QScott Ride is a distinguished senior executive, he brings to CMBB a remarkable track
record spanning over 20 years, demonstrating a consistent ability to drive revenues, spur
growth, and enhance business performance. Currently serving as the President and
Chief Operating Officer at The Hillman Group Canada ULC, Mr. Ride has been at the
forefront of leading business transformations and overseeing day-to-day operations
across multiple divisions and distribution centres in the manufacturing sector.
In his role at The Hillman Group, a leading distributor and manufacturer, Mr. Ride has
been instrumental in steering a 700+ employee organization through a strategic vision.
His responsibilities encompass business development, manufacturing, purchasing,
operations, IT, HR, finance, and sales and marketing. He has successfully managed key
relationships with major retailers and buying groups, solidifying the company's position
in the market.
Prior to his current role, Mr. Ride served as the
President of Husqvarna Canada.
With
15,000 employees and 4.3B in Revenue Husqvarna is the world's largest producer of
outdoor power products.
During his tenure, he notably orchestrated the successful
turnaround of an underperforming business, achieving a
16% growth
in the top line,
improving EBIT from a significant negative to 7%, and expanding national market share
by 4.4%.
Under his strategic leadership, Scott launched a private label program generating
$25M+
in
new business and established a commercial sales program delivering $1M+ in annual
sales. He significantly increased existing dealer business by 15.9% ($10.73M) in the first
transitional year and oversaw the opening of 43 new dealerships contributing $2.4M in
incremental business.
reduced aged receivables from $9.2M to $1.9M, slashed non-current inventory by over
$10.5M, and cleared $825K of old stock through effective sales campaigns. Secured $16M
in product placement and facilitated the company’s successful participation in a
commercial summit, resulting in $1M+ in new business.
Scott's commitment to excellence extended to delivering product quality improvements,
leading to a 23% reduction in service incidents rates and increased customer satisfaction.
Demonstrating reliability, he consistently met annual stretch targets in sales, EBITDA,
inventory control, and working capital.
As President, Global Operations at Electrolux Home Care Products Canada Inc. &
Electrolux Central Vacuum Systems, Mr. Scott C. Ride oversaw corporate development,
sales, manufacturing, marketing, and various critical functions for 300 employees across
major companies. Managing a portfolio spanning 70+ countries, 1000+
distributors/dealers, and a 60-person sales team, he achieved remarkable milestones.
Under Scott's strategic direction, he achieved a remarkable flat sales growth of $120M,
defying a 30% industry decline. Simultaneously, he expanded the account base by an
impressive 4.3%, showcasing his adeptness in driving revenue in challenging market
conditions.
Additionally, Scott demonstrated financial acumen by overseeing the relocation of the
company's manufacturing facility from Iowa to Mexico, achieving this transition on time
and within budget. His strategic initiatives also included plans to move the US
international business headquarters to Canada, contributing to cost savings.
Moreover, he successfully executed an M&A strategy, directing acquisitions and
partnerships while effectively managing service to key accounts such as Sears, Costco,
Wal-Mart, Best Buy, Zellers, and Canadian Tire. Scott's leadership prowess and
achievements in driving growth, cost savings, and strategic relocations underscore his
significant impact on organizational success.
In his earlier roles at Maytag Canada, Onyx Marketing Group, and Canon Canada Inc.
(Photographic Division), Mr. Ride consistently demonstrated his ability to lead national
marketing efforts, secure key accounts, and drive revenue growth. His strategic acumen
and results-oriented approach were pivotal in achieving success across diverse
industries.
Beyond his corporate roles, Mr. Ride has been affiliated with TEC Canada (Chief Executive
& Leadership Development Group) since 2009. He also served as a Director and Officer of
Gardena Corporation, overseeing Canadian business activities and ensuring corporate
compliance.
Mr. Ride holds a Bachelor of Business Administration with a major in Marketing from
Bishop’s University, Sherbrooke. His comprehensive experience, strategic vision, and
proven leadership make him an invaluable addition to the Board, contributing to the
growth, performance, and client service excellence of at CMBB.
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