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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
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
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
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
- 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
- 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
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

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CVRomanWenzl,MMBAenglish26022016

  • 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