Calendar Sunday, August 01, 2010
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William H. Parker

William H. Parker

Senior retail executive who has led global multi-billion businesses by taking companies to their next level by strengthening their positions in the market and developing distinctive strategies to achieve competitive advantage. Turnaround executive who specializes in maximizing the potential and opportunities of distressed companies; also specializes in providing professional business management to small entrepreneurial companies so they achieve their full growth potential:

  • In depth experience in merchandising, product development, international manufacturing, store operations and financial management within department, specialty and discount business formats. Keen understanding of financial key performance indicators so profitability is enhanced and maximized.
  • A corporate executive who has successfully transitioned to the Private Equity arena with an assertive style and a high achievement record.

FORMAT CORPORATE

DEPARTMENT STORES
  • Macy’s: Menswear Buyer
  • May Company: Store Operations; Divisional Merchandise Manager {menswear, children’s wear, soft home}
  • Dayton-Hudson’s: Store General Manager; Divisional Merchandise Manager {menswear, young menswear, sporting goods and footwear}
  • Carson Pirie Scott: Senior Vice President Merchandising-Menswear, Intimate Apparel, Children’s Wear, Footwear
SPECIALTY STORES
  • Old Navy: Vice President of Stores and Operations for the Midwestern Zone
  • Banana Republic: Senior Vice President of Stores and Operations
  • Gateway: President and General Manager of Gateway’s Retail Stores
MASS MERCHANDISERS
  • Target: Divisional Merchandise Manager, Footwear
  • Kmart: Vice President of Marketing and Sales Promotion; Vice President Merchandising, Home Décor

FORMAT ENTREPRENEUR/INVESTOR

PRIVATE COMPANIES
  • Pharmaca, Integrative Pharmacy: Chief Operating Officer
  • Jeanomix {contemporary branded jeans and contemporary sportswear for men and women}

KEY CREDENTIALS & SELECTED ACCOMPLISHMENTS

Visionary Thinking & Strategic Development
  • Evolved a $35MM twelve (12) store entrepreneurial venture into a $100MM fifty (50) store disciplined and scalable operation in less than eighteen (18) months.
  • Re-engineered corporate strategy; thereby preserving $150MM in capital budget and increasing EBITDA by 30% within a $2.6BB business.
  • Developed and executed successful new store prototypes in the apparel, consumer electronics and pharmacy industries; resulting in comparative store increases of fifteen (15) to over thirty (30) percent.
Driving Execution & Financial Acumen
  • Transformed an unprofitable $1.3BB two hundred (200) store enterprise into a $60MM cash positive net profit generator in less than one year.
  • Drove the growth and performance of a twenty five (25) store zone from $300MM to one hundred twenty five stores and $1.3BB in less than four (4) years.
Seasoned Judgment
  • Reduced corporate overhead by $16MM through organizational restructuring while reinvesting $7MM in the store-level customer experience, which increased EBITDA significantly.
  • Engineered and implemented risk management strategies to reduce shrink by 0.5 basis points and reduce returns by over $80MM, while improving employee retention and strengthening customer service scores.
Inspiring & Empowering
  • Led a team of merchants, planners and partners to increase the category performance of the $2.6BB Home Décor division for a F100 retailer by more than 10% during a massive down-sizing and industry decline.
  • Recruited, hired, inspired, developed and promoted hundreds of talented individuals to positions of greater responsibility and authority.
  • Active Board Member and Officer in several non-profit foundations serving underprivileged minorities, at-risk youth, the sick and disabled.
 
William H. Parker: Turnaround Executive