Stephen Sylvia

Negotiated bank line needs for multiple companies. Restaffed the finance department. Modified financial statements to reflect proper income and expense. Implemented monthly and annual financial plans. Developed an analytical staffing team to support proper sell thru and inventory analysis to increase sales

Developed & executed a plan to open a facility in Southern China to source, inspect, package and consolidate shipments to the U.S. Initiative generated a savings of $1MM. In June 2004 led a due diligence process for the purchase of a U. S. based $16 million precious jewelry company, resulting in a successful acquisition, and integration to Colibri's manufacturing operations. In June 2005 worked closely worth the Founder & CEO in the successful sale of Colibri to three private equity firms. Worked with the leading equity firm to coordinate and negotiate a $40 million bank line. In 2008 executed a $9 million annual cost reduction program and succesfully relocated Colibri's office and distribution facility into a state of the art facility.

Spearheaded a joint venture establishing a precious metal alloy mill operation resulting in a $2mm annual cost savings, and a 75% inventory turn improvement. Developed a customer data base forecast procedure to drive manufacturing production schedules resulting in sales growth of 44% over a three year period. Researched various new business opportunities and negotiated and executed subsequent merger and acquisition targets resulting in 10% revenue and 15% EBITDA growth.

Managed and directed the activities of the leading national craft industry of fabric paint and Colorpoint paint stitching, with over 75% market share and revenue of $95 mm. Sales growth record of over 20% per year, for the four years spanning 1991 to 1994.