R. LeMond introduced several lean practices and cost saving initiatives at Acrow Corporation of America that resulted in $4 million in product cost savings, higher throughput, and lower inventory levels. He led the integration of a $40 million acquisition, aligned financial reporting with GAAP, and navigated a successful IRS audit. LeMond also generated over $10 million in cost reductions through improvements in various areas of the company's operations.

1. R. LeMond
Key Achievements for Acrow Corporation of America:
 Introduced lean practices and continually assisted in improvements resulting in, $4M in
product cost savings, higher throughput and lower inventory levels
 Developed cash forecasting models that increased accuracy and incorporated cost benefit
and ROI analysis
 Created manufacturing variance reports that monitor product costs, ultimately improving
margins by 5% through plant efficiencies and enhanced pricing
 Streamlined pricing / quoting software to improve ease of use and incorporate all variable
costs
 Led the M&A process and integration of a $40M U.S. manufacturer; resulted in a
seamless “tuck in” integrated cash, systems, financial reporting and organizational
structure
 Aligned all consolidated financial reporting with GAAP, ensured the company received
an unqualified audit opinion on an annual basis
 Successfully navigated the company though a comprehensive IRS audit, yielding one
proposed adjustment with a value less than $25K
 Generated and drove cost reductions totaling over $10.0M in plant operations, insurances,
capital appropriations, compensation programs and vendor negotiations
 Created and drove the strategy for Union negotiations resulting in favorable concessions
in areas such as, pension plans, healthcare insurance contributions and wages
 Administer and manage a defined benefit plan with assets valued at $6.0M. Rebalanced
the investment portfolio resulting in a 12-month return on investments of 15%
 Developed a comprehensive monthly financial management reporting package which
encompassed job profitability to the net contribution margin level
 Led the re-implementation of the company’s ERP solution resulting in, improved
utilization, automation and management reporting while strengthening internal controls
 Implemented an Interest Charge Domestic International Sales Corporation (IC-DISC);
providing Equity Partners with a 20% tax savings for qualified U.S. exports
 Negotiated bank lines of credit maximizing cash availability and long term debt solutions
 Formalized transfer pricing between foreign operating entities
 Introduced FX hedging through NDF’s to eliminate foreign currency risk in international
projects
 Reduced insurance premiums by 10% through plan enhancements, broader marketing and
rate modification improvements