Marvin Solomon has over 30 years of experience in finance, project management, and leadership roles. He holds a BS in Management and an MBA in Finance. He has worked at several large companies, including GE Capital, Transamerica, Johnson & Johnson, and Amana Appliances. Throughout his career, he has a proven track record of growing businesses, improving processes, managing change initiatives, and developing strong customer relationships. Testimonials praise his leadership, work ethic, integrity, and ability to achieve results.
2. Marvin Solomon
Education
Built a technical foundation
Influencing/Negotiation Skills
Customer Focus
Project Management
Change Management
Negotiation Skills
Financial Structuring
Leadership Development
Change Management
Process Improvement
Business Strategy
Growth Leader
Process Improvement
Customer Focus
Rutgers University
BS-Management
MBA - Finance
McNeil Cons. Prod.
Financial Service Mgr.
(4 years)
J & J Healthcare
Credit/Portfolio Mgmt.
(9 years)
Johnson & Johnson
Project Management
(3 years)
Transamerica
P & L Management
(7 years)
Amana Appliances
Director Financial Svc.
(4 years)
GE Capital
P&L/Commercial Leader
(8 years)
Organizational Design
Change Management
Influencing Skills
Business Development
New Product Strategy
Risk, Portfolio Mgmt.
4. Project/Change Management
• GE Capital/Transamerica
– Introduced automation to dealer base of 8,000 that produced adoption rates of 80%+, lowering costs
and provided superior reporting and processing tools.
– Guided transition and onboarding of large manufacturer programs $100+ million into 3rd
party
relationships.
– Reduced time to add new dealers by 80% by changing organization structure and introducing new
technology.
– Partnered with 10+ customers on projects to improve their knowledge relating lean manufacturing,
global finance, commodity trading, employee development and benefits.
• Amana Appliance
– Created JV with 3rd
party finance unit to share equity, risk, profits, resources and expertise.
– Developed enhanced reporting systems to measure impact of volume, mix and rate on logistic
expense
• Johnson & Johnson
– Designed and developed state of the art front end order entry and financial systems in concert with
Andersen Consulting to create a consolidated Consumer Products Customer Support Center.
– Implemented and managed automated promotion management systems to reduce costs and
accelerate turnaround time on rebate checks to customers.
– Reorganized staff into cross-functional work teams to improve internal processing and reduce cycle
times.
– Key member of cross-functional Returned Goods Task Force which reduced returns/damaged goods
by 50%
5. • GE Capital
– Expanded loan portfolio from $700 million to $1.2 billion over 7 year period achieving
double-digit top line growth compared to industry averages of 3-5%.
– During 2009 and 2010, delivered 5% net income growth in Outdoor Products despite
adverse economic conditions.
– Redesigned Inside Sales Team to onboard 1,000 to 1,500 new dealers annually while
reducing wing-to-wing cycle time by 85% from 20 to 3 days.
– Created long-term strategic alliances with key Outdoor Products Manufacturers
representing >75% of the portfolio.
• Transamerica
– Grew asset base from $200 million to $700 million, a 19.6% CAGR, while reducing
expenses by 28% over a 7 year period.
– Achieved 80% market share in Outdoor Products market with a combination of superior
service, high quality programs and trusted sales relationships.
• Amana Appliances
– Initiated partnerships with key customers to provide vendor managed inventory
programs designed to reduce risk and support mutual growth objectives.
Business Development/Growth
6. • GE Capital
– Acquired responsibility for $85 million furniture portfolio and successfully liquidated the
assets in 18 months.
– Created the company’s first employee compliance committee to engage on issues
specific to the business. The team raised and resolved > 35 issues, conducted extensive
training and formulated the first company wide “Compliance Day” program.
– Successfully transitioned all portfolios to libor based programs to better match
borrowings and reduce risk of margin leakage
• Transamerica
– Created warranty feeds as a means of identifying retail sold inventory and reducing
delinquency.
– Increased rates of dealer usage of front-end systems to > 75% to reduce payment float.
• Amana Appliance
– Reduced A/R delinquency by 73%, bad debt by 47%, operating expense by 40% and
headcount by 35% in a 24 month period.
• Johnson & Johnson
– Reduced DSO by 3 days, invoice delinquency > 30 days by 75%.
– Improved A/R auto cash application rates by 50% and accelerated customer order cycle
time by 30%. Processing speed resulted in accelerated resolution of disputes and
decreased delinquency rates.
Risk Management
7. Leadership
• GE Capital
– Promoted diversity and inclusiveness by taking leadership roles in workshops and
forums across business locations.
– Maintained active role in informal and formal mentoring programs successfully guiding
individuals through complex career transitions.
– Formulated and facilitated teams to improve the quality of employee feedback, rewards
and recognition, career development, performance practices and tools and resources.
• Transamerica
– Managed cross-functional team of 90 in Risk, Portfolio Management, Sales and
Marketing functions across 12 distinct Industries.
– Led Transamerica’s Quality Improvement Task Force.
– Received Transamerica’s 2001 & 2002’s Mentoring Excellence Awards.
• Amana Appliance
– Reorganized and managed cross-company team of 40 in Joint-Venture structure.
• Johnson & Johnson
– Recruited, trained and mentored individuals to transition into restructured organization
in a self-directed work team environment.
8. Customer Focus
• GE Capital
– Annually attained high Net Promoter scores across all industries outperforming the
competition by 50%.
– Formulated Strategic Alliance structures with key manufacturers, representing > 75% of
the loan portfolio.
– Formulated and operationalized a Strategic Manufacturer Dashboard to identify GE’s
unique value proposition with each key relationship to maximize overall share of wallet.
• Amana Appliance
– Formulated key relationships and established procedures with buying groups, national,
regional dealer chains to to achieve “open to buy” status, accommodating seasonal
buying trends.
• Johnson & Johnson
– Reorganized staff into functional work teams to improve internal processing and
improve customer service.
– Reduced transactional errors (Deductions) with National Accounts by working with both
internal and external functional channel partners.
9. “I worked for and with Marvin over the past 10 years at GE. Marvin is decisive, analytical, a customer
advocate, with a strong work ethic and commitment to success which makes him a great leader
and contributor to any team. As a coach and mentor, Marvin drives his team to the highest
standards of market performance” Jim Green, VP Business Development
“Marvin is a dedicated, loyal business partner. A true professional. Some one you can always depend
on getting the job done” Timothy Congdon – Congdon Associates – In reference to our vendor-
client relationship.
“Marvin is personable and customer service oriented. He as strong leadership skills and the ability to
motivate team members. In nearly 20 years of knowing and working with Marvin I respect and
appreciate his integrity and business acumen” John Crowson – President Scag Power Equipment
“Marvin did an excellent job with our account. I could really count on him to do what he said he was
going to do, in the timeframe he said it would be done. He also stood by his word and his
commitments to our company. I would certainly hire him again and trust that he would do a great
job!” Pat Cappucci – President, Schiller Grounds Care - In reference to our vendor-client
relationship.
“In my years of working both with and for Marvin, I have always been impressed with his attention to
detail. He is focused, analytical and decisive. He has a strategic approach to complex situations
and works tirelessly to achieve the desired results. He looks to develop professional relationships
with the customer and uses a partnership approach to achieve success. Mark Applen – VP National
Accounts
Testimonials
10. “I worked for and with Marvin over the past 10 years at GE. Marvin is decisive, analytical, a customer
advocate, with a strong work ethic and commitment to success which makes him a great leader
and contributor to any team. As a coach and mentor, Marvin drives his team to the highest
standards of market performance” Jim Green, VP Business Development
“Marvin is a dedicated, loyal business partner. A true professional. Some one you can always depend
on getting the job done” Timothy Congdon – Congdon Associates – In reference to our vendor-
client relationship.
“Marvin is personable and customer service oriented. He as strong leadership skills and the ability to
motivate team members. In nearly 20 years of knowing and working with Marvin I respect and
appreciate his integrity and business acumen” John Crowson – President Scag Power Equipment
“Marvin did an excellent job with our account. I could really count on him to do what he said he was
going to do, in the timeframe he said it would be done. He also stood by his word and his
commitments to our company. I would certainly hire him again and trust that he would do a great
job!” Pat Cappucci – President, Schiller Grounds Care - In reference to our vendor-client
relationship.
“In my years of working both with and for Marvin, I have always been impressed with his attention to
detail. He is focused, analytical and decisive. He has a strategic approach to complex situations
and works tirelessly to achieve the desired results. He looks to develop professional relationships
with the customer and uses a partnership approach to achieve success. Mark Applen – VP National
Accounts
Testimonials