TeamsharesPresident, Network Company
May. 2023 - Nov. 2024Seaside, California, United StatesTeamshares Inc. is an employee ownership platform for small business, driven by proprietary software, education, and financial products. Its mission is to create $10 billion of new wealth for employees through stock ownership. The company buys traditional small businesses from retiring owners to make them 80% employee-owned within 20 years. Teamshares is the market leader for small business employee ownership, with 90+ companies acquired to date. Built-In Distributors, a luxury home appliance retailer with two locations in the Monterey Bay area of California, was founded in 1962 and acquired by Teamshares in 2023. Assumed the president role shortly after the company became part of Teamshares' portfolio of small businesses. Responsible for all aspects of the company, but areas of emphasis included:
- Grew written sales 11% YoY and delivered sales (revenue) 6% YoY in a market that was flat to down for the industry
- Extensive change management to modernize the business operations and integrate into the Teamshares network
- Empowered experienced staff of 19 to use their knowledge to improve the business; provided opportunities for career development and internal growth
- Continual focus on process improvement in all aspects of the business - financial, sales, operations, warehouse
- Drive cross-functional collaboration across teams and locations