CFO, Anitox Corp
2007 – 2014 Lawrenceville, GA
The Company’s products are used in the areas of livestock and pet food production, feed milling and biofuel fermentation. The Company is headquartered and has a manufacturing facility in Lawrenceville, Georgia, and maintains offices in the UK, Mexico, Brazil, China, and Malaysia. The Company sales are $40 million. Products are sold in over 60 countries (80% of sales are outside the United States). Anitox is a portfolio company of The Riverside Company’s Micro-Cap Fund.
Managed a staff of 10 located in the US, UK, and Mexico. Member of Executive Team that lead the company to increase sales by 105% (11% CAGR) from 2006-2013 and increase EBITDA by 392% (26% CAGR). As project lead, generated $1.5 million in OPEX savings. Reduced past due receivables by $500,000 by implementing new collection procedures and maintaining current receivables of 85% or more. Reduce the time needed to prepare the monthly consolidated financial statements from 4 weeks to 5 days by developing new closing procedures.