Job title: CEO
Job type: Permanent
Emp type: Full-time
Industry: Manufacturing
Salary: negotiable
Job published: 07-10-2024
Job ID: 34627

Job Description

Title: CEO

Sector: Manufacturing

Location: Rochester, MN

Salary: Competitive salary with performance-based incentives and bonuses based on cash distributions

 

About The Business

This is a newly acquired manufacturing SME in the Rochester, MN area recently bought out by a growing and entrepreneurial UK-based holding company.

The acquired business is an established, family-run company with around 60 employees, that has typically generated revenues of $10-15m and produces a healthy EBITDA.

 

About The Role

The Board is seeking a new CEO to steer the company into its newest chapter by setting ambitious growth targets and introducing best-in-class processes and personnel throughout.

The CEO will be the primary executive responsible for overseeing overall operations, driving strategic growth, and ensuring the company achieves its financial and operational goals. This role demands an entrepreneurial leader with experience in scaling manufacturing/retail businesses, with a proven track record of delivering results.

As CEO, your key responsibilities will include:

  • Developing and executing a comprehensive business strategy aimed at increasing annual turnover to $100 million within 10 years.
  • Identifying and evaluating new market opportunities, partnerships, and acquisition targets to accelerate growth in both manufacturing and retail.
  • Implementing scalable processes and systems in manufacturing, supply chain, and retail management to support rapid growth while maintaining quality and service standards.
  • Accurately and effectively reporting financial performance to the board, ensuring transparency and alignment with the company’s goals.
  • Building, leading, and inspiring a high-performing team, fostering a culture of excellence, integrity, and accountability across both manufacturing and retail operations.
  • Driving customer-centric strategies, ensuring a deep understanding of customer needs and market trends in both the manufacturing and retail sectors.
  • Leveraging technology to streamline operations, improve customer engagement, and drive competitive advantage in both manufacturing and retail.

 

About The Candidate

We're looking for a driven, relentless individual who prides themselves on their commercial acumen, strategic thinking, and ability to build long-lasting, trusted business partnerships.

Experience in the manufacturing sector is strongly desired as you review and upgrade the business's ERP, CAPEX and Fixed Asset portfolio, bringing systems and processes firmly into the modern age.

You'll need a track record in up-skilling and hiring a strong leadership/management team as you develop the next generation of leaders within the business.

Finally, we're looking for an individual with a strong financial acumen who can take complete responsibility for the business P&L, working with advisors to identify and execute M&As.