Damon A. Neth
Interim CEO, COO, CIO
Damon is a seasoned entrepreneur, senior executive, and C-Level consultant with deep domain expertise in enterprise technology world-class business processes. Damon has worked with organizations ranging from pre-revenue start-ups through Fortune 500 to achieve business process and technology excellence. In 2014 Damon founded CXO Service Co, a premium provider of business process and technology consulting services, where he serves as CXO. Damon excels at achieving alignment of business goals and technology alignment, demonstrated by over 20 years of unqualified success in these areas.
Specialties: Enterprise retail & distribution technology including, supply chain automation, inventory management, order management and processing, data warehousing, accounting & finance, automated warehouse management, data transformation and cleansing, point-of-sale and in-store solutions, technical systems architecture, strategic systems planning, complex and business process innovation.
SELECT INTERIM EXPERIENCE
Company Stage Focus: Startup, Private Equity Backed, Fortune 1000, Private, Family Owned
Interim CIO, $12M CPG Company
Led enterprise-wide re-organization, business process innovation and technology implementation/optimization for this high-growth CPG company, supporting 100% annual growth. Implemented strategies to increase throughput many-fold and prepare the company for continued exponential growth. Provided leadership to C-Level peers, direct reports and the organization in general as the transformational executive at this dynamic company through ground-up business and technology change.
CEO, Niche Sporting Goods Multi-Channel Company
Managed all facets of company operations for this dominant niche retailer. Led ground-up design, development and implementation of ERP system focused on inventory management and order processing. Through the successful definition of strategy and development/implementation of custom ERP technology, this company was able to scale throughput to over 50,000 orders annually with only two full-time individuals, while achieving inventory accuracy in excess of 99.7%, order error rates of less than .1% and same-day shipment of all orders received by 4:00 pm EST in excess of 99.5% over a period of three years. These statistics are remarkable because this company managed an inventory pool in excess of 100,000 “eaches” across multiple web footprints (stores) and selling channels.
Interim CIO, $1.5B Consumer Electronics Retailer
Led all facets of IT development and strategy for a dominant consumer electronics chain, posting sales in excess of $1B annually through 100 retail locations. For this client, Damon stepped in to lead all development and support activities to fill a vacancy left by the sudden departure of the company’s CIO. Damon successfully led this organization’s centralized IT activities and store-based IT solutions, reporting to the global CIO of this multi-industry company. In filling this role in a timely manner, Damon was able to ensure the company remained on track to complete over $20M in IT systems projects that were being executed under strict time constraints, all with delivery dates in 6 months out. All IT activities for this division were integrated into enterprise PMO (Project Management Office) for the parent company.
VP Services, RFID Start-Up
In this Role, Damon led all facets of product development, sales/marketing and services definition for this up-start RFID software company. Damon was chosen to fill this role based on his deep domain expertise in Supply Chain/Warehouse Automation, experience leading high-end professional services teams, and unique experience implementing enterprise wide inventory-based solutions for many large companies.
Interim CIO, Food Service Marketplace Automation/Consolidation Co.
In this role, Damon provided C-Level strategy and technology guidance to this early stage venture-funded food service supply chain marketplace company. This company’s goal was full automation of all supply chain services required to connect food service suppliers with restaurants. Damon was hired for his deep domain expertise in supply chain best practices, large-scale enterprise technology and real-world success in alignment of business needs with cutting edge technology solutions. Damon helped this company pivot from a provider of these services to a Co-Op model owned by it’s members.
ACCOMPLISHMENTS
•Successfully led implementation of over $100M in enterprise technology during career
•100% of lifetime clients (over 20+ years) are referenceable.
•Ground-up Design/Dev/Launch of two complete ERP systems during career
•Successfully served in interim C-Level roles at 6 companies (pre-revenue to $1B+ in sales)
•Successful serial entrepreneur & member Entrepreneur’s Organization
BOARD EXPERIENCE
•Project Management Institute, Non Profit
•SFDS, Privately Held Distribution Company
•StoreForward, Inc, Boutique ($2m) provider of Executive-Level Business & IT Services
CREDENTIALS/EDUCATION
•BS/BA Computer Information Systems, Bryant University
•Certified Project Management Professional (PMP), Project Management Institute
•Mentor, Incubation Station (World’s Premier CPG Incubator)
•Mentor, Austin Entrepreneur’s Organization Ignite Program
Years Executive Experience: (18)
# of Interim Roles: (6)
# of Board Roles: (3)
Company Size: ($100k-$10B)
SPECIALTIES:
• Board Advisory
• Corporate Negotiation
• Operational Costs
• Joint Ventures
• Operations: Cost
• Cycles/Response
• Distribution
• ERP
• Logistics
• Offshore Development
• Outsourcing
• Planning/Modeling/Execution
• Pricing Strategies
• Sales Forecasting
• Acquisition Integration
• E-Commerce
• Product Marketing
• Advancing & Emerging Technologies
• Staff Augmentation
• Systems Integration & Infrastructure
• Team Development
• Technology Development
• Enterprise IT Process (PMO)
• Change & Risk Mgmt/Mitigation
• Enterprise Technology Strategy
• Business Process Innovation
• Waterfall and Agile Development
• Alignment Business & IT
INDUSTRY EXPERIENCE
• Retail – Hard & Soft Goods / Big Box
• Retail – Food Service
• Retail – eCommerce
• Wholesale / Multi- / Omni-Channel
• Supply Chain & Distribution
• Order Fulfillment
• Software / Tech
• Professional Services
• Product Design, Development & Mfg