Executive Job Description | The company is a fast growing regional manufacturer of proprietary well head production equipment and field services in the Rocky Mountain Region.
Revenues are approaching $30mm and the business is consistently profitable. The run rate by year end could be $45mm. The business is privately held and has experienced this growth with the help of a private equity investor who has been intimately involved with the business for the past 6-7 years. This person will replace the private equity owner and report to the Board of Directors.
The company is organized into three divisions manufacturing Vapor Gas Reducing (VRC) Separators, Enclosed Flare (VOC) Incinerators and Custom Tanks. It operates two plants, employees over 200 and is expanding its workforce to support its future growth opportunities.
This is an assignment offering superior growth and development, technological and market share leadership supported by a strong financial foundation and access to capital. Offices are located in the greater Denver area.
The Position
The President will be accountable for delivering the operating objectives of the company including revenue growth, profitability, product development, sales, marketing, distribution, engineering, manufacturing, procurement, finance, field service, safety and human resources through his/her direct reports.
The culture of company requires very sound skills of all functional disciplines reporting to the position combined with the ability and interest to mentor members of the team as necessary. The environment is rustic and shirt sleeve. This person will bring well developed skills and leadership attributes to orchestrate the future growth of the organization by fostering a highly committed team and providing the proper robust business processes, managerial tools and financial controls to transition this business from an early stage to a larger growth business.
It is expected that the President will named the CEO upon demonstrating the leadership skills needed by the operating team.
Professional Qualifications
An undergraduate degree is required, with preference given to an engineering or business degree. An MBA is desirable
• 15 or more years of increasing responsibilities in engineered fabricated products
(Capital Equipment) including several years in a general management position with P&L responsibility over a free standing company or subsidiary with revenues of comparable size or better.
• 5 of the above years must include selling equipment and/or services to the OIL AND GAS producers
• Foundation experience and familiarly with high quality robust business systems, IT and lean business practices such as those employed by well managed companies that have managed growth beyond $75-80mm.
• Functional expertise will include industrial marketing/sales of capital equipment, strategic planning/execution, finance and manufacturing management and HR. Part of this experience should be in a high growth environment similar to this business.
• Demonstrated skills as an innovative leader in terms of growing the business, making sound investment decisions, building sales, customer and manufacturing processes and delivering above average profitable results through winning teams is essential. These achievements will be verifiable through revenue growth, ROS, ROI and other appropriate measurements over the past five years
Compensation includes base, bonus and a meaningful equity component
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