Position: Pennington Ventures LLC Partner International Practice Management Consulting industry London, GB 01/1/2007 — Present The specific role of Advisor includes consultation and active management on European Internet matters as well as all preparatory work for the market entry of an innovative Internet platform in Germany, Switzerland and Austria. I also accepted requests to serve as Executive Advisor to CSFB, Citigroup, Canyon Capital Advisors and Investcorp. Position: FedEx Express Inc. Manager Int'l Expansion and Country Manager International Logistics Brussels, BE 06/1/1985 — 06/1/1992 FedEx Corp. (NYSE: FDX) provides customers worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $36 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively under the FedEx brand. Country Manager Sweden Start-up and closure of Company Operations in Stockholm, Malmö and Gothenburg after FedEx decided to partially retrench from the European market in March 1992. Director of Operations for Northern Germany Managed over 300 Associates and Operating Budget of US$ 34 Million. Executed Integration Management of diverse acquisitions. Introduced Handheld terminals to Operations staff and Courier workforce to improve data capture for fact-based decision making. Promoted to Country Manager. Manager of International Agents and Expansion at FedEx’s European HQ (Brussels, Belgium) Responsible for Business Development and Operations of 11 European and 12 African agent-served countries. Initiated and implemented FedEx’ expansion into the African territories as well as managing transformation from agent-served to direct-served European countries (Spain, Italy). International Operations Specialist at FedEx’s HQ in Brussels, Belgium Responsible as Agent Coordinator within European Operations. Received various promotions. Position: TNT Express Worldwide Director of Operations and General Manager International Logistics Amsterdam, AN 09/1/1992 — 11/1/1997 TNT N.V.’s (Ticker: TNT Amsterdam Euronext Stock Exchange) Express division is one of the world’s leading business to business express delivery services providers. It delivers 4.1 million parcels, documents and pieces of freight a week to over 200 countries using its network of over 1,200 depots, hubs and sort centers. The Express division operates over 23,400 road vehicles and 44 aircraft and has the largest door-to-door air and road express delivery infrastructure in Europe. TNT’s express division employs over 74,000 staff worldwide. Director of Operations Central and Eastern Europe (8 Countries) - based in Frankfurt, Germany Promoted to manage Central and Eastern European operations with 2,200 Associates and a budget of € 250 Million. Implemented year-on-year cost reduction of 17%. Improved Service performance by 250 basis points to exceed 98%. Increased Productivity by 39% in mature markets such as Germany and overall by 21% in the Region. I resigned in order to join GE Capital Services. Corporate General Manager Airport/Hub and Gateway Operations - based in Amsterdam, The Netherlands Planned, directed and organized worldwide distribution centers and customs affairs within the functional Operations stream. Managed 1,400 Associates and an Operating Budget of US$ 100 Million. During my tenure, Global Network Performance reached its highest level ever (91%). Reduced unit cost by 12% year-on-year and conceived, initiated and gained approval for the Company’s largest infrastructure project of planning and building a new European Hub in Liège, Belgium. General Manager European Hub based in Cologne, Germany Managed over 450 Associates and Operating Budget of US$ 32 Million. Improved process capacity by 40%, on time performance from 38% to 87% and reduced unit cost by 24%. Promoted to a global functional role at TNT’s corporate headquarter. Position: GE Capital Services GmbH Managing Director Central Europe Financial Services Frankfurt, DE 01/1/1998 — 06/1/1999 GE (NYSE: GE) is a diversified technology, media and financial services company. GE Capital Fleet Services, with more than 250,000 vehicles in Europe is a leading global car leasing and fleet management company. In Germany GE Capital Fleet Services had a fleet of 20,000 vehicles which was managed by a staff of 120 Associates. Substantially grew the Asset Leasing business in Germany, Switzerland and Austria by introducing new Client Services, improving Fleet Re-marketing performance and implementing Six Sigma for improved customer satisfaction. With NEA exceeding US$ 250 Million and annual revenue in excess of US$ 100 Million, Pre-tax profit increased by 62% and Net Income by 173% year-on-year. Rated as an “A” Player. Resigned in order to join Webvan in the U.S. Position: Webvan Group Inc. Vice President and General Manager Internet (Platform) Atlanta, GA US 07/1/1999 — 10/1/2000 Webvan Group, Inc. (Nasdaq: WBVN) had set a new standard for Internet retailing, combining the convenience of online shopping with a personalized courier service that delivers within a 60-minute window of the customer’s choosing. Through its Web site, webvan.com, Webvan offered a broad selection of quality products at competitive prices. The company was renowned for its relentless focus on Quality, Customer service, Innovation, and Value. From Greenfield operation to build-out of a highly complex, automated 330,000 sq. ft. distribution centre, this B-to-C Internet start-up delivered 99.4% Average Service Levels in month 1 of Operation in Atlanta. 3 months post-launch, Webvan Atlanta with its 700 Associates increased the annualized Revenue Run rate to US$ 100 Million and attained 72% brand awareness in the target market. Resigned after 18 months as the business model did not prove itself and I was offered the opportunity to join a (at the time) seasoned blue chip Technology company, Gateway Inc. Position: Gateway Computers Inc. Vice President Continental EMEA IT London, GB 11/1/2000 — 11/1/2001 Gateway (NYSE:GTW), a Fortune 500 company founded in 1985 was rated as the most admired American company in the Computers and Office Equipment industry in Fortune magazine and was the top brand in customer loyalty and for first-time home computer purchases of Wintel-based PCs. Led and initially expanded Gateway’s € 400 Million operating business (1,800 Associates in 28 countries) in the Region of Continental Europe, Middle East and Africa. Developed and executed a plan to reduce SG&A expenses in excess of 40% by cutting overhead, eliminating and redefining Sales channels, driving product simplification and aggressively reducing casual expenditure. In December 2000, the US PC industry collapsed and Gateway had lost over 65% of its market capitalization (a loss of US$ 13 Billion) which led to the decision in April of 2001 to retrench from the European market. Coordinated the closure of all Country operations on/or ahead of schedule and budget. Position: ricardo.de AG Chairman of the Supervisory Board Internet (Platform) London, GB 03/1/2003 — Present I was elected to Chairman of the Supervisory Board of German publicly listed daughter-company ricardo.de AG - a position I continue to hold to this day. During my tenure from 2001 to 2007 the revenue of Ricardo.de AG improved by 671% (from € 1.4 Million to € 10.8 Million) and the company’s value increased by 673% (from € 15 Million to € 101 Million in 2009) respectively. Position: QXLricardo plc Vice President Internet (Platform) London, GB 12/1/2001 — 07/1/2003 QXLricardo plc was a publicly traded company with its shares listed on the Official List of the United Kingdom Listing Authority (Symbol: TRAD.L) and had a market cap in excess of € 1.3 Billion when it was acquired by Naspers in December 2007. QXL is a leading provider of online auction platforms with operations in the Central & Eastern Europe, Denmark, Norway, Switzerland, Austria and Greece. Business Operations in UK, Germany, Norway, Denmark and Sweden Dramatically improved Path-to-Profitability across the Group of Companies in Scandinavia, Germany and the United Kingdom. Served on the Executive Management Board. Extended market leadership in Scandinavia and re-structured the company’s operations in the key markets of Germany and U.K. Tripled transactional volume in select markets. Secured continued triple digit-growth through strategic alliance deals (Yahoo!) in Scandinavia and extended market leadership. The Executive job was completed in 2003 and I was elected to Chairman of the Supervisory Board of German publicly listed daughter-company ricardo.de AG - a position I continue to hold to this day. During my tenure from 2001 to 2007 the revenue of Ricardo.de AG improved by 671% (from € 1.4 Million to € 10.8 Million) and the company’s value increased by 673% (from € 15 Million to € 101 Million in 2009) respectively. Position: DPD GeoPost Deutschland GmbH & Co. KG CEO International Logistics Frankfurt, DE 08/1/2003 — 05/1/2005 DPD GeoPost (Deutschland) GmbH is the leading service provider of national and international parcel deliveries in Germany with revenues in excess of € 1.0 Billion and 6,000 Employees and 5,500 sub-contractors. The company is a wholly owned subsidiary of “La Poste”, France’s Postal Service. DPD GeoPost (Deutschland) GmbH offers its customers domestic and international parcel delivery services. With a customer base in excess of 50,000 businesses, DPD is Germany’s market leader in B-to-B domestic parcel transportation with 1.4 Million shipments per day. Directed, lead and represented the interests of GeoPost in Germany with € 1.0 Billion in Revenue. Year-on-Year achievements included 83% EBIT improvement, € 100 Million Revenue increase, and a Return-on-Sales improvement of 350 basis points. Developed and implemented a long-term strategic plan including leveraging Technology (RFID adoption), initiating Customer Retention Programs, installing an international sales force including Key Account Strategic Sales programs and improving Pricing capabilities. Conceived, developed and led the largest Group-wide Project to implement Mobile Scanning technology to 8,000 Couriers across Europe. During my tenure, DPD improved its Brand image from 26th place to 4th place of all German logistics companies. Leadership and Employee incentive/support programs across the organization were developed and implemented which included the creation of a company-owned Training academy. Position: Geodis S.A. Sr. VP Europe and Member of the Executive Committee International Logistics Paris, FX, Metropolitan 10/1/2005 — 12/1/2006 Geodis S.A. (Ticker: GEO Paris Euronext Stock Exchange) is one of the Top 4 European logistics providers. In 2006 it generated revenues of € 3.8 Billion (US$ 5.4 Billion) and employed 26,000 associates worldwide. Geodis operates mainly in its home country of France and the rest of Europe, with over 95% of revenues generated in these two corporate divisions. Revenues for Europe (excluding France) were € 1.05 Billion and over 4,000 associates were employed in this division in 2006. Recruited to this newly created position to initiate, develop and implement new growth strategies for the non-France based European Logistics, Forwarding and Distribution Businesses with annual Revenues of €uro 1.05 Billion and 4.000 employees. I reduced EBIT Operating losses by 97.4% from € 17.4 Million to € 0.5 Million in 2006 vs. 2005 by driving profitable Sales growth, discontinuing select economically unviable customer agreements, improving Pricing across the territory and deploying technology and engineering to large scale Logistics Projects. Following another (the second in 12 months) Group-wide strategy change coupled with numerous Management Board changes (the CEO was changed twice in 6 months and 8 of 14 Exec Committee members left the Group in 2006), the Group’s European organisation was changed yet again from a territorial to a functional structure. Education: Columbia University Business Administration Bachelors Degree New York, NY US 06/1/1999 — 06/30/1999  | |||||
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