President & Chief Executive Officer

Position Location:

Significant presence in Cleveland/Marietta, Ohio is required

Company

Headquartered in Fairlawn, OH, Profusion Industries designs, engineers, and manufactures polymer-based film and sheet products for industrial and commercial end markets. The Company operates a 350,000+ sq. ft. manufacturing facility in Marietta, OH and a 40,000+ sq. ft. facility in Claremore, OK. Profusion holds a dominant position in two sizable, oligopoly-structured commercial markets built on proprietary chemical formulations, long-tenured OEM relationships, and manufacturing footprint that includes in-house extrusion, compounding, recycling, and technical lab capabilities.

Profusion partnered with Boyne Capital, a Miami, FL-based private equity firm to help achieve the next phase of growth.

Opportunity

Reporting to the Board and serving as a partner to the private equity sponsor, the President/Chief Executive Officer drives commercial expansion and leads value creation across the business. You will play offense on diversification and new business generation while transitioning broader operational and enterprise-wide oversight from the sitting CEO. This is ideal for a commercially focused leader with a record of driving growth, institutionalizing manufacturing processes, as well as capacity optimization in specialty plastics.

Responsibilities

• Serve as an operating partner to the PE sponsor in achieving annual EBITDA and revenue growth targets
• Identify new adjacent market/customer opportunities and develop value propositions that align with Profusion’s competencies and capabilities
• Maximize share in existing markets and customers
• Develop trusted advisor relationships with key accounts and customer stakeholders as the executive point of contact
• Directly manage and develop the sales, product development, and customer service infrastructure
• Full operational and enterprise-wide leadership oversight across accounting/finance, manufacturing, and HR business units
• Ensure the timely and successful delivery of solutions according to identified customer needs and objectives
• Communicate challenges and progress of monthly/quarterly initiatives to internal and external stakeholders
• Serve as a key culture driver across the multi-site organization
• Assist the PE sponsor in the evaluation of M&A opportunities and drive post-acquisition integration

Qualifications

• 15+ years of business unit GM/divisional P&L leader, with 5+ years in specialty plastics manufacturing/production
• Achievement of sustained commercial growth on technical specifications and formulation
• Prior success driving accountability of key metrics across a scaled manufacturing operation
• Able to travel a minimum of 30% to be onsite
• Exposure to union/CBA is valued
• Experience working in a PE sponsored environment/post-M&A integration execution highly preferred

Compensation & Benefits

• Competitive cash compensation (annual base & bonus)
• Equity tied to the performance of the business
• Comprehensive Medical/Dental/Vision Insurance options, and 401(k) with employer match