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