President - Lean Focus

*This role is a full time position with a Lean Focus client*

POSITION: President

LOCATION/TRAVEL: Toledo, OH area

REPORTS TO: CEO

TRAVEL: Up to 15% domestic

POSITION SUMMARY:

Our client is seeking a President to join their precision machining company in the Toledo, OH area. The right candidate will have experience with strategic development, team building, and Lean implementation. This person will play a pivotal role in driving the strategic growth of the business and operational excellence. The President will be responsible for identifying and prioritizing core product groups, developing and implementing commercial and resource strategies, and building a high-performing management and commercial team. They will drive significant revenue growth, increase EBITA margins while maintaining strong gross margins and reducing operating expenses, and execute a comprehensive M&A strategy. The President reports directly to the holding company CEO but will be responsible for transitioning this division into a standalone business during their tenure. We are looking for a visionary leader with a proven track record to ensure the company’s continued success and growth.

JOB RESPONSIBILITIES:

• Identifying core products and departments; developing corresponding commercial strategies including building a sales and marketing team
• Implementing effective sales operations and funnel management processes
• Developing an equipment strategy that organizes equipment and facilities to align with the identified core product groups
• Doubling revenue through newly developed sales and commercial strategies; implementing and overseeing strategies to achieve specific financial targets
• Increasing EBITA margin by maintaining strong gross margins and reducing operating expenses including overhead
• Implementing cost-saving measures and efficiency improvements to achieve financial targets
• Regularly monitoring and reporting on financial performance to ensure alignment with profit goals
• Developing and communicating a clear vision for Lean transformation in alignment with company’s strategic goals
• Enhancing the organization’s Lean pedigree by instilling a Lean culture across all levels; promoting Continuous Improvement and operational efficiency through the development and support of ongoing Lean initiatives
• Encouraging open communication, collaboration, and willingness to challenge the status quo
• Leading the development and execution of a comprehensive M&A strategy from identification of acquisition targets through term negotiation, due diligence, and integration
• Collaborating with stakeholders to ensure acquisitions align with company strategic goals
• Strategically hire top-tier talent for key roles to drive organizational success

EDUCATION AND EXPERIENCE:

• Bachelor’s Degree required; MBA or similar preferred
• 10+ years of progressive leadership experience in the machining industry with at least 5 years in a senior executive role and at least 3 years in a mid-sized business unit (less than $100M sales)
• Proven experience in strategic planning, setting clear goals, and guiding teams towards achieving long-term objectives
• Demonstrated success in commercial transformation through strategy development and execution, with a strong understanding of market dynamics and customer needs
• Demonstrated ability to apply the 80/20 principle in a machining environment
• Experience in a Lean manufacturing business and utilization of Continuous Improvement principles such as Strategy Deployment, Value Stream Mapping, 6S, Standard Work, FMEA, Problem Solving, Kanban, Visual Daily Management, 80/20
• Strong financial acumen with experience in budgeting, forecasting, and financial analysis including prior P&L ownership
• Ability to lead, develop, and build successful teams; experience with organizational design and development

Lean Focus LLC is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, sexual orientation, disability, or protected Veteran status.

COMPANY DESCRIPTION:

At Lean Focus, we help businesses overcome their biggest challenges by transforming them for the better, and for the long-term. A "who's who" of global leaders in every industry, our clients include some of the world's most respected brands and several members of the Fortune 1000.