Advisory Board Services

• Consultant to and subsequently selected to serve on board of $250MM company going through reorganization.   Led Board in Financial and Operational Restructuring through Chapter 11 Reorganization
• Served as Treasurer and President of Board providing services to neglected, abandoned and abused children for 25 years
• Leader in startup of industry wide insurance program for niche industry that reduced the cost of risk by 28% including insurance costs, claims and defense of claims.
• Finance Chair for Industry trade group 

C- Suite Services

• CFO of private equity roll up including 7 plants and European operations. Responsible for Financial Planning and Analysis, Reporting, Treasury, Risk Management, Legal, Human Resources, Information Technology, and Financial Reporting
• Valuation,  Due Diligence, Integration and Capitalization of 25 accretive acquisitions      providing entry into 75 new markets creating market leader in segment
• Recapitalization with investment bankers totaling over $300MM in total capital raise to support expansion, acquisitions, organic growth and shareholder liquidity objectives.
• Negotiated and structured complicated debt structures involving separate credit      facilities including syndications,  asset based lending, acquisition financing facilities with multiple lenders and intercreditor agreements.  Negotiated and managed complicated and interrelated financing and  covenant arrangements. 
• Managed HR, payroll, 401-K and ancillary benefits. Created culture generating significant engagement with average employee engagement score in excess of 75% +, double the national average for these scores.  
• Assisted in the startup of 15 new greenfield locations, 3 manufacturing plants, 27+      acquisitions.
• VP Operations for 4 plants including injection molding and thermoforming technologies.  Supported launch of ~ 35 new products annually and improved quality through implementation of  shop floor data control system (SFDC), Statistical Process Control (SPC),  employee development and empowerment.    Plants operated 24/7 with over 900 employees.
• Risk Management overseeing legal, insurance, workers comp, property and liability insurance programs, risk mitigation and claims management.
• Capitalization Strategy to accommodate significant growth including two startups, two major accretive acquisitions and one divestiture.

Building the Plan

• Assisted startup entrepreneur with 5 year plan including  customer targets, sales funnels, KPI, financial plan, capitalization strategy and funding for this start up.
•  Responsible for FP&A in two high growth organization over 26 years and execution of plans including integrating acquired operations

Focused Services

• Worked with Management on Financial and Operational Restructuring plan approved for Chapter 11 Reorganization.
• Reorganization and Workout of $60 MM company. Developed recapitalization strategy including restructuring balance sheet, reporting refinements, key performance measures and obtain new financing to achieve growth strategy. 
• Litigation Support on Breach of Contract identifying lost profits including product cost buildup including discrete overhead absorption and fixed variable costing
• Litigation support identifying employee theft 
• Led requirements definition and application selection of solution to provide a scalable integrated comprehensive ERP including lead management, CRM, dealer management systems, financial reporting, FP&A, and key performance management system.

Other

• Ernst & Young , LLP Senior Manager Audit Support, IT, Performance Improvement, Activity Based Costing, Litigation Support
• Experience in Pipeline, Textiles, Plastics, Retail, Foundry, Forging, Chemical, and       Distribution 
• Finance Committee Chair for National Mobility Equipment Dealers Association (NMEDA)
• Board of Pathway Caring for Children 
• Member Private Directors Association, Cleveland Chapter

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• Turn Around - Fractional CFO for $5 MM nonprofit .  Identified area with contribution losses and further impacted by Covid - 19  Pandemic.  Developed a FY 2021 Turnaround Plan and budget with KPI's, weekly  managements reviews with projected financial results .  Changed from losses to contribution gains within 4 months and tools used to manage staffing based on demand metrics.  Assisted in recruiting and transition to new CFO.  Continues to serve on Board of this nonprofit
• Launch -  We assisted in developing a list of opportunity targets, sales funnels, KPI, financial plan, capitalization strategy and funding for this start up.  We will serve on the advisory board going forward 
• Evaluation - Assisted in market feasibility and strategic evaluation for powdered metal additive manufacturing company owned by PE firm. 
• Recapitalization - Reviewed retailer operation and designed and developed location specific P&L along with fixed/variable breakeven, contribution analysis, corporate allocations, and fully loaded P&L’s. Advised on balance sheet restructuring.  Brought in new lender that has had a long term 12 year relationship with company.
• Litigation Support  - Worked with counsel to support litigation and criminal actions in areas of theft and breach of contract

Finalist Cleveland Crain's CFO Of the Year    https://www.crainscleveland.com/awards/gerhard-schmidt

2020 ACG Cleveland DealMakers Awards https://www.acg.org/cleveland/news-trends/news/24th-annual-deal-maker-award-winners-announced

MobilityWorks recognized in Inc 5000 14 times https://www.inc.com/profile/wmk