BYSTRY ADVISORS, L.L.C.
HELPING BUSINESSES "LIVE LONG AND PROSPER."
Founder

LARRY A. BOLTERSTEIN

                                                            

Qualifications: 

Over 35 years of corporate leadership, CEO, COO and CFO, solutions innovation, strategic development, profit turnaround, financial growth and personnel enhancement and retention. Extensive track record of turnaround leadership, problem solving innovation, strategic development, profit restoration, start-up financing and merger and acquisitions. Operations management, system improvement and analytical conceptualization. Pioneering solutions to streamline operations, advance company revenues and achieve ambitious objectives.

Core  Experience: 

Operations and financial management, solutions development and implementation, profit turnaround, P&L Management, analytical analysis, interpretation and resolution of complex problems, mergers and acquisitions, federal contracts (DoD), U.S. government TS security clearance (inactive).

Industry: 

Wide-ranging industry expertise providing innovative and effective solutions to complex problems. Chemical Manufacturing and Distribution, Commercial, Industrial and Residential Transportation, Consumer Products, Small Appliance, Floor Care, Hydraulics, Security (Armored money transport), Paper, Machine Tool, Capital Goods Design and Manufacturing, Satellite and Wireless Communication, Private Equity

Comments: 

Corporate Leadership

Led communications company as interim COO and CFO through period of rapid growth ($40 million to $300 million in two years.)

 Solutions Innovation

Spearheaded team development of enterprise software solution, precursor to PeopleSoft, to enhance high-volume manufacturing performance, completing project 40% under budget 
 • Pioneered enhanced Standard Operating Procedures for armored car company, which improved customer service and eliminated $400,000 of customer claims losses annually
• Achieved a $4.2 million reduction in breakeven revenue through identification of production variances redesign of manufacturing corporation cost system
Established business strategies and financial resource management for several startups including high-tech and e-commerce ventures
• Developed revolutionary JIT solution to replenish ATMs, significantly improving liquidity among lending institutions

 Strategic Development

Directed successful acquisition of communication network management and control software company
• Facilitated the precipitous initial growth from $0 to $140 million within one year after the $65 million purchase of an inoperative tissue mill.

 Profit Turnaround

Reversed unprofitable direction of capital goods design and manufacturing company, transforming over $2 million in losses of the previous year to break-even within 90 days and profitability within six months
• Translated the $65 million purchase of a closed mill into a $165 million sale of the company one year later
• Transformed insurance function from cost center to profit center through establishment of offshore captive insurance company, saving over $8 million annually
• Developed strategic marketing process for equipment division of leading energy corporation, turning an operating loss into an 8% profit.

 Financial Growth

Achieved a ten-fold gain in Canadian market share of a $30 million subsidiary of international floor care product company from 3% to nearly 30% within 3 years
• Contributed to international company’s double-digit growth, from $80 million to $250 million, in three years
• Participated in successful effort that increased shareholder value of nationally known corporation from $80 million to greater than $200 million in three years
• Realized 3% increase in return on sales for chemical division of international energy corporation
• Developed and instituted an MRP (JIT) system leading to increase of $1.5 million in profitability revenues in the face of a 25% market shrinkage.

 Personnel Enhancement and Retention

Reduced employee turnover to under 2% in an industry with average turnover rate of over 28% by offering large company benefits to a small company 
         – Obtained no-cost health insurance and 401(k) plan for 120 personnel members  
         - Saved significant company recruitment costs and increased retention rates with above average wages  
• Mentored several employees who rose to C-level positions  
         - Assistant Treasurer rose to CFO of $2 billion company 
        
- Assistant Controller rose to President/COO of $300 million company

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