1. Curriculum Vitae
ROMAN WENZL, MBA,MBA
Position: Owner and Managing Director,
Austrian Citizen
Date of Birth: April 4th
1965
Contact Data: email: rwenzl@wecos.com,
Mobile: +43-676-5884023
Residence: Hoher Markt 5/33, A-1010 Vienna, Austria
2. 2
Achievement Summary / Personal Strengths
1. CEO and CFO world-wide: US, Canada, Austria, Poland, Bulgaria,
Romania, 2.000 people, multiple subsidiaries
2. Managed Numerous Turn-Arounds in the Core Industries: Automotive,
Retail, Consumer Goods, Banking, Software, Telco, Services
3. 15 Years plus Experience in M&A, Post-Merger Integrations, Company
Development
4. Managed 2 Stock Market De-Listings
5. Managed 1 IPO
6. Managed numerous consolidations: Merger of Production Sites, Logistics
Hubs, Administration Facilities
7. Prepared 5 fast growing companies for the successful Exit, IRR plus 35%
p.a. on average
8. Managed the Establishment of large Greenfield Projects
9. MBA in Corporate Finance
10. MBA in Strategic Marketing
11. Hands-On Communicator and Mentor
12. Able to align and motivate multicultural teams
13. Extensive Know-How in Financial RE-Engineering: Acquisition of VC/
PE Funds, Strategic Partners, Debt Financing
14. Successful projects implemented in: USA, Canada, Austria, Germany,
France, Greece, Poland, Bulgaria, Romania, Lithuania, Albania, Croatia,
Hungary, Czech Republic, UAE, OMAN, China, Hong-Kong
15. Excellent Language Skills: German, English, French
16. Extensive Know-How in IFRS, US-GAAP Consolidations and KPI -MIS
and Controlling Reporting Systems
17. Proven Specialist in transforming organizations into market-oriented and
efficient thus successful entities
18. Managed numerous Sales-Teams and Marketing Teams in tough market-
conditions
3. 3
Experience / Positions held:
1997 – current: WECOS MANAGEMENTBERATUNG , WIEN
Sole Managing Director / Owner
Short Summary of executed projects:
Feasibility Study for a large Ammonia Nitrate Plant in Oman
including site selection, planning, Investment Planning,
Negotiations with General Contractors, Banks, Authorities
Board Member of the leading RO Electronics Retail Chain
responsible for the restructuring of the Retail Network,
Marketing and Procurement
Interim Managing Director of Austrian Biotech Company,
amongst others implemented a drastic cost reduction program
CEO(until September 2009) of DreamCatcher Interactive
Inc., Toronto, Canada, Video Games Publisher, responsible
for the Northamerican Expansion, reduced headcount by 70%,
increased revenue by 45%, tripled operating results,
substantial reduction in A/R DSO’s and substantial increase
in inventory turnover, opened new distribution channels
(Walmart, Toys R’US, Costco, BJ’s and others)
Sale of Austrian Company in the Car Refurbishing Business
to strategic partner
Market Expansion (US, Canada, South America) for North
American Operations of listed international Software
Company (Publishing) as well as major overhead reduction (-
40 % personnel at 45 % higher revenues despite a harsh retail
retail environment.
Reorganization of Austrian Company in the Car Refurbishing
Business (Fixed Cost Reduction, 20% Revenue Increase)
International Market Development (Austria and CEE) for
leading German Software Company (Treasury and Market
Data Systems)
Reorganization of VAMO PLC(2/07-10/07), Bulgaria as CEO
and consequently President of the Supervisory Board: Closure
of production lines for diesel-engines, Lay-Off of 400
employees, Sale of working capital(Raw Material, parts), Sale
of 1100 production machines, Sale of 20.000 tons of
ferrous/non ferrous scrap, Re-Zoning of the 150.000
squaremeters of land held by the company, sale of the land to
Shopping Center and Hotel Developers.
Reorganization of the Canadian Subsidiary (1/07-2/07)of a
listed Software Company: Employee Reduction (40% of total
staff) at 10% higher Revenue.
Reorganization of the French Subsidiary of a listed Software
Company(11/06-12/06): Reduction of Employee level by
4. 4
80%, Transfer of all operating activities to the Austrian
Holding, reduction in supplier and bank Debt by 60%
Analysis of Core-Banking System für major European
bank(10/06-11/06)
Reorganization of IT-divisions for major European
bank(A,H,CZ,SLK,KR)(04/06-10/06)
Expansion Financing for and Reorganization of Austrian
high-speed yacht builder(2006)
Implementation of strategic alliance for Austrian High -Tech
Company in the Security – Software Industry
Acquisition of subsidy for Austrian High -Tech company
Reorganization of Austrian Dental office: Reduction of
Personell and other expenses by 35% each at simultaneous
increase of Revenue by 5%
Acquisition of own company portfolio of WECOS and built
up until EXIT: Least Cost Telecom GmbH, EXIT 6/02,
Internal Rate of Return p.a. 111%, majority stake in Home
Direkt Handels GmbH(E - Commerce platform ), EXIT
5/03;minority stake in Communications Laboratories
Telekommunikations und Dienstleistungs GmbH (VOIP
Internet and Multimedia Solutions) together with leading
Austrian Venture Capital Fond, Exit 12/03, combined
portfolio Internal Rate of Return higher than 45% p.a.
Reorganization of Austrian company in the Wellness Industry
Sale of EMTS (2002)service-factory, A to leading Austrian
electronics company
CEO(6/02-12/02) of the leading Polish textile conglomerate
Vistula S.A. , implementation of drastic Reorganization
Program, amongst others Increase of Same Store Revenue4s
by 45%, reduction in working capital by 4 Mio. EUR (=12%
Yearly Revenue), reduction in liabilities by 5 Mio. EUR.,
staff reduction by 400 employees (-25%),closure and sale of
one production site
- Expansion Financing for EMTS Technologie AG, Salzburg
(A), (Service, Warranty and After Sales market leader mobile
communication), refocus on core business, IPO 24.06.00,
Swiss New Market
- Sale of majority stake in Tele-Kommerz Video und
Promotion AG, Vienna (market-leader in-store video
promotion) to Venture-Capital consortium
- Expansions-Financing for Communications Laboratories
Telekommunikations Dienstleistungs GmbH, NÖ (A),
(Multimedia platform)
- Expansion-Financing for Home Direkt Handels GmbH, Linz
(A)
- Expansion-Financing for Least Cost Telecom GmbH,
Kitzbühel (A), (market - leader Least Cost Routing)
- Acquisition of majority stake in CKD Sluzby (subsidiary of
CKD Holding Prage, CZ) for international group of investors
- Acquisition of INZO Felicitas a.s. (industrial park) in Bor -
Vysocany, CZ) for international group of investors
5. 5
- Sale of Romanian chain of gasoline stations AWA to OMV
AG
- Strategic Alliance between REHAU AG, Erlangen (D), and
leading Lithuanian plastics producer
- Reorganization of leading Greek apparel chain
- Reorganization of listed Polish apparel producer
- Reorganization of Austrian jewelry chain
- Numerous Due-Diligence’s for leading national and
international Venture-Capital Fonds
1/1997 – 8/1997 RNG MANAGEMENT CONTRACTING & CONSULTING,
WIEN
Partner
Turn-Around Projects amongst others for Pro Kennex and
Fischer Ski
1996 EUROTEAM CONSULT LTD., ZÜRICH
Projectmanager for Restructuring project of Ergee in Sonthofen
Implementation of new logistics systems
Synergy Implementations within the European Organization
1995 – 1996 HTM USA HOLDINGS INC., DELAWARE, USA.
President HTM USA Holdings Inc., CFO Head Sportswear Inc.
(Columbia, MD), CFO Head Sports Inc. (Boulder, CO)
Refocus on core-business
Turnaround with drastic Net Result improvement by 50 Mio.
EUR. through amongst others:
- Closure of money-loosing divisions
- Consolidation of 3 sites in Columbia, MD
- Reduction in incoming freight-costs by 35%
- Drastic Reduction in A/R
- Drastic improvement in inventory turnover
- Drastic reduction in fixed-costs
- Increasing average-prices by 35 % through improving
product-mix
- Launch of up-scale Print Campaign in Vogue, Shape, Men’s
Fitness
1990 – 1995 CZIPIN & PARTNER, MANAGEMENTBERATUNG,
SALZBURG
Start ´90: Junior Consultant, ´92: Projectmanager,
´95:Partner
Responsible for numerous Turnaround Projects in Europe and in the
US, amongst others.:
HEAD SPORTS INC., Boulder, Colorado, 1994 - 1995
- Massive reduction of the Overhead-Structure, the A/R
positions and the inventory positions
6. 6
- Preparing of the units in Dallas/Fort Worth and Boulder for
the Merger with the unit in Maryland
SOUTH AFRICAN BREWERIES, Hungary, 1994
- Re-Defining logistics flows of the newly acquired breweries
- Analysis of Synergy-Potential between the 2 sites
VEITSCH RADEX AG(now RHI), Vienna, 1993 - 1994
- Preparing Path for World-Wide Market Leadership in the
refractories business
- Massive Reduction in fixed costs in the areas Sales,
Marketing, General Administration
- Drastic Improvement in Average Prices through Re-Defining
product-mix
- Definition of logistics chain
- Reorganization of Sales units in Germany, France, Italy and
the US
- Visible fixed Cost reduction by 9 Mio EUR and Revenue
increase by 8% 93 vs.94
FISCHER SKI & TENNIS, Ried/Innkreis, A,1992 - 1993
- World-Market Leader in cross-country equipment
- Drastic efficiency improvement(reduction of 40 % of staff at
constant output)
- Increase in average prices by 20 %
- Closure of unprofitable divisions
- Closure of tennis-racket production
- Shifting production of entry level price-points to the Ukraine
OESPAG, Vienna, Wilhelmsburg, A,1991 - 1992
- World-Market Leader in Sanitary Ceramics
- Reduction in fixed costs in the General Administration by
30 %
- Merging administrative functions in one site
NORTHERN FOODS, UK, 1991
- Massive Reduction in Production Cost in 2 production sites.
DOPPELMAYR, Wolfurth, A,1990 - 1991
- World-Market Leader in ski-lifts
- Redefinition of production areas, new planning and fore-
casting system
AVA BANK, Vienna, A, 1990
- No.1 car leasing bank in Austria
- Massive Reduction in fixed-costs in the areas IT, Finance,
General Administration
1982 – 1989 WENZL GESCHENKE, St.Pölten, A
Logistics, Purchasing, Key-Account Management
Shift of Sourcing from Europe to the Far-East (China, Hong
Kong, South Korea)
Key-Account Management
7. 7
Education:
Master of Business Administration, California State University Hayward,
USA, (Thesis: „ Investments in a Portfolio of fast-growing Companies outperform
alternative Investments“)
Master of Business Administration, Imadec University Vienna, Austria
Languages: German: fluent, English: fluent, French: fluent