relationships in four countries and managing foreign currency transactions.

• Built out 80,000 square foot manufacturing facility in Simi Valley, CA post negotiation and purchase of land.

• Reduced customer lead times by implementing distribution warehousing operations worldwide.

• Key player within brand/sales strategy development and establishment of distribution network encompassing operations in the United States, Canada, and The Netherlands.

• Implemented private label sales strategy to increase market share and established pricing policies for niche markets.

• Reengineered sales force from individual manufacturing representatives to direct sales force. Established competitive compensation plans to attract top quality employees.

• Created strict operating budgets and initiated travel policies for direct sales force.

• Secured Industrial Development Bond financing from the state of California through direct lobbying effort in Sacramento.

Chief Financial Officer (1990 – 1995)

Ensured successful operations management within general accounting, cost accounting, human resources, and information technology including operating and capital budget control and full P&L accountability. Directed international operations managing employees in Germany and France. Managed all corporate banking relationships including $10M line of credit and $6M Industrial Development Bond Financing with state of California. Monitored and maintained PICK operating system, jBase database, and Windows 2003 server.

• Increased sales $5M and gross margin 4% in five years via strategic sales initiatives and brand management.

• Negotiated more than $10M in financing with Bank of America and Mellon Bank.

• Purchased 30,000 square foot manufacturing facility in Hesperia, CA and negotiated build out of 50,000 square foot addition.

• Developed in-house corporate Internet and Intranet sites in addition to customized ERP systems.

• Created European corporate entity and increased international sales 500% post-employee ramp-up encompassing employment contract negotiations and staff development.

• Implemented employee benefits program including 401k plan, Section 125 cafeteria plan, and employee bonus plan increasing employee satisfaction and retention.

• Reduced workers compensation insurance rates 50% via utilization of aggressive safety plan.

• Completed strategic acquisition of a manufacturer of a complimentary product line to assist in capturing market share in specific niche markets.

Corporate Controller (1985 – 1990)

Prepared all corporate financial reports with P&L responsibility for cost control and margins. Performed as a corporate liaison with lenders, auditors, and tax agencies.

• Directed successful customization and deployment of integrated financial systems software including payroll, accounts receivable, accounts payable, general ledger, fixed assets, and purchasing.

• Increased inventory turnover 30% while maintaining high level of customer service.

Accounting Manager (1984 – 1985)

Staff Accountant (1983 – 1984)

EDUCATION

Master of Business Administration, Finance

California State University, Northridge, CA

Bachelor of Science, Accounting

California State University, Northridge, CA

PROFESSIONAL AFFILIATION

Workforce Investment Board Member, Ventura County, CA

Managed spending of State and Federal funds supporting Job & Career Centers and other local programs / services benefiting adult and youth job seekers, dislocated workers, and businesses.

United Way of Ventura County

Active member of the Resource Development Cabinet providing leadership in developing and implementing successful workplace United Way campaigns and other fundraising strategies as well as raising awareness about how United Way of Ventura County identifies and responds to critical needs in the community.

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