Robert Karrick
Interim CEO, COO, Turnaround
I am available to lead organizations in a CEO, President, GM or COO role where I can leverage my experience and commitment to stewardship, strategic direction, excellence in execution and achieving business objectives.Known for my goal oriented, visionary, strategic and successful leadership expertise, with broad Boardroom, CEO and senior-level management experience. In addition to extensive domestic experience I have international financial and operations, business development, restructuring and M&A experience.
I am seeking to work with companies with these targeted situations:
• Companies in operational change, seeking an expert in business renewal and restructuring;
• Growth oriented companies that have reached a sales or profitability plateau;
• Companies that are searching for a new business model;
• Domestic and international operations; and / or
• Professional leadership is necessary to position the company for the future.
Industry Experience:
Banking at Norwest; professional services at KPMG & Manchester Companies; business-to-business services at Gelco Information Network and TicketAmerica; and consumer goods manufacturing at Tiro Industries & Smead Manufacturing.
SELECT INTERIM EXPERIENCE
Company Stage Focus: Late Stage Venture Funded, Private Equity Backed, Turnaround/Distressed, Private, Family Owned
Restructuring/Divestiture
Led restructuring/divestiture of European Business, an 80 million Euros top line organization, correcting long term P&L losses and significant negative cash flow problems
Turnaround
Led turnaround of a $50 MM contract manufacturing company- achieving positive cash flow, (six months), and positive P&L (nine months)
Company Revitalization
Led payment system company revitalizing sleepy but profitable company, increasing sales from $28M to over $50M
Ownership Restructuring
Successfully led project to restructuring ownership of a large scale multi-state agricultural operations
Manufacturing Company
Reduced operating cost structure $15 million per year by rationalizing manufacturing and supply chain footprint, and further reduced cost structure/liability risk through freezing of the Defined Benefits Pension Plan
ADDITIONAL COMPANY EXPERIENCE
• President & CEO – Gelco Information Systems
• President & CEO – Ticket America
• CEO & Chairman of the Board – Tiro Industries
• Managing Director – New Fashion Pork
• COO – Smead Manufacturing Company
• Chief Manager – Tower Solutions
• Executive Director – Alzheimer’s Association MN – ND
BOARD EXPERIENCE
• Tiro Industries
• Alzheimer’s Association Minnesota – North Dakota
• Ecumen
Years Executive Experience: ()
Years as an Interim Exec: ()
Company Size: ($1M-$1B)
SPECIALTIES:
• Board Advisory
• Corporate Governance
• Family Run Business
• International Business
• Building a Management Team
• Financial Analysis
• Debt and Refinancing
• M&A – Company Sale
• Acquisition Integration
• Planning/Modeling/Execution
• Turnaround – Distress
INDUSTRY EXPERIENCE
• Business Services
• Consumer Products
• Corporate Innovation
• Exit Planning
• Healthcare
• Management Consulting
• Manufacturing
• Personal Care
• Private Equity and Venture Capital
• Turnaround