Project Manager Engineer

RAYMOND R. McCADDEN Jr.

**** ***** **** ****: 410-***-**** email: ***********@*******.***

Baldwin, MD 21013 Cell: 304-***-****

Results-driven business, engineering and program management leader skilled at working across functional areas with an exceptional 23-year record of driving results within Fortune 500 and private company settings. Seeking a broad multi-functional leadership role leveraging strong competencies in:

- New product/technology development - Multi-functional program management

- Product line strategy and management - Business unit P&L management

- Six Sigma, Lean and continuous improvement - Engineering, operations, and marketing

MBA, finance, Loyola College in MD 1994

BS, mechanical engineering (with honors), University of MD 1987

PROFESSIONAL EXPERIENCE _________________________________________________

INDEPENDENT CONTRACTOR 06/2011 – PRESENT

Consultative Assignments

• Technology/Equipment study for Fortune 200 food/beverage company

• U.S. Department of Energy efficiency study for commercial foodservice equipment manufacturer

• Implementation leader for new enterprise-wide electronic medical records IT system (EPIC) for West Virginia University Hospital System

ROYAL VENDORS, Inc. (~$200M company) 01/2005 – 4/2011

Vice President – Engineering

Executive staff member with direct P&L responsibility for maximizing ROI on new products and operational improvements for OEM of refrigerated (Coca-Cola, Pepsi) vending equipment. Lead multi-functional staff of 20 establishing product management efforts, creating product/technology plans, driving execution of product development, productivity and manufacturing/purchasing improvements.

• Revenue growth through new products rose to 35% of total company revenue and 60% of operating income. Introduction of innovative glass-front vendor with patented features.

• Year-over year 5% reductions in design-out material cost and operating expenses ($1M)

• 6-year operating results: revenue increased 2-fold, operating income increased 3-fold

CERTAINTEED CORPORATION 2003 - 2004

Director of Product Development – Exterior Products Group

Led multi-functional staff of 30 across three domestic design centers and twenty manufacturing sites with $1.6 billion in product responsibility. Consolidated four independent business unit design teams into one integrated multi-site product development organization. Established an improved NPI process, implemented DF6Sigma, and accelerated development cycle time by 25% while launching over twenty new products and generating annualized new product revenue of nearly $25MM.

FOLLETT CORPORATION 2001 - 2003

Manager – New Business Development

Reporting directly to CEO defining/implementing new business opportunities including new product development, potential M&A targets, and new sales/marketing programs for this leading commercial food-service and medical equipment OEM.

• Delivered product portfolio based strategic plan targeted at development of new products leveraging brand strength in existing channels and entry into new market segments. Successful execution grew overall company net profit nearly 5%

RAYMOND R. McCADDEN Jr. PAGE 2 OF 2

• Developed, in under six months from concept to launch, a medical-grade refrigerator that profitably generated a 7% increase in total company sales

• Developed on schedule and below cost innovative high-margin ice dispensing/bagging bin for C-store application that contributes $1 million in annual incremental revenue

INGERSOLL-RAND COMPANY 1998 - 2001

Worldwide Manager of Engineering – Tool & Hoist Division

Global responsibility for $200 million multi-product line business with 5 design centers and 7 operating locations. Create/execute worldwide short-and long-range strategies focused on delivering new products and new technologies while improving the business unit P&L performance. Led domestic and international staff of direct reports of 25.

• Upgraded engineering talent, established program management organization, and strengthened focus on disciplined NPD processes resulting in the creation of 75 new products in under two years producing a five-fold ($5 million) increase in new product revenue. Established separate focused group for development of new technologies like precision fastening.

• Eliminated $1 million in annual warranty expense through reliability improvement and defect reduction projects driven through Six Sigma methodology

• Lead establishment of manufacturing JV in China resulting in 40% product line base cost reduction and $2 million in incremental gross margin contribution

• Supported implementation of Demand Flow Technology, S.O.M. inventory, and the changeover to continuous mixed-model production yielding significantly higher earned-hour efficiencies, better working capital performance and a $2.5 million reduction in WIP inventory

GENERAL ELECTRIC COMPANY (GE Appliances/Roper Corporation) 1994 – 1998

Product Manager – Built-in Cooking Products (’96 –’98)

Product line management responsibility for $100 million built-in cooking products business. Created strategic plan and multi-generational product/technology roadmaps.

• Results: 6% market share increase, operating margin growth of $5 million, 35% reduction in service call rate, and $5 million in productivity.

Team Leader – Engineering/Manufacturing (’95 –’96)

Led development (~10 direct reports) and production teams (~50 non-union) to achievement of business objectives specific to product development, manufacturing, asset management, and quality improvements.

• Achieved consecutive years of significant business performance improvement including record net income growth, record yield on productivity, and >95% production yield/mix achievement

• Fully Six Sigma trained. Recipient of Corporate Excellence in Productivity Award for execution of Six Sigma lead productivity projects yielding annualized benefits exceeding $250,000

Project Manager (’94 – ’95)

Complete program ownership for redesign of GE’s line of wall ovens managing a $1.6 million project and $900,000 in capital spending. Product line captured $40 million in sales in the year of introduction.

• Twice awarded Corporate Performance Award for exceptional program management results

BLACK & DECKER CORPORATION (US Power Tools) 1988 – 1994

Team Leader (’93 – ’94) Sr. Engineer (’91 – ’93) Engineer (’88 – ’91)

Steady progression from entry-level design engineer to overall team leadership responsibility for large cross-functional North American product development teams that launched the DeWALT brand and several innovative technologies that deliver in excess of $300M in annual revenue.

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