Richard Resek

Director, BusinessPlanning at Brown Shoe Company

Location
Greater St. Louis Area
Industry
Apparel & Fashion

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Richard Resek's Overview

Current
Past
  • Division Vice President at Maritz
  • Director Finance, Pepsi SAP Implementation at Pepsi, Chicago
  • Director Field Finance at Frito-Lay, Midwest Region, St Louis
  • Senior Group Manager, National Sales Small Format Channel at Frito-Lay, Dallas
  • Senior Group Manager, Performance Analysis at Frito-Lay, Dallas
  • Manager, Corporate Strategic Planning at Pepsi Corporate, New York
  • Manager Field Finance at Frito-Lay, Various Positions
  • Manager Worldwide Market Analysis and Planning at Northwest Airline
  • Finance at American Airlines
Education
Connections

440 connections

Richard Resek's Summary

Results oriented finance leader with a proven record of developing innovative solutions to operational and business development challenges using a positive consultative approach that clearly defines accountability.

Richard Resek's Experience

Director, Business Planning

Brown Shoe Company

Public Company; 10,001+ employees; BWS; Apparel & Fashion industry

June 2008Present (6 years 4 months)

Division Vice President

Maritz

Privately Held; 1001-5000 employees; Marketing and Advertising industry

20062008 (2 years)

Led a team of 7 finance directors providing financial support for $1.5 billion sales in the United States and Europe. Utilized cross-functional leadership to align senior executives and develop solutions. Devised and implemented process changes to improve efficiency in spending and productivity of people across these businesses.
- Improved utilization of personnel 10% through the creation of processes to analyze productivity rates of over 300 people across the Travel business by developing work standards for each position.
- Recovered $2.5 million from a major pharmaceutical customer through the cross-functional reconstruction and analysis of three years of project work.
- Created and implemented finance job proficiency expectations that allow for a fact based performance review. Additionally used to analyze position expectations for promotion opportunities.

Director Finance, Pepsi SAP Implementation

Pepsi, Chicago

Public Company; 10,001+ employees; PEP; Food & Beverages industry

20042006 (2 years)

Led financial planning, forecasting, and analysis of $1.0 billion SAP enterprise systems project. Implemented system for 18,000 users across all divisions and subsidiaries of company. Authored financial section of report to board of directors, achieving approval of project. Defined scope of work cross-functionally, coordinating team of over 1,000 consultants.
- Reduced project costs $400 million by reviewing key elements of enterprise software enhancements and placing focus on delivery rather than function.
- Defined over $375 million in ongoing business cost savings and ensured process for delivery identifying specific process changes that must occur, metrics to measure the change, and process to ensure progress.
- Negotiated the benefits targets with all divisions of Pepsi to ensure ownership.

Director Field Finance

Frito-Lay, Midwest Region, St Louis

Public Company; 10,001+ employees; PEP; Food & Beverages industry

20002004 (4 years)

Led financial functions and strategic business plan for $500 million consumer goods business with 1,800 employees. Spearheaded sales growth and share gains, driving productivity initiatives and enhancing overall profitability. Developed channel growth plans and key account strategies, optimizing product mix and monitoring market investment decisions.
- Delivered 6% profit growth on 5% sales growth achieving a market share of 71%.
- Reduced $6.2 million in annual selling expense, over three years, through organization restructuring while enhancing region’s overall effectiveness.
- Saved $300,000 annually in expenses by reducing cash and credit balances 70% of customers.
- Decreased inventory days 20% through improved product ordering training and reduced costs in market.

Senior Group Manager, National Sales Small Format Channel

Frito-Lay, Dallas

Public Company; 10,001+ employees; PEP; Food & Beverages industry

19992000 (1 year)

Oversaw all aspects of corporate finance function, including accounting for all convenience stores, small groceries, and gas stations. Held responsibility for over $2.6 billion in annual revenue or 40% of retail sales. Directed ten national account managers with 23 accounts and over $400 million in sales. Designed and implemented strategic plan with sales organization.
- Achieved 5.1% sales and 24% profit growth.
- Spearheaded financial analysis of multiple new product offerings that led to the introduction of the Tiny Bites Cookie line.
- Drove over 7 points of profit growth optimizing product rollout strategy to maximize sales exposure and minimize stale risks.
- Pioneered first analysis of key accounts’ profitability and performance, utilizing activity based costing. Leveraged analysis to develop revised selling story that drove additional space in market.

Senior Group Manager, Performance Analysis

Frito-Lay, Dallas

Public Company; 10,001+ employees; PEP; Food & Beverages industry

19971999 (2 years)

Held responsibility for analyzing corporate-wide financial and operating performance, presenting results to senior executive team and recommending action steps. Directed focus on overlooked brands as strategic profit opportunity, conducting investment trade-off discussions based on analysis of incremental volume assumptions.
- Saved $18 million negotiating General and Administrative targets across all functions.
- Improved investment allocations by restructuring profit and loss to reveal total, global overhead cost trends.

Manager, Corporate Strategic Planning

Pepsi Corporate, New York

Public Company; 10,001+ employees; PEP; Food & Beverages industry

19961997 (1 year)

Led corporate planning process, including forecasting quarterly and annual financial performance of $32 billion corporation.
- Spearheaded restaurant spin-off analysis. Forecasted results of new Pepsi-Co.
- Consolidated and interpreted three year operating plans from ten divisions of Pepsi-Co.

Manager Field Finance

Frito-Lay, Various Positions

Public Company; 10,001+ employees; PEP; Food & Beverages industry

19931996 (3 years)

Manager Worldwide Market Analysis and Planning

Northwest Airline

Public Company; 10,001+ employees; NWA; Airlines/Aviation industry

19911993 (2 years)

Public Company; 10,001+ employees; AAL; Airlines/Aviation industry

19861989 (3 years)

Richard Resek's Education

University of Virginia - Darden Graduate School of Business Administration

Master of Business Administration (MBA)

19891991

Vanderbilt University

B.A., Economics

19831986

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