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Walter Peters is a seasoned executive with over 40 years of experience in various industries, including aerospace, manufacturing, and finance. He has held leadership positions in companies such as AlliedSignal Corporation, Curtiss Wright Flight Systems, Inc., and Kearfott Corporation, where he has demonstrated expertise in strategic planning, process improvement, and team leadership. Peters holds an MBA from Harvard Business School and a Bachelor's Degree from Kenyon College.

Experience

    • United States
    • Aviation and Aerospace Component Manufacturing
    • 400 - 500 Employee
    • Director Manufacturing & Continuous Improvement
      • 2013 - 2014

    • Vice President, Operations
      • 2012 - 2013

    • Vice President & General Manager
      • 2001 - 2012

      - Managed all day-to-day operations of this $80M business turnaround. Reduced overhead by 15% while exceeding sales targets. Directed the operations of three facilities including a Maquiladora in Matamoros, MX.- 30% cost reduction in principle product and improved EBITDA consolidated over 750,000 sq. ft. of facilities by 50% resulting in annual overhead savings of $3M- Restructured program management along product family lines and created logistics group for focused aftermarket support- Implemented the IFS ERP system. Secured multiple grants from NJ and NC to facilitate transition to lean manufacturing and movement of manufacturing to lower cost sites.

    • President & Chief Operating Officer
      • 2000 - 2001
      • Paterson, New Jersey

      - $20M business turnaround. Re-financed company to provide additional working capital for operations and growth re-financings representing 85% of sales- Reestablished relationship with major Japanese supplier representing 25% of business, negotiated debt settlement of $1M forgiveness- Increased business by 30% over previous year, restructuring business establishing detailed departmental budgets and incentives for control and accountability.- Developed strategic plan to focus product development and process improvement.

    • Vice President & General Manager
      • 1997 - 1998

      - Managed all activities of $35M business including all functions.- Developed financial and management systems for development programs accounting for 60% of revenues to meet revised cost and schedule objectives.- Reduced overhead expenses by over 15% while maintaining key customer deliveries.- Initiated development planning for the division's workforce.

    • Vice President, Marketing & Business Development
      • 1995 - 1997

      - Managed OEM marketing and business development for $100M business. - Oversaw direct sales force for aerospace and distribution network for industrial products.- Led due diligence team in the acquisition of a $25M business.- Developed a new market plan for industrial products resulting in 600%-increased sales while establishing new dealers in U.S., Canada, Japan, Israel and South Africa. - Increased market penetration in new aerospace segments through teaming and strategic wins.

    • Joint Venture U.S. Program Director
      • 1993 - 1994

      - Led one of AlliedSignal's transition teams in successful acquisition of Sundstrand's $150M Data Control business as prerequisite to proposed $1B international joint venture.- Directed JV formation activities including schedules, negotiations, organizational structures, site views and executive reports.- Promoted to Quality Vice President pending successful outcome of joint venture.

    • Director, Continuous Improvement Program (Auxiliary Power Division)
      • 1990 - 1993

      - Facilitated transition to Total Quality for all 2,200 employees. Led cycle time reduction initiatives for core business processes.- Served as the Aerospace representative for corporate cycle time reduction team.- Led certification to Boeing's D1-9000 advanced Quality System as team leader and developed Total Quality advanced training for senior executives.

    • President (Actuation Systems Division)
      • 1989 - 1990

      - Planned, proposed and formed the Actuation Systems Division establishing the first synergistic combination of product lines from the Allied/Signal merger. - Appointed first president of the new $190M business. Established operating strategy, developed budgets, acquired facilities and staff. - Consolidated multiple sites to a single site employing 1,300 employees.

    • President, Electrodynamics Division
      • 1989 - 1989

      - Managed all aspects of $80 M hydraulic valve business of 650 salaried and bargaining unit employees.

    • Director, Operations
      • 1986 - 1989

    • Director, Material Management
      • 1984 - 1986

    • Manager, Management Information Systems
      • 1982 - 1984

    • Superintendent, Inventory Control
      • 1981 - 1982

    • Project Leader and Systems Coordinator
      • 1980 - 1981

    • Staff Assistant to President, Industrial Group
      • 1979 - 1980

  • Tower Cranes of America
    • Fairfield, New Jersey
    • Special Projects Manager
      • 1971 - 1977
      • Fairfield, New Jersey

Education

  • 1977 - 1979
    Harvard Business School
    Master of Business Administration (M.B.A.)
  • 1967 - 1970
    Kenyon College
    Bachelor's Degree, Liberal Arts and Sciences/Liberal Studies
  • Pingry School

Suggested Services

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Industry Focus. “Aerospace and Defense”

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