About Megliola Management Services, Inc (MMS)
Paul J. Megliola, President
Education
1979 - M.B.A., University of North Carolina, Chapel Hill, North Carolina
Full academic fellowship
1973 - B. S., Boston College, Chestnut Hill, Massachusetts
Magna Cum Laude
Business experience
Consultant 9/06 to present
Megliola Management Services, Inc. Sole proprietor working as project manager, part time CFO or strategic business manager.
Involved in all aspects of managing businesses. Clients were generally privately held businesses most with $3 million to $50 million in sales. Differentiated the practice by emphasizing a "hands on" approach thereby leveraging the business owner's time and talent. MMS was there to solve problems and implement procedures, not just to write prescriptions. Clients felt this was important because MMS worked for business owners that had already overextended themselves. They simply didn't have the time to implement the recommended improvements of a written report. Or, they realized that they could not afford to neglect the assigned work, but felt their own time was better invested elsewhere.
President, Partner 8/02 - 8/06
Mirador Group International, LLC. Designer and distributor of casegood furniture with a design studio in the Philippines, logistics office in China, and showroom, warehouse, sales and administrative offices in High Point North Carolina.
Initially involved as a consultant in the development of the strategic plan for this February 2000 start up; subsequently recruited for a turn around effort in August 2002 - originally as COO, then CEO 15 months later. During that tenure, improved gross margin by 9 points, increased number of customers by 300%; reduced expenses by 40%, improved warehouse utilization by 35%, reduced US based workforce by 20%. Negotiated new factored financing arrangement and Asian equity partnership. Implemented new systems for open to buy, logistics, inventory control, salary administration, forecasting, and cash flow management.
Vice President, General Manager, Partner 1/86 - 5/93
The Todd Organization of the Carolinas, member of The Todd Organization, Inc. and partnership specializing in the design, implementation, and administration of non-qualified executive benefit programs, Greensboro, NC.
Hired as general administrator when the firm began to experience significant growth. Managed accounting, personnel, salary administration, purchasing, personal computer hardware (which has grown to 30 node network), general office management. Invited into partnership in January, 1987. In August, 1989, assigned additional responsibility of Plan Services, a newly created plan administration department (outcome of partners' strategic planning efforts to reorganize business for the 90's). Wrote mission statement, set objectives, defined work procedures, hired, trained and managed staff for Plan Services. Served The Todd Organization, Inc. (national affiliation) as member of the Finance Committee (including chairman), Executive Committee, Transition Committee (chairman), Executive Director search committee (chairman), and Board of Directors. Filled in as acting Executive Director of Todd's national computer center in Connecticut during four month search for new full time replacement.
Vice President, Finance and Planning 9/83 - 1/86
Compute! Publications, Inc., book and magazine subsidiary of American Broadcasting Company, Inc., Greensboro, NC.
Assumed CFO position following acquisition by ABC, Inc. Directly responsible for accounting, planning, data processing, credit, cash management. Actively involved in all areas of administration and personnel. Explosive 250% annual growth rate required complete revamp of the financial information package and data processing system upgrade from IBM 34 with 8 terminals to an IBM 4361 with 27 terminals.
Various Financial Positions with The Stanley Works as follows: 8/79 - 9/83
Divisional Budget Manager 4/82 - 9/83
Stanley Hardware, Division of The Stanley Works, New Britain, CT.
Responsible for all areas of planning. Developed a software model for sensitivity analysis and early warning reports along with more traditional analysis tools.
Divisional Controller 7/80 - 4/82
Stanley Compo-Cast, Division of The Stanley Works, Indianapolis, IN.
Assumed controllership following acquisition by The Stanley Works. Directly responsible for cost and general accounting, planning, salary administration, personnel, office management, capital budget administration. Developed complete standard cost system with monthly variance analysis. Developed production/inventory control system that yielded a 30% inventory reduction in 6 months.
Corporate Financial Analyst 8/79 - 7/80
The Stanley Works, New Britain, CT.
Analyzed divisional budget presentations, worked as troubleshooter for standard cost system problems with plant accountants.
Financial Systems Consultant 5/78 - 6/79
I. L. Long Construction Company, Winston-Salem, NC.
Implemented new job cost system. Worked concurrently with full time MBA program at UNC- Chapel Hill to cover living expenses.
Controller 5/76 - 8/77
Alberox Corporation, New Bedford, Mass.
Staff Accountant 6/73 - 5/76
Arthur Andersen & Company, CPA's Boston, Mass.
Additional Information
Former member of Foundation Board of Guilford Technical Community College. Board of Directors for Starmount Forest Country Club. Former Certified Public Accountant. United Way allocations committee member. Instructed accounting courses at UNC - Chapel Hill & High Point University. Parish team captain on $750,000 building fund drive. Class treasurer, class representative for national competition while in MBA program. Married, four children, excellent health. Ridiculously avid (not good, just avid) golfer with 5 hole-in-ones. |
