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STEVEN LAREK
1212 Notre Dame Drive
Lemont, IL 60439
(630) 310-1631
Steve.Larek@gmail.com
Seasoned Financial Executive focused on creating value from emerging opportunities. Middle
market sector concentration with diverse operational experience in consumer products manufacturing,
marketing and distribution and hospitality industry. MBA and CPA. Applied expertise in Strategic
Planning, Growth and Expansion, Operational Best Practices, Enterprise Management, Proactive
Financial Management and Collaborative Leadership.
PROFESSIONAL
VICTOR BVI British Virgin Islands
CFO 2014-2015
Developer/operator of ultra-luxury resorts and real estate
• Overhauled departmental structure through the budgeting process to spotlight management
responsibility, identified annual operating cost reductions in excess of $500,000.
• Modified the procurement process, deferred staffing additions to realize annual savings of
$100,000 while improving service level.
• Implemented performance metrics in food & beverage operations to yield 3% to 6% net annual
profit enhancement.
HOME RUN INN GROUP Woodridge, IL
CFO 1996-2014
Closely held all natural food manufacturer, distributor & restaurateur
• Launched strategic initiatives in the frozen foods manufacturing division to exploit core
competencies, proactively manage product array, and create a new product group, yielding profit
increases in excess of $1 million annually.
• Finance team leader in creation and launch of DSD distribution company, initiative that propelled
the Home Run Inn frozen pizza brand to #1 market position.
• Sourced and negotiated lease for distribution center that included obtaining $2 million cold storage
facility at zero net cost.
• Implemented use of KPI’s in restaurant operations, netting operating profit enhancements of 10%
to 15% per location.
• Initiated repurposing of non-performing real property which produced a net cash stream to
ownership of $300,000 annually, thirty year assured term.
• Negotiated over $20 million financing for expansion programs utilizing a variety of debt
instruments.
• Led company-wide turnaround in safety performance, from factory floor behavior to investment in
captive insurance company, netting in excess of $500,000 annual profit contribution
• Originated and managed crucial, sustaining, external relationships with business partners serving
legal, financing, accounting and risk management needs.
LEARNING SCIENCES CORPORATION Chicago, IL
Director of Finance 1994-1995
Joint venture creating commercial AI based training systems
• Secured investor financing; built the first pricing/costing models; created the accounting system.
• Relocated the entire operation from the Northwestern University incubator to the Chicago business
district, including site selection, lease negotiation and facility design, creating an equity gain in the
process.
STEVEN LAREK PAGE 2
INDEPENDENT CONSULTANT Chicago, IL
Turnaround Situations 1993-1994
BLYTH INDUSTRIES Chicago, IL
Corporate Controller 1989-1992
Manufacturer & distributor of giftware
TURTLE WAX, INC. Burbank, IL
Assistant Corporate Controller 1982-1989
Iconic auto care products manufacturer
EDUCATION
NORTHWESTERN UNIVERSITY, KELLOGG Evanston, IL
MM, Finance and Marketing
DePAUL UNIVERSITY Chicago, IL
BS, Accounting
CPA State of Illinois
ADDITIONAL
1983-current
Executive Committee, Board of Directors, Harvest Insurance Company 2011-2014
Harvest is a captive insurance company headquartered in Cayman Islands
Chairman of the Board, Finance Committee Chairman 2000-2011
Illinois Restaurant Risk Management Association
IRRMA was the Workers’ Comp insurance company operated for IRA members
DePaul University Alumni Mentor 2008- current
Illinois C.P.A. Society 1983-current
COMMUNITY
Founder, President : Lemont Indians Lacrosse
High School Varsity through Youth Instructional boys lacrosse teams, transitioned to the community,
still successfully in operation
Founder, Board of Governors : Lemont Football League
Youth sports program operated independently for five years, then given to the Village of Lemont Park
District, still successfully in operation
Vice President of RVOA, the managing organization for State of Illinois amateur lacrosse referees

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LarekRes_0521

  • 1. STEVEN LAREK 1212 Notre Dame Drive Lemont, IL 60439 (630) 310-1631 Steve.Larek@gmail.com Seasoned Financial Executive focused on creating value from emerging opportunities. Middle market sector concentration with diverse operational experience in consumer products manufacturing, marketing and distribution and hospitality industry. MBA and CPA. Applied expertise in Strategic Planning, Growth and Expansion, Operational Best Practices, Enterprise Management, Proactive Financial Management and Collaborative Leadership. PROFESSIONAL VICTOR BVI British Virgin Islands CFO 2014-2015 Developer/operator of ultra-luxury resorts and real estate • Overhauled departmental structure through the budgeting process to spotlight management responsibility, identified annual operating cost reductions in excess of $500,000. • Modified the procurement process, deferred staffing additions to realize annual savings of $100,000 while improving service level. • Implemented performance metrics in food & beverage operations to yield 3% to 6% net annual profit enhancement. HOME RUN INN GROUP Woodridge, IL CFO 1996-2014 Closely held all natural food manufacturer, distributor & restaurateur • Launched strategic initiatives in the frozen foods manufacturing division to exploit core competencies, proactively manage product array, and create a new product group, yielding profit increases in excess of $1 million annually. • Finance team leader in creation and launch of DSD distribution company, initiative that propelled the Home Run Inn frozen pizza brand to #1 market position. • Sourced and negotiated lease for distribution center that included obtaining $2 million cold storage facility at zero net cost. • Implemented use of KPI’s in restaurant operations, netting operating profit enhancements of 10% to 15% per location. • Initiated repurposing of non-performing real property which produced a net cash stream to ownership of $300,000 annually, thirty year assured term. • Negotiated over $20 million financing for expansion programs utilizing a variety of debt instruments. • Led company-wide turnaround in safety performance, from factory floor behavior to investment in captive insurance company, netting in excess of $500,000 annual profit contribution • Originated and managed crucial, sustaining, external relationships with business partners serving legal, financing, accounting and risk management needs. LEARNING SCIENCES CORPORATION Chicago, IL Director of Finance 1994-1995 Joint venture creating commercial AI based training systems • Secured investor financing; built the first pricing/costing models; created the accounting system.
  • 2. • Relocated the entire operation from the Northwestern University incubator to the Chicago business district, including site selection, lease negotiation and facility design, creating an equity gain in the process. STEVEN LAREK PAGE 2 INDEPENDENT CONSULTANT Chicago, IL Turnaround Situations 1993-1994 BLYTH INDUSTRIES Chicago, IL Corporate Controller 1989-1992 Manufacturer & distributor of giftware TURTLE WAX, INC. Burbank, IL Assistant Corporate Controller 1982-1989 Iconic auto care products manufacturer EDUCATION NORTHWESTERN UNIVERSITY, KELLOGG Evanston, IL MM, Finance and Marketing DePAUL UNIVERSITY Chicago, IL BS, Accounting CPA State of Illinois ADDITIONAL 1983-current Executive Committee, Board of Directors, Harvest Insurance Company 2011-2014 Harvest is a captive insurance company headquartered in Cayman Islands Chairman of the Board, Finance Committee Chairman 2000-2011 Illinois Restaurant Risk Management Association IRRMA was the Workers’ Comp insurance company operated for IRA members DePaul University Alumni Mentor 2008- current Illinois C.P.A. Society 1983-current COMMUNITY Founder, President : Lemont Indians Lacrosse
  • 3. High School Varsity through Youth Instructional boys lacrosse teams, transitioned to the community, still successfully in operation Founder, Board of Governors : Lemont Football League Youth sports program operated independently for five years, then given to the Village of Lemont Park District, still successfully in operation Vice President of RVOA, the managing organization for State of Illinois amateur lacrosse referees